The research report segments the power bank market on the basis of capacity range, number of USB port, energy source, battery type, application, and region.

Pune, India -- (SBWire) -- 09/05/2018 --Power Bank Market 2017 - Scope of The Report and Forecast up to 2022 report added on ReportsnReports.com. The Power Bank Market is expected to grow at a CAGR of 21.22% between 2017 and 2022 and is likely to be valued at USD 25.16 billion by 2022.

Target audience of the report:
- Distributors of portable power banks
- Government bodies, venture capitalists, and private equity firms
- Manufacturers of components such as Li-ion cells, Li-polymer cells, control chips, and sensors
- Manufacturers of consumer electronic devices such as smartphones, tablets, and laptops
- Online retailing companies
- Power bank consumers
- Power bank designers and manufacturers
- Research institutes, associations, and organizations

The key players operating in the power bank market include Beijing Xiaomi Technology Co., Ltd. (China), Lenovo Group Ltd. (China), Microsoft Corp. (US), Panasonic Corp. (Japan), Sony Corp. (Japan), ADATA Technology Co., Ltd. (Taiwan), AsusTek Computer Inc. (Taiwan), Ambrane India Pvt. Ltd. (India), Anker Technology Co. Ltd. (US), Intex Technologies (India), OnePlus Technology (Shenzhen) Co., Ltd. (China), and uNu Electronics Inc. (US) Ltd. (India).

Download Brochure of Power Bank Market spread across 189 Pages, Profiling 12 Companies and Supported with 43 Tables and 39 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=409180

The key driving factors for the growth of the power bank market include the increasing usage of electronic devices such as smartphones and tablets, technological advancements, and electric outage in certain countries. However, the major restraining factors for the growth of this market are improvement in the battery capacity of electronic devices and increasing adoption of wireless charging technology in consumer electronic devices.

Market for power banks with a capacity range of 12500–15499mAh expected to grow at a high rate between 2017 and 2022"
The market for power banks with a capacity range of 12500–15499mAh is expected to grow at a high rate between 2017 and 2022. The increased battery capacity of mobile devices and laptops require high capacity power banks to recharge these devices; this is expected to drive the growth of the market.

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"Smartphones to hold the largest share of the overall power bank market between 2017 and 2022"
Smartphones hold the largest size of the power bank market; the market for smartphones is expected to grow at a high rate between 2017 and 2022. The increasing penetration of smartphones, along with the extensive use of Internet services, is draining the battery power of smartphones rapidly. Hence, the demand for power banks to run smartphones for a longer duration is increasing in the market.

"Europe to be the fastest-growing market for power banks between 2017 and 2022"
The market for power banks in Europe is expected to grow at a high rate between 2017 and 2022. The manufacturers in Europe are continuously seeking for new growth opportunities by focusing on new technological developments in the power bank market. In addition, the presence of a large number of techno savvy consumers with high disposable income contributes to the growth of the power bank market in Europe.

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The break-up of the profiles of primary participants for the report has been given below.
- By Company Type: Tier 1 – 50%, Tier 2 – 35%, and Tier 3 – 15%
- By Designation: C–Level Executives – 55%, Directors– 35%, and Others – 10%
- By Region: Americas - 25%, Europe – 30%, APAC – 35%, and RoW – 10%

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