Home >> News >> Business >> Power Banks Market size to Reach Worth USD 25.5 Bn by 2022analysis by Credence Research

Power Banks Market size to Reach Worth USD 25.5 Bn by 2022analysis by Credence Research

The Power Banks Market Report is a professional and in-depth study on the current state of the Power Banks Industry. Power Banks Market expected to exhibit steady growth during the forecast period.

Firstly, this research report presents a basic outline of the Power Banks industry covering boundaries, purposes, classifications and market chain structure. The growth policies and strategies are presented as well as manufacturing processes and cost structures.

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Secondly, this research study shows the Power Banks market size (volume and value), and the share markets by types, regions, applications, and companies are also discussed. Third, the Power Banks market report is presented for major regions including USA, Europe, China, and Japan, and other regions can be added.

Then, the research report especially concentrates on global major leading industry players with data such as company product pictures, profiles and terms, trades, market share, and contact information.

Market Insights: A power bank is a battery charging device used for charging a rechargeable battery or secondary cell. The global demand for power banks is majorly driven by the continually growing demand for smartphones, tablets, and PDAs. The advancements in technologies have significantly enhanced the capacities and charging speeds of power banks in recent years.  Furthermore, improved standard of living, rise in consumer discretionary income and evolving digital habits of consumers are expected to have positive impact on the overall demand for power banks globally. The increasing competition between domestic and international players is expected to result in price wars, thereby reducing the average selling prices for power banks in the following years. Factors such as evolving digital habits of consumers coupled with perpetually growing demand for smartphones is identified as the major driving the uptake of power banks across the globe. Due to advancements in network technologies like 3G and LTE, people prefer accessing digital content through smartphones. This, in turn increases the battery consumption supporting the demand for power banks.

Leading Players:   Apacer Technologies, Inc. Hitachi Maxell Ltd., MiPow Ltd., Mophie, Inc., Limefuel, LLC., xtorm BV, Panasonic Corporation, Samsung Electronics Co, Ltd., Sony Corporation, Anker, Microsoft Corporation, and Xiaomi Technology Co., Ltd. among others

Research Methodology         

Credence Research has used various sources of information and study to determine the market wealth of the global Power Banks market. In series to give the industry value forecast till 2026 end, Credence Research analysts have first searched Power Banks solutions by services, end user, product type and purpose. After this, the analysts aimed to arrive at the stated market figures so they have done primary and secondary research. In the primary research, consultations with industry specialists were carried out and the secondary research consists of qualitative information collecting through journals, various articles, industry association data, blogs, company websites, and other secondary sources. In the data study phase, adoption of Power Banks solutions across various industries was examined, along with value chain analysis.

Report content

  • Qualitative Analysis
  • Industry overview
  • Industry trends
  • Key market opportunities prioritized
  • Market size
  • Growth prospects
  • Product benchmarking
  • Competitive landscape
  • Company overview
  • Financial performance
  • Market drivers and restraints
  • Latest strategic developments

Quantitative Analysis

  • Power Banks Market size, estimates, and forecast from 2018 to 2026
  • Power Banks Market estimates and forecast for product segments up to 2026
  • Regional market size and forecast of Power Banks for product segments up to 2026
  • Market valuations and the outlook for demand segments up to 2026
  • Regional business size and forecast for application segments up to 2026

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