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Rising integration of portable energy storage systems with smart home technologies to enhance their functionality, ensure continuous power supply for smart devices, fostering industry growth. Furthermore, decreasing cost of advanced battery technologies and increasing investments in making energy storage solution more affordable accessible to a broader audience are stimulating business statistics.
AceOn Group, Anker Innovations Co., Ltd, ATGepower, Bluetti Power, Chint Global, EcoFlow, Goal Zero, Jackery Technology GmbH, Jiangsu Senji New Energy Technology Co., Ltd., Jiangxi Deti Intelligent Power Co. LTD, Jntech Renewable Energy Co., Ltd, and Zhejiang Xili New Energy Co., Ltd.
Asia Pacific portable energy storage systems market is expected to surpass USD 8.1 billion by 2032, with rising populations and urbanization in China, India, and Southeast Asia boosting demand for reliable power solutions.
The market size of portable energy storage systems was worth over USD 3.5 billion in 2023 and is set to register about 23.8% CAGR through 2032, driven by advances in battery technology, enhancing efficiency and lifespan.
Lithium-ion technology segment in the portable energy storage systems market is expected to exceed USD 17 billion by 2032, because of their superior energy density and longer cycle life compared to other battery technologies.