Power Bank Market Size, Share Trends Analysis Report By Battery Type (Li-polymer, Li-ion), By Distribution Channel (E-commerce, Brick Mortar), By Energy Source (Electric, Solar), By Capacity Range, By Region, And Segment Forecasts, 2023. 2030
The global power bank market size was valued at USD 13.48 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. The growth of this market can be attributed to the increase in the adoption of smartphones and other electronic devices, the growing power consumption of mobile devices due to technological advancements, the increasing affordability of power banks, and the extension in the reach of online retail platforms for end-users. One of the prominent drivers of the market is the growing use of smartphones and tablets. The number of smartphones in emerging markets, such as China, Brazil, and India, has increased owing to the reduced costs of mobile technologies.
The increase in the number of smartphones can be attributed to the changing lifestyle of consumers. This is likely to remain an important driving factor for the global market. In addition, power banks allow users to recharge their devices like tablets, smartphones, and other media devices with USB capability. Although the technology is developing rapidly for tablets and smartphones, their batteries are still left out with a limited capacity, which has augmented a high demand for power banks. The number of applications on smartphones is increasing, from shopping sites to ordering food online, however, their low-capacity batteries prove insufficient.
The limited capacity of smartphone batteries requires high battery power sources, which is expected to boost the market growth. With the development and innovation of more electronic devices, the demand for power banks is also increasing. Significant companies are introducing triple port-designed power banks to charge multiple devices. For instance, in July 2021, Xiaomi India introduced the Mi HyperSonic power bank. The new Xiaomi device has three USB Type-A and one USB Type-C connector, making it a triple port design. The power bank can fast-charge any device, including laptops or smartphones.
In addition to fast charging, it has a low-power charging mode for gadgets like fitness bands, Bluetooth headsets, smartwatches, and other low-power output devices. The increase in power consumption of electronic devices can be attributed to technological advancements and the Rapid growth of online retail platforms. The growing use of the internet and inadequate battery capacity of smartphones and other portable consumer electronic products are anticipated to continue to be the driving factors for power bank market growth. The increasing adoption and use of smartphones over the past years, due to changing lifestyles, has further led to a surge in product sales and will remain a key growth-driving factor.
over, as people become more aware of the importance of renewable energy, there has been a growing interest in portable power banks that use renewable energy sources, such as solar power. This trend is likely to continue as more consumers seek out eco-friendly power solutions. The popularity of outdoor activities and travel has also contributed to the growth of the market. As more people spend time outdoors, they need portable power sources to keep their devices charged. Overall, the market is expected to continue to grow in the coming years as more consumers rely on portable devices and seek out convenient and efficient power solutions.
The affordable product have further driven the market growth. The increasing domestic production assembly of power banks and the entry of new vendors have decreased prices. over, high competition among the manufacturers is leading to competitive product pricing. Power banks demand a lower capital investment for setting up a manufacturing facility and are fast-moving consumer electronics. The competition among manufacturers is anticipated to intensify over the forecast period. The global market is dominated by several players operating in international as well as national-level markets.
Capacity Range Insights
The 8,001 mAh-20,000 mAh segment accounted for a market share of 35.0% in 2022 and is expected to generate the highest revenue over the forecast period. The 8,001 mAh-20,000 mAh capacity range segment is known as High-capacity power banks. The demand for these high-capacity power banks is increasing as more consumers seek to charge their devices multiple times without having to recharge the power bank itself. Extensive digitization is the major factor driving segment growth. Due to the heavy usage of the internet, insufficient battery capacity of smartphones and other mobile consumer electronic products would remain a key driving factor for the growth market.
The penetration of smartphones has led to an increase in data consumption. Smartphones have transformed into high energy-consuming devices, which constantly drain the power of a battery owing to the usage of multiple apps for internet browsing, sending emails, personal entertainment, messaging, gaming, and other activities. As the current battery technologies failed to match up with the increasingly capable smartphones, handset manufacturers got back to the drawing boards and made the mobile consumer electronics economical to energy hence downsizing the hardware, so that there remains more space for a big battery. The 8,001 mAh-20,000 mAh segment is expected to witness significant growth over the forecast period owing to the ability of these power banks to charge a device multiple times.
