According to the industry analysis report titled ‘Portable Inverter Generators Market Size By Power Rating (1 kVA, 1 kVA - 2 kVA, > 2 kVA - 3 kVA, > 3 kVA - 4 kVA, > 4 kVA), By Power Source (Diesel, Gasoline), By Application (Residential, Outdoor Sports, Construction), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 - 2028, available with MarketStudyReport, the global portable inverter generators market is poised to amass commendable gains by 2028.

Rising popularity of renewable energy sources coupled with the growing utilization of fossil fuel-based energy generation methods are some of the major factors driving the growth of the global portable inverter generators market.

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The market has been bifurcated on the basis of power source, application scope, power rating, and regional landscape.

Based on power ratings, the market is further categorized into > 4 kVA, > 2 kVA - 3 kVA, > 3 kVA - 4 kVA, 1 kVA, and 1 kVA - 2 kVA. The > 2 kVA - 3 kVA segment is estimated to showcase substantial growth during the study period, owing to rising consumer dependency on electricity backup technologies.

Meanwhile, the > 3 kVA - 4 kVA segment is also projected to see notable growth owing to key product features like lightweight, operational suitability, and compactness.

Moving on to power source, the industry is segregated into diesel-powered inverter generators and gasoline-powered inverter generators. Global portable inverter generators industry size from the diesel segment is estimated to witness substantial growth through 2028, primarily attributed to the rising demand for small and less power generator sets.

Based on the application terrain, the market is divided in terms of residential, outdoor sports, and construction. Among these, the outdoor sports application segment is likely to showcase 8.2% CAGR through 2028.

From a regional viewpoint, Africa is estimated to create a robust revenue stream for global portable inverter generators industry contenders in the ensuing years, owing to its aging electricity grid infrastructure and the deteriorating grid resiliency.

Meanwhile, Latin America market is also expected to showcase a considerable growth through the forecast timeframe attributed to the escalating construction activities of commercial and residential establishments.

The competitive framework of this business sphere is influenced by major players such as Himoinsa S.L., Mitsubishi Heavy Industries Ltd., A-iPower Corp., WEN Products, The Westinghouse Electric Corporation, FIRMAN Power Equipment, DuroMax Power Equipment, Champion Power Equipment, Deere & Company, Wacker Neuson SE, Honeywell International Inc., Atlas Copco, Caterpillar Inc., Honda Motor Company Ltd., Yamaha Motor Co., Ltd., Generac Holdings Inc., Kohler Co., Briggs & Stratton Corporation, Kirloskar Oil Engines Limited, and Cummins Inc.