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Pune, India, May 26, 2022 (GLOBE NEWSWIRE) -- According to Fortune Business Insights, the global Portable power station market size is anticipated to hit USD 439.3 million by 2028 from USD 244.5 million in 2021 and exhibit a CAGR of 8.7% during the forecast period. The global Portable Power Station market size stood at USD 238.1 million in 2020. Fortune Business Insights™ mentions this information in its report titled portable power station Market, 2021-2028.
The rising adoption of smart devices is likely to fuel the product adoption. Developments in digital infrastructure, rising smart-electronics adoption, and 5G technology developments have increased dependency on electric power globally. Portable power stations convert chemical energy into electrical energy to provide sustainable and reliable electricity for extended periods. It is a huge power bank that is capable of providing electricity to users for a long time.
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