Power Bank Market Growth Analysis By Top Key Players: Samsung Electronics Co., Ltd., Sony Corporation, Anker, Huawei Technologies, Xiaomi Corporation, Intex, Zagg Inc., GP Batteries, Xtrom, and Lenovo Group Ltd.

The global power bank market is expected to witness considerable growth due to reduced cost of power banks and use of solar and hydrogen cells in power banks. The power bank industry is projected to witness significant growth, especially in the emerging economies, owing to increase in adoption of smartphones and other wearable electronics, which further propel the market growth.

According to a recent report published by Allied Market Research, titled,"Power Bank Market by Battery Type, Power Rating, Distribution Channel, and Price Range: Global Opportunity Analysis and Industry Forecast, 2019 - 2025,"the global power bank market was valued at $16,338.0 million in 2017 and is projected to reach at $19,404.2 million by 2025, growing at a CAGR of 2.0% from 2019 to 2025.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1714?utm_source=OPR

Power bank is a portable consumer durable containing a rechargeable battery, which can be used for charge mobile phones and tablets. Lithium ion (Li-ion) and lithium polymer (Li-polymer) are the two most common types of batteries used in power banks, with the former witnessing higher demand. Li-ion batteries exhibit various characteristics such as high energy density and low cost. However, the efficiency of Li-ion batteries decreases with time even when not in use.

Increasing use of digital products equipped with rechargeable batteries, such as smartphones, iPads, notepads, Bluetooth speakers, and headphones drives the growth of the power bank market. The emergence of new technologies in consumer electronics, such as wireless technologies, artificial intelligence, and IoT services, coupled with increase in penetration of internet services has fueled the use of gadgets, thereby boosting the growth of the market. For instance, Blaupunkt, a consumer lifestyle and technology brand in Germany, announced its plans to enter the Indian mobile accessories market with its product line of smartphones, smart watches, and others. This is expected to boost the growth of the global power bank market during the forecast period.

The growth of the global power bank market is driven by rise in demand for smartphones across the globe and increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper the market growth. On the other hand, development of solar & hydrogen fuel-based power banks and increase in trend of wearable devices are expected to offer lucrative opportunities for the market growth.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/1714?utm_source=OPR

The key players profiled in the report include Samsung Electronics Co., Ltd.; Sony Corporation; Anker; Huawei Technologies; Xiaomi Corporation; Intex; Zagg Inc.; GP Batteries; Xtorm; 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.

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 divided into low, mid-range, and premium range. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Rise in demand for smartphones across the globe, reduced cost of power banks, emergence of wireless charging in smartphone, and use of solar cells and hydrogen cells in power banks are some of the significant factors that have prominent effects on the growth of the market.

Currently, the adoption of smartphones is increasing rapidly due to surge in internet penetration and rise in popularity of social networking sites in China, India, and Indonesia. Moreover, ongoing trend of e-banking and online shopping has fueled the demand for smartphones, which in turn drives the growth of the power bank market.

As a part of the green energy initiative, the use of solar and hydrogen cells in power banks has increased and has even reduced the dependence on electrical energy to some extent. The utility of solar and hydrogen cell has changed from a backup/plug-in charger to an independent source of energy, which is anticipated to attract new consumers and user segments. Thus, these factors are expected to create remunerative opportunities for market expansion.

LIST OF TABLES

TABLE 01. GLOBAL POWER BANK MARKET, BY BATTERY TYPE, 20172025($MILLION)
TABLE 02. POWER BANK MARKET REVENUE FOR LITHIUM-ION, BY REGION, 20172025 ($MILLION)
TABLE 03. POWER BANK MARKET REVENUE FOR LITHIUM-POLYMER, BY REGION, 20172025 ($MILLION)
TABLE 04. GLOBAL POWER BANK MARKET, BY POWER RATING, 20172025($MILLION)
TABLE 05. POWER BANK MARKET REVENUE FOR UP TO 3,000 MAH, BY REGION, 20172025 ($MILLION)
TABLE 06. POWER BANK MARKET REVENUE FOR 3,001 MAH-8,000 MAH, BY REGION, 20172025 ($MILLION)
TABLE 07. POWER BANK MARKET REVENUE FOR 8,001 MAH-20,000 MAH, BY REGION, 20172025 ($MILLION)
TABLE 08. POWER BANK MARKET REVENUE FOR ABOVE 20,000 MAH, BY REGION, 20172025 ($MILLION)
TABLE 09. GLOBAL POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025($MILLION)
TABLE 10. POWER BANK MARKET REVENUE FOR ONLINE DISTRIBUTION CHANNEL, BY REGION, 20172025 ($MILLION)
TABLE 11. POWER BANK MARKET REVENUE FOR OFFLINE DISTRIBUTION CHANNEL, BY REGION, 20172025 ($MILLION)
TABLE 12. GLOBAL POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 13. POWER BANK MARKET REVENUE FOR LOW PRICE RANGE, BY REGION, 20172025 ($MILLION)
TABLE 14. POWER BANK MARKET REVENUE FOR MID-RANGE, BY REGION, 20172025 ($MILLION)
TABLE 15. POWER BANK MARKET REVENUE FOR PREMIUM-RANGE, BY REGION, 20172025 ($MILLION)
TABLE 16. NORTH AMERICAN POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 17. NORTH AMERICAN POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 18. NORTH AMERICAN POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 19. NORTH AMERICAN POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 20. U. S. POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 21. U. S. POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 22. U. S. POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 23. U.S. POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 24. CANADA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 25. CANADA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 26. CANADA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 27. CANADA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 28. MEXICO POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 29. MEXICO POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 30. MEXICO POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 31. MEXICO POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 32. EUROPEAN POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 33. EUROPEAN POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 34. EUROPEAN POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 35. EUROPEAN POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 36. UK POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 37. UK POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 38. UK POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 39. UK POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 40. GERMANY POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 41. GERMANY POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 42. GERMANY POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 43. GERMANY POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 44. FRANCE POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 45. FRANCE POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 46. FRANCE POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 47. FRANCE POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 48. REST OF EUROPE POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 49. REST OF EUROPE POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 50. REST OF EUROPE POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 51. REST OF EUROPE POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 52. ASIA-PACIFIC POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 53. ASIA-PACIFIC POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 54. ASIA-PACIFIC POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 55. ASIA-PACIFIC POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 56. CHINA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 57. CHINA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 58. CHINA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 59. CHINA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 60. JAPAN POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 61. JAPAN POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 62. JAPAN POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 63. JAPAN POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 64. INDIA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 65. INDIA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 66. INDIA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 67. INDIA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 68. SOUTH KOREA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 69. SOUTH KOREA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 70. SOUTH KOREA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)

Access Full Summery @ https://www.alliedmarketresearch.com/power-bank-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.