Power Bank Market: Goal Zero, Anker, Apacer, Braven LC-INCIPIO, EasyAcc.com, GP Batteries, IEC Technology, Maxell Holdings, MiPow and more

The global power bank market was valued at US$ 7.10 Bn in 2018 and is expected to reach US$ XX Bn by the end of the forecast period, growing at a CAGR of 17.3% during the period from 2018 to 2023. In terms of volume, the global market was at XX Mn Units in 2018 and is projected to reach XX Mn Units by 2023 at a CAGR of XX%.

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The notable players operating in this industry include Goal Zero Corporation, Anker Technology Co. Limited, Apacer Technologies Inc., Braven LC-INCIPIO Technologies Inc., EasyAcc.com, Goal Zero Corporation, GP Batteries International Ltd., GP Batteries International Ltd., IEC Technology LLC, Maxell Holdings Ltd., MiPow Limited, Mophie Inc., Panasonic Corporation, Rav Power, Samsung Electronics Co., Ltd., Sony Corporation, Xtorm BV, and Adata Technology Co., Ltd., among others.

The company profiles will include key information about companies such as company description, base of operations, operational presence, product/business portfolio, employee strength, list of key stakeholders and board of directors, organizational structure, key competitors and their details, financial information such as revenue growth, profit margin, market capitalization, market positioning of key players, share price comparison, SWOT analysis, key developments, business strategies, and analysts’ views. The information for individual companies has been derived through financial reports, paid databases, and company news articles, among others.

The power bank market is witnessing an extensive competition among the manufacturers, in order to grab more customer attention across the globe. The market growth of power bank products is attributed to strategic mergers and acquisitions, joint ventures & partnerships, free distribution of products, product development and innovation, and geographical expansion, among others. Companies such as Anker Technology Co. Limited, offers a wide range of products in different prices and grabs customer attention. The company merged with Nintendo in 2018 to launch portable power banks for gamers, as these power banks give up to 15 hours of additional play time. Another Company Xiaomi launched Mi Power Bank 2i Range that has 2,000 mAh Mi Power Bank 2 and 10,000 mAh Mi Power Bank 2. Adata Technology Co., Ltd. launched X7000 power bank in 2017. The product has battery capacity of 7000 mAh and has two output USB ports.

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RECENT DEVELOPMENTS IN THE MARKET:
• Anker: In April 2017, Anker launched the most compatible USB-C power bank in the market. The battery will be able to charge the Nintendo Switch in portable mode and Apple’s iPad Pro and a wide variety of USB-C Power Delivery-enabled devices at full speed.

• Riversong: In Nov 2018, Riversong launched 'Ray Series', which are light-weight power banks. The power bank can be recharged with USB Type-C cable and Micro USB cable. The 'Ray series' Power Banks can be recharged using both USB Type-C cable and Micro USB cable, helping the user to conveniently use the same cable to charge the phone and the external power bank.

• Who are the key competitors of companies with respect to their products, revenue, geographical presence, and market positioning?
• How is a particular company performing against its competitors?
• What are the Strengths, Weaknesses, Opportunities, and Challenges for major companies in the market?
• What are the strategies for growth adopted by the companies in the market?
• What is the market positioning of the players with respect to their business strength and product portfolio?
• What are the recent trends in the market? (M&A, partnerships, new product developments, expansions)
• How is the market players’ presence with respect to region and segment?
• Who are the key customers of the market?

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RELATED REPORTS ON POWER BANK MARKET:

Global Power Bank Market Full Report
Global Power Bank Market Summary Report
Global Power Bank Market Segmentation Report
Global Power Bank Market Regional Report
Global Power Bank Market Statbook

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