North America Portable Power Inverter Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Phase (Single Phase and Three Phase), Output Voltage (Up to 240W and Above 240W), Application (Residential, Commercial, and Industrial), and Power (1000W to 2500W and 2500W to 5000W)
The North America portable power inverter market is expected to grow from US$ 460.27 million in 2021 to US$ 678.31 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.
Automobile sales are skyrocketing with the growing popularity of trucks and SUVs, and the rising demand for compact sedans in North America. Moreover, a few OEMs aim to reconfigure their product lines to launch only electric vehicle (EV) manufacturing lines. In the first trimester of 2021, Volvo declared that it would start selling only electric cars from 2030. General Motors plans to provide only electric LDVs by 2035. Truck manufacturers such as MAN, Daimler, Scania, Volvo, and Renault are also seeking the all-electric future. Inverters are required for channeling power from battery packs to motors and onboard systems in all forms of electric cars. Vehicle inverters are used in both electric and internal combustion engine (ICE) vehicles. The growing trend of using in-wheel microinverter systems and increased incorporation of AC power inverters in EVs are boosting the portable power inverter market growth. Delphi Technologies PLC introduced the first combined inverter and DC/DC converter in February 2018. With ongoing product developments, automobile manufacturers can now deliver more efficient products with high power density in smaller and lighter packaging. Delphi Technologies PLC invested in PolyCharge America, Inc. in January 2018 to market a revolutionary capacitor technology. This technology can assist in the construction of smaller and lighter high-power inverters, with high-temperature resistance.
Vendors in the North America portable power inverter market can attract new customers and expand their footprints in emerging markets by offering innovative features and technologies. This factor is likely to drive the market at a promising CAGR during the forecast period.
North America Portable Power Inverter Market Revenue and Forecast to 2028 (US$ Million)
North America Portable Power Inverter Market Segmentation
The North America portable power inverter market is segmented on the basis of phase, output voltage, application, power, and country. Based on phase, the market has been bifurcated as single phase and three phase. The single phase segment accounted for a larger market share, whereas the three phase segment is expected to report a higher CAGR during the forecast period. Based on output voltage, the North America portable power inverter market has been segmented as up to 240W and above 240W. In 2020, the up to 240W segment accounted a larger market share. Based on application, the North America portable power inverter market has been categorized into residential, commercial, and industrial. In 2020, the residential segment accounted for the largest market share. Based on power, the North America portable power inverter market has been categorized as 1000 W to 2500 W and 2500 W to 5000 W. The 1000 W to 2500 W segment accounted for a larger market share in 2020. Based on country, the North America industrial air filter market is segmented into the US, Canada, and Mexico; the US held the largest market share in 2020.
COBRA ELECTRONICS CORPORATION; COTEK; EATON; ENERGIZER HOLDINGS, INC.; EXELTECH; Kisae Technology Inc.; OSRAM GmbH; and Rally Manufacturing are among the key companies operating in the North America portable power inverter market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners 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. North America Portable Power Inverter Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 North America Portable Power Inverter Market – Ecosystem Analysis
4.4 Expert Opinion
5. North America 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 – North America Market Analysis
6.1 North America Portable Power Inverter Market Overview
6.2 North America Portable Power Inverter Market Forecast and Analysis
7. North America Portable Power Inverter Market Analysis – By Phase
7.1 Overview
7.2 North America 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. North America Portable Power Inverter Market Analysis – By Output Voltage
8.1 Overview
8.2 North America Portable Power Inverter Market, By Output Voltage (2020 and 2028)
8.3 Up to 240 Volts
8.3.1 Up to 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. North America Portable Power Inverter Market Analysis – By Application
9.1 Overview
9.2 North America 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. North America Portable Power Inverter Market Analysis – By Power
10.1 Overview
10.2 North America 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. North America Portable Power Inverter Market – Country Analysis
11.1 Overview
11.1.1 North America: Portable Power Inverter Market, By Country
11.1.1.1 US: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Portable Power Inverter Market, By Phase
11.1.1.1.2 US: Portable Power Inverter Market, By Output Voltage
11.1.1.1.3 US: Portable Power Inverter Market, By Application
11.1.1.1.4 US: Portable Power Inverter Market, By Power
11.1.1.2 Canada: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: Portable Power Inverter Market, By Phase
11.1.1.2.2 Canada: Portable Power Inverter Market, By Output Voltage
11.1.1.2.3 Canada: Portable Power Inverter Market, By Application
11.1.1.2.4 Canada: Portable Power Inverter Market, By Power
11.1.1.3 Mexico: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: Portable Power Inverter Market, By Phase
11.1.1.3.2 Mexico: Portable Power Inverter Market, By Output Voltage
11.1.1.3.3 Mexico: Portable Power Inverter Market, By Application
11.1.1.3.4 Mexico: Portable Power Inverter Market, By Power
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Cobra Electronics Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ENERGIZER HOLDINGS, INC.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kisae Technology Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 COTEK
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Rally Manufacturing
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 EXELTECH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 OSRAM GmbH
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Eaton
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. North America Portable Power Inverter Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. US: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms: North America Portable Power Inverter Market
LIST OF FIGURES
Figure 1. North America Portable Power Inverter Market Segmentation
Figure 2. North America Portable Power Inverter Market Segmentation – Country
Figure 3. North America Portable Power Inverter Market Overview
Figure 4. North America Portable Power Inverter Market, By Phase
Figure 5. North America Portable Power Inverter Market, By Application
Figure 6. North America Portable Power Inverter Market, By Country
Figure 7. Market Research
Figure 8. Research Methodology
Figure 9. North America – PEST Analysis
Figure 10. North America Portable Power Inverter Market: Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. North America Portable Power Inverter Market: Impact Analysis of Drivers and Restraints
Figure 13. North America Portable Power Inverter Market, Forecast and Analysis (US$ Million)
Figure 14. North America Portable Power Inverter Market Revenue Share, by Phase (2020 and 2028)
Figure 15. North America Single-Phase: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Three-Phase: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Portable Power Inverter Market Revenue Share, by Output Voltage (2020 and 2028)
Figure 18. North America Up to 240 Volts: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Above 240 Volts: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Portable Power Inverter Market Revenue Share, by Application (2020 and 2028)
Figure 21. North America Residential: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Commercial: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Industrial: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Portable Power Inverter Market Revenue Share, by Power (2020 and 2028)
Figure 25. North America 1000W to 2500W: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America 2500W to 5000W: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America: Portable Power Inverter Market –By key country, Revenue (2020) (US$ Million)
Figure 28. North America: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)
Figure 29. US: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)
- COBRA ELECTRONICS CORPORATION
- COTEK
- EATON
- ENERGIZER HOLDINGS, INC.
- EXELTECH
- Kisae Technology Inc.
- OSRAM GmbH
- Rally Manufacturing
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America portable power inverter 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 North America portable power inverter 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 North America 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 security interest with respect to client products, segmentation, pricing and distribution.