DUBLIN, Oct. 15, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/cxvc9n/china_power_banks) has announced the addition of the "China Power Banks Market Forecast and Opportunities, 2020" report to their offering.
Power banks market in China is projected to exhibit a CAGR of over 26% during 2015 - 2020
On the basis of capacity, the market has been segmented into four broad categories, namely, below 8,000mAh, 8,000-10,000mAh, 10,000-15,000mAh and above 15,000mAh. Though volume sales of power banks below 8,000mAh capacity have been highest over the last few years, power banks above 15,000mAh capacity exhibit better growth prospects over the next five years. East China dominated the sales of power banks in 2014 and the region is forecast to continue its domination through 2020.
Also known as external batteries, power banks are increasingly becoming a necessity for almost every smartphone, tablet, laptop and MP3/MP4 player user in China, as the amount of time spent using these devices is increasing day by day. Battery backup of these electronic devices drains up in a short period of time, thereby creating requirement for power banks. During 2015-20, China power banks market is anticipated to grow at a substantial pace on account of growing influx of technologically upgraded power banks coupled with increasing number of mobile users, surging internet penetration and rising disposable income of the consumers. Moreover, introduction of multifunctional power banks, which include various features, such as projectors, laser lights, emergency car jump starter function, WIFI/3G router, etc., is further anticipated to boost the China power banks market in the coming years.
Few of the leading companies operating in power banks market in China include Romoss Technology Co., Ltd., Xiaomi Inc., Milutinovic Technology Co., Ltd., Guangdong Pisen Electronics Co. Ltd., and Huaqi Information Digital Technology Co., Ltd., among others.
China Power Banks Market Forecast & Opportunities, 2020 elaborates the following aspects of power banks market in China:
- Emergence of Slimmer Power Banks
- Increasing Influx of Multifunctional Power Banks
- China Power Bank Industry Undergoing Consolidation
- Surging availability of power banks on e-tailing websites
- Increasing Adoption of Power Banks for Laptops
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Product Overview
4. Global Power Banks Market Overview
5. China Power Banks Market Outlook
6. China Below 8000mAh Capacity Power Banks Market Outlook
7. China 8000-10000mAh Capacity Power Banks Market Outlook
8. China 10000-15000mAh capacity Power Bank Market Outlook
9. China Above 15000mAh capacity Power Bank Market Outlook
10. Market Dynamics
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. China Economic Profile
14. Competitive Landscape
15. Strategic Recommendations
- Beijing Huaqi Information Digital Technology Co., Ltd. - Guangdong Pisen Electronics Co. Ltd - Milutinovic Technology Co., Ltd. - Newsmy Technology Co. Ltd. - ROMOSS Technology Co., Ltd. - Samsung (China) Investment Co., Ltd. - Shenzhen DBK Electronics Co. Ltd - Szbroad Technology Co., Ltd. - Xiaomi Inc. - Zhongshan Pineng Battery Co. Ltd
For more information visit http://www.researchandmarkets.com/research/cxvc9n/china_power_banks
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SOURCE Research and Markets