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Power Bank Market by Capacity Range, Number of USB Port, Energy Source, Battery Type, Application, and Region - Global Forecast to 2022

Power Bank Market: Global Forecast until 2022

  • May 2017
  • 173 pages
  • ID: 4884893
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"Power Bank market to exhibit a high increase between 2017 and 2022"

The power bank market is anticipated to grow at a compound annual growth rate (CAGR) of ~21.2 percent between 2017 and 2022 and is likely to be valued at ~$25.2B by 2022. The main driving factors for the increase ot the market contain the growing usage of electronic devices including smartphones and tablets, technological improvements, and electric outage in certain countries. Nevertheless, the main restraining factors for the increase of this market are improvement in the battery capacity of electronic devices and rising adoption of wireless charging technology in consumer electronic devices.

"Market for power banks with a capacity range of 12500-15499 mAh forecasted to grow at an important rate between 2017 and 2022"

The industry for power banks with a capacity range of 12500-15499 mAh is anticipated to increase at an important rate between 2017 and 2022. The increased battery capacity of mobile devices and laptops need high capacity power banks to recharge these devices; this is predicted to push the rise of the market.

"Smartphones to hold the most important share of the global power bank market between 2017 and 2022"

Smartphones hold the biggest size of the power bank market; the sector for smartphones is anticipated to rise at an important rate between 2017 and 2022. The growing penetration of smartphones, together with the extensive use of Internet services, is draining the battery power of smartphones quickly. Therefrom, the industry demand for power banks to run smartphones for a longer duration is rising in the industry.

"EU to be the quickest developing market for power banks between 2017 and 2022"

The sector for power banks in Europe (EU) is anticipated to grow at an important rate between 2017 and 2022. The manufacturers in EU are continuously seeking for recent growth opportunities by focusing on new technological developments in the power bank market. Additionally, the presence of a big number of techno savvy consumers with high disposable income provides to the increase of the power bank market in Europe (EU).

The break-up of the profiles of primary members taking part for the study has been provided below.

• By Company category: Tier 1 - 50.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 15.0 percent

• By Description: C-suite executives - 55.0 percent, Directors- 35.0 percent, and Others - 10.0 percent

• By Area: Americas - 25.0 percent, EU - 30.0 percent, Asia-Pac - 35.0 percent, and rest of the world - 10.0 percent

The top players operating in the power bank market contain Beijing Xiaomi Technology Co., Limited, Lenovo Group Ltd., Microsoft Corp., Panasonic Corp., Sony Corp., ADATA Technology Co., Limited, AsusTek Computer Inc., Ambrane India Pvt. Ltd., Anker Technology Co. Ltd., Intex Technologies, OnePlus Technology Co., Ltd., and uNu Electronics Inc. Ltd..

Segment Research

The research document breaks down the power bank market based on capacity range, number of USB port, energy source, battery type, application, and area.

The market has been split on the basis of capacity range into 500-3499 mAh, 3500-6499 mAh, 6500-9499mAh, 9500-12499 mAh, 12500-15499 mAh, and above 15500 mAh. On the basis of number of USB port, the power bank market has been categorized into one USB port, two USB ports, and more than two USB ports. The power bank market has been split on the basis of energy source into electric and solar. The power bank market, on the basis of battery type, has been divided into Li-ion batteries and Li-polymer batteries. The power bank market has been split on the basis of application into smartphones, tablets, portable media devices, digital cameras, laptops, and others navigators, e-readers, and smartwatches). The analysis includes the sector in four main geographical regions-the Americas, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Main highlights

Figures of segmentation, study, and forecast of the market established on capacity range, number of USB port, energy source, battery type, application, and area have been organized to give an global view of the power bank market.

The value chain has been analyzed to provide a detailed insight into the power bank market.

The main drivers, market restraints, alternatives, and opportunities for the power bank market have been precised in this industry report.

The market research includes an exhaustive competitive analysis, along with and complete study and revenue of main actors.

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