Market Opportunities

Growing focus on introducing power banks with higher capacity can present lucrative business opportunities
Power bank manufacturers are focusing on introducing higher capacity (above 7,500 mAh) power banks in order to cater to growing demand for such products, across the globe. For instance, in December 2016, Xiaomi Inc. launched ‘Mi Mobile Power Bank 2’, which is a 20,000mAh portable charger to expand its higher-capacity power bank product portfolio.

Increasing emphasis of manufacturers on manufacturing power bank products across the globe to pose major growth opportunities. Some smartphone manufacturers such as Xiaomi Inc. and OnePlus are focusing on entering into the power bank market in order to cater in growing demand for such accessories.


Request for the Sample PDF copy @ https://www.coherentmarketinsights.com/insight/request-sample/3929


Key Drivers

The disposable income of consumers in developed, as well as emerging economies, has been on a rise. As a result of this, consumers are shifting towards advanced mobile accessories such as headphones and power banks. Furthermore, global population is increasing rapidly, especially in emerging regions such as MEA and Asia Pacific. According to the United Nations (UN), global population is expected to increase from 7.2 Bn in 2013 to 9.6 billion by 2050.

Key market players in the market are focused on establishing robust distribution channels such as multi-brand distributors and retailers of mobile accessories, in order to better cater to customers. Such distribution channels help market players to gain a competitive advantage in the market. According to Coherent Market Insights’ analysis, in Asia, e-commerce sales have demonstrated a growth of 36% reaching US$ 615 Bn in 2014 as compared to that in 2013.


Key players:

BYD Company Limited, mophie, Inc., Energizer Holdings, Inc., Cheero USA, Inc., Simplo Technology Co. Ltd., Braven LC, Simplo Technology Co. Ltd., Anker Technology Co. Limited, Sony Corporation, Xiaomi, and Panasonic Corporation.


Buy this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3929



Market Segmentation:

By Battery Type:
Li-ion (Lithium ion) Battery, Li-polymer (Lithium-Polymer) Battery, Nickel Metal Hydride Battery and Ni-Cd (Nickel Cadmium) Battery

By Capacity Segment:
1,000 mAh to 2,500 mAh, 2,500 to 5,000 mAh, 5,000 to 7,500 mAh, 7,500 to 10,000 mAh and Above 10,000 mAh

By Product Type:
Mobile Phones, Tablets and Others (portable media players and other electronic devices)

By Price Range: 
Low, Mid and High



Related Topics:

SMARTPHONE AFTERMARKET SALES SIZE SHARE FORECAST 2027 ANALYSIS
The increase in usage of smartphones has created a booming smartphone repair industry.The growth in smartphone aftermarket is also affected by rising internet penetration and having access to information about the latest technological advancements.

Read more @ https://www.coherentmarketinsights.com/ongoing-insight/smartphone-aftermarket-3433