HOME Top Market Reports Power Bank Market by Capacity Range (500–3499 mAh, 3500–6499 mAh, 6500–9499 mAh, 9500–12499 mAh, 12500–15499 mAh, and Above 15500mAh), Number of USB Port, Energy Source (Electric and Solar), Battery Type, Application, and Region - Global Forecast to 2022

Power Bank Market by Capacity Range (500–3499 mAh, 3500–6499 mAh, 6500–9499 mAh, 9500–12499 mAh, 12500–15499 mAh, and Above 15500mAh), Number of USB Port, Energy Source (Electric and Solar), Battery Type, Application, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2017
Report Code: SE 3634

 

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The increasing usage of smartphones and tablets, advancements in technology, and electric outage in certain countries are driving the growth of the overall market. The power bank market was valued at USD 7.77 Billion in 2016 and is expected to grow at a CAGR of 21.2% between 2017 and 2022. The base year considered for study is 2016 and the forecast period is between 2017 and 2022. The objective of the report is to provide a detailed analysis of the power bank market based on capacity range, number of USB port, energy source, battery type, application, and region. The report provides detailed information regarding the major factors influencing the growth of the power bank market. This report also gives a detailed overview of the value chain of the power bank ecosystem.

The research methodology used to estimate and forecast the size of the power bank market begins with obtaining data on key vendor revenues through secondary research such European Portable Battery Association (EPBA), Portable Rechargeable Battery Association (PRBA), the Advanced Rechargeable & Lithium Batteries Association, China Industrial Association of Power Sources (CIAPS), and leading players’ whitepapers. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the power bank market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews of people holding key positions in the industry such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure given below.

Power Bank Market

To know about the assumptions considered for the study, download the pdf brochure

The power bank ecosystem comprises component providers, OEMs, online retailing companies, and distributors of portable power banks. The players involved in the development of power banks are Beijing Xiaomi Technology Co., Ltd. (China), Lenovo Group Ltd. (China), Microsoft Corp. (US), Panasonic Corp. (Japan), and Sony Corp. (Japan), among others. UL 2743:2016, UL 2056:2015, UL 1642:2012, IEC 60950, and IEC 62133 are the key regulatory standards for power banks.

Target audience of the report:

  • Distributors of portable power banks
  • Government bodies, venture capitalists, and private equity firms
  • Manufacturers of components such as Li-ion cells, Li-polymer cells, control chips, and sensors
  • Manufacturers of consumer electronic devices such as smartphones, tablets, and laptops
  • Online retailing companies
  • Power bank consumers
  • Power bank designers and manufacturers
  • Research institutes, associations, and organizations

This study answers several questions for stakeholders, primarily which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.

Scope of the report:

This research report categorizes the power bank market on the basis of capacity range, number of USB port, energy source, battery type, application, and region.

Power Bank Market, by Capacity Range:

  • 500–3499mAh
  • 3500–6499mAh
  • 6500–9499mAh
  • 9500–12499mAh
  • 12500–15499mAh
  • Above 15500mAh

Power Bank Market, by Number of USB Port:

  • One USB Port
  • Two USB Ports
  • More than Two USB Ports

Power Bank Market, by Energy Source:

  • Electric
  • Solar

Power Bank Market, by Battery Type:

  • Lithium Ion Batteries
  • Lithium Polymer Batteries

Power Bank Market, by Application:

  • Smartphones
  • Tablets
  • Portable Media Devices
  • Digital Cameras
  • Laptops
  • Others (Handheld Gaming Devices, Global Positioning System (GPS) Navigators, E-Readers, and Smartwatches)

Power Bank Market, by Region:

  • Americas
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 12)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Primary Sources
    2.2 Secondary and Primary Research
                    2.2.1.1 Key Industry Insights
                    2.2.1.2 Breakdown of Primaries
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Approach for Arriving at the Market Share By the Bottom-Up Analysis (Demand Side)
           2.3.2 Top-Down Approach
                    2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 36)
    4.1 Power Bank Market
    4.2 Power Bank Market, By Capacity Range
    4.3 Power Bank Market Based on Number of USB Ports
    4.4 Power Bank Market, By Energy Source
    4.5 Power Bank Market, By Battery Type
    4.6 Power Bank Market, By Application and Region
    4.7 Power Bank Market, By Region

