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Portable Power Inverter Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Phase, Output Voltage, Application, Power

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    Report

  • 163 Pages
  • March 2022
  • Region: Global
  • The Insight Partners
  • ID: 5576278

Portable Power Inverter Market is expected to reach US$ 2,206.57 million by 2028

According to this new research study, titled “Portable Power Inverter Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Phase, Application, Power, Output Voltage and Geography,” the market is projected to reach US$ 2,206.57 million by 2028 from US$ 1,359.21 million in 2021. It is expected to grow at a CAGR of 7.2% from 2021 to 2028.



Portable power inverters are used in a wide range of automotive and manufacturing industries. They are powered by plugging into a socket, using a fuse panel, or directly connecting to the battery terminals. The rising penetration of electric vehicles, increasing commercial usage of recreational vehicles, the surging adoption of solar power, and the growing number of government initiatives to reduce the emission of Greenhouse Gas (GHG) are driving the portable power inverter market.

The portable power inverter market in European countries is growing at a decent rate year over year. The key reason behind the growth of the portable power inverter market is the presence of a large number of manufacturers of portable power inverters across the region. The portable power inverter market players present in Europe enjoy contracts for supplying their products to various end-users ranging from commercial end-users to industrial end-users. However, the residential sector accounts for the majority of the procurement of portable power inverters in the region. Nonetheless, the growth rate of commercial and industrial sectors in countries such as Russia, Italy, the UK, and Germany is expected to be the key catalyzer for the portable power inverter market during the forecast period.

The rising concerns about global warming and increasing measures to minimize dependency on fossil fuels are also leading to increased uptake of solar energy. According to the International Energy Agency (IEA) estimates, solar energy generation capacity is expected to reach 3,300 TWh by 2030. Several countries, including Italy, India, and Germany, are attempting to build large solar power-producing facilities to harness solar energy. The demand for solar inverters is increasing due to the surge in the application of large-scale devices that store solar energy for later use. These factors are expected to offer lucrative opportunities to portable power inverter market players during the forecast period.

The COVID-19 outbreak resulted in the shutdown of the manufacturing of several electronics products and services, including portable power inverters. The pandemic had a negative impact on a number of industries, including electronics & semiconductors. Trade obstacles further hampered the outlook for demand and supply. The overall production process was significantly disrupted as governments in many countries announced a complete lockdown and a temporary industry shutdown in 2020.COVID-19 drastically affected the consumers and the economy. Electronic manufacturing hubs were temporarily shut down to minimize the spread of COVID-19 among persons. This has significantly impacted the semiconductor supply chain, resulting in a shortage of materials, components, and finished goods.

The portable power inverter market is assessed on the basis of power, output voltage, power, application, and geography. Based on power, the portable power inverter market is segmented into single-phase and three-phase. Based on output voltage, the portable power inverter market is categorized into up to 240 Volts and above 240 Volts. By application, the portable power inverter market is segmented into residential, industrial, and commercial. Based on power, the portable power inverter market is divided into 1000W to 2500W and 2500W to 5000W. In terms of geography, the portable power inverter market is primarily segregated into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America.

A few key players in the portable power inverter market are Omron GmbH; Growatt New Energy Technology Co., Ltd.; KISAE Technology Inc.; Cobra Electronics; Energizer Holding Inc.; Ring Automotive Limited; Eaton; COTEK; Rally Manufacturing; EXCELTECH. These companies are focusing on various strategic initiatives to create a noteworthy business model. Several other companies are also contributing significantly to the market’s growth.

Asia Pacific is estimated to surface as the prominent regional market in the coming years due to the rise in industrialization and urbanization. Increasing automotive and manufacturing industries in APAC, especially in countries, such as China, India, and Japan, are also expected to give a significant boom to factory automation and industrial control solutions in the portable power inverter market over the forecast period. China and India are the fastest-growing economies in this region. Moreover, the industries in these countries have witnessed some evolutionary changes in the past few decades in terms of its application in manufacturing plants, transport industry, and other critical infrastructural application areas, which are driving the growth of the portable power inverter market in the region.

