Proliferation of Electronics into Consumer Lifestyle Coupled with the Rising Trend for Camping is Concreting the Way for European Inverter Generators Market

The European inverter generator market is estimated to record a CAGR of 4.2% during the forecast period (2020-2026). The steady proliferation of electronics into the consumer lifestyle of Europeans is bringing a revolution into the inverter generator industry as people need continuous power supply to charge their electronic devices. In Europe, camping has also found its way into the live music culture. Majority of music festivals are located on grounds/hills, far away from urban settings and necessitates the use of temporary shelters. With the increase in music festivals across Europe, the demand for inverter generators is expected to increase in sync. 

Browse the full report description European Inverter Generators Market Size, Share & Trends Analysis Report by Fuel Type (Gas-powered, Battery-powered, Propane-powered, Mixed/Hybrid Fuel, and Solar-powered), by Application (Camping & Recreation, Emergency Use & Home Standby, and Jobsite & Construction), and by Size Type (Recreation, Medium-sized, and Large-sized) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/europe-inverter-generators-market

Outdoor learning has also increased the demand for camping equipment including invertor generators. In Europe, digital revolution has affected creativity, empathy, and innovation in kids. Outdoor learning is thus catching up and parents in Europe are sending their kids to nature schools. This is particularly popular in countries such as Scotland, Denmark, and Scandinavia where the schools have gained the support of local councils. These trends and efforts are driving up the commercial sales of camping equipment including invertor generators.

Furthermore, the business cycle of camping is seasonal. Vendors witness surge in revenue during seasonal months that eventually tapers off during the rest of the year. The search volume for camping equipment including invertor generator peaks during July and August. For instance, western Europe has, in recent times, witnessed severe and unusual rainfall. Increasingly unpredictable rains, snowfall, and extreme heat decreases the sale of invertor generators for camping activities. However, uncertain seasonal changes in the region causes power outages which, in turn, has increased the sale of invertor generators for residential and industrial use.

Market Coverage

• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segments Covered- by Fuel Type, Application, and Size Type
• Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
• Competitive Landscape- Briggs & Stratton, LLC.; Champion Power Equipment; Honda Motor Co., Ltd.; Stanley Black & Decker, Inc.; and Westinghouse Electric Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European 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

European inverter generator Market Report Segment

• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe