Press release
Portable Power Station Market | 2022 Size, Growth Insights, Share, Covid-19 Impact, Emerging Technologies, Key Players, Competitive Landscape, Regional And Global Forecast To 2028
Portable Power Station Market 2022-2028
Portable Power Station Market | 2022 Energy And Power Industry Global Analysis By Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2028 Is Latest Study Published By Fortune Business Insights.
Market Overview:
The global portable power station market size is projected to reach USD 439.3 million by 2028, exhibiting a CAGR of 8.7% during the forecast period. The market stood at USD 238.1 million in 2020 and estimated to reach USD 244.5 million in 2021.
The rising adoption of smart devices is likely to fuel the product adoption. Developments in digital infrastructure, rising smart-electronics adoption, and 5G technology developments have increased dependency on electric power globally. Portable power stations convert chemical energy into electrical energy to provide sustainable and reliable electricity for extended periods. It is a huge power bank that is capable of providing electricity to users for a long time. The benefits of the power station, such as portability and reliability, are likely to fuel the product's demand.
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List of Companies Covered in the Portable Power Station Market Report:
GOAL ZERO
BLUETTI Power Inc
Jackery
EcoFlow
Suaoki
Lion Energy
Shenzhen Sungzu Technology Co., Ltd
iForway
Lipower Technology Co., Ltd
Duracell Inc.
Anker Technology Ltd
Covide-19 Impact:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Driving Factors:
Increased Camping Activities and Lithium-ion Battery Cost Reduction to Bolster Industry Progress
The spike in camping activities such as trekking, fishing, climbing, and others in North America is expected to boost the product adoption. For example, according to the information provided by the North American camping report 2021, the number of households who participated in hiking activities reached 48.2 million in 2020, and the number of active households participating in the activities in the U.S. was 86.1 million, which is a significant increase in number compared to 71.5 million in 2014. Further, the reduction of rechargeable lithium-ion battery prices is likely to fuel the product adoption. Lithium batteries are highly efficient, provide longer battery life, and last longer compared to lead-acid batteries. As per the information issued by Bloomberg NEF, lithium-ion battery's cost witnessed a decline of USD 156 per kilowatt per hour compared to USD 1,183 kWh/hr in 2010. Lithium-ion batteries are used extensively in smart devices and require effective rechargeable power, which, in turn, may fuel power stations' adoption. These factors are expected to drive the growth of the portable power station market growth.
Method of Research:
Fail-safe, modern research methodologies are employed for the Portable Power Station market analysis. An exhaustive primary and secondary research conducted on the market using robust research techniques aid in the prediction of the market size at the end of forecast period. Top-up and bottom-down approaches were maintained in the entire market study.
Key Industry Development:
January 2020: Goal Zero announced its next-generation award-winning lithium power station, Yeti X, at the CES trade show. Yeti X provides dependable on-the-go and home power without fumes, noise, and maintenance costs.
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Highlights Of The Report:
Market Penetration: Comprehensive Information On The Product Portfolios Of The Top Players In The Supply Chain Analytics Market.
Product Development/Innovation: Detailed Insights On The Upcoming Technologies, Randd Activities, And Product Launches In The Market
Competitive Assessment: In-Depth Assessment Of The Market Strategies, Geographic And Business Segments Of The Leading Players In The Market
Market Development: Comprehensive Information About Emerging Markets. This Report Analyzes The Market For Various Segments Across Geographies
Market Diversification: Exhaustive Information About New Products, Untapped Geographies, Recent Developments, And Investments In The Supply Chain Analytics Market
Portable Power Station Industry Competitive Analysis:
The Portable Power Station Market Report Examines Competitive Scenario By Analyzing Key Players In The Market. The Company Profiling Of Leading Market Players Is Included This Report With Porter's Five Forces Analysis And Value Chain Analysis. Further, The Strategies Exercised By The Companies For Expansion Of Business Through Mergers, Acquisitions, And Other Business Development Measures Are Discussed In The Report. The Financial Parameters Which Are Assessed Include The Sales, Profits And The Overall Revenue Generated By The Key Players Of Market.
Key Questions Answered In The Report:
What Will The Market Growth Rate Of Portable Power Station Market In 2029?
What Are The Key Factors Driving The Global Market?
Who Are The Key Manufacturers In Space?
What Are The Market Opportunities, Market Risk And Market Overview Of The Global Market?
What Are Sales, Revenue, And Price Analysis Of Top Manufacturers Of Global Market?
Table Of Content:
1 Moreover, Introduction
2 Executive Summary
3 Market Dynamics
4 Moreover, Key Insights
5 Key Findings / Moreover, Summary
6 Asia Pacific By Countries
7 Europe By Countries
8 South America By Country
9 Middle East And Africa By Countries
10 Portable Power Station Market In Developing Countries
11 South America Analysis By Countries
12 Moreover, Competitive Landscape
13 Moreover, Industry Outlook
14 Moreover, Global Forecast (2022-2029)
15 Moreover, New Project Feasibility Analysis
Continue….
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Fortune Business Insights™ Offers Expert Corporate Analysis And Accurate Data, Helping Organizations Of All Sizes Make Timely Decisions. We Tailor Innovative Solutions For Our Clients, Assisting Them To Address Challenges Distinct To Their Businesses. Our Goal Is To Empower Our Clients With Holistic Market Intelligence, Giving A Granular Overview Of The Market They Are Operating In.
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