Portable Battery Pack Market Synopsis
Portable Battery Pack Market Size Was Valued at USD 17.6 Billion in 2023, and is Projected to Reach USD 73.3 Billion by 2032, Growing at a CAGR of 17.2% From 2024-2032.
A portable battery pack commonly called a power bank, is an easy to carry device whose function is to store electric energy and supply it to electrical appliances such as mobile phones, tablets, laptops and others when their battery power is low, and the owner is not near an electrical outlet. These packs usually consist of lithium-ion battery technology and are available in power limits expressed in milliampere-hours (mAh) or watt-hours (Wh). They have charging input interfaces and power output interfaces to charge the gadgets through the USB interface or by other interfaces. Cube chargers are relatively popular due to the mobility that comes with the ability to provide more usage time for portable devices without the need for a wall socket; hence, the chargers are handy during journeying, in an emergency or during outdoor activities.
- The portable battery pack market has come a long way being stimulated by the use of smart phones, tablets and other portable electronic devices in the global market. These devices depend on extendable power sources to enable them to work beyond the battery capacity that is incorporated in the device. The market is defined by a huge number of products that differ in capacity, size, as well as the functions they offer and the consumers’ needs. Other factors that will drive market growth comprise increasing consumer appreciation of portable charging requirements, higher energy density of batteries as well as the improvement of charging speeds, and the increasing interest in personal outdoor escapades.
- The pressure within the market systems also remain high for both, incumbent and entrant firms resulting in a continuous evolution of product design and use. The manufacturers are working on the direction in which they want the weighing machine to be small, lightweight and portable with higher capacity batteries. Also, the integration of extra features as fast charging, availability of multiple charging ports, and compatibility with many devices is even more prevalent. As the consumption of electronic devices increases and dependence on gadgets for carrying out the day-to-day activities, the Portable Battery Pack market will also remain stylish in the fiscal year ahead due to the growing scope of its utility in daily and other specific privileges.
Portable Battery Pack Market Trend Analysis
Integration of advanced charging technologies
- Another major tendency of portable battery pack market is its incorporation of the sophisticated charge methods. Technology companies are now putting features such as fast charging, PD, and QC and other attributes in their products. These technologies enable user to charge their devices at much faster rates than are possible with traditional charging methods meeting the ever increasing power demands from mobile apparatus. This trend not only improves users’ convenience by shortening the period during which products are out of service, but also subsequent charging of high-capacity devices like laptops and game consoles, thus increasing the versatility of portable battery packs in terms of compatible devices.
Integration of renewable energy sources
- One new trend that is evident in portable battery pack market is the use of renewable energy sources in the product. If we speak about the tendencies which have connections with the subject, there is a great deal of interest to portable power sources with the integrated solar panels or the kinetic energy harvesting. These innovations could make the portable battery packs self-rechargeable from renewable sources of energy thus making them more marketable in the green markets.
- This application is not only quite environmentally friendly but also increases the prospect of using portable battery packs when one is off the electricity grid; for instance in hiking, camping or in disasters where the power grid may be affected. The integration of renewable energy offers the manufacturer a unique chance to penetrate the market and target the young generation that is more aware of these issues and the impact of technology in improving and making the world a better place.
Portable Battery Pack Market Segment Analysis:
Portable Battery Pack Market Segmented on the basis of Product Type, Capacity Range and Technology.
By Product Type, Smartphones segment is expected to dominate the market during the forecast period
- Thus, within the scope of the report, the portable battery pack market in the forecast period is expected to be led by the smartphones segment in terms of product type. This dominance may be attributed to the increase in the use of smartphones globally and because the smartphones forms a center part of our communication/entertainment /work tools. Following the advancement in the functions and features of smartphones in terms of large screens, powerful processors, and multifunctional features, there is a surge in the energy demands thus the need for easy to carry power banks. The portable battery pack provides convenience to those Smartphone users who seek to charge their gadgets on the go, thereby making their usage not to be interrupted by the unavailability of the fixed conventional sources of power.
- Since the consumer continues to rely on their smartphones as the device for accessing maps, social networks, and streaming materials, there will still be a steady demand for portable battery packs that can quickly charge all the necessary devices. This trend emphasizes the imperative of targeting the needs of smartphones users in the portable battery pack market and contribute to the competition and development of manufacturer’s products as more batteries with high capacity, charging speed and user satisfaction.
By Capacity Range, 5,010 MAH to 7,500 MAH segment expected to held the largest share
- Out of the two segments, the portable battery pack market will be mainly driven by the 5,010 to 7,500 mAh range for the following reasons. Products falling under this rating can be described as easy to carry while at the same time having fairly long battery life, and due to this, many consumers would consider using them. These battery packs have enough power to recharge multiple smartphones fully and also provide enough capacity to recharge smaller tablets and other portable electronics devices making it a suitable battery pack for daily use, traveling or coming out events.
