The Rapid increase in the adoption of electronic devices and rising penetration of the internet are expected to drive the wireless power bank market
May 18, 2023 13:00 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, May 18, 2023 (GLOBE NEWSWIRE).- Transparency Market Research Inc. – The global wireless power bank market is projected to grow at a CAGR of 5.8% from 2023 to 2031. As per the report published by TMR, a valuation of US 2.4 billion is anticipated for the market in 2031. As of 2023, the market for wireless power banks is expected to close at US 1.6 billion.
Wireless power banks are convenient charging solutions for multiple devices. There are different types of wireless power banks available in the market such as magnetic power banks, laptop power banks, and Wi-Fi power banks. Increasing demand for a portable power solution during outdoor activities, travel, and in emergencies, wireless power banks are the ideal solution to keep devices charged.
Increasing adoption of electronic gadgets such as smartphones, laptops, and tablets across the world is expected to fuel the growth of the wireless power bank market.
Increasing disposable income and surging urban population and increased use of power banks to charge smartphones and other devices are expected to spur the demand for wireless power banks during the forecast period.
Key Takeaways from the Market Study
- As of 2022, the wireless power bank market was valued at over US 1.5 billion
- By type, lithium-ion battery to enjoy high demand, as it offers high density and is affordable.
- Based on the application, the smartphones segment generates high revenue
- Online distribution channel segment to gain significant traction
Wireless Power Bank: Key Trends and Opportunistic Frontiers
- Increasing expansion of the e-commerce sector along with the adoption of electronic devices that require fast charging boost the sales of the wireless power banks market
- Increased research development activities by market players and the addition of fast charging and high capacity power bank with advanced capabilities offers an opportunity for market expansion.
Wireless Power Bank Market: Regional Analysis
- North America is expected to account for the highest market share of the wireless power bank market during the forecast period. An increasing consumer preference and inclination to spend on quality electronics products. The increasing adoption of new mobile technology, smartphones has led to an increase in demand for wireless