The global power bank market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period (2021-2027). The market growth is mainly driven by the increase in usage of electronics devices, advancement in technology, easy availability of power banks economic prices among others. The increasing adoption of electronic devices is one of the prime factors affecting and driving the market. Nowadays everyone is involved in using electronic devices such as mobile phones, tablets or it can be laptops for their work, so the requirement for portable energy sources is arising so that simultaneously, it can recharge multiple devices. Through usage and support of power bank, it can effectively and efficiently charge the devices without any electrical plug point as it is easy to carry anywhere and everywhere. Additionally, it supports rescuing the devices when it is short of battery when the direct power source is not available.
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Rising internet penetration has increased the usage of electronic devices which has led to an increased demand for portable charging sources. Looking towards the demand for power bank key manufacturers of the power bank is making new product launches. For instance, in March 2020, Xiaomi Technology, Co., Ltd. had launched its new Mi Wireless Power Bank in India.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2019
- Forecast period- 2021-2027
Segment Covered-
- By Battery Technology
- By Applications
- By Charging Mode
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Beijing Xiaomi Technology Co. Ltd., Lenovo Group Ltd., Microsoft Corp., Panasonic Corp., Sony Corp., AsusTeK Computer Inc., Anker Technology Co., Intex Technologies, and Ambrane India Pvt. Ltd.
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A full Report of Global Power Bank Market is Available at: https://www.omrglobal.com/industry-reports/power-bank-market
Global Power Bank Market Segment
By Battery Technology
- Lithium-Ion Battery
- Lithium Polymer Battery
By Type
- Smartphones & Tablets
- Laptop
- Others (Camera, Smart Band, Wireless Headset)
By Charging Mode
- Wired
- Wireless
By Energy Source
- Electric
- Solar
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
