Diesel Fired Portable Inverter Generator Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Market Report I 2024-08-22 I 100 Pages I Global Market Insights
The diesel fired portable inverter generator market was valued at USD 52.3 million in 2023 and is expected to grow at a CAGR of 3.8% by 2032. The rising demand for reliable power systems, coupled with the increasing popularity of outdoor activities, is boosting market growth. Continuous technological advancements and improvements in the performance and efficiency of inverter generators will drive industry expansion. Additionally, the growing need for eco-friendly and low-emission technologies, along with stricter emission regulations, is supporting the market's upward trajectory.
A diesel fired portable inverter generator is a compact, portable power generation device that utilizes diesel fuel to generate electricity. It incorporates inverter technology to deliver clean and stable power output. The increasing number of power outages and the unreliable grid supply are pushing the demand for temporary power backup solutions, further stimulating the adoption of portable inverter generators. These units also gain traction due to their environmental benefits, such as lower emissions and fuel efficiency.
The overall diesel fired portable inverter generator industry is classified based on Power Rating, Application, and Region.
The market for 1 kVA - 2 kVA rated diesel fired portable inverter generators is projected to surpass USD 30 million by 2032. These units are becoming popular due to their compliance with stringent noise regulations and environmental concerns. Additionally, advancements in ergonomic designs, easy-start mechanisms, and digital displays enhance their usability. Their lightweight and compact design makes them ideal for a wide range of applications, including recreational activities, remote work sites, off-grid locations, and small business operations.
The residential diesel fired portable inverter generator market is expected to grow by over 3.5% by 2032. Increasing urbanization, frequent power surges caused by severe weather events, and grid instability drive demand. Homeowners are choosing diesel-fired inverter generators for their longer run times compared to gasoline alternatives. As disposable incomes rise, more homeowners are investing in reliable, high-quality power solutions, further supporting the growth of this market.
In North America, the diesel fired portable inverter generator market is expected to exceed USD 25 million by 2032. The region is witnessing growth due to extreme weather conditions and the increasing demand for reliable power solutions. The popularity of RV travel, off-grid living, and outdoor recreational activities is further fueling demand. Additionally, the rising awareness about backup power solutions, along with the proliferation of smart home systems and sensitive electronic devices, is propelling market growth.
Report Content
Chapter 1 Methodology and Scope
1.1 Market scope and definitions
1.2 Market estimates and forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Industry 360synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls and challenges
3.4 Growth potential analysis
3.5 Porter's analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of new entrants
3.5.4 Threat of substitutes
3.6 PESTEL Analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Strategic outlook
4.3 Innovation and sustainability landscape
Chapter 5 Market Size and Forecast, By Power Rating (USD Million and '000 Units)
5.1 Key trends
5.2 < 1 kVA
5.3 1 kVA - 2 kVA
5.4 > 2 kVA - 3 kVA
5.5 > 3 kVA - 4 kVA
5.6 > 4 kVA
Chapter 6 Market Size and Forecast, By Application (USD Million and '000 Units)
6.1 Key trends
6.2 Residential
6.3 Outdoor sports
6.4 Construction
6.5 Others
Chapter 7 Market Size and Forecast, By Region (USD Million and '000 Units)
7.1 Key trends
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Russia
7.3.2 UK
7.3.3 Germany
7.3.4 France
7.3.5 Spain
7.3.6 Austria
7.3.7 Italy
7.4 Asia Pacific
7.4.1 China
7.4.2 Australia
7.4.3 India
7.4.4 Japan
7.4.5 South Korea
7.4.6 Indonesia
7.4.7 Malaysia
7.4.8 Thailand
7.4.9 Vietnam
7.4.10 Philippines
7.4.11 Singapore
7.5 Middle East
7.5.1 Saudi Arabia
7.5.2 UAE
7.5.3 Qatar
7.5.4 Turkiye
7.5.5 Iran
7.5.6 Oman
7.6 Africa
7.6.1 Egypt
7.6.2 Nigeria
7.6.3 Algeria
7.6.4 South Africa
7.6.5 Mozambique
7.7 Latin America
7.7.1 Brazil
7.7.2 Mexico
7.7.3 Argentina
7.7.4 Chile
Chapter 8 Company Profiles
8.1 Atlas Copco
8.2 Cummins, Inc.
8.3 Generac Power Systems, Inc.
8.4 HIMOINSA
8.5 Honda Power Products Indonesia
8.6 Hyundai Power Products
8.7 KOHLER
8.8 Powerac
8.9 TAIZHOU POWERWORK Industrial Co., Ltd.
8.10 WINCO
8.11 Yamaha Motor Co., Ltd.
8.12 YANMAR Holdings Co., Ltd.
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