Asia Pacific Portable Power Station Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Direct Power and Solar Power), Capacity (Below 500 Wh, 500-1500 Wh, and Above 1500 Wh), Application (Emergency Power, Off-grid Power, and Others), and Battery Type (Sealed Lead Acid Battery and Lithium-Ion Battery)
The portable power station market in Asia Pacific is expected to grow from US$ 45.89 million in 2021 to US$ 69.71 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.
In remote locations of developing countries, traditional centralized networks are incapable of addressing the basic, cost-effective electricity needs in time. The potential of remote and dispersed power systems to supply electricity across the world is supporting the portable power station market growth in developing countries. Concerns about CO2 and greenhouse gas emissions have attracted considerable investments in renewable energy generation worldwide. Portable power stations are frequently used to store renewable energy and provide electricity, as needed. Thus, the portable power stations market is predicted to grow during the forecast period with the technological transformations in renewable energy generation. The AC inlet and USB socket on portable power stations constitute a reliable power source. Furthermore, power stations are gaining considerable popularity as their reach can be extended to remote locations. As a result, a large number of customers are prepared to invest in portable power stations for personal use, which is driving the market progress.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific portable power station market at a good CAGR during the forecast period.
Asia Pacific Portable Power Station Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Portable Power Station Market Segmentation
By Type
Direct Power Solar Power By Capacity
Below 500 Wh 500-1500 Wh Above 1500 Wh By Application
Emergency Power Off-Grid Power Others By Battery Type
Sealed Lead Acid Lithium-Ion By Country
Australia China Japan India South Korea Rest of APACAsia Pacific Portable Power Station Market - Companies Mentioned
Eco Flow Drow Enterprise Co., Ltd. Duracell Inc. SHENZHEN CHAFON TECHNOLOGY CO., LTD Lion Energy, LLC Goal Zero Jackery Inc. ALLPOWERS Industrial International Co., Ltd.
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