Portable power station market: Historic industry size and analysis of 15 vendors and 7 countries - Technavio
NEW YORK, Dec. 2, 2022 /PRNewswire/ -- The portable power station market size is forecasted to increase by USD 179.21 million from 2022 to 2027, at a CAGR of 8.59%, according to the recent market study by Technavio. The growth of the market will be driven by the growing demand for uninterrupted and reliable power during power outages, the declining prices of lithium-ion batteries, and the high prevalence of tourism.
Technavio categorizes the global portable power station market as a part of the renewable electricity market, which covers companies engaged in the generation and distribution of electricity using renewable sources.
Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the Sample Report
Technavio has extensively analyzed 15 major vendors, including AIMTOM Co. Ltd., Allpowers Industrial International, Anker Technology UK Ltd., Bluetti Power Inc., ChargeTech Inc., Drow Enterprise Co. Ltd., EcoFlow Inc., Energizer Holdings Inc., Fanttik Inc., Goal Zero LLC, GoSun, Jackery Inc., Klein Tools Inc., Li Power (Shenzhen) Technology Co. Ltd., Lion Energy, Midland Radio Corp., Milwaukee Electric Tool Corporation, ROCKSOLAR, The Duracell Co., and TogoPower.
Key benefits for industry players and stakeholders ?
The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Customer landscape - Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
Another key aspect is price sensitivity drivers(purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and NEUTRAL.
Furthermore, market adoption rates for all regions have been covered.
Download the sample to get a holistic overview of the portable power station market by industry experts to evaluate and develop growth strategies.
The market is segmented by application (off-grid power, emergency power, and automotive) and technology (lithium-ion and sealed lead-acid).
Segmentation by application (inclusion/exclusion)
Inclusion:
Off-grid power:
The off-grid power segment grew gradually by USD 174.57 million between 2017 and 2021. Portable power stations are an integral part of remote microgrids, which are also known as off-grid power. There is a significant rise in demand for electricity when compared to the expansion rate of conventional electricity grids. Hence, a majority of the power demand from remote areas will be met by off-grid power systems during the forecast period.
To get detailed insights about inclusions and exclusions, buy the report.
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Geothermal power market by type and geography - Forecast and analysis 2022-2026? size is estimated to increase by 48,935.01 GW from 2021 to 2026, with an accelerated CAGR of 8.2%, according to the recent market study by Technavio. The rising investments and government initiatives are driving market growth.
What are the key data covered in the portable power station market?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the portable power station market between 2023 and 2027
Precise estimation of the size of the portable power station market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the portable power station market across APAC, North America, Europe, Middle East and Africa, and South America
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of portable power station market vendors
Portable Power Station Market Scope
Report Coverage
Details
Page number
158
Base year
2022
Historic Period
2017 -2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 8.59%
Market growth 2023-2027
USD 179.21 million
Market structure
Fragmented
YoY growth (%)
8.08
Regional analysis
APAC, North America, Europe, the Middle East and Africa, and South America
Performing contribution
APAC at 36%
Key countries
US, Saudi Arabia, China, Australia, and Germany
Competitive landscape
Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Companies profiled
AIMTOM Co. Ltd., Allpowers Industrial International, Anker Technology UK Ltd., Bluetti Power Inc., ChargeTech Inc., Drow Enterprise Co. Ltd., EcoFlow Inc., Energizer Holdings Inc., Fanttik Inc., Goal Zero LLC, GoSun, Jackery Inc., Klein Tools Inc., Li Power (Shenzhen) Technology Co. Ltd., Lion Energy, Midland Radio Corp., Milwaukee Electric Tool Corporation, ROCKSOLAR, The Duracell Co., and TogoPower
Market Dynamics
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Exhibit 142: Li power Shenzhen technology Co. Ltd. - Overview
Exhibit 143: Li power Shenzhen technology Co. Ltd. - Product / Service
Exhibit 144: Li power Shenzhen technology Co. Ltd. - Key offerings
12.14 Lion Energy
Exhibit 145: Lion Energy - Overview
Exhibit 146: Lion Energy - Product / Service
Exhibit 147: Lion Energy - Key offerings
12.15 Midland Radio Corp.
Exhibit 148: Midland Radio Corp. - Overview
Exhibit 149: Midland Radio Corp. - Product / Service
Exhibit 150: Midland Radio Corp. - Key offerings
12.16 Milwaukee Electric Tool
Exhibit 151: Milwaukee Electric Tool - Overview
Exhibit 152: Milwaukee Electric Tool - Product / Service
Exhibit 153: Milwaukee Electric Tool - Key offerings
12.17 The Duracell Co.
Exhibit 154: The Duracell Co. - Overview
Exhibit 155: The Duracell Co. - Product / Service
Exhibit 156: The Duracell Co. - Key news
Exhibit 157: The Duracell Co. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 158: Inclusions checklist
Exhibit 159: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 160: Currency conversion rates for US$
13.4 Research methodology
Exhibit 161: Research methodology
Exhibit 162: Validation techniques employed for market sizing
Exhibit 163: Information sources
13.5 List of abbreviations
Exhibit 164: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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