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Portable Inverter Generator Market Share
The market is highly competitive with established brands and emerging players alike competing to capture market share in a rapidly changing environment. Leading companies are focusing on technological advancements, developing compact, fuel-efficient generators that offer quiet operation and enhanced user safety.
The growth is being driven by the rising demand for reliable, eco-friendly power solutions across residential, commercial, and recreational sectors, as well as the increasing need for lightweight and portable options for outdoor activities and emergency backup. Additionally, growing awareness around emission standards and the desire for versatile, low-maintenance generators are fueling the adoption of inverter technology in various applications.
Portable Inverter Generator Market Companies
Major players operating in the portable inverter generator industry are:
- A-iPower
- Atlas Copco
- Briggs & Stratton
- Caterpillar
- Champion Power Equipment
- Cummins
- Deere & Company
- DuroMax Power Equipment
- Generac Power Systems
- Himoinsa
- Honda Motor
- Kirloskar
- Kohler
- Mitsubishi Heavy Industries
- Wacker Neuson
- WEN Products
- Westinghouse Electric Corporation
- Yamaha Motor
What is the growth rate of the portable inverter generator industry in the construction segment?
The construction segment is anticipated to grow at a CAGR of over 5% through 2034, supported by their reliable energy supply for essential tools and equipment.
How big is the portable inverter generator market?
The market size of portable inverter generator reached USD 4.9 billion in 2024 and is estimated to grow at a 5% CAGR from 2025 to 2034, driven by their affordability and versatile functionality.
Who are the major players in the portable inverter generator industry?
The key players in the industry include A-iPower, Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Deere & Company, DuroMax Power Equipment, Generac Power Systems, Himoinsa, Honda Motor, Kirloskar, Kohler and Yamaha Motor.
How much is the U.S. portable inverter generator market worth?
The U.S. market is projected to surpass USD 2.5 billion by 2034, led by the increasing frequency of extreme weather events and advancements in technology.