Global Power Bank Market Size is estimated to expand rapidly in coming years, at a CAGR of 18.25 % from 2018 to 2025. In 2017, the global market valuation was USD 7.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Power Bank is a sort of mobile multi-purpose battery used to recharge a range of electronic equipment such as laptops, tablets, smartphones, mobile devices, and MP3 players. Power Banks consists of unique batteries with a power management circuit that enables electrical energy to be stored and then used to recharge electronic equipment later. The significant growth can be ascribed to enhanced acceptance of smartphones and other digital devices and lower product costs. Regionally, Asia Pacific region is expected to be the highest growing region the global market of power banks.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global power bank market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global power bank market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Capacity Range Insights: On the basis of capacity range, global power bank market has been segmented into up to 3,000 mAh, 3,001 mAh-8,000 mAh, 8,001 mAh-20,000 mAh, and Above 20,000 mAh. The section of 8,001 mAh-20,000 mAh was the biggest market share and is expected to create the highest income over the forecast period. Increasing smartphone penetration across the globe is expected to drive worldwide market growth.

By Battery Type Insights: On the basis of battery type, global power bank market has been segmented into lithium-ion batteries, lithium polymer batteries. Among which li-ion segment has accounted for the largest share in the global market of power banks. Li-ion batteries give countless benefits, such as comparatively low self-discharging, high power density, and low maintenance. On the other side, li-polymer batteries are the most favored, have a versatile shape matrix and are secure relative to other devices.

Regional Analysis

The power bank market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, the Asia Pacific region is expected to witness high growth in the market in forecast period. Due to the growing amount of fresh product launches of tablets, smartphones, and other mobile devices in multiple nations in this area, the Asia Pacific market is expected to have the greatest development in terms of CAGR over the forecast era. In addition, the leading manufacturer of energy banks is mainly present in China.

Due to the growing adoption of innovative portable devices and technological advances in multiple nations in this region, the market in North America dominates the worldwide market in terms of income. Europe is anticipated to dominate the global power bank market over the projected period. Growing numbers of customers of electronic devices, large-scale digitization, the accessibility of inexpensive energy banks, and the penetration of e-commerce in the electronics industry are driving the demand for products in this region.

Global Power Bank Market Size, Share Analysis by Region 2017

Global Power Bank Market Study Objective

1. To forecast the market size of power bank market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of power bank market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of power bank market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of power bank market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the power bank market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Sony Corporation, Panasonic Corporation, Microsoft Corporation, OnePlus, Xiaomi Inc., SAMSUNG SDI CO.,LTD., Anker Innovations Limited, UNU Electronics Inc., mophie, inc., and Maxell Asia Limited are some of the key players in the market of power bank.

Global Power Bank Market Study Report Offer You!

The global power bank market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.