The European inverter generator market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. Increasing awareness on the importance of physical activities to maintain a healthy lifestyle is increasing people’s participation in camping and other recreational activities. As per the EU, in 2018, nature tourism and outdoor sports segments grew by 8% in Europe and the transport budget increased by over 2.5%. In addition, people opting for early retirement is growing and the geriatric population inclined to participate in outdoor activities are important variables, which are projected to fuel European inverter generators market growth over the next few years.

On an average, campers spend 5 days in countries such as Germany, Italy, Spain, and France. The Netherlands and the UK attract young professionals, backpackers, and families with children aged above 8. However, hectic lifestyles result in shorter holidays, which, in turn, is expected to affect the growth of the recreation segment during the forecast period.

The European inverter generator market is segmented based on fuel type, application, and size type. Based on the fuel type, the inverter generator market is segmented into gas-powered, battery-powered, propane-powered, mixed/hybrid fuel, and solar-powered. Based on application, the market is classified into camping & recreation, emergency use & home standby, and jobsite & construction. Based on size type, the market is segmented into recreation, medium-sized, and large-sized. The recreation size type segment is estimated to be the largest one, during the forecast period, recording a growth rate just over 5.0%.

Country-wise, the market is analyzed based on the UK, Germany, France, Italy, Spain, and Rest of Europe. UK is expected to be the largest market for inverter generators in Europe. Though, camping was banned in the UK since March 2020 as part of the COVID-19 lockdown that adversely impacted the inverter generator market. However, from July 2020, the government has lifted the ban on camping and other recreational activities. People can now engage in outdoor activities by following the social distancing norms. Despite the unpredictable weather, camping in the UK remains popular and in 2019, more than 5 million camping and caravanning trips were taken. Despite the economic crisis, more and more people may turn to camping as a safer holiday option, making it much more popular in the future years. Further, increase in camping, caravanning, and participating in other recreational activities is expected to increase the demand for inverter generators among households as well as small businesses that are around those sites, thereby boosting the market growth for inverter generators during the forecast period.

Research Methodology

The market study of the European inverter generator market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. European Inverter Generator Market Research and Analysis by Fuel Type
2. European Inverter Generator Market Research and Analysis by Application
3. European Inverter Generator Market Research and Analysis by Size Type

The Report Covers

• Comprehensive research methodology of the European inverter generator market.
• This report also includes a detailed and extensive market overview with the key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European inverter generator market.
• Insights about market determinants which are stimulating the European inverter generator market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.