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Portable Power Station Market Size to Reach USD 5.8 Billion by 2039 at CAGR 4.1% - Valuates Reports

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Valuates Reports

24 Jan, 2022, 13:00 GMT

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BANGALORE, India, Jan. 24, 2022 /PRNewswire/ -- The Portable Power Station Market is Segmented by Capacity (Less than 500 Wh, 501-1,000 Wh, 1,001–1,500 Wh, and 1,500 Wh or more) and Application (Emergency Power, Off-Grid Power, and Automotive). The report covers global opportunity analysis and industry forecasts from 2021 to 2030.

The global portable power station market size was valued at USD 3.9 Billion in 2020 and is projected to reach USD 5.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.1% from 2021 to 2030.

Major Factors Driving The Growth Of The Portable Power Station Market Are:

The Portable Power Station market is being driven by rising usage of smart grid services, increase in outages, whenever there's an immediate or emergency need of electricity and increased use of power in remote locations.

Through peak demand management, portable power stations provide a modular, smarter, and more robust power generation infrastructure. Portable power stations are plug-and-play devices that create electricity in a matter of seconds. This characteristic is predicted to propel the portable power station market forward.

Furthermore, they contribute to the decrease of CO2 emissions. Portable power stations can provide more electricity at peak shifting. If needed, they can also maintain grid networks on short notice, for any period of time or seasonally. These benefits are projected to fuel the portable power station market's expansion.

Get your sample today: https://reports.valuates.com/request/sample/ALLI-Manu-1W60/Portable_Power_Station_Market

Trends Influencing The Growth Of The Portable Power Station Market :

Developing countries must ensure that power is available in remote areas. Traditional centralized networks are unable to provide basic electricity to underserved areas in a timely and cost-effective manner. During the forecast period, the portable power station market in developing nations is predicted to grow due to the possibility for remote and dispersed power systems to supply electricity around the world.

Concerns about CO2 and greenhouse gas emissions have also prompted considerable global investments in renewable energy development. Portable power stations are frequently utilized to store renewable energy and deliver electricity when needed. This shift in trend for renewable energy generation is expected to drive the growth of the portable power stations market.

The AC inlet and USB socket on the portable power station provide a reliable power source. Furthermore, power stations are popular because they are simple to transfer to remote locations. As a result, an increasing number of customers are prepared to invest in portable power stations for personal use, boosting the growth of the portable power station market.

However, a key limiting factor in the global market is a lack of awareness of the utility of portable power stations in decreasing energy costs and carbon dioxide emissions in developing nations.

Browse the Table of Contents and List of figures at: https://reports.valuates.com/reports/ALLI-Manu-1W60/portable-power-station

Portable Power Station Market Share Analysis:

Based on capacity, during the projected period, the 501-1,000 Wh category is expected to have the largest market share.

Based on application, the off-grid power category is expected to develop at the quickest rate during the forecast period, due to the increased usage of smartphones, as well as a growth in camping and other leisure activities,

Based on region, North America is projected to grow at the highest CAGR of nearly 4.1%, in terms of revenue, during the portable power station market forecast period. North America has the largest market share, owing to the presence of major portable power station manufacturers, particularly in the United States. Furthermore, the growing use of smart electronic devices is propelling this region forward.

Report Customization Request: https://reports.valuates.com/request/customisation/ALLI-Manu-1W60/Portable_Power_Station_Market

The key players profiled in this report include Anker Technology, Bluetti, Duracell, EcoFlow, Goal Zero, Jackery, Lion Energy, Milwaukee Tool, Scott Electric, and Suaoki. The global portable power station market report provides in-depth competitive analysis as well as profiles of these major players.

Chapter Cost Request: https://reports.valuates.com/request/chaptercost/ALLI-Manu-1W60/Portable_Power_Station_Market

Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-1W60&lic=single-user

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SIMILAR REPORTS

-  The Japan portable power station market size was valued at USD 137.9 Million in 2020, and is projected to reach USD 225.5 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% from 2021 to 2030

-  The global energy as a service market size was valued at USD 54.4 Billion in 2020 and is projected to reach USD 112.7 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.6% from 2021 to 2030

-  The global renewable energy market was valued at USD 881.7 Billion in 2020, and is projected to reach USD 1,977.6 Billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.

-  The global Residential Energy Storage market size is projected to reach USD 13910 Million by 2027, from USD 6716.5 Million in 2020, at a CAGR of 12.9% during the forecast period 2022-2027

-  Global Lithium Portable Power Station Market Research Report 2021

-  Global Outdoor Portable Power Station Market Research Report 2021

-  Global Portable Charging Station Market Research Report 2021

-  Global Portable Lithium Energy Storage Market Research Report 2021

-  Global Level 2 Portable EV Charger Market Insights and Forecast to 2028

-  Global Energy Storage Market Size, Status and Forecast 2021-2027

To see the full list of related reports on the Portable Power Station

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

CONTACT US:

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call  +1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335
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