How big is the Power Bank Market?

The Power Bank Market size is expected to reach USD 13.59 billion in 2024 and grow at a CAGR of 8.40% to reach USD 20.35 billion by 2029. Read More

What is the current Power Bank Market size?

In 2024, the Power Bank Market size is expected to reach USD 13.59 billion. Read More

Who are the key players in Power Bank Market?

Xiaomi Corporation, Lenovo Group Limited, BBK Electronics (Realme), Panasonic Corporation and Koninklijke Philips NV are the major companies operating in the Power Bank Market. Read More

Which is the fastest growing region in Power Bank Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Power Bank Market?

In 2024, the North America accounts for the largest market share in Power Bank Market. Read More

What years does this Power Bank Market cover, and what was the market size in 2023?

In 2023, the Power Bank Market size was estimated at USD 12.45 billion. The report covers the Power Bank Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Power Bank Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers for the Power Bank Market?

The major factors driving the Power Bank Market are: a) Growing demand for portable charging solutions b) Proliferation of smartphones c) Increasing outdoor activities among consumers Read More

What are the future trends in the Power Bank Market?

Future trends in the Power Bank Market are: a) Development of solar and wireless power banks b) Compact designs with higher capacity c) Smart features like fast charging and multi-device compatibility Read More

Power Bank Market Share, Analysis, and Target Market Overview

Power Bank Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Report Covers Mobile Power Bank Market Manufacturer and the Market is Segmented by Capacity Range (500-5999mAh, 6000-9999mah, 10, 000mah-13000mah, And 13000mAh), Charging Mode (wired and Wireless), Application (smartphones and Tablets, Cameras, And Laptops), And Geography (North America, Europe, Asia-pacific, Latin America, And Middle-East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Power Bank Industry Overview

The Power Bank Market is fragmented due to the presence of many vendors globally offering power banks. The market does not provide major lucrative opportunities for new market entrants. Also, the existing players are launching new technology-integrated products offering features different from the competitors in the market. Further, the vendors plan to expand their power banks' usage to various end-user verticals.

January 2023 - Consumer electronics brand Ambrane has announced the launch of Stylo Boost Power Bank with a 40000mAH battery capacity, a 60W ultrafast charging capacity, and the capability of charging smartphones and laptops.
February 2023 - UBON launched a new PB-X35 Transparent Power Bank in India that stands out from other power banks in the market due to its unique transparent aesthetic. It facilitates a peak power output of 22.5 watts, allowing phones to get charged quickly and also features twin input charging connectors and a 2.0A output charging port, allowing to charge two devices simultaneously. To ensure the safety of the charger and the devices, the power bank has overheating protection, short circuit protection, and overcharge protection.