Power Banks Market: COVID-19 Impact and Global Analysis Forecast to 2028

A power bank, generally called as a battery charger, is a versatile charger, used to charge an extensive variety of computerized items. It is utilized as an outer battery, module charger or move down charger for charging a rechargeable battery or auxiliary cell. Power banks can be utilized to charge items including portable PCs, cell phones, tablets and computerized cameras, among others. The design of a power bank relies upon the sort of gadget being charged. Power banks are not one-time types of gear and can be revived and re-utilized. Their ability is measured as far as mAh (milliampere-hour); higher mAh suggests higher limit of the power bank. Mostly, lithium batteries are utilized as a part of energy bank outline for their minimal nature, reasonableness and wide market reach. Furthermore, lithium being a profoundly receptive component can store energy more proficiently and can deal with charging and energize cycles adequately. The most critical piece of power banks are the batteries and the PCB board. Currently, power bank batteries are sorted as barrel shaped battery, square aluminum case and polymer battery. Adaptability in regards to applications and ease of carrying are huge highlights of power banks. These gadgets are accessible crosswise over different sizes, shapes, hues and capacities. The digital gadget to be charged decides the required limit of the power bank. Products incorporate inherent rechargeable line type power banks, power banks having LEDs, solar charging based power banks, and so on. Application ranges fundamentally from cell phone chargers, electric vehicle chargers and so on.

Some of the major factors driving the growth of the global power banks market incorporate the rising usage and demand for cell phones, decrease in the costs of power banks, and mounting power utilization because of substantial scale of digitization. Several factors which are limiting the growth of the global power banks market incorporate enhancements in terms of lithium ion batteries, low quality of power banks, and usage of remote charging in cell phones. Introduction of hydrogen cell based and solar based power banks is relied upon to pose lucrative opportunities in the global power banks market.

The global power banks market can be divided based on type, power rating and geography. Based on type, the global power banks market can be segmented into solar power banks, phone charging cases and portable power banks. On the basis of power rating, the global market can be segmented into upto 3000 mAh, 3001 to 8000 mAh, 8001 to 20000 mAh & above 20000 mAh. On the basis of geography, the global market can be segmented into North America, Europe, Asia-Pacific and Rest of the World.

Some of the key players in the global power banks market include Anker Corporation., Advantage Computers (I) Pvt. Ltd., Mophie Inc., Microsoft Corporation, Panasonic Corporation, OnePlus, uNu Electronics INC., Sony Corporation, Intex and Xiaomi Technology Company Limited among others.

The global power banks market can be segmented

By Type:
• Solar power banks
• Phone charging cases
• Portable power banks

By Power Rating:
• Upto 3000 mAh
• 3001 to 8000 mAh
• 8001 to 20000 mAh
• Above 20000 mAh

By Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World