- A Power Bank is a portable device used to charge electronic gadgets like smartphones and tablets. Designed for the North American market, it typically supports voltage standards of 110-120V. These power banks are essential for on-the-go charging, offering various capacities, USB ports, and fast-charging features for convenience.
- The North American power bank market is poised for significant growth, driven by several key factors. The increasing adoption of smartphones, tablets, and wearable devices has heightened the demand for portable charging solutions. Technological advancements, such as the integration of graphene batteries, are enhancing power bank performance and sustainability.
- U.S is expected to dominate the North America power bank market due to its high demand for portable charging solutions, driven by the widespread use of smartphones, tablets, and other electronic devices. Advancements in technology and e-commerce further support growth. All these factors boost the North America power bank market in the U.S during the forecast period.
- Canada is expected to be the fastest growing country in the North America power bank during the forecast period due to the increasing adoption of wearable devices, the expansion of the e-commerce sector, and advancements in battery technology, such as the integration of graphene batteries. These factors collectively contribute to the rising demand for portable charging solutions across the country.
- The Portable segment is expected to dominate the North America power market, with a market share of 37.23% during the forecast period. The increasing demand for compact and lightweight charging solutions. Consumers’ reliance on smartphones, tablets, and wearables, combined with the growing need for on-the-go power, drives the popularity of portable power banks.
