The US inverter generator market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. The US is the largest revenue contributor to the global inverter generator market. The inverter generator market in the US is likely to experience substantial growth due to increasing extremity and occurrences of weather-related disasters across the state. The aging electrical infrastructure and deteriorating grid resiliency is likely to drive the growth of the inverter generator market during the forecast period. The US electrical infrastructure requires increasing investments as structures and systems were laid in the 1970s and are prone to regular and erratic power failures. Over 70% of electrical outages in the US are caused due to weather-related events. Natural disasters including hurricanes, windstorms, floods, tsunamis, and earthquakes annihilate the critical power infrastructure resulting in prolonged power outages, resulting in an increased need for inverter generators in the country.
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The increasing need for constant and reliable electricity supply, together with growing consumer dependency on backup power solutions during unpredictable power outages will propel the inverter generator market growth. Quick start-up, competitive prices, operational reliability, and sturdiness are vital features reinforcing the merchandise demand.
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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
US Inverter Generators Industry Market by Fuel Type
- Gas-powered
- Battery-powered
- Propane-powered
- Mixed/Hybrid Fuel
- Solar-powered
US Inverter Generators Market by Application
- Camping & Recreation
- Emergency Use & Home Standby
- Jobsite & Construction
US Inverter Generators Market by End-user
- Recreation
- Medium-sized
- Large-sized
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 US 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 US inverter generator market.
- Insights about market determinants which are stimulating the US 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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