Lithium-ion is expected to dominate the portable power station market.
The lithium-ion segment is estimated to hold a larger share of the market during the forecast period.The anticipated growth of this segment is attributed to the availability of lithium-ion at affordable prices for portable power station operations in regions such as North America, Europe, and Asia Pacific.
The demand for lithium-ion technology is driven further by reduced operational costs for customers.
500 Wh to 999 Wh segment is expected to dominate the global portable power station market.The 500 Wh to 999 Wh segment is expected to be the largest, by capacity type, during the forecast period. The growth of this segment is owing to the rising demand for additional power capacity and charging electronic appliances with high power requirements across North America, Europe, and Asia Pacific regions.
North America is expected to lead the portable power station market, in terms of value.North America is the largest market for portable power stations globally, followed by Asia Pacific and Europe. The region is also projected to be the fastest-growing market during the forecast period owing to the increasing use of smart electronics and the rising number of incidences of power outages in countries such as the US, Canada, and Mexico.
Market Share by Region: North America – 49.5%, Asia Pacific – 27.0%, Europe – 22.3%, Middle East and Africa – 0.7%, South America – 0.5%
Note: “Others” includes sales managers, marketing managers, product managers, and product engineers.
The global portable power station market is dominated by leading players that have an extensive regional presence. The leading players include Goal Zero (US), Jackery (US), Duracell (US), Milwaukee Tool (US), Anker Technology (England), Indiegogo (US), EcoFlow (US), and Lion Energy (US).