Key Findings of Study:


In 2020, North America accounted for the largest share in the global market, followed by APAC and Europe. For instance, Delphi Technologies PLC invested in PolyCharge America, Inc. in January 2018 to market a revolutionary capacitor technology. The discovered technology is expected to aid in the construction of high-power inverters that are smaller, lighter, and more resistant to high temperatures in the near future. Thus, the surge in automotive production, with the growing focus on electric vehicles and increasing product development by key market players, is driving the portable power inverter market.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global portable power inverters market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global portable power inverters market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the Global Portable Power Inverter Market

What is the estimated value of the Global Portable Power Inverter Market?

The Global Portable Power Inverter Market was estimated to be valued at $1359.21 Million in 2021.

What is the growth rate of the Global Portable Power Inverter Market?

The growth rate of the Global Portable Power Inverter Market is 7.2%, with an estimated value of $2206.57 Million by 2028.

What is the forecasted size of the Global Portable Power Inverter Market?

The Global Portable Power Inverter Market is estimated to be worth $2206.57 Million by 2028.

Who are the key companies in the Global Portable Power Inverter Market?

Key companies in the Global Portable Power Inverter Market include Cobra Electronics Corporation, Energizer Holdings, Inc., Kisae Technology Inc., Cotek, Rally Manufacturing, Exeltech, Osram GmbH, Ring Automotive Ltd. and Eaton.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Portable Power Inverter Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 APAC - PEST Analysis
4.2.4 MEA - PEST Analysis
4.2.5 SAM - PEST Analysis
4.3 Portable Power Inverter Market - Ecosystem Analysis
4.4 Expert Opinion
5. Portable Power Inverter Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Penetration of Electric Vehicles
5.1.2 Continuous Increase in Demand from Residential Sector
5.2 Market Restraints
5.2.1 Higher Product Cost and Long Life Span
5.3 Market Opportunities
5.3.1 Increasing Adoption of Solar Energy
5.4 Future Trends
5.4.1 Increasing Government Initiatives to Reduce the Emission of Greenhouse Gas (GHG)
5.5 Impact Analysis of Drivers and Restraints
6. Portable Power Inverter Market - Global Market Analysis
6.1 Global Portable Power Inverter Market Overview
6.2 Global Portable Power Inverter Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Portable Power Inverter Market Analysis - By Phase
7.1 Overview
7.2 Portable Power Inverter Market, By Phase (2020 and 2028)
7.3 Single-Phase
7.3.1 Overview
7.3.2 Single-Phase: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Three-Phase
7.4.1 Overview
7.4.2 Three-Phase: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
8. Portable Power Inverter Market Analysis - By Output Voltage
8.1 Overview
8.2 Portable Power Inverter Market, By Output Voltage (2020 and 2028)
8.3 Upto 240 Volts
8.3.1 Upto 240 Volts: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Above 240 Volts
8.4.1 Above 240 Volts: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
9. Portable Power Inverter Market Analysis - By Application
9.1 Overview
9.2 Portable Power Inverter Market, By Application (2020 and 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Industrial
9.5.1 Overview
9.5.2 Industrial: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
10. Portable Power Inverter Market Analysis - By Power
10.1 Overview
10.2 Portable Power Inverter Market, By Power (2020 and 2028)
10.30W to 2500W
10.3.1 Overview
10.3.20W to 2500W: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
10.40W to 5000W
10.4.1 Overview
10.4.20W to 5000W: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11. Portable Power Inverter Market - Geographic Analysis
11.1 Overview
11.2 North America: Portable Power Inverter Market
11.2.1 North America: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: Portable Power Inverter Market, By Phase
11.2.3 North America: Portable Power Inverter Market, By Output Voltage
11.2.4 North America: Portable Power Inverter Market, By Application
11.2.5 North America: Portable Power Inverter Market, By Power
11.2.6 North America: Portable Power Inverter Market, By Country
11.2.6.1 US: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: Portable Power Inverter Market, By Phase
11.2.6.1.2 US: Portable Power Inverter Market, By Output Voltage
11.2.6.1.3 US: Portable Power Inverter Market, By Application
11.2.6.1.4 US: Portable Power Inverter Market, By Power
11.2.6.2 Canada: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: Portable Power Inverter Market, By Phase
11.2.6.2.2 Canada: Portable Power Inverter Market, By Output Voltage
11.2.6.2.3 Canada: Portable Power Inverter Market, By Application
11.2.6.2.4 Canada: Portable Power Inverter Market, By Power
11.2.6.3 Mexico: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: Portable Power Inverter Market, By Phase
11.2.6.3.2 Mexico: Portable Power Inverter Market, By Output Voltage
11.2.6.3.3 Mexico: Portable Power Inverter Market, By Application
11.2.6.3.4 Mexico: Portable Power Inverter Market, By Power
11.3 Europe: Portable Power Inverter Market
11.3.1 Europe: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: Portable Power Inverter Market, By Phase
11.3.3 Europe: Portable Power Inverter Market, By Output Voltage
11.3.4 Europe: Portable Power Inverter Market, By Application
11.3.5 Europe: Portable Power Inverter Market, By Power
11.3.6 Europe: Portable Power Inverter Market, By Country
11.3.6.1 Germany: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: Portable Power Inverter Market, By Phase
11.3.6.1.2 Germany: Portable Power Inverter Market, By Output Voltage
11.3.6.1.3 Germany: Portable Power Inverter Market, By Application
11.3.6.1.4 Germany: Portable Power Inverter Market, By Power
11.3.6.2 France: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 France: Portable Power Inverter Market, By Phase
11.3.6.2.2 France: Portable Power Inverter Market, By Output Voltage
11.3.6.2.3 France: Portable Power Inverter Market, By Application
11.3.6.2.4 France: Portable Power Inverter Market, By Power
11.3.6.3 Italy: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 Italy: Portable Power Inverter Market, By Phase
11.3.6.3.2 Italy: Portable Power Inverter Market, By Output Voltage
11.3.6.3.3 Italy: Portable Power Inverter Market, By Application
11.3.6.3.4 Italy: Portable Power Inverter Market, By Power
11.3.6.4 Russia: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 Russia: Portable Power Inverter Market, By Phase
11.3.6.4.2 Russia: Portable Power Inverter Market, By Output Voltage
11.3.6.4.3 Russia: Portable Power Inverter Market, By Application
11.3.6.4.4 Russia: Portable Power Inverter Market, By Power
11.3.6.5 UK: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 UK: Portable Power Inverter Market, By Phase
11.3.6.5.2 UK: Portable Power Inverter Market, By Output Voltage
11.3.6.5.3 UK: Portable Power Inverter Market, By Application
11.3.6.5.4 UK: Portable Power Inverter Market, By Power
11.3.6.6 Rest of Europe: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: Portable Power Inverter Market, By Phase
11.3.6.6.2 Rest of Europe: Portable Power Inverter Market, By Output Voltage
11.3.6.6.3 Rest of Europe: Portable Power Inverter Market, By Application
11.3.6.6.4 Rest of Europe: Portable Power Inverter Market, By Power
11.4 APAC: Portable Power Inverter Market
11.4.1 APAC: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.4.2 APAC: Portable Power Inverter Market, By Phase
11.4.3 APAC: Portable Power Inverter Market, By Output Voltage
11.4.4 APAC: Portable Power Inverter Market, By Application
11.4.5 APAC: Portable Power Inverter Market, By Power
11.4.6 APAC: Portable Power Inverter Market, By Country
11.4.6.1 Australia: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: Portable Power Inverter Market, By Phase
11.4.6.1.2 Australia: Portable Power Inverter Market, By Output Voltage
11.4.6.1.3 Australia: Portable Power Inverter Market, By Application
11.4.6.1.4 Australia: Portable Power Inverter Market, By Power
11.4.6.2 China: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: Portable Power Inverter Market, By Phase
11.4.6.2.2 China: Portable Power Inverter Market, By Output Voltage
11.4.6.2.3 China: Portable Power Inverter Market, By Application
11.4.6.2.4 China: Portable Power Inverter Market, By Power
11.4.6.3 India: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: Portable Power Inverter Market, By Phase
11.4.6.3.2 India: Portable Power Inverter Market, By Output Voltage
11.4.6.3.3 India: Portable Power Inverter Market, By Application
11.4.6.3.4 India: Portable Power Inverter Market, By Power
11.4.6.4 Rest of APAC: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Rest of APAC: Portable Power Inverter Market, By Phase
11.4.6.4.2 Rest of APAC: Portable Power Inverter Market, By Output Voltage
11.4.6.4.3 Rest of APAC: Portable Power Inverter Market, By Application
11.4.6.4.4 Rest of APAC: Portable Power Inverter Market, By Power
11.5 MEA: Portable Power Inverter Market
11.5.1 MEA: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.5.2 MEA: Portable Power Inverter Market, By Phase
11.5.3 MEA: Portable Power Inverter Market, By Output Voltage
11.5.4 MEA: Portable Power Inverter Market, By Application
11.5.5 MEA: Portable Power Inverter Market, By Power
11.5.6 MEA: Portable Power Inverter Market, By Country
11.5.6.1 South Africa: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: Portable Power Inverter Market, By Phase
11.5.6.1.2 South Africa: Portable Power Inverter Market, By Output Voltage
11.5.6.1.3 South Africa: Portable Power Inverter Market, By Application
11.5.6.1.4 South Africa: Portable Power Inverter Market, By Power
11.5.6.2 Saudi Arabia: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Saudi Arabia: Portable Power Inverter Market, By Phase
11.5.6.2.2 Saudi Arabia: Portable Power Inverter Market, By Output Voltage
11.5.6.2.3 Saudi Arabia: Portable Power Inverter Market, By Application
11.5.6.2.4 Saudi Arabia: Portable Power Inverter Market, By Power
11.5.6.3 UAE: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 UAE: Portable Power Inverter Market, By Phase
11.5.6.3.2 UAE: Portable Power Inverter Market, By Output Voltage
11.5.6.3.3 UAE: Portable Power Inverter Market, By Application
11.5.6.3.4 UAE: Portable Power Inverter Market, By Power
11.5.6.4 Rest of MEA: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: Portable Power Inverter Market, By Phase
11.5.6.4.2 Rest of MEA: Portable Power Inverter Market, By Output Voltage
11.5.6.4.3 Rest of MEA: Portable Power Inverter Market, By Application
11.5.6.4.4 Rest of MEA: Portable Power Inverter Market, By Power
11.6 SAM: Portable Power Inverter Market
11.6.1 SAM: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.6.2 SAM: Portable Power Inverter Market, By Phase
11.6.3 SAM: Portable Power Inverter Market, By Output Voltage
11.6.4 SAM: Portable Power Inverter Market, By Application
11.6.5 SAM: Portable Power Inverter Market, By Power
11.6.6 SAM: Portable Power Inverter Market, By Country
11.6.6.1 Brazil: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: Portable Power Inverter Market, By Phase
11.6.6.1.2 Brazil: Portable Power Inverter Market, By Output Voltage
11.6.6.1.3 Brazil: Portable Power Inverter Market, By Application
11.6.6.1.4 Brazil: Portable Power Inverter Market, By Power
11.6.6.2 Argentina: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Argentina: Portable Power Inverter Market, By Phase
11.6.6.2.2 Argentina: Portable Power Inverter Market, By Output Voltage
11.6.6.2.3 Argentina: Portable Power Inverter Market, By Application
11.6.6.2.4 Argentina: Portable Power Inverter Market, By Power
11.6.6.3 Rest of SAM: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
11.6.6.3.1 Rest of SAM: Portable Power Inverter Market, By Phase
11.6.6.3.2 Rest of SAM: Portable Power Inverter Market, By Output Voltage
11.6.6.3.3 Rest of SAM: Portable Power Inverter Market, By Application
11.6.6.3.4 Rest of SAM: Portable Power Inverter Market, By Power
12. Portable Power Inverter Market - COVID-19 Impact Analysis
12.1 Overview
12.1.1 North America COVID-19 Impact Analysis
12.1.2 Europe COVID-19 Impact Analysis
12.1.3 APAC COVID-19 Impact Analysis
12.1.4 MEA COVID-19 Impact Analysis
12.1.5 SAM COVID-19 Impact Analysis
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 Cobra Electronics Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 ENERGIZER HOLDINGS, INC.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Kisae Technology Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 COTEK
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Rally Manufacturing
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 EXELTECH
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 OSRAM GmbH
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Ring Automotive Ltd.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Growatt New Energy
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Eaton
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About the Publisher
15.1.1 Glossary
List of Tables
Table 1. Global Portable Power Inverter Market, Revenue and Forecast, 2019-2028 (US$ Million)
Table 2. North America: Portable Power Inverter Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Portable Power Inverter Market, By Output Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Portable Power Inverter Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Portable Power Inverter Market, By Power - Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Portable Power Inverter Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Portable Power Inverter Market, By Output Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: Portable Power Inverter Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: Portable Power Inverter Market, By Power - Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 23. Germany: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 25. Germany: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 26. France: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 27. France: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 28. France: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 29. France: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 31. Italy: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 32. Italy: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 33. Italy: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 35. Russia: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 36. Russia: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 37. Russia: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 38. UK: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 39. UK: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 40. UK: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 41. UK: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 42. Rest of Europe: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 43. Rest of Europe: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Europe: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of Europe: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 46. APAC: Portable Power Inverter Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 47. APAC: Portable Power Inverter Market, By Output Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 48. APAC: Portable Power Inverter Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 49. APAC: Portable Power Inverter Market, By Power - Revenue and Forecast to 2028 (US$ Million)
Table 50. Australia: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 51. Australia: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 52. Australia: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 54. China: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 55. China: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 56. China: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 57. China: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 58. India: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 59. India: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 60. India: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 61. India: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 62. Rest of APAC: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 63. Rest of APAC: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 64. Rest of APAC: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 65. Rest of APAC: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 66. MEA: Portable Power Inverter Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 67. MEA: Portable Power Inverter Market, By Output Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 68. MEA: Portable Power Inverter Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 69. MEA: Portable Power Inverter Market, By Power - Revenue and Forecast to 2028 (US$ Million)
Table 70. South Africa: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 71. South Africa: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 72. South Africa: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 73. South Africa: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 74. Saudi Arabia: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 75. Saudi Arabia: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 76. Saudi Arabia: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 77. Saudi Arabia: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 78. UAE: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 79. UAE: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 80. UAE: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 81. UAE: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of MEA: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of MEA: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of MEA: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of MEA: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 86. SAM: Portable Power Inverter Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 87. SAM: Portable Power Inverter Market, By Output Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 88. SAM: Portable Power Inverter Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 89. SAM: Portable Power Inverter Market, By Power - Revenue and Forecast to 2028 (US$ Million)
Table 90. Brazil: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 91. Brazil: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 92. Brazil: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 93. Brazil: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 94. Argentina: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 95. Argentina: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 96. Argentina: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 97. Argentina: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 98. Rest of SAM: Portable Power Inverter Market, By Phase -Revenue and Forecast to 2028 (US$ Million)
Table 99. Rest of SAM: Portable Power Inverter Market, By Output Voltage -Revenue and Forecast to 2028 (US$ Million)
Table 100. Rest of SAM: Portable Power Inverter Market, By Application -Revenue and Forecast to 2028 (US$ Million)
Table 101. Rest of SAM: Portable Power Inverter Market, By Power -Revenue and Forecast to 2028 (US$ Million)
Table 102. Glossary of Terms: Portable Power Inverter Market
List of Figures
Figure 1. Portable Power Inverter Market Segmentation
Figure 2. Portable Power Inverter Market Segmentation - Geography
Figure 3. Portable Power Inverter Market Overview
Figure 4. Portable Power Inverter Market, By Phase
Figure 5. Portable Power Inverter Market, By Application
Figure 6. Portable Power Inverter Market, By Geography
Figure 7. North America - PEST Analysis
Figure 8. Europe - PEST Analysis
Figure 9. APAC - PEST Analysis
Figure 10. MEA - PEST Analysis
Figure 11. SAM - PEST Analysis
Figure 12. Portable Power Inverter Market: Ecosystem Analysis
Figure 13. Expert Opinion
Figure 14. Portable Power Inverter Market: Impact Analysis of Drivers and Restraints
Figure 15. Global Portable Power Inverter Market
Figure 16. Global Portable Power Inverter Market, Forecast and Analysis (US$ Million)
Figure 17. Market Positioning- Top Five Players
