Portable Charger Market: Global Industry Analysis and Forecast (2024-2030)

  • Portable Charger Market size was valued at USD 11.42 Bn. in 2023 and the Portable Charger revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 18.10 Bn. by 2030.

  • Format : PDF | Report ID : SMR_2110

Portable Charger Market Overview:  

Portable chargers also known as power banks come with a circuit for regulation of power flow. The growth of global portable charger market has been increased by high demand for small electronic devices with rechargeable batteries like tablets, smartphones, and laptops. The Portable Charger Market is significantly driven by the rapid growth in demand for compact electronic devices incorporating rechargeable batteries such as smartphones, tablets and laptops. The increase in acceptance of electronic products has made these products very famous globally.

 

Additionally, their unique attributes including long-lasting qualities, lighter carry weight compared to other gadgets, many jacks for charging at once, quicker recharges and less expensive make them indispensable for technology enthusiasts. In case of a prolonged power outage or an unstable electricity supply, portable chargers serves as an ideal option, preventing the device from turning off. Mobile phones, digital cameras, tablets, and laptops are some of the gadgets that can be powered by solar power banks.

 

The Asia Pacific regional industry is expected to increase in revenue share for a significant portion of time due to the increasing users of electronic gadgets besides the high demand for e-commerce which cuts across different sectors.

Portable Charger Market

 

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Portable Charger Market Dynamics:  

Rapid Growth and Innovation Define the Evolving Landscape of the Portable Charger Sector

The portable charger sector is currently witnessing significant growth on the account of increasing ownership of smart phones as well as other portable gadgets across the globe. This growth has been characterized by a few things Firstly advancements in battery technology which has led to quicker charging times and larger capacity sizes that tailor towards people’s increased need for energy. Eco-friendly manufacturing materials and energy-efficient design are being pushed by environmental sustainability. Improved user convenience due to things like app-controlled charging or battery management is gained through integration with smart devices.

 

Company innovation has led to intense competition in the market with the invention of smaller gadgets have multiple ports for connection and capable of operating without wires. The market’s face is being shaped by strategic alliances and mergers which have made it possible for technology to be shifted from one corner to another across the world. In this rapidly changing sector, regulatory support for energy-efficient solutions makes the market grow even more rapidly hence providing varying chances for players to make profits.

 

Portable Charger Market Challenges

Navigating Competitive Pressures and Technological Evolution in the Growing Portable Charger Market

While it is experiencing rapid growth, the portable charger market has several difficulties. There is a significant competitive hurdle due to growing competition that forces manufacturers to lower profit margins hence leading to pricing pressures. As swift advancements are necessary for continued competitiveness, the challenge of technology becoming obsolete keeps requiring innovation constantly. In order to assure that it can be used on many gadgets, it has become necessary to continually adjust it according to the new device specifications and standards.

 

Although it may cost more in some cases, the push for such practices and materials is largely influenced by environmental factors as companies seek to invest in eco-friendly solutions. Compliance challenges regarding battery safety and efficiency regulations present have in force challenges to both product timelines and costs. Moreover, inconsistent availability and cost makes raw material prices and supply chain interruptions volatile in as much as lead-time does not remain constant.

 

Portable Charger Market Segment Analysis:

By Type, The portable charger market is segmented in by the types such as power banks and solar charger. Power banks are dominant because they are convenient and reliable offering various capacities while having fast charging abilities for different consumer needs. The main reasons why solar chargers are gaining in popularity are growing environmental awareness and demand for environmentally friendly charging solutions.

 

These chargers utilize sunlight reaching Earth’s surface and power up gadgets, which makes them highly convenient for open-air activities, eco-tourism, hiking trips, etc. Both divisions encourage invention because of the developments in them that concentrate more on small-scale blueprints, increased usage of power of batteries and combination with clever devices that make it even better in the eyes of the customers while raising its stage in the surrounding.

