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2021
Japan Portable Power Station Market

Japan Portable Power Station Market

by Capacity (Less than 500 Wh, 501-1, 000 Wh, 1, 001-1, 500 Wh, and 1, 500 Wh or more), Application (Emergency Power, Off-Grid Power, and Automotive) and Sales Channel (Online and Offline): Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A14964
Pages: 103
Dec 2021 | 2428 Views
Author(s) : Prakhar J , Eswara P
Tables: 49
Charts: 22
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COVID-19

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Japan Portable Power Station Market Growth - 2030

The Japan portable power station market size was valued at $137.9 million in 2020, and is projected to reach $225.5 million by 2030, growing at a CAGR of 5.1% from 2021 to 2030. Portable power stations are used for long-term energy supply through capture, storage, and electricity supply in immediate manner while achieving sustainability as compared to conventional power stations in Japan. Portable power stations enable a modular, smarter, and more resilient power generation infrastructure through peak demand management. Increased integration of renewable energy is possible in portable power stations. Portable power stations provide electricity in a plug-and-play manner and generate power in a couple of moments. Furthermore, they aid in the reduction of carbon dioxide (CO2) emissions. During peak shifting, portable power stations can provide additional electricity. They also support grid networks at a short notice, for any period of time or seasonally, if required. Traditionally, portable power stations are suitable for power outages and long-term energy supply whenever there’s an immediate or emergency need of electricity.

COVID-19 pandemic outbreak in Japan has resulted in halting of industrial manufacturing activities amid government imposed lock down measures. Due to this the demand for portable power station is expected to decline which is likely to hamper the growth of the market during the forecast period.

Increased use of smart grid services, ageing electricity grid infrastructure, and increased use of power in remote places are all key drivers of the Japan market. In remote places, developing countries must provide reliable access to power. Traditional centralized networks are incapable of providing cost-effective basic electricity to neglected areas in a timely manner. The potential for remote and dispersed power systems to supply electricity around the world is expected to increase the portable power station market in Japan during the forecast period.

Japan-Portable-Power-Station-Market

Concerns about CO2 and greenhouse gas emissions have motivated significant investments in renewable energy generation in Japan. Portable power stations are commonly used to store renewable energy and provide power when it is needed. Therefore, it is expected that during the forecast period, the technological shift towards renewable energy generation will promote the development of the Japan market for portable power station. The portable power station provides a reliable power source through the AC inlet and the USB socket. Furthermore, power station is widely used because they can be easily transported to remote areas. Therefore, more and more consumers are willing to invest in portable power station for personal use, which is expected to promote the development of the Japan portable power station market during the forecast period. The lack of awareness of the usefulness of portable power station in reducing energy costs and carbon dioxide emissions in developing countries is a major limiting factor in the Japan market.

The Japan portable power station market analysis has been done into capacity, application, and sales channel. 

By capacity, it is fragmented into less than 500 Wh, 501-1,000 Wh, 1,001-1,500 Wh, and 1,500 Wh or more. By application, it is classified into emergency power, off-grid power and automotive. By sales channel, it is fragmented into online and offline. 

The major companies profiled in this Japan portable power station industry report include Anker Technology, Bluetti, Ecoflow, Jackery Inc., Lion Energy, Suaoki, Chilwee Group Co., Ltd., Ges Group Limited Company, Mitsubishi corporation and Alpha ESS Co., Ltd. 

Japan Digital Textile Printing Market, By Type

501-1,000 Wh segment dominates the Japan portable power station market. The 501-1,000 Wh portable power backup package provides electricity from AC outlets for cell or emergency electricity, offering a chargeable source of electricity for home, work, or camping needs. It is safe for indoor use with silent operation and no fuel requirements or fumes. With its portable size, it is great for traveling companions for RV's. In June 2020, EcoFlow introduced its latest product R600 on Kickstarter, a U.S.-based public benefit corporation, raised over$ 2.8 million in 2019. The new R600 series is designed to cater to needs of customers. Every R600 series product comes with X-link; the function enables two R600s to connect and double their power output and capacity. 

Japan Portable Power Station Market
By Type

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501-1,000 watt-hours is projected to create abundant $ opportunity till 2030

Japan Portable Power Station Market, By Application

Emergency power dominates the Japan portable power station market. The electronics sector engages in a number of activities such as design, development, production, assembly, and distribution of sales channels. Widespread availability of internet offerings and their low cost, numerous customers can make use of numerous gadgets on the same time. Rise in trend of putting gadgets on-line and spending extra time in the front of the display screen is necessitating the installation of a power supply to experience limitless entertainment. Consumer gadgets that operate on electricity, together with online game systems, water purifiers, freezers, stoves, communication systems, television, radio systems, and music players have witnessed growth in use of household applications. 

