The 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.
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Portable Power Station Market 2022.pptx
1. Portable Power Station Market
2022
FORECAST TO 2028 – COVID-19 IMPACT AND GLOBAL ANALYSIS – BY
TYPE, APPLICATION AND BATTERY TYPE
2. Global Portable Power Station Market 2022-2028
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.
Camping is becoming a popular leisure activity in the US, and over 40.5 million
people participated in these activities in 2016
Growing Popularity of Outdoor and Camping Activities to Provide Growth
Opportunities for Portable Power Station Market during 2021–2028
3. List of Portable Power Station Market Key Players:
Midland Radio Corporation;
ALLPOWERS Industrial International Co., Ltd.;
ChargeTech;
EcoFlow;
Drow Enterprise Co., Ltd.
Duracell Inc.
Goal Zero
Jackery Inc.
SHENZHEN CHAFON TECHNOLOGY CO., LTD
Lion Energy
Hyundai Power
4. Type-Based Market Insights
Based on type, the portable power station
market is bifurcated into direct power and
solar power. In 2020, the direct power
segment accounted for a larger market
share.
Portable Power Station Market, by
Type, 2020 and 2028 (%)
5. Application-Based Market Insights
Based on application, the portable power station
market is segmented into emergency power, off-
grid power, and others. In 2020, the emergency
power segment accounted for the largest share in
the market.
The players operating in the portable power
station market adopt strategies such as mergers,
acquisitions, and market initiatives to maintain
their positions in the market. A few
developments by key players are listed below:
In November 2021, with the EcoFlow DELTA Pro
portable home battery named in the prestigious
media’s 100 Best Inventions of 2021, EcoFlow
has been recognized by TIME for its pioneering
product development
In January 2022, EcoFlow, a portable power and
renewable energy solutions company, launched
the DELTA Pro portable home battery in Europe.
Being a Kickstarter campaign, the DELTA Pro
smashed various records to become one of the
most-funded tech projects.