Market Overview:
The global portable battery pack (power banks) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market was valued at US$ 16,584.8 Mn in 2017 and is projected to reach US$ 38,711.4 Mn by 2030. The growth of the global portable battery pack (power banks) market can be attributed to the increasing demand for mobile phones and tablets across the globe. Additionally, rising awareness about energy conservation has led consumers to adopt portable battery packs as a backup power source for their electronic devices, thereby driving the growth of this market. On the basis of type, Li-ion (lithium ion) batteries are expected to account for a major share of the global portable battery pack (power banks) market during 2018-2030 owing to their high capacity and longer life span as compared with other types of batteries such as nickel metal hydride and Ni-Cd (nickel cadmium). On account of these advantages over other types of batteries, Li-ion batteries are being increasingly adopted in consumer electronics products such as mobile phones and tablets.
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Product Definition:
A Portable Battery Pack (Power Bank) is a battery charger that can be used to recharge electronic devices, such as smartphones and tablets, while on the go. They are typically small and lightweight, making them easy to carry with you wherever you go.
Li-Ion (Lithium Ion) Battery:
The global market for Li-Ion (Lithium Ion) battery is expected to witness significant growth over the forecast period owing to its increasing usage in portable devices such as smartphones, tablets, and laptops. The growing demand for these batteries due to their lightweight features is also expected to drive the market over the next seven years.
Li-Polymer (Lithium-Polymer) Battery:
Li-Polymer (Lithium-Polymer) battery is a rechargeable battery that uses lithium polymer as it's positive and negative electrode. It offers higher energy density, lightweight, and low self-discharge rate as compared to conventional batteries such as Nickel-Cadmium or Nickel–metal hydride. These properties make LiPb batteries an ideal choice for portable applications where power is needed on the go.
Application Insights:
The mobile phones segment accounted for the largest share of more than 50.0% in 2017. The increasing use of portable batteries to power smartphones, as well as other electronic devices, such as media players and cameras, is expected to drive the demand for portable battery packs over the forecast period.
Power banks are widely used in tablets due to its large capacity batteries that can be used continuously for several hours without requiring a recharge. Increasing sales of tablets with high-resolution displays are further anticipated to augment market growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electronic devices in countries, such as China and India. Furthermore, growing popularity of portable power banks due to increased usage of smartphones will drive the APAC market further. Increasing number of manufacturing facilities in these countries along with rising disposable income levels will also support growth during the forecast period.
North America was estimated at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing high product demand coupled with presence of key players such as Samsung Electronics Co., Ltd., LG Chem Ltd.
Growth Factors:
- Increasing demand for smartphones and other portable electronic devices
- Rapid technological advancements in the battery pack industry
- Growing awareness about the benefits of using portable battery packs among consumers
- Rising disposable income of consumers in developing countries
- Entry of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Battery Pack (Power Banks) Market Research Report
By Type
Li-Ion (Lithium Ion) Battery, Li-Polymer (Lithium-Polymer) Battery, Nickel Metal Hydride Battery, Ni-Cd (Nickel Cadmium) Battery
By Application
Mobile Phones, Tablets, Others
By Companies
BYD, Energizer, Mophie, Simplo Technology, Sony, Panasonic, Anker Technology, Cheero, Braven LC, BYD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Portable Battery Pack (Power Banks) Market Report Segments:
The global Portable Battery Pack (Power Banks) market is segmented on the basis of:
Types
Li-Ion (Lithium Ion) Battery, Li-Polymer (Lithium-Polymer) Battery, Nickel Metal Hydride Battery, Ni-Cd (Nickel Cadmium) Battery
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mobile Phones, Tablets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BYD
- Energizer
- Mophie
- Simplo Technology
- Sony
- Panasonic
- Anker Technology
- Cheero
- Braven LC
- BYD
 Market Overview.svg)
Highlights of The Portable Battery Pack (Power Banks) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Li-Ion (Lithium Ion) Battery
- Li-Polymer (Lithium-Polymer) Battery
- Nickel Metal Hydride Battery
- Ni-Cd (Nickel Cadmium) Battery
- By Application:
- Mobile Phones
- Tablets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Battery Pack (Power Banks) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A portable battery pack is a device that can be used to store electrical energy. They are often small, lightweight devices that can be easily carried around. Portable battery packs are commonly used to power electronic devices, such as smartphones and tablets, when there is no access to an outlet.
Some of the key players operating in the portable battery pack (power banks) market are BYD, Energizer, Mophie, Simplo Technology, Sony, Panasonic, Anker Technology, Cheero, Braven LC, BYD.
The portable battery pack (power banks) market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Battery Pack (Power Banks) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Portable Battery Pack (Power Banks) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Battery Pack (Power Banks) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Portable Battery Pack (Power Banks) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Portable Battery Pack (Power Banks) Market Size & Forecast, 2020-2028
4.5.1 Portable Battery Pack (Power Banks) Market Size and Y-o-Y Growth
4.5.2 Portable Battery Pack (Power Banks) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Li-Ion (Lithium Ion) Battery
5.2.2 Li-Polymer (Lithium-Polymer) Battery
5.2.3 Nickel Metal Hydride Battery
5.2.4 Ni-Cd (Nickel Cadmium) Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mobile Phones
6.2.2 Tablets
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Battery Pack (Power Banks) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Battery Pack (Power Banks) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Li-Ion (Lithium Ion) Battery
9.6.2 Li-Polymer (Lithium-Polymer) Battery
9.6.3 Nickel Metal Hydride Battery
9.6.4 Ni-Cd (Nickel Cadmium) Battery
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mobile Phones
9.10.2 Tablets
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Li-Ion (Lithium Ion) Battery
10.6.2 Li-Polymer (Lithium-Polymer) Battery
10.6.3 Nickel Metal Hydride Battery
10.6.4 Ni-Cd (Nickel Cadmium) Battery
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mobile Phones
10.10.2 Tablets
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Li-Ion (Lithium Ion) Battery
11.6.2 Li-Polymer (Lithium-Polymer) Battery
11.6.3 Nickel Metal Hydride Battery
11.6.4 Ni-Cd (Nickel Cadmium) Battery
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mobile Phones
11.10.2 Tablets
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Li-Ion (Lithium Ion) Battery
12.6.2 Li-Polymer (Lithium-Polymer) Battery
12.6.3 Nickel Metal Hydride Battery
12.6.4 Ni-Cd (Nickel Cadmium) Battery
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mobile Phones
12.10.2 Tablets
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Li-Ion (Lithium Ion) Battery
13.6.2 Li-Polymer (Lithium-Polymer) Battery
13.6.3 Nickel Metal Hydride Battery
13.6.4 Ni-Cd (Nickel Cadmium) Battery
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mobile Phones
13.10.2 Tablets
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Battery Pack (Power Banks) Market: Competitive Dashboard
14.2 Global Portable Battery Pack (Power Banks) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BYD
14.3.2 Energizer
14.3.3 Mophie
14.3.4 Simplo Technology
14.3.5 Sony
14.3.6 Panasonic
14.3.7 Anker Technology
14.3.8 Cheero
14.3.9 Braven LC
14.3.10 BYD
