“GCC Power Bank Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the GCC power bank market based on its segments including product type, battery type, power ratings (capacity), application, region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028
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Power banks are portable chargers that are used to recharge electronic gadgets on the go. They are generally made from lithium-ion (Li-Ion) and lithium-polymer (Li-Po) batteries. Power banks are categorized into various types, such as universal or standard, solar, slim devices, pocket-sized, higher-capacity, etc. Furthermore, the universal chargers can be charged through conventional USB sources, whereas the solar ones use both USB chargers and sunlight. On account of their convenient nature, power banks find extensive utilization in charging several devices, including portable speakers, laptops, mobile phones, cameras, etc.
GCC Power Bank Industry Trends and Drivers:
The growing utilization of smartphones, tablets, digital watches, headphones, and several other consumer electronic goods that require frequent recharging is primarily driving the GCC power bank market. Moreover, the increasing adoption of power banks among technologically advanced customers due to their portability, durability, fast charging, and cost-effectiveness is further catalyzing the market growth. Additionally, the development of innovative product variants, such as the introduction of portable power strips with built-in wireless charging, is acting as another significant growth-inducing factor. In line with this, the launch of power banks with fast charging, dual USB ports that help provide two times more charging speeds, and multiple device compatibility is also contributing to the market growth. Additionally, several other factors, including the development of solar and hydrogen fuel cell-based power banks, increasing availability of power banks on e-commerce platforms, and inflating disposable income of consumers, are expected to propel the growth of the GCC power bank market in the coming years.
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|GCC Power Bank Market Report Scope|
|Base year for estimation||2022|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Product Type, Battery Type, Power Ratings (Capacity), Application, Region|
|Regional scope||Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, Bahrain|
|Customization Scope||In case our report does not include the required data, you can reach out to our analysts for customization per your needs.|
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GCC Power Bank Market Segmentation:
The market is segmented in on the basis of product type, battery type, power ratings (capacity), application, region.
By Product Type:
- Portable Power Banks
- Solar Power Banks
- Battery Cases
By Battery Type:
By Power Ratings (Capacity):
- Below 3,000 mAh
- 3,001 mAh – 8,000 mAh
- 8,001 mAh – 20,000 mAh
- Above 20,000 mAh
- Portable Media Devices
- Saudi Arabia
- United Arab Emirates
The key regions covered in the market report are Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain. Moreover, the report also focuses on factors that strengthen revenue potential, demand, and consumption patterns in the market.
The report also provides insights on the competitive landscape of the GCC power bank industry with the leading players profiled in the report.
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