Xiaomi Launches Outdoor Power Supply and Enters the Portable Energy Storage Market

    On September 6th, Xiaomi launched the Mi Home Outdoor Power 1000 Pro, which has a 220V/1800W ultra-high power output that can support most outdoor scenarios, marking Xiaomi‘s official entry into the portable energy storage market.

    Mijia Outdoor Power 1000Pro

    The "Research Report on the Development of China‘s Portable Energy Storage Industry (2021)" shows that in 2021, approximately 4.838 million portable energy storage power related equipment were shipped globally, with a sales amount of 11.13 billion yuan. Some institutions predict that the global portable energy storage power industry is expected to reach a scale of 88.2 billion yuan and a shipment volume of 31.1 million units by 2026. During the "618" period this year, the transaction volume of outdoor mobile power sources increased by more than 10 times year-on-year, and the portable energy storage market was developing rapidly.

    It is reported that the only outdoor power brands that currently hold over 20% of the global market share are Huabao Xinneng, Zhenghao Technology, Delan Minghai, and Anke Innovation. The constantly increasing market size has also led players such as Xiaomi, Huawei, and Lifan Technology to try their luck and seize this blue ocean market.

    As more and more enterprises invest in the portable energy storage market, it also brings new market value added space to the magnetic component industry. A portable energy storage power supply on the market uses approximately 3-5 magnetic components. If we calculate the global shipment of 4.838 million units in the portable energy storage market in 2021, the number of magnetic components required in the portable energy storage market last year was approximately 14.51-24.19 million. The reporter learned that magnetic component companies such as Jialong Haijie, Junjia Electronics, Xiexing Electronics, and Likewei Technology are keenly aware of this emerging market and have already made arrangements.

    The outdoor power supply launched by Xiaomi this time includes a large power reserve of 1000Wh, a high-power fast charging of 1800W, and an ultra long charging cycle of 1000 times, respectively meeting consumers‘ requirements for high capacity, fast charging, and multiple times of portable energy storage power. Apart from Xiaomi, with the increase in the number of players entering the game, the competition in the portable energy storage track has become increasingly fierce, and companies have become increasingly involved in technology.

    On the high-power track, the mainstream output specifications of portable energy storage power supplies on the market currently include 300W/500W/1000W/1500W, etc. The outdoor power supply launched by Xiaomi this time has a power of up to 1800W, while the leading enterprise of portable energy storage power supply, Dian Xiao‘er, has previously launched a 2200W outdoor power supply, reflecting the trend of high-power development of portable energy storage power supplies.

    In fact, the demand for high-power technology is not the first time portable energy storage power has been proposed. Application fields such as 5G base station power supply, server power supply, and communication power supply have already developed towards high-power, so this is not a problem for magnetic component enterprises. It is understood that magnetic component companies generally choose new materials with lower power consumption, such as square high-temperature film wrapped wires, and provide different types of magnetic components based on different power levels. The power of magnetic components produced by some enterprises can even reach 22kW, far exceeding the performance requirements required by the portable energy storage market.

    At a time when the portable energy storage market is booming, Xiaomi will never be the last company to enter. We can also glimpse the future development trend of portable energy storage power supply technology from the perspective of the "internal roll" direction of enterprise technology entering the market. To better enter this market, it is necessary to understand the current status and trends of portable energy storage technology innovation. On September 29, 2021 at CESIS, a portable lithium-ion battery BMS technology innovation seminar will be held. Representatives of well-known enterprises such as Huayi Microelectronics, MPS, Lishengmei Semiconductor, Jiehuate, and Lanbao Electronics will be invited to explain the challenges and production experience of portable energy storage technology.