Global $27.75 Bn Power Bank Markets, 2014-2017 & 2018-2025

Dublin, April 25, 2019 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.

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.

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.

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 from 2018 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

Key Topics Covered:

Chapter 1 Research Methodology

Chapter 2 Executive Summary
2.1 Power Banks - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Industry Trends

Chapter 3 Industry Outlook
3.1 Market Definition
3.2 Market Segmentation & Scope
3.2.1 Market driver analysis
3.2.1.1 Surging adoption of smartphones and other electronic devices
3.2.1.2 Power drainage due to large - scale digitization
3.2.1.3 Reduction in costs of power banks
3.2.1.4 Rapid growth of online retail platforms
3.2.2 Market restraint analysis
3.2.2.1 Enhancements in battery capacity of smartphones and other electronic products
3.2.2.2 Poor quality of power banks
3.2.3 Market challenges analysis
3.2.3.1 High costs of recycling Li - ion batteries
3.2.4 Market opportunities analysis
3.2.4.1 Development of solar power banks
3.3 Power Banks Market - PEST analysis
3.4 Industry Analysis - Porter's Five Forces Analysis

Chapter 4 Power Banks Market: Capacity Range Estimates & Trend Analysis
4.1 Power Banks Market: Capacity Range Movement Analysis
4.1.1 Up to 3,000 mAh
4.1.2 3,001 mAh - 8,000 mAh
4.1.3 8,001 mAh - 20,000 mAh
4.1.4 Above 20,000 mAh

Chapter 5 Power Banks Market: Energy Source Estimates & Trend Analysis
5.1 Power Banks Market: Energy Source Movement Analysis
5.1.1 Electric
5.1.1.2 Solar

Chapter 6 Power Banks Market: Battery Type Estimates & Trend Analysis
6.1 Power Banks Market: Battery Type Movement Analysis
6.1.1 Lithium - Ion Batteries
6.1.2 Lithium Polymer Batteries

Chapter 7 Power Banks Market: End User Estimates & Trend Analysis
7.1 Power Banks Market: End User Movement Analysis
7.1.1 Industrial/B2B
7.1.2 Consumer Electronics

Chapter 8 Power Banks Market: Distribution Channel Estimates & Trend Analysis
8.1 Power Banks Market: Distribution Channel Movement Analysis
8.1.1 Online Distribution Channel
8.1.2 Offline Distribution Channel

Chapter 9 Power Banks Market: Regional Estimates & Trend Analysis
9.1 Power Banks Market: Distribution Channel Movement Analysis

Chapter 10 Competitive Landscape

• Beijing Xiaomi Technology Co., Ltd.
• Lenovo Group Ltd.
• Microsoft Corporation
• Panasonic Corporation
• Sony Corporation
• ASUSTeK Computer Inc.
• Anker Technology Co. Limited
• Intex Technologies
• Ambrane India Private Limited
• SAMSUNG SDI CO., LTD.

For more information about this report visit https://www.researchandmarkets.com/r/oe2y9s

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                    Related Topics: Battery Technology