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Usage of Smartphones and Tablets
                    5.2.1.2 Decline in Price of Power Banks
                    5.2.1.3 Increased Power Consumption of Electronic Devices Due to Advancement in Technology
                    5.2.1.4 Electric Outage in Certain Countries Supporting Growth of the Power Bank Market
           5.2.2 Restraints
                    5.2.2.1 Improvement in Battery Capacity of Electronic Devices
                    5.2.2.2 Poor Quality of Power Banks
                    5.2.2.3 Increasing Adoption of Wireless Charging Technology in Consumer Electronic Devices
           5.2.3 Opportunities
                    5.2.3.1 Development of Solar and Hydrogen Fuel Cell-Based Power Banks
           5.2.4 Challenges
                    5.2.4.1 Complexity in Designing Power Banks
                    5.2.4.2 High Cost of Recycling LI-Ion Batteries
    5.3 Value Chain Analysis

6 Market Analysis, By Capacity Range (Page No. - 52)
    6.1 Introduction
    6.2 500–3499mAh
    6.3 3500–6499mAh
    6.4 6500–9499mAh
    6.5 9500–12499mAh
    6.6 12500–15499mAh
    6.7 Above 15500mAh

7 Market Analysis, By Number of USB Port (Page No. - 78)
    7.1 Introduction
    7.2 One USB Port
    7.3 Two USB Ports
    7.4 More Than Two USB Ports

8 Market Analysis, By Energy Source (Page No. - 85)
    8.1 Introduction
    8.2 Electric
    8.3 Solar

9 Market Analysis, By Battery Type (Page No. - 90)
    9.1 Introduction
    9.2 Lithium Ion (LI-Ion) Battery
           9.2.1 Advantages of LI-Ion Battery
           9.2.2 Disadvantages of LI-Ion Battery
    9.3 Lithium Polymer (LI-Polymer) Battery
           9.3.1 Advantages of LI-Polymer Battery
           9.3.2 Disadvantages of LI-Polymer Battery

10 Market Analysis, By Application (Page No. - 97)
     10.1 Introduction
     10.2 Smartphone
             10.2.1 Exponential Growth in the Smartphone Market is Increasing the Demand for Power Banks
     10.3 Tablet
             10.3.1 Rapid Draining of Batteries in Tablets Supports the Growth of Power Bank Market
     10.4 Portable Media Device
             10.4.1 Proliferation of Digitization is Likely to Increase Demand for Power Banks
     10.5 Digital Camera
             10.5.1 Increasing Usage of High Power Consuming Digital Cameras Estimated to Surge the Demand for Power Banks
     10.6 Laptop
             10.6.1 New Product Launch Expected to Boost the Power Bank Market for Laptop
     10.7 Others

11 Geographic Analysis (Page No. - 109)
     11.1 Introduction
     11.2 Americas
             11.2.1 North America
                        11.2.1.1 US
                        11.2.1.2 Canada
                        11.2.1.3 Mexico
             11.2.2 South America
     11.3 Europe
             11.3.1 Germany
             11.3.2 France
             11.3.3 UK
             11.3.4 Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
             11.4.2 South Korea
             11.4.3 India
             11.4.4 Japan
             11.4.5 Rest of APAC
     11.5 Rest of the World (RoW)
             11.5.1 Middle East
             11.5.2 Africa

12 Competitive Landscape (Page No. - 127)
     12.1 Overview
     12.2 Market Ranking Analysis for Power Bank Manufacturers
     12.3 Power Bank Market Dive Chart
             12.3.1 Introduction
                        12.3.1.1 Vanguards
                        12.3.1.2 Dynamic Players
                        12.3.1.3 Innovators
                        12.3.1.4 Emerging Players
             12.3.2 Micro Quadrant
                        12.3.2.1 Product Offering Parameters
                        12.3.2.2 Business Strategy Parameters
(Adata Technology Co., Ltd. (Taiwan), Ambrane India Pvt. Ltd. (India), Anker Technology Co. Ltd. (US), APACer Technology Inc. (Taiwan), Asustek Computer Inc. (Taiwan), Beijing Xiaomi Technology Co., Ltd. (China), Dell Inc. (US), Elixier Tech Innovatis Llp (India), Intex Technologies (India) Ltd. (India), Lenovo Group Ltd. (China), Microsoft Corp. (US), Omnicharge Inc. (US), Oneplus Technology (Shenzhen) Co. Ltd. (China), Panasonic Corp. (Japan), Pny Technologies Inc. (US), Portronics Digital Pvt. Ltd. (India), Ravpower Inc. (US), Romoss Corp. (China), Sony Corp. (Japan), Syska Mobile Accessories Pvt. Ltd. (India), Tp-Link Technologies Co., Ltd. (China) , UIMI Tech. (India), UNU Electronics Inc. (US), Volatic Systems (US), and Yu Televenture Pvt. Ltd. (India))
     12.4 Competitive Situations and Trends
             12.4.1 Product Launches

13 Company Profiles (Page No. - 137)
     13.1 Introduction
     13.2 Beijing Xiaomi Technology Co., Ltd.
             13.2.1 Business Overview
             13.2.2 Products Offered
                        13.2.2.1 Scorecard: Product Offering Parameters
             13.2.3 Business Strategies
                        13.2.3.1 Scorecard: Business Strategy Parameters
             13.2.4 Recent Developments
             13.2.5 MnM View
             13.2.6 Key Relationships
     13.3 Lenovo Group Ltd.
             13.3.1 Business Overview
             13.3.2 Products Offered
                        13.3.2.1 Scorecard: Product Offering Parameters
             13.3.3 Business Strategies
                        13.3.3.1 Scorecard: Business Strategy Parameters
             13.3.4 MnM View
             13.3.5 Key Relationships
     13.4 Microsoft Corp.
             13.4.1 Business Overview
             13.4.2 Products Offered
                        13.4.2.1 Scorecard: Product Offering Parameters
             13.4.3 Business Strategies
                        13.4.3.1 Scorecard: Business Strategy Parameters
             13.4.4 Recent Developments
             13.4.5 MnM View
     13.5 Panasonic Corp.
             13.5.1 Business Overview
             13.5.2 Product Offered
                        13.5.2.1 Scorecard: Product Offering Parameters
             13.5.3 Business Strategies
                        13.5.3.1 Scorecard: Business Strategy Parameters
             13.5.4 MnM View
     13.6 Sony Corp.
             13.6.1 Business Overview
             13.6.2 Products Offered
                        13.6.2.1 Scorecard: Product Offering Parameters
             13.6.3 Business Strategies
                        13.6.3.1 Scorecard: Business Strategy Parameters
             13.6.4 Recent Developments
             13.6.5 MnM View
     13.7 Adata Technology Co., Ltd.
             13.7.1 Business Overview
             13.7.2 Products Offered
                        13.7.2.1 Scorecard: Product Offering Parameters
             13.7.3 Business Strategies
                        13.7.3.1 Scorecard: Business Strategy Parameters
             13.7.4 Recent Developments
             13.7.5 Key Relationships
     13.8 Asustek Computer Inc.
             13.8.1 Business Overview
             13.8.2 Products Offered
                        13.8.2.1 Scorecard: Product Offering Parameters
             13.8.3 Business Strategies
                        13.8.3.1 Scorecard: Business Strategy Parameters
             13.8.4 Recent Developments
             13.8.5 Key Relationships
     13.9 Ambrane India Pvt. Ltd.
             13.9.1 Business Overview
             13.9.2 Products Offered
                        13.9.2.1 Scorecard: Product Offering Parameters
             13.9.3 Business Strategies
                        13.9.3.1 Scorecard: Business Strategy Parameters
             13.9.4 Recent Developments
             13.9.5 Key Relationships
     13.10 Anker Technology Co. Ltd.
             13.10.1 Business Overview
             13.10.2 Products Offered
                        13.10.2.1 Scorecard: Product Offering Parameters
             13.10.3 Business Strategies
                        13.10.3.1 Scorecard: Business Strategy Parameters
             13.10.4 Recent Developments
             13.10.5 Key Relationships
     13.11 Intex Technologies (India) Ltd.
             13.11.1 Business Overview
             13.11.2 Products Offered
                        13.11.2.1 Scorecard: Product Offering Parameters
             13.11.3 Business Strategies
                        13.11.3.1 Scorecard: Business Strategy Parameters
             13.11.4 Recent Developments
     13.12 Oneplus Technology (Shenzhen) Co. Ltd.
             13.12.1 Business Overview
             13.12.2 Products Offered
                        13.12.2.1 Scorecard: Product Offering Parameters
             13.12.3 Business Strategies
                        13.12.3.1 Scorecard: Business Strategy Parameters
             13.12.4 Recent Developments
     13.13 UNU Electronics Inc.
             13.13.1 Business Overview
             13.13.2 Products Offered
                        13.13.2.1 Scorecard: Product Offering Parameters
             13.13.3 Business Strategies
                        13.13.3.1 Scorecard: Business Strategy Parameters
             13.13.4 Recent Developments
     13.14 Key Innovators
             13.14.1 Portronics Digital Pvt. Ltd.
                        13.14.1.1 Business Overview
             13.14.2 Ravpower Inc.
                        13.14.2.1 Business Overview
             13.14.3 UIMI Technologies Pvt. Ltd.
                        13.14.3.1 Business Overview

