According to a new market report published by Credence Research, Inc., “High Capacity Power Banks Market (Exceeding 20,000 mAh) (By End-use Application (Consumer (Personal and Outdoor Applications), Industrial (Disaster Preparedness, Fire Rescue, Resource Extraction, Law Enforcement, Construction, Foreign Aid, Healthcare, Robotics, Events, and Other Applications)), By Product Type (Portable Power Banks, Solar Power Banks), By Power Rating (20,000 mAh – 80,000 mAh and Above 80,000 mAh)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the high capacity power banks market in North America is expected to witness grow at a CAGR of 18.3% during the forecast period 2016 to 2023.
A high capacity power bank is a battery charging device used for charging a high power rating rechargeable battery or secondary cell. The demand for high capacity power banks in North America is supported by the rising instances of power outages and blackouts hampering the overall output and profits in industrial and commercial sectors. The need for uninterrupted power supply coupled with the drive towards green energy products is expected to support demand for high capacity power banks over fuel powered power generators in industrial applications. Improved standard of living, rise in consumer disposable income and evolving digital habits of consumers has ensured large base of consumers with two or more battery operated electronic gadgets, thereby supporting demand for high capacity power banks. Lack of awareness among end-users coupled with the availability of established substitutes has hampered the uptake of high capacity power banks in North America.
Browse the full High Capacity Power Banks (Exceeding 20,000 mAh) Market (By End-use Application (Consumer (Personal and Outdoor Applications), Industrial (Disaster Preparedness, Fire Rescue, Resource Extraction, Law Enforcement, Construction, Foreign Aid, Healthcare, Robotics, Events, and Other Applications)), By Product Type (Portable Power Banks, Solar Power Banks), By Power Rating (20,000 mAh – 80,000 mAh and Above 80,000 mAh)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/north-america-power-banks-market
The market for high capacity power banks is highly consolidated. The leading four manufacturers accounted for the major chunk of the North America market revenue share in 2015. In order to sustain and compete, manufacturers are required to focus on product enhancement and innovation. An established and robust distribution channel is requisite and manufacturers in the region are focusing on strengthening their marketing and distribution channels to improve product penetration and market position. Since power banks are generally considered as a consumer product, the manufacturers must focus on positioning and marketing these products for industrial and commercial applications. Some of the leading and promising high capacity power bank manufacturers identified in the research study includes Goal Zero Corporation, Gridless Power Corporation, Limefuel LLC., Sony Corporation, Anker, and IEC Technology LLC among others.
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Name: Chris Smith
Designation: Global Sales Manager
Web: Credence Research
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Address:105 N 1st ST #429
City: SAN JOSE
Country: United States