Power Bank Market to Witness Astonishing Growth by 2031

The global power bank market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period. The market growth is mainly driven by the increase in usage of electronics devices, advancement in technology, easy availability of power banks economic prices among others. The increasing adoption of electronic devices is one of the prime factors affecting and driving the market. Nowadays everyone is involved in using electronic devices such as mobile phones, tablets or it can be laptops for their work, so the requirement for portable energy sources is arising so that simultaneously, it can recharge multiple devices. Through usage and support of power bank, it can effectively and efficiently charge the devices without any electrical plug point as it is easy to carry anywhere and everywhere. Additionally, it supports rescuing the devices when it is short of battery when the direct power source is not available.

Rising internet penetration has increased the usage of electronic devices which has led to an increased demand for portable charging sources. Looking towards the demand for power bank key manufacturers of the power bank is making new product launches. For instance, in March 2020, Xiaomi Technology, Co., Ltd. had launched its new Mi Wireless Power Bank in India.

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Market Coverage

  • The market number available for – 2023-2031
  • Base year- 2023
  • Forecast period- 2024-2031

Segment Covered- 

  • By Battery Technology
  • By Applications
  • By Charging Mode

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

A full Report of Power Bank Market is Available at:  https://www.omrglobal.com/industry-reports/power-bank-market

Power Bank Market Segment

By Battery Technology

  • Lithium-Ion Battery
  • Lithium Polymer Battery

By Type

  • Smartphones & Tablets
  • Laptop
  • Others (Camera, Smart Band, Wireless Headset)

By Charging Mode

  • Wired
  • Wireless

By Energy Source

  • Electric
  • Solar

Power Bank Market Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

Company Profiles 

  • Ambrane India Pvt. Ltd.
  • Anker Technology Co., Ltd.
  • AsusTeK Computer Inc.
  • Beijing Xiaomi Technology Co., Ltd
  • CBAK Energy Technology, Inc.
  • Co.,LTD.  (Adcom)
  • Intelligent Energy Ltd.
  • Intex Technologies
  • Lenovo Group Ltd.
  • LG Chem, Ltd.
  • Microsoft Corp.
  • MiPowIPOW
  • OnePlus Technology Co., Ltd.
  • Panasonic Corp.
  • Ravin Group
  • Samsung Sdi Co., Ltd.
  • Sandberg A/S
  • Sony Corp.
  • Telco Accessories BV (Xtorm)
  • UNU Electronics Inc.
  • ZAGG, Inc.
  • ZENDURE USA INC.

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