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Residential Portable Inverter Generator Market Share

Report ID: GMI10743
Published Date: Aug 2024
Report Format: PDF

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Residential Portable Inverter Generator Market Share

Briggs & Stratton Corporation, a prominent player in the outdoor power equipment industry, specializes in manufacturing, designing, and servicing gasoline engines and generator sets. The company operates through two key segments: Engines and Products. Its diverse product lineup spans power generators, lawn & garden tools, turf care equipment, and job site products. These offerings are branded under well-known names including Briggs & Stratton, Snapper, Simplicity, Ferris, Branco, Billy Goat, Vanguard, Murray, Allmand, and Victa, underscoring the company's emphasis on quality and innovation.

Residential Portable Inverter Generator Market Companies

The key industry players include:

Cummins, Inc.
Kirloskar
Briggs & Stratton
Kohler Co.
Generac Power Systems Inc.
Yamaha Motor Co., Ltd.
Honda India Power Products Ltd.
Caterpillar
Atlas Copco
Wacker Neuson SE
Deere & Company
Champion Power Equipment
DuroMax Power Equipment
Westinghouse Electric Corporation
A-iPower Corp.
WEN Products

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of residential portable inverter generator was crossed USD 2.6 billion in 2023 and is projected to grow at 5.2% CAGR during 2024 to 2032, driven by the rising awareness of the need for dependable backup power.

1 kVA - 2 kVA rated residential portable inverter generator market will exceed USD 1.5 billion by 2032, owing to their reduced noise level and cost-effectiveness.

North America residential portable inverter generator market is set to surpass USD 1.5 billion by 2032, driven by increasing frequency of power outages due to aging infrastructure and harsh weather conditions.

Cummins, Inc, Kirloskar, Briggs & Stratton, Kohler Co, Generac Power Systems Inc, and Yamaha Motor Co., Ltd. among others.