High Capacity Power Bank Market
Segments - by Battery types (Lithium-ion and Lithium Polymer), Applications (Smartphones, Tablets, Laptops, Portable Media Devices, Wearable Devices, Digital Cameras, and others) and Capacity Range (Up to 3000 mAh, 3,001 - 8,000 mAh, 8,001 - 20,000 mAh, and above 20,000 mAh), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Global industry Analysis, Growth, Share, Trends, and Forecast 2021- 2028
The global high capacity power bank market size was around USD 17.5 billion in 2020 and is expected to register a CAGR of 3.3% during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for high-speed charging.
Smartphones are equipped with powerful operating systems such as Android, Symbian, and iOS that allow the users to play games, run multimedia player, access video calling, and stay connected to external world through high speed Internet services. This leads to high consumption of battery in smartphones.
Mobile power bank is a device with portable battery charging, which allows user to charge mobile devices anywhere and anytime. It is medium-sized electronic device that comprises of lithium-ion battery and electronic circuits to control the power flow range. Mobile power banks store the electrical energy that depends on the device capacity (mAh). Companies are striving to provide fast charging through its multiple charging ports attached on their products.
Market Drivers, Restraints, Trends, and Opportunities
- Ongoing innovation in the power bank market that includes introducing power banks with advanced technologies is expected to spur the market growth. For instance, various companies are manufacturing power banks that are powered by solar energy or hydrogen fuel cells.
- Rising disposable income is anticipated to foster the growth of the market.
- Manufacturers are utilizing recycled batteries, which in turn, increases the risk of explosion. This poor quality power banks can hinder the growth of the market.
- The power bank market has become highly competitive with the presence of a large number of players. This, in turn, has reduced the profitability and eventually ROI of industry players.
Scope of High Capacity Power Bank Market Report
The report on the global high capacity power bank Market includes an assessment of the market, trends, segments and regional markets.
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Attributes |
Details |
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Report Title |
High Capacity Power Bank Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Battery types (Lithium-ion and Lithium Polymer), Applications (smartphones, tablets, laptops, portable media devices, wearable devices, digital cameras, and others) and Capacity Ranges (Up to 3000 mAh, 3,001 - 8,000 mAh, 8,001 - 20,000 mAh, and above 20,000 mAh) |
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Regional Scope |
North America, Europe, APAC, Latin America, MEA |
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Report Coverage |
Market Analysis and Size, Market Segment, Competitive Landscape, Driving Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Charles Industries, EC Technology, Epctek, INTECRO, Lenmar Enterprises, Lizone, Philips, Poweradd, and VINSIC |
Global High Capacity Power Bank Market Segment Insights
Lithium-ion segment to account a large market share
Based on battery types, the market divided into lithium-ion and lithium polymer. The lithium-ion segment account for a large market share during the forecast period. The production-cost efficiency and minimal battery discharge of lithium-ion batteries makes them a preferable option for power banks. Moreover, high energy density of lithium-ion batteries is driving the market segment.
Smartphones segment is anticipated to dominate the market share
Based on applications, the market is segmented into smartphones, tablets, laptops, portable media devices, wearable devices, digital cameras, and others. The smartphones segment is anticipated to dominate the market during the forecast period. This is attributed to extensive use of Internet services on smartphones, which leads to drainage of the battery power rapidly.
Smartphones are equipped with batteries that have a short life, which increases the need for power banks, creating a vast potential for power banks in the market. The COVID-19 pandemic led to the shutdown of manufacturing facilities, which halted the smartphone production. Moreover, the decreased consumer expenditure has reduced the demand for power banks. However, the power bank market is anticipated to gain momentum by end of the year 2021.
8,001 -20,000 mAh segment to account a considerable market share
On the basis of capacity ranges, the power bank market is divided up to 3000 mAh, 3,001 - 8,000 mAh, 8,001 - 20,000 mAh, and above 20,000 mAh. The 8,001 -20,000 mAh segment is expected to account for a considerable market share during the forecast period. These power banks have high output efficiency and longer battery life, as well as LEDs or LCDs to indicate battery level. Moreover, the power bank with this capacity range have features such as DC output ports that are used to recharge laptops, USB Type C ports and has quick charge functionality.
Asia Pacific to account a large share
Based on regions, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Asia Pacific is anticipated to dominate the market owing to rising number of cell phones and electronic devices in countries such as China and India. Rising penetration of Internet providers in these countries is encouraging manufacturers to innovate their products.
Moreover, rising disposable income and boost in the manufacturing industry is spurring the regional market growth. The market in North America is anticipated to grow at a steady rate, while Europe owing to the growing number of compact gadgets coupled with Internet services.
Segments
Battery Types
- Lithium-Ion (Li-Ion) Battery
- Lithium Polymer (Li-Polymer) Battery
Capacity ranges
- Up to 3,000 mAh
- 3,001–8,000 mAh
- 8,001–20,000 mAh
- Above 20,000 mAh
Applications
- Smartphones
- Tablets
- Laptops
- Portable Media Devices
- Wearable Devices
- Digital Cameras
- Others
Regions
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Key Players
- Charles Industries
- EC Technology
- Epctek
- INTECRO
- Lenmar Enterprises
- Lizone
- Philips
- Poweradd
- VINSIC
Competitive Landscape
The major players of the market are Charles Industries, EC Technology, Epctek, INTECRO, Lenmar Enterprises, Lizone, Philips, Poweradd, and VINSIC.
In June 2020, Xiaomi Corporation launched Mi Power Bank 3 with a battery capacity of 30,000mAh, which is enough to charge the latest iPhone SE more than ten times and its flagship Mi 10 about five times.
In May 2020, Gionee announced the launch of GBuddy 10,000mAh wireless power bank in India. This power bank is priced at USD 54 and is available to buy on Amazon India.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Capacity Power Bank Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Capacity Power Bank Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Capacity Power Bank Market - Supply Chain
4.5. Global High Capacity Power Bank Market Forecast
4.5.1. High Capacity Power Bank Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Capacity Power Bank Market Size (000’ Units) and Y-o-Y Growth
4.5.3. High Capacity Power Bank Market Absolute $ Opportunity
5. Global High Capacity Power Bank Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. High Capacity Power Bank Market Size and Volume Forecast by Applications
5.3.1. Smartphones
5.3.2. Tablets
5.3.3. Laptops
5.3.4. Portable Media Devices
5.3.5. Wearable Devices
5.3.6. Digital Cameras
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global High Capacity Power Bank Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. High Capacity Power Bank Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global High Capacity Power Bank Demand Share Forecast, 2019-2026
7. North America High Capacity Power Bank Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America High Capacity Power Bank Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America High Capacity Power Bank Market Size and Volume Forecast by Applications
7.4.1. Smartphones
7.4.2. Tablets
7.4.3. Laptops
7.4.4. Portable Media Devices
7.4.5. Wearable Devices
7.4.6. Digital Cameras
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America High Capacity Power Bank Demand Share Forecast, 2019-2026
8. Latin America High Capacity Power Bank Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America High Capacity Power Bank Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America High Capacity Power Bank Market Size and Volume Forecast by Applications
8.4.1. Smartphones
8.4.2. Tablets
8.4.3. Laptops
8.4.4. Portable Media Devices
8.4.5. Wearable Devices
8.4.6. Digital Cameras
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America High Capacity Power Bank Demand Share Forecast, 2019-2026
9. Europe High Capacity Power Bank Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe High Capacity Power Bank Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe High Capacity Power Bank Market Size and Volume Forecast by Applications
9.4.1. Smartphones
9.4.2. Tablets
9.4.3. Laptops
9.4.4. Portable Media Devices
9.4.5. Wearable Devices
9.4.6. Digital Cameras
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe High Capacity Power Bank Demand Share Forecast, 2019-2026
10. Asia Pacific High Capacity Power Bank Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific High Capacity Power Bank Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific High Capacity Power Bank Market Size and Volume Forecast by Applications
10.4.1. Smartphones
10.4.2. Tablets
10.4.3. Laptops
10.4.4. Portable Media Devices
10.4.5. Wearable Devices
10.4.6. Digital Cameras
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific High Capacity Power Bank Demand Share Forecast, 2019-2026
11. Middle East & Africa High Capacity Power Bank Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa High Capacity Power Bank Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa High Capacity Power Bank Market Size and Volume Forecast by Applications
11.4.1. Smartphones
11.4.2. Tablets
11.4.3. Laptops
11.4.4. Portable Media Devices
11.4.5. Wearable Devices
11.4.6. Digital Cameras
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa High Capacity Power Bank Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global High Capacity Power Bank Market: Market Share Analysis
12.2. High Capacity Power Bank Distributors and Customers
12.3. High Capacity Power Bank Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Charles Industries
12.4.2. EC Technology
12.4.3. Epctek
12.4.4. INTECRO
12.4.5. Lenmar Enterprises
12.4.6. Lizone
12.4.7. Philips
12.4.8. Poweradd
12.4.9. VINSIC
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Capacity Power Bank Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Capacity Power Bank Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Capacity Power Bank Market - Supply Chain
4.5. Global High Capacity Power Bank Market Forecast
4.5.1. High Capacity Power Bank Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Capacity Power Bank Market Size (000’ Units) and Y-o-Y Growth
4.5.3. High Capacity Power Bank Market Absolute $ Opportunity
5. Global High Capacity Power Bank Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. High Capacity Power Bank Market Size and Volume Forecast by Applications
5.3.1. Smartphones
5.3.2. Tablets
5.3.3. Laptops
5.3.4. Portable Media Devices
5.3.5. Wearable Devices
5.3.6. Digital Cameras
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global High Capacity Power Bank Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. High Capacity Power Bank Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global High Capacity Power Bank Demand Share Forecast, 2019-2026
7. North America High Capacity Power Bank Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America High Capacity Power Bank Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America High Capacity Power Bank Market Size and Volume Forecast by Applications
7.4.1. Smartphones
7.4.2. Tablets
7.4.3. Laptops
7.4.4. Portable Media Devices
7.4.5. Wearable Devices
7.4.6. Digital Cameras
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America High Capacity Power Bank Demand Share Forecast, 2019-2026
8. Latin America High Capacity Power Bank Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America High Capacity Power Bank Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America High Capacity Power Bank Market Size and Volume Forecast by Applications
8.4.1. Smartphones
8.4.2. Tablets
8.4.3. Laptops
8.4.4. Portable Media Devices
8.4.5. Wearable Devices
8.4.6. Digital Cameras
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America High Capacity Power Bank Demand Share Forecast, 2019-2026
9. Europe High Capacity Power Bank Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe High Capacity Power Bank Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe High Capacity Power Bank Market Size and Volume Forecast by Applications
9.4.1. Smartphones
9.4.2. Tablets
9.4.3. Laptops
9.4.4. Portable Media Devices
9.4.5. Wearable Devices
9.4.6. Digital Cameras
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe High Capacity Power Bank Demand Share Forecast, 2019-2026
10. Asia Pacific High Capacity Power Bank Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific High Capacity Power Bank Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific High Capacity Power Bank Market Size and Volume Forecast by Applications
10.4.1. Smartphones
10.4.2. Tablets
10.4.3. Laptops
10.4.4. Portable Media Devices
10.4.5. Wearable Devices
10.4.6. Digital Cameras
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific High Capacity Power Bank Demand Share Forecast, 2019-2026
11. Middle East & Africa High Capacity Power Bank Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa High Capacity Power Bank Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa High Capacity Power Bank Market Size and Volume Forecast by Applications
11.4.1. Smartphones
11.4.2. Tablets
11.4.3. Laptops
11.4.4. Portable Media Devices
11.4.5. Wearable Devices
11.4.6. Digital Cameras
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa High Capacity Power Bank Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global High Capacity Power Bank Market: Market Share Analysis
12.2. High Capacity Power Bank Distributors and Customers
12.3. High Capacity Power Bank Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Charles Industries
12.4.2. EC Technology
12.4.3. Epctek
12.4.4. INTECRO
12.4.5. Lenmar Enterprises
12.4.6. Lizone
12.4.7. Philips
12.4.8. Poweradd
12.4.9. VINSIC
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