Market Leaders - Portable Power Station Market
The global portable power station market is projected to reach USD 1.1 billion by 2028 from an estimated USD 0.5 billion in 2023, at a CAGR of 18.4% during the forecast period. The expansion of the market is propelled by several factors, including the rising utilization of smart electronic devices, a growing need for continuous and dependable power supply, and the implementation of strict emission regulations in the off-grid power sector.
The portable power stations market is supported by numerous international players who have a global presence and local players who possess a robust domestic supply network. Goal Zero (US), Jackery (US), Duracell (US), EcoFlow (US), Anker Innovations (US), and Lion Energy (US) are the market leaders in the global portable power station market. To expand their market share, these companies employ strategies like entering into contracts, agreements, as well as engaging in mergers and acquisitions.
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Goal Zero is a global retailer and provider of electronic equipment. The parent company of Goal Zero is NRG Energy (NYSE: NRG). Key products offered by company includes portable power stations, cable, lighting kits and solar panels, and product accessories, such as lights & lanterns and cords & adaptors. The company offers kits such as small power kits, medium power kits, and large power kits.
Goal Zero is offering portable power stations using lithium-ion and AGM lead-acid batteries. The company has a major operational presence in North America and Europe, and manufacturing facilities and corporate offices in US and China.
In 2021, Goal zero introduced the Yeti 1000X portable power station. The Yeti 1000X is used for outdoor applications such as for camping, tailgating, off-grid events, workshops, and emergency power.
Anker Innovations is a technology company that produces a wide range of electronic accessories, including portable power banks, chargers, and cables. Anker also offers a portable power station, which is a large-capacity battery pack that can be used to charge or power electronic devices.
The company’s portable power station are designed to cater to various scenarios such as camping, traveling, and providing backup power during power outages. These power stations are equipped with multiple USB ports, AC outlets, and DC outputs, allowing for the charging and powering of a diverse range of devices, including smartphones, laptops, tablets, and small appliances. Anker offers a range of portable power stations in different sizes and capacities, starting from compact devices with 155Wh capacity to larger versions exceeding 300Wh.
Anker Innovations operates globally in more than 100 countries and has a presence in North America, Europe, the Middle East, and Asia Pacific.
Duracell Inc. is a global manufacturer of specialty batteries and alkaline and rechargeable batteries. Duracell’s batteries power many devices such as game consoles, smoke detectors, heart rate monitors, torches, headphones, or toys such as the Hasbro Lightsaber.
The company's core objectives revolve around achieving sustainable growth, delivering value to customers, and fostering innovation. They specialize in offering powerpack and power source products, utilizing sealed lead-acid (SLA) batteries with capacities ranging from less than 500 Wh to 500–1000 Wh. The company leverages both solar power and direct power as energy sources. Their portable power station products find significant applications in emergency power, off-grid power, and the automotive sector. However, their primary emphasis is on emergency power solutions. With a global presence across North America, Europe, and the Asia Pacific, the company operates on an international scale.
Related Reports:
Portable Power Station Market by Technology (Lithium-ion, Sealed Lead Acid), Capacity (0-100, 100-200, 200-400, 400-1000, 1000-1500, >=1500 WH), Application (Emergency, Off-grid, Automotive), Power Source, Sales Channel, Region - Global Forecast to 2028
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