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A portable jump start is a method of starting a vehicle with a discharged starting battery. A temporary connection is made to the battery of another vehicle, or to some other external power source. The external supply of electricity recharges the disabled vehicle's battery and provides some of the power needed to crank the engine. Once the vehicle has been started, its normal charging system will recharge, so the auxiliary source can be removed. If the vehicle charging system is functional, normal operation of the vehicle will restore the charge of the battery.
As the technology of Portable Jump Starter is relatively mature and the downstream market, especially for automotive aftermarket is growing fast, so there are lots of enterprises in the Portable Jump Starter market. The Portable Jump Starter market competition will be still intense. There are great many manufacturers located in China, and mainly exported the Portable Jump Starter product to North America and Europe. BOLTPOWER is the leading manufacturer in the global Portable Jump Starter market with the market share of 19.34%, in terms of revenue, followed by CARKU, Benrong Group, China AGA, Shenzhen NianLun Electronic, KAYO MAXTAR, BESTEK and Shenzhen SBASE. These 8 listed companies accounted for 52% of the market share in 2018. Portable Jump Starter industry is relatively concentrated, production is mainly concentrated in China, while Europe and North America are the major consumption areas. In 2018, the global sales is estimated to reach 7622.90 K Units. North America and Europe is forecasted to accounted for more than 75% of sales market as a whole.
Market Analysis and Insights: Global Portable Jump Starter Market
The global Portable Jump Starter market is valued at US$ 317.9 million in 2019. The market size will reach US$ 358.2 million by the end of 2026, growing at a CAGR of 1.7% during 2021-2026.
Global Portable Jump Starter Scope and Segment
Portable Jump Starter market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Portable Jump Starter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Lithium Ion
Lead-Acid
In 2018, Lithium Ion accounted for a major share of 91% in the global Portable Jump Starter market. And this product segment is poised to reach 342 M USD by 2025 from 300 M USD in 2018.
Segment by Application
Automotive
Motorcycle
Others
In Portable Jump Starter market, Automotive segment holds an important share in terms of application, and it is expected to reach a volume of 9719 (K Units) by 2025, at a CAGR of 6.23% during 2018 and 2025. It means that Portable Jump Starter will be promising in the Automotive field in the next couple of years.
By Company
BOLTPOWER
CARKU
Benrong Group
China AGA
Shenzhen NianLun Electronic
KAYO MAXTAR
BESTEK
Shenzhen SBASE
Production by Region
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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