Power Rating (< 1 kVA, 1 kVA - 2 kVA, > 2 kVA - 3 kVA, > 3 kVA - 4 kVA, > 4 kVA),
1 kVA - 2 kVA segment is set to capture around 37.2% residential portable inverter generator market share by the end of 2037 as 1 kVA - 2 kVA rating power offers a better balance between power output and portability and is thus greatly suitable for residential areas. Compact and lightweight models are finding more interest among homeowners in supplying power for their main appliances during outages. For example, in May 2023, Generac launched GP15500EFI and GP18000EFI in May 2023 with sophisticated electronic fuel injection, or EFI, for better fuel economy and fewer emissions. These new portable generators can be used for residential and commercial purposes.
Power Source (Gasoline, Diesel, Others)
By 2037, gasoline segment is expected to hold more than 95% residential portable inverter generator market share owing to easy availability and affordability. Such generators witness extensive application in emergency cases wherein fuel accessibility holds an important place. Companies are launching innovative portable inverter generators, which can run on either gasoline or propane, depending upon the user's choice for adaptability, whether at home or outdoors during power loss or camping.
Our in-depth analysis of the residential portable inverter generator market includes the following segments
Power Rating |
|
Power Source |
|
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?