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.
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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)
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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Portable power station market in Europe by source, technology, and geography - Forecast and analysis 2022-2026 – size is estimated to increase by USD 26.42 million from 2021 to 2026, with an accelerated CAGR of 5.24%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by source (hybrid and direct) and technology (lithium-ion and sealed lead-acid).
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
Growth momentum & CAGR
Accelerate at a CAGR of 8.59%
Market growth 2023-2027
USD 179.21 million
YoY growth (%)
APAC, North America, Europe, the Middle East and Africa, and South America
APAC at 36%
US, Saudi Arabia, China, Australia, and Germany
Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
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
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global portable power station market 2017 - 2021
4.2 Geography Segment Analysis 2017 - 2021
4.3 Application Segment Analysis 2017 - 2021
4.4 Technology Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 Off-grid power - Market size and forecast 2022-2027
6.4 Emergency power - Market size and forecast 2022-2027
6.5 Automotive - Market size and forecast 2022-2027
6.6 Market opportunity by Application
7 Market Segmentation by Technology
7.1 Market segments
7.2 Comparison by Technology
7.3 Lithium-ion - Market size and forecast 2022-2027
7.4 Sealed lead-acid - Market size and forecast 2022-2027
7.5 Market opportunity by Technology
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
9.4 North America - Market size and forecast 2022-2027
9.5 Europe - Market size and forecast 2022-2027
9.6 Middle East and Africa - Market size and forecast 2022-2027
9.7 South America - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 China - Market size and forecast 2022-2027
9.10 Germany - Market size and forecast 2022-2027
9.11 Australia - Market size and forecast 2022-2027
9.12 Saudi Arabia - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 AIMTOM Co. Ltd.
12.4 Allpowers Industrial International
12.5 Anker Technology UK Ltd.
12.6 Bluetti Power Inc.
12.7 ChargeTech Inc.
12.8 Drow Enterprise Co. Ltd.
12.9 EcoFlow Inc.
12.10 Goal Zero LLC
12.11 Jackery Inc.
12.12 Klein Tools Inc.
12.13 Li power Shenzhen technology Co. Ltd.
12.14 Lion Energy
12.15 Midland Radio Corp.
12.16 Milwaukee Electric Tool
12.17 The Duracell Co.
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
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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