Energy Source Insights
The electric segment accounted for the largest revenue share of 72.8% in 2022. They offer benefits, such as easy availability, low cost weight, and compactness, and are suitable for charging moveable electronic devices. These features are contributing to the growth in demand. The solar segment is expected to grow at a CAGR of 9.3% from 2023 to 2030. With the increasing popularity of solar panels and other renewable energy sources, there is a growing trend toward power banks that can be charged using renewable energy. Some power banks are designed to be charged using a built-in solar panel, while others can be charged using a separate solar panel or wind turbine. over, the growing popularity of solar energy as an environmentally friendly alternative is projected to boost the market during the forecast years.
Most of the users possess multiple electronic devices, hence they need a portable energy source, which simultaneously can recharge multiple devices. This is attributed to creating sustainable demand for the industrial power bank. Industrial power banks are designed as a portable energy storage system that allows companies to seamlessly continue operations using “instant-on” backup power for their industrial devices.
Battery Type Insights
The Lithium-ion (Li-ion) battery segment held the largest revenue share of 80.4% in 2022. Li-ion batteries offer numerous advantages, such as relatively low self-discharging, high energy density, and low maintenance. The energy density of lithium-ion batteries has been steadily increasing over the years, allowing for smaller and lighter power banks with higher capacities. over, as charging time is a key consideration for many consumers, fast-charging technology has become increasingly popular in the market. Some power banks now support fast charging protocols, such as Qualcomm Quick Charge or USB Power Delivery, which can significantly reduce charging times.
However, Li-ion batteries are expensive to produce, due to the high material costs and complex preparation processes involved in it. The Lithium polymer (Li-polymer) battery segment is expected to grow at a CAGR of10.3% from 2023 to 2030. Li-polymer batteries are flat-shaped, lightweight, and moldable. These features enable electronic device producers to manufacture compact and sleek electronic products. Li-polymer batteries are widely preferred, have a flexible form factor, and are safe as compared to other batteries. Low-cost smartphone manufacturers (such as Xiaomi) are also manufacturing power banks, which is estimated to be one of the major factors supporting the market growth.
Distribution Channel Insights
The e-commerce segment dominated the market with a revenue share of 52.9% in 2022. The e-commerce channel segment is also expected to witness substantial growth over the forecast period owing to the growing penetration of the internet. The segment is expected to witness the highest growth in the Asia Pacific region over the forecast periodowing to growing urbanization. India, China, and other Southeast Asian countries are witnessing robust industrial development and widespread urbanization. High internet penetration and digitization in different verticals are further expected to further propel market growth in these countries.
Companies, such as Alibaba and Flipkart, offered retail platforms for users to gain access to a wide range of products.The physical stores provide benefits, such as personalized customer service, offers, exclusive deals, and value-added services, such as device repair, and also provide engaging in-store experiences, which increases customer satisfaction. However, traditional retail stores have faced challenges in recent years due to the growth of e-commerce. The online retail channel is growing exponentially worldwide.
Multi-brand and multi-category retailers are driving the growth of the e-commerce channel segment. Earlier, e-commerce was associated mainly with electronic gadgets, apparel, and appliances. However, it is now becoming more popular across various sectors and industries. over, the Rapid growth of the existing online marketplace would be a driving factor for the growth of the power bank industry along with other consumer electronic products market.
The Asia Pacific region dominated the market with a revenue share of 50.6% in 2022. The growing population, large-scale digitization, availability of affordable power banks, and penetration of e-commerce in the electronics industry are driving their use in this region. The Asia Pacific regional market is expected to witness a significant gain in revenue share over the forecast period owing to the growing number of users of electronic devices and the high demand for e-commerce across various industries. The Covid-19 pandemic had an adverse impact on the market in the Asia Pacific region. Due to the pandemic, China’s output of consumer electronics is dropping. However, regular product introductions by major companies could accelerate sales.
For instance, in June 2020, despite the Covid-19 scenario, Xiaomi released a 30K mAh power bank with fast charge technology. Furthermore, a significant market share in the North American and European regions, the Asia Pacific, and Middle Eastern African regions are yet to experience a proliferation in online retailing and depend mostly on hypermarkets and direct selling. The Asia Pacific regional market is expected to witness the fastest growth rate over the forecast period owing to extensive urbanization and a rapidly growing industrial sector. The developing economies of the APAC region, such as China, India, South Korea, and other Southeast Asian countries, are turning into major global manufacturing hubs.
