Portable Power Device Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 20.2 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
The global portable power device market was valued at approximately USD 14.2 billion in 2022 and is projected to reach around USD 21.8 billion by 2027. This growth represents a Compound Annual Growth Rate (CAGR) of 8.6% over the forecast period. The increasing demand for portable power solutions across various sectors, including consumer electronics, outdoor activities, and emergency preparedness, is driving this market expansion. Additionally, the growing adoption of renewable energy sources and technological advancements in battery storage and energy efficiency are further boosting market prospects.
Opportunity analysis indicates significant potential in emerging markets where infrastructure development and economic growth are spurring the demand for portable power devices. Regions such as Asia-Pacific and Latin America are experiencing rapid urbanization and increasing consumer spending, creating lucrative opportunities for market players. Innovations in battery technology, such as faster charging times and longer lifespan, are also expected to enhance market growth. As consumers and businesses increasingly seek reliable and efficient portable energy solutions, the market is poised for substantial development in these high-growth regions.
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Altair Nanomaterials
Angstrom Power
Asahi Glass
Ballard
BASF
Ceramic Fuel Cells
GrafTech International
Heliocentris Fuel Cells
Johnson Matthey
Manhattan Scientifics
Masterflex
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Portable Power Device Market
Smartphone
Tablet
Portable Devices
Others
Based on Types the Market is categorized into Below types that held the largest Portable Power Device market share In 2023.
Li-ion
Nickel Metal Hydride
Li-Polymer
Nickel Cadmium
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Portable Power Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Portable Power Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Portable Power Device Market, By Type
6. Global Portable Power Device Market, By Application
7. Global Portable Power Device Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Portable Power Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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