As the global economy recovers in 2021 and the supply of the industrial chain improves, the Power Bank market will undergo major changes. The Power Bank Market is expected to register a CAGR of 8.3% over the forecast period 2022 - 2027. The market for power banks has historically been subjected to moderate growth due to the rise in demand for consumer electronics with improved features and usage. This is projected to fuel the market's growth during the forecast period.
The global Power Bank industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Power Bank market during the next few years. The global Power Bank market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.
The Power Bank market can be split based on product types, major applications, and important regions as follows:
Lenovo Group Limited
BBK Electronics (Realme)
Koninklijke Philips NV
Smartphone and Tablets
Other Applications (Smart band, Wireless Headsets)