Middle East and Africa Portable Power Inverter Market Forecast to 2028

Middle East and Africa 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)

Report Code : BMIRE00025377 | Region : LAMEA | Industry : Electronics and Semiconductor | Published Date : 15/Jul/2022

The MEA portable power inverter market is expected to grow from US$ 93.82 million in 2021 to US$ 123.72 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.

The GCC countries are economically and technologically ahead, while the African countries are yet to expand their purchasing power and adopt advanced technologies. In addition, the ambitious clean energy target set by the countries are set to generate a combined 80 GW of renewable energy capacity by 2030. Currently, solar and wind are leading the renewable energy sector in the country which will drive the demand of solar power plants and eventually drives the portable power inverter market growth. Also, the government in the countries are focusing on the development of renewable energy majorly in solar energy generation. For example, the government of Algeria has set a goal of producing 22GW power from renewable sources especially from solar, by the end of 2030. This parameter is expected to create remarkable demand for portable inverters, which would furnish the MEA portable power inverter market in the country.

The portable power inverters are rising exponentially with the rise in demand for electric vehicle (EV). The portable power inverter compensates for voltage fluctuations when charging, delivering a consistent power supply. Further, the government policies, strategies, and incentives to embrace EVs is forecasted to drive market growth in the forthcoming period with countries such as the UAE & Saudi Arabia heading the path. The country is at the forefront of innovation with 200 Tesla EVs being rolled out into Dubai Taxi industry. This is a first step in Dubai’s aim to encourage green mobility solutions. Thus, such initiatives are anticipated to drive the demand of portable power inverter market in MEA.

Vendors in the MEA 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.

MEA Portable Power Inverter Market Revenue and Forecast to 2028 (US$ Million)

MEA Portable Power Inverter Market Segmentation

The MEA 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 MEA 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 MEA 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 MEA 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 MEA portable power inverter market is segmented into the South Africa, Saudi Arabia, UAE, and the Rest of MEA. UAE held the largest market share in 2020.

COTEK; Eaton ; ENERGIZER HOLDINGS INC.; EXELTECH; OSRAM GmbH; and Rally Manufacturing are among the leading companies in the MEA portable power inverter market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

Single phase Segment held the Largest Market Share of MEA Portable Power Inverter Market during 2021–2028

According to our latest study on “MEA Portable Power Inverter Market Forecast to 2028 –Analysis – by Phase, Output voltage, Application and Power” The MEA portable power inverter market is expected to grow from US$ 93.82 million in 2021 to US$ 123.72 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the market is driven with Due to continued urbanization and population, the energy demand has skyrocketed, necessitating the use of alternative energy sources to meet this requirement. However, the pricing of these inverters stands as one of the key restraining factors for the MEA portable power inverter market.

The MEA 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 MEA 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 MEA 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 MEA 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 MEA portable power inverter market is segmented into the South Africa, Saudi Arabia, UAE, and the Rest of MEA. UAE held the largest market share in 2020.

COTEK; Eaton ; ENERGIZER HOLDINGS INC.; EXELTECH; OSRAM GmbH; and Rally Manufacturing are among the leading companies in the MEA portable power inverter market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. In addition, truck manufacturers such as MAN, Daimler, Scania, Volvo, and Renault seek the all-electric future.

TABLE OF CONTENTS

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. MEA Portable Power Inverter Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.2.1 MEA PEST Analysis

4.3 MEA Portable Power Inverter Market – Ecosystem Analysis

4.4 Expert Opinion

5. MEA 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 – MEA Market Analysis

6.1 MEA Portable Power Inverter Market Overview

6.2 MEA Portable Power Inverter Market Forecast and Analysis

7. MEA 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. MEA Portable Power Inverter Market Analysis – By Output Voltage

8.1 Overview

8.2 MEA 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. MEA Portable Power Inverter Market Analysis – By Application

9.1 Overview

9.2 MEA 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. MEA Portable Power Inverter Market Analysis – By Power

10.1 Overview

10.2 MEA 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. MEA Portable Power Inverter Market – Country Analysis

11.1 Overview

11.1.1 MEA: Portable Power Inverter Market, By Country

11.1.1.1 South Africa: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 South Africa: Portable Power Inverter Market, By Phase

11.1.1.1.2 South Africa: Portable Power Inverter Market, By Output Voltage

11.1.1.1.3 South Africa: Portable Power Inverter Market, By Application

11.1.1.1.4 South Africa: Portable Power Inverter Market, By Power

11.1.1.2 Saudi Arabia: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Saudi Arabia: Portable Power Inverter Market, By Phase