- Also, unlike in the past when battery technology was a limitation to smaller batteries, current technology has seen manufacturers develop smaller batteries with high energy density, which makes these mid range capacity batteries efficient and pleasing to the eye. With consumers demanding long lasting power solutions without affecting the portability aspect, the 5001 mAh to 7500 mAh segment is expected to sustain its demand as well as the further improvements in the design, performance and added features made to meet consumer’s requirements and new technological tendencies.
Portable Battery Pack Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Over the forthcoming years, Asia Pacific is predicted to lead the portable battery pack market by holding the largest share for several reasons. The successful economic growth of the region along with soaring trends of urbanization and growing middle class have accelerated the demand for consumer electronics, predominantly smartphones and portable appliances that are tightly connected with portable power solutions. That is why leaders in this business are such countries as China, Japan, South Korea, and India that invest much money and efforts in research and production of new technologies for portable battery packs. Besides this, the increase in disposable income and new consumer lifestyles are responsible for the increased interest in pocket charger devices among abreast technological consumers in the specified region.
- Moreover, favorable government policies intended for the digitalization of industrial systems and the increased utilization of renewable energy strengthen the market background even more. These aspects, together with the increase in the numbers of mobile connections and spread of smart terminals, make Asia Pacific region as a significant growth point for the portable battery pack market. Hence the manufacturers and the suppliers of electronics goods and products are now poised to invest more and extend their reach and coverage in order to avail the many unexplored opportunities in the Asia pacific market which has a huge and fast growing customer base for electronics products.
Active Key Players in the Portable Battery Pack Market
- Anker Innovations (China)
- Aukey International Limited (China)
- Belkin International, Inc. (United States)
- Duracell Inc. (United States)
- Energizer Holdings, Inc. (United States)
- Goal Zero (United States)
- LG Chem Ltd. (South Korea)
- Mophie, Inc. (United States)
- Orico Technologies Co., Ltd. (China)
- Panasonic Corporation (Japan)
- RAVPower (China)
- Samsung SDI Co., Ltd. (South Korea)
- Sony Corporation (Japan)
- Xiaomi Corporation (China)
- Zendure (United States) and Other major Players
Global Portable Battery Pack Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 17.6 Bn. |
Forecast Period 2024-32 CAGR: |
17.2 % |
Market Size in 2032: |
USD 73.3 Bn. |
Segments Covered: |
By Product Type |
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By Capacity Range |
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By Technology |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Portable Battery Pack Market by Product Type
4.1 Portable Battery Pack Market Snapshot and Growth Engine
4.2 Portable Battery Pack Market Overview
4.3 Smartphones
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Smartphones: Geographic Segmentation Analysis
4.4 Tablets
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Tablets: Geographic Segmentation Analysis
4.5 Portable Media Players
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Portable Media Players: Geographic Segmentation Analysis
4.6 Others
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Others: Geographic Segmentation Analysis
Chapter 5: Portable Battery Pack Market by Capacity Range
5.1 Portable Battery Pack Market Snapshot and Growth Engine
5.2 Portable Battery Pack Market Overview
5.3 1
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 1: Geographic Segmentation Analysis
5.4 000 MAH to 2
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 000 MAH to 2: Geographic Segmentation Analysis
5.5 500 MAH
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 500 MAH: Geographic Segmentation Analysis
5.6 2
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 2: Geographic Segmentation Analysis
5.7 510 MAH to 5
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 510 MAH to 5: Geographic Segmentation Analysis
5.8 000 MAH
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 000 MAH: Geographic Segmentation Analysis
5.9 5
