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Europe Portable Inverter Generators Market Analysis

  • Report ID: GMI8883
  • Published Date: Apr 2024
  • Report Format: PDF

Europe Portable Inverter Generators Market Analysis

The > 2 kVA - 3 kVA portable inverter generators industry will surpass USD 350 million by 2032. These systems serve a broad spectrum of purposes, spanning from household to medium-duty commercial applications, construction sites and recreational activities. Increased infrastructure spending has spurred a surge in industrial sector, consequently driving demand for these generator sets.
 

Europe Portable Inverter Generators Market Share, By Power Source, 2023

The Europe portable inverter generators market from gasoline generators segment size will witness growth rate of over 3.5% through 2032. The capacity of these systems to effectively meet the energy needs of consumers, particularly in residential settings, will contribute to industry growth. The product offers key advantages including lightweight design, operational convenience and compactness, stimulating the business outlook. Furthermore, these units have undergone a notable evolution, shifting from being merely supplementary power sources to becoming essential across a diverse array of applications, which in turn will offer significant opportunities for industry expansion.
 

Germany Portable Inverter Generators Market Size, 2022 - 2032 (USD Million)

The Germany portable inverter generators market is set to reach over USD 250 million by 2032. Implementation of environmental and emission regulations including the upcoming implementation of the EU Stage V limits will augment the business growth. Flourishing real estate sector along with increasing investment toward the development of commercial establishments will escalate the product deployment. Moreover, the aging grid infrastructure, in line with declining grid resilience will energize the industry scenario.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size for portable inverter generators in Europe reached USD 1.28 billion in 2023 and will exhibit a 3.9% CAGR from 2024 to 2032, fueled by increasing demand for reliable and portable power sources for outdoor activities, camping, and backup power needs and the trend towards eco-friendly solutions.

The gasoline generators segment will experience 3.5% CAGR through 2032, owing to the segment's versatility, ease of use, and widespread availability of gasoline fuel.

Germany market will register USD 250 million by 2032, attributed to country's strong emphasis on renewable energy adoption and stringent emissions regulations.

Prominent players operating in market are Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Deere & Company, Generac Power Systems, Honda Motor Co., Hyundai Power Equipment, Kipor Power, Kirloskar, Kohler, Mitsubishi Heavy Industries, Wacker Neuson, WEN Products.

Europe Portable Inverter Generators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 125
  • Countries covered: 7
  • Pages: 280
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