Key Companies Market Share Insights
The key players, such as Beijing Xiaomi Technology Co., Ltd.; Microsoft Corporation; and Sony Corporation, are concentrating on undertaking strategies, such as new product launches, to deliver improved devices to their customers and extend their business worldwide. For instance, in May 2022, Zendure, a U.S.-based power bank manufacturing company introduced SuperMini GO, a wireless power bank with magnetic docking that is compatible with MagSafe. The gadget provides up to 15W of wireless power while wirelessly charging Qi-compatible mobile devices, such as phones and tablets. It also magnetically attaches to MagSafe items for a secure connection. Some of the prominent players in the global power bank market include:
- Ambrane India Private Ltd.
- Anker Technology Co. Ltd.
- ASUSTeK Computer Inc.
- Beijing Xiaomi Technology Co., Ltd.
- Intex Technologies
- Lenovo Group Ltd.
- Microsoft Corporation
- Panasonic Corporation
- Samsung SDI Co., Ltd.
- Sony Corporation
Power Bank Market Report Scope
Market size value in 2023
USD 17.78 billion
Revenue forecast in 2030
USD 31.06 billion
CAGR of 8.3% from 2023 to 2030
Base year for estimation
Graphene Power Banks
Graphene power banks are a game-changer when it comes to fast, safe, and reliable charging. Unlike pure lithium polymer batteries commonly used today, graphene introduces higher energy density and conductivity. resulting in a lighter and more longer-lasting battery pack.
Graphene power banks are made for people on-the-go, who need their devices around the clock. They are designed to give your USB device a fast charge when you need it most, and wherever you need it. Packing a serious punch, our Flash series of graphene chargers are compatible with all USB-C PD and USB-A wireless smartphones and devices.
What’s more, our graphene fast power banks can support multiple devices at once, truly replacing all your chargers and wireless pads with the one high-speed device.
See why our customers love using their Flash 2.0 Powerful Fast Efficient: This powerbank recharges from 0% to 100% in only 1hr 10min (20,000mAh) or 80% (16,000mAh) in only 35 minutes, making it 10 x faster than traditional power banks Double the USB-C ports: 1 x USB-C port supports 100W Power Delivery. 1 x USB-C port supports 60W Power Delivery 3.0. Both USB-A ports are QC3.0SVOOCFCP compatible Graphene Battery: These Tesla batteries have been specially designed in partnership with Panasonic LED Indicator: Inbuilt numbered LED indicator with high accuracy so you know exactly how much juice you have left so you’re never left guessing. This is only possible with graphene power banks as the accuracy of numbered indicators with standard li-ion batteries is very inconsistent Convenient 5 Devices At The Same Time: Battery pack for your USB-C laptops, tablets, mobile phones and any other USB device you may own. We’ve created the Swiss army knife of power banks- one that can charge all your wired and wireless devices, truly replacing all your chargers and wireless pads with just 1 device Apple Fast Charge: Supports Apple fast charge for iPhones, Airpods and even Apple watches Qi Certified Wireless Charge: Flash supports 10W Fast Wireless Charging for all wireless devices including phones and Apple Airpods Apple Watch Wireless Charge: Our wireless pad features a 2.5W Apple Watch coil to charge your Apple Watch at full speed. Apple Watch users know the frustration of having to always carry their wireless pad around since it’s so hard to find wireless pads and power banks that also work with your Apple Watch Airline Safe: TSA/EASA approved making it safe for airline travel.Sized: Despite all the power, Flash comes in a.sized lightweight 500g (1.1lb) so you can power all your devices, wherever you go Safe Pass Through Charging: Through the 60W port so you can charge up your MacBook Pro and Flash 2.0 at the same time. Low Temperature: Graphene battery technology allows Flash to fast charge at low temperatures compared to standard batteries. Flash will never go above 50°C (122°F) unlike competitor power banks which can reach 70°C (167°F) ensuring it is safer and also longer lasting 5 yrs Battery Life: One of the most useful features of the graphene composite feature is that it is longer lasting than traditional batteries. Flash is rated to last 2,000 life cycles compared to 500 cycles. This means you can use Flash every single day for 5 years and it would still seem like it’s brand new Aircraft Grade Aluminium Shell: Strong yet thin and malleable enough to follow the lines of the battery cells, wrapping and protecting it with minimal space wastage. Aluminium is very good at heat dissipation to keep the battery cool at all times. A minimalist aluminium design that’s efficient, functional and matches the MacBook perfectly Certifications: Our power banks are put through a number of rigorous industrial tests to maintain it’s FC, CE, ROHS, MSDS certification Featured In Cult of Mac. Flash powerbank promises speedy recharges with graphene batteries Geek News Central. total beast of battery pack, packing in a beefy 20 000 mAh of charge and delivering power to five devices simultaneously at a total rate of up to 210. Stuff. considerable amount of oompf in a relatively small box Chipin. The only powerbank in the market which can fast charge smartphones, MacBooks and even an Apple Watch Android Central. There’s a lot to like here, and I’m very much happy to see more batteries that are big in adaptability without being too big to comfortably fit in a daypack KitGuru. ideal companion for people who need to power multiple devices when travelling As Featured In
