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.
Author Credits: Dhruv Bhatia
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?