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India power bank market is projected to grow from around $ 98 million in 2017 to $ 255 million by 2023,
exhibiting a CAGR of over 16% during the forecast period, on the back of growing government initiatives aimed
at aiding the manufacturing sector and technological advancements leading to reduction in lithium-ion battery
cost. Rising disposable income, growing urban population and increasing penetration of smartphones and tablets
are some of the other major factors that are expected to have a positive impact on the country’s power bank
market over the coming years. Moreover, demand for power banks is anticipated to emanate from consumers
who travel for long hours and need to charge their devices on the go.
Power Bank manufacturing and assembling companies, distributors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to power banks market
Market research and consulting firms The study is essential in delivering useful information to industry stakeholders such as manufacturing and assembling companies, distributors and industry experts related to power bank market. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.
In this report, India power bank market has been segmented into the following categories in addition to the
industry trends which have also been listed below:
o Lithium-ion
o Lithium Polymer
o Up to 4000 mAh
o 4001 – 8000 mAh
o 8001 – 12000 mAh
o Above 12000 mAh
o One Port
o Two Ports
o Three Ports & Above
o Online
o Offline