Portable Charger Market1

Portable Charger Market Regional Insight:

The portable charger market depicts diverse regional dynamics which are driven by factors such as technological adoption, consumer lifestyles and environmental concerns. High smartphone penetration and a tech-savvy consumer base has seen North America leading in robust demand followed closely by Asia Pacific where there is a growing percentage of ownership especially in populous countries like China and India. Europe underscores the need for eco-friendly portable chargers that are energy efficient and sustainable. On the other hand, regions such as Latin America and the Middle East & Africa are witnessing increased acceptance because of better infrastructure and higher disposable incomes, which presents unexplored prospects for market growth and creativity.

 

Portable Charger Market Competitive Landscape:

  • In May 2022: ADATA introduced the T5000C power bank, boasting a 5,000 mAh power capacity. It showcases an intricately engraved floral pattern, evoking a refreshing spring-inspired aesthetic and offering a satisfying tactile experience.
  • In March 2021: Xiaomi introduced its 10,000 mAh wireless power bank in India, which is capable of supporting up to 10W fast wireless charging. The power bank also facilitates two-way fast charging, along with 18W wired charging capabilities.

 

Portable Charger Market Scope:

Portable Charger Market

Market Size in 2023

USD 11.42 Bn.

Market Size in 2030

USD 18.10 Bn.

CAGR (2024-2030)

6.8 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

   Segments

By Battery Type 

Lithium-ion (Li-Ion) Battery

Lithium Polymer (Li-Polymer) Battery

By Capacity

1000-5000mAh

5001-10000mAh

10001-15000mAh

15001-20000mAh

Above 20001mAh

By Capacity

              Smart Phone

              Tablet

              Laptop

              Portable Media Device

              Wearable Device

              Digital Camera

              Other

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Portable Charger Market Key Players:

  1. Anker Innovations
  2. Sony Europe B.V
  3. Accutronics Ltd
  4. Chengdu Khons Technology Co. Ltd
  5. Omnicharge Inc
  6. Platinet
  7. Samsung SCI Co. Ltd
  8. Lzen Electronics
  9. Belkin International Inc
  10. Microsoft Corporation
  11. Voltaic Systems
  12. Xiaomi Technology
  13. Panasonic Corporation
  14. GP Batteries International
  15. Anker Innovations
  16. Ambrane India Private Ltd.
  17. ASUSTeK Computer Inc.
  18. Intex Technologies
  19. Lenovo Group Ltd.
  20. Beijing Xiaomi Technology Co., Ltd.


Frequently Asked Questions

Rapid Growth and Innovation Define the Evolving Landscape of the Portable Charger Sector are the driver of the Portable Charger Market.

1.    Portable Charger Market: Research Methodology 
2.    Portable Charger Market: Executive Summary
3.    Portable Charger Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    Portable Charger Market Import Export Landscape
5.1. Import Trends
5.2. Export Trends
5.3. Regulatory Compliance
5.4. Major Export Destinations
5.5. Import-Export Disparities
6.    Portable Charger Market: Dynamics
6.1. Market Trends by Region
6.1.1.    North America
6.1.2.    Europe
6.1.3.    Asia Pacific
6.1.4.    Middle East and Africa
6.1.5.    South America

6.2. Market Drivers by Region
6.2.1.    North America
6.2.2.    Europe
6.2.3.    Asia Pacific
6.2.4.    Middle East and Africa
6.2.5.    South America

6.3. Market Restraints
6.4. Market Opportunities
6.5. Market Challenges
6.6. PORTER’s Five Forces Analysis
6.7. PESTLE Analysis
6.8. Strategies for New Entrants to Penetrate the Market
6.9. Regulatory Landscape by Region
6.9.1.    North America
6.9.2.    Europe
6.9.3.    Asia Pacific
6.9.4.    Middle East and Africa
6.9.5.    South America

7.    Portable Charger Market Size and Forecast by Segments (by Value Units)
7.1. Portable Charger Market Size and Forecast, by Battery Type (2023-2030)
7.1.1.    Lithium-ion (Li-Ion) Battery 
7.1.2.    Lithium Polymer (Li-Polymer) Battery

