Changing lifestyles and attitudes, demographics, rising spending powers, and physical and emotional benefits encourage consumers to participate in outdoor recreational activities. Outdoor recreational activities can also aid in a healthy work–life balance. A surge in people’s participation in outdoor recreational activities indicates significant potential for the growth of the portable power station market in North America. Camping is becoming a popular leisure activity in the US, and over 40.5 million people participated in these activities in 2016. This number encompasses travelers who camp in automobiles and tents, recreational vehicles, and backyards. A portable power station can be used to power a mini-fridge to keep meat and seafood fresh and light up the camping venue. According to the North American Camping Report of 2019, the annual count of camping households in the US has climbed by 7 million since 2014, and the percentage of people preferring camping activities has increased by 72%. In addition to the increasing number of new campers, 38% of the Gen X population and 32% of millennials have begun to go camping regularly.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America portable power station market at a good CAGR during the forecast period.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 87.31 Million |
| Market Size by 2028 | US$ 119.16 Million |
| CAGR (2021 - 2028) | 4.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Portable Power Station Market is valued at US$ 87.31 Million in 2021, it is projected to reach US$ 119.16 Million by 2028.
As per our report North America Portable Power Station Market, the market size is valued at US$ 87.31 Million in 2021, projecting it to reach US$ 119.16 Million by 2028. This translates to a CAGR of approximately 4.5% during the forecast period.
The North America Portable Power Station Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Portable Power Station Market report:
The North America Portable Power Station Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Portable Power Station Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Portable Power Station Market value chain can benefit from the information contained in a comprehensive market report.
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