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introduce
Portable power bank statistics: According to reports, the market size of portable power banks is expected to reach approximately US$13.87 billion by the end of 2023 and US$19.21 billion by the end of 2030. Adoption of mobile phones and smartphones. This portable power bank provides high-speed charging with a capacity range of approximately 10,000mAh to 20,000mAh. Researchers predict that in the near future, every wireless charging power bank company will achieve huge development.
These portable power statistics include insights from various aspects to give you an idea of how fast the global power bank industry is growing.
(Source: cloudfront.net)
Editor’s Choice
- According to a Future Market Insights report, the global mobile power market size is expected to reach $16.89 billion.
- On the other hand, by the end of 2033, the industry will 55.34 billion US dollars, with a compound annual growth rate of 12.6% from 2023 to 2033.
- According to Global News Agency, the global mobile power market share Expected 2023 to US$12.54 billion, An increase from last year.
- The global market size of this industry is expected to be The compound annual growth rate from 2023 to 2031 is 6.3%.
- According to reports, the largest market share in 2023 will be Asia Pacific (65%).
- According to the Statista 2023 report, Mike Oak The mobile power supply has the highest battery capacity 50,000mAh worldwide.
- The highest market value will be achieved by the United States, approx. From 2023 to 2033, the compound annual growth rate will be 11.3%, reaching US$8.57 billion.
- According to reports, leading mobile power technology will appear in 2023 Lithium Ion Battery.
- The global lithium-ion battery market size is expected to grow by approximately It will reach US$54.4 billion by 2023.
What is a portable power bank?
Power banks, known as rechargeable batteries or chargers, are placed inside a case to extend the life of your battery when it’s time to charge smartphones, smartwatches, tablets and computers. They come in different variants such as slim size, pocket-friendly size, larger size, lower and higher capacity. According to Vantage market research; the portable power bank market size is expected to grow to US$26.35 billion by 2030, with a compound annual growth rate of 10.20% from 2023 to 2030.
Advantages of mobile power supply
- Portable power banks can extend the battery life of your devices as people today rely heavily on their smart devices in every area of life.
- Power banks can be used in smartphones, smart watches, laptops, desktops and other electronic devices.
- This device keeps you connected on the go during outdoor adventures and long-haul flights.
- Its notable advantages are that it is compact, lightweight and easy to carry in pockets, handbags and backpacks.
- This device can achieve multi-device charging, high-speed charging, good board compatibility, long life, and is economical.
Facts about portable power banks
- According to market surveys, about 65% of college students choose to buy portable power banks.
- Today, several power bank manufacturers are developing portable power banks that equip devices with Type-C USB connections.
- The growth factor for the portable power bank industry is the rising demand from smartphones, automobiles, and electronic equipment manufacturing companies.
- The category capacity range of mobile power supplies is different, such as 1,000MAH to 2,500MAH; 2,510 mAh to 5,000 mAh; 5,010 mAh to 7500 mAh; 7,510 MAH to 10,000 MAH, and above 10,000 MAH.
- According to Vantage market research, the popular type of portable power bank is lithium-ion battery, which can be recharged more than 500 times.
- The best example is the RAVPower Portable Charger External Battery Pack which is Qualcomm Quick Charge 3.0 and offers a capacity of around 20800mAh.
General statistics
(Source: mordorintelligence.com)
- According to the analysis above, the global market share of portable power banks in 2023 is expected to be US$12.54 billion.
- The market share is expected to increase by US$18.77 billion by the end of 2028, with a CAGR of 8.40% from 2023 to 2028.
- The fastest growing and largest regions in 2023 are Asia Pacific and North America respectively.
- The leading players in the industry are Lenovo, Panasonic, Philips, Xiaomi and RealMe.
- The largest product types in the industry are segmented from 10001mAh to 20000mAh, with a share of over 80%.
- The top five mobile power manufacturers in the world are Xiaomi, Roma, Anker, Sun Valley, and Samsung, with a share of more than 10% in 2023.
Portable Power Bank Statistics by Country
- North America will dominate the overall global portable power bank market share in 2023.
- However, China will gain the highest market share in 2023, with the market value expected to reach over US$14.03 billion from 2023 to 2033, with a CAGR of 14.1%.
