Portable Battery Pack Market - Forecast(2021 - 2026)

Report Code: ESR 34666 Report Format: PDF + Excel (Delivery in 48 Hrs)

Portable Battery Pack Market Overview

The Portable Battery Pack Market is forecast to reach $18.9 billion by 2026, growing at a CAGR of 13.6% from 2021 to 2026. Portable battery packs are a form of mobile power supply that provides convenient mobile charging for smartphones, phablets, tablets and other 3C accessories. Portable battery packs are comprised of special battery with circuit to control power flow. It stores electrical energy and allows one to use it to charge mobile devices and other accessories. Depending on the capacity of the power bank and its current charge level it can take quite a while to fill up. The Li-ion and lithium polymer batteries have superior energy density than traditional battery technologies like nickel-cadmium and nickel metal hydride. The three things that are considered while designing portable battery pack are system safety, fuel-gauging accuracy and battery charging.

Report Coverage

The report: “Portable Battery Pack Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the portable battery pack market.
By Component – Battery, Circuit Board, USB Output, Micro USB Input, Power Switch, LED Indicator and Others.
By Battery Type – Lithium-Ion Battery, Lithium-Polymer Battery, Nickel Metal Hydride Battery, Nickel Cadmium Battery and Others.
By Capacity – Upto 2500 mAh, 2500 to 5000 mAh, 5000 to 7500 mAh, 7500 to 10000 mAh and Above 10000 mAh
By End User – Mobile Phones, Tablets, Portable Media Players and other Electronic Devices
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC(China, Japan India, SK, Australia, Indonesia, Malaysia and Others), South America(Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa).

Key Takeaways

  • The demand for portable battery pack is high in the next few years due to rise in use of mobile phones, tablets and wearable devices.
  • Portable battery packs are for multipurpose, small in size, safe, reliable and long in life.
  • Three things that are considered while designing portable battery pack are system safety, fuel-gauging accuracy, and battery charging.
  • North-America is one of the fastest growing markets in portable battery pack due to increasing demand for high capacity range devices in this region.

Portable Battery Pack Market, By Geography, 2020

Portable Battery Pack Market
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Portable Battery Pack Market Segment Analysis - By Battery Type

There are several types of batteries they are lithium-ion, lithium-polymer and nickel cadmium. Lithium-ion cells are usually in uniform size and battery holds an average of 2200~2600mAh and are mainly manufactured in Japan, Korea and China. Li-ion cells have high energy densities and costs less than Li-polymer due to cheaper and quicker production methods. On the other hand Li-polymer batteries are robust and flexible when it comes to size and shape. They are also lightweight and have a lower chance of leaking electrolyte. The difference between both batteries is type of electrolytes. A Li-ion battery is a liquid electrolyte and Li-polymer batteries have semi solid electrolyte.

Portable Battery Pack Market Segment Analysis - By End User

Electronic devices like smart phones, tablets and portable media players are the end-users of portable battery packs. Smartphones dominate the market and are projected to grow at a fast rate of 16.1% through 2026. Smartphones and laptops are equipped with inbuilt batteries which stores battery for short period of time. These devices also use data and internet services for long time which tend to drain the battery of smartphones rapidly. This has created a huge demand for power banks to keep smartphones running for a longer duration.

Portable Battery Pack Market Segment Analysis – By Geography

Asia-Pacific is expected to dominate the global portable battery pack market with a share of 36.2% in 2020. It is because of large consumption of mobile phones and other portable devices. The emerging economies in this region such as India, China, Vietnam and Myanmar are putting efforts to expand and modernize the wireless devices services. Countries like Japan, Malaysia and Australia are growing to develop new battery designs and are expected to play a major role in the market expansion in Asia-Pacific.

Portable Battery Pack Market Drivers 

Increasing demand for portable battery with long battery backup

One of the driving factors increasing the demand for portable battery pack market is high demand for batteries which have long battery backup. Portable batteries are handy and can be carried from one place to another. Due to heavy usage of smartphones and laptops while travelling will drain the battery rapidly this in turn creates the demand for portable batteries which gives long battery life than short battery life. It depends on the milliampere-hour (mAh) or capacity of the battery. 10000 – 15000 mAh segment of portable battery packs are expected to grow at the highest rate during the forecast period.

