What is Wireless Power Banks Market?
Wireless charging is now widely used to charge smartphones and power banks can also charge devices using wireless technology. Power banks are portable batteries used to charge battery-powered items such as mobile phones and a host of other devices that would normally use a USB charger. Wireless power banks come with a built-in wireless charger so that they can wirelessly connect to the item they need to charge. It has a coil that it uses to transfer energy froth e charging pad to the item being charged.
The market study is being classified by Type (Less than 3000mAh Capacity, 3001-5000mAh Capacity, 5001-10000mAh Capacity and Greater than 10000mAh Capacity), by Application (Mobile, Tablet, Media Device and Other) and major geographies with country level break-up.
Samsung (South Korea), Philips (Netherlands), Huawei Technologies Co., Ltd. (China), Goal Zero LLC (United States), Shenzhen Awesome Technology Co., Ltd. (China), Haier Group Corporation (China), Xiaomi Corporation (China), Astrum Holdings Limited (Hong Kong), Ambrane India Pvt Ltd (India) and Intex Technologies (India) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Chinese Players will contribute to the maximum growth of Global Wireless Power Banks market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wireless Power Banks market by Type, Application and Region.
On the basis of geography, the market of Wireless Power Banks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Demand for Wireless Charging Smartphones Leads Into Demand for Wireless Power Banks
- Rise in the Acceptance of Smart Accessories
- Advantage Such As Reduces the Number of Cables and Power Adapters
Market Trend
- Increasing Popularity of the Wireless Charging System
Restraints
- Lack of Efficiency Compared To Traditional Chargers
Opportunities
- Growing Consumer Electronics Industry
- Technological Advancements in the Power Banks
- Rise in the E-Commerce Industry
Challenges
- Compatibility Issues for Wireless Charging
On 24th May 2019, Samsung launched a power bank with wireless charging and a wireless charger for the desk that can accommodate two devices at once. The Samsung Wireless Power Bank and the Samsung Wireless Charger Duo Pad, which can fast-charge compatible Samsung and non-Samsung devices, are now available for purchase in India.
Key Target Audience
Wireless Power Bank Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user