Electrical And Electronics Manufacturing

Global Power Bank Market Outlook, Opportunities And Strategies

November 17, 2021November 17, 2021 by The Business Research Company

Learn about the global power bank market through The Business Research Company, which provides information on power bank market size, power bank market drivers and restraints, power bank market players, the COVID-19 impact on the power bank market, and more.

The global power bank market is expected to grow from $11.52 billion in 2020 to $12.88 billion in 2021 at a compound annual growth rate (CAGR) of 11.89%. The growth in the power bank market is mainly due to the rising demand and adoption of smartphone globally, increasing electronic device consumption, affordability of power banks, and high sales of power banks through e-commerce websites and various online portals. The market is expected to reach $17.61 billion in 2025 at a CAGR of 8.12%

The huge rise in urban population is expected to drive innovation in power bank manufacturing, thus driving the market during the forecast period.

Request A Sample For The Global Power Bank Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5142&type=smph

The power bank market consists of sales of power banks and related services. A power bank or a portable charger enables a user to charge their smartphones, laptop, tablet, and other media devices with a USB-enabled connection. These power banks can be reused multiple times by simply recharging them. There are various types of power banks available in the market which include standard power banks which can be charged using a normal USB port and solar power banks which use sunlight to charge up and contain photovoltaic panels.

Global power bank market segments include:

By Battery Type: Lithium Ion, Lithium Polymer

By Price Range: Low, Medium, High

By Application: Smart Phone, Tablet, Digital Camera, Laptop, Others

By Distribution Channel: Online, Offline

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the power banks market in 2020.

Wireless power banks are key emerging trend in the field of power bank market which have a potential for expansion in the future. This will enable people to charge their electronic devices from anywhere with excellent touchless experience. These types of power banks provide faster charging and multiple charging options. The user does not have to take the pain of carrying an extra cable and plugging it in.

TBRC’s power bank market report covers:

Major Market Players: Ambrane India Pvt. Ltd., ADATA Technology Co. Ltd., Anker Innovations Technology Co. Ltd., AsusTeK Computer Inc., Griffin Technology, Intex Technologies India Ltd., Lenovo Group Ltd., Panasonic Corporation, RAVPower, Sony Corporation, Xiamoi Corporation, AUKEY, Dll Inc., Duracell Inc., Easyacc, iWALK Global, Microsoft Corporation, myCharge, Omnicharge, Syska, TP-Link Technologies Co. Ltd., Uimi Technology Pvt. Ltd., OnePlus Technology Co. Ltd., UNU Electronics Inc, and Samsung SDI Co Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Power Bank Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides power bank market overviews, analyzes and forecasts market size, share, power bank market players, power bank market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s power bank market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Lithium-Ion (Li-Ion) Global Market Report 2021

Lithium-Ion Batteries Global Market Report 2020

Batteries Global Market Report 2021

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Check out our Blog: https://blog.tbrc.info/

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model