The global power bank rental market is expected to reach $9,378.5 million by 2030. The power bank rental sector includes companies that rent or lease power banks to customers on an hourly, daily, or rent-to-own basis. The number of power bank rental (PBR) companies has grown quickly over the last five years, owing in part to rising customer interest in power bank on rent services. Since the early 2017s, power bank rentals have been one of the fastest expanding sub-sectors of the sharing economy market.
Increasing disposable money, consumers' increasing reliance on their smartphones, and an unwillingness to carry their power bank are all significant elements driving the expansion of the power bank rental business. Since 2014, around 150 firms have been launched around the world to rent out power banks. Furthermore, rising adoption of new smartphone technologies, such as 5G, and increased smartphone usage intensity are expected to drive up demand for power bank rental services.

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The power bank market is very competitive, with both large and small businesses operating in it. This part investigates the growth methods used by market players to extend their worldwide presence and gain market share. Product launches and development, as well as partnerships, are among the primary strategies used by industry players to drive growth in the power bank market. The leading participants in the power renting market are Xiaodian, Energy Monster, Laidian, RedShare, ChargedUp, Powerqube, PowerNow, Spykke, and A3Charge, among others. Leading corporations are fiercely competing to expand and protect their market share.
POWER BANK RENTAL INVESTORS
Power bank rental startups' investment and development are supported in a variety of ways. Passive capital investors, such as institutional or angel investors (particularly sharing economy investors), are less reliant on debt markets and largely seek investment in the form of equity from their clients. In the case of power bank renting, numerous investors have established dedicated funds to provide'seed capital' for future investment in large-scale schemes.
Power bank rental startups' investment and development are encouraged in a variety of ways. Passive capital investors, such as institutional or angel investors (particularly those in the sharing economy), rely less on debt markets and want to receive stock from their clients. In the case of power bank rental, many investors have set up specific funds to provide "seed capital" for future investment in large-scale systems.
From 2016 to 2017, the 'first wave' of investment management companies in China included Sequoia Capital, Banyan Capital, IDG, Sunwoda, Light Speed China Partners, SIG, and Redpoint Ventures. Since then, the China power bank rental industry has attracted a large number of new entrants, especially from Asia but also North America.

MARKET SEGMENTATION
By Pricing Plan
· Pay as you go
· Quarterly/Annual Membership

By Partners
· Commercial Spaces
· Retail and Shopping Centers
· Bars and Clubs
· Others

By Region
· North America
· Europe
· Asia Pacific
· South America
· Middle East & Africa

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