US Inverter Generators Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

The US inverter generators market is estimated to exhibit a sturdy CAGR of 4.2% during the forecast period (2021-2027). The need for constant and reliable electricity supply in the US is increasing at a rapid pace. In addition, the consumer dependency on backup power solutions during power outages is increasing which is resulting in an increased demand for inverter generators in the country. Increase in population engaged in sports and exercises is also one the factors propelling the demand for inverter generators. They are used to operate exercise machines in gyms and sports facilities. The US has more than 30,000 gyms. The increase in number of gyms is expected to spike the demand for inverter generators as every exercise machine comes equipped with a generator. The US inverter generator market is witnessing growth due to increasing outdoor sports and recreational activities. Outdoor activities within the US have increased as people want to exercise more, spend time with their friends and families, keep themselves physically and mentally fit, and experience adventure and solitude.

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Further, The US housing industry is witnessing growth due to strong economic conditions, significant job opportunities, and increased initiatives by government bodies to overhaul the housing industry. A strong market position and favorable business environment are boosting the infrastructure and housing construction segments. Moreover, the growth in renewable power projects is boosting the development of infrastructure and industrial building sectors. The US government is likely to increase the infrastructure spend as the administration has unveiled an infrastructure plan valued at US$ 1.5 trillion, thereby increasing the revenues and profits of housing industry players. Thus, the rise in construction activities and increased spending have accelerated the demand for portable power, which, in turn, is expected to boost the growth of the inverter generator market across the country.

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US Inverter Generator Market Report Segment
By Fuel Type
• Gas-powered
• Battery-powered
• Propane-powered
• Mixed/Hybrid Fuel
• Solar-powered

By Application
• Camping & Recreation
• Emergency Use & Home Standby
• Jobsite & Construction

By Size Type
• Recreation
• Medium-sized
• Large-sized

Company Profiles
• A-IPOWER
• All Power America
• American Honda Motor Co., Inc.
• Briggs & Stratton, LLC.
• Champion Power Equipment
• China National Machinery Industry Corp.
• DuroMax Power Equipment
• ECHO INC.
• Energizer
• FNA GROUP

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