Pune, India, Sept. 08, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global portable lithium power station market accounted for USD 102 million in 2020 and is poised to witness a healthy growth rate of 12% over 2021-2027, to amass USD 225 million by the end of 2027.
The research meticulously studies the segments of this industry, including type, capacity, sales channel, application, end-user, and regions. The geographical analysis included in the study separately examines each segment at the global, regional, and country levels. It also assesses the scope of the competition in this market by looking at the financials, recent changes, and product offerings of key market participants.
Increasing demand for electric cars, with its complementing rise in usage of lithium batteries, rising demand for constant electric supply, and growing demand for uninterrupted and reliable power for electronic devices are some of the major factors driving the global portable lithium power station market growth.
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Portable lithium power stations are likely to see an increase in sales due to the growing demand for smart electronic devices, particularly alarm systems, smart watches, home intercommunication systems, wearables, personal computers, electronic ovens, video game systems, smartphones, radios, laptops, and televisions.
These power stations are small, portable, easy to use, and accessible in remote locations. As a result, more residential consumers are prepared to make investments in portable lithium power stations, which is expected to fuel the market growth throughout the forecast period.
Whereas, factors such as the high cost of manufacturing and establishing lithium battery plant are estimated to decelerate the growth momentum of this industry during the study timeline.
Market Segmentation Overview
By type the market is split into solar power and direct power. In terms of capacity type this business space is divided into less than 500 WH, 1,000 WH to 1,499 WH, 500 WH to 999 WH, and 1,500 WH and Above.
By sales channel type the global portable lithium power station market is bifurcated into brick-and-mortar and e-commerce platforms. Based on application the market is segregated into emergency power, automotive, and off-grid. In regard to end-user scope, this market space is segmented into industrial, residential, and commercial space.
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Elaborating regional landscape
By regional terrain, the portable lithium power station market is spread across Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America has emerged as a significant region in terms of market share and is expected to exhibit a healthy CAGR through 2021-2027 owing to higher demand for electric vehicles as well as higher per capita income.
Asia-Pacific is expected to exhibit sustainable returns for the forecast period due to the growing electronic industry and rising disposable income.
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Global Portable Lithium Power Station Market by Type (Revenue, USD Million, 2018-2027)
- Direct Power
- Solar Power
Global Portable Lithium Power Station Market by Capacity (Revenue, USD Million, 2018-2027)
- Less Than 500 WH
- 1,000 WH to 1,499 WH
- 500 WH to 999 WH
- 1,500 WH and Above
Global Portable Lithium Power Station Market by Sales Channel (Revenue, USD Million, 2018-2027)
- E-commerce
- Brick & Mortar
Global Portable Lithium Power Station Market by Application Model (Revenue, USD Million, 2018-2027)
- Automotive
- Emergency Power
- Off-grid
Global Portable Lithium Power Station Market by End-user (Revenue, USD Million, 2018-2027)
- Industrial
- Commercial
- Residential
Global Portable Lithium Power Station Market by Regional Analysis (Revenue, USD Million, 2018-2027)
Latin America
- Mexico
- Brazil
Asia Pacific
- India
- South Korea
- Japan
- China
- Southeast Asia
- Australia
- Rest of Asia Pacific
Europe
- UK
- France
- Russia
- Germany
- Italy
North America
- Canada
- U.S.
Rest of the World
Global Portable Lithium Power Station Market by Competitive Landscape (Revenue, USD Million, 2018-2027)
- AIMTOM
- Westinghouse Electric Corporation
- Goal Zero
- Shenzhen Enyuda Technology Co., Ltd. (Aeiusny)
- Bluetti
- Portable Power Technology Ltd.
- ALLPowers Industrial International Co., Ltd.
- EcoFlow
- EGO POWER+
- Jackery Inc.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Portable Lithium Power Station Market, by Type, 2019-2027 (USD Billion)
1.2.2. Portable Lithium Power Station Market, by Capacity, 2019-2027 (USD Billion)
1.2.3. Portable Lithium Power Station Market, by Sales Channel, 2019-2027 (USD Billion)
1.2.4. Portable Lithium Power Station Market, by Application, 2019-2027 (USD Billion)
1.2.5. Portable Lithium Power Station Market, by End Use, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Portable Lithium Power Station Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Portable Lithium Power Station Market Dynamics
3.1. Portable Lithium Power Station Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rising demand from electronic industry
3.1.1.2. Growing electric automotive industry
3.1.2. Market Challenges
3.1.2.1. High cost of manufacturing and establishing lithium battery plant
3.1.3. Market Opportunities
3.1.3.1. Growing demand for constant electric supply
Chapter 4. Global Portable Lithium Power Station Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Portable Lithium Power Station Market, by Type
5.1. Market Snapshot
5.2. Global Portable Lithium Power Station Market by Type, Performance - Potential Analysis
5.3. Global Portable Lithium Power Station Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Portable Lithium Power Station Market, Sub Segment Analysis
5.4.1. Direct Power
5.4.2. Solar Power
Chapter 6. Global Portable Lithium Power Station Market, by Capacity
6.1. Market Snapshot
6.2. Global Portable Lithium Power Station Market by Capacity, Performance - Potential Analysis
6.3. Global Portable Lithium Power Station Market Estimates & Forecasts by Capacity 2018-2027 (USD Billion)
6.4. Portable Lithium Power Station Market, Sub Segment Analysis
6.4.1. Less Than 500 WH
6.4.2. 500 WH to 999 WH
6.4.3. 1,000 WH to 1,499 WH
6.4.4. 1,500 WH and Above
Chapter 7. Global Portable Lithium Power Station Market, by Sales Channel
7.1. Market Snapshot
7.2. Global Portable Lithium Power Station Market by Sales Channel, Performance - Potential Analysis
7.3. Global Portable Lithium Power Station Market Estimates & Forecasts by Sales Channel 2018-2027 (USD Billion)
7.4. Portable Lithium Power Station Market, Sub Segment Analysis
7.4.1. E-commerce
7.4.2. Brick and Mortar
Chapter 8. Global Portable Lithium Power Station Market, by Application
8.1. Market Snapshot
8.2. Global Portable Lithium Power Station Market by Application, Performance - Potential Analysis
8.3. Global Portable Lithium Power Station Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
8.4. Portable Lithium Power Station Market, Sub Segment Analysis
8.4.1. Emergency Power
8.4.2. Off-grid
8.4.3. Automotive
Chapter 9. Global Portable Lithium Power Station Market, by End Use
9.1. Market Snapshot
9.2. Global Portable Lithium Power Station Market by End Use, Performance - Potential Analysis
9.3. Global Portable Lithium Power Station Market Estimates & Forecasts by End Use 2018-2027 (USD Billion)
9.4. Portable Lithium Power Station Market, Sub Segment Analysis
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
Chapter 10. Global Portable Lithium Power Station Market, Regional Analysis
Related Report:
Global Electric Vehicle Charging Station Market Size study and Regional Forecasts 2021-2027
Global Electric Vehicle Charging Station Market to reach USD 65.98 billion by 2027.Global Electric Vehicle Charging Station Market is valued approximately at USD 5.03 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 44.44% over the forecast period 2021-2027. Growing investment by government for expanding electric vehicle charging infrastructure to encourage the adoption is majorly driving the demand. Such as in August 2021, under Future Fuels Fund, Australian government announced to invest USD 18.45 million to build 403 new fast charging stations for EVs across Australia.
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