According to the new market research report “Portable Power Supply – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Portable Power Supply market size is projected to grow from USD 3.78 billion in 2024 to USD 15.48 billion by 2030, at a CAGR of 26.50% during the forecast period (2024-2030).
- Global Portable Power Supply Market Size (US$ Million), 2019-2030
Source: QYResearch, “Portable Power Supply – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-20300”
- Global Portable Power Supply Top 19Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, “Portable Power Supply – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-20300”
This report profiles key players of Portable Power Supply such as EcoFlow, Shenzhen Hello Tech Energy, GOAL ZERO, Shenzhen Poweroak Newener, Suaoki, Allpowers, DBK Electronics, Westinghouse, ANKER, Pisen, JVC, SBASE, Lion Energy, Letsolar, YOOBAO, Newsmy, ORICO Technologies, FlashFish, Pecron, etc.
In 2023, the global top five Portable Power Supply players account for 59.02% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Portable Power Supply.
Market Drivers:
With the development of global outdoor sports, increasing energy shortages and frequent natural disasters, products meet user needs and the market space is huge.
Outdoor power supply belong to the new energy storage industry, promote the development of green energy, comply with the national new energy and carbon neutrality policies, and are supported by national policies.
Outdoor power supply use lithium batteries as batteries. With the recent upgrade of lithium battery performance and reduction in cost and price, the potential market for outdoor mobile power supplies has been further expanded.
Restraint:
At present, the Portable Power Supply industry has a high degree of product homogeneity and fierce price competition. The higher gross profit has also attracted the entry of large companies such as Huawei and Bull, and the market competition has become increasingly fierce.
Affected by global inflation, raw material prices remain at high levels, resulting in a decline in the company’s gross profit margin.
The downward pressure on the global economy is increasing, and the weakness in the global consumer market has spread to the energy storage industry.
Faced with fierce market competition, companies can only maintain market share by accelerating R&D and innovation, and R&D costs continue to increase.
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