Portable Power Bank Market Research Report Covering Prime Factors and Competitive Outlook till 2027

The global Portable power bank market size was valued at USD 6.8 billion in 2019 and is anticipated to exhibit a compound annual growth rate (CAGR) of 18.4% from 2020 to 2027.

The growth of this market can be attributed to the increase in the adoption of smartphones and other electronic devices, the rising power consumption of electronic devices due to advancements in mobile technologies, affordability of power banks, and extension in the reach of online retail platforms for end-users. One of the prominent drivers of the market is the growing use of smartphones and tablets. The number of smartphones in emerging markets such as India, China, and Brazil has significantly increased owing to the reducing costs of mobile technologies. The increase in popularity of smartphones among consumers can be attributed to the changing lifestyle of consumers. This is likely to remain an important driving factor for the global power bank market.

The Power Bank is the battery storage gadget, which is used to charge electronic devices such as smartphones, tablets, iPads, and others. The power bank is the designed electronic circuitry, manages to charge other devices. It is a kind of mobile accessory that allows accumulating the charge from the charger and store in the form of a battery and then utilizes it as a source of power supply at the time of urgency. It extensively finds its application in charging smartphones, digital cameras, laptops, and several other devices.

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Global Portable Power Bank Market: Major Players
Sony
PISEN
Samsung
GP Batteries
alloKOREA
ROMOSS
Lepow
LG
TP-LINK
YOOBAO
iWALK
Xiaomi Corporatio
Maxell
KOKIRI
Pineng
RavPower
Mophie
Swiss Military

Global Portable Power Bank Market: By Types
Up To 3000 mAh
3001 - 8000 mAh
8001 - 20000 mAh
Above 20000 mAh

Global Portable Power Bank Market: By Applications
Smartphone

Global Portable Power Bank Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Portable Power Bank market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players

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