Market Overview

$26.4 Billion Power Bank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com

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The "Power
Bank Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023"
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The global power bank market exceeded a value of US$ 8.2 Billion in 2017

Power banks are gadgets which act as reservoirs for the battery backup,
storing energy from the input source and venting it out as and when
required. They have currently gained immense popularity across the world
owing to the popularization of digital products. This is also due to
their distinct characteristics which include durability, portability,
multiple sockets, fast charging, low cost, etc. In case of a prolonged
power outage or an unstable electricity supply, power banks save the
device from turning off.

Digitalization has made humans dependent upon various gadgets for a
simpler and convenient life. A rapid demand for the compact electronic
devices such as smartphones, tablets and laptops has boosted the growth
of the global power bank market. Apart from this, the advent of 4G
networks and consistent use of internet services have made these devices
less efficient in terms of power consumption. This has created a huge
demand for power banks across the world, thereby stimulating the market
growth. Furthermore, the introduction of power banks with solar and
hydrogen cell is expected to broaden the growth prospects.

Looking forward, the market value is projected to reach approximately
US$ 26.4 Billion by 2023, registering a CAGR of more than 21.5% during
2018-2023.

Market Summary:

  • Based on the product type, the market has been segmented as portable
    power banks, solar power banks and battery cases. Currently, portable
    power banks dominate the market, holding the largest share.
  • On the basis of battery type, the market has been categorized into
    Lithium-ion and Lithium-polymer.
  • The capacity range of the power banks covered in the report includes
    Below 3,000 mAh, 3,001 mAh - 8,000 mAh, 8,001 mAh - 20,000 mAh and
    Above 20,000 mAh.
  • Based on the application, the major segments include smartphones,
    tablets, portable media devices and others.

The competitive landscape of the market has also been examined
with some of the key players being

  • Beijing Xiaomi Technology Co.
  • Ltd.
  • Lenovo Group Ltd.
  • Microsoft Corp.
  • Panasonic Corp.
  • Sony Corp.
  • Adata Technology,Co.
  • Ltd.
  • Asustek Computer Inc.
  • Ambrane India Pvt. Ltd.
  • Anker Technology Co. Ltd.
  • Intex Technologies (India) Ltd.
  • Oneplus Technology (Shenzhen) Co. Ltd.
  • UNU Electronics Inc.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Power Bank Market

6 Market Breakup by Product Type

7 Market Breakup by Battery Type

8 Market Breakup by Power Ratings (Capacity)

9 Market Breakup by Application

10 Market Breakup by Region

11 Power Bank Manufacturing Process

12 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/kdwbwx/26_4_billion?w=4

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