North America 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 North America is expected to grow from US$ 87.31 million in 2021 to US$ 119.16 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.
Changing lifestyles and attitudes, demographics, rising spending powers, and physical and emotional benefits encourage consumers to participate in outdoor recreational activities. Outdoor recreational activities can also aid in a healthy work-life balance. A surge in people’s participation in outdoor recreational activities indicates significant potential for the growth of the portable power station market in North America. Camping is becoming a popular leisure activity in the US, and over 40.5 million people participated in these activities in 2016. This number encompasses travelers who camp in automobiles and tents, recreational vehicles, and backyards. A portable power station can be used to power a mini-fridge to keep meat and seafood fresh and light up the camping venue. According to the North American Camping Report of 2019, the annual count of camping households in the US has climbed by 7 million since 2014, and the percentage of people preferring camping activities has increased by 72%. In addition to the increasing number of new campers, 38% of the Gen X population and 32% of millennials have begun to go camping regularly.
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 North America portable power station market at a good CAGR during the forecast period.
North America Portable Power Station Market Revenue and Forecast to 2028 (US$ Million)
North America 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
US Canada Mexico North America 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. Midland Radio Corporation Hyundai Power Products
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