The major participants operating across the portable inverter generators market include:
Cummins, Inc.
Kirloskar
WEN Products
Briggs & Stratton
Kohler Co.
Yamaha Motor Co Ltd
Generac Power Systems
Honda Motor Co., Ltd.
Caterpillar
Atlas Copco
Wacker Neuson
Champion Power Equipment
DuroMax Power Equipment
Westinghouse Electric Corporation
A-iPower
Deere & Company
Mitsubishi Heavy Industries
HIMOINSA
Authors:
Ankit Gupta, Shubham Chaudhary
Frequently Asked Questions (FAQ) :
The market size of portable inverter generators was reached USD 4.6 billion in 2023 and is estimated to exceed USD 7.1 billion by 2032, driven by higher application scope in households, light-duty commercial applications, construction sites, and recreational activities.
Portable inverter generators industry share from the gasoline power source segment is expected to witness 4.9% CAGR from 2023-2032, owing to the surging need of eliminating frequent trips to local gas stations.
North America market size will surpass USD 2.5 billion by 2032, due to the increasing demand for continuous & reliable power in the region
The construction application segment exceeded USD 500 million in 2022, driven by rising penetration in shops, retail outlets, and construction sites.