Global Power Bank Market - Industry Analysis by Capacity Range and Application, 2014-2022

Allied Market Research has recently published a comprehensive report on the world power bank market. The study contains vital industry data about various factors, such as Market trends, dynamics, size, share, and growth for the forecast period 2014–2022. It considers the different capacity ranges of power bank products along with a look into their different applications. It further examines the individual performance of each segment in the global market. According to the expert analysts behind the making of this report, the industry is expected to garner a total of $29,576 million by the end of 2022. This figure is expected to be reached at by a consistent CAGR of 23.3% during the given forecast period.

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The power bank market report begins with an introduction to the basic market constituents. The research methodologies followed include sourcing of raw data from the primary and secondary research sources. The in-depth study of the market is arrived at with the proper use of analyst tools and models. The in-car infotainment market share’s complete analysis for the year 2015 is provided with a clear value chain analysis also. It focuses on the key drivers, opportunities, restraints, challenges faced by the infotainment markets. The key findings of the study are enlisted which include the different investment pockets and winning strategies employed by the market players to sustain in the industry.

The study classified the diverse segments based on the capacity range of power banks as well as based on the application types. It also focuses on the individual market size of each segment and forecasts growth potential of the same for the given period. According to the report, the use of power banks in smartphones accounted for the highest revenue in the global market in 2015. Nearly 50% of the share, the smartphone application segment is expected to reach nearly one-sixth share of the global market by 2022. In capacity ranges, the 12,500 mAh–15,499 mAh and above 15,500 mAH segments are estimated to have the fastest CAGRs of 26.51% and 31.70% respectively, in the given forecast period.

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Key Findings of Power Bank Market:

• The global power bank report highlights the fact that the smartphone segment was responsible for the highest revenue-generation in the global market. It is expected to increase exponentially in the next few years and accounts for a significant one-sixth portion of the entire market by 2022.

• The rise in the expenditure on smartphones and tablets by the global populace is expected to augment the developments in technology and further propel the market growth. The increase in disposable income of the populace is also expected to drive the market ahead.

• According to the findings of the report, North America proved to be the largest market for power banks in 2015 and is expected to grow at a CAGR of 20%, in terms of revenue, from 2016 to 2022.

• The above 15,500 mAh segment is estimated to exhibit the fastest CAGR of 31.7% during the given forecast period.

An extensive competitive analysis of the market landscape is also included in the report. With a detailed study of the major companies engaged in the industry, the report entails a better understanding of the market dynamics. The major players enlisted in the report are Sony Corporation, Microsoft Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., UNU Electronics, Anchor Technology Co. Ltd., Beijing Millet Technology Co. Ltd. (Xiaomi), and Oneplus. The study includes data and vital inputs about their product profiles, market shares, business strategies and individual performances in the given period.

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