Asia Pacific Power Bank Market – Industry Analysis and Forecast
Asia Pacific Power Bank Market to grow at a CAGR of 20 % during a forecast period.
Asia Pacific power bank market is segmented by capacity, by application, by distribution channel and by country. Based on capacity range, Asia Pacific power bank market is segmented into 500 mAh to 3,499 mAh, 3,500 mAh to 6,499 mAh, 6,500 mAh to 9,499 mAh, 9,500 mAh to 12,499 mAh, 12,500 mAh to 15,499 mAh, and Above 15,500 mAh. In terms of application Asia Pacific power bank market is segmented into smartphones, tablets, portable media devices, and others. Based on distribution channel power bank is segmented into online, offline, exclusive stores and multi-brand retail stores. Geographically, Asia Pacific power bank market is segmented into India, China, Japan, Australia, ASEAN and Rest of Asia Pacific.
Increasing power consumption of electronic gadgets and dropped cost of power bank are the key drivers of the Asia Pacific power bank market. Rapid demand for the compact electronic devices such as smartphones, tablets and laptops has boosted the growth of the Asia Pacific power bank market. Now-a-days smartphones and tablets holder uses power banks, owing to the increase in energy consumption by the gadgets. Also, the use of these devices has significantly increased in recent years, due to the availability of internet-based application and games. Power banks have gained enormous popularity across the emerging nations. In case of outage or an unstable electricity supply, power banks save the device from turning off.
Asia Pacific Power Bank Market
9500–12499 mAh holds the largest share of Power Bank Market. Capacity range 12,500 mAh to 15,499 mAh segments are projected to grow at the fastest CAGR. Increase in disposable income drives the 9500–12499 mAh power bank market.
Smartphone application has increased rapidly, owing to the use of new technologies and innovations. Tablets are expected to witness high growth and the sale of high capacity power banks in the future. Increase in the number of the applications in smartphones has arouse the issue of battery draining among users.
China is a leading in power bank market and increasing demand for power banks in the country has created opportunities for market growth. Rapid innovation, and R&D activities are factors boosting the China market. Increase in the number of smartphone holders and new applications has increased power bank demand in China.
Xiaomi, Lenovo, Microsoft, Panasonic Corporation, Sony Corporation, ADATA Technology Co., Ltd., ASUSTeK Computer Inc., INTEX, Portronics, Shenzhen Century, New Energy Battery among others.
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Scope of the Asia Pacific Power Bank Market
Asia Pacific Power Bank Market by Capacity Range:
- 500 mAh to 3,499 mAh
- 3,500 mAh to 6,499 mAh
- 6,500 mAh to 9,499 mAh
- 9,500 mAh to 12,499 mAh
- 12,500 mAh to 15,499 mAh
- Above 15,500 mAh
Asia Pacific Power Bank Market by Application Type:
- Portable Media Devices
Asia Pacific Power Bank Market by Distribution Channel Type:
- Exclusive Stores
- Multi-brand Retail Stores
Asia Pacific Power Bank Market by Region:
- Rest of Asia Pacific
Key Players Analysed in Asia Pacific Power Bank Market:
- Panasonic Corporation
- Sony Corporation
- ADATA Technology Co., Ltd.,
- ASUSTeK Computer Inc.,
- Shenzhen Century
- New Energy Battery
This Report Is Submitted By : Maximize Market Research Company
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