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Europe Portable Inverter Generators Market Size

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

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Europe Portable Inverter Generators Market Size

Europe Portable Inverter Generators Market size was valued at USD 1.28 billion in 2023 and is estimated to grow at a rate of 3.9% between 2024 and 2032. Increasing intensity & frequency of weather-related outages coupled with shifting focus toward clean and stable electrical power will drive the industry outlook. For instance, in 2022, the UK experienced total electricity distribution losses of 24.6 TWh.

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Portable inverter generators sets are compact and lightweight power solutions designed for portability and versatility. Leveraging inverter technology, these generators produce high-quality, stable electrical power, making them ideal for various applications. Their portability, often facilitated by built-in handles or wheels, makes them suitable for camping, outdoor events, and as backup power sources at home.

Europe Portable Inverter Generators Market Report Attributes
Report Attribute	Details
Base Year:	2023
Europe Portable Inverter Generators Market Size in 2023:	USD 1.28 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	3.9%
2032 Value Projection:	USD 1.79 Billion
Historical Data for:	2019 to 2023
No. of Pages:	280
Tables, Charts & Figures:	125
Segments covered:	Power Rating, Power Source, Application & Country
Growth Drivers:	Growing consumer interest toward recreational activities Increasing intensity & frequency of weather-related outages Growing demand for uninterrupted power supply
Pitfalls & Challenges:	Safety concerns

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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.