3 Devices At The Same Time: 75W combined output charging 3 devices simultaneously Universal: Battery pack for your USB-C laptops, tablets, mobile phones and any other USB device you may own. Apple Fast Charge: Supports Apple fast charge for iPhones, Airpods LED Indicator: Inbuilt numbered LED indicator with high accuracy so you know exactly how much juice you have left so you’re never left guessing. This is only possible with graphene power banks as the accuracy of numbered indicators with standard li-ion batteries is very inconsistent Airline Safe: TSA/EASA approved making it safe for airline travel Low Temperature: Graphene battery technology allows Spark to fast charge at low temperatures compared to standard batteries. Certifications: Our power banks are put through a number of rigorous industrial tests to maintain it’s FC, CE, ROHS, MSDS certification
Does Flash use graphene batteries?
Flash, Chargeasap’s most powerful graphene power bank, integrates Panasonic graphene composite batteries. Panasonic stays at the forefront of battery technology, and its revolutionary batteries allow them to charge faster than ever before.
These batteries have been specially designed a pioneer in the electric vehicle space in partnership with Pansonic who is the manufacturer. Only recently launched in 2019 and still not widely available publicly, this battery is currently the highest energy density battery in the world. Our Flash graphene power bank is also the world’s most powerful 210W USB-C power bank with 20,000mAh capacity utilizing 4 x 21700 lithium polymer graphene composite battery cells.
What are the Graphene power banks?
Graphene power banks are essentially portable power banks enhanced with graphene batteries.
Graphene is the world’s most conductive material with ultra-high thermal conductivity, drastically increasing charging times. Instead of having to wait for hours for your device to charge, plugging into a graphene battery bank can take your device to full charge in just minutes. Our Flash graphene charger can have a full charge in just 1 hour and 10 minutes (20,000mAh) or 80% (16,000mAh) in only 35 minutes. making it 10 times faster than traditional portable power banks.
While traditional lithium-ion batteries are expected to last to up around 500 charge cycles, graphene-enhanced batteries triple this with an estimated 1500 charge cycles! Furthermore, a graphene battery’s lifetime is much longer than lithium-ion’s two to three-year lifespan.
Graphene batteries are an emerging technology. The material itself is a composition of carbon atoms tightly-bound in a honeycomb structure. It’s so lightweight, that this structure is a mere one atomic layer thick, essentially making graphene a 2D structure.
Due to the high production costs of graphene, power banks using graphene technology are relatively new and not widely mass-produced.
Do Graphene power banks charge fast?
Graphene offers higher electrical conductivity than that of lithium batteries. This means faster-charging cells that can deliver very high currents resulting in super-fast charging times.
Lithium-ion stores up to 180Wh of energy per kilogram while graphene can store up to 1,000Wh per kilogram. The ultra-fast charging times is one of the best and biggest aspects of graphene battery technology.
While there are technologies in place for fast-charging lithium-ion batteries, they still carry some limitations. Pumping in too much wattage could result in the battery breaking or even blowing up.
The difference with graphene battery power banks is that they can substantially shorten the charging time from zero to full. For example, a 3,000mAh lithium-ion battery can take up to 90 minutes to charge, while a graphene battery at the same capacity will charge in roughly a fourth of that time. Graphene is just better at handling higher wattages of electricity which sets them apart from lithium batteries.
What is a Graphene battery?
Graphene is a fantastic conductor of heat and electricity. Unlike lithium, that doesn’t fair as well when you put a lot of energy in or out of it, graphene is the world’s most conductive material. making it a game-changer for battery technology.
Graphene is very light, and even 5 sheets of it will only end up being 5 atoms thick. This means graphene batteries are exceptionally light and transportable. A perfect partner for portable power banks.
