South 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)

South 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 South America is expected to grow from US$ 9.04 million in 2021 to US$ 10.48 million by 2028; it is estimated to grow at a CAGR of 2.1% from 2021 to 2028.

Power outages have serious economic and social consequences on communities worldwide, particularly in developing countries. The modern lifestyle of people and the rising use of consumer devices are the key factors contributing to the growing dependence on power. The high reliance on electricity limits society's tolerance for power outages, highlighting the need to improve power grid resilience against natural disasters. Although outages are low-probability events, even one extreme event can be disastrous for systems in energy infrastructure. Storms and intense weather conditions such as high gusts, searing heat, or freezing rain are the most common causes of power outages. Further, some outages, such as rolling blackouts and brownouts, also occur when there isn't enough power to run the electrical system. Power outages are more likely to occur in locations that lack the necessary utility infrastructure to serve a densely populated area. During power outages and emergencies, a portable power station plays a vital role in keeping important gadgets such as medical equipment, radios, appliances, and smartphones charged and operational. Many power stations contain both normal AC outlets and USB ports, allowing people to charge their multiple devices at the same time. Portable power stations have distinct benefits over standard generators—they do not require the use of fuel, kerosene, or propane to operate. This saves money and effort on engine maintenance, and makes battery backups far safer for indoor use.

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 South America portable power station market at a good CAGR during the forecast period.

South America Portable Power Station Market Revenue and Forecast to 2028 (US$ Million)

South 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

Brazil Argentina Rest of SAMSouth America Portable power station market - Companies Mentioned

Eco Flow Drow Enterprise Co., Ltd. Duracell Inc. SHENZHEN CHAFON TECHNOLOGY CO., LTD Lion Energy, LLC Hyundai Power Products

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America portable power station market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the South America portable power station market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South America market trends and outlook coupled with the factors driving the portable power station market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution