This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global power bank industry. The report analyzes and declares the historical and current trends analysis of the global power bank industry and subsequently recommends the projected trends anticipated to be observed in the global power bank market during the upcoming years.
The global power bank market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global power bank market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global power bank industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global power bank industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global power bank market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global power bank industry. The global power bank market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global power bank sector. Key strategic developments in the global power bank market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global power bank market are appropriately highlighted in the report.
The power bank market has been witnessing a lucrative growth owing to the rising consumer demand for rechargeable & portable power backup devices. The increasing need for portable power banks is attributed to the growing adoption of consumer electronics goods such as smartphones, digital cameras, laptops, tablets, and portable media devices, throughout the past few years. The power banks are available in different shapes, sizes, colors, and capacities in the market.
Power bank manufacturers prefer installing lithium polymer batteries in their recently launched and upcoming products, as these batteries are lighter in weight, more compact, devoid of electrolytes, offer fast charging & discharging feature, and have flexible form factor compared to the lithium-ion batteries. Therefore, to avoid the risks of electrolyte leakage and battery explosions along with the development of lightweight power banks, the manufacturers are offering Li-polymer batteries-installed devices.
The global power bank market research report delivers an acute valuation and taxonomy of the global power bank industry by practically splitting the market on the basis of different battery types, unit of USB ports, indicators, capacities, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global power bank industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global power bank industry is provided for the leading economies of the world.
The global power bank market is segmented based on the battery type, unit of USB port, indicator, capacity, application, and region. On the basis of battery type, the global power bank market is bifurcated into lithium polymer (Li-Polymer) battery and lithium-ion (Li-Ion) battery. By unit of USB ports, the global industry is divided into single USB port, two USB ports, and more than two USB ports. Based on the indicator, the sector is categorized into digital display and LED lighting. Capacity-wise, the global sector is segmented into 20,000 mAh & above, 15,000–20,000 mAh, 10,000–15,000 mAh, 5,000–10,000 mAh, and 1,000–5,000 mAh. The global industry is segmented over applications into portable media device, smartphone, laptop, tablet, digital camera, wearable device, and others.
Report Attribute |
Details |
Market Size in 2019 |
USD 11 Billion |
Projected Market Size in 2026 |
USD 21 Billion |
Growth Rate |
CAGR 10% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Lenovo, Xiaomi, AMBRANE, RAVPower, INTEX, Anker Innovations, GRIFFIN, AUKEY, Mophie, and ADATA, among others. |
Key Segment |
By Battery Type, By Unit of USB Port, By Indicator, By Capacity, By Application, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the global power bank industry by its scope and segmentation is as follows:
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