Power Banks Market Outlook 2025 |The Insight Partners Power Banks Market Outlook 2025 |The Insight Partn | Page 2
Power Banks Market to 2025
Introduction
Power bank or a portable charger is lithium-ion or lithium-polymer based battery used to charge a variety of
electronic devices such as tablets, smartphones, music players and other devices with USB slots. With extensive use
of internet on electronic devices and limited capacity of inbuilt batteries, there is a rising demand for an external
power source that enables the users to charger their devices on the go. The growing demand of power bank in a
variety of segments such as communication & technology, and medical & military is expected to create
opportunities for the power banks market.
Power bank has been witnessing a rising demand from the consumers worldwide, owing to its portability feature
and reusability feature upon recharging. Depending upon the usage, consumers have options to purchase power
banks with different capacities. Also, power banks are available in different shapes such as square, rectangular and
cylinder and sizes providing users with a variety of choices.
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