Increasing demand for smartphones and tablets

There has been a drastic demand for smart phones in the past few years and there will be more in the next few years. Mobile phones and laptops are extremely important these days and people are heavily dependent on these gadgets for almost every single thing we do. People often encounter low battery signals while on a bus or public transport where there is no charging points available. At times power cuts lead to dead phones and there won’t be outlets to charge them in. Portable battery packs helps them charge as soon as the mobile run out of battery. In this way increase in smartphones and laptops is directly proportional to increase in demand of portable batteries.

Portable Battery Pack Market Challenges

Highly competitive market

Portable batteries manufacturers face a huge competition within the market due to large number of manufacturers in the market. Each manufacturer in market comes with different range of portable batteries with a variety of features according to customer needs. This makes any new entrant difficult to survive unless it comes with updated portable battery technology. Existing manufacturers in the market always look for bringing new technologies to gain the advantage of other competitors. Thus, makes the existing and new entrants extremely competitive and challenging.

Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the portable battery pack market. The portable battery pack market is dominated by major companies such BYD Company Limited, Energizer Holdings Inc., Mophie Inc., Simplo Technology Co. Ltd, Sony Corporation, Panasonic Corporation, Anker Technology Co. Ltd, CHEERO USA INC., Nikon Corporation, Braven LC-INCIPIO Technologies.

Acquisitions/Technology Launches/Partnerships

  • In August 2020, Anker has launched the Powercore Play 6700, a portable battery bank designed for gaming on smartphones. The play 6700 packs a 6,700mAh Lithium Polymer battery. It comes with both a 15W USB-A and USB-C port for more compatibility between smartphones.

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1. Portable Battery Pack Market Overview
    1.1 Definitions and Scope
2. Portable Battery Pack Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Battery Type
    2.3 Key trends segmented by Geography
3. Portable Battery Pack Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Portable Battery Pack Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. Portable Battery Pack Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. Portable Battery Pack Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Portable Battery Pack Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
8. Portable Battery Pack Market – By Battery Type (Market Size -$Million/Billion)
    8.1 Lithium Ion
    8.2 Lithium Polymer
    8.3 Nickel Metal Hydride
    8.4 Nickel Cadmium
    8.5 Others
9. Portable Battery Pack Market – By Component (Market Size -$Million/Billion)
    9.1 Battery
    9.2 Circuit Board
    9.3 Micro USB Input
    9.4 USB Output
    9.5 Power Switch
    9.6 LED Indicator
    9.7 Others
10. Portable Battery Pack Market – By Capacity (Market Size -$Million/Billion)
    10.1 Upto 2500 mAh
    10.2 2500-5000 mAh
    10.3 5000-7500 mAh
    10.4 7500-10000 mAh
    10.5 Above 10000 mAh
11. Portable Battery Pack Market – By End Use Industry (Market Size -$Million/Billion)
    11.1 Mobile Phones
    11.2 Tablets
    11.3 Portable Media Players
    11.4 Others
12. Portable Battery Pack Market - By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Netherlands
        12.2.8 Others
    12.3 APAC
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia
        12.3.6 Indonesia
        12.3.7 Malaysia
        12.3.8 Others
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Others
    12.5 RoW
        12.5.1 Middle East
        12.5.2 Africa
13. Portable Battery Pack Market - Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Portable Battery Pack Market – Industry Competitive Landscape (Premium)
    14.1 Market Share – Global
    14.2 Market Share by Region
    14.3 Market Share By Battery Type
15. Portable Battery Pack Market – Key Company List by Country Premium (Premium)
16. Portable Battery Pack Market - Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10

List of Tables

1 US Portable Battery Pack Market Size 2018
2 Canada Portable Battery Pack Market Share 2018
3 Brazil Portable Battery Pack Market Outlook 2019 - 2023
4 Mexico Portable Battery Pack Market Research 2018
5 Germany Portable Battery Pack Market Trends 2019 - 2023 
6 France Portable Battery Pack Market Growth 2019 - 2023 
7 UK Portable Battery Pack Market Demand 2019 - 2023 
8 Italy Portable Battery Pack Market Segmentation 2018
9 Russia Portable Battery Pack Market Analysis 2019 - 2023
10 China Portable Battery Pack Market Revenue 2019 - 2023
11 Japan Portable Battery Pack Market Volume 2019 - 2023
12 South Korea Portable Battery Pack Market Potential 2019 - 2023
13 India Portable Battery Pack Market Leaders 2018
14 Saudi Arabia Portable Battery Pack Market Forecast 2019 - 2023 
15 Kuwait Portable Battery Pack Market Value 2018

List of Figures

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