Diesel Fired Portable Inverter Generator Market size is evaluated at USD 54.3 million in 2024 and is projected to cross USD 83.1 million by the end of 2037, registering more than 3.6% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of diesel fired portable inverter generator is assessed at USD 56.3 million. A portable diesel fired inverter generator is a power solution that has greatly improved to fit mobility, durability, and guaranteed electricity. The growth of the market is stimulated by the higher demand for reliable power solutions in off-grid and remote areas, especially in the constructional region and regions prone to frequent disasters.
In addition, increased awareness of energy efficiency and reduced emissions in diesel engines, with strict government regulations on emissions are pushing technological advancements in generators. For instance, in April 2024, Cummins Power Generation introduced two new models of generator sets as a continuation of their acclaimed Centum Series, which is powered by Cummins Inc.'s durable QSK78 engine. The product ensures power density, sustainability, low emissions, and guaranteed dependability. Furthermore, the increasing adoption of renewable energy sources in hybrid power systems continues to propel the diesel fired portable inverter generator market along the growth trajectory.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
3.6% |
Base Year Market Size (2024) |
USD 54.3 million |
Forecast Year Market Size (2037) |
USD 83.1 million |
Regional Scope |
|
Power Ratings (< 1 kVA, 1 kVA - 2 kVA, > 2 kVA - 3 kVA, > 3 kVA - 4 kVA, > 4 kVA)
1KVA-2KVA segment is projected to hold diesel fired portable inverter generator market share of more than 43.1% by 2037, owing to its wide use in residential and small commercial applications where reliability and portability are a cause for significant preference. With the growing rate of blackout occurrences and the ever-increasing trend of off-grid living and outdoor recreation, consumers always prefer these units as perfect for RVs and sensitive electronic devices. Since 1KVA - 2KVA generators are affordable, these units are attractive both in terms of performance and cost. The 1KVA-2KVA segment will witness a significant surge concerning versatility, affordability, and rising applications by various industries.
In May 2023, The GP18000EFI and GP15500EFI portable generators from Generac Power Systems are part of the GP series, which offers backup power for the entire home via a manual transfer switch. It is a dependable portable power source for high-wattage worksite needs, do-it-yourself projects, and emergency home backup. In addition, by ensuring optimal fuel efficiency across a range of engine speeds and load demands, these two models contribute to the reduction of emissions and fuel consumption. Furthermore, it has COsense technology helps to automatically turn the unit off in case of high carbon monoxide emissions.
Application (Residential, Outdoor Sports, Construction)
Based on application, the residential segment will dominate the diesel fired portable inverter generator market attributable to the ever-increasing demand for energy combined with the growing concerns associated with power outages. Also, a growing requirement for backup power solutions by residential users increases the demand. As people tend to install more smart home technologies and are becoming reliant on electronic devices, the need for stable and uninterrupted power supply becomes critical. Furthermore, the extended duration of these generators over gasoline alternatives is making homeowners choose them more frequently thus, the global commercial potential is further encouraged by rising disposable incomes, which enable homes to invest in superior power solutions.
Our in-depth analysis of the global diesel fired portable inverter generator market includes the following segments:
Power Rating |
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Application |
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North America Market Statistics
North America diesel fired portable inverter generator market is set to hold revenue share of more than 36% by 2037, due to some crucial factors attributable to the rise in construction, agriculture, and applications requiring a power source in case of emergencies. The proliferation of outdoor recreational activities along with increased occurrences of natural disasters has dictated a significant surge in the need for a portable source of power also leading to fueling market growth in this region. Infrastructural development and renewable energy projects are high in creating a need for diesel generators as a backup power source. For instance, Cummins Inc. has introduced Onan QG 2800i and 2500i and made significant advancements over the sets these generators have 60.6% less vibration and are 62.7% quieter.
The cold climate of Canada creates a constant demand for portable generators during stormy winters and blackouts. Increasing demand for outdoor recreation activities such as camping and construction projects that require transportable power also fuels the demand. For instance, in July 2023, owing to possible fire and burn risks, Health Canada issued a recall for two Generac portable generator models. Off-grid living and the general pursuit of sustainable energy solutions further projected the adoption of the diesel-fired inverter generator in the diesel fired portable inverter generator market.
The industry for diesel-fired portable inverter generators in the U.S. is expanding significantly due to increased emphasis on environmental compliance and emergency preparedness. Product adoption will be increased by the rapid paradigm shift, residential building expansion, and incorporation of cutting-edge features such as digital displays and their effortless mechanisms. Additionally, there is a growing need for portable units in commercial and industrial settings, such as remote job sites, event venues, and construction sites which will have a positive effect on business growth.
Asia Pacific Market Analysis
Asia Pacific is likely to experience lucrative growth in the foreseeable future owing to the growth in the economy and urbanization with rising energy demands mainly in remote areas with no reliable electricity source. The growing demand for portable power solutions coupled with the evolving of SMEs helps businesses to operate independently when the main supply is hindered by outages. In addition, natural disasters and climatic change have raised awareness of alternative power supplies. Furthermore, government incentives promoting clean energy and sustainable practices are motivating demand for high standards of emissions-compliant diesel generators driving diesel fired portable inverter generator market growth.
India remains plagued by the lack of electricity supply throughout the rural and semi-urban regions, where regular power cuts have been a regular phenomenon. Moreover, the increasing number of infrastructure projects and fast-developing industries such as construction and telecommunication are demanding portable generators at work sites. Lastly, an increased demand for generators that abide by new emissions standards will contribute to diesel fired portable inverter generator market growth. For example, in February 2023, the Supreme Court-appointed Commission for Air Quality Management (CAQM) to ensure the use of diesel generator sets with a maximum capacity of 800 kW in the Delhi, NCR if they switch to a dual fuel system up to 70% gas and 30% diesel.
China is emerging to unfold significant opportunities with its fast industrialization and urbanization pace. The rapid upgrade of infrastructure and manufacturing investments have resulted in an increased demand for a stable electricity supply. In addition, the growing frequency of natural catastrophes has prompted businesses and households to seek alternative sources of power. Technological improvements in generator efficiency and noise reduction have also increased their penetration. Moreover, government regulations support sources that are emission-friendly and abide by stricter norms.
Several major companies shape the market with their innovation and competitiveness. A great amount of significant research and development is undertaken by manufacturers to improve fuel efficiency, reduce emission rates, and even enhance overall performance in response to increasing regulatory pressures and consumer demands for cleaner technology. For instance, in April 2024, with the release of the KD800 model, Kohler Power System increases the number of industrial generators in its KD SeriesTM lineup for 50 Hz markets. This generator has a state-of-the-art engine (KD18L06) that runs on hydrotreated vegetable oil (HVO), a renewable fuel source.
Companies are also broadening their distribution networks and enhancing customer service operations to capture the growing demand in emerging markets. Cooperation with local manufacturers helps also in tailoring products to better suit regional needs, further deepening market penetration. Furthermore, striving for innovations and the development of new models with streamlining fuel-efficiency, cost-effectiveness, and portability features. Some of the key companies are
Author Credits: Dhruv Bhatia
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