Global Power Bank Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Capacity Range;

500-5999MAh, 6000-9999MAh, 10, 000MAh -13000MAh and 13000MAh.

By Charging Mode;

Wired and Wireless.

By Application;

Smartphone & Tablets, Cameras, Laptops and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn157617104 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Power Bank Market (USD Million), 2021 - 2031

In the year 2024, the Global Power Bank Market was valued at USD 15,394.69 million. The size of this market is expected to increase to USD 49,624.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.2%.

The global power bank market has experienced robust growth driven by increasing smartphone penetration, rising demand for portable electronic devices, and the necessity for convenient power solutions on the go. Power banks, or portable chargers, have become indispensable accessories for consumers who rely heavily on smartphones, tablets, and other mobile devices in their daily lives. These devices provide a reliable source of backup power, enabling users to charge their electronics anytime and anywhere, thereby enhancing convenience and productivity.

Key factors contributing to the expansion of the global power bank market include advancements in battery technology, which have led to more efficient and higher capacity power banks capable of charging multiple devices multiple times over. Moreover, the proliferation of digital devices and the trend towards mobile working have further fueled the demand for portable power solutions. Additionally, the popularity of outdoor activities such as hiking, camping, and travel has boosted the adoption of power banks among consumers who need reliable power sources in remote locations.

Asia Pacific holds a significant share in the global power bank market, driven by high smartphone penetration rates in countries like China and India. North America and Europe also contribute substantially to market growth, fueled by the widespread adoption of mobile devices and the increasing preference for portable charging solutions. As technology continues to evolve and consumer lifestyles become increasingly mobile-centric, the global power bank market is poised for continued expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Capacity Range
    2. Market Snapshot, By Charging Mode
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Power Bank Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing smartphone penetration
        2. Proliferation of portable electronic devices
        3. Growing demand for on-the-go power solutions
        4. Advancements in battery technology
        5. Rise in digitalization and mobile working trends
      2. Restraints
        1. Issues related to battery safety and reliability
        2. Price sensitivity among consumers
        3. Environmental concerns regarding battery disposal
        4. Challenges in meeting regulatory standards
      3. Opportunities
        1. Expansion in emerging markets
        2. Technological advancements in fast charging capabilities
        3. Increasing adoption of wireless power banks
        4. Rising popularity of high-capacity power banks
        5. Integration of power bank features into wearable devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Power Bank Market, By Capacity Range, 2021 - 2031 (USD Million)
      1. 500-5999mAh
      2. 6000-9999mAh
      3. 10,000mAh -13000mAh
      4. 13000mAh
    2. Global Power Bank Market, By Charging Mode, 2021 - 2031 (USD Million)
      1. Wired
      2. Wireless
    3. Global Power Bank Market, By Application, 2021 - 2031 (USD Million)
      1. Smartphone & Tablets
      2. Cameras
      3. Laptops
      4. Others
    4. Global Power Bank Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Anker
      2. Xiaomi
      3. Samsung Electronics
      4. Mophie
      5. Panasonic
      6. Sony Corporation
  7. Analyst Views
  8. Future Outlook of the Market