Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Power Banks: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Power Banks estimated at US$10.5 Billion in the year 2022, is projected to reach a revised size of US$24.9 Billion by 2030, growing at a CAGR of 11.4% over the analysis period 2022-2030.
Lithium Ion, one of the segments analyzed in the report, is projected to record 11% CAGR and reach US$17.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Lithium Polymer segment is readjusted to a revised 12.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 12.9% CAGR
The Power Banks market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 12.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9% and 9.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.
Select Competitors (Total 93 Featured) -
- ADATA Technology Co., Ltd.
- Ambrane India Pvt. Ltd.
- Anker Innovations
- Aukey International Ltd.
- EasyAcc
- Griffin Technology
- Intex Technologies
- iWalk
- Lenovo Group Limited
- myCharge
- Omnicharge
- Philips North America LLC
- PNY Technologies, Inc.
- RAVPower
- Shenzhen ROMOSS Technology Co., Ltd.
- Syska
- TP-Link Technologies Co., Ltd.
- Uimi Technology Pvt. Ltd.
- UNU Electronics Inc.
- Voltaic Systems
- Xiaomi Corporation
- ZAGG Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 578 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $10.5 Billion |
| Forecasted Market Value (USD) by 2030 | $24.9 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Power Bank Market Loses Energy amid COVID-19 Pandemic
- Work from Home Culture to Support Growth
- Frequency of Remote Work Before and After COVID-19 in the US: 2020
- Introduction of Innovative Strategies Enable Companies to Maintain Profitability Margins During Ongoing COVID-19 Pandemic
- Power Banks - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Power Banks: A Prelude
- Market Outlook
- Li-Ion Batteries Command Major Share
- Asia-Pacific Continues to Gain Spotlight
- Market Challenges
- Low-Quality Products Restrain Adoption of Power Banks
- Competition
- World Brands
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Expanding Internet User Base & Consumer Appetite for Digital Media and Growing Power Consumption of Devices Drive the Need for Power Banks
- Global Internet Usage: Number of Internet Users (in Billion) and Internet Penetration Rate (in %) for the Years 2015 through 2019
- Global Mobile Data Traffic in EB/Month for the Year 2015, 2017, 2019, 2021, 2023 and 2025
- Number of Internet Users (in Million) and Internet Penetration Rate (in %) by Region for the Year 2019
- Breakdown of Internet Users (in %) by Region: Q1 2020
- Growing Penetration of Social Media and Social Networking and Stress on Battery Usage Creates Need for Power Banks
- Social Media Penetration Worldwide: % of Active Monthly Users Compared to Total Population for 2019
- Top Social Media Platforms by Usage (In Millions): April 2020
- Increasing Penetration of Mobile Gaming Fuel Demand for Power Banks
- Gaming Industry by Segment: 2020E
- Percentage of Time Spent on Mobile Apps by Category for 2019
- Advent of 5G to Induce Demand for Power Banks
- Global Smartphone Subscription Breakdown by Technology: 2019 and 2025
- Proliferation of Mobile Phone Users: A Major Growth Driver
- Smartphones : A Major Consumer of Power Banks
- Smartphone Penetration Rate as Share of Total Population: 2016-2020
- Growth in Wearables Market Augments Well for Market Growth
- World Wearables Market Revenues (in US$ Billion) for Years 2016, 2018, 2020 & 2022
- E-Commerce Segment to Exhibit Exponential Growth in Global Power Bank Market
- Trend Towards Mobility Augurs Well for Market Growth
- Power Banks Enter into Wireless Charging Era with Aplomb
- Limitations Pave Way for Reliable Options
- Power Banks Tread Enchanting Journey with Higher Degree of Sophistication
- Technology Advancements Drive Advanced Functionality of Power banks
- Power Banks with Quick Charge 3.0
- Power Banks with 18W Fast Charging
- Rise in Introduction of Slim and Light Weight Power Banks
- Power Banks Go Beyond Charging
- Lithium Polymer Batteries Gain Traction
- Difference Between Li-Ion and Li-Polymer Batteries
- Growing Concerns for Preserving Scarce Natural Resources Fuel Demand for Solar Power Banks
- Industry Witnesses Rise in Introduction of Fast Charging Power Banks
- Tech Savvy Millennials and Gen Z: Important Demographic Drivers
- Social Media Users Penetration (in %) by Generation
- Demand for Shared Power Banks Exhibits Growth
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/3g9phj
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
