During the projection period, rising disposable income and a growing population are anticipated to fuel demand for portable battery packs (power banks). Over the forecast period, a strong distribution network is anticipated to fuel the growth of the portable battery pack (power bank) market globally.
A CAGR of 8.3% is predicted for the Global Portable Battery Pack (Power Banks) Market, which was valued at US$986.9 million in 2021.
Key Companies in the Portable Battery Pack (Power Banks) Industry:
1. Anker Technology Co: Anker Innovations Technology Co. Ltd. creates, manufactures, and sells consumer electronics items under its own brand, including smart hardware and accessories for mobile devices. Established in 2011. Head office in China. Anker and Navitas have signed a strategic partnership agreement for upcoming mobile fast chargers.
2. BYD Company Limited: BYD, a significant Chinese producer in the creation of new energy vehicles, or NEVs, was established in 1995. The company stopped making internal combustion engine, or ICE, vehicles in March 2022. Its goods mainly cater to the expanding mid-priced mass-market niche in China's passenger vehicle market.
3. Cheero USA, Inc.: Producer of supplements for the liver designed to make drinking alcohol safe and responsible. Customers may lessen the harmful effects of alcohol on their health in a safe, effective, and ethically responsible way thanks to the company's solutions, which also replace lost vitamins and provide the liver what it needs to break down alcohol and its poisonous byproducts. Founded in 2014. Has its headquarters in the U.S.
4. Energizer Holdings, Inc.: Lighting goods, specialty batteries, and home batteries are produced and sold by Energizer Holdings Inc. Batteries made using the technologies of lithium, alkaline, carbon-zinc, nickel-metal hydride, zinc-air, and silver oxide are available from Energizer. Built in 1896. United States headquarters. The Global Battery and Portable Lighting Business ("Spectrum Batteries") of Spectrum Brands (NYSE: SPB) will be acquired by Energizer Holdings, Inc. (NYSE:ENR) for $2.0 billion in cash, according to a 2018 announcement.
5. Mophie, Inc.: Producer of smartphone accessories for technological devices. Batteries, intelligent cases, armbands, belt clips, screen shields, cables, chargers, and armbands are among the company's goods that work with the iPhone, iPod touch, and iPad. Established in 2005. United States headquarters.
6. Panasonic Corporation.: Conglomerate Panasonic has expanded beyond its foundation in consumer electronics. The two main business segments are lifestyle and energy. Built in 1918. Head office in Japan. Blue Yonder's acquisition by Panasonic has been finalised.
7. Simplo Technology Co. Ltd.: The battery industry's Simplo Technology Co Ltd is a dedicated foundry producing information software services, lighting equipment, data storage and processing equipment, electronic components, batteries, power generation, transmission and distribution machinery, as well as wireless communication machinery and equipment. Geographically. The business has operations in Taiwan, China, the US, and Singapore. Taiwan is where it gets the majority of its income. Established in 1992.
Definition: A portable battery or battery pack is one which is sealed, can be hand-carried without difficulty, and is neither an automotive nor industrial battery.
