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In 2023, the portable power station industry was worth $359.29 million. During the forecast period (2024–2031), the portable power station market is expected to expand from $371.16 million in 2024 to $596.10 million in 2031, representing a compound yearly growth rate (CAGR) of 9.37%.
Camping lights, rechargeable trekking head torches, earbuds, cameras, mini-fridges, and culinary equipment, as well as smartphones, laptops, and other linked equipment, need constant electricity to function. The need for portable power stations is expected to rise as a result of this. The consumer electronics industry is booming due to several factors, including rising demand for smart home products and increasing research and development spending by key market participants. The increasing demand for smart electronics is expected to fuel the portable power station industry.
For sustained power needs, portable power stations are the way to go. They are able to readily collect, store, and distribute power to areas with an urgent demand. When compared to conventional power plants, these are far more environmentally friendly. A more intelligent, resilient, and flexible approach to power generation is portable power stations. It is feasible to include more renewable energy sources into portable power stations. In only a few minutes, you can turn your portable power station into an instantaneous generator of electricity. Their contributions to reducing emissions of carbon dioxide (CO2) are important as well.
When demand for electricity is highest, portable power stations can step in to meet the need. Grid networks can also rely on them in times of emergency, regardless of the season or length of time. When there is an urgent need for electricity, a portable power station is typically the best option, whether for long-term energy storage or during power disruptions. When compared to their gasoline-powered counterparts, Portable Power Stations necessitate a transfer switch in order to supply electricity to hardwired appliances, lights, and furnaces. In contrast, a portable power station can support the same load for three to nine hours under identical conditions, and a recreational inverter generator can support the TV set and a few lights on for eight to thirteen hours on a single tank of gas.
Organizations engaged within the global electronics sector carry out tasks such as designing, developing, producing, and assembling electronic components and equipment. One of the most dynamic and forward-thinking industries is electronics. Companies in today's industry are always innovating in order to stay ahead of the competition and bring cutting-edge technologies to consumers. There are four main subsectors within the electronics manufacturing industry: electronic components, consumer goods, industrial goods, and government products. Nevertheless, consumer goods have recently taken center stage. This category includes a vast array of products, including security systems, home communication systems, electronic ovens, computers, video game systems, radios, cellphones, DVD players, cell phones, and televisions. Increasing expenditures in applications like smart homes, smart automobiles, and smart cities are driving the consumer electronics sector, which offers enormous potential opportunities. Consumers' incessant need for constant cross-platform connectivity is driving demand for cutting-edge smart products that provide this feature.
The market is constrained by the need to replace and maintain batteries on a regular basis for a variety of reasons. Consumers face higher expenses when batteries need to be replaced, which affects how affordable and accessible these power stations are in the long run. Especially in price-sensitive markets, the expense of buying new batteries or servicing old ones can deter potential consumers. In addition, users experience annoyance due to the necessity of maintenance. Proper maintenance of the battery, including checking its performance, cleaning it, and possibly getting a professional to fix it if necessary, requires them to set aside time and energy. Furthermore, portable power stations' dependability and sustainability are impacted by the short lifespan of batteries.
The need for portable power is on the rise due to the growing trend of outdoor activities driven by a focus on health and wellness. During and after the pandemic, people's preference for outdoor activities surged. More than half of all Americans (those aged six and above) want to engage in outdoor activities in 2021, with 164 million people enjoying nature last year, according to a new survey by the Outdoor Foundation. The number of people who try outdoor leisure activities for the first time or get back in touch with nature has increased by over 25% since 2020, according to the 2023 Outdoor Participation Trends Report. As a means of physical fitness and social isolation, activities including jogging, cycling, sailing, fishing, camping, and walking gained popularity. This has led to an explosion in the demand for goods and services related to these fields.
Report Coverage
Global Portable Power Stations research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Portable Power Stations report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Portable Power Stations competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Portable Power Stations market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Portable Power Stations market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Portable Power Stations market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Milwaukee Electric Tool Corporation, Chilwee Group Co., Ltd, Scott Electric Company, Mitsubishi Corporation, GES Group Limited Company, Suaoki, Jackery Inc., Anker Technology, Lion Energy, NRG Energy, Inc., Duracell, Bluetti, Alpha ESS Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Portable Power Stations market based on the below-mentioned segments:
Global Portable Power Stations Market, By Type
Less than 500 Wh
501-1000 Wh
1001-1500 Wh
More than 1500 Wh
Global Portable Power Stations market, By Application
Emergency Power
Off-Grid Power
Automotive
Global Portable Power Stations Market, By Sales Channel
Online
Offline
Global Portable Power Stations market, Regional Analysis
Camping lights, rechargeable trekking head torches, earbuds, cameras, mini-fridges, and culinary equipment, as well as smartphones, laptops, and other linked equipment, need constant electricity to function. The need for portable power stations is expected to rise as a result of this. The consumer electronics industry is booming due to several factors, including rising demand for smart home products and increasing research and development spending by key market participants. The increasing demand for smart electronics is expected to fuel the portable power station industry.