14 Appendix (Page No. - 182)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports


List of Tables (63 Tables)

Table 1 Power Bank Market in Terms of Value and Volume, 2014–2022
Table 2 Power Bank Market, By Capacity Range, 2014–2022 (USD Million)
Table 3 Power Bank Market, By Capacity Range, 2014–2022 (Million Units)
Table 4 Power Bank Market for 500–3499mAh, By Number of USB Port, 2014–2022 (USD Million)
Table 5 Power Bank Market for 500–3499mAh, By Energy Source, 2014–2022 (USD Million)
Table 6 Power Bank Market for 500–3499mAh, By Battery Type, 2014–2022 (USD Million)
Table 7 Power Bank Market for 500–3499mAh, By Application, 2014–2022 (USD Million)
Table 8 Power Bank Market for 500–3499mAh, By Region, 2014–2022 (USD Million)
Table 9 Power Bank Market for 3500–6499mAh, By Number of USB Port, 2014–2022 (USD Million)
Table 10 Power Bank Market for 3500–6499mAh, By Energy Source, 2014–2022 (USD Million)
Table 11 Power Bank Market for 3500–6499mAh, By Battery Type, 2014–2022 (USD Million)
Table 12 Power Bank Market for 3500–6499mAh, By Application, 2014–2022 (USD Million)
Table 13 Power Bank Market for 3500–6499mAh, By Region, 2014–2022 (USD Million)
Table 14 Power Bank Market for 6500–9499mAh, By Number of USB Port, 2014–2022 (USD Million)
Table 15 Power Bank Market for 6500–9499mAh, By Energy Source, 2014–2022 (USD Million)
Table 16 Power Bank Market for 6500–9499mAh, By Battery Type, 2014–2022 (USD Million)
Table 17 Power Bank Market for 6500–9499mAh, By Application, 2014–2022 (USD Million)
Table 18 Power Bank Market for 6500–9499mAh, By Region, 2014–2022 (USD Million)
Table 19 Power Bank Market for 9500–12499mAh, By Number of USB Port, 2014–2022 (USD Million)
Table 20 Power Bank Market for 9500–12499mAh, By Energy Source, 2014–2022 (USD Million)
Table 21 Power Bank Market for 9500–12499mAh, By Battery Type, 2014–2022 (USD Million)
Table 22 Power Bank Market for 9500–12499mAh, By Application, 2014–2022 (USD Million)
Table 23 Power Bank Market for 9500–12499mAh, By Region, 2014–2022 (USD Million)
Table 24 Power Bank Market for 12500–15499mAh, By Number of USB Port, 2014–2022 (USD Million)
Table 25 Power Bank Market for 12500–15499mAh, By Energy Source, 2014–2022 (USD Million)
Table 26 Power Bank Market for 12500–15499mAh, By Battery Type, 2014–2022 (USD Million)
Table 27 Power Bank Market for 12500–15499mAh, By Application, 2014–2022 (USD Million)
Table 28 Power Bank Market for 12500–15499mAh, By Region, 2014–2022 (USD Million)
Table 29 Power Bank Market for Above 15500mAh, By Number of USB Port, 2014–2022 (USD Million)
Table 30 Power Bank Market for Above 15500mAh, By Energy Source, 2014–2022 (USD Million)
