Report Details-
Global Power Bank Market, By Energy Sources (Electric, Solar), Capacity (1,000–5,000 MAH, 5,001–10,000 MAH, 10,001–15,000 MAH, 15,001–20,000 MAH, ABOVE 20,001 MAH), Battery Type (Lithium Ion Battery, Lithium Polymer Battery), USB Port (One USB Port, Two USB Ports, More Than Two USB Ports), Indicator (LED Lighting, Digital Display), Price Range (Low, Medium, Premium), Application (Smartphone, Tablet, Wearable Device, Digital Camera, Laptop, Portable Media Device, Others), Distribution Channel (E-commerce, Brick and Mortar), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Power Bank Market
The power bank market is estimated to reach a value of USD 356.00 billion by 2028 and is expected to grow at a compound annual growth rate of 22.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on power bank provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The power bank is a type of a portable charger which helps to supply the power with the help of the in-built battery to charge various portable electronic devices. These batteries can be contrived using Li-ion or Li-polymer.
The rapid decline in price of power banks has been directly influencing the growth of power bank market over the forecast period of 2021 to 2028. Likewise the increase in power consumption of smartphones and unexpected shift to work-from-home and remote learning owing to COVID-19 which has lead to the high demand for laptops are also expected to flourish the growth of the power bank market. Also the integration of advanced technology in power banks is also anticipated to positively impact the growth of the market. In addition, the large-scale digitization and easy availability of affordable power banks are also projected to act as an active growth drivers towards the growth of the power bank market. Moreover, the rapid penetration of e-commerce in the electronics industry will also create a huge demand for power bank and will also lift the growth of the power bank market.
However, the poor quality of power banks and complex design process are expected to act as the major restrictions for the growth of power bank in the above mentioned forecasted period, whereas the shutdown of power bank manufacturing plants and high recycling cost of li-ion batteries can challenge the power bank market growth in the forecast period of 2021 to 2028.
Likewise, the high growth in the adoption of wearable devices along with expansion of solar and hydrogen fuel cell-based power banks will further cater ample new opportunities that will lead to the growth of the power bank market in the above mentioned forecasted period.
Global Power Bank Market Scope and Market Size
The power bank market is segmented on the basis of energy sources, capacity, battery type, USB port, indicator, price range, indicator, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The energy sources segment of the power bank market is segmented into electric and solar.
- On the basis of capacity, the power bank market is segmented into 1,000–5,000 mah, 5,001–10,000 mah, 10,001–15,000 mah, 15,001–20,000 mah and above 20,001 mah.
- Based on battery type, the power bank market is segmented into lithium ion battery and lithium polymer battery.
- Based on USB port, the power bank market is segmented into one USB port, two USB ports and more than two USB ports.
- On the basis of indicator, the power bank market is segmented into led lighting and digital display.
- On the basis of price range, the power bank market is segmented into low, medium and premium.
- The power bank market is segmented on the basis of application into smartphone, tablet, wearable device, digital camera, laptop, portable media device and others.
- On the basis of distribution channel, the power bank market is segmented into e-commerce and brick and mortar.
Power Bank Market Country Level Analysis
The power bank market is analyzed and market size, volume information is provided by country, energy sources, capacity, battery type, USB port, indicator, price range, indicator, application and distribution channel as referenced above.
The countries covered in the power bank market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific leads the power bank market due to the rapid increase in the population, easy availability of affordable power banks, large-scale digitization and rapid penetration of e-commerce in the electronics industry. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the improved connectivity of various devices such as security systems, home appliances and smart accessories.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Power Bank Market Share Analysis
Power bank market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to power bank market.
The major players covered in the power bank market report are
Ø ADATA Technology Co., Ltd.,
Ø Lenovo,
Ø Microsoft,
Ø Anker Technology (UK) Ltd.,
Ø AUKEY,
Ø Xiaomi,
Ø Griffin Technology,
Ø ZAGG Inc., Intex,
Ø AmbraneIndia,
Ø Panasonic Corporation,
Ø Sony Corporation,
Ø UNU Electronics Inc.,
Ø Syska, RAVPower,
Ø OPPO,
Ø SAMSUNG,
Ø Duracell Inc.,
Ø Koninklijke Philips N.V., and
Ø ZENDURE
among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACT OF COVID-19 ON THE GLOBAL POWER BANK MARKET
7 GLOBAL POWER BANK MARKET, BY INDUSTRY TYPE
Get TOC of the Report:- https://www.databridgemarketresearch.com/toc/?dbmr=global-power-bank-market
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