Power Banks Market
Increasing use of on-the-go electronic devices drives the outrageous demand for external batteries, enabling the power banks market to grow at a whopping 25.9% CAGR from 2014 to 2022, states a new market study from Transparency Market Research (TMR). The report, titled “Power Banks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”, states that the global power banks market, valued at US$7.36 billion in 2013, is expected to be valued at US$36.15 billion by 2022.By volume, in 2013, 334.2 million unit power banks were shipped. In the same year, North America contributed the largest revenue, accounting for almost 43% of the market, adds the report.
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