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All colleagues unite and focus their efforts to write a new chapter of development2021 Global and Chinese Portable Energy Storage Power Supply: Current Status and Market Development Forecast Analysis
所属分类： Industry News
发布时间：2022-07-06
Portable Energy storage power supply Short for “outdoor power supply,” it is a compact energy‑storage device that replaces traditional small gasoline generators, featuring a built-in lithium‑ion battery. It boasts high capacity, high power output, and safe, portable design, delivering a stable AC/DC voltage output. With battery capacities ranging from 100 Wh to 3,000 Wh, it comes equipped with multiple interfaces—including AC, DC, Type‑C, USB, and PD—compatible with mainstream electronic devices on the market. It is ideal for a variety of applications, such as outdoor adventures, emergency response, medical rescue, and field operations.
Current Supply and Demand Situation
With rapid technological innovation and the continuous evolution of business models and marketing strategies, the portable energy storage market has been experiencing rapid growth. According to data from the China Chemical and Physical Power Sources Industry Association, global shipments of portable energy storage devices stood at just 52,000 units in 2016, with a market size of only RMB 60 million; by 2020, global shipments had surged to 2.088 million units, and the market size had expanded to RMB 4.26 billion.
From a global production and sales perspective in 2020, China’s advantages in raw materials and labor costs have concentrated the majority of portable energy storage system manufacturing within its borders, accounting for 91.9% of total output. The United States and Japan follow, with shares of 3.2% and 2.1%, respectively. In terms of sales, the market is predominantly centered in the United States and Japan, representing 47.3% and 29.6% of total sales, respectively.
With the growth of e‑commerce platforms, global sales channels for portable energy storage products have gradually shifted from offline to online. In 2020, the COVID‑19 pandemic further accelerated the penetration of online channels, driving the online share from 38.0% in 2016 to 83.5% in 2020—a rise of 45.5 percentage points.
Portable energy storage systems are trending toward higher capacities; however, the 100 ≤ capacity < 500 Wh segment remains the market’s dominant category. In 2020, this segment accounted for 56.4% of the market, a decrease of 18.4 percentage points compared to 2016. Meanwhile, the 500 ≤ capacity < 1,000 Wh segment rose to 35.6%, up 13.4 percentage points from 2016, and the ≥1,000 Wh segment reached 8.0%, an increase of 5.0 percentage points over 2016.
Outdoor applications remain the largest market segment for portable energy storage systems, accounting for 45.1% in 2020. However, in recent years, driven by declining lithium‑battery costs and rising consumer purchasing power, the emergency‑power sector, along with vehicle charging, DIY projects, and other niche markets such as areas with limited grid access, has seen its share steadily increase. In 2020, the emergency‑power segment represented 42.2%, while other segments accounted for 12.7%.
Market Forecast
Driven by rising demand and technological advancements, the portable energy storage market is expected to evolve toward higher capacity and greater power output, boosting the per‑unit value of products and expanding the overall market size. By 2026, the global portable energy storage market is projected to exceed RMB 80 billion, reaching RMB 88.23 billion.
Related report: According to the “2022–2028 China Portable Energy Storage (PES) Industry Market Comprehensive Assessment and Investment Strategy Research Report” published by Zhiyan Consulting, global shipments of portable energy storage devices are projected to reach 4.838 million units in 2021, rising to 31.10 million units by 2026. Of these, outdoor applications will account for 13.55 million units, emergency‑use applications for 11.55 million units, and other applications for 6.00 million units.
By 2026, the U.S. is expected to be the largest market for portable energy storage in the outdoor‑activities sector, with demand reaching 6 million units, accounting for 44.3% of the global total; China will follow, representing 19.2%. In the emergency‑power segment, Japan—due to its high frequency of natural disasters—will emerge as the leading application market, with demand projected at 3.3 million units, or 28.6% of the global total.
Looking ahead, as emergency backup power systems become increasingly widespread and portable energy storage products gradually replace small gasoline generators, the market demand for portable energy storage in the emergency preparedness sector is expected to expand significantly. By 2026, global shipments of portable energy storage units for emergency applications are projected to reach 11.55 million units, with 5.694 million units dedicated to residential emergency power, 578,000 units for industrial emergency use, and 5.278 million units for disaster relief and rescue operations.
Corporate landscape
Huabao New Energy maintains a solid leading position: in both 2020 shipment volume and revenue, it commands the largest market share, accounting for 16.6% of shipments and 21.0% of revenue. Next is Zhenghao Technology, with a 6.3% share of shipments and a 10.2% share of revenue. At present, the portable energy storage market is still in its early stages of development, with ongoing market expansion and a growing number of entrants. However, as leading companies achieve simultaneous growth in both volume and price, industry concentration is expected to increase further.
Chinese market
China is the world’s largest producer of portable energy storage systems and holds a significant position in the international market. Driven by the rapid growth of China’s new‑energy vehicle, energy‑storage, and upstream lithium‑battery industries, the portable energy‑storage sector has expanded swiftly. In 2020, China’s shipments of portable energy storage reached 1.919 million units, with an output value of RMB 3.65 billion; by 2026, shipments are projected to climb to 28.674 million units, generating an output value of RMB 73.67 billion.
Source of the data and text: Compiled by the China Chemical and Physical Power Sources Industry Association and Zhiyan Consulting.