Smartphones to Drive Global Power Bank Market: Ken Research

Ken Research has announced latest publication on, "Power Bank Market by Product Type (Portable, Battery Case, Solar), Batter Type (Lithium-Ion, Lithium-Polymer), Power Rating (Below 3500 mAh,3501-20000 mAh) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022" which detailed scope of the power banks and related products. The report analyse the present and future outlook of the global power bank market along with market trends, consumer preferences and market potential. It discusses industry drivers, challenges and opportunities in the power bank market. Power bank market has been discussed by product type, by battery type, and by geography.

In the era of smartphones and tablets where there is high usage of these electronic and communication devices battery has become a major challenge. To overcome this challenge portable power banks were introduced which has rapidly tapped the market. The power banks market is segmented as battery charger, solar power banks and charging device for other handy electronics such as tablets and MP3 players. This segment is further expected to flourish driven by the benefits and convenience to carry. Demand for power banks has been driven by the rising dependency on online applications over mobile phones and turning interest towards Bluetooth devices.  

In terms of further segmentation market is classified into Lithium-Ion battery and by Lithium-Polymer. Additionally, by power rating report discuss Below 3,500 mAh, 3,501-20,000 mAh and Above 20,000 mAh.