openPR Logo
Press release

Power Banks Market to Expand at Impressive 25.90% CAGR till 2022, Driven by Growing Use of Mobile Devices

10-13-2016 02:13 PM CET | IT, New Media & Software

Press release from: TMR Research Reports

The global power banks market is driven by the rising demand for and use of mobile devices. In addition to this, the global power banks market is propelled by the rising number of innovative power banks with elevated functionality, the growing broadband and wireless services penetration, increasing number of new stylish power banks on the horizon, and rising introduction of safety standards. Two other key trends shaping the global power banks market are the growing focus on creating products that complement the modern lifestyle of consumers and the increasing number of smartphone companies partnering with OEMs to certify power banks according to their standards.

On the basis of product, the global power banks market is divided into solar, battery case, and portable. In 2013, the global power banks market was led by the portable power banks segment, both in terms of revenue and unit shipments. The elevated functionality and convenience offered by these power banks over others is driving their popularity.

By power rating (capacity), the global power banks market is segmented into 3,001 mAh - 8,000 mAh, below 3,000 mAh, 8,001 mAh - 20,000 mAh, and above 20, 000 mAh. In 2013, the segment of 3,001 mAh - 8,000 mAh dominated the market in terms of revenue, while the below 3,000 mAh dominated the market in terms of unit shipments. Affordable power banks featuring battery capacity up to 3,000 mAh are projected to represent the largest share in terms of volume in the global power banks market during the forecast period.

PDF Sample For Full Details with Technological breakthroughs is @

According to the type of battery, the global power banks market is divided into lithium-polymer and lithium-ion. In 2013, the lithium-ion segment held a substantial share of nearly 86% in the global power banks market.Region-wise, the global power banks market is classified into Latin America, the Middle East and Africa, Asia Pacific, Europe, and North America. Revenue-wise, the North America segment held a dominant share of nearly 43% in the global power banks market in 2013. In developed regions such as North America and Western Europe, the global power banks market has witnessed a rise in demand for lithium-polymer power banks due to their slimness, safety, and light weight over lithium-ion power banks.

Two trends generating good growth opportunities for companies in the market are customization of power banks and strategic partnership with e-commerce firms. Some of the key players operating in the global power banks market are Hitachi Maxell, mophie, Limefuel, Anker, Sony Corporation, Panasonic Corporation, and Samsung Electronics.

A featured report from Transparency Market Research on the global power banks market offers key insights into the market. This report is titled, “Power Banks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”. According to this report, the global power banks market is projected to expand a strong CAGR of 25.90% during the forecast period from 2014 to 2022. In 2013, the global power banks market was worth more than US$7.3 bn and by 2022, the market is projected to be worth over US$36.1 bn.

Browse the full Power Banks Market (Portable Power Banks, Battery Cases, Solar Power Banks) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022 report at:

Market Segmentation of Global Power Banks Market:

Global Power Banks Market, by Product Type

Battery case
Global Power Banks Market, By Power Ratings (Capacity)

Below 3,000 mAh
3,001 mAh – 8,000 mAh
8,001 mAh – 20,000 mAh
Above 20,000 mAh
Global Power Banks Market, By Type of Battery


Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Power Banks Market to Expand at Impressive 25.90% CAGR till 2022, Driven by Growing Use of Mobile Devices here

News-ID: 372031 • Views: 273

More Releases from TMR Research Reports

Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation …
Three phase transformer are widely used in power systems. They are more economical compared to single phase transformers. There is a growing demand of reliable technology allied to the power flow management within the power systems. They are of single unit which means all windings wound around the same core, immersed in one tank, or of three single phase units. These transformers have the windings connected in various ways like
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering h …
Smart Irrigation Market: Overview The amount of agricultural output is expected to grow till 2030, says a report by the Food and Agriculture Organization. With a projected growth of 1.4% in the aggregate crop production worldwide, the demand for supplies and solutions from industries working in the periphery of the agricultural sector is expected to rise. However, this does not necessarily mean that land under cultivation will rise dramatically. If anything,
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be …
Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device and majorly finds application in switch, pulse modulation and phase control among others. This device competes with other power semiconductor devices including power MOSFETs, Silicon-Carbide (SiC), Gallium-Nitride (GaN). IGBT has been gaining demand owing to lower switching losses and higher reliability, which highlights features including higher efficiency and better thermal performance. The increasing focus and increased investments in R&D on
Film Machinery Market - Growth in Distribution Channels to Open Opportunities fo …
Films play a significant role in packaging industry. Polymers such as polyethylene, polypropylene, polyvinyl chloride (PVC), polyester and EVOH are usually used as film materials in the packaging industry. Films are usually manufactured by extrusion process and are in various forms depending upon their end use. Cast films, blown films, shrink films, oriented films and co-extruded films are some of the most important variations of films. Plastics packaging is

All 5 Releases

More Releases for Power

Japan Power Market Outlook to 2030, Update 2018 – The Kansai Electric Power, C …
Japan Power Market This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generation
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E …
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental market’s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distribution
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 …
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan. The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,
Temporary Power Generation/Power Rental Market Analysis by Leading Manufacturers …
A new research study from HTF MI with title Global Temporary Power Generation/Power Rental Market Size, Status and Forecast 2025 provides an in-depth assessment of the Temporary Power Generation/Power Rental including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Temporary Power Generation/Power Rental investments till 2022. Access Sample Copy @: If you are involved in
DC Power Connectors ,DC Power Connectors industry, DC Power Connectors market tr …
Global DC Power Connectors Industry New Study on “2018-2025 DC Power Connectors Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” added to Wise Guy Reports Database This report studies the global DC Power Connectors market status and forecast, categorizes the global DC Power Connectors market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other
Global Temporary Power Generation/Power Rental Market 2017 - Aggreko, HSS, Power …
Increasing power consumption for industrial and commercial applications has built up a demand-supply gap in the power market. This gap is even more evident during the peak hours for electricity consumption. This has led to the development of power rental systems which are capable of providing temporary power during phases of the low power supply. Scope of the Report: This report focuses on the Temporary Power Generation/Power Rental in Global market, especially