Power Banks Market Size Estimated to Reach USD 14.2 BN by 2028, With 7.6 % CAGR: Statistics Report by Credence Research

The key players in the global Power Banks Market in terms of value and volume include Anker Innovations (China), AUKEY (China), Xiaomi (China), ADATA (Taiwan), RAVPower (US), GRIFFIN (US), Lenovo (China), mophie (US), AMBRANE (India), and INTEX (India), among other.

The latest market report published by Credence Research, Inc. “Global Power Banks Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Power Banks Market generated revenue of around USD 9.2 billion in 2021 and is anticipated to grow a CAGR of over 7.6 % during the forecast period from 2022 to 2028 to reach around USD 14.2 billion in 2028. While, cumulative growth opportunity presented by the global Power Banks Market is around USD 5.07 billion during 2022 to 2028.

A considerable transition toward 3G and 4G networks, expanding popularity of digital content, and increasing computing capability of devices are driving the Power Banks Market growth. Along with this, rising smartphone demand and falling power bank prices are some of the major factors affecting market growth. Furthermore, the market has seen an increase in the number of new entrants as power banks emerge as fast-moving consumer electronics that require modest capital expenditure to start production facilities. With the increased rivalry, manufacturers have been forced to put creative solutions into the market in order to keep and extend their consumer base, thus propelling the growth of the market.

The global Power Banks Market is bifurcated into Battery Type, Unit of USB Port, Indicator, Capacity, Price Range, Application, and Geography. Based on Battery Type, the market is categorized into Lithium-Ion (Li-Ion) Battery and Lithium Polymer (Li-Polymer) Battery. Based on the Unit of USB Port, the market is categorized into 1 USB Port, 2 USB Ports, and More than 2 USB Ports. Based on Indicators, the market is categorized into LED Lighting and Digital Display. Based on Capacity, the market is differentiated into 1,000–5,000 mAh, 5,001–10,000 mAh, 10,001–15,000 mAh, 15,001–20,000 mAh, and Above 20,001 mAh. Based on the Price Range, the market is categorized into Low, Medium, and Premium. Based on Application, the market is categorized into Smart Phone, Tablet, Laptop, Portable Media devices, Wearable Device, Digital Camera, and Others. Based on geography, the market is segmented as Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

Several factors are currently driving the industry’s growth, including a significant shift toward 3G and 4G networks, the increasing popularity of digital content, and the increasing processing power of devices. Along with this, rising smartphone demand and falling power bank prices are some of the other factors influencing market growth. Furthermore, the industry has seen an increase in the number of new entrants as power banks emerge as fast-moving consumer electronics that require low capital investment to establish manufacturing facilities. Because of the increased competition, manufacturers have been forced to introduce innovative solutions into the market in order to retain and expand their consumer base.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Power Banks Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projected period 2022-2028.
The study includes information about the competitive landscape, such as how the market’s top competitors operate on a global, regional, and country basis.
In-depth analysis of the global market segmentation on the basis of Battery Type, Unit of USB Port, Indicator, Capacity, Price Range, and Application.
Major countries in each region, with import/export data.
The global Power Banks Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse the complete report with Toc: https://www.credenceresearch.com/report/power-banks-market

Table of Content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Power Banks Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Power Banks Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Type

3.3.2. Application

3.3.3. Unit of USB Port

3.3.4. Indicator

3.3.5. Capacity

3.3.6. Power Range

3.3.7. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Power Banks Market Pre Vs Post COVID 19, 2019 – 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Power Banks Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Power Banks Market, by Type, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Lithium-Ion (Li-Ion) Battery

6.2.3. Lithium Polymer (Li-Polymer) Battery

6.3. North America Power Banks Market, by Application, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Smart Phone

6.3.3. Tablet

6.3.4. Laptop

6.3.5. Portable Media Device

6.3.6. Wearable Device

6.3.7. Digital Camera

6.3.8. Others

6.4. North America Power Banks Market, by Unit of USB Port, 2016-2028(US$ Bn)

6.4.1. Overview

6.4.2. 1 USB Port

6.4.3. 2 USB Ports

6.4.4. More than 2 USB Ports

6.5. North America Power Banks Market, by Indicator, 2016-2028(US$ Bn)

6.5.1. Overview

6.5.2. LED Lighting

6.5.3. Digital Display

6.6. North America Power Banks Market, by Capacity, 2016-2028(US$ Bn)

6.6.1. Overview

6.6.2. 1,000–5,000 mAh

6.6.3. 5,001–10,000 mAh

6.6.4. 10,001–15,000 mAh

6.6.5. 15,001–20,000 mAh

6.6.6. Above 20,001 mAh

6.7. North America Power Banks Market, by Power Range, 2016-2028(US$ Bn)

6.7.1. Overview

6.7.2. Low

6.7.3. Medium

6.7.4. Premium

Browse the complete report with Toc: https://www.credenceresearch.com/report/power-banks-market

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