Power Banks Market is Estimated to Reach at a CAGR of 6.5%

Power Banks Market By Product Solar Power Banks, Phone Charging Cases and Portable Power Banks , Battery Type Lithium Polymer and Lithium Ion , Power Rating Above 20,000 mAh, 8,001 mAh-20,000 mAh, 3,001 mAh-8000 mAh and Up to 3,000 mAh , Application Consumer Electronics and Industrial/B2B and Distribution Channel Offline Distribution Channel and Online Distribution Channel – Global Industry Analysis And Forecast To 2025

Industry Outlook

The power banks are utilized for giving the portable power to charge the battery controlled things like the mobile phones and various other comparative things that comprise of the USB interface. They are ordinary and with the expanding utilization of the battery powered products: everything from the cell phones to the battery powered earphones, MP3 players, portable speakers, may be charged by the means of the power bank. They are successfully the portable charger. All they require is the charging interface with USB. They are available in the assortment of sizes and shapes and to suit various individuals and their requirements. Therefore, the Power Banks Market is anticipated to expand and has tremendous scope during the forecast period. The global Power Banks Market anticipated to flourish in the future by growing at a significantly higher CAGR.

Drivers and Restrains

By Product the market is segmented into Solar Power Banks, Phone Charging Cases and Portable Power Banks. The Portable Power Banks is leading the market owing to increasing utilization of the electronic devices with the factor of multiple devices charging. While the Solar Power Banks section is gaining market at faster rate.

By Battery Type the market is segmented into Lithium Polymer and Lithium Ion. The Lithium Ion section is leading the market owing to different benefits of these batteries like low maintenance, high energy density and low self-discharging, more flexibility and less weight offered, etc.

By Power Rating the market is segmented into Above 20,000 mAh, 8,001 mAh-20,000 mAh, 3,001 mAh-8000 mAh and Up to 3,000 mAh. The8,001 mAh-20,000 mAh section is leading the market owing to increasing utilization of these power banks as they charge the device many times.

By Application the market is segmented into Consumer Electronics and Industrial/B2B. The Consumer Electronics section is seen to grow owing to increasing demand and utilization of various handheld devices by the population.

By Distribution Channel the market is segmented into Offline Distribution Channel and Online Distribution Channel.

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Regional Insights

The Asia Pacific region is leading the global Power Banks Market owing to increasing utilization of various electronic devices that have rechargeable batteries, increasing advancement in the products that have include battery with higher capacity and other factors.

Power Banks Market, By Region

North America
U.S.
Canada
Mexico

Europe
Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America
Brazil
Argentina
Columbia
Rest of South America

Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

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Competitive Analysis

The leading players in the market are. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.

SAMSUNG SDI CO. LTD.
Beijing Xiaomi Technology Co. Ltd.
Ambrane India Private Limited
Lenovo Group Ltd.
Intex Technologies
Microsoft Corporation
Anker Technology Co. Limited
Panasonic Corporation
ASUSTeK Computer Inc.
Sony Corporation

Some of the key questions answered by the report are:

What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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