Table 31 Power Bank Market for Above 15500mAh, By Battery Type, 2014–2022 (USD Million)
Table 32 Power Bank Market for Above 15500mAh, By Application, 2014–2022 (USD Million)
Table 33 Power Bank Market for Above 15500mAh, By Region, 2014–2022 (USD Million)
Table 34 Power Bank Market, By Number of USB Port, 2014–2022 (USD Million)
Table 35 Power Bank Market for One USB Port, By Capacity Range, 2014–2022 (USD Million)
Table 36 Power Bank Market for Two USB Ports, By Capacity Range, 2014–2022 (USD Million)
Table 37 Power Bank Market for More Than Two USB Ports, By Capacity Range, 2014–2022 (USD Million)
Table 38 Power Bank Market, By Energy Source, 2014–2022 (USD Million)
Table 39 Power Bank Market for Electric Energy Source, By Capacity Range, 2014–2022 (USD Million)
Table 40 Power Bank Market for Solar Energy Source, By Capacity Range, 2014–2022 (USD Million)
Table 41 Power Bank Market, By Battery Type, 2014–2022 (USD Million)
Table 42 Power Bank Market for Lithium Ion Battery, By Capacity Range, 2014–2022 (USD Million)
Table 43 Power Bank Market for Lithium Ion Battery, By Region, 2014–2022 (USD Million)
Table 44 Power Bank Market for Lithium Polymer Battery, By Capacity Range, 2014–2022 (USD Million)
Table 45 Power Bank Market for Lithium Polymer Battery, By Region, 2014–2022 (USD Million)
Table 46 Power Bank Market, By Application, 2014–2022 (USD Million)
Table 47 Power Bank Market for Smartphone, By Capacity, 2014–2022 (USD Million)
Table 48 Power Bank Market for Tablet, By Capacity, 2014–2022 (USD Million)
Table 49 Power Bank Market for Portable Media Device, By Capacity, 2014–2022 (USD Million)
Table 50 Power Bank Market for Digital Camera, By Capacity, 2014–2022 (USD Million)
Table 51 Power Bank Market for Laptop, By Capacity, 2014–2022 (USD Million)
Table 52 Power Bank Market for Others, By Capacity, 2014–2022 (USD Million)
Table 53 Power Bank Market, By Region, 2014–2022 (USD Million)
Table 54 Power Bank Market in Americas, By Region, 2014–2022 (USD Million)
Table 55 Power Bank Market in North America, By Country, 2014–2022 (USD Million)
Table 56 Power Bank Market in Americas, By Capacity, 2014–2022 (USD Million)
Table 57 Power Bank Market in Europe, By Country, 2014–2022 (USD Million)
Table 58 Power Bank Market in Europe, By Capacity, 2014–2022 (USD Million)
Table 59 Power Bank Market in APAC, By Country, 2014–2022 (USD Million)
Table 60 Power Bank Market in APAC, By Capacity, 2014–2022 (USD Million)
Table 61 Power Bank Market in RoW, By Region, 2014–2022 (USD Million)
Table 62 Power Bank Market in RoW, By Capacity, 2014–2022 (USD Million)
Table 63 Product Launches, 2014–2017


List of Figures (67 Figures)

Figure 1 Power Bank Market Segmentation
Figure 2 Power Bank Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions of Research Study
Figure 7 Power Bank Market Segmentation
Figure 8 Power Banks With Capacity Range of 9500–12499 mAh Held the Largest Size of the Market in 2017
Figure 9 Power Banks With 2 USB Ports Expected to Hold the Largest Market Size During the Forecast Period
Figure 10 Solar Power Bank Market Expected to Grow at A Higher Rate Between 2017 and 2022
Figure 11 Power Banks With LI-Ion Batteries Expected to Hold A Larger Market Size Between 2017 and 2022
Figure 12 Power Bank Market for Smartphones Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 13 APAC Expected to Hold the Largest Share of the Power Bank Market in 2017
Figure 14 Attractive Opportunities in the Power Bank Market Between 2017 and 2022
Figure 15 Market for Power Banks With Capacity Range of 12500–15499 mAh Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 16 Power Banks With 2 USB Ports Expected to Hold A Major Market Share in 2017
Figure 17 Electric Power Banks Expected to Hold A Larger Share in 2017
Figure 18 Market for Power Banks With LI-Polymer Batteries Estimated to Grow at A Higher Rate Between 2017 and 2022
Figure 19 Smartphone Application and APAC Expected to Hold the Largest Share of the Overall Power Bank Market in 2017
Figure 20 Us Expected to Hold the Largest Share of the Power Bank Market in 2017
Figure 21 DROC: Power Bank Market, 2017
Figure 22 Mobile Subscription Base for Wireless Technology, 2016
Figure 23 Value Chain Analysis: Major Value is Added During the Manufacturing and Assembly Stage
Figure 24 Market Segmentation, By Capacity Range
Figure 25 Solar Power Bank Market With A Capacity Range of 500–3499mAh Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 26 One USB Port Expected to Dominate the Power Bank Market With Capacity Range of 3500–6499mAh During the Forecast Period
Figure 27 Power Bank Market With A Capacity Range of 3500–6499mAh in RoW Expected to Grow at the Highest Rate During the Forecast Period
Figure 28 Smartphone Expected to Lead the Power Bank Market With A Capacity Range of 6500–9499mAh From 2017 to 2022
Figure 29 Smartphone Expected to Dominate the Power Bank Market With A Capacity Range of 9500–12499mAh Between 2017 and 2022
Figure 30 Power Bank Market for Lithium Polymer Battery Expected to Grow at the Highest Rate During the Forecast Period
Figure 31 Lithium Ion Battery Expected to Hold the Largest Size of the Power Bank Market With A Capacity Range Above 15500mAh During the Forecast Period
Figure 32 Market Segmentation, By Number of USB Port
Figure 33 Power Bank With Two USB Ports Expected to Be the Largest Market During the Forecast Period
Figure 34 Capacity Range of 9500–12499mAh Expected to Dominate the Power Bank Market With Two USB Ports
Figure 35 Market Segmentation, By Energy Source
Figure 36 Electric Power Bank Market for Capacity Range of 12500–15499mAh Expected to Grow at the Highest Rate During Forecast Period
Figure 37 Market Segmentation, By Battery Type
Figure 38 APAC Expected to Lead the Power Bank Market for Lithium Ion Battery During the Forecast Period
Figure 39 Market Segmentation, By Application
Figure 40 Power Bank Market for Smartphone With Capacity Range of 12500mAh–15499mAh is Expected to Grow at the Highest Rate During Forecast Period
Figure 41 Power Bank Market for Tablet With Capacity Range of 12500–15499mAh Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 42 Power Bank With Capacity Range of 9500–12499mAh Expected to Lead the Laptop Market Between 2017 and 2022
Figure 43 Power Bank Market in India to Grow at the Highest Rate During the Forecast Period
Figure 44 North America is Expected to Dominate the Power Bank Market in the Americas During the Forecast Period
Figure 45 US Expected to Hold the Largest Share of the Power Bank Market in North America During the Forecast Period
Figure 46 Europe: Power Bank Market Snapshot
Figure 47 Power Bank With Capacity Range of 9500–12499mAh Expected to Lead the Market in Europe Between 2017 and 2022
Figure 48 APAC: Power Bank Market Snapshot
Figure 49 India Estimated to Grow at the Highest Rate in the Power Bank Market in APAC Between 2017 and 2022
Figure 50 Power Bank With Capacity Range of 9500–12499mAh Expected to Hold the Largest Market Share in RoW Between 2017 and 2022
Figure 51 Companies Adopted Product Launches as Key Growth Strategy Between 2014 and 2017
Figure 52 Ranking of Top 5 Players: Power Bank Market, 2016
Figure 53 Dive Chart
Figure 54 Battle for Market Share: Product Launches Was the Key Strategy Between 2014 and 2017
Figure 55 Geographic Revenue Mix of the Top Players
Figure 56 Beijing Xiaomi Technology Co., Ltd.: Company Snapshot
Figure 57 Lenovo Group Ltd.: Company Snapshot
Figure 58 Microsoft Corp.: Company Snapshot
Figure 59 Panasonic Corp.: Company Snapshot
Figure 60 Sony Corp.: Company Snapshot
Figure 61 Adata Technology Co., Ltd.: Company Snapshot
Figure 62 Asustek Computer Inc.: Company Snapshot
Figure 63 Ambrane India Pvt. Ltd.: Company Snapshot
Figure 64 Anker Technology Co. Ltd.: Company Snapshot
Figure 65 Intex Technologies (India) Ltd.: Company Snapshot
Figure 66 Oneplus Technology (Shenzhen) Co. Ltd.: Company Snapshot
Figure 67 UNU Electronics Inc.: Company Snapshot

