Power Bank Market is predicted to thrive at a CAGR of 13.03% over the period 2019-2025

Knowledge Sourcing Intelligence announces the publication of a new report on "Power Bank Market- Forecasts from 2020 to 2025" to their offering. The power bank market is growing due to its being an essential accessory that today's consumer can't do without, it is a portable power storage device that is used to charge rechargeable batteries, which are an integral part of a variety of electronic devices like cellular devices, wearable devices, etc.

This report provides forecast and analysis of the power bank which is estimated to surge from US$16.867 billion in 2019 to US$35.173 billion by 2025. The power bank is segmented by Type, by product, by end-user industry, and geography. Segmentation on the basis of type is the Lithium-Ion(Li-Ion), Lithium Polymer (Li-Polymer) Battery. Segmentation on the basis of the end-user industry is the digital camera, laptop, portable media device, smartphone, tablet, wearable device, and others.

By geography, the power bank market has been segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The Asia Pacific market is expected to hold the dominating share in the market due to increasing disposable income of people in the region and industrialization in developing countries like India and China is growing the market for consumer electronics which will further increase the demand for a power bank in the region.

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This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the semiconductor chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global medical sensors.

Some of the major players covered as part of the report ADATA Technology Co., Ambrane India Pvt. Ltd., Duracell Inc., Griffin Technology, Huawei Device Co., Ltd., Lenovo, Panasonic Corporation, Sony Corporation, Syska, Philips, among others.

This report segmented the Power Bank market on the basis following terms:
By Type
o Lithium-Ion (Li-Ion) Battery
o Lithium Polymer (Li-Polymer) Battery

By Application
o Digital camera
o Laptop
o Portable Media Device
o Smart Phone
o Tablet
o Wearable Device
o Others

By Geography
North America
o United States
o Canada
o Mexico

South America
o Brazil
o Argentina
o Others

Europe
o Germany
o France
o UK
o Spain
o Others

Middle East and Africa
o Israel
o Saudi Arabia
o Others

Asia Pacific
o China
o Japan
o South Korea
o India
o Others

Target audience
o Manufacturers
o Suppliers
o Distributors
o Service Providers
o Government Agencies
o Research Organizations
o Consultants

Key insights offered
o What will be the global Power Bank market size from 2020 to 2025?
o How are the major drivers and restraints affecting the global Power Bank market growth and the opportunities which exist for key vendors?
o Which segment and region will drive or lead the market growth and why?
o A comprehensive analysis of competitive landscape and key market participants' behavior
o Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.