Portable Power Station Market In South Africa
Portable Power Stations: What You Need To Know About the Market In South Africa
The portable power station market in South Africa is expected to grow at a compound annual growth rate (CAGR) of 15% from 2023 to 2028.
The growth of the market is driven by the increasing demand for portable power solutions from consumers and businesses due to the energy crisis in South Africa.
Furthermore, as the portable power station market ranges depending on consumer needs, it’s segmented by capacity, technology, and user application.
What Are Portable Power Stations Mainly Used For?
Typically, consumers purchase a portable power station for a wide variety of uses.
These include the need to power a variety of devices such as
- smartphones
- laptops
- home appliances
- for camping trips
- getaway destinations that may not have power
- and the main use is as well as a backup power source during power outages particularly load shedding.
Portable Power Station Market in South Africa by Capacity, 2022 (in ZAR Million)
| Capacity | Value (millions of ZAR) | Share (%) |
|---|---|---|
Below 100Wh | 1,718 | 13.71% |
100-200Wh | 3,436 | 25.38% |
200-500Wh | 3,436 | 25.38% |
500-1000Wh | 1,718 | 13.71% |
Above 1000Wh | 1,718 | 13.71% |
Totals | 12,936 | 100% |
(Please Note that the above figures are estimates)
Portable Power Station Market By Technology (Battery Type)
| Storage/Battery Type | Value (millions of ZAR) | Share (%) |
|---|---|---|
Lead-Acid | 6,472 | 50.44% |
Lithium-ion | 6,464 | 49.56% |
Totals | 12,936 | 100.00% |
(Please Note that the above figures are estimates)
While lead-acid batteries are usually cheaper, lithium-ion batteries perform better and are also more efficient.
Furthermore, charging a lead-acid battery can take 3 times longer than lithium-ion batteries as the chemical makeup of lithium-ion chemistries allows it to accept a faster rate of current.
This makes their re-charging ability way quicker than lead-acid batteries which is an important aspect when it comes to re-charging of your portable power station after a prolonged bout of load shedding.
Portable Power Station Market By Consumer
| User Application | Value (ZAR million) | Share (%) |
|---|---|---|
Private User (Household) | 1,021 | 51% |
Commercial | 979 | 49% |
Totals | 2,000 | 100.00% |
(Please Note that the above figures on this power station segment are estimates)
Portable Power Station Market Players
Some of the major players operating in the portable power station market in South Africa include:
- EcoFlow
- Jackery
- Bluetti
- Gizzu
- Magneto
- Goal Zero
- Suaoki
- Inergy
- Renogy
- Titan Solar
While the portable power station market in South Africa is a competitive market and expected to grow fairly quickly aided by the dire state of SA’s energy supply.
However, the poor value of the ZAR (South African Rand) makes them prohibitively expensive for many people.
The key players and manufacturers in the portable power station market are constantly innovating and developing new products to meet the growing demand for portable power solutions.
Hopefully economies of scale will bring the costs down and make these power stations more affordable.
Want a Cheaper Power Supply Option?
One thing we can be sure of, is that Load Shedding will be part of our lives in 2023 and beyond with a total grid collapse a distinct possibility.
Therefore the best option, for those who can afford the outlay, is to equip your home with a solar powered solution.
- However, there’s a cheaper option to conventional roof-mounted PV panels…
- By building your own 3D Solar Tower you’ll use fewer PV panels and resulting in a higher power output.
- Take a look at how it compares to the traditional solar option and how this 3D solar panel tower works.
This Is a Cheap, But Powerful, Solar Power Solution
The Bottom Line On Portable Power Stations
Speaking from experience, and as a person living in South Africa, I can confirm that after purchasing my portable power station, life has become far more bearable despite the constant load shedding.
However, if I wasn’t living in a flat I would probably look at solar panel prices as well as building my own 3D solar panel tower which, by all accounts, produces way more power than conventional PV panels.
Not only that but it will be cheaper too as a 3D solar array uses way less panels, and space, so its a win-win.
But there’s no denying that a portable power station will make life easier by providing you with a few hours of electricity to keep the lights on, watch tv or run other appliances.
No wonder the portable power station market is growing so fast in South Africa.