Climate Changes Coupled with Rise in the Number of Tailgating Activities to Provide a Substantial Boost to the North American Inverter Generators Market

North America inverter generator is estimated to display a rapid CAGR of 4.0% during the forecast period (2021-2027). The North America, majorly US electrical system is one of the foremost critical infrastructure components in the region. It distributes electricity to homes, businesses, transportation facilities, and industries. It is a vast interconnected grid that people depend upon for their daily activities. Climate change is responsible for bringing phenomenal extremity in weather conditions across North America. Colossal rains, snowstorms, and unbearable heat waves have increased in occurrence and severity. The North American region has experienced a spike in frequent weather-related power outages due to natural calamities such as heat waves and hurricanes that disrupt power supply to residential and commercial end-users. Increase in such calamities will result in an increased demand for inverter generators in the region.

Browse the full report description North American 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 (2021-2027) at https://www.omrglobal.com/industry-reports/north-american-inverter-generators-market

Further, invertor generators are highly used during tailgating activities. North America is the largest market for tailgating activities. For instance, around 50 million people tailgate annually in North America. In this region, college and professional football tournaments are considered to be the major tailgating events. In addition, easy availability of fuel in North America is one of the key growth factors of the inverter generator market in the region. Stringent environmental regulations to limit carbon emissions are a major factor restraining the market growth. Inverter generators are subjected to federal, state, and native regulations to monitor their emission performance. Environmental agencies such as the, the US Environmental Protection Agency (EPA) and the European Environmental Agency regulate the quantity of carbon emitted into the atmosphere by generators. Every manufacturer, importer, and assembler of inverter generators must possess an approval certificate for every generator in the region.

Market Coverage

• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segments Covered- by Product, Application, and End-user
• Countries Covered- US and Canada
• Competitive Landscape- Briggs & Stratton, LLC.; Champion Power Equipment; Generac Power Systems, Inc.; 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 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?

North America 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

North America Inverter Generator Market Report Segment

• US
• Canada