Astute Analytica’s recent report on the global Europe Portable Power Station Market encompasses all of the factors that will impact the market in the coming years. The report covers a variety of topics, including the impact of COVID-19, shareholding segments, latest trends, future prospects, innovations, strategies, etc.
The Europe portable power station market generated a revenue of US$ 69.6 million in 2021 and is estimated to reach a valuation of US$ 120.3 million by 2030, at a CAGR of 6.6% over the forecast period 2022–2030.
Factors Influencing the Market
Favorable regulatory standards for tax breaks for infrastructure ventures are primarily driving the growth of the global Europe Portable Power Station Market. In addition, other factors like the rapidly growing urban population, technological advancements, and growing R&D activities will offer lucrative growth opportunities for market growth.
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However, risks associated with equipment handling and high machine costs are expected to stymie the growth of the Europe Portable Power Station market. This report on the global Industrial & Heavy Machinery Market outlines every subject impacting the market. The report offers both qualitative and quantitative analysis based on every segment.
COVID-19 Impact Analysis
Following the coronavirus pandemic, the Europe Portable Power Station market experienced a sharp decline in terms of revenue. The COVID-19 pandemic forced the imposition of a lockdown to reduce infection among the population across countries. Moreover, manufacturing companies rely heavily on the supply of raw materials and components from other countries around the world, which was halted during the pandemic. Thus, the negatively affected the global Europe Portable Power Station Market.
The Europe Portable Power Station market is sub-segmented into:
By Power Source
- Hybrid Power
- Direct Power
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- Sealed Lead-Acid
- Fossil Fuel
- 0-100 Wh
- 100-200 Wh
- 200-400 Wh
- 400-1,000 Wh
- 1,000-1,500 Wh
- 1,500 Wh and above
- Emergency Power (Power on-board)
- Off-grid Power
By Sales Channel
- Online Sales
- Direct Sales
- Western Europe
- The UK
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
Key Players Insights
EcoFlow, BluettiPower, Duracell, Jackery, and Lion Energy are top 5 players in the global portable power station market, and they are collectively holding over 40% market share.
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