Global Power Bank Market hike in Revenues by 2024
The objective of the report is to provide a detailed analysis of the power bank market based on Capacity Range, USB Port, Energy Source, Battery Type and Application. The report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The Global Power Bank Market accounted for USD 8.2 billion in 2016 growing at a CAGR of 22.3% during the forecast period of 2017 to 2024.
A Power Bank is a mobile charger that can be charged in advance to charge mobile phones, laptops, tablets. A power bank is a compact or handy device usually can be useful while travelling for long hours. The power bank concept came into visualization due to rapid growth in digital products. A power bank can achieve outside charging for variety of digital products. It has its wide application in smartphone, tablet, digital camera, laptop, and others. Increasing usage of smartphones and tablets may act a major driver in the growth of power bank market. On the other side, poor quality of power bank may hinder the market.
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Major market drivers & restraints:
- Increased Power Consumption of Electronic Devices
- Decline in Price of Power Banks
- Increasing Usage of Smartphones and Tablets
- Electric Outage in Certain Countries Supporting Growth of the Power Bank Market
- Poor Quality of Power Banks
- Increasing Adoption of Wireless Charging Technology
- Improvement in Battery Capacity of Electronic Devices
Market Segmentation:
- Capacity Range
- USB Port
- Energy Source
- Battery Type
- Application
- Geography
On the basis of Capacity Range, the global power bank market is segmented into
- 500–3499mAh
- 3500–6499mAh
- 6500–9499mAh
- 9500–12499mAh
- 12500–15499mAh
- above 15500mAh
On the basis of USB port, the global power bank market is segmented into
- One USB port
- Two USB ports
- More than two USB ports
On the basis of energy source, the global power bank market is segmented into
- Electric
- Solar
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On the basis of battery type, the global power bank market is segmented into
- Lithium Ion (LI-Ion) Battery
- Lithium Polymer (LI-Polymer) Battery
On the basis of application, the global power bank market is segmented into
- Smartphone
- Tablet
- Digital Camera
- Laptop
On the basis of geography, the global power bank market report covers data points for 28 countries across multiple geographies such as
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Company Share Analysis:
The report for global power bank market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Top Key Players:
Adata Technology Co., Ltd., Ambrane India Pvt. Ltd., Anker Technology Co. Ltd., Apacer Technology Inc., ASUSTeK Computer Inc., Xiaomi, Dell, Elixier Tech Innovatis L.L.P., INTEX, Lenovo, Microsoft Corp., Omnicharge Inc, OnePlus and Mobitech Creations., Panasonic Corporation., PNY Technologies Inc., Portronics Digital Pvt. Ltd., RAVPower Inc., Romoss, Sony Corporation, Syska Mobile Accessories Pvt. Ltd., Tp-Link Technologies Co., Ltd., UIMI Tech., uNu, Yu Televenture Pvt. Ltd. and others.
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