Power Bank Market Report 2026

Power Bank Market Overview

• Power Bank market size has reached to $20.24 billion in 2025 • Expected to grow to $35.88 billion in 2030 at a compound annual growth rate (CAGR) of 12.2% • Growth Driver: Increasing Availability Of Mobile Devices • Market Trend: Focus On Collaborations And Partnerships • Asia-Pacific was the largest region in 2025.

What Is Covered Under Power Bank Market?

A power bank is defined as a portable charger that enables a user to charge their smartphones, laptop, tablet, and other media devices with a USB-enabled connection. These power banks can be reused multiple times by simply recharging them. There are various types of power banks available in the market which include, standard power banks which can be charged using a normal USB port, and solar power banks which use sunlight to charge up and contain photovoltaic panels. The main types of batteries used in power banks are lithium ion and lithium polymer. Lithium polymer batteries are rechargeable batteries that use soft a polymer case for resting of the lithium-ion battery inside it. Lithium polymer power banks are more compact and lightweight than lithium-ion power banks. lithium-ion batteries are rechargeable batteries that use lithium ions for the movement of ions from the negative electrode to the positive electrode component of its electrolyte. These batteries have the capacity of a high voltage and charge storage per unit mass and unit volume. The various price ranges for power banks include low, medium, and high. The power banks are used for charging various gadgets including smartphones, tablets, digital cameras, laptops, and others. The power banks are made available to customers through different sales channels including online and offline.

What Is The Power Bank Market Growth Forecast?

The power bank market size is expected to see rapid growth in the next few years. It will grow to $35.88 billion in 2030 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to increasing demand for high-capacity fast chargers, rising adoption of lithium polymer technologies, expansion of wireless and multi-device charging, development of ultra-compact battery packs, growth in power backup needs for remote work. Major trends in the forecast period include adoption of eco-friendly solar power banks, development of smart fast-charging solutions, expansion of IoT-integrated charging platforms, advancement of AI-based battery health management, growth of autonomous portable power technologies.

Global Power Bank Market Segmentation

1) By Battery Type: Lithium Ion, Lithium Polymer 2) By Price Range: Low, Medium, High 3) By Application: Smart Phone, Tablet, Digital Camera, Laptop, Other Applications 4) By Distribution Channel: Online, Offline Subsegments: 1) By Lithium Ion: Cylindrical Lithium-Ion Batteries, Prismatic Lithium-Ion Batteries, Lithium-Ion Battery Packs 2) By Lithium Polymer: Lithium Polymer Battery Packs, Flexible Lithium Polymer Batteries, Lithium Polymer Battery Cells

What Is The Driver Of The Power Bank Market?

The increasing availability of mobile devices is expected to drive the growth of the power bank market. The availability of mobile devices and the use of social media make people rely heavily on their devices and require reliable charging options to stay connected. Hence, the increasing availability and usage of mobile devices in various aspects of modern life have created a substantial and sustained demand for power banks. For instance, in September 2025, according to the International Data Corporation (IDC), a US-based advisory firm, global smartphone shipments increased 1.0% year-over-year (YoY) to 295.2 million units in the second quarter of 2025 (2Q25). Therefore, the increasing availability of mobile devices is expected to drive the demand for power bank during the forecast period.

Key Players In The Global Power Bank Market

Major companies operating in the power bank market are Ambrane India Pvt. Ltd., ADATA Technology Co. Ltd., Anker Innovations Technology Co. Ltd., AsusTeK Computer Inc., Griffin Technologies Inc., Intex Technologies india Ltd., Lenovo Group Ltd., Panasonic Corporation., Rav Power And Infra (India) Private Limited, Sony Corporation., Xiamoi Corporation., Aukey Technology Co. Ltd., Dell Technologies Inc., Duracell Inc., Changsha Meng Tuo Electronic Commerce Co. Ltd., iWALK Global Co Ltd., Microsoft Corporation, myCharge, OmniCharge Inc., Syska led lights Pvt Ltd., TP-Link Technologies Co. Ltd., Uimi Technology Pvt. Ltd., OnePlus Technology Co. Ltd., UNU Electronics Inc., Samsung SDI Co Ltd., Belkin International Inc., Zendure Deutschland., Jackery Inc., Shenzhen Value in Action Technology Co.Ltd., Poweradd, Tylt Inc., ROMOSS Technology Co. Ltd, Maxell Holdings Ltd., GP Batteries International Limited, Toshiba Corporation., Huawei Technologies Co. Ltd., ZTE Corporation, LG Electronics Inc., HP Inc., Acer Inc.

Global Power Bank Market Trends and Insights

Major companies operating in the power bank market are focused on partnering or collaborating with other companies to develop innovative solutions and expand their geographic presence. Collaboration and partnership refer to the act of working together with others to achieve a common goal or objective. For instance, in June 2023, Tempt, an India-based audio technology and lifestyle accessories brand, announced its strategic partnership with Staunch Electronics India, an India-based electronics manufacturing company. The collaboration aims to bolster the Make-in-India initiative by localizing the production of Tempt power banks within the country. With the manufacturing of Tempt power banks within India, the companies aim to contribute to the growth of the country's manufacturing sector and enhance the local supply chain.

What Are Latest Mergers And Acquisitions In The Power Bank Market?

In February 2024, Northern Trains Limited, a UK-based train operator providing regional rail services, partnered with Joos GmbH. This collaboration seeks to enhance traveler convenience by offering portable power bank rentals, enabling users to borrow a charger at one station and return it at another. This initiative responds to the escalating demand for charging solutions within the transportation sector, particularly as passengers increasingly depend on mobile devices for digital tickets and various services. Joos GmbH is a Germany-based provider of charging solutions.

Regional Outlook

Asia-Pacific was the largest region in the power bank market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Power Bank Market?

The power bank market consists of sales of lithium polymer (Li-Polymer) power banks and lithium ion (Li-Ion) power banks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Power Bank Market Report 2026?

The power bank market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the power bank industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.