Diesel Fired Portable Inverter Generator Market Share

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.