Power Bank Market

Power Bank Market Forecasts to 2028 – Global Analysis By Battery Type (Lithium-Ion (Li-Ion) Battery, Lithium Polymer (Li-Polymer) Battery), Charging Mode (Wired, Wireless) and By Geography

4.7 (56 reviews)
Published: November 2021 ID: SMRC21174
4.7 (56 reviews)
Published: November 2021 ID: SMRC21174

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Power Bank Market is accounted for $9.16 billion in 2020 and is expected to reach $19.79 billion by 2028 growing at a CAGR of 11.0% during the forecast period. The factors driving the market growth are increasing adoption of smart phones & electronic devices and price drop in power banks etc g are major factors driving the growth of the market. However, increasing preferences for wireless charging technologies and improved batteries are hampering the market.

Power banks are charging devices that are type of portable batteries to control any power in and power out using circuitry. The power banks store energy by charging them a USB charger when power is available. The power banks are then further used for charging various electronic devices such as phones and tablets irrespective of the power connection, and can also be carried at remote locations.

By product, solar segment is experiencing considerable market growth, as solar power bank is powered by the energy harnessed from sunlight. They are useful during camping trips, where electricity sockets are unavailable and charging equipment for emergencies is essential. Most of them can be charged alternatively using a USB. The demand for these devices is projected to increase in the coming years owing to the growing popularity of solar energy as an environmentally-friendly alternative. Based on the geography, Asia Pacific, due to growing number of users of electronic devices, large-scale digitization, availability of affordable power banks and penetration of e-commerce in the electronics industry are driving the product demand in this province.

Some of the key players profiled in the Power Bank Market include Xiaomi Corporation, Lenovo Group Limited, Panasonic Corporation, Koninklijke Philips N.V., Sony Corporation, Beijing Xiaomi Technology Co. Ltd.,, Microsoft Corporation,, Adata Technology Co., Ltd, Asustek Computer Inc., Ambrane India Pvt. Ltd, Anker Technology Co. Ltd., Intex Technologies (India) Ltd.,, OnePlus Technology , UNU Electronics Inc, Samsung SDI Co. Ltd.

Battery Types Covered:
• Lithium-Ion (Li-Ion) Battery
• Lithium Polymer (Li-Polymer) Battery

Unit of USB Ports Covered:
• 1 USB Port
• 2 USB Ports
• More than 2 USB Ports  

Charging Modes Covered:
• Wired
• Wireless

Products Covered:
• Electric
• Solar

Indicators Covered:
• LED Lighting
• Digital Display

Capacities Covered:
• 1,000–5,000 mAh
• 5,001–10,000 mAh
• 10,001–15,000 mAh
• 15,001–20,000 mAh
• Above 20,001 mAh

Price Ranges Covered:
• Low
• Medium
• Premium

Applications Covered:
• Digital Camera
• Laptop
• Portable Media Device
• Smart Phone
• Tablet
• Wearable Device
• Other Application

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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