Portable Energy Storage Power Supplies Industry Research Report
Portable power supply is a kind of multifunctional portable energy storage power supply with built-in lithium-ion battery, which can reserve its own power and has AC output. Portable power supply is light weight, high capacity, high power, easy to carry, can be used indoors or outdoors, according to different use cases can choose conventional charging or solar charging. It can provide ultra-high-power AC AC interface and is configured with various types of DC output interfaces such as USB-A interface, USB-C interface, car charger interface, etc., which can not only be used as a backup power source for electric vehicles, but also suitable for various types of electronic products, and can be used as an outdoor power source and small backup power source for emergency situations such as power outages.
Portable power supply is basically in the cultivation period of the market before 2018, and ushered in the market outbreak during 2019-2021, and the sales of products began to develop rapidly. The market conformity growth rate over the past five years exceeded 110%, especially the online sales in these two years, which began to show more than explosive growth.
As China has a perfect power storage industry chain, China is now the world's largest manufacturing center, OEM for some of the world's leading brands. With the expansion of production capacity and the advantages of the industrial chain, China will remain the largest producer in the future, and the market share will continue to exceed 91%.
Products to large-capacity, fast charging, multi-interface development, the application of lithium batteries, product updates fast.
Portable power to effectively address the growing demand for outdoor power market pain points, the current penetration rate is low, the future development potential. The industry's high profitability will attract large battery manufacturers, consumer electronics processing companies, large enterprises with their own financial and technological advantages, will eliminate small and medium-sized enterprises in the industry. The direct materials required for production are mainly battery cells, inverters, electronic components and structural parts supplied by upstream suppliers, and there is no control over the raw materials, raw material market shortages or suppliers are unable to deliver on time as well as the quality of raw materials will adversely affect the company.
At the production level, China is currently the world's largest producer of portable energy storage power supplies, with a market share of approximately 91.23% in 2021, followed by North America with a market share of approximately 6.18%.
In terms of product type and technology, the two types of products with 500<capacity<1000Wh and capacity≥1000Wh have the best sales volume, reflecting that large-capacity, high-power and multi-purpose portable power supplies are more popular in the market. In terms of sales channels, the sales mode of portable power supply is mainly online, with sales through large e-commerce platforms being the most dominant sales mode.
China's upstream industry in the portable power supply in the global industry chain in the cost, technology, quality, supporting industry chain and other comprehensive advantage is obvious, and will continue to maintain the advantage in the foreseeable future. On the one hand, the raw materials of the portable energy storage industry include electric cores, electronic components, inverters, structural parts, etc., and the Chinese market is relatively well supplied, and has a certain advantage in the supply of raw materials. On the other hand, China's new energy industry has complete upstream and downstream supporting facilities, perfect infrastructure, and the business environment is continuously optimized, which contributes to the overall development of the industry chain. Therefore, this report is optimistic about portable energy storage power supply in the long term.
