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I AgreeAnalysis of Portable Device Charging Kiosks market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Worldwide demand for portable device charging kiosks is projected to increase at a CAGR of 5.4% through 2032. The global portable device charging kiosks market currently accounts for a valuation of US$ 158 million and is estimated to surpass US$ 267 million by the end of 2032.
Increasing usage of portable devices such as tablets, smartphones, and laptops has fuelled the need for portable charging stations at several public establishments, and this is expected to primarily drive portable device charging kiosk demand over the coming years.
Report Attributes |
Details |
---|---|
Portable Device Charging Kiosks Market Size (2022E) |
US$ 158 Million |
Forecasted Market Value (2032F) |
US$ 267.3 Million |
Global Market Growth Rate (2022-2032) |
5.4% CAGR |
North America Market Share (2022) |
31.4% |
Europe Market Share (2022) |
23.3% |
Key Companies Profiled |
|
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Digitization has increased at a rampant pace over the past few years. This trend has largely influenced the market for portable device charging kiosks and is expected to continue to do so across the forecast period as well. Charging kiosks enable the charging of various portable devices so that consumers can maintain their battery levels and keep their devices operational and functional.
The number of smartphone users has increased substantially and with it the need for charging them as well, which is anticipated to majorly influence the sales of portable device charging kiosks. Growing usage of smart devices is also expected to positively influence demand for portable device charging kiosks.
Increasing popularity of electric vehicles is also expected to drive sales of portable device charging kiosks as the world focuses on creating effective charging infrastructure for these vehicles. The EV charging cables market is also expected to be driven by the aforementioned factor.
Advancements in technology and an increase in per capita disposable income are other factors that favour portable device charging kiosk shipments throughout the forecast period.
From 2022 to 2032, global demand for portable device charging kiosks is projected to increase at a CAGR of 5.4%.
“High Usage of Smart Devices & Consumer Electronics”
As digitization has taken over the world the use of smart devices and consumer electronics has increased exponentially.
The use of portable devices has witnessed a notable increase and this has driven the demand for charging solutions to charge these devices. This is expected to majorly drive sales of portable device charging kiosks across the forecast period.
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“Incoming Portable Device Charging Kiosk Manufacturers Can Launch Innovative Products to Boost Sales”
Start-ups can focus on creating innovative charging solutions and integrate advanced technologies such as artificial intelligence, IoT, machine learning, etc., to advance their revenue generation potential. Companies can also focus on launching new wireless charging solutions as the popularity of wireless charging increases among consumers.
“North America Spearheads Global Portable Device Charging Kiosk Sales”
The North America portable device charging kiosks market holds a revenue total of US$ 50 million at present and accounts for a major market share of 31.4%.
Rapid adoption of advanced technologies, presence of a developed technological infrastructure, and increasing demand for portable charging solutions for various smart devices and electric vehicles are factors that are driving portable device charging kiosk demand in this region.
The market for portable device charging kiosks in Europe holds a market share of 23.3% in 2022 and stands at a total valuation of US$ 37 million. Increasing focus on renewable energy generation is anticipated to primarily guide demand for solar-powered portable device charging kiosks in this region.
Germany, France, Italy, and the United Kingdom are anticipated to be key markets for portable device charging kiosk suppliers in this region throughout the forecast period.
Shipments of portable device charging kiosks in the Asia Pacific region are anticipated to witness high growth over the coming years owing to increasing disposable income and rising penetration of smartphones and other smart devices.
The aforementioned factors will drive demand for charging kiosks across various public establishments as consumers need to maintain a healthy battery level to ensure the smooth functioning of their devices.
The China portable device charging kiosks market in 2022 holds a significant market share of 15.3% and accounts for a value of US$ 24 million. Supportive government initiatives and a rising focus on the development of a robust EV charging infrastructure are prime factors that positively influence portable device charging kiosks market growth in this country.
A further detailed regional analysis has been listed in this new portable device charging kiosks market research report by Fact.MR, a market research and competitive intelligence provider.
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Portable device charging kiosk manufacturers are focusing on launching new products to expand their product portfolio and increase their revenue generation capacity across all regions.
Portable device charging kiosk vendors are also expected to focus on mergers and collaborations to increase their market presence and fast-track product developments.
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The global portable device charging kiosks market is valued at US$ 158 million.
By 2032, the market is projected to reach US$ 267.3 million.
Sales of portable device charging kiosks are set to increase at 5.4% CAGR through 2032.
Top 3 countries hold a notable market share of 45.3% in 2022.