Power Bank Market to Witness CAGR of 22.1% in the Forecast Period of 2019 to 2026

Power Bank Market is forecasted to grow at 22.1% for 2019 to 2026 to an estimated value of USD 236.85 billion by 2026 with factors such as poor quality of power banks and increasing adoption of wireless charging technology hampering the market growth.

Power bank market has shown a significant adoption rate and preferences from the Asia- Pacific region.  Growing demand for consumer electronic products and presence of many renowned manufacturers is expected to enhance the market growth in the region.

Power Bank Market Scenario

According to Data Bridge Market Research the power bank market in developing regions is witnessing a growth in terms of its adoption rate, due to low cost of power banks, rising power consumptions of smartphones and availability of advanced technology in power banks.

Now the question is which are the regions that power bank market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific developing regions to help them in attaining better volume of revenue generation.

Power bank market is becoming more competitive every year with lithium ion (LI-Ion) battery currently being the largest market battery type for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the power bank market.

For more analysis on the power bank market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst?dbmr=global-power-bank-market

Power Bank Market Development

Stuffcool announced the launch of their new 10,000mAh power bank in November 2019. This new power bank has dual 2A USB outputs, will power smartphone faster as compared to the traditional 1A chargers.  This is also lighter and is available in black & white colors. With capacity LED indicator, it can easily provide information associated with the battery left in power bank.

Scope of the Power Bank Market

Power bank market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.

  • All country based analysis of the power bank market is further analyzed based on maximum granularity into further segmentation. On the basis of capacity range, the market is segmented into 500–3499mAh, 3500–6499mAh, 6500–9499mAh, 9500–12499mAh, 12500–15499mAh and above 15500mAh. USB port segment of the market is divided into one USB port, two USB ports and more than two USB ports. Energy source segment of the market is divided into electric and solar. Battery type segment of the market is divided into lithium ion (LI-Ion) battery and lithium polymer (LI-Polymer) battery. Application segment is segmented into smartphone, tablet, digital camera and laptop. The distribution channel is divided into online and offline. Based on price range, the market is divided into low, mid-range and premium range.
  • Power banks are handheld chargers which are specially designed for charging electronic gadgets. They are mainly used for charging electronics such as mobile phones, portable speakers, cameras, and others. They are available in different sizes and different battery capacities. Once power is available, they can charge the battery using a USB charger. They usually have lithium ion battery and lithium polymer battery.

To know more about the study https://www.databridgemarketresearch.com/reports/global-power-bank-market

Key Pointers Covered in the Power Bank Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • G.T. Internet Information Co.,Ltd
  • Lenovo
  • Microsoft
  • Panasonic Corporation
  • Sony Corporation
  • Anker Innovations Limited
  • ADATA Technology Co., Ltd
  • Intex
  • UNU Electronics Inc.
  • Shenzhen Century New Energy Battery Co. Ltd
  • Duracell Inc.
  • Syska, Ambrane India Pvt Ltd
  • Damson Group
  • Huawei Device Co., Ltd.
  • RAVPower
  • mophie, inc.
  •  ASUSTeK Computer Inc
  • OPPO
  • Apacer Technology Inc
  • Targus

Above are the key players covered in the report, to know about more and exhaustive list of power bank companies, contact us https://www.databridgemarketresearch.com/toc?dbmr=global-power-bank-market

Research Methodology: Global Power Bank Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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