Press release
Europe Power Bank Market Expected To Be Worth $7,759.25 Million by 2024
Global Power Bank Market 2024
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The major factors driving the growth of Europe power bank market are large number of techno savvy consumers with high disposable income and growing usage of smartphones
Key questions answered in this report
What will the market size be in 2024 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Market Segmentation:
The global power bank market is segmented on the basis of charge capacity, product type and distribution channel. The charge capacity market is segmented into portable mobile power bank, ultra-portable mobile power bank, big charge power bank and high charge power bank. Portable mobile power bank is further sub segmented by battery size into 10000 mAh, 10000 to 15000 mAh and 15000 to 20000 mAh. Ultra-portable mobile power bank is further sub segmented by battery size into 5000 to 10000 mAh and 3000 to 5000mAh. In 2017, the portable mobile power bank segment is expected to dominate the market with a share of 53.8% and ultra-portable mobile power bank is expected to grow with the highest CAGR 24.3% during the forecast period from 2017 to 2024.
On the basis of product type, the market is segmented into portable mobile power bank, laptop power bank and phone case power bank. In 2017, the portable mobile power bank market segment is expected to dominate the market and is expected to continue this trend till 2024.
On the basis of distribution channel, the market is classified into online market, hypermarket and mobile stores. In 2017, the online market segment is expected to dominate the market and is expected to continue this trend till 2024.
Key Drivers:
• Large number of techno savvy consumers with high disposable income
• Growing usage of smartphones.
Key Points:
Sony Corporation is dominating the power bank market followed by Xiaomi, along with others such as Shenzhen Century New Energy Battery Co. Ltd., Anker Technology Co. Limited, Microsoft, Lenovo, Panasonic Corporation, ASUSTeK Computer Inc., ADATA Technology Co., Ltd., Intex, uNu Electronics Inc., and Portronics among other companies.
• On the basis of charge capacity, portable power bank market is driving the market with the highest market share 53.8% in 2017 and ultra-portable power bank market is driving the market with the highest CAGR 24.3% for the forecast period 2017-2024.
• On the basis of product type, portable mobile power bank is expected to dominate the market with 68.5% and is expected to continue this trend till 2024.
• On the basis of distribution channel, online market segment is expected to dominate the market with highest CAGR 24.0% and is expected to this trend till 2024.
Global Power Bank Market report Inquire Here @
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Related Market Insights:
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Global Wireless Audio Market By Product Type (Speaker Systems, Soundbars, Headsets, Headphones, Microphones, Others) By Technology (Bluetooth, WI-Fi, Radio Frequency, Airplay, Bluetooth +Wi-Fi, Others)By application (Home Audio, Consumer, Commercial, Automotive, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
More Insights: http://databridgemarketresearch.com/reports/global-wireless-audio-market/
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