Europe Portable Inverter Generators Market Size - By Power Rating, By Power Source (Diesel, Gasoline), By Application (Residential, Outdoor Sports, Construction) & Forecast, 2024 – 2032
Report ID: GMI8883
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Published Date: April 2024
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Report Format: PDF
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Base Year: 2023
Companies covered: 18
Tables & Figures: 125
Countries covered: 7
Pages: 280
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Europe Portable Inverter Generators Market
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Europe Portable Inverter Generators Market Size
Europe Portable Inverter Generators Market size was valued at USD 1.28 billion in 2023 and is estimated to grow at a rate of 3.9% between 2024 and 2032. Increasing intensity & frequency of weather-related outages coupled with shifting focus toward clean and stable electrical power will drive the industry outlook. For instance, in 2022, the UK experienced total electricity distribution losses of 24.6 TWh.
Portable inverter generators sets are compact and lightweight power solutions designed for portability and versatility. Leveraging inverter technology, these generators produce high-quality, stable electrical power, making them ideal for various applications. Their portability, often facilitated by built-in handles or wheels, makes them suitable for camping, outdoor events, and as backup power sources at home.
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.
Europe Portable Inverter Generators Market Analysis
The > 2 kVA - 3 kVA portable inverter generators industry will surpass USD 350 million by 2032. These systems serve a broad spectrum of purposes, spanning from household to medium-duty commercial applications, construction sites and recreational activities. Increased infrastructure spending has spurred a surge in industrial sector, consequently driving demand for these generator sets.
The Europe portable inverter generators market from gasoline generators segment size will witness growth rate of over 3.5% through 2032. The capacity of these systems to effectively meet the energy needs of consumers, particularly in residential settings, will contribute to industry growth. The product offers key advantages including lightweight design, operational convenience and compactness, stimulating the business outlook. Furthermore, these units have undergone a notable evolution, shifting from being merely supplementary power sources to becoming essential across a diverse array of applications, which in turn will offer significant opportunities for industry expansion.
The Germany portable inverter generators market is set to reach over USD 250 million by 2032. Implementation of environmental and emission regulations including the upcoming implementation of the EU Stage V limits will augment the business growth. Flourishing real estate sector along with increasing investment toward the development of commercial establishments will escalate the product deployment. Moreover, the aging grid infrastructure, in line with declining grid resilience will energize the industry scenario.
Europe Portable Inverter Generators Market Share
Honda Motor Co. is one of the renowned multinational corporations primarily known for its automobiles, motorcycles, and power equipment, including portable generators. The company offers a diverse range of portable generators designed for various applications, including residential, commercial, and industrial use. These generators come in different sizes, power capacities, and features to cater to different customer needs.
Europe Portable Inverter Generators Market Companies
The key industry players include:
Europe Portable Inverter Generators Industry News
The Europe portable inverter generators market research report includes in-depth coverage of the industry with estimates & forecast in terms of “000 Units” & “USD Million” from 2019 to 2032, for the following segments:
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Market, By Power Rating
Market, By Power Source
Market, By Application
The above information has been provided for the following countries: