North America Power Bank Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

North America Power Bank Market Size

• The North America Power Bank market size was valued at USD 3,305.79 Million in 2024 and is expected to reach USD 8,226.43 Million by 2032, at a CAGR of 12.6% during the forecast period
• 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. Furthermore, presence of a large number of players is further anticipated to propel the growth of the North America power bank market.

North America Power Bank Market Analysis

• 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.

Report Scope and North America Power Bank Market Segmentation 

North America Power Bank Market Trends

“Sustainable Energy Trends Promote Eco-Friendly Power Bank Innovations”

• Manufacturers are increasingly using recycled plastics and biodegradable materials in power bank production, reducing environmental impact while maintaining performance and consumer appeal.
• Solar-powered power banks are becoming increasingly popular, offering an eco-friendly charging option. They harness renewable solar energy, reducing dependence on conventional electricity and supporting sustainable, off-grid power solutions for modern electronic devices.

• For instance, In April 2025, Anker Innovations unveiled its latest charging technology at CES 2025, emphasizing smart, sustainable, and powerful solutions. This initiative showcases the company's commitment to integrating eco-friendly practices into their product offerings.

Eco-friendly innovations in the North America power bank market are setting new industry benchmarks. These sustainable trends align with growing environmental awareness and are expected to shape future product development and consumer preferences.

North America Power Bank Market Dynamics

Driver

“Rising Smartphone Use Creates Ongoing Need for Mobile Power”

• In North America, smartphones are vital for communication, work, and entertainment. This high daily usage leads to rapid battery depletion, fueling strong demand for dependable mobile power banks across urban and suburban regions.
• North American consumers are opting for high-capacity power banks to support intensive smartphone use. Whether for business travel, remote work, or emergencies, these devices ensure uninterrupted connectivity and meet growing energy needs efficiently.

For instance,

• In March 2024, Belkin launched a 20,000mAh fast-charging power bank aimed at heavy smartphone users, highlighting the growing need for high-performance mobile power solutions.
  • With smartphone usage continually rising, the power bank market must adapt. Innovations in capacity and charging speed are essential to meet modern energy demands and maintain uninterrupted digital connectivity.

Opportunity

“Graphene Battery Integration Enhances Charging Speed and Energy Efficiency”

• Graphene-based power banks significantly enhance charging speed due to superior electrical conductivity. This advancement enables users across North America to recharge devices quickly, supporting fast-paced lifestyles and reducing downtime, especially during travel, business, or emergency situations.
• Minimizing energy loss during charge and discharge cycles, graphene batteries improve the overall efficiency and lifespan of power banks. This innovation supports North America’s growing shift toward energy-conscious products that offer both sustainability and high performance in daily electronic usage.

For instance,

• In February 2025, a prominent U.S. electronics company unveiled a graphene-powered prototype power bank aimed at high-use environments. The move showcases a pivotal step in advancing eco-friendly, high-capacity charging technologies for future commercial deployment in the North American market.

• Graphene battery integration in power banks marks a major shift in North America’s energy storage landscape, offering quicker charging, better efficiency, and longer life, aligned with sustainable and tech-driven consumer expectations.

Restraint/Challenge

“High Manufacturing Costs of Advanced Power Bank Technologies”

• The integration of advanced technologies like graphene and fast-charging capabilities leads to higher production costs, which can drive up the retail prices of power banks in North America, limiting affordability for some consumers.
• Developing new, efficient power bank technologies requires substantial investment in research and development, impacting companies’ profit margins and possibly slowing down widespread adoption in the competitive North American market.

For instance,

• In January 2025, a leading North American tech company announced plans to reduce graphene battery production costs by implementing automated manufacturing techniques, aiming to offer affordable, high-performance power banks to a broader consumer base.

• While high manufacturing costs hinder widespread adoption of advanced power bank technologies, ongoing innovations and cost-reduction strategies promise to make these eco-friendly, high-efficiency devices more affordable and accessible in North America.

North America Power Bank Market Scope

The market is segmented on the basis type, substrate material, application, form factor, panel size.

In 2025, the portable is projected to dominate the market with a largest share in by type segment

The portable segment is expected to dominate the North America power bank market, with a market share of 39.23% during the forecast period. The growing reliance on mobile devices like smartphones, laptops, and wearables. As consumers seek convenient, on-the-go charging solutions, portable power banks offer flexibility, speed, and ease, fuelling their widespread adoption.

The Single is expected to account for the largest share during the forecast period in North America power bank market

In 2025, the Single segment in the North America power bank Market is projected to hold the largest share of approximately 61.1%. The consumer demand for simplicity and convenience. With many users needing to charge one device at a time, single-port power banks offer a cost-effective, compact solution for everyday charging needs.

North America Power Bank Market Country Analysis

“U.S Holds the Largest Share in the North America Power Bank Market”

• The U.S. exhibits a strong preference for portable power banks, driven by the widespread use of mobile devices and the need for on-the-go charging solutions. This demand is further fueled by the increasing adoption of wearable electronics and the growing reliance on smartphones for various daily activities
• Continuous innovations in battery technology, such as the development of high-capacity lithium-ion and lithium-polymer batteries, have enhanced the performance and efficiency of power banks. These advancements cater to the growing need for faster charging and longer battery life, positioning the U.S. as a leader in power bank technology.

“Canada is Projected to Register the Highest CAGR in the North America Power Bank Market”

• The increasing popularity of wearable devices such as fitness trackers and smartwatches in Canada has heightened the demand for portable charging solutions. These devices often require frequent charging, making power banks essential for users seeking uninterrupted functionality during daily activities
• The growth of e-commerce in Canada has facilitated easier access to a variety of power bank options. Online platforms offer consumers the convenience of purchasing power banks from home, often with competitive pricing and detailed product information, driving market growth.

North America Power Bank Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

The Major Market Leaders Operating in the Market Are:

• Xiaomi
• Lenovo
• Microsoft
• Panasonic Corporation
• Sony Corporation
• ADATA Technology Co., Ltd.
• ASUSTeK Computer Inc.
• Zendure USA Inc
• Intex Technologies (I) Limited
• Portronics, Anker
• AUKEY
• RAVPower
• Griffin Technology
• UIMI
• uNu Electronics Inc.
• Romoss
• myCharge
• Belkin International Inc.

Latest Developments in North America Power Bank Market

• In January 2025, Baseus introduced the EnerGeek MiFi Power Bank at CES 2025. This innovative device combines a 20,000mAh power bank with a 4G mobile hotspot, supporting up to 10 devices simultaneously. Priced at $89.99, it offers 50Mbps download speeds and is compatible with U.S., Canadian, and Japanese networks. The EnerGeek MiFi Power Bank is set for release in April 2025.
• In April 2024, Calpine announced the construction of the Nova Power Bank, a 680-megawatt lithium-ion battery storage facility near Los Angeles. Scheduled to begin operations later this year, the plant aims to support California's power grid during peak summer periods. This facility underscores the state's commitment to renewable energy and grid resilience.

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