7.2. Portable Charger Market Size and Forecast, by Capacity (2023-2030)
7.2.1.    1000-5000mAh
7.2.2.    5001-10000mAh
7.2.3.    10001-15000mAh
7.2.4.    15001-20000mAh
7.2.5.    Above 20001mAh

7.3. Portable Charger Market Size and Forecast, by Application (2023-2030)
7.3.1.    Smart Phone
7.3.2.    Tablet
7.3.3.    Laptop
7.3.4.    Portable Media Device
7.3.5.    Wearable Device
7.3.6.    Digital Camera
7.3.7.    Other

7.4. Portable Charger Market Size and Forecast, by Region (2023-2030)
7.4.1.    North America
7.4.2.    Europe
7.4.3.    Asia Pacific
7.4.4.    Middle East and Africa
7.4.5.    South America

8.    North America Portable Charger Market Size and Forecast (by Value Units)
8.1. North America Portable Charger Market Size and Forecast, by Battery Type (2023-2030)
8.1.1.    Lithium-ion (Li-Ion) Battery 
8.1.2.    Lithium Polymer (Li-Polymer) Battery

8.2. Portable Charger Market Size and Forecast, by Capacity (2023-2030)
8.2.1.    1000-5000mAh
8.2.2.    5001-10000mAh
8.2.3.    10001-15000mAh
8.2.4.    15001-20000mAh
8.2.5.    Above 20001mAh

8.3. Portable Charger Market Size and Forecast, by Application (2023-2030)
8.3.1.    Smart Phone
8.3.2.    Tablet
8.3.3.    Laptop
8.3.4.    Portable Media Device
8.3.5.    Wearable Device
8.3.6.    Digital Camera
8.3.7.    Other

8.4. North America Portable Charger Market Size and Forecast, by Country (2023-2030)
8.4.1.    United States
8.4.2.    Canada
8.4.3.    Mexico

9.    Europe Portable Charger Market Size and Forecast (by Value Units)
9.1. Europe Portable Charger Market Size and Forecast, by Battery Type (2023-2030)
9.1.1.    Lithium-ion (Li-Ion) Battery 
9.1.2.    Lithium Polymer (Li-Polymer) Battery

9.2. Portable Charger Market Size and Forecast, by Capacity (2023-2030)
9.2.1.    1000-5000mAh
9.2.2.    5001-10000mAh
9.2.3.    10001-15000mAh
9.2.4.    15001-20000mAh
9.2.5.    Above 20001mAh

9.3. Portable Charger Market Size and Forecast, by Application (2023-2030)
9.3.1.    Smart Phone
9.3.2.    Tablet
9.3.3.    Laptop
9.3.4.    Portable Media Device
9.3.5.    Wearable Device
9.3.6.    Digital Camera
9.3.7.    Other

9.4. Europe Portable Charger Market Size and Forecast, by Country (2023-2030)
9.4.1.    UK
9.4.2.    France
9.4.3.    Germany
9.4.4.    Italy
9.4.5.    Spain
9.4.6.    Sweden
9.4.7.    Russia 
9.4.8.    Rest of Europe

10.    Asia Pacific Portable Charger Market Size and Forecast (by Value Units)
10.1. Asia Pacific Portable Charger Market Size and Forecast, by Battery Type (2023-2030)
10.1.1.    Lithium-ion (Li-Ion) Battery 
10.1.2.    Lithium Polymer (Li-Polymer) Battery

10.2. Portable Charger Market Size and Forecast, by Capacity (2023-2030)
10.2.1.    1000-5000mAh
10.2.2.    5001-10000mAh
10.2.3.    10001-15000mAh
10.2.4.    15001-20000mAh
10.2.5.    Above 20001mAh

10.3. Portable Charger Market Size and Forecast, by Application (2023-2030)
10.3.1.    Smart Phone
10.3.2.    Tablet
10.3.3.    Laptop
10.3.4.    Portable Media Device
10.3.5.    Wearable Device
10.3.6.    Digital Camera
10.3.7.    Other