The power bank market is expected to be valued at USD 25.16 Billion by 2022, at a CAGR of 21.2% between 2017 and 2022. The growth of this market is propelled by the increasing usage of electronic devices such as smartphones and tablets, increased power consumption of electronic devices due to technological advancements, and electric outage in certain countries.

The capacity range of 9500–12499mAh accounted for the largest share of the power bank market in 2016. The rising adoption of power banks that are capable of charging a device several times is expected to drive the growth of the market for power banks with a capacity range of 9500–12499mAh. The market for power banks with a capacity range of 12500–15499mAh is expected to grow at a high rate between 2017 and 2022. The increased battery capacity of mobile devices and laptops require high capacity power banks to recharge these devices; this is expected to drive the growth of the market for power banks with a capacity range of 12500–15499mAh.

The power bank market for more than two USB ports is expected to grow at a high rate between 2017 and 2022. Consumers demand for power banks with three or four USB ports as they are capable of charging three to four devices, simultaneously. Moreover, these devices are now available with higher capacities; this has increased the demand for power banks with three or four USB ports.

Power banks that derive power from electric power grids accounted for a major market share in 2016. The benefits offered by these devices such as easy accessibility, low prices, lightweight, compact size, and suitability for charging any portable electronic devices are contributing to the increasing the demand for electric-based power banks. The market for power banks that derive power from solar energy is expected to grow at a high rate between 2017 and 2022. Solar power banks help in saving electrical energy; this is expected to increase the adoption of solar power banks in the future.

Lithium ion batteries held the largest size of the power bank market in 2016. Li-ion batteries offer various advantages such as high energy density, relatively low self-discharging, and low maintenance. The power bank market for lithium polymer batteries is expected to grow at a high rate between 2017 and 2022. Lithium polymer batteries are moldable, lightweight, and come in a flat shape; these factors enable electronic device manufacturers to develop thin and compact electronic devices. These batteries are preferred as they are light in weight and have a flexible form factor, and are safer than other batteries.

Smartphones hold the largest size of the power bank market; the market for smartphones is expected to grow at a high rate between 2017 and 2022. The increasing penetration of smartphones, along with the extensive use of Internet services, is draining the battery power of smartphones rapidly. Hence, the demand for power banks to run smartphones for a longer duration is increasing in the market.

Power Bank Market

APAC accounted for the largest share of the power bank market in 2016. It is the most attractive business destination for power bank manufacturers due to the growing smartphone market in APAC. The power bank market in Europe is expected to grow at a high rate between 2017 and 2022. In Europe, there is a huge demand for power banks that can be used with smartphones, tablets, laptops, and portable media devices. Moreover, various market players have been launching power banks with higher capacity ranges and safety features, contributing to the growth of the power bank market in Europe.

One of the key restraining factors for the growth of the market is the improvement in battery capacity of electronic devices such as smartphones and tablets. Companies involved in the development of batteries, along with smartphone developers, are looking for a way to increase the battery capacity of smartphones. For instance, in August 2016, SolidEnergy Systems Corp. (US) developed an anode-free lithium-metal battery, which has more energy capacity than Li-ion batteries used in most of the smartphones today.

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