India Power Bank Market was valued US$ 98.2 Mn in 2017 and is predicted to reach US$ 372.4 Bn by 2026 at a CAGR of 18.1%. India power bank market is segmented by capacity, by application and by distribution channel. Based on capacity, India power bank market is divided into Up to 4000 mAh, 4001 – 8000 mAh, 8001 – 12000 mAh & Above 12000 mAh. Online and offline are distribution channel of India power bank market. Smartphone, tablet and other are application segments of India power bank market. Increasing electronic gadgets holder and falling price of power bank are the key drivers of the India power bank market. Rising disposable income, growing urbanization and increasing penetration of smartphones, tablets and compact electronic devices are other major factors that positively impact on the India’s power bank market during the forecast. Increase in energy consumption by the electronic gadgets coupled with the use of these devices has significantly increased in recent years, due to the availability of internet-based application and games. Power banks have gained enormous popularity across the urban areas. In case of outage or an unstable electricity supply, power banks save the device from turning off. Power bank with capacity range of 4001 – 8000 mAh battery grabbed major share of the market followed by 8001 – 12000 mAh capacity. Smartphones is becoming an essential part of the living society, the demand for portable chargers will grew over the forecast. Rising consumer awareness the market is expected to register tremendous growth over the forecast. Smartphone dominated the India’s power bank market by application segment and will continue its dominance throughout the forecast. Offline channel grabs the major chunk of India power bank market in 2017 while online channel is foreseen to gain a significant growth owed to benefits it offers. Internet has greatly influence the way we shop. Because of the advantages and benefits, maximum people prefers buying things online over the conventional method. With online shopping price comparison is quiet easy also, variety are numerous. Anker Technology Co. Limited, Mophie Inc., Panasonic Corporation, Rav Power, Samsung Electronics Co., Sony Corporation, Xtorm BV, Apacer Technologies Inc., Braven, LC-INCIPIO Technologies Inc., Goal Zero Corporation, GP Batteries International Ltd and IEC Technology LLC are major players of India power bank market.
Scope of the India Power Bank Market
India Power Bank Market, By Capacity:
• Up to 4000 mAh • 4001 – 8000 mAh • 8001 – 12000 mAh • Above 12000 mAh
India Power Bank Market, By Application:
• Smartphone • Tablet • Other
India Power Bank Market, By Distribution Channel:
• Online • Offline
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