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Gasoline Powered Portable Inverter Generator Market Trends

Report ID: GMI10432
Published Date: Jul 2024
Report Format: PDF

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Gasoline Powered Portable Inverter Generator Market Trends

The industry will experience notable growth on account of offering cleaner and more stable power suitable for sensitive electronics. Ongoing impact of natural disasters comprising of wildfires, floods, and hurricanes in line with integration of smart features including connectivity with mobile apps, automatic start/stop, and remote monitoring will encourage the product adoption. In addition, robust construction activities primarily across developing nations in association with growing need for reliable power supply will foster the demand of portable generators.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

Gasoline powered portable inverter generator industry was valued USD 4.5 billion in 2023 and will grow at 4.9% CAGR between 2024 and 2032, attributed to increasing demand for reliable power backup solutions during emergencies and outdoor activities.

The residential market will witness 4.5% CAGR through 2032, fueled by increasing power outage occurrences and the growing need for reliable backup power at homes.

North America gasoline powered portable inverter generator industry will surpass USD 2 billion by 2032, driven by robust infrastructure and the rising consumer preference for portable power solutions

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