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 5: Geographic Segmentation Analysis
5.10 010 MAH to 7
5.10.1 Introduction and Market Overview
5.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.10.3 Key Market Trends, Growth Factors and Opportunities
5.10.4 010 MAH to 7: Geographic Segmentation Analysis
5.11 500 MAH
5.11.1 Introduction and Market Overview
5.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.11.3 Key Market Trends, Growth Factors and Opportunities
5.11.4 500 MAH: Geographic Segmentation Analysis
5.12 7
5.12.1 Introduction and Market Overview
5.12.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.12.3 Key Market Trends, Growth Factors and Opportunities
5.12.4 7: Geographic Segmentation Analysis
5.13 510 MAH to 10
5.13.1 Introduction and Market Overview
5.13.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.13.3 Key Market Trends, Growth Factors and Opportunities
5.13.4 510 MAH to 10: Geographic Segmentation Analysis
5.14 000 MAH
5.14.1 Introduction and Market Overview
5.14.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.14.3 Key Market Trends, Growth Factors and Opportunities
5.14.4 000 MAH: Geographic Segmentation Analysis
5.15 Above 10
5.15.1 Introduction and Market Overview
5.15.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.15.3 Key Market Trends, Growth Factors and Opportunities
5.15.4 Above 10: Geographic Segmentation Analysis
5.16 000 MAH
5.16.1 Introduction and Market Overview
5.16.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.16.3 Key Market Trends, Growth Factors and Opportunities
5.16.4 000 MAH: Geographic Segmentation Analysis
Chapter 6: Portable Battery Pack Market by Technology
6.1 Portable Battery Pack Market Snapshot and Growth Engine
6.2 Portable Battery Pack Market Overview
6.3 Lithium-ion Battery
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Lithium-ion Battery: Geographic Segmentation Analysis
6.4 Lithium-polymer Battery
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Lithium-polymer Battery: Geographic Segmentation Analysis
6.5 Nickel Cadmium Battery
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Nickel Cadmium Battery: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Portable Battery Pack Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ANKER INNOVATIONS (CHINA)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 AUKEY INTERNATIONAL LIMITED (CHINA)
7.4 BELKIN INTERNATIONAL
7.5 INC. (UNITED STATES)
7.6 DURACELL INC. (UNITED STATES)
7.7 ENERGIZER HOLDINGS
7.8 INC. (UNITED STATES)
7.9 GOAL ZERO (UNITED STATES)
7.10 LG CHEM LTD. (SOUTH KOREA)
7.11 MOPHIE
7.12 INC. (UNITED STATES)
7.13 ORICO TECHNOLOGIES CO
7.14 LTD. (CHINA)
7.15 PANASONIC CORPORATION (JAPAN)
7.16 RAVPOWER (CHINA)
7.17 SAMSUNG SDI CO
7.18 LTD. (SOUTH KOREA)
7.19 SONY CORPORATION (JAPAN)
7.20 XIAOMI CORPORATION (CHINA)
7.21 ZENDURE (UNITED STATES)
7.22 OTHER MAJOR PLAYERS.
Chapter 8: Global Portable Battery Pack Market By Region
8.1 Overview
8.2. North America Portable Battery Pack Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Product Type
8.2.4.1 Smartphones
8.2.4.2 Tablets
8.2.4.3 Portable Media Players
8.2.4.4 Others
8.2.5 Historic and Forecasted Market Size By Capacity Range
8.2.5.1 1
8.2.5.2 000 MAH to 2
8.2.5.3 500 MAH
8.2.5.4 2
8.2.5.5 510 MAH to 5
8.2.5.6 000 MAH
8.2.5.7 5
8.2.5.8 010 MAH to 7
8.2.5.9 500 MAH
8.2.5.10 7
8.2.5.11 510 MAH to 10
8.2.5.12 000 MAH
8.2.5.13 Above 10
8.2.5.14 000 MAH
8.2.6 Historic and Forecasted Market Size By Technology
8.2.6.1 Lithium-ion Battery
8.2.6.2 Lithium-polymer Battery
8.2.6.3 Nickel Cadmium Battery
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Portable Battery Pack Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Product Type
8.3.4.1 Smartphones
8.3.4.2 Tablets
8.3.4.3 Portable Media Players
8.3.4.4 Others
8.3.5 Historic and Forecasted Market Size By Capacity Range
8.3.5.1 1
8.3.5.2 000 MAH to 2
8.3.5.3 500 MAH
8.3.5.4 2
8.3.5.5 510 MAH to 5
8.3.5.6 000 MAH
8.3.5.7 5
8.3.5.8 010 MAH to 7
8.3.5.9 500 MAH
8.3.5.10 7
8.3.5.11 510 MAH to 10
8.3.5.12 000 MAH
8.3.5.13 Above 10
8.3.5.14 000 MAH
8.3.6 Historic and Forecasted Market Size By Technology
8.3.6.1 Lithium-ion Battery
8.3.6.2 Lithium-polymer Battery
8.3.6.3 Nickel Cadmium Battery
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Portable Battery Pack Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Product Type
8.4.4.1 Smartphones
8.4.4.2 Tablets
8.4.4.3 Portable Media Players
8.4.4.4 Others
8.4.5 Historic and Forecasted Market Size By Capacity Range
8.4.5.1 1
8.4.5.2 000 MAH to 2
8.4.5.3 500 MAH
