Power Bank Market Global Opportunity Analysis and Industry Forecast, 2016 - 2022
Current and Future Market Scenario • The power bank market has witnessed moderate growth during the past few years and is expected to grow at a CAGR of 15.4% during the forecast
period. • Global Power Bank Market is expected to garner $44,424 million by 2022. • The lithium-polymer batteries are estimated to have the fastest growth rate during the forecast period. • Asia-Pacific is expected to be the largest market during the forecast
period. Power Bank Market
Factors Contributing to Market Growth
Introduction of low-priced and advanced power banks is one of the major driving factor for this market. However, introduction of wireless charging technology in smartphones and poor battery quality of some power banks are major hindrances for
market growth.
Other factors that contribute to market growth are: • Increasing usage and demand for mobile phones • Introduction of low-priced and innovative power banks • Increasing digitization and penetration of wireless services
Power Bank Market
Key Benefits This study provides insights on the current and future trends of the world power bank market to identify imminent investment opportunities. The report determines the overall market potential and trends to gain a profitable coverage. The report highlights key drivers, restraints, opportunities, and impact analysis on the market. Quantitative analysis and forecast for the global power bank market is explained to identify potential markets to capitalize on. Porters five forces model analysis of the industry illustrates the potency of buyers and suppliers participating in the market. Value chain analysis in the report elucidates the roles of stakeholders involved. Power Bank Market
Power Bank - Market Segment
By Product Type
By Battery Type
Portable Power Bank
Lithium-Ion
Below 3,500 mAh
North America
Battery Case Power Bank
LithiumPolymer
3,50120,000 mAh
Europe
Above 20,000 mAh
Asia-Pacific
Solar Power Bank
By Power Rating
By Geography
Power Bank Market
Dominating Segments • Power bank with power rating 3,501-20,000 mAh dominated the market in terms
of spending in 2015 • Power Bank Market projected to continue its dominance throughout the forecast
period. • In the battery-type segment, it is anticipated that lithium ion battery would
dominate the battery power bank market. • The lithium-polymer batteries are expected to have a faster growth rate than the
traditional lithium ion batteries during the forecast period
Power Bank Market
Region Overview
• Geographically, the Power Bank Market is segmented across North
America, Europe, Asia-Pacific, and LAMEA. • LAMEA is estimated to be the fastest growing region due to an increase in the number of smartphone users coupled with a weak power grid in this region. • Asia-Pacific is projected to exhibit a substantial growth during the forecast period in the power bank market.
Power Bank Market
Leading Players
• The leading players in the power bank industry are highly focused to
expand their business operations in the fast-growing emerging countries with new product launches as the preferred strategy. • Industries focus on product launch, R&D, and expansion as their key strategies to strengthen their position in the market. • Microsoft Corporation, Panasonic Corporation and Sony Corporation are key players in this industry.
Power Bank Market
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Power Bank Market