The European inverter generator market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. Increasing awareness on the importance of physical activities to maintain a healthy lifestyle is increasing people’s participation in camping and other recreational activities. As per the EU, in 2018, nature tourism and outdoor sports segments grew by 8% in Europe and the transport budget increased by over 2.5%. In addition, people opting for early retirement is growing and the geriatric population inclined to participate in outdoor activities are important variables, which are projected to fuel European inverter generators market growth over the next few years.
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On an average, campers spend 5 days in countries such as Germany, Italy, Spain, and France. The Netherlands and the UK attract young professionals, backpackers, and families with children aged above 8. However, hectic lifestyles result in shorter holidays, which, in turn, is expected to affect the growth of the recreation segment during the forecast period.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
European Inverter Generators Industry Market by Fuel Type
- Gas-powered
- Battery-powered
- Propane-powered
- Mixed/Hybrid Fuel
- Solar-powered
European Inverter Generators Market by Application
- Camping & Recreation
- Emergency Use & Home Standby
- Jobsite & Construction
European Inverter Generators Market by End-user
- Recreation
- Medium-sized
- Large-sized
Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
- Rest of European
Company Profiles
- Briggs & Stratton, LLC.
- Champion Power Equipment
- China National Machinery Industry Corp.
- Energizer
- Ford Motor Company
- Generac Power Systems, Inc.
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Stanley Black & Decker, Inc.
- Westinghouse Electric Corp.
- Yamaha Motor Co., Ltd.
The Report Covers
- Comprehensive research methodology of the European inverter generator market.
- This report also includes a detailed and extensive market overview with the key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European inverter generator market.
- Insights about market determinants which are stimulating the European inverter generator market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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