Technology Spending on Revenue Power Banks Market - Europe Grows Stronger in Demand for market
A power bank, commonly known as a battery charger, is a portable charger, used to charge a wide range of digital products. It is used as an external battery, plug-in charger or back-up charger for charging a rechargeable battery or secondary cell. Power banks can be used to charge products including mobile devices, laptops, digital cameras, and tablets among others. The design and make of a power bank depends on the type of device being charged. Power banks are not one-time equipments and can be recharged and re-used. Their capacity is measured in terms of mAh (milliampere-hour); higher mAh implies higher capacity of the power bank. Commonly, lithium batteries are used in power bank design for their compact nature, affordability and wide market reach. In addition, lithium being a highly reactive element can store energy more efficiently and can handle charge and recharge cycles effectively. The most significant part of power banks are the batteries and the PCB board. Presently, power bank batteries are categorized as square aluminium case, cylindrical battery and polymer battery.
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Increased demand and usage of mobile devices along with increasing broadband and wireless services (3G, 4G) penetration is driving the demand for power banks, globally. Growth in online retailing industry and reduction in prices of power banks is further cementing the growth of power banks market. Leading players in the power banks market are focusing on strengthening its distribution channels and thereby increasing its regional reach. Multichannel retailing is a key trend adopted by leading OEMs in the power banks market. In order to exploit the potential revenue opportunity in emerging economies, leading OEMs are expected to introduce their low cost quality products majorly manufactured in low labor cost regions such as China. With the increasing internet penetration and adoption of high speed internet services by smartphone and tablet users, the demand for power banks is anticipated to continue during the forecast period.
Key Content of Chapters (Including and can be customized)
Market Overview, Development, and Segment by Battery Type, Capacity Range, Application & Region
Global Market by company, Battery Type, Capacity Range, Application & Region
Europe Market by company, Battery Type, Capacity Range, Application
Key Regions of Europe Market by Battery Type, Capacity Range, Application
Company information, Sales, Cost, Margin etc.
Market Segment as follows:
Global (Europe, America, Asia etc.)
Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland, etc.)
• GP Batteries
• Samsung SDI
• FSP Europe
• DX Power
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Market by Battery Type
• Lithium Ion Batteries
• Lithium Polymer Batteries
• Market by Capacity Range
• 500–3499 mAh
• 3500–6499 mAh
• 6500–9499 mAh
• 9500–12499 mAh
• 12500–15499 mAh
• Above 15500mAh
Market by Application
Portable Media Devices
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