Graphene batteries are well-established and come in many forms. It can be used to power anything from watches to electric cars.
Are Graphene batteries the future?
These batteries are still relatively new and will take some time to become more widely available as the technology is still progressing. However, once they do, you can expect to see graphene batteries used in nearly all electrical appliances and devices.
In the future, graphene batteries should replace lithium-ion batteries. Big technology companies are aware of the limitations lithium has, and are already embracing ways they can begin manufacturing graphene batteries on a larger scale. For, not only are these batteries high-performing, but they’re also more environmentally-friendly than lithium-ion overall and can be much more easily recycled.
The biggest obstacle to overcome right now is the extremely high cost of manufacturing. However, as popularity and demand grow, production can become more refined and cost-effective. allowing the market to become more widely adaptable.
At this present time, one of the most viable ways to integrate graphene batteries into devices is by using it in conjunction with traditional lithium-ion batteries.
As such, major companies such as Tesla Motors, Samsung, and Microsoft are hinting at the development of next-generation graphene batteries that may lead us into the future advancement of battery technology.
With Chargeasap, you can get in on the action already with our existing graphene power banks set to change the way you charge!
How do Graphene power banks work?
Graphene power banks work in the same way as a traditional lithium-ion power bank, the difference is that with graphene-enhanced batteries. such as what’s used in the Chargeasap Flash. you will experience:
- Larger battery capacity: with 5x the battery life of an iPhone 11
- Faster charging: Single USB-C port supporting 100W USB-C Power Delivery for devices including MacBook 16. Both additional USB-A ports support 18W QC3.0 and 40W Huawei Supercharge, Oppo Vivo Flash Charge
- Cross-compatibility: 150W output charging 4 devices simultaneously
- Lower temperature: Flash will never go above 50°C (122°F) unlike competitor power banks which can reach 70°C (167°F)
- -sized lightweight device: Despite all the power, Flash comes in a.sized lightweight 470g (1lb)
- Apple Fast Charge: for iPhone, Airpods, and Apple Watch
- Qi Certified Wireless Charger
- Apple Watch Wireless Charger
- Pass-through charging
- 5 years of battery life
Graphene as a material, can improve such battery attributes as listed above and help power banks achieve greater optimization and performance. For anyone reliant on their daily device and requiring super-fast portable charging, a graphene battery power bank is your answer.
Our products have been tried and tested by some of the most respected tech reviewers and publications in the world
As Reviewed By
Christian Zibreg (iDownload Blog)
Omega: With this compact, powerful adapter, I was able to fast-charge four devices simultaneously, including my MacBook Pro, iPhone XS Max, iPad Pro and an Android phone.
Rajesh Pandey (iPhone Hacks)
The Omega 200W GaN charger, in my opinion, is the perfect GaN charger for power users who frequently charge multiple devices together.
Ivan Mehta (The Next Web)
Flash: I have used this device for several weeks now, and it packs some impressive features for a power bank
Ara Wagoner (Android Central)
If you want to charge a laptop and have a Huawei, OnePlus, or Oppo phone, though, the Flash is right up your alley, and I’d recommend snagging one of those
David Flynn (Executive Traveller)
Chargeasap’s Flash is like having a Tesla powerwall in your Five outlets, 170W output, 20Ah capacity and Smart charging makes this the ultimate bit of kit for the road warrior.
Brad Moon (Forbes)
The charge tips connect to the cable magnetically, and they do so vigorously. If a tip came within a few inches of the connector, it flew across and snapped into place
Adrian Kingsley-Hughes (ZDNET)
Omega: Get the power of four chargers for pretty much what a single Apple 96W USB-C charger costs.
Zach Laidlaw (Android police)
When you first see the Omega 200W, you won’t believe that it actually delivers as much power as it does.
Industrial power bank
Power Bank Market Size, Share Industry Analysis, By Battery Type (Lithium-Ion, Lithium Polymer), By Power Ratings (Up to 3000 mAh, Between 3000 to 8000 mAh, Between 8000 to 20,000 mAh, Above 20,000 mAh.), By End-User (Consumer Power Banks, Industrial Power Banks), By Distribution channel (Online, Offline) And Regional Forecast 2023-2030
The power bank is an electronic product widely used as power storage for charging other electronic products and systems. Increasing adoption of smartphones, tablets, notepads, and other products such as headphones, digital watches excels the demand for power banks. Power banks solve the problem of power shortages and provide the necessary power supply to the device connected to it. Emergence in new technologies such as IoT, artificial intelligence, mixed reality coupled with internet penetration has fuelled the introduction of new technology products and their power requirements, and this fuels the growth of the power bank market.
