Residential Portable Inverter Generator Market Size

Residential Portable Inverter Generator Market size is assessed at USD 2.9 billion in 2024 and is expected to cross USD 5.8 billion by the end of 2037, registering more than 5.5% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of residential portable inverter generator is estimated at USD 3 billion.

The increasing demand for reliable backup solutions in homes due to alarming extreme weather events and an aging electrical infrastructure will drive the residential portable inverter generator market. Such extreme changes have accelerated the need for residential backup power, thus opening opportunities for residential portable inverter generators in the market. Players in the market are tapping into this opportunity to develop advanced products. For example, in July 2021, Yamaha released its EF2200iS Inverter Generator, featuring CO sensor technology that further makes it an even safer experience for homes. 

Technological advancements and government initiatives are some of the major demand propellers of residential portable inverter generators. Government efforts, such as incentivizing preparedness in case of emergencies, also drive market growth since more homeowners have begun to rely on these portable solutions. For instance, in April 2023, the Consumer Product Safety Commission (CPSC) proposed new standards that would lessen problems with carbon monoxide emissions from portable generators. This is anticipated to drive innovation in the industry to bring forth more efficient models that reduce fatalities.