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HomeNewsGlobal Portable Power Station Market is poised to augment and reach USD 554.4 Million by 2028

Global Portable Power Station Market is poised to augment and reach USD 554.4 Million by 2028

2022-12-14

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Among these regions, North America garnered the largest share in the market in 2021. The growth of the region can be attributed to the rising geopolitical tensions at the Mexican borders. As the Trump administration allocated more funds toward the military, the expenditure as a percentage of GDP registered an increase from 3.4% to 3.7% for 2019-2020, indicating an increasing need for military electronic equipment. Consequently, it has been driving demand for portable power stations for charging these devices, thereby contributing to the growth of the Portable power station market in North America.

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