The North America inverter generator market is estimated to grow at a significant CAGR of 4.0% during the forecast period. Several factors are currently driving the growth of the inverter generator market in North America. Inverter generators are economical and efficient substitutes for fuelbased generators. The installation and operation costs are low, making them an ideal choice at homes, businesses, and campsites. The demand for portable generators is increasing across the region due to the growing dependency on interconnected technology systems.
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Further, the North America region has experienced a spike in frequent weather-related power outages due to natural calamities such as heat waves and hurricanes that disrupt power supply to residential and commercial end-users. Climate change is partially responsible for this increase in outages, which will contribute to the growth of inverter generators market in North America.
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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
North America Inverter Generators Industry Market by Fuel Type
- Gas-powered
- Battery-powered
- Propane-powered
- Mixed/Hybrid Fuel
- Solar-powered
North America Inverter Generators Market by Application
- Camping & Recreation
- Emergency Use & Home Standby
- Jobsite & Construction
North America Inverter Generators Market by End-user
- Recreation
- Medium-sized
- Large-sized
Regional Analysis
- The US
- Canada
Company Profiles
- A-IPOWER
- All Power America
- American Honda Motor Co., Inc.
- Briggs & Stratton, LLC.
- Champion Power Equipment
- China National Machinery Industry Corp.
- DuroMax Power Equipment
- ECHO INC.
- Energizer
- FNA GROUP
- Ford Motor Company
- Generac Power Systems, Inc.
- Green-Power America, LLC
- Greenworks Tools
- Hyundai Motor Company
- Lifan Power USA
- Powerbuilt Tools
- Pulsar Products, Inc.
- Stanley Black & Decker, Inc.
- Tomahawk Power
- Westinghouse Electric Corp.
- Whistler Group
- Yamaha Motor Co., Ltd.
The Report Covers
- Comprehensive research methodology of the North America 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 North America inverter generator market.
- Insights about market determinants which are stimulating the North America 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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