Figure 18. Portable Power Inverter Market Revenue Share, by Phase (2020 and 2028)
Figure 19. Single-Phase: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Three-Phase: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Portable Power Inverter Market Revenue Share, by Output Voltage (2020 and 2028)
Figure 22. Upto 240 Volts: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Above 240 Volts: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Portable Power Inverter Market Revenue Share, by Application (2020 and 2028)
Figure 25. Residential: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Commercial: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Industrial: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Portable Power Inverter Market Revenue Share, by Power (2020 and 2028)
Figure 29.0W to 2500W: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30.0W to 5000W: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Portable Power Inverter Market Revenue Share, By Region (2020 and 2028)
Figure 32. North America: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Portable Power Inverter Market Revenue Share, By Phase (2020 and 2028)
Figure 34. North America: Portable Power Inverter Market Revenue Share, By Output Voltage (2020 and 2028)
Figure 35. North America: Portable Power Inverter Market Revenue Share, By Application (2020 and 2028)
Figure 36. North America: Portable Power Inverter Market Revenue Share, By Power (2020 and 2028)
Figure 37. North America: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)
Figure 38. US: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Canada: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Mexico: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. Europe: Portable Power Inverter Market Revenue Share, By Phase (2020 and 2028)
Figure 43. Europe: Portable Power Inverter Market Revenue Share, By Output Voltage (2020 and 2028)
Figure 44. Europe: Portable Power Inverter Market Revenue Share, By Application (2020 and 2028)
Figure 45. Europe: Portable Power Inverter Market Revenue Share, By Power (2020 and 2028)
Figure 46. Europe: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)
Figure 47. Germany: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 48. France: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 49. Italy: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 50. Russia: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 51. UK: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 52. Rest of Europe: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 53. APAC: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 54. APAC: Portable Power Inverter Market Revenue Share, By Phase (2020 and 2028)
Figure 55. APAC: Portable Power Inverter Market Revenue Share, By Output Voltage (2020 and 2028)
Figure 56. APAC: Portable Power Inverter Market Revenue Share, By Application (2020 and 2028)
Figure 57. APAC: Portable Power Inverter Market Revenue Share, By Power (2020 and 2028)
Figure 58. APAC: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)
Figure 59. Australia: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 60. China: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 61. India: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 62. Rest of APAC: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 63. MEA: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 64. MEA: Portable Power Inverter Market Revenue Share, By Phase (2020 and 2028)
Figure 65. MEA: Portable Power Inverter Market Revenue Share, By Output Voltage (2020 and 2028)
Figure 66. MEA: Portable Power Inverter Market Revenue Share, By Application (2020 and 2028)
Figure 67. MEA: Portable Power Inverter Market Revenue Share, By Power (2020 and 2028)
Figure 68. MEA: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)
Figure 69. South Africa: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 70. Saudi Arabia: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 71. UAE: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 72. Rest of MEA: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 73. SAM: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 74. SAM: Portable Power Inverter Market Revenue Share, By Phase (2020 and 2028)
Figure 75. SAM: Portable Power Inverter Market Revenue Share, By Output Voltage (2020 and 2028)
Figure 76. SAM: Portable Power Inverter Market Revenue Share, By Application (2020 and 2028)
Figure 77. SAM: Portable Power Inverter Market Revenue Share, By Power (2020 and 2028)
Figure 78. SAM: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)
Figure 79. Brazil: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 80. Argentina: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 81. Rest of SAM: Portable Power Inverter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 82. Impact of COVID-19 Pandemic in North American Countries
Figure 83. Impact of COVID-19 Pandemic in European Country Markets
Figure 84. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 85. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 86. Impact of COVID-19 Pandemic in SAM Country Markets

