Worldwide Power Bank Industry to 2027 - Opportunity Analysis and Market Forecast

Dublin, IRELAND


Dublin, Dec. 17, 2020 (GLOBE NEWSWIRE) -- The "Power Bank Market by Battery Type, Power Rating, Distribution Channel, and Price Range: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

The global power bank market was valued at $17. 41 billion in 2019, and is projected to reach $22. 34 billion by 2027, registering a CAGR of 3. 4% from 2020 to 2027.

Power bank, also known as portable charger, is a device used for powering gadgets using built-in batteries through a USB port. Mobile phones, digital cameras, tablets, and laptops are some of the gadgets that can be powered by power banks. Increase in adoption of digital products equipped with rechargeable batteries, such as smartphones, iPads, notepads, Bluetooth speakers, and headphones, has boosted the growth of the power bank market. With the advent of new technologies in consumer electronics such as wireless technologies, artificial intelligence, and IoT services as well as increase in penetration of internet services, the need for gadgets and devices has increased significantly, thus boosting the growth of the power bank market.

With the growing advent toward smartphone among users worldwide, power banks have become an essential commodity among individuals. Online video streaming, gaming applications as well as increasing trends toward social media requires constant power source so that the phone can be fully charged and can be operated continuously. However, users find it very inconvenient to carry a power bank with them while traveling. Therefore, there is a growing advent toward the power bank renting industry globally, which allow ranges users to rent a power bank for a stipulated period. For instance, Plugo is a power bank rental start-up based in India, which can be used by consumers for airport travels, restaurants & bars, retail & shopping centers and other commercial spaces.

The rise in demand for smartphones across the globe, increase in sales of power banks on online portals & e-commerce websites and Increase in demand of power banks for laptops and wearable devices are the major factors that drive the growth of the global power bank market. However, factors such as emerging trends of wireless charging, improved battery capacity of electronic devices and Increasing preference toward rental power banks among users hamper the market growth. On the contrary, development of solar & hydrogen fuel-based power banks, increase in trend of wearable devices and emerging trends toward wireless power banks are expected to offer lucrative opportunities for market expansion.

The global power bank market is segmented on the basis of battery type, power rating, distribution channel, price range, and region. By battery type, the market is bifurcated into lithium-ion and lithium-polymer. Based on power rating, it is divided into up to 3,000 mAh, 3,001-8,000 mAh, 8,001-20,000 mAh, and above 20,000 mAh. Depending on distribution channel, it is segregated into online and offline. According to price range, it is fragmented into low range, mid-range-range, and premium range. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.

The key power bank industry leaders profiled in the report include Samsung Electronics Co., Ltd., Sony Corporation, Anker, Huawei Technologies, Mi, Intex, Zagg Inc., Panasonic Corporation, GP Batteries, and Lenovo Group Ltd.

These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Key Benefits

  • This study includes the analytical depiction of the power bank market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities in the power bank market.
  • The power bank market trends are quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
  • Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Topics Covered:

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Cxo Perspective

Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porter'S Five Forces Analysis
3.4. Market Share Analysis (2019)
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. The Rise in Demand for Smartphones Across the Globe
3.5.1.2. Reduced Cost of Power Banks
3.5.1.3. Increase in Demand of Power Banks for Laptops and Wearable Devices
3.5.2. Restraints
3.5.2.1. Wireless Charging in Smartphones
3.5.2.2. Increasing Preference Toward Rental Power Banks Among Users
3.5.3. Opportunities
3.5.3.1. Use of Solar Cells and Hydrogen Cells in Power Banks
3.5.3.2. Strong Distribution Network
3.5.3.3. Emerging Trends Toward Wireless Power Banks
3.6. Covid-19 Impact Analysis
3.6.1. Covid-19 Outbreak
3.6.2. Impact on Market Size
3.6.3. End-user Trends, Preferences, and Budget Impact
3.6.4. Key Player Strategies to Tackle Negative Impact
3.6.4.1. Limiting Cuts to R&D Expense:
3.6.4.2. Focusing on Next-Generation Products
3.6.4.3. Shifting Toward Agile Supply Chain Model
3.6.5. Opportunity Window
3.7. Impact of 5G on the Power Bank Market:

Chapter 4: Power Bank Market, by Battery Type
4.1. Overview
4.2. Lithium-Ion
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Lithium-Polymer
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country

Chapter 5: Power Bank Market, by Power Rating
5.1. Overview
5.2. Up to 3,000 Mah
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3.3,001 Mah-8,000 Mah
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4.8,001 Mah-20,000 Mah
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
5.5. Above 20,000 Mah
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country

Chapter 6: Power Bank Market, by Distribution Channel
6.1. Overview
6.2. Online
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Offline
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country

Chapter 7: Power Bank Market, by Price Range
7.1. Overview
7.2. Low Range
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Analysis, by Country
7.3. Mid-Range
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Analysis, by Country
7.4. Premium Range
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Market Analysis, by Country

Chapter 8: Power Bank Market, by Region
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia-Pacific
8.5. LAMEA

Chapter 9: Company Profiles
9.1. Anker Innovations Ltd.
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Operating Business Segments
9.1.5. Product Portfolio
9.1.6. Business Performance
9.1.7. Key Strategic Moves and Developments
9.2. Gp Batteries
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. Business Performance
9.2.7. Key Strategic Moves and Developments
9.3. Huawei Technologies
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. R&D Expenditure
9.3.7. Business Performance
9.3.8. Key Strategic Moves and Developments
9.4. Panasonic Corporation
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.4.6. R&D Expenditure
9.4.7. Business Performance
9.5. Lenovo
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. R&D Expenditure
9.5.7. Business Performance
9.5.8. Key Strategic Moves and Developments
9.6. Zagg Inc.
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. Business Performance
9.6.7. Key Strategic Moves and Developments
9.7. Xtorm (Telco Accessories B. V.)
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.7.6. Key Strategic Moves and Developments
9.8. Xiaomi Corporation
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Operating Business Segments
9.8.5. Product Portfolio
9.8.6. R&D Expenditure
9.8.7. Business Performance
9.8.8. Key Strategic Moves and Developments
9.9. Samsung Electronics Co. Ltd.
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. R&D Expenditure
9.9.7. Business Performance
9.9.8. Key Strategic Moves and Developments
9.10. Sony Corporation
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Operating Business Segments
9.10.5. Product Portfolio
9.10.6. R&D Expenditure
9.10.7. Business Performance
9.10.8. Key Strategic Moves and Developments

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