11.1.1.2.2 Saudi Arabia: Portable Power Inverter Market, By Output Voltage

11.1.1.2.3 Saudi Arabia: Portable Power Inverter Market, By Application

11.1.1.2.4 Saudi Arabia: Portable Power Inverter Market, By Power

11.1.1.3 UAE: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 UAE: Portable Power Inverter Market, By Phase

11.1.1.3.2 UAE: Portable Power Inverter Market, By Output Voltage

11.1.1.3.3 UAE: Portable Power Inverter Market, By Application

11.1.1.3.4 UAE: Portable Power Inverter Market, By Power

11.1.1.4 Rest of MEA: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Rest of MEA: Portable Power Inverter Market, By Phase

11.1.1.4.2 Rest of MEA: Portable Power Inverter Market, By Output Voltage

11.1.1.4.3 Rest of MEA: Portable Power Inverter Market, By Application

11.1.1.4.4 Rest of MEA: 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 ENERGIZER HOLDINGS, INC.

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 COTEK

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

13.3 Rally Manufacturing

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 EXELTECH

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 OSRAM GmbH

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 Eaton

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

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES.

Table 1. MEA Portable Power Inverter Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2. South Africa: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)

Table 3. South Africa: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)

Table 4. South Africa: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 5. South Africa: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)

Table 6. Saudi Arabia: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)

Table 7. Saudi Arabia: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)

Table 8. Saudi Arabia: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 9. Saudi Arabia: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)

Table 10.   UAE: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)

Table 11.   UAE: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)

Table 12.   UAE: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 13.   UAE: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)

Table 14.   Rest of MEA: Portable Power Inverter Market, By Phase –Revenue and Forecast to 2028 (US$ Million)

Table 15.   Rest of MEA: Portable Power Inverter Market, By Output Voltage –Revenue and Forecast to 2028 (US$ Million)

Table 16.   Rest of MEA: Portable Power Inverter Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 17.   Rest of MEA: Portable Power Inverter Market, By Power –Revenue and Forecast to 2028 (US$ Million)

Table 18.   Glossary of Terms: MEA Portable Power Inverter Market

LIST OF FIGURES.

Figure 1. MEA Portable Power Inverter Market Segmentation

Figure 2. MEA Portable Power Inverter Market Segmentation – Country

Figure 3. MEA Portable Power Inverter Market Overview

Figure 4. MEA Portable Power Inverter Market, By Phase

Figure 5. MEA Portable Power Inverter Market, By Application

Figure 6. MEA Portable Power Inverter Market, By Country

Figure 7. Market Research

Figure 8. Research Methodology

Figure 9. MEA – PEST Analysis

Figure 10.   MEA Portable Power Inverter Market: Ecosystem Analysis

Figure 11.   Expert Opinion

Figure 12.   MEA Portable Power Inverter Market: Impact Analysis of Drivers and Restraints

Figure 13.   MEA Portable Power Inverter Market, Forecast and Analysis (US$ Million)

Figure 14.   MEA Portable Power Inverter Market Revenue Share, by Phase (2020 and 2028)

Figure 15.   MEA Single-Phase: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.   MEA Three-Phase: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.   MEA Portable Power Inverter Market Revenue Share, by Output Voltage (2020 and 2028)

Figure 18.   MEA Up to 240 Volts: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.   MEA Above 240 Volts: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.   MEA Portable Power Inverter Market Revenue Share, by Application (2020 and 2028)

Figure 21.   MEA Residential: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.   MEA Commercial: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.   MEA Industrial: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.   MEA Portable Power Inverter Market Revenue Share, by Power (2020 and 2028)

Figure 25.   MEA 1000W to 2500W: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.   MEA 2500W to 5000W: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.   MEA: Portable Power Inverter Market –By key country, Revenue (2020) (US$ Million)

Figure 28.   MEA: Portable Power Inverter Market Revenue Share, By Country (2020 and 2028)

Figure 29.   South Africa: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.   Saudi Arabia: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.   UAE: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.   Rest of MEA: Portable Power Inverter Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Middle East and Africa Portable Power Inverter Market

● COTEK

● Eaton

● ENERGIZER HOLDINGS, INC.

● EXELTECH

● OSRAM GmbH

● Rally Manufacturing

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA 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 MEA 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 MEA 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.

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