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Global portable lithium power station market size to accrue USD 225 million by 2027
Market Study Report
8 min read
Market Study Report
Market Study Report

The research report on ‘global portable lithium power station market’ analyzes the historic and current data to gather information that could be beneficial for available investment avenues in the ensuing years.

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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