Global Power Bank Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

This report extensively covers different segments of Global Power Bank Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns). The global power bank market size was valued at $17.41 billion in 2019, and is projected to reach $22.34 billion by 2027, registering a CAGR of 3.4% from 2020 to 2027. Power bank with the ratings between 8000 mAh to 20,000 mAh segment is expected to own the largest share of the global power bank market. Power banks with a capacity of 8000 mAh to 20,000 mAh generally use lithium-ion batteries, which has a longer life span of charging with higher power efficiency. The global market for power bank has become highly competitive with the presence of a significant number of players and an increasing number of new entrants. There are several excellent choices for the Industrial power bank, yet determining which one is best for you is challenging. The Aibocn is a 10,000 mAh power bank which is a lot more portable than competitors with similar capacities. It's dimension are an impressively small 0.78 x 5.4 x 2 inches. The device has two USB ports and has a flashlight which is perfect for hikers, campers, and travelers. Increased use of digital products equipped with rechargeable batteries and rise in penetration of internet services is driving the future of global power bank market. At present, various factors are driving the growth of the industry, which include a significant shift toward 3G and 4G networks, the rising popularity of digital content, and the increasing processing power of devices. Load banks are a key element in ensuring that an emergency backup power system can handle the required electrical load in the event of an actual utility power failure.

Global Power Bank Market Analysis

In this report, the Global Power Bank Market has been segmented by Capacity Range, Charging Mode, Application and Geography.

Global Power Bank Market, Segmentation by Geography

In this report, the Global Power Bank Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Find below the list of Countries covered in each of the aforementioned geographical regions:

North America - United States, Canada and Mexico

Latin America - Brazil, Argentina and Rest of Latin America

Europe - Germany, United Kingdom, France, Italy, Spain and Rest of Europe

Asia Pacific - Japan, China, India, Australia & New Zealand, South Korea, ASEAN (Association of South East Asian Nations) and Rest of Asia Pacific

Middle East & Africa - GCC Countries, Egypt, Israel, South Africa, Rest of Middle East & Africa

This report provides market size in USD Million and Year on Year (YOY) percentage growth analysis for the Power Bank Market in all the Regions and Countries (specified above) for historic (2020 - 2023) and forecast (2024 - 2030) Periods with 2023 considered as the base year.

This report also provides an analysis of why the market size of Power Bank in various regions and countries is increasing or decreasing with time along with the reasons for changes in the YOY growth with time.

This report provides an in depth analysis of various factors that impact the dynamics of Global Power Bank Market. These factors include; Market Drivers, Restraints and Opportunities Analysis, Market Opportunity Mapping, PEST (Political, Economic, Social and Technological) Analysis and Porter's Five Forces Analysis.

Drivers, Restraints and Opportunity Analysis

Market Opportunity Map

This report provides market opportunity map for Power Bank Market. The opportunity map (by market segments; Capacity Range, Charging Mode and Application) is calculated based on current year market estimates, CAGR and collective revenue over the forecast period. Since, CAGR has been estimated considering all the factors impacting the market; starting from the company's presence, buyer behaviour, to government interference or support. The opportunity map inherently considers all the aforementioned factors impacting the market. The bubble size reflects the estimated opportunity for a particular segment or region, therefore, bigger the bubble size, larger the opportunity.

PEST (Political, Economic, Social and Technological) Analysis

This report provides PEST analysis of Power Bank Market. Various factors such as government interference in the market such as regulations (which include but are not limited to pricing and intellectual property policies) that might impact the market are analysed.

This report also provides an analysis of Economic factors affecting the market such as; purchasing power, which directly influences the market growth.

This report also provides an analysis of social factors such as social norms or cultural beliefs inhibiting or promoting the growth of the market

As part of PEST analysis, this report also provides analysis of the impact of Technological factors on growth or decline of a market.

Porter's Five Force Analysis

This report provides Porter's Five Forces analysis of Global Power Bank Market, which include; Bargaining Power of Suppliers, Bargaining Power of Buyers, Threat of New Entrants, Threat of Substitutes and Competitive Rivalry.

Bargaining Power of Suppliers:

Various factors such as; Supplier Switching Costs Relative to Firm Switching Costs, Supplier Competition and Possibility of Forward Integration, Presence of Substitute Inputs, Strength of Distribution Channels, and Supplier Concentration to Firm Concentration Ratio would be analysed to estimate bargaining power of suppliers in the Global Power Bank Market. Bargaining power of suppliers will be reported on a scale of 0-10 with 0 being the lowest value and 10 being the highest value.

Bargaining Power of Buyers:

Various factors such as; Buyer Concentration to Firm Concentration Ratio, Buyer Switching Costs, Availability of Existing Substitute Products, Buyer Price Sensitivity, and Degree of Dependency upon Existing Channels of Distribution would be analysed to estimate bargaining power of buyers in the Global Power Bank Market. Bargaining power of buyers will be reported on a scale of 0-10 with 0 being the lowest value and 10 being the highest value.

Threat of Substitutes:

Various factors such as; Availability of Substitutes, Number of Available Substitutes, Price of Substitute Products, Buyer Switching Costs, and Buyer Propensity to Substitute would be analysed to estimate threat of substitutes in the Global Power Bank Market. Threat of substitutes will be reported on a scale of 0-10 with 0 being the lowest value and 10 being the highest value.

Threat of New Entrants:

Various factors such as; Barriers to Entry, Economies of Scale, Product Differentiation, Customer Loyalty, Network Effect, and Access to Distribution Channels would be analysed to estimate threat of new entrants in the Global Power Bank Market. Threat of new entrants will be reported on a scale of 0-10 with 0 being the lowest value and 10 being the highest value.

Competitive Rivalry:

Various factors such as; Firm concentration Ratio, Level of Advertising Expense, Sustainable Competitive Advantage through Innovation, Competitive Strategy and Degree of Transparency would be analysed to estimate competitive rivalry in the Global Power Bank Market. Competitive rivalry will be reported on a scale of 0-10 with 0 being the lowest value and 10 being the highest value.

Key players in Global Power Bank Market include, Xiaomi Corporation, Lenovo Group Limited, BBK Electronics, Panasonic Corporation, Koninklijke Philips N.V., Sony Corporation, ADATA Technology Co., Ltd., Ambrane India Pvt. Ltd., Intex Technologies (India) Ltd., Syska Mobile Accessories and Huawei Technologies.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis

This report also provides Heat map analysis of Products/Services Offered by different companies operating in this market.