Power Bank Market By Type (Lithium-polymer, Lithium-ion) By Application (Smartphones, Tablets, Portable Media Devices, Others)
Global Power Bank Market was valued at USD 8.31 Billion in the year 2017. Global Power Bank market is further estimated to grow at a CAGR of 19.06% from 2017 to 2023 to reach USD 23.67 Billion. Asia Pacific region holds the highest market share in 2017 and European market is considered as the fastest growing market in the forecasted period.
At a country level, China, Japan, and India hold the highest market share in 2017 and it is projected to grow at a strongly in the coming years.
Microsoft Corporation (U.S), Sony Corporation (Japan), Lenovo Group Ltd. (Hong Kong), Xiaomi Inc. (China), Ambrane India Pvt. Ltd. (India), Intex Technologies (India) Ltd. (India), UNU Electronics Inc. (U.S), Portronics Digital Pvt. Ltd. (India), Oneplus Technology (Shenzhen) Co. Ltd. (China) are some of the key players in the Global Power Bank market.
Rising research and development expenses to cater changing demand of end users, similarly growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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Rising alertness of digital products and accessories
Poor quality and consistency of power bank
Use of solar energy for charging
The major shares comes from smartphone segment in Global Power Bank Market with highest CAGR. On the other hand in battery type lithium-ion batteries holds largest market because of the low maintenance.
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Key Benefits for Stakeholders
Power Bank Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Regulatory bodies, policy actors and consumers.
By Capacity Range
Capacity 500 mAh to 3,499 mAh
Capacity 3,500 mAh to 6,499 mAh
Capacity 6,500 mAh to 9,499 mAh
Capacity 9,500 mAh to 12,499 mAh
Capacity 12,500 mAh to 15,499 mAh
Capacity above 15,500 mAh
Portable Media Devices
By Battery Type
Key Market Players
Microsoft Corporation (US)
Sony Corporation (Japan)
Lenovo Group Ltd. (Hong Kong)
Xiaomi Inc. (China)
Ambrane India Pvt. Ltd. (India)
UNU Electronics Inc. (U.S)
Portronics Digital Pvt. Ltd. (India)
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