Global Power Bank market is anticipated to grow at an impressive CAGR of over 7.43% during the forecast period, due to the rising demand for quick and fast recharge during traveling and office work. Moreover,
Based on the energy source, the Global Power Bank Market has been segmented into electric and solar. Electric energy source segment acquired the major share in the market in 2018 due to the availability and rise in the adoption of electronic devices with the convenience of charging multiple devices. Based on the power capacity, the Global Power Bank Market is categorized into up to 3,000 mAh, 3,0001 mAh-8000 mAh, 8,001 mAh-20,000 mAh above 20,000 mAh. 8,001 mAh-20,000 mAh acquired the major share of 40.09% in 2020 due to increasing preference for convenient charging solutions at an affordable pricing range.
Based on the battery type, the market has been bifurcated into Lithium Ion and Lithium Polymer batteries. In 2020, Lithium Ion led the market with a share of 59.39% due to its easy availability at affordable prices. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific accounted for the largest share of 35.44% in 2020 and is anticipated to continue its dominance in the forecast period due to continuous innovation among manufacturers and increasing usage of electronic devices.
Some of the leading players in the Global Power Bank Market are Anker Innovations, Xiaomi Corporation, AsusTek Computer Inc, Samsung Electronics Co., Ltd, AUKEY, MOPHIE (ZAGG), POWERadd, China BAK Battery Inc., RAVpower, BELKIN Sony Corporation, Panasonic Corporation.
Years Considered for this Report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022-2026
Objective of the Study
- To analyze
the historical growth in the market size of the Global Power Bank Market
from 2016 to 2020.
- To estimate and forecast the market size of
the Global Power Bank Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the
Global Power Bank Market based on Market By Battery Type, By
Capacity, Market Share By Application, By Region (North America, Europe,
APAC, South America, MEA), Competition Forecast & Opportunities.
- To identify
drivers and challenges for the Global Power Bank Market.
- To examine
competitive developments such as expansions, new product launches, mergers
and acquisitions, etc., in the Global Power Bank Market.
- To conduct
the pricing analysis for the Global Power Bank Market.
- To identify
and analyze the profile of leading players involved in the manufacturing
of Global Power Bank Market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research also conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
Key Target Audience
- Power Bank
Manufacturers
- Suppliers and
Distributors
- End Users
- Market Research
Firms
- Government
Institutions
- Industry
associations and experts
- Research
organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
