Product Code: ETC13134752 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Power Banks Market was valued at USD 25 Billion in 2024 and is expected to reach USD 38 Billion by 2031, growing at a compound annual growth rate of 6.00% during the forecast period (2025-2031).
The Global Power Banks Market is experiencing significant growth driven by increasing consumer reliance on smartphones, tablets, and other portable electronic devices. The market is characterized by a wide range of products offering various capacities, sizes, and features to cater to diverse consumer needs. Key factors fueling market growth include rising demand for portable power sources, especially in regions with unreliable power infrastructure, as well as the popularity of outdoor activities and travel. Technological advancements such as fast charging capabilities and wireless charging options are also contributing to market expansion. The market is highly competitive, with major players focusing on product innovation, strategic partnerships, and aggressive marketing tactics to gain a competitive edge. As the demand for on-the-go power solutions continues to rise, the Global Power Banks Market is expected to maintain steady growth in the coming years.
The Global Power Banks Market is experiencing significant growth driven by the increasing demand for portable and convenient power sources for smartphones, tablets, and other electronic devices. Key trends in the market include the rising adoption of high-capacity power banks with fast charging capabilities, as well as the integration of advanced features such as wireless charging and multiple USB ports. The market also presents opportunities for innovation in terms of design, materials, and energy efficiency to cater to evolving consumer needs. With the growing popularity of mobile devices and the trend towards remote working and outdoor activities, the Global Power Banks Market is poised for continued expansion, especially in regions with high smartphone penetration rates. Manufacturers can capitalize on these trends by developing compact, high-performance power banks that offer convenience and reliability to consumers.
The Global Power Banks Market faces several challenges, including intense competition from both established and emerging players, leading to price wars and margin pressures. Additionally, the market is highly fragmented, with a myriad of products available, making it difficult for consumers to navigate and choose the right power bank for their needs. Rising concerns over the environmental impact of lithium-ion batteries used in power banks also pose a challenge, driving demand for more sustainable alternatives. Furthermore, the increasing proliferation of wireless charging technology and the trend towards built-in power banks in electronic devices present a threat to standalone power bank sales. As technology evolves rapidly, power bank manufacturers must innovate constantly to stay relevant and meet changing consumer preferences and technological advancements.
The Global Power Banks Market is primarily driven by the increasing prevalence of portable electronic devices such as smartphones, tablets, and laptops, which require frequent recharging on-the-go. The growing demand for reliable and convenient power sources to ensure uninterrupted usage of these devices is fueling the market growth. Additionally, the rising trend of outdoor activities, travel, and adventurism is boosting the need for portable power solutions, further driving the demand for power banks. Technological advancements leading to the development of high-capacity, fast-charging, and compact power bank options are also contributing to market expansion. Furthermore, the increasing awareness about the importance of backup power sources during emergencies or power outages is expected to further propel the growth of the power banks market globally.
Government policies related to the Global Power Banks Market vary by country but generally focus on consumer safety regulations, energy efficiency standards, and environmental considerations. For example, in the United States, power banks must comply with Federal Communications Commission (FCC) regulations for electromagnetic interference, while in the European Union, products must meet CE marking requirements for safety and environmental protection. Some countries also have energy efficiency standards in place to promote the use of more sustainable power bank products. Additionally, there is increasing emphasis on recycling and proper disposal of electronic waste, driving manufacturers to consider end-of-life management of power banks. Overall, government policies aim to ensure the safety, quality, and sustainability of power banks in the global market.
The Global Power Banks Market is poised for robust growth in the coming years, driven by increasing adoption of smartphones and other portable electronic devices, rising demand for on-the-go charging solutions, and the growing trend of digitalization across various industries. The market is expected to witness significant advancements in technology, such as the development of high-capacity power banks, fast-charging capabilities, and wireless charging options. Additionally, the increasing focus on sustainability and eco-friendly products is likely to influence the market, leading to the introduction of more energy-efficient and recyclable power banks. With the rising need for uninterrupted power supply in a fast-paced digital world, the Global Power Banks Market is projected to expand steadily, catering to the evolving consumer preferences and technological advancements.
In the Global Power Banks Market, Asia holds a significant share due to the high smartphone penetration and the growing demand for portable charging solutions in countries like China, India, and Japan. North America has a strong presence of tech-savvy consumers driving the market growth, with a focus on advanced features and fast charging capabilities. Europe is witnessing increasing adoption of power banks, especially in countries like Germany and the UK, where travel and outdoor activities are popular. The Middle East and Africa region is experiencing rapid growth fueled by the expanding smartphone market and the need for reliable power sources in remote areas. Latin America is also a promising market with rising smartphone usage and a growing trend towards portable electronics, driving the demand for power banks in the region.
