02-11-2019 04:49 PM CET - Advertising, Media Consulting, Marketing Research
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Power Bank Market to Reach $19,404.2 Million, By Leading Industry Players Samsung Electronics Co., Ltd., Sony Corporation, Anker, Huawei Technologies, Xiaomi Corporation, Intex, Zagg Inc., GP Batteries, Xtrom, and Lenovo Group Ltd.

Press release from: Allied Market Research
Power Bank Market
Power Bank Market
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.

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.

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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.

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.

Analyst Review:

Power banks are portable chargers, which are equipped with a circuit to control power flow. Rapid demand for compact electronic devices equipped with rechargeable batteries such as smartphones, tablets, and laptops has boosted the growth of the global power bank market. In addition, advent of 4G network and consistent use of internet services have made these devices more power-demanding, which in turn is attributed to the high demand of power banks.

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North America is one of the key contributors to the power bank market in terms of revenue, owing to in the growing need for smartphones and tablets across various industry verticals. In addition, increase in user base of smartphones and tablets globally drives the growth of the power bank market. Moreover, technological advancements such as use of solar cell and hydrogen cells in power banks are expected to offer lucrative opportunities to the market in North America. In addition, introduction of advanced technology such as digital watches is anticipated to boost the demand for power banks in future, thereby propelling the market growth.

Key Benefits for Power Bank market:

• This study comprises an analytical depiction of the global power bank market along with the current trends and future estimations to depict the imminent investment pockets.

• The overall market potential is determined to understand the lucrative trends to gain a stronger foothold in the global power bank market.

• The report includes information related to key drivers, restraints, and opportunities with a detailed impact analysis.

• The current market is quantitatively analyzed from 2014 to 2025, where 2014-2016 is accounted as historical data, base year as 2017, and the forecast year is 2019-2025 to highlight the financial competency of the industry.

• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the global market.

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)
TABLE 71. SOUTH KOREA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 72. REST OF ASIA-PACIFIC POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 73. REST OF ASIA-PACIFIC POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 74. REST OF ASIA-PACIFIC POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 75. REST OF ASIA-PACIFIC POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 76. LAMEA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 77. LAMEA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 78. LAMEA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 79. LAMEA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 80. LATIN AMERICA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 81. LATIN AMERICA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 82. LATIN AMERICA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION) 190
TABLE 83. LATIN AMERICA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 84. MIDDLE EAST POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 85. MIDDLE EAST POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 86. MIDDLE EAST POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 87. MIDDLE EAST POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 88. AFRICA POWER BANK MARKET, BY BATTERY TYPE, 20172025 ($MILLION)
TABLE 89. AFRICA POWER BANK MARKET, BY POWER RATING, 20172025 ($MILLION)
TABLE 90. AFRICA POWER BANK MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)
TABLE 91. AFRICA POWER BANK MARKET, BY PRICE RANGE, 20172025 ($MILLION)
TABLE 92. ANKER INNOVATIONS LTD.: COMPANY SNAPSHOT

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