The global Portable Power Bank market is valued at 10982.25 million USD in 2017 and is expected to reach 14,975.9 million USD by the end of 2025, growing at a CAGR of 3.95% between 2017 and 2025.
The leading players include following list:
· GP Batteries
· Mipow (Baojia International Group Limited)
· DX Power
· Intex Technologies
Demand is driven by the demand of smartphone and tablet. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography. The industry is fragmented.
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