Executive Summary

The global portable power inverter market is expected to grow from US$ 1,359.21 million in 2021 to US$ 2,206.57 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2021 to 2028.

The rising penetration of electric vehicles across the globe is one of the major factors driving the growth of the portable power inverter market. Automobile sales are reaching new heights due to the growing popularity of trucks and SUVs and the rising demand for compact sedans. Toyota, Hyundai, Nissan, Subaru, and Kia reported sales increases in the double digits. In 2020, 78 million vehicles were produced globally, and China, Japan, and Germany were the top automobile and commercial vehicle manufacturers. With such massive vehicle manufacturing volumes, the scope of electric vehicle (EV) manufacturing is also gaining momentum, resulting in growth in the portable power inverter market. Also, few OEMs aim to reconfigure their product lines to manufacture only electric vehicles. The need for power inverters is expected to spike with the rise in adoption of EVs, which is further expected to catalyze the portable power inverter market size.

In addition, truck manufacturers, such as MAN, Daimler, Scania, Volvo, and Renault, seek the all-electric future. Inverters are required for power management to/from battery packs to motors and for on-board systems in all forms of electric cars, such as hybrid electric vehicles (HEVs), battery electric vehicles (BEVs), and plug-in hybrid electric vehicles (PHEVs). Both electric and internal combustion engine (ICE) vehicles use vehicle inverters. Several trends, such as in-wheel microinverter systems and increased incorporation of inverters that operate on AC power in electric vehicles, are boosting the portable power inverter market. For example, Delphi Technologies PLC introduced the first combined inverter and DC/DC converter in February 2018. Such innovations and developments are attracting several customers worldwide, which is driving the portable power inverter market growth.

The adoption of inverters for personal usage in the residential sector has been around for decades. In the current scenario, the attention toward portable power inverters has risen stupendously due to portability and lower energy consumption advantage. The increase in attraction toward varied models of these inverters is driving the portable power inverter market growth. Further, the uptake of portable power inverters is foreseen to grow over the years, as procurement of solar PV portable inverters is rising among end users in the residential sector, propelling the portable power inverter market size.

Additionally, the rapid increase in energy demands necessitates utilizing alternative energy sources, further driving the portable power inverter market growth. Renewable energy sources, especially solar energy, are now being used to generate electricity. The increasing uptake of solar energy for electricity generation is expected to drive the demand for portable power inverters, thereby, boosting the portable power inverter market size.

The portable power inverter market includes prominent players, such as Cobra Electronics Corporation, ENERGIZER HOLDINGS, INC., Kisae Technology Inc., COTEK, Rally Manufacturing, EXELTECH, OSRAM GmbH, Ring Automotive Ltd., Growatt New Energy, and Eaton. These companies dominate the portable power inverter market through new product developments, acquisitions, and expansion strategies. In April 2021, ENERGIZER HOLDINGS, INC. announced a global, multi-year partnership with Red Bull Racing Honda, the four-time Formula 1 World Champion team. As the auto cleaning & care partner of Red Bull Racing Honda, Armor All will leverage the partnership to expand its international marketing efforts, grow brand awareness, and connect with new consumers.

Impact of COVID-19 Pandemic on Portable Power Inverter Market

The pandemic had negative impact on a number of industries, including electronics & semiconductors. Trade obstacles further hampered the outlook for demand and supply. The overall production process was significantly disrupted as governments in many countries announced a complete lockdown and a temporary industry shutdown in 2020. The portable power inverter market was no different and has decently hit by the outbreak.

COVID-19 drastically affected the consumers and the economy. Electronic manufacturing hubs were temporarily shut down to minimize the spread of COVID-19 among persons. This has significantly impacted the semiconductor supply chain, resulting in a shortage of materials, components, and finished goods. Due to a lack of business continuity, revenue, shareholder returns, and revenue were severely affected, causing financial disruptions. The portable power inverter market is expected to recover during the forecast period as the lockdown has ended, and the logistics operations are again functional post continual vaccine drives

Moreover, companies operating in the portable power inverter market space were constantly trying to ease the negative impact of the COVID-19 pandemic by launching innovative products in the portable power inverter market. For instance, in April 2020, Estonia-based TalTech Power Electronics Research Group and start-up Ubik Solutions developed a hybrid inverter solution that combines a micro-inverter and a power optimizer. According to the company, this new solution could offer 30% more power than earlier micro-inverters under partially shaded conditions. Additionally, in February 2020, Enphase Energy partnered with CREATON GmbH, one of Europe's top residential roof manufacturers, to supply photovoltaic (PV) in-roof systems to solar consumers in Germany, thus, resulting in the portable power inverter market growth.

The overall portable power inverter market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the portable power inverter market. The process also serves the purpose of obtaining overview and forecast for the portable power inverter market size with respect to all the segments. It also provides the overview and forecast for the global portable power inverter market size based on all the segmentation provided with respect to five major regions—North America, Europe, Asia Pacific, Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the portable power inverter market.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cobra Electronics Corporation
  • Energizer Holdings, Inc.
  • Kisae Technology Inc.
  • Cotek
  • Rally Manufacturing
  • Exeltech
  • Osram GmbH
  • Ring Automotive Ltd.
  • Growatt New Energy
  • Eaton