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Diesel Fired Portable Inverter Generator Market was valued at USD 52.3 million in 2023 and is likely to grow at a CAGR of 3.8% from 2024 to 2032. Increasing awareness toward adoption of reliable power systems in line with surging popularity of outdoor activities will escalate the business potential. Continuous innovation in technological advancements coupled with modernization in inverter gensets performance and efficiency will drive the industry dynamics.
A diesel fired portable inverter generator is a compact & mobile power generation device that uses diesel fuel to produce electricity and incorporates inverter technology to provide clean, stable power output. Ongoing implementation of stringent emission codes and compliances in association with robust adoption of lower emission & eco-friendly technologies will foster industry growth. In addition, rising fluctuation of power outages activities and unreliable grid supply combined with increasing demand for temporary power backup solutions will stimulate the deployment of portable inverter generators.
Report Attribute | Details |
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Base Year: | 2023 |
Diesel Fired Portable Inverter Generator Market Size in 2023: | USD 52.3 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 3.8% |
2032 Value Projection: | USD 72.6 Million |
Historical Data for: | 2021 to 2023 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 40 |
Segments covered: | Power Rating, Application & Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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