Power Bank Market Size worth US$ 18.5 Billion by 2031|

2022-08-20 12:49:48 By : Ms. Jane Zhao

July 26, 2022 08:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Wilmington, Delaware, United States, July 26, 2022 (GLOBE NEWSWIRE) -- As per a study by Transparency Market Research (TMR), the global power bank market is estimated to register growth at a CAGR of 6.1% during the forecast period, from 2022 to 2031.

The study by TMR provides in-depth data on important factors influencing the growth trajectory of the global power bank market. Hence, readers gain data and analysis on the growth drivers, restraints, expansion opportunities, demands and supply ratio, and the list of leading market players. This aside, the report sheds light on the current power bank target market regions and key power bank marketing strategy utilized by these players in order to expand their businesses.

Players in the power bank market are expected to observe a rise in the demand for portable power banks during the forecast period. This growth is ascribed to several factors including a surge in the use of different electronic devices including iPads, laptops, smartphones, and tablets across the globe. The popularity of portable battery charger is being increasing in the recent years as a best power bank owing to its ability to offer stable power in critical times, notes a TMR report on the power bank market.

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Power Bank Market: Key Findings

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Power Bank Market: Growth Boosters

Power Bank Market: Regional Analysis

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Power Bank Market: Key Players

Some of the key players profiled in the report are:

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Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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