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The inverter generator market by revenue is expected to grow at a CAGR of over 6% during the period 2020–2025


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New York, Dec. 16, 2020 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Inverter Generator Market - Global Outlook and Forecast 2020-2025 - https://www.reportlinker.com/p05997459/?utm source=GNW
The global market is experiencing growth due to rapid industrialization in developing countries and the proliferation of chargeable electronic devices. North America generated the highest revenue in 2019. The growth of the market can be attributed to increasing camping and power grid failure in countries such as the US and Canada and climate changes in North America.
APAC is expected to witness the highest growth in terms of revenue during the forecast period. Due to weather and non-weather-related conditions in APAC countries, power outages are expected to impact the demand for inverter generators growth positively. The building & construction industry is on the rise in India and China due to government initiatives to develop smart cities, ....

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