Global Power Bank Market Report By Capacity Range (Up to 3,000 mAh, 3,001 mAh-8,000 mAh, 8,001 mAh-20,000 mAh, Above 20,000 mAh), By Energy Source (Electric, Solar), By Battery Type (Lithium-Ion, Lithium Polymer), By Distribution Channel (E-Commerce, Brick and Mortar) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

As per this study, the Global Power Bank Market was valued USD 14.38 BN (by revenue) in 2022 and is anticipated to reach USD 29.29 BN by 2030 with a CAGR of 9.3%.

The power bank is a portable battery that uses circuitry to control any power in and power out. The power bank is a gadget used to transfer energy into rechargeable batteries by means of electric current or solar energy.  Power banks are used for providing portable power to charge any battery powered items like smartphones and other similar items that have a USB interface. There are two types of power banks available to use, USB power bank and solar power bank, ranging from different battery capacities and battery types, of which, USB power banks are widely used.
 
Market Dynamics
 
The rising usage of smartphones coupled with increasing disposable income is boosting the global power bank market growth. Furthermore, increasing usage of the internet in smartphones coupled with inadequate battery capacities is again fueling the market growth. However, the introduction of smartphones with larger battery capacity and the emerging trend of wireless charging can hamper the power bank market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of power bank.
 
Market Segmentation
 
The broad power bank market has been sub-grouped into capacity range, energy source, battery type, end-user and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 

By Capacity Range

• Up to 3,000 mAh
• 3,001 mAh-8,000 mAh
• 8,001 mAh-20,000 mAh
• Above 20,000 mAh

By Energy Source

• Electric
• Solar

By Battery Type

• Lithium-Ion
• Lithium Polymer

By Distribution Channel

• E-Commerce
• Brick and Mortar

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for power bank in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Power Bank Market Share by Region (Representative Graph)
 

 
The report also covers a detailed competitive landscape including company profiles of key players operating in the global market. The key players in the power bank market include Ambrane India Pvt. Ltd., Anker Technology Co. Ltd., ASUSTeK Computer Inc., Beijing Xiaomi Technology Co., Ltd., Intex Technologies, Lenovo Group Ltd., Microsoft Corp., Panasonic Corp., Samsung SDI Co., Ltd., Sony Corp. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.