Power Bank Market to Witness Huge Growth by Key Players: Anker Innovations, AUKEY, Xiaomi, ADATA, RAV Power, GRIFFIN, Lenovo, mophie and Others.

According to Market Study Report, Power Bank Market provides a comprehensive analysis of the Power Bank Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Power Bank Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Power Bank Market size is expected to grow at a CAGR of 10.8% from 2019 to 2024, reaching USD 17.9 Billion by 2024 from USD 9.5 Billion in 2018. This report spread across 194 pages, profiling 10 companies and supported with 150 tables and 44 figures are now available in this research.

Top Companies Profiled in the Power Bank Market:
o Anker Innovations (China)
o AUKEY (China)
o Xiaomi (China)
o ADATA (Taiwan)
o RAV Power (US)
o GRIFFIN (US)
o Lenovo (China)
o mophie (US)
o AMBRANE (India)
o INTEX (India)

"Power bank market to be driven by lithium-ion during the forecast period"
The lithium-ion battery segment is expected to hold a significant share of the power bank industry during the forecast period. Currently, lithium-ion batteries are the most used batteries by the manufacturers. Lithium-ion batteries have a high energy density, high conversion rate, and high energy capacity, as well as are cheaper to manufacture. They are inexpensive to produce as they have lower production costs and require low maintenance.

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"Digital display indicator segment to grow at significant CAGR during the forecast period"
Power banks with digital displays are expected to witness significant growth during the forecast period. Power banks with digital displays are relatively efficient as they display battery levels in numerals, thus making them easier to read and interpret. The digital display shows an accurate charging status and battery level.

"Power bank market in APAC to witness the highest growth rate in the coming years"
The power bank industry in APAC is expected to grow at the highest CAGR from 2019 to 2024. The market in APAC has the presence of prominent players that offer power banks at a low price, making them affordable for customers. Increasing demand for smart phones and other portable consumer electronic devices in countries such as China, Japan, South Korea, and India is driving the market for power banks in APAC.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 =35 %, Tier 2 = 45%, and Tier 3 = 20%
o By Designation: C-Level Executives = 35%, Directors = 25%, and Others = 40%
o By Region: North America= 45%, Europe = 20%, APAC = 30%, and RoW = 5%

Competitive Landscape of Power Bank Market:
1 Overview
2 Ranking Analysis, 2018
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Competitive Situations and Trends
4.1 Product Launches and Developments
4.2 Others

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Research Coverage:
This research report categorizes the power bank market by battery type, capacity, unit of USB port, indicator, application, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to this market, as well as the value chain and market ranking analysis.

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