- Power banks are an essential portable battery to carry on long drives or trips. It basically enables to store electric energy through which it gets pre-charged and then used to charge the USB charged devices such as phones, laptops, cameras, tablets, portable speakers, I pods and GPS systems
- China is expected to dominate the Power Banks market due to its large consumer electronics manufacturing base and high smartphone penetration.
- India is expected to be the fastest growing region in the Power Bank Market during the forecast period due to rising smartphone adoption, affordable internet access, and expanding e-commerce channels.
- The Capacity segment is expected to dominate the market with a 43.67% share due to increasing consumer preference for high-capacity power banks that can charge multiple devices. This trend is driven by the growing use of power-intensive applications and longer device usage times.
