Mithila Samachar

Portable Power Station Market Worth $474 Million by 2025

 Breaking News
  • No posts were found

Portable Power Station Market Worth $474 Million by 2025

June 09
22:36 2020
Portable Power Station Market Worth $474 Million by 2025
The global portable power station market size is expected to grow from an estimated USD 330 million in 2020 to USD 474 million by 2025, at a CAGR of 7.5% from 2020-2025.

According to the new market research Portable Power Station Market by Operation Type, Technology Type (Lithium-ion, Sealed Lead Acid), Capacity Type (Less than 500 Wh, 500 Wh to 999 Wh, 1000 Wh to 1499 Wh, 1500 Wh and above), Application, and Region – Global Forecast to 2025″,published by MarketsandMarkets™,size is expected to grow from an estimated USD 330 million in 2020 to USD 474 million by 2025, at a CAGR of 7.5%. The drivers for this market are the increasing use of smart electronic devices, growing demand for uninterrupted and reliable power, and stringent emission rules across regions such as Asia Pacific, North America, South America, Europe, and Middle East & Africa. The market is segmented by operation type, technology type, capacity type, application, and region.

 

By operation type, direct power is expected to dominate the Portable Power Station Market.

The market is segmented by operation type into direct power and solar power. Direct power accounted for the larger share of the Portable Power Station Market in 2019. The direct power market is driven by the growing emphasis on less charging time and reduced cost in regions such as North America, Europe, and Asia regions. In addition, direct power-based portable power stations do not cause loss of supply or self-discharge, and they also do not require any additional accessory.

 

Browse in-depth TOC on “Portable Power Station Market”

143 – Tables

30 – Figures  

175 – Pages

 

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23592113

 

By technology type, lithium-ion is projected to have a higher growth rate in the Portable Power Station Market.

The market is segmented by technology type into lithium-ion and sealed lead acid. The lithium-ion segment is estimated to lead the market and is also expected to register a higher CAGR. The increasing need for high durability, high energy density, and faster charging, and availability of lithium-ion at affordable prices drive the growth of this segment.

 

North America is expected to dominate the global Portable Power Station Market.

North America was the largest Portable Power Station Market in 2019, driven mainly by power outages, increasing use of smart electronic devices, and growing number of camping and outdoor recreational activities in countries such as the US, Canada, and Mexico. Portable power stations are being increasingly implemented to effectively power smart electronic devices during such events so that people can stay connected.

 

Inquiry Before Buying:

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=23592113

 

To provide an in-depth understanding of the market’s competitive landscape, the report includes the profiles of some of the top manufacturers in the Portable Power Station Market. These players include Goal Zero (US), Jackery (US), Duracell (US), Milwaukee Tool (US), Anker Technology (England), Indiegogo (US), EcoFlow (US), and Lion Energy (US).

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
Content Source: https://www.marketsandmarkets.com/PressReleases/portable-power-station.asp

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/portable-power-station-market-23592113.html