Global Power Banks Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Power Banks Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Power Banks Market Revenues & Volume, 2021 & 2031F |
3.3 Global Power Banks Market - Industry Life Cycle |
3.4 Global Power Banks Market - Porter's Five Forces |
3.5 Global Power Banks Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Power Banks Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 Global Power Banks Market Revenues & Volume Share, By Unit of USB Port, 2021 & 2031F |
3.8 Global Power Banks Market Revenues & Volume Share, By Indicator, 2021 & 2031F |
3.9 Global Power Banks Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.10 Global Power Banks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Power Banks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Power Banks Market Trends |
6 Global Power Banks Market, 2021 - 2031 |
6.1 Global Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Power Banks Market, Revenues & Volume, By Lithium-Ion (Li-Ion) Battery, 2021 - 2031 |
6.1.3 Global Power Banks Market, Revenues & Volume, By Lithium Polymer (Li-Polymer) Battery, 2021 - 2031 |
6.2 Global Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Power Banks Market, Revenues & Volume, By 1 USB Port, 2021 - 2031 |
6.2.3 Global Power Banks Market, Revenues & Volume, By 2 USB Ports, 2021 - 2031 |
6.2.4 Global Power Banks Market, Revenues & Volume, By More than 2 USB Ports, 2021 - 2031 |
6.3 Global Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Power Banks Market, Revenues & Volume, By LED Lighting, 2021 - 2031 |
6.3.3 Global Power Banks Market, Revenues & Volume, By Digital Display, 2021 - 2031 |
6.4 Global Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Power Banks Market, Revenues & Volume, By Low, 2021 - 2031 |
6.4.3 Global Power Banks Market, Revenues & Volume, By Medium, 2021 - 2031 |
6.4.4 Global Power Banks Market, Revenues & Volume, By Premium, 2021 - 2031 |
6.5 Global Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Power Banks Market, Revenues & Volume, By Smart Phone, 2021 - 2031 |
6.5.3 Global Power Banks Market, Revenues & Volume, By Tablet, 2021 - 2031 |
6.5.4 Global Power Banks Market, Revenues & Volume, By Laptop, 2021 - 2031 |
6.5.5 Global Power Banks Market, Revenues & Volume, By Portable Media Device, 2021 - 2031 |
6.5.6 Global Power Banks Market, Revenues & Volume, By Wearable Device, 2021 - 2031 |
6.5.7 Global Power Banks Market, Revenues & Volume, By Digital Camera, 2021 - 2031 |
6.5.8 Global Power Banks Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Power Banks Market, Overview & Analysis |
7.1 North America Power Banks Market Revenues & Volume, 2021 - 2031 |
7.2 North America Power Banks Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Power Banks Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Power Banks Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Power Banks Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
7.4 North America Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
7.5 North America Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
7.6 North America Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
7.7 North America Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Power Banks Market, Overview & Analysis |
8.1 Latin America (LATAM) Power Banks Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Power Banks Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Power Banks Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Power Banks Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Power Banks Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Power Banks Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
8.4 Latin America (LATAM) Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
8.5 Latin America (LATAM) Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
8.6 Latin America (LATAM) Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
8.7 Latin America (LATAM) Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Power Banks Market, Overview & Analysis |
9.1 Asia Power Banks Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Power Banks Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Power Banks Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Power Banks Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Power Banks Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Power Banks Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
9.4 Asia Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
9.5 Asia Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
9.6 Asia Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
9.7 Asia Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Power Banks Market, Overview & Analysis |
10.1 Africa Power Banks Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Power Banks Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Power Banks Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Power Banks Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Power Banks Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Power Banks Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
10.4 Africa Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
10.5 Africa Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
10.6 Africa Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
10.7 Africa Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Power Banks Market, Overview & Analysis |
11.1 Europe Power Banks Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Power Banks Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Power Banks Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Power Banks Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Power Banks Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Power Banks Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
11.4 Europe Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
11.5 Europe Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
11.6 Europe Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
11.7 Europe Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Power Banks Market, Overview & Analysis |
12.1 Middle East Power Banks Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Power Banks Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Power Banks Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Power Banks Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Power Banks Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Power Banks Market, Revenues & Volume, By Battery Type, 2021 - 2031 |
12.4 Middle East Power Banks Market, Revenues & Volume, By Unit of USB Port, 2021 - 2031 |
12.5 Middle East Power Banks Market, Revenues & Volume, By Indicator, 2021 - 2031 |
12.6 Middle East Power Banks Market, Revenues & Volume, By Price Range, 2021 - 2031 |
12.7 Middle East Power Banks Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Power Banks Market Key Performance Indicators |
14 Global Power Banks Market - Export/Import By Countries Assessment |
15 Global Power Banks Market - Opportunity Assessment |
15.1 Global Power Banks Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Power Banks Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
15.3 Global Power Banks Market Opportunity Assessment, By Unit of USB Port, 2021 & 2031F |
15.4 Global Power Banks Market Opportunity Assessment, By Indicator, 2021 & 2031F |
15.5 Global Power Banks Market Opportunity Assessment, By Price Range, 2021 & 2031F |
15.6 Global Power Banks Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Power Banks Market - Competitive Landscape |
16.1 Global Power Banks Market Revenue Share, By Companies, 2024 |
16.2 Global Power Banks Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |