Portable Power Station Market May See a Big Move | Duracell, Lion Energy, Goal Zero, Jackery

The recent research publication on Portable Power Station market provides insights about evolution of the competitive environment, the lifecycle stage and opportunities. The survey with Portable Power Station investors & stakeholders in this sector, from APAC, EMEA and the Americas, reveals information such as large-scale projects with regulatory factors by country, subsidies, tax incentives and direct investment. Along with this activity comes a stream of Portable Power Station M&A activity and growth, as producers strive to stay ahead of the curve. Some of the established and new companies profiled in the study are Goal Zero, Jackery, Duracell, Lion Energy, Suaoki, etc.

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Summary
Portable power stations are rechargeable battery-powered generators that are equipped with USB charging ports that can help to charge all the devices, including smartphones, tablets, laptops, electric blankets, and others. Portable power stations are able to provide additional electricity during peak shifting. They also support grid networks at a short notice, for any period of time or seasonally, if required. The market growth is attributed to rising use of smart electronic devices and surge in requirement for uninterrupted power supply. Areas frequented by power outages caused by natural disasters are expected to be a lucrative market for portable power stations. People are willing to pay for these generators for charging smartphones capable of calling emergency responders. Also, the need for reliable survival gear in treks and areas with low power can drive the demand for portable power stations. Manufacturers in the market are increasing the capacity of these generators by providing extra outlets for charging more devices. However, some of the restraints in the market include: Low operational capability of portable power stations as compared to portable fossil fuel generators & lack of awareness among developing countries about the utility of portable power stations are some factors impeding the growth of this market all over the world.

Based on power type, the market is classified into Direct Power and Hybrid Power. The Hybrid segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 because it can be used at remote or off-grid locations, where direct power access is limited or non-existent.

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Based on technology type, the market is segmented into lithium-ion and sealed lead acid. The lithium-ion segment grabbed XX% market share of the Global Portable Power Station Market and gathered revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 owing to the availability of lithium ions at affordable prices across the world.

Based on capacity range, the market is segmented into Less than 500 Wh, 501-1,000 Wh, 1,001-1,500 Wh & 1,500 Wh and above. In 2020, the 501-1,000 Wh segment dominated the Portable Power Station Market and accounted for XX% market share. This segment will witness a considerable CAGR of XX% during the forecast period (2021-2027F) owing to its usage in various applications, including off-grid power.

Based on application type, the market is classified into Emergency Power, Off-grid Power, Automotive and others. The off grid segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027.

For a better understanding of the market adoption of Portable power station, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of APAC), and Rest of World. North America constitutes the largest market for the industry and generated revenue of USD XX billion in 2020 predominantly because of USA which has the most usage of smart devices & recreational activities.

Some of the major players operating in the market include Goal Zero, Jackery, Duracell, Lion Energy, Suaoki, etc. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

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1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Objective of the Study
1.3. Limitation
1.4. Stake Holders
1.5. Currency Used in Report
1.6. Scope of the Global Portable Power Station Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Global Portable Power Station Market
2.1.1. Main Objective of the Global Portable Power Station Market
3 MARKET SYNOPSIS

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