Portable Power Station Market Size

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

The growth of the market can be attributed to increasing users of smart electronic devices around the world, aging electricity grid infrastructure and rising usage of power in remote areas. The number grew up to 3.5 billion in the following year, i.e., 2020. Along with these, growing need for uninterrupted power across applications and escalating consumer investments in portable power stations are also expected to boost market growth in the coming years. Moreover, rise in the number of recreational activities such as camping and fishing is assessed to offer lucrative opportunities to the market in the near future.