India Power Bank Market Overview
India Power Bank Market is anticipated to gain momentum in the upcoming years on the back of various growing factors such as rising smartphones advent in the country, growing ecommerce platforms, and introduction of fast charging technology.
According to 6Wresearch, the India Power Bank Market size is estimated to augment during the forecast period 2023-2029. The market is experiencing growth with smart phones being the most important electronic device in today’s era, as people are dependent on their mobile devices for communication, entertainment, and work, the demand for power banks will be continue to surge. The increasing trend of digitalization, from online payment to online shopping, to remote work, this has augmented the need for uninterrupted power supply even while on the go, hence the demand for power banks has increased, contributing to the India Power Bank Market growth.
Trends & Opportunities in the India Power Bank Market
India Power Bank Market is estimated to gain momentum in the country with a rise in the technology advancements into power banks, like the fast-charging aspect, making them more appealing to the consumers. Wireless charging power banks have gained momentum among the consumers, as cable-free charging is proven more convenient, even while on the go. Additionally, high-capacity power banks are gaining more popularity owing to their longer charging capacity, offering multiple times charging facility without the need to charge themselves. Consumers prefer slim, lightweight, and compact sized power banks, making them easy to carry, leading to increasing power bank market share in India. Integration with IoT Devices is one of the opportunities for the market expansion, as IoT devices require uninterrupted operations in case of power outages, the demand for high-capacity power banks have increased.
COVID-19 influence on the India Power Bank Market
The pandemic had influenced the India Power Bank Market which is Asia Pacific Power Bank Market. With the impose of lockdowns and social distancing measures, remote work, online learning, and virtual meetings had become compulsory during the pandemic. This led to a surge in the power banks to ensure uninterrupted work and study in case of power outages. Supply chain disruptions during the pandemic reduced the availability of components had delayed the manufacturing process, as a result, reduced the availability of components. This had led to a major drop in the market growth.
Key Players of the India Power Bank Market
Several major companies that have a strong market presence. They have been catering their customers by offering their customers premium quality power banks. Some of them are mentioned below:
- Xiaomi (Mi
- Syska
- Ambrane
- Anker
- Sony
- MiLi
- Portronics
Key attractiveness of the report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022.
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- India Power Bank Market Outlook
- Market Size of India Power Bank Market, 2022
- Forecast of India Power Bank Market, 2029
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By Above 20,000 mAh for the Period 2019 - 2029
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By Energy Source for the Period 2019 - 2029
- Historical Data and Forecast of India Power Bank Revenues & Volume for the Period 2019 - 2029
- India Power Bank Market Trend Evolution
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By 8,001 mAh-20,000 mAh for the Period 2019 - 2029
- India Power Bank Market Drivers and Challenges
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By Capacity Range for the Period 2019 - 2029
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By Up to 3,000 mAh for the Period 2019 - 2029
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By 3,001 mAh-8,000 mAh for the Period 2019 - 2029
- India Power Bank Price Trends
- India Power Bank Porter's Five Forces
- India Power Bank Industry Life Cycle
- Historical Data and Forecast of India Power Bank Market Revenues & Volume By Electric for the Period 2019 - 2029
About Us
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Contact Us: Phone: +911143024305 | Email Id: sales@6wresearch.com
