Today, cell phones have turned out to be essential piece of everyday existence of any person. These cell phones are outfitted with high design innovations and intense working frameworks, for example, Android, Symbian, iOS which enables their clients to do multitasking and furthermore use to play amusements, run sight and sound player video calling and spilling and remain associated with outer world through rapid web administrations.
Global Power Bank Market Research Report is a professional and in-depth study on the current state of the Global Power Bank Industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Power Bank analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
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Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
databridgemarketresearch.com has to offer new title “Global Power Bank Market accounted for USD 8.2 billion in 2016 growing at a CAGR of 22.3% during the forecast period of 2017 to 2024.” This report analyzes the global power banks market in terms of type, battery type, power rating, and geography
In 2017, the online market segment is expected to dominate the market and is expected to continue this trend till 2024.
A Power Bank is a mobile charger that can be charged in advance to charge mobile phones, laptops, tablets. A power bank is a compact or handy device usually can be useful while travelling for long hours. The power bank concept came into visualization due to rapid growth in digital products. A power bank can achieve outside charging for variety of digital products. It has its wide application in smartphone, tablet, digital camera, laptop, and others. Increasing usage of smartphones and tablets may act a major driver in the growth of power bank market. On the other side, poor quality of power bank may hinder the market.
Brief analysis of following points:
- Increased Power Consumption of Electronic Devices
- Decline in Price of Power Banks
- Increasing Usage of Smartphones and Tablets
- Electric Outage in Certain Countries Supporting Growth of the Power Bank Market
- Poor Quality of Power Banks
- Increasing Adoption of Wireless Charging Technology
- Improvement in Battery Capacity of Electronic Devices
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Top Companies Analysis:
AsusTekis dominating the power bank market followed by Xiaomi and Lenovo along with others such as Anker Technology Co. Limited, Microsoft Corp., Panasonic Corporation, Sony Corporation, ADATA Technology Co., Ltd., Intex Technologies (India) Ltd., UNU Electronics Inc., Portronics and Century New Energy Battery Co. Ltd. among other companies.
Established in 1989 and headquartered in Taiwan, China, ASUSTeK Computer Inc. is a computer hardware and consumer electronics company. The company operates its business through the following product categories such as phones, laptops & 2-in-1 PCs, tablets, motherboards, graphics cards, wearable & healthcare, desktop & all-in one PCs, display, networking, sound, home & automotive, peripheral, gaming, servers & workstations, and zenbo. ASUS has become one of the leading motherboard and gaming brand along with the top-three consumer notebook vendor.
Founded in 2010 and headquartered at Beijing, China. It is an electronics and software company. Xiaomi develops, designs, and commercializes mobile apps, smartphones, laptops, and other consumer electronics. The company operates its business through product categories such as notebooks, phones, mi TV, smart devices, mi power bank and charging accessories, and audio accessories. The power bank and charging accessories offers various wide ranges of portable chargers and power banks with high range of battery.
Market Segmentation: Global Power Bank Market
The global power bank market is segmented on the basis of charge capacity, product type and distribution channel. The charge capacity market is segmented into portable mobile power bank, ultra-portable mobile power bank, big charge power bank and high charge power bank. Portable mobile power bank is further sub segmented by battery size into 10000 mAh, 10000 to 15000 mAh and 15000 to 20000 mAh. Ultra-portable mobile power bank is further sub segmented by battery size into 5000 to 10000 mAh and 3000 to 5000mAh. In 2017, the portable mobile power bank segment is expected to dominate the market with a share of 51.8% and ultra-portable mobile power bank is expected to grow with the highest CAGR 23.1% during the forecast period from 2017 to 2024.
- On the basis of product type, the market is segmented into portable mobile power bank, laptop power bank and phone case power bank.
- On the basis of distribution channel, the market is classified into online market, hypermarket and mobile stores.
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