8.4.5.4 2
8.4.5.5 510 MAH to 5
8.4.5.6 000 MAH
8.4.5.7 5
8.4.5.8 010 MAH to 7
8.4.5.9 500 MAH
8.4.5.10 7
8.4.5.11 510 MAH to 10
8.4.5.12 000 MAH
8.4.5.13 Above 10
8.4.5.14 000 MAH
8.4.6 Historic and Forecasted Market Size By Technology
8.4.6.1 Lithium-ion Battery
8.4.6.2 Lithium-polymer Battery
8.4.6.3 Nickel Cadmium Battery
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Portable Battery Pack Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Product Type
8.5.4.1 Smartphones
8.5.4.2 Tablets
8.5.4.3 Portable Media Players
8.5.4.4 Others
8.5.5 Historic and Forecasted Market Size By Capacity Range
8.5.5.1 1
8.5.5.2 000 MAH to 2
8.5.5.3 500 MAH
8.5.5.4 2
8.5.5.5 510 MAH to 5
8.5.5.6 000 MAH
8.5.5.7 5
8.5.5.8 010 MAH to 7
8.5.5.9 500 MAH
8.5.5.10 7
8.5.5.11 510 MAH to 10
8.5.5.12 000 MAH
8.5.5.13 Above 10
8.5.5.14 000 MAH
8.5.6 Historic and Forecasted Market Size By Technology
8.5.6.1 Lithium-ion Battery
8.5.6.2 Lithium-polymer Battery
8.5.6.3 Nickel Cadmium Battery
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Portable Battery Pack Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Product Type
8.6.4.1 Smartphones
8.6.4.2 Tablets
8.6.4.3 Portable Media Players
8.6.4.4 Others
8.6.5 Historic and Forecasted Market Size By Capacity Range
8.6.5.1 1
8.6.5.2 000 MAH to 2
8.6.5.3 500 MAH
8.6.5.4 2
8.6.5.5 510 MAH to 5
8.6.5.6 000 MAH
8.6.5.7 5
8.6.5.8 010 MAH to 7
8.6.5.9 500 MAH
8.6.5.10 7
8.6.5.11 510 MAH to 10
8.6.5.12 000 MAH
8.6.5.13 Above 10
8.6.5.14 000 MAH
8.6.6 Historic and Forecasted Market Size By Technology
8.6.6.1 Lithium-ion Battery
8.6.6.2 Lithium-polymer Battery
8.6.6.3 Nickel Cadmium Battery
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Portable Battery Pack Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Product Type
8.7.4.1 Smartphones
8.7.4.2 Tablets
8.7.4.3 Portable Media Players
8.7.4.4 Others
8.7.5 Historic and Forecasted Market Size By Capacity Range
8.7.5.1 1
8.7.5.2 000 MAH to 2
8.7.5.3 500 MAH
8.7.5.4 2
8.7.5.5 510 MAH to 5
8.7.5.6 000 MAH
8.7.5.7 5
8.7.5.8 010 MAH to 7
8.7.5.9 500 MAH
8.7.5.10 7
8.7.5.11 510 MAH to 10
8.7.5.12 000 MAH
8.7.5.13 Above 10
8.7.5.14 000 MAH
8.7.6 Historic and Forecasted Market Size By Technology
8.7.6.1 Lithium-ion Battery
8.7.6.2 Lithium-polymer Battery
8.7.6.3 Nickel Cadmium Battery
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Portable Battery Pack Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 17.6 Bn. |
Forecast Period 2024-32 CAGR: |
17.2 % |
Market Size in 2032: |
USD 73.3 Bn. |
Segments Covered: |
By Product Type |
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By Capacity Range |
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By Technology |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Portable Battery Pack Market research report is 2024-2032.
Anker Innovations (China), Aukey International Limited (China), Belkin International, Inc. (United States), Duracell Inc. (United States), Energizer Holdings, Inc. (United States) and Other Major Players.
The Portable Battery Pack Market is segmented into Product Type, Capacity Range, Technology and region. By Product Type, the market is categorized into Smartphones, Tablets, Portable Media Players, Others. By Capacity Range, the market is categorized into 1,000 MAH to 2,500 MAH, 2,510 MAH to 5,000 MAH, 5,010 MAH to 7,500 MAH, 7,510 MAH to 10,000 MAH, Above 10,000 MAH. By Technology, the market is categorized into Lithium-ion Battery, Lithium-polymer Battery, Nickel Cadmium Battery. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A portable battery pack commonly called a power bank, is an easy to carry device whose function is to store electric energy and supply it to electrical appliances such as mobile phones, tablets, laptops and others when their battery power is low, and the owner is not near an electrical outlet. These packs usually consist of lithium-ion battery technology and are available in power limits expressed in milliampere-hours (mAh) or watt-hours (Wh). They have charging input interfaces and power output interfaces to charge the gadgets through the USB interface or by other interfaces. Cube chargers are relatively popular due to the mobility that comes with the ability to provide more usage time for portable devices without the need for a wall socket; hence, the chargers are handy during journeying, in an emergency or during outdoor activities.
Portable Battery Pack Market Size Was Valued at USD 17.6 Billion in 2023, and is Projected to Reach USD 73.3 Billion by 2032, Growing at a CAGR of 17.2% From 2024-2032.