Portable Power Station Market Share

North America Market Analysis

On the basis of geographical analysis, the portable power station market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is anticipated to dominate majority revenue share by 2036, on the back of high electricity consumption, notable user base of smart device users and growing emphasis on outdoor activities. According to U.S. Energy Information Administration, the total energy consumption in 2019 was 100.17 quadrillion Btu. Among all the sectors, electric power held the largest share, accounting to 37% of the total energy consumed. In addition to these, stringent rules and protocols related to the emissions of greenhouse gases is also predicted to drive growth to this region’s market in the future. Moreover, Asia Pacific is expected to witness the highest CAGR in the market during the forecast period owing to increasing investments in the renewable energy sector and rising technological advancements in IT industry in the region.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of portable power station is estimated at USD 561.99 million.

Portable Power Station Market size was valued at USD 533.4 million in 2023 and is likely to reach USD 1.23 billion by 2036, expanding at around 6.7% CAGR during the forecast period i.e., between 2024-2036. Increasing number of smart devices users globally and growing use of power in remote Areas will propel the market growth.

North America is anticipated to dominate majority revenue share by 2036, on the back of high electricity consumption, notable user base of smart device users and growing emphasis on outdoor activities.

The major players in the market are Jackery Inc., Goal Zero LLC, EcoFlow, Duracell Inc., Genpower Ltd, and others.

Portable Power Station Market Share