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Power Bank Market, Size, Share, Trend & Industry Forecast 2022

https://www.alliedmarketresearch.com/power-bank-market Global Power Bank Market is expected to garner $44,424 million by 2022, registering a CAGR of 15.4% during the forecast period 2016-2022. The increased usage of smartphones, tablets, MP3 players, and laptops lead to faster battery consumption compelling the demand for a portable battery power bank source. Adoption of power banks or external batteries is on the rise to charge devices compatible with USB power banks. The portable, battery power bank case, and solar power banks are the major types of power banks in the market. While the portable power banks are compact and charge devices with USB functionality, battery case power banks have batteries enclosed in mobile cases for convenient charging. However, solar power banks use solar rays for charging the device.

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Power Bank Market, Size, Share, Trend & Industry Forecast 2022

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  1. Power Bank Market Global Opportunity Analysis and Industry Forecast, 2016 - 2022

  2. Current and Future Market Scenario • The power bank market has witnessed moderate growth during the past few years and is expected to grow at a CAGR of 15.4% during the forecast period. • Global Power Bank Market is expected to garner $44,424 million by 2022. • The lithium-polymer batteries are estimated to have the fastest growth rate during the forecast period. • Asia-Pacific is expected to be the largest market during the forecast period. Power Bank Market

  3. Factors Contributing to Market Growth • Introduction of low-priced and advanced power banks is one of the major driving factor for this market. However, introduction of wireless charging technology in smartphones and poor battery quality of some power banks are major hindrances for market growth. • Other factors that contribute to market growth are: • Increasing usage and demand for mobile phones • Introduction of low-priced and innovative power banks • Increasing digitization and penetration of wireless services Power Bank Market

  4. Key Benefits • This study provides insights on the current and future trends of the world power bank market to identify imminent investment opportunities. • The report determines the overall market potential and trends to gain a profitable coverage. • The report highlights key drivers, restraints, opportunities, and impact analysis on the market. • Quantitative analysis and forecast for the global power bank market is explained to identify potential markets to capitalize on. • Porters five forces model analysis of the industry illustrates the potency of buyers and suppliers participating in the market. • Value chain analysis in the report elucidates the roles of stakeholders involved. Power Bank Market

  5. Power Bank - Market Segment Power Bank Market

  6. Dominating Segments • Power bank with power rating 3,501-20,000 mAh dominated the market in terms of spending in 2015 • Power Bank Market projected to continue its dominance throughout the forecast period. • In the battery-type segment, it is anticipated that lithium ion battery would dominate the battery power bank market. • The lithium-polymer batteries are expected to have a faster growth rate than the traditional lithium ion batteries during the forecast period Power Bank Market

  7. Region Overview • Geographically, the Power Bank Market is segmented across North America, Europe, Asia-Pacific, and LAMEA. • LAMEA is estimated to be the fastest growing region due to an increase in the number of smartphone users coupled with a weak power grid in this region. • Asia-Pacific is projected to exhibit a substantial growth during the forecast period in the power bank market. Power Bank Market

  8. Leading Players • The leading players in the power bank industry are highly focused to expand their business operations in the fast-growing emerging countries with new product launches as the preferred strategy. • Industries focus on product launch, R&D, and expansion as their key strategies to strengthen their position in the market. • Microsoft Corporation, Panasonic Corporation and Sony Corporation are key players in this industry. Power Bank Market

  9. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/power-bank-market Follow Us On Power Bank Market

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