Portable Power Station Market Segmentation, Future Trends, Growth Overview, Key Companies and Forecast by 2028

The global Portable Power Station Market is expected to grow from US$ 211.03 million in 2021 to US$ 295.91 million by 2028; it is estimated to grow at a CAGR of 4.9% during 2021-2028.

North America is a region known for its advanced technological capabilities and the presence of major economies such as the US, Canada, and Mexico. The region's developed countries have a reputation for adopting advanced technologies, providing high standards of living for their citizens, and having well-developed infrastructure across various sectors. The automotive, transportation, electronics, and telecommunications industries in the region are expanding their production capacities to meet growing consumer demand. The high disposable incomes and technological advancements in North America have led to a substantial adoption of consumer electronics, including smartphones, personal computers, tablets, music players, washing machines, and TVs. This thriving consumer electronics industry is driving the growth of the portable power station market in the region.

Get Exclusive Sample PDF @: https://www.premiummarketinsights.com/sample/TIP00073358?utm_source=OpenPr&utm_medium=10640

Analysis of the Top 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

In this report, the market has been segmented on the basis of:

Type (Direct Power and Solar Power)
Capacity (Below 500 Wh, 500-1500 Wh, and Above 1500 Wh)
Application (Emergency Power, Off-Grid Power, and Others)
Battery Type (Sealed Lead Acid Battery and Lithium-Ion Battery)

Get full Report Description, TOC, Table of Figure, Chart, etc. @: https://www.premiummarketinsights.com/reports-tip/portable-power-station-market

The North American camping report for 2021 revealed that the number of households participating in hiking activities rose to 48.2 million in 2020. In addition, the number of active households engaged in these activities in the United States increased from 71.5 million in 2014 to 86.1 million, indicating a significant increase. Consequently, the popularity of camping activities such as trekking, fishing, and climbing in North America is driving the adoption of portable power stations. Furthermore, the cost of rechargeable lithium-ion batteries is expected to decrease in the upcoming years, further encouraging the use of these products. Lithium batteries are superior to lead-acid batteries as they have a longer battery life, are more efficient, and last longer. The cost of lithium-ion batteries has decreased by US$ 156 per kilowatt-hour since 2010 when it was US$ 1,183 kWh/hr, according to Bloomberg NEF. As smart gadgets commonly use lithium-ion batteries, they necessitate a reliable source of rechargeable power, which may fuel the use of power stations.

Buy this research report at @: https://www.premiummarketinsights.com/buy/TIP00073358?utm_source=OpenPr&utm_medium=10640

Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Ankit Mathur
Phone: +1-646-491-9876
Email: sales@premiummarketinsights.com

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.