Power Bank Market Growing at 23.1% CAGR to 2020

Share Article

The global power bank market is driven by increase in availability of digital content along with a shift towards 3G and 4G networks, batteries of electronics devices such as smartphones and tablets tend to get discharged at a higher rate, thereby leading to a requirement for a portable source of power, say new research available at RnRMarketResearch.com

Market Research Reports

Market Research Reports

Power banks with a capacity range between 9500mAh and 12499mAh hold a high market share and are expected to dominate the market during the forecast period. This market is expected to grow at a CAGR of 24.2% between 2015 and 2020.

The power bank market is expected to have a huge growth potential. The number of players offering power banks has increased, thereby intensifying the competition in the market. Proliferation of e-commerce has also supported the players by providing direct access to the consumer, which has enabled a few players to offer power banks directly to consumers through their respective websites.

The power bank market has been segmented based on the capacity range, number of USB port, energy source, technology, application, and region. Currently, most of the consumers possess more than one electronic device. Therefore, they require portable source of power which can recharge multiple devices simultaneously. Check 70 market tables and 63 figures spread through 146 pages on "Power Bank Market" at http://www.rnrmarketresearch.com/-power-bank-market-by-capacity-range-500mah-to-above-1500mah-number-of-usb-port-energy-source-technology-lithium-ion-and-lithium-polymer-application-smartphones-tablets-and-portable-media-devices-and-by-region-global-forecast-market-report.html.

The power bank market has been segmented based on the number of USB ports and has further been split into one, two, three or four USB port based power banks. The price of power banks increases with the increase in the number of USB ports offered. Currently, power banks with two USB ports hold a higher market share and this trend is expected to continue during the forecast period. However, the market for power banks with more than two USB ports is expected to grow at a high CAGR of ~30% between 2015 and 2020.

The studied market has been segmented based on energy source into power grids and solar & hydrogen. Currently, power grids are the main source of power for most of the power banks available in the market; however, market players have also developed a power bank which can be powered by alternative sources of energy such as solar and hydrogen. Sandberg A/S (Denmark) and Ravin Group (India) among others are some of the players who are developing solar power based power banks. Intelligent Energy Ltd. (U.K.) has introduced hydrogen fuel cell powered power banks which are being marketed as ’Upp’. Upp uses a reusable fuel cartridge which can recharge five smartphones and each cartridge has a life of nine years.

Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=401003.

This report on the power bank market provides a detailed analysis of market dynamics which include drivers, restraints, opportunities, and challenges. The Porters five forces analysis has been included in the report with a description of its forces and their respective impact on the power bank market. Value chain analysis has also been included in the report. It has been estimated that the majority of companies which develop power banks along with batteries are located in the Asia-Pacific region. Asia-Pacific accounts for a major market share of ~45% of the power bank market and is expected to maintain this trend during the forecast period. Some of the companies present in the power bank market include LG Chem Ltd., Microsoft Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., Sony Corporation, Advantage Computers (I) Pvt. Ltd., Anker, China BAK Battery, Inc., Mophie Inc., Oneplus, UNU Electronics Inc, Xiaomi Technology Co., Ltd. This is a premium research report priced at US$ 4650 for single user PDF license. Inquire for discount on this research at http://www.rnrmarketresearch.com/contacts/discount?rname=401003.

Related Market Reports:

"Power Rental Market by End-User Industry, by Applications (Peak, Prime/Base & Standby) & Generator Types (Diesel & Gas Generator) - Global Trends & Forecasts (2012 - 2019)” Companies profiled in this research report are Aggreko Plc., Apr Energy Plc., Ashtead Group Plc., Atlas Copco Ab, Bredenoord Exploitatiemij B.V., Caterpillar Inc., Cummins Inc, Speedy Hire Plc., The Hertz Corporation, United Rentals discussed in this research available at http://www.rnrmarketresearch.com/power-rental-market-by-end-user-industry-peak-primebase-standby-application-diesel-gas-generatorengine-type-global-trends-forecasts-2012-2017-market-report.html.

"Turbo Generators Market by Capacity (10 - 175 MVA, 175 MVA - 550 MVA, 550 MVA & Above), by End-User (Coal Power Plants, Gas Power Plants, Nuclear Power Pants, Others), by Cooling (Air Cooled, Hydrogen Cooled, Water Hydrogen Cooled) & Geography (Asia-Pacific, Europe, Middle East & Africa, North America, South America) - Global Trends and Forecasts to 2019” Companies profiled in this research report are Alstom SA (France), General Electric (the U.S.), Siemens AG (Germany), Mitsubishi Hitachi Power Systems (Japan), Andritz AG (Austria), BHEL (India), Harbin Electric Company (China), Toshiba (Japan), Dongfang Electric Corporation (China), Brush (U.K.) discussed in this research available at http://www.rnrmarketresearch.com/solid-state-smart-transformer-market-global-forecast-analysis-2012-2020-by-application-smart-grid-traction-locomotives-electric-vehicle-charging-stations-others-compone-market-report.html.

Explore more In Information Technology & Telecommunication Market research reports at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication.

About Us:

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Ritesh Tiwari
since: 06/2012
Follow >
RnR Market Research
since: 08/2012
Like >
Follow us on
Visit website