Project Name "The Royal Garden" Project Item No.
Portable Power Station Market by Power Source (Direct, Hybrid), Technology (Lithium-ion, Sealed lead-acid), Capacity (0–100, 100–200, 200–400, 400–1000, 1000–1500, ≥1500Wh), Sales Channel (Online, Offline), Application, Region - Global Forecast to 2026
The global portable power station market size is expected to grow from an estimated USD 358 million in 2021 to USD 494 million by 2026, at a CAGR of 6.7 %. This growth is attributed to the increase in the use of smart electronic devices and the requirement for uninterrupted power across applications such as emergency power, off-grid power, and automotive.
Portable Power Station Market Dynamics
Driver: Rising use of smart electronic devices is likely to increase the sale of portable power stations.
The global electronics industry consists of organizations involved in the assembly, manufacturing, design, and development of electronic components and equipment. The electronics industry is one of the innovative and fast-evolving industries. The competition is fierce, and companies are always looking to bring the latest technology to the market first. The electronics manufacturing industry is divided primarily into four segments, namely, consumer products, industrial products, government products, and electronic components. However, the key focus in recent years has been on consumer products, which include alarm systems, home intercommunication systems, electronic ovens, personal computers, video game systems, radios, smartphones, DVD players, cell phones, and televisions. There is a high growth opportunity for consumer electronics products due to increasing investments in applications such as smart homes, smart cars, and smart cities. These applications require consumers to remain connected regardless of the platform, and they need the latest smart devices to help them stay connected. This is expected to drive the demand for portable power stations.
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