San Francisco, 27 February, Power Bank Market
Size, Share & Trends Analysis Report By Capacity Range, By Distribution
Channel (Online, Offline), By Battery Type, By Energy Source (Electric, Solar),
By End User, And Segment Forecasts, 2018 – 2025.
The global power banks market size is anticipated to
reach USD 27.75 billion by 2025 expanding at a CAGR of 18.4% during the
forecast period, according to a new report by Grand View Research. Currently,
power banks are one of the essential mobile accessories. Increasing demand for
power banks and intense competition in the market has led to a reduction in
their prices. This is expected to help boost the market growth over the coming
years. Rising use of internet and insufficient battery capacity of smartphones
and other mobile consumer electronic products are the key factors driving the
growth in sales of power banks globally.
Growth in GDP, increased
consumer purchasing power, and improved living standards are propelling the
growth of the electronics market, which, in turn is driving the power banks
market. The 8,001 mAh-20,000 mAh capacity range segment is expected to register
the highest CAGR over the forecast period owing to the capacity of these power
banks to charge a device multiple times.
The Asia Pacific region led the
market in terms of revenue in 2017.Factors, such as growing population and
rising penetration of e-commerce in the electronics industry, are augmenting
the demand for power banks in Asia Pacific. Thus, the region is expected to
witness a significant gain in revenue share over the forecast period. The
lithium-ion battery segment held the largest market share in 2017.Lithium-ion
batteries offer numerous advantages, such as relatively low self-discharging,
high energy density, and low maintenance.
Access Full Research
Report On Power Bank Market Analysis:www.grandviewresearch.com/industry-analysis/power-banks-market
Further key findings from the study suggest:
·
The online distribution channel
segment is expected to witness substantial growth over the forecast period
owing to the growing number of internet users
·
The electric power banks
segment accounted for the largest market share in 2017
·
However, the solar power banks
segment is expected to register the fastest CAGR from2018 to 2025
·
Countries including U.S.,
China, Japan, India, and Mexico are expected to witness considerable growth
over the forecast period owing to robust industrial development and extensive
urbanization
·
Major companies in the global
power banks market include Beijing Xiaomi Technology Co. Ltd.; Lenovo Group
Ltd.; Microsoft Corporation; Panasonic Corporation; Sony Corporation; ASUS TeK
Computer, Inc.; Anker Technology Co.; Intex Technologies; and Ambrane India
Private Ltd.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/semiconductors-and-electronics
Grand View Research has segmented global
power banks market on the basis of capacity range, energy source, battery type,
end user, distribution channel, and region.
Power Banks Capacity Range
Outlook (Revenue, USD Billion, 2014 - 2025)
·
Up to 3,000 mAh
·
3,001 mAh-8,000 mAh
·
8,001 mAh-20,000 mAh
·
Above 20,000 mAh
Power Banks Energy Source
Outlook (Revenue, USD Billion, 2014 - 2025)
·
Electric
·
Solar
Power Banks Battery Type
Outlook (Revenue, USD Billion, 2014 - 2025)
·
Lithium-Ion Batteries
·
Lithium Polymer Batteries
Power Banks End User Outlook
(Revenue, USD Billion, 2014 - 2025)
·
Industrial/B2B
·
Consumer Electronics
Power Banks Distribution
Channel Outlook (Revenue, USD Billion, 2014 - 2025)
·
Online
·
Offline
Power Banks Regional Outlook
(Revenue, USD Billion, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
U.K.
o
Germany
o
France
·
Asia Pacific
o
Japan
o
China
o
India
·
South America
o
Brazil
·
Middle East & Africa (MEA)
Browse Press
Release of this Report:
www.grandviewresearch.com/press-release/global-power-bank-market
www.grandviewresearch.com/press-release/global-power-bank-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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