Power Construction Corp Reports 7.2% YoY Decline in 2024 Net Profit

Power Construction Corporation of China reported a 7.2% YoY decline in net profit for 2024, despite a revenue increase of 6.8%. The company's diversification into infrastructure, architectural, and industrial projects, as well as real estate management, contributed to its revenue growth. However, the decline in net profit was attributed to higher operating costs and increased competition in the construction industry.

The construction portable inverter generator market, valued at USD 641.9 million in 2024, is projected to reach USD 1.1 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.1% [1]. This growth is driven by the increasing demand for efficient and reliable power solutions across construction sites. The surge in construction activities, coupled with the need for portable and versatile power sources, is fueling market expansion.

The market's growth is also attributed to the compact and lightweight design of inverter generators, making them highly suitable for construction applications. These generators offer multiple advantages, including improved fuel efficiency, reduced emissions, and quieter operation. The rapid pace of urbanization and infrastructure development is further contributing to the rising demand for uninterrupted power supply at job sites. Governments and private developers are investing heavily in large-scale infrastructure projects, increasing the necessity for portable inverter generators.

The U.S. construction portable inverter generator market was valued at USD 107.6 million in 2024 and is expected to generate USD 200 million by 2034. Factors such as technological advancements, regulatory compliance, and the increasing need for reliable power solutions are accelerating market growth. The rising frequency of natural disasters, including hurricanes and wildfires, is also amplifying demand for these generators, ensuring uninterrupted power supply in emergency situations.

The market is segmented by power rating and power source. The 1 kVA segment alone generated USD 150 million in 2024, with increasing preference for generators that offer dependable power with minimal noise. Gasoline-powered portable inverter generators dominated the industry with a 97.1% market share in 2024, driven by their widespread adoption in small to medium-sized construction projects.

The market is also segmented by region. North America, Europe, and Asia-Pacific are the key regions driving market growth. China, the U.S., and Japan are the leading markets in Asia-Pacific and North America, respectively. Europe is expected to grow at a significant pace, driven by the increasing demand for energy-efficient solutions.

The market is expected to witness significant growth opportunities due to advancements in energy-efficient technologies and emission control measures. As regulations on carbon emissions tighten, manufacturers are focusing on producing low-carbon, energy-efficient models that comply with environmental standards.

Key players in the market include A-iPower, Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Deere & Company, DuroMax Power Equipment, Generac Power Systems, Ha-Ko Industries, HIMOINSA, Honda Motor, Kirloskar, Kohler, Wacker Neuson SE, WEN Products, Westinghouse Electric Corporation, Yamaha Motor, and others.

References:
[1] https://www.globenewswire.com/news-release/2025/04/23/3066124/0/en/Construction-Portable-Inverter-Generator-Market-Trend-Analysis-and-Forecast-2025-2034-U-S-Construction-Generator-Market-Set-to-Hit-200-Million-by-2034.html