The global mobile power market is about $10.7 billion in 2019.
Time:2019-10-29
With the continuous innovation of integration technology, various software applications have led to increased power consumption and lower prices of smartphones, and the mobile power market will grow steadily during the forecast period. In addition to smartphones, tablets, portable media players, wearable devices, digital cameras and other product applications are also adding market opportunities for mobile power.
In terms of battery type, lithium-ion batteries account for the largest share of the mobile power market in 2018. With its high energy density, relatively small volume, and low production and maintenance requirements, lithium-ion batteries will continue to dominate the mobile power market during the forecast period.
In terms of product types, mobile power products with more than 2 USB ports will grow at the highest compound annual growth rate. The mobile power supply with more than 2 USB ports has security protection technology and ultra-fast charging technology, and has high battery capacity, which can simultaneously charge multiple electronic devices. These portable chargers also have different USB port types, such as the Type-C USB port.
In terms of regional markets, the Asia Pacific region has the largest mobile power market share in 2018, followed by North America and Europe. Major developing economies in the Asia-Pacific region, such as China and India, have huge market potential for mobile power. In China, Japan, South Korea and other countries, the demand for portable consumer electronic devices and next-generation electronic products is growing, which drives the market for mobile power in the Asia-Pacific region. It is expected that the Asia Pacific region will continue to occupy the largest market size during the forecast period.


