Jan 18, 2019   SOURCE: BusinessWire

The Global Market for Power Banks - Forecast to 2026: Set to Achieve a CAGR of 18.9%, Aiding the Market to Exceed $32.23 Million - ResearchAndMarkets.com

The "Power Bank - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Power Bank market accounted for $6.81 million in 2017 and is expected to reach $32.23 million by 2026 growing at a CAGR of 18.9% during the forecast period.

The factors driving the market growth are increasing adoption of smart phones & electronic devices and price drop in power banks etc. However, increasing preferences for wireless charging technologies and improved batteries are restraining the market.

By product, solar power bank is powered by the energy harnessed from sunlight. They are useful during camping trips, where electricity sockets are unavailable and charging equipment for emergencies is essential. Most of them can be charged alternatively using a USB. The demand for these devices is projected to increase in the coming years owing to the growing popularity of solar energy as an environmentally-friendly alternative.

Asia Pacific, within the global scenario, has a positive impact on the market due to the growing number of users of electronic devices, large-scale digitization, availability of affordable power banks and penetration of e-commerce in the electronics industry.

Batteries Covered:

  • Lithium Polymer (LI-Polymer) Battery
  • Lithium Ion (LI-Ion) Battery

Products Covered:

  • Battery Case
  • Portable Power Banks
  • Solar Power Banks
  • Other Products

Port Types Covered:

  • Two USB Ports
  • One USB Port
  • More Than Two USB Ports

Capacity Ranges Covered:

  • Above 15,500mAh
  • 12,500-15,499mAh
  • 9,500-12,499mAh
  • 6,500-9,499mAh
  • 3,500-6,499mAh

Distribution Channels Covered:

  • Offline Distribution Channel
  • Online Distribution Channel

Prices Covered:

  • Above $300
  • Between $200 and $300
  • Between $100 and $200
  • Between $70 and $100
  • Between $50 and $70
  • Between $20 and $50
  • Less than $20

Applications Covered:

  • Tablet
  • Portable Media Device
  • Smartphone
  • Laptops
  • Digital Camera
  • Other Applications

End-Users Covered:

  • Consumer Electronics
  • Industrial/B2B

Companies Profiled:

  • Xiaomi
  • Sony Corporation
  • Samsung Electronics
  • RavPower
  • Mophie
  • Microsoft Corporation
  • GP Batteries International
  • Apacer Technology
  • Anker Technology
  • Ambrane India
  • ASUS
  • Intex Technologies
  • Lenovo Group
  • Oppo Electronics
  • Syska
  • The Targus Corporation
  • UNU Electronics

For more information about this report visit https://www.researchandmarkets.com/research/p8bfqw/the_global_market?w=4