Portable Power Station Market is anticipated to record a valuation of US$ 295.91 million to 2028 - Exclusive Research by The Insight Partners

According to our latest market study on "Portable Power Station Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Capacity, Application, and Battery Type," the market was valued at US$ 211.03 million in 2021 and is projected to reach US$ 295.91 million by 2028; it is expected to grow at a CAGR of 4.9% from 2021 to 2028.

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The business intelligence report provides a detailed examination of market dynamics across North America, South America, Europe, Asia Pacific, and Middle East & Africa. The Portable Power Station market is also segmented based on type, capacity, application and battery type to provide a systematic overview to the readers. This segmentation has been done keeping in mind the valuable inputs of industry experts, leaders of companies and stakeholders. Further, the market has been estimated by utilizing various research methodologies and internal statistical model.

The reports also make the inclusion of vital information about leading companies in Portable Power Station market such as a detailed SWOT analysis, key developments of products and services, and a financial overview. Furthermore, the study helps industry partakers in making strategic decisions to garner massive revenues and maximize profits.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers' post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

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Leading Portable Power Station Market Players:

1. ChargeTech
2. Drow Enterprise Co., Ltd.
3. Duracell
4. EcoFlow
5. Goal Zero
6. Jackery, Inc.
7. Lion Energy
8. Midland Radio Corporation
9. Shenzhen Lipower Technology Co., Ltd
10. SUAOKI

Portable Power Station Market Insights

Increasing Use of Portable Power Stations During Power Outages Drives Market Growth Power outages have severe economic and social consequences on communities worldwide, particularly in developing countries. The modern lifestyle of people and the rising usage of consumer devices are the critical reasons for the growing dependence on power. The reliance on electricity limits the societal tolerances for power outages, highlighting the need to improve power grid resilience against natural disasters. Although outages are low-probability events, even one extreme event can be disastrous for infrastructure systems. Storms and intense weather conditions such as high gusts, searing heat, or freezing rain are the most common causes of power outages. Further, some outages, such as rolling blackouts and brownouts, also occur when there isn't enough power to run the electrical system. Power outages are likely to occur in locations that lack the necessary utility infrastructure to serve a densely populated area. The US reported 1.33 billion hours of power outages in 2020, up by 73% from that experienced in 2019. Although the number of people affected by outages varies every year, it increases steadily. In 2020, despite the longer blackout hours, total outages accounted for less than 1% of total customer hours. Thus, to avoid the losses due to power outages, the demand for portable power stations increases with time.

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Reasons to Buy
• Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Portable Power Station market.
• The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
• The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Portable Power Station market thereby enabling players to develop effective long-term strategies in order to garner their market revenue.
• Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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