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Diesel Fired Portable Inverter Generator Market Trends

Report ID: GMI10919
Published Date: Aug 2024
Report Format: PDF

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Diesel Fired Portable Inverter Generator Market Trends

The industry is set for a substantial surge owing to rapid adoption of cleaner and more stable power solutions. Growing impact of natural disasters including floods, wildfires, and hurricanes coupled with incorporation of advanced features comprising of connectivity with mobile apps, remote monitoring, and automatic start/stop will influence the industry penetration. Moreover, increasing construction activities primarily across emerging economies in conjunction with surging requirement for uninterrupted power supply will boost the demand of portable generators.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of diesel-fired portable inverter generator was worth over USD 52.3 million in 2023 and will record a CAGR of 3.8% through 2032, due to the rising demand for reliable power systems, growing outdoor activity trends, and advancements in technology and generator efficiency.

The 1 kVA - 2 kVA segment will surpass USD 30 million by 2032, fuelled by growing noise regulations and environmental concerns, along with the adoption of user-friendly features and versatile applications.

North America diesel fired portable inverter generator market will exceed USD 25 million by 2032, driven by extreme weather conditions and increasing demand for reliable power solutions.

Atlas Copco, Cummins, Inc., Generac Power Systems, Inc., HIMOINSA, Honda Power Products Indonesia, Hyundai Power Products, KOHLER, Powerac, TAIZHOU POWERWORK Industrial Co., Ltd., WINCO, Yamaha Motor Co., Ltd., and YANMAR Holdings Co., Ltd.