Power Bank Market Global Value, Price and Forecast 2023-2028

Power Bank Market Outlook

Power banks represent the portable chargers that are made for recharging electronic gadgets on the go. They are categorized into various types, such as universal/standard, solar, slim devices, pocket-sized, higher-capacity chargers, etc. Power banks are generally made from Lithium-Ion (Li-Ion) and Lithium-Polymer (Li-Po) batteries.

The global power bank market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.22% during 2023-2028.

The universal charger can be charged through conventional USB sources, whereas the solar ones use both USB chargers and sunlight. Because of their convenient nature, power banks find extensive utilization in charging several devices, including tablets, portable speakers, laptops, mobile phones, cameras, etc.

Request for a Free PDF sample of this report:?https://www.imarcgroup.com/power-banks-market/requestsample

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Power Bank Market Trends:

The growing consumer inclination towards 3G and 4G networks, the inflating popularity of digital content, and the rising processing power of devices are primarily augmenting the power bank market. Furthermore, the escalating demand for this portable charger to power tablets, portable speakers, laptops, mobile phones, cameras, etc., is positively influencing the global market. Apart from this, the increasing energy consumption by electronic gadgets, on account of the easy availability of internet-based applications and games, is acting as another significant growth-inducing factor.

Moreover, high competition has prompted leading manufacturers to introduce innovative solutions in the market to retain and expand their consumer base, thereby bolstering the market growth. Besides this, the widespread adoption of portable power strips that are equipped with a built-in power bank and wireless charging is further catalyzing the global market. Additionally, the development of variants with fast charging and two USB ports that provide two times more charging speed is expected to fuel the power bank market in the coming years.?

Buy This Report Now: https://www.imarcgroup.com/checkout?id=906&method=1

Note: The Report offers a comprehensive analysis of the industry, which comprises insights on the global market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Competitive Landscape with Key Players:

The competitive landscape of the market has also been examined with some of the key players.

• Xiaomi Technology Co. Ltd.
• Lenovo Group Ltd.
• Microsoft Corporation
• Panasonic Corporation
• Sony Corporation
• Adata Technology Co., Ltd.
• Asustek Computer Inc.
• Ambrane India Pvt. Ltd.
• Anker Technology Co. Ltd.
• Intex Technologies (India) Ltd.
• OnePlus Technology (Shenzhen) Co. Ltd.
• UNU Electronics Inc.
• Samsung SDI Co. Ltd.

Key Market Segmentation:

The report has categorized the market based on product type, battery?type, power rating and application.

Breakup by Product Type:

• Portable Power Banks
• Solar Power Banks
• Battery Cases

Breakup by Battery Type:

• Lithium-Ion
• Lithium-Polymer

Breakup by Power Rating:

• Below 3,000 mAh
• 3,001 mAh – 8,000 mAh
• 8,001 mAh – 20,000 mAh
• Above 20,000 mAh

Breakup by Application:

• Smartphones
• Tablets
• Portable Media Devices
• Others

Regional Insights:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Ask Analyst for Customization and Explore full report with TOC & List of Figures:?https://www.imarcgroup.com/request?type=report&id=906&flag=C

Key highlights of the report:????????????????????????????????????????????????????

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

Digital Ooh Market: https://www.imarcgroup.com/digital-ooh-market

Smart Cities Market: https://www.imarcgroup.com/smart-city-market

Mobile Payment Market: https://www.imarcgroup.com/mobile-payment-market

Product Information Management Market: https://www.imarcgroup.com/product-information-management-market

Desktop Virtualization Market: https://www.imarcgroup.com/desktop-virtualization-market

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800