For sustained power needs, portable power stations are the way to go. They are able to readily collect, store, and distribute power to areas with an urgent demand. When compared to conventional power plants, these are far more environmentally friendly. A more intelligent, resilient, and flexible approach to power generation is portable power stations. It is feasible to include more renewable energy sources into portable power stations. In only a few minutes, you can turn your portable power station into an instantaneous generator of electricity. Their contributions to reducing emissions of carbon dioxide (CO2) are important as well.
When demand for electricity is highest, portable power stations can step in to meet the need. Grid networks can also rely on them in times of emergency, regardless of the season or length of time. When there is an urgent need for electricity, a portable power station is typically the best option, whether for long-term energy storage or during power disruptions. When compared to their gasoline-powered counterparts, Portable Power Stations necessitate a transfer switch in order to supply electricity to hardwired appliances, lights, and furnaces. In contrast, a portable power station can support the same load for three to nine hours under identical conditions, and a recreational inverter generator can support the TV set and a few lights on for eight to thirteen hours on a single tank of gas.
Organizations engaged within the global electronics sector carry out tasks such as designing, developing, producing, and assembling electronic components and equipment. One of the most dynamic and forward-thinking industries is electronics. Companies in today's industry are always innovating in order to stay ahead of the competition and bring cutting-edge technologies to consumers. There are four main subsectors within the electronics manufacturing industry: electronic components, consumer goods, industrial goods, and government products. Nevertheless, consumer goods have recently taken center stage. This category includes a vast array of products, including security systems, home communication systems, electronic ovens, computers, video game systems, radios, cellphones, DVD players, cell phones, and televisions. Increasing expenditures in applications like smart homes, smart automobiles, and smart cities are driving the consumer electronics sector, which offers enormous potential opportunities. Consumers' incessant need for constant cross-platform connectivity is driving demand for cutting-edge smart products that provide this feature.
The market is constrained by the need to replace and maintain batteries on a regular basis for a variety of reasons. Consumers face higher expenses when batteries need to be replaced, which affects how affordable and accessible these power stations are in the long run. Especially in price-sensitive markets, the expense of buying new batteries or servicing old ones can deter potential consumers. In addition, users experience annoyance due to the necessity of maintenance. Proper maintenance of the battery, including checking its performance, cleaning it, and possibly getting a professional to fix it if necessary, requires them to set aside time and energy. Furthermore, portable power stations' dependability and sustainability are impacted by the short lifespan of batteries.
The need for portable power is on the rise due to the growing trend of outdoor activities driven by a focus on health and wellness. During and after the pandemic, people's preference for outdoor activities surged. More than half of all Americans (those aged six and above) want to engage in outdoor activities in 2021, with 164 million people enjoying nature last year, according to a new survey by the Outdoor Foundation. The number of people who try outdoor leisure activities for the first time or get back in touch with nature has increased by over 25% since 2020, according to the 2023 Outdoor Participation Trends Report. As a means of physical fitness and social isolation, activities including jogging, cycling, sailing, fishing, camping, and walking gained popularity. This has led to an explosion in the demand for goods and services related to these fields.
Report Coverage
Global Portable Power Stations research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Portable Power Stations report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Portable Power Stations competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Portable Power Stations market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Milwaukee Electric Tool Corporation, Chilwee Group Co., Ltd, Scott Electric Company, Mitsubishi Corporation, GES Group Limited Company, Suaoki, Jackery Inc., Anker Technology, Lion Energy, NRG Energy, Inc., Duracell, Bluetti, Alpha ESS Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Portable Power Stations Market from 2021 to 2031.
- Market Forecast for Portable Power Stations Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Portable Power Stations competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Portable Power Stations
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Portable Power Stations market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Portable Power Stations market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Milwaukee Electric Tool Corporation, Chilwee Group Co., Ltd, Scott Electric Company, Mitsubishi Corporation, GES Group Limited Company, Suaoki, Jackery Inc., Anker Technology, Lion Energy, NRG Energy, Inc., Duracell, Bluetti, Alpha ESS Co., Ltd.
Primary Target Market
- Market Players of Portable Power Stations
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Portable Power Stations market based on the below-mentioned segments:
Global Portable Power Stations Market, By Type
Less than 500 Wh
501-1000 Wh
1001-1500 Wh
More than 1500 Wh
Global Portable Power Stations market, By Application
Emergency Power
Off-Grid Power
Automotive
Global Portable Power Stations Market, By Sales Channel
Online
Offline
Global Portable Power Stations market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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