Market Values: The Global Power Bank market, valued at US$ 10.51 Bn. in 2022, is projected to witness substantial growth, reaching nearly US$ 18.13 Bn. by 2029, with a robust CAGR of 8.1% during the forecast period.
Report Scope: The comprehensive report delves into the dynamics, market segments, and regional insights of the Power Bank industry, providing valuable insights for stakeholders.
Research Methodology: The research methodology employed for this report involves rigorous analysis, incorporating primary and secondary research to present a holistic view of the market. A detailed Research Methodology section is available in the complete report.
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Market Dynamics: The Global Power Bank market is driven by factors such as the increasing use of smartphones and tablets, declining power bank prices, technological advancements leading to higher power consumption, and electric outages in certain regions. Challenges include poor quality power banks and the rise of wireless charging technology. Opportunities lie in the development of solar and hydrogen fuel cell-based power banks.
The market is witnessing intense competition with players lowering prices and focusing on innovative technologies to enhance product offerings and market share.
Regional Insights: Asia Pacific Dominates; North America Shows Rapid Growth
- Asia Pacific: The region dominates the global market, expected to hold the largest market share by 2029. Factors such as a growing number of electronic device users, large-scale digitization, availability of affordable power banks, and e-commerce penetration are driving demand.
- North America: Expected to grow rapidly at a significant CAGR during 2022-2029, attributed to the presence of major key players such as Duracell, Belkin, ZeusBattery, Zendure, RAVPower, and Griffin Technology.
Market Segment Analysis: Battery Type, Distribution Channel, End User
- Battery Type: Segmented into Lithium-Ion and Lithium Polymer. The Lithium-Ion battery segment is anticipated to grow rapidly, driven by its safety, long life, constant power, temperature tolerance, and other benefits.
- Distribution Channel: Segmented into Online and Offline. The online segment is expected to grow rapidly, leveraging comprehensive reporting systems like Google Analytics and providing a wider audience reach.
- End User: Segmented into Industrial & B2B and Consumer Electronics. Consumer Electronics is expected to dominate, fueled by the growing penetration of smartphones, extensive internet service use, and the need for higher battery capacity.
Conclusion: The report aims to provide a thorough analysis of the Global Power Bank Market, presenting stakeholders with valuable insights into market dynamics, key players, and regional growth patterns. It serves as a strategic guide for decision-makers in understanding market trends and making informed choices for the future.
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Power Bank Market Segmentation:
by Battery Type
Lithium Ion
Lithium Polymer
by Power Rating
Up to 3,000 mAh
3,001‐8,000 mAh
8,001‐20,000 mAh
Above 20,000 mAh
Power Bank Market Key Players:
1. Anker Technology Co. Limited
2. INCIPIO Technologies, Inc.
3. EasyAcc.com, Inc.
4. Goal Zero Corporation
5. GP Batteries International Ltd
6. IEC Technology
7. Maxell Holdings, Ltd.
8. MiPow Limited
9. Mophie, Inc.
10. Panasonic Corporation8.1
11. RavPower
12. Samsung Electronics Co., Ltd.
13. Sony Corporation
14. Xtorm
15. ADATA
16. AUKEY
17. Xiaomi
18. Lenovo
19. AMBRANE
20. INTEX
21. myCharge
22. Omnicharge
23. UIMI
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Table of content for the Power Bank Market includes:
- Global Power Bank Market : Research Methodology
- Global Power Bank Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Power Bank Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- MA by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, SizeandForecast by different segment | 20232029
- Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation A detailed analysis by growth and trend
- Competitive Landscape Profiles of selected key players by region from a strategic perspective
- Competitive landscape Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTERs analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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