Japan Portable Power Station Market
By Application

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Emergency Power segment is projected as the most lucrative segment.

Japan Portable Power Station Market, By Sales Channel

Offline segment dominates the Japan portable power station market. Offline sales channel includes traditional distribution network, new electrical outlets, modern retail stores, wholesale distributors, brick and mortar shops and others

Japan Portable Power Station Market
By Sales Channel

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Offline is projected to create abundant $ opportunity till 2030

COVID-19 analysis:

As people remain isolated in their homes, COVID19 continues to have a major impact on tourism and air travel globally. Closed destinations and hotels, as well as travel restrictions, camping and outdoor recreation will affect travel and tourism. According to data from the World Tourism Organization (UNWTO), all tourist destinations in the world have implemented travel restrictions, 97 destinations (45%) have totally or partially closed their tourist borders, and 65 destinations (30%) have been totally or international flights partially suspended, and 39 destinations (18%) are closing borders, prohibiting passengers from certain countries of origin. Additionally, impact of COVID-19 on camping and other outdoor industry affecting portable power station sales. The above restrictions have directly impacted the portable power station market in Japan. 

Key benefits for stakeholders

  • This report provides a detailed quantitative analysis of the current Japan portable power station trends and estimations from 2020 to 2030, which assists to identify the prevailing opportunities. 
  • An in-depth Japan portable power station analysis is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate specific plans.
  • A comprehensive analysis of the factors that drive and restrain the growth of the Japan portable power station is provided.
  • Japan market conditions are comprehensively analyzed in this report.
  • The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2030 in terms of value and volume.
  • Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the Japan portable power station.

Japan Portable Power Station Market Report Highlights

Aspects Details
By Type
  • Less than 500 Wh
  • 501-1,000 Wh
  • 1,001-1,500 Wh
  • 1,500 Wh or more
By Application
  • Emergency Power
  • Off- Grid
  • Automotive
By Sales Channel
  • Online
  • Offline
Key Market Players Anker Technology, Bluetti, Ecoflow, Jackery Inc., Lion Energy, Suaoki, Chilwee Group Co., Ltd., Ges Group Limited Company, Mitsubishi corporation, Alpha ESS Co., Ltd.
 

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The portable power station market is moving toward growth stabilization phase in its industry life cycle. The factors driving the growth of the market for portable power station include rise in demand for emergency power, off-grid power, and automotive. The portable power station is safe, reliable, noise-free, easy to use, low-maintenance, and inexpensive.

Surge in emphasis on camping and outdoor recreation and increase in use of smart electronic devices drive the growth of the portable power station market. Furthermore, the increase in popularity of solar equipment and portable solar power stations are expected to drive the growth of the portable power station market during the forecast period.

Increase in distributed energy resources, and decrease in cost of renewable power generation majorly contribute toward the market growth. In addition, surge in demand for smart electronic devices is one of the key factors driving the growth of the market. The market growth of portable power station is expected to grow at a notable pace as people started to return to the society after the outbreak of pandemic as lockdown restrictions were lifted; thus, many people planned to take outdoor activities while using electronic devices. This, fuels the growth of the portable power station market during the forecast period.

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FREQUENTLY ASKED QUESTIONS?

A. The surge in need for connection and the ability to stay online for extended periods is propelling the Japan portable power station market growth. Another important reason fueling the rise of portable power stations in Japan is the increase in usage of smart electronics devices.

A. The market players are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products which are expected to drive the market size.

A. The report sample for global Japan Portable Power Station Market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. Anker Technology, Bluetti, Ecoflow, Jackery Inc., Lion Energy, Suaoki, Chilwee Group Co., Ltd., Ges Group Limited Company, Mitsubishi corporation and Alpha ESS Co., Ltd.

A. Emergency Power segment holds the maximum share of the Japan portable power station market

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Emergency power users are the potential customers of portable power station industry

A. The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the Japan portable power station market from 2020 to 2030 to determine the prevailing opportunities. A comprehensive analysis of the factors that drive and restrict the growth of the market is provided. Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume. Profiles of leading players operating in the market are provided to understand the global competitive scenario. The report provides extensive qualitative insights on the significant segments exhibiting favourable market growth.

A. Emerging trend to adopt healthy lifestyle and to distract one from mundane chores, consumers are preferring long duration recreational activities that involve trekking, long drives, picnics, and others. To stay connected on such activities is propelling the Japan portable power station market.

A. Emergency power and off-grid applications are expected to drive the adoption of Japan Portable Power Station.

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