New circuit designs, enhanced power supply ranges, and USB ports feature flourishes the demand for power banks among consumers. Key players such as Samsung Electronics, Sony Corporation, Xiaomi Corporation are used to sell power banks and other electronic products under a similar brand name; this helps them to sell more quantities of power banks by the brand effect. The wide use of social media applications, games, and video streaming reduces the life of the battery, which ultimately fuels the necessities of power banks.
Increasing demand for smartphones and other electronic devices such as tablets, notepads, digital watches, headphones fuels the need for power banks. According to the GSMA Association, the number of unique subscribers is projected to reach 5.9 Billion by 2025, equivalent to 71% of the global population.
Also, increasing the use of hydrogen and solar cells in power banks has reduced the dependencies of the electrical energy of the devices to some extent and has changed power banks from backups chargers to an independent source of energy. The efficient distribution channel of the consumer electronics industry helps to excel in the supply of electronic products to meet the demand of the global population; this, in turn, is expected to drive the power bank market. Reduced costs of power bank and increasing charging speed attracts the consumers to purchase and drives the global market.
Government initiatives in setting up charging infrastructure in public places such as airports, railway stations, offices may hamper the demand for power banks.
Key industry players:
The global power bank market involves various key players such as Lenovo Group Ltd., Microsoft Corporation, Sony Corporation, Intex Technologies, Ambrane India Pvt. Ltd., Xiaomi Technology Co. Ltd., Anker technologies, Panasonic Corporation, ASUSTeck Computer, GP Batteries, etc.
The global power bank market is segmented, by battery type, by power ratings, by end-user, by distribution channel, and by geography. Based on the battery type, the power bank market is segmented into lithium-ion and lithium polymer. Lithium-ion battery category is expected to hold the major share of the global market due to its higher power density, lesser memory effect, and cost-effective than that of lithium polymer batteries. However, lithium polymer batteries segment is anticipated to grow during the forecast period 2020-2027 owing to its robustness, flexibility, and less combustible as compared to lithium-ion batteries segment.
Based on power rating, the global power bank market is segmented into the power ratings up to 3000 mAh, Between 3000 to 8000 mAh, between 8000 to 20,000 mAh, and above 20,000 mAh. Power bank with the ratings between 8000 mAh to 20,000 mAh segment is expected to own the largest share of the global power bank market. Power banks with a capacity of 8000 mAh to 20,000 mAh generally use lithium-ion batteries, which has a longer life span of charging with higher power efficiency. Additionally, these power banks are lesser expensive than the power banks of ratings above 20,000mAh.
By end-user, power banks are categorized into consumer power banks and industrial power banks. Consumer power bank’s category is projected to own the major share of the global power bank market owing to an increasing number of internet users coupled with global smartphone penetration, need for higher battery capacity, and increasing expenditure of the populations. However, industrial power banks are expected to be the fastest-growing due to the increasing necessities of the uninterrupted power supplies in various industrial electronic systems.
Based on geographical regions, the global power banks market can be segmented into areas such as North America, South America, Asia Pacific, Europe, Africa, and the Middle East.
Asia Pacific region is expected to be the fastest-growing region owing to the evolving electronics industry in some developing countries such as China and India. According to the Indian Brand Equity Foundation (IBEF), the Indian electronics industry is expected to grow at a rate of 41% and reaches USD 400 Billion as of 2020. In Addition to these increasing investments in the electronics industry helps in the growth power bank market. According to, Thailand Board of Investment, the investment value growth rate in the electronic industry was estimated at 6.3% in 2018 from 0.9% in 2017. Also, increasing export capabilities of the electronics products flourish the power bank market.
North America is expected to hold the major share of the global power bank market owing to the largest adoption of smartphones in the region. According to GSMA Intelligence, 80% of the population of North America holds technology-based smartphones which is much larger than other regions and is expected to grow up to 91% in 2025.
By Battery Type
By Power Ratings
By Distribution channel
- Asia Pacific (India, China, Japan, Australia, and Rest of Asia Pacific)
- North America (USA, Canada, and Mexico)
- South America (Brazil, Argentina, Peru, and Chile)
- Europe (Germany, Spain, U.K., Italy, France, Russia, and others).
- Middle East Africa (GCC, Southern Africa, and Northern Africa)
The Best Portable Chargers and Power Banks for 2023
Is your phone, tablet, or laptop typically in the battery red zone before the day’s end? These portable chargers and power banks give you the most boost when you’re out of juice.
I love portable technology—if you can put it in a or a bag, I’m probably into it. I’ve covered phones and tablets of all shapes and sizes, and reviewed everything from game consoles to laptops in my decade-plus career. Prior to joining PCMag, I wrote articles for Android Authority, How-To Geek, MUO, New Atlas, Tom’s Hardware, and plenty of other tech publications.
Apple MagSafe Battery Pack (Credit: Steven Winkelman)
Watching your phone or tablet steadily run out of power when you’re nowhere near an outlet is stressful. Fortunately, third-party portable batteries are available in many sizes and capacities. Some power banks offer fast charging, wireless charging, built-in cables, AC adapters, and LED flashlights—and even the ability to jump-start your car. Regardless of your budget, you can find a portable charger that keeps your device going when your battery icon starts to dip into the red.
But with so many options to choose from, how do you know which one is right for you? Read on for our tips, followed by the most important points to consider as you shop.
Recommended by Our Editors
Best Affordable PD Power Bank
Anker PowerCore Slim 10000 PD
Why We Picked It
Despite its reasonable price, the Anker PowerCore Slim PD 10000 offers high-end features like USB Power Delivery for fast charging, as well as both types of USB ports.
Who It’s For
This 10,000mAh charger doesn’t have the highest capacity, but it’s more than enough for people who need just a little extra power throughout the day and don’t have the patience for slow charging speeds.
Best Ultra-Portable Power Bank
Anker 321 Power Bank (PowerCore 5K)
Why We Picked It
A huge battery capacity is convenient, but sometimes you need a small device that you can carry around without a backpack. The 5,200mAh Anker 321 Power Bank fits that need perfectly, especially because it offers both a USB-A and USB-C port.
Who It’s For
This is ideal for people who care more about portability than capacity. It won’t charge your phone multiple times, but it can still get you through a long day.
Best for Charging Laptops
Anker 737 Power Bank
Why We Picked It
The Anker 737 features 140W output, which means it can charge bigger, more power-hungry devices like a laptop just as effortlessly as it can juice up a phone or tablet.
Who It’s For
If you often need to charge a laptop when you’re nowhere near an outlet, this 24,000mAh backup battery can lower your stress levels. It’s more expensive than other options on this list, so people who tend to charge smaller devices like phones or tablets are better off with the more affordable choices.
Apple MagSafe Battery Pack
Why We Picked It
True to its name, Apple’s MagSafe Battery Pack is notable for its MagSafe support. You can simply stick it to the back of your phone to charge it wirelessly.
Who It’s For
If you need to keep your iPhone running while away from home, you won’t find a more convenient solution. People with older iPhones (before the iPhone 12) need to look at other options, though, as MagSafe isn’t supported.
Best High-Capacity Power Bank
Mophie Powerstation XXL
Why We Picked It
The Mophie Powerstation XXL does it all—it has a considerable 20,000mAh capacity, 18W PD charging, and both USB-A and USB-C ports.
Who It’s For
If you’re looking to recharge a phone or tablet several times on the go (and quickly), this is a top choice. The only drawback is that it doesn’t support larger devices like laptops.
Most Durable PD Power Bank
Otterbox Fast Charger Power Bank
Why We Picked It
Many people know Otterbox for its durable phone cases, but the company is now bringing that expertise to the world of power banks. In addition to its strong build quality, the Otterbox Fast Charger Power Bank has all the key features you need, such as fast charging with PD, both types of USB ports, and several options for battery capacity.
Who It’s For
If you are worried about damaging your backup battery when you travel or commute, this is one of the safest bets. It also comes with a limited lifetime warranty.
Best Solar-Powered Portable Charger
QiSa Solar Charger
Why We Picked It
The QiSa Solar Charger can use the sun to recharge itself, supports both wired and wireless charging, and even has a built-in flashlight. Best of all, it offers a massive 38,800mAh capacity.
Who It’s For
If you spend a lot of time outdoors, this is among your best choices for keeping your devices running while off of the grid. In other words, it’s camping approved.
What Size Battery Do You Need?
On the.friendly front, most smaller batteries have a capacity of around 5,000mAh, which is typically enough to top up most phones once.
Meanwhile, a 10,000mAh battery can give today’s flagships two full charges. A 20,000mAh battery can charge a flagship four times, or two phones two times. Some power banks have enough juice to power laptops. Of course, a higher capacity often translates to a heavier, larger, and more expensive battery.
Most companies advertise how many times their products can recharge popular phones, but if you want to calculate that number for yourself, RAVPower has a useful guide (Opens in a new window) that can give you an estimate.
In the end, it’s best to assess your typical needs before buying. If your phone hits the red zone by mid-afternoon and you only need enough juice to get you to the end of the workday, a 5,000mAh battery should be plenty.
What’s the Difference Between Power Input and Output?
You’ll find three types of ports on today’s portable batteries:
Generally speaking, you charge the battery itself via micro USB or USB-C (input). Some batteries charge faster than others and USB-C charges much faster than micro USB.
Nearly all batteries include a standard USB-A port (output). This is for plugging in USB-A-to-micro-USB, USB-A-to-Lightning, or USB-A-to-USB-C cables for charging your iPhone or Android device.
Some batteries include built-in output cables and these generally have micro USB, USB-C, or Lightning connectors.
The most important thing to do is to match the battery’s output to your phone’s input. For example, if you have an iPhone, be sure the battery has its own Lightning connector or supports USB-A-to-Lightning or USB-C-to-Lightning cables.
Larger batteries with higher capacities might include a multitude of ports to support input and multiple outputs at the same time. You may see two USB-A and two USB-C ports, for example, though micro USB ports are becoming less common.
If you picked up an iPhone 13 or iPhone 14 and were surprised by the lack of an included wall charger, see our article on charging your iPhone.
What Is Fast Charging?
Another factor to consider is how quickly a power bank can charge your device. Battery output is measured in voltage and amperage. Amperage (or current) is the amount of electricity that flows from the battery to the connected device, while voltage is the amount of potential energy. Multiplying volts by amps gives you wattage, the measure of total power. To make devices charge faster, most manufacturers either vary the voltage or boost the amperage.
Today’s devices support a wide range of Rapid-charging technology, such as Qualcomm QuickCharge, USB Power Delivery, or proprietary fast-charge systems.
Quick Charge works by increasing voltage rather than amperage. This standard typically allows you to charge supported phones to 50 percent capacity in 30 minutes, which is especially helpful when you need power in a pinch.
Power Delivery is a newer protocol in which two compatible devices negotiate on the fastest charging option available based on the charger, cable, and circuitry. It also allows for power to flow both ways.
The most common devices (Apple iPhones and Samsung Galaxies) support charging rates of 27W and 45W, respectively. It’s best to look for batteries that can support charging in that range.
Is Pass-Through Charging Safe and Useful?
Pass-through charging is another feature to consider; with it, you can charge devices and the portable power bank simultaneously. That’s convenient if both your phone and backup battery are running on empty. You shouldn’t encounter any safety issues if the manufacturer of the portable battery you buy advertises pass-through charging as a feature, but the power output might change in this mode.
How Does Wireless Charging Work?
Wireless charging has become popular because it allows you to power up compatible devices without a cable. Qi is the dominant standard for compatible Android phones (up to 18W) while Apple iPhones rely on MagSafe charging (up to 15W). iPhones will charge wirelessly on Qi chargers, but only at 7.5W.
Some battery makers have built Qi or MagSafe-compatible wireless charging into the surfaces of their portable batteries. Such batteries mean you can leave the cables at home.
Should You Buy a Battery Case Instead of a Power Bank?
If you find that you often forget to carry your backup battery when you need it most, you should consider a dedicated battery case instead. These combine the portability and protection of a case with additional battery capacity to keep your phone topped off at all times.
There are several drawbacks. First, they have limited additional capacity on board. Second, they are limited in terms of the number of phones they support (mostly just iPhones, Galaxies, and Pixels). Third, you can’t charge much else with them.
The Best Wireless Chargers
Why fumble around for a charging cable when you can rest your phone on a wireless charging pad? Whether you’re an Android user or an iPhone fan, check out our roundups of the best wireless chargers and the best MagSafe chargers to help you cut the cord.
Steven Winkelman contributed to this story.