Power Banks Market to 2025 - Microsoft Corporation, uNu Electronics, Mophie, OnePlus, Sony Corporation, Xiaomi Technology, AdCom, Hitachi Maxell, MiPow, Xtorm BV, Limefuel, Samsung Electronics
Power bank or a portable charger is lithium-ion or lithium-polymer based battery used to charge a variety of electronic devices such as tablets, smartphones, music players and other devices with USB slots. With extensive use of internet on electronic devices and limited capacity of inbuilt batteries, there is a rising demand for an external power source that enables the users to charger their devices on the go. The growing demand of power bank in a variety of segments such as communication & technology, and medical & military is expected to create opportunities for the power banks market.
Some of the prominent players of the global power banks market include Microsoft Corporation, uNu Electronics Inc., Mophie Inc., Panasonic Corporation, OnePlus, Sony Corporation, Xiaomi Technology Co. Ltd, AdCom, Hitachi Maxell, Ltd., MiPow Limited, Xtorm BV, EassyAcc.com, Inc., Limefuel LLC, Samsung Electronics Co. Ltd., Anker, GP Batteries International Ltd. And Apacer Technologies, Inc., among others. Strengthening distribution channel, product innovation, certifying products, and leveraging e-commerce platforms to drive sales are few of the strategies adopted by key players in the global power banks market.
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Power bank has been witnessing a rising demand from the consumers worldwide, owing to its portability feature and reusability feature upon recharging. Depending upon the usage, consumers have options to purchase power banks with different capacities. Also, power banks are available in different shapes such as square, rectangular and cylinder and sizes providing users with a variety of choices.
The global power bank can be segmented on the basis of capacity range, namely: up to 2,000 mAh; 2,001 mAh - 5,000 mAh; 5,001 mAh - 10,000 mAh; 10,001 mAh - 20,000 mAh, and above 20,000 mAh. Further, on basis of the number of Universal Serial Bus (USB) ports, the global power bank market is segmented as one, two, or more than two USB ports. Based on technology, the global power banks market is further segmented into lithium-ion (Li-ion or LIB) and lithium-polymer battery.
The global power bank market is divided into five major regions which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). North America leads the global power banks market with high awareness regarding technologically advanced products/gadgets, leading to high adoption of power banks. However, APAC with significant penetration of smartphones and mobile devices by a huge number of consumers is expected to lead the global power banks market in the near future.
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Reason To Buy
Highlights key business priorities in order to assist companies to realign their business strategies
- Highlights Power Banks Market hereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Power Banks Market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America
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