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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Portable Charger Market
Request Now !Portable charger is a gadget that charges or energizes a battery. A portable charger, also known as a power bank, is a reusable battery that can be charged over and again for a few utilizations. A portable charger is mostly used to deal with frequent discharging of batteries while travelling, outings, or in office. Lithium-ion batteries are used to design a portable charger, for their varied market demand, affordability, and compactness. It can connect to a variety of input sources, allowing to instantly charge several devices such as smartphones or laptops. The charger's battery limit is estimated in milliampere hour (mAh), higher mAh indicates higher capacity of power bank.
Factors such as improved consumer purchasing power, better living standards, and fast economic progress impacts the market positively. Moreover, availability of such devices with varied capacities also drive the market growth, as they cater to multiple customer segments. In addition, increase in demand for smartphones, tablets, and other digital devices lead to surge in the portable charger market growth. However, some of the portable power banks are really heavy and bulky which makes them impossible to carry around. Furthermore, cell phones are currently outfitted with high limit batteries and proficient chipset, which hampers the market growth. However, innovative advancements in convenient chargers, such as remote versatile chargers, provide growth opportunities for the market.
The global portable charger market is segmented into type, application, and region. By type, it is segmented into single solar plate, led light, and voltage adjustable. By application, it is segmented into mobile phones, digital cameras, mp3 & mp4 devices, automotive, laptop, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle-East and Africa).
Some of the key players operating in the global portable charger market are Anker Innovations, SONY EUROPE B.V., Accutronics Ltd., RIZK NATIONAL INDUSTRIES LLC., Chengdu Khons Technology Co. Ltd., Omnicharge Inc., Platinet, SAMSUNG SDI CO. LTD., Lzen Electronics (India), ARB ACCESSORIES PVT. LTD., and Belkin International, Inc.
Report Metric | Details |
Market size available for years | 2018–2026 |
Base year considered | 2018 |
Forecast period | 2019–2026 |
Forecast units | Value (USD) |
Segments covered | Type, Application and Region |
Geographies covered | North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa |
Companies covered | Major players covered include Anker Innovations, SONY EUROPE B.V., Accutronics Ltd., RIZK NATIONAL INDUSTRIES LLC., Chengdu Khons Technology Co. Ltd., Omnicharge Inc., Platinet, SAMSUNG SDI CO. LTD., Lzen Electronics (India), ARB ACCESSORIES PVT. LTD., and Belkin International, Inc. |
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