Press release
At CAGR of 8.0%, Portable Battery Pack (Power Banks) Market Size, Share, Trend, Industry Future Growth by 2027 | BYD Company Limited, mophie, Inc., Energizer Holdings, Inc.
The global Portable Battery Pack (Power Banks) Market was accounted for US$ 877 Mn in terms of value in 2019 and is expected to grow at CAGR of 8.0% for the period 2020-2027.Power banks are a very popular device, and many people own one today. It's a fantastic item to have and can be used for a variety of activities, like charging your phone or laptop, as well as charging all of your power needs at home or at work. These batteries are quite popular because they can be purchased for a reasonable price and can last a long time if properly cared for. Furthermore, the cost of these batteries when it comes time to dispose of them is very minimal, so it is undoubtedly a wise investment.
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The research looks at the Portable Battery Pack (Power Banks) Market in detail, including market share, size, growth prospects, and dynamics. For the research, a business appraisal based on the report's real forecasts is required. In market analysis, a Portable Battery Pack (Power Banks) is a large collection of critical data related to the industry's numerous competitors. The study also examines a variety of regions where the global Portable Battery Pack (Power Banks) industry has grown. A Portable Battery Pack (Power Banks) market research study includes a detailed contextual analysis, reliable estimations, and historical data on Portable Battery Pack (Power Banks) market share.
Key Players: -
BYD Company Limited, mophie, Inc., Energizer Holdings, Inc., Cheero USA, Inc., Simplo Technology Co. Ltd., Braven LC, Simplo Technology Co. Ltd., Anker Technology Co. Limited, Sony Corporation, Xiaomi, and Panasonic Corporation.
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Market Segmentation and Region -
By Battery Type: (Li-ion (Lithium ion) Battery, Li-polymer (Lithium-Polymer) Battery, Nickel Metal Hydride Battery and Ni-Cd (Nickel Cadmium) Battery)
By Capacity Segment: (1,000 mAh to 2,500 mAh, 2,500 to 5,000 mAh, 5,000 to 7,500 mAh, 7,500 to 10,000 mAh and Above 10,000 mAh)
By Product Type: (Mobile Phones, Tablets and Others (portable media players and other electronic devices))
By Price Range: (Low, Mid and High)
Market Geography -
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
In addition, the Portable Battery Pack (Power Banks) market analysis clarifies the leading players' new positions in a fast-paced market. This Portable Battery Pack (Power Banks) study provides a comprehensive analysis of the numerous aspects of business growth that have an impact on local and regional markets. In order to better comprehend the importance of the Portable Battery Pack (Power Banks) area in a growing geographical environment, the Portable Battery Pack (Power Banks) sector study contains a quantitative comparison of economies and marketplaces. Moreover, the research report offers exact estimates for the future of the Portable Battery Pack (Power Banks) Market, which can assist a number of important rivals in increasing their profit margins.
Market Trends -
The portable battery pack (power bank) industry is predicted to develop in response to rising smartphone adoption. According to a Pew Research Center report from February 2019, more than 5 billion individuals own mobile devices, with smartphones accounting for more than half of these connections. Furthermore, the market's predicted expansion would be aided by the increasing e-commerce sector. According to the India Brand Equity Foundation, India's e-commerce business is predicted to grow from US$ 38.5 billion in 2017 to US$ 200 billion by 2026.
Players in the portable battery pack (power bank) industry should expect significant growth prospects as PC sales increase. According to Gartner, Inc., a research and advisory business, worldwide PC shipments in the fourth quarter of 2019 were 70.6 million units, up 2.3 percent from the fourth quarter of 2018.
Benefits of Reflow Oven Market Report:
- In-depth knowledge of the portable battery pack (power bank) market's size and growth Opportunities for growth and essential product development strategies are easily identified.
To aid in the decision-making process, historical and forecast data for the portable battery pack (power bank) market is provided.
- To aid in decision-making, the production and consumption ratios, import/export data, and the company's market position are all described with graphs and charts.
Charts, tables, graphs, and other visual representations of statistical analysis
Recommendations for strategic partners and suppliers
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Coherent Market Insights -
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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