- The second highest market value will be achieved by the United States, with a market value of approximately US$8.57 billion and a CAGR of 11.3% from 2023 to 2033.
- Sales in the European region are also booming. In the UK, the portable power bank industry will be worth $1.44 billion by 2033, with a forecast CAGR of 10.9%.
Mobile power statistics by region
(Source: coherentmarketinsights.com)
- According to reports, the largest market share of portable power banks in 2023 will be occupied by the Asia-Pacific region, reaching 65%.
- In addition, the other regional shares of the industry are North America (15%) and Europe (15%).
- Finally, the industry shares in the Middle East, Africa and Latin America increased modestly, at around 7% and 4% respectively.
Portable power bank statistics by technology
- According to a report by Grand View Research, the global lithium-ion battery market size is expected to grow to approximately US$54.4 billion by 2023.
- The compound annual growth rate from 2024 to 2030 is expected to be 20.3%.
(Source: statista.com)
- The above figure describes the market distribution of global lithium-ion battery manufacturers from January to August 2023.
- The battery manufacturer with the highest share is Contemporary Amperex Technology (CATL) (36.9%).
- In addition, the distribution of other lithium-ion battery manufacturers is BYD (15.9%), LG Energy Solution (14.2%), Panasonic (7.1%), SK On (5.1%), AVIC Lithium Battery (4.7%), Samsung SDI (4.1%) . %), Guoxuan Hi-Tech (2.1%), Yiwei Energy (2.1%) and Sunwoda (1.4%).
- On the other hand, according to the Industry ARC report, the market size is expected to be approximately US$6.5 billion by the end of 2027, with a compound annual growth rate of 7.1% from 2022 to 2027.
- According to a report by Research Nester, the market size of nickel-cadmium batteries is expected to reach US$2 billion by the end of 2035, with a compound annual growth rate of 3% from 2023 to 2035.
Portable power bank with battery capacity
(Source: statista.com)
- From the analysis of the above figure, as of September 2023, the maximum battery capacity of MAXAOK mobile power supply is 50,000mAh.
- In addition, the battery capacities of other portable power banks are Anker PowerCore+ 26800 (26,800mAh), Anker PowerCore III Elite (25,600mAh), Anker PowerCore (20,100mAh), Omni 20 USB-C (20,000mAh), Muto (20,000mAh), Mophie Powerstation Plus comes with built-in cable (12,000mAh) and INU (10,000mAh).
Types of portable power banks
- Goal Zero Flip 24 Power Bank (The Best Portable Power Bank for Hiking).
- BioLite Charge 80 PD Power Bank (Best for Backpacking)
- Goal Zero Yeti 200X Portable Charging Station (best for car camping) and Goal Zero Yeti 500X Portable Charging Station (best for large group car camping).
- BioLite BaseCharge 1500 (best for long trips)
- EcoFlow DELTA max portable power station (best for emergencies)
Best Portable Power Banks of 2023
(Source: amazon.com)
- UGreen 145W Power Bank (The best power bank for charging tablets and laptops)
- The charger has a backup battery capacity of 25,000mAh and can charge the laptop at 100W.
- These chargers include two USB-C ports and one USB-A port.
- The iPhone 14 Plus can be charged at 26W, the Z Fold 5 can be charged at 22W, and the laptop can be charged at 96W.
- The product is available on Amazon for about $90 to $150.
(Source: amazon.com)
- Iniu Portable Charger (The best budget power bank for phones and tablets)
- The battery capacity is about 10,000mAh, which is very compact and can be easily carried in your pocket.
- These power banks have 2 regular USB ports and a USB-C port
- Also available on Amazon for about $18
(Source: cnn.com)
- Anker 521 Power Bank (Best Portable Power Bank for Cell Phones)
- The backup battery capacity is 5000mAh.
- They include 2 USB-C ports, each capable of generating 45W of power.
in conclusion
As of today, after completing the article on Portable Power Banks, it is believed that the overall market is growing significantly due to the massive adoption of smartphones across the world. The portable power bank can charge your smartphone 3 times more than other power banks. The advanced technology used in these devices improves ultra-fast charging capabilities and supports 2 to 3 USB ports to charge multiple devices. This article contains many well-described statistics that will hopefully help you better understand the topic.