According to investigation and research，The global portable power station market is expected to be US $300 million in 2020 and US $420 million in 2025. The compound annual growth rate during the forecast period (2020-2025) is 7%. The market is mainly driven by the growth of demand for intelligent electronic equipment and the increase of demand for uninterruptible power supply in downstream markets such as emergency power supply and automobile industry.
Portable power stations generally refer to generators that use rechargeable batteries as energy. They are equipped with AC and DC sockets, USB charging interfaces, etc. they can not only be used as the power source of small household appliances, but also charge smart devices such as mobile phones, tablet computers, and even some cars. They are necessary devices for outdoor camping.
By technology type, the lithium-ion battery market is expected to become the fastest growing market in the forecast period.
The market of portable power station is divided into lithium ion battery and sealed lead-acid battery according to the technical type. The lithium ion market is expected to grow rapidly during the forecast period. The increase was attributed to lower lithium-ion battery prices in North America, Europe and Asia Pacific. In addition, the use of lithium-ion batteries reduces the operating cost of portable power stations.
During the forecast period, North America is expected to be the largest market.
The market is divided into North America, Europe, China, Japan, Southeast Asia and India. Among them, North America is the world's largest portable power station market, which is mainly affected by the United States. The trend is expected to remain unchanged in the forecast period. The market in the region is driven by the increasing emphasis on camping and outdoor leisure activities, the increased use of intelligent electronic devices and the consequent demand for connectivity.