10.4. Asia Pacific Air Traffic Control (ATC) Communications Market Size and Forecast, by Country (2023-2030)
10.4.1.    China
10.4.2.    S Korea
10.4.3.    Japan
10.4.4.    India
10.4.5.    Australia
10.4.6.    Indonesia 
10.4.7.    Malaysia
10.4.8.    Vietnam
10.4.9.    Taiwan
10.4.10.    Bangladesh
10.4.11.    Pakistan
10.4.12.    Rest of Asia Pacific

11.    Middle East and Africa Portable Charger Market Size and Forecast (by Value Units)
11.1. Middle East and Africa Portable Charger Market Size and Forecast, by Battery Type (2023-2030)
11.1.1.    Lithium-ion (Li-Ion) Battery 
11.1.2.    Lithium Polymer (Li-Polymer) Battery

11.2. Middle East and Africa Market Size and Forecast, by Capacity (2023-2030)
11.2.1.    1000-5000mAh
11.2.2.    5001-10000mAh
11.2.3.    10001-15000mAh
11.2.4.    15001-20000mAh
11.2.5.    Above 20001mAh

11.3. Portable Charger Market Size and Forecast, by Application (2023-2030)
11.3.1.    Smart Phone
11.3.2.    Tablet
11.3.3.    Laptop
11.3.4.    Portable Media Device
11.3.5.    Wearable Device
11.3.6.    Digital Camera
11.3.7.    Other

11.4. Middle East and Africa Portable Charger Market Size and Forecast, by Country (2023-2030)
11.4.1.    South Africa
11.4.2.    GCC
11.4.3.    Egypt
11.4.4.    Nigeria
11.4.5.    Rest of ME&A

12.    South America Portable Charger Market Size and Forecast (by Value Units)
12.1. South America Portable Charger Market Size and Forecast, by Battery Type (2023-2030)
12.1.1.    Lithium-ion (Li-Ion) Battery 
12.1.2.    Lithium Polymer (Li-Polymer) Battery

12.2. South America Market Size and Forecast, by Capacity (2023-2030)
12.2.1.    1000-5000mAh
12.2.2.    5001-10000mAh
12.2.3.    10001-15000mAh
12.2.4.    15001-20000mAh
12.2.5.    Above 20001mAh

12.3. Portable Charger Market Size and Forecast, by Application (2023-2030)
12.3.1.    Smart Phone
12.3.2.    Tablet
12.3.3.    Laptop
12.3.4.    Portable Media Device
12.3.5.    Wearable Device
12.3.6.    Digital Camera
12.3.7.    Other

12.4. South America Portable Charger Market Size and Forecast, by Country (2023-2030)
12.4.1.    Brazil
12.4.2.    Argentina
12.4.3.    Rest of South America

13.    Company Profile: Key players
13.1. Anker Innovations
13.1.1.1.    Company Overview
13.1.1.2.    Financial Overview
13.1.1.3.    Business Portfolio
13.1.1.4.    SWOT Analysis
13.1.1.5.    Business Strategy 
13.1.1.6.    Recent Developments

13.2. Sony Europe B.V 
13.3. Accutronics Ltd
13.4. Chengdu Khons Technology Co. Ltd
13.5. Omnicharge Inc
13.6. Platinet
13.7. Samsung SCI Co. Ltd
13.8. Lzen Electronics
13.9. Belkin International Inc 
13.10. Microsoft Corporation
13.11. Voltaic Systems
13.12. Xiaomi Technology
13.13. Panasonic Corporation
13.14. GP Batteries International
13.15. Anker Innovations
13.16. Ambrane India Private Ltd.
13.17. ASUSTeK Computer Inc.
13.18. Intex Technologies
13.19. Lenovo Group Ltd.
13.20. Beijing Xiaomi Technology Co., Ltd.  
14.    Key Findings
15.    Industry Recommendation

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