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Europe Portable Inverter Generators Market Trends

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

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Europe Portable Inverter Generators Market Trends

Growing consumer interest toward recreational activities and increasing consumer inclination toward uninterrupted power supply will positively impact the business landscape. The technology offers key advantages including low noise levels, high efficiency and ease of mobility, accelerating the industry potential. The increasing reliance on power equipment to maintain daily operations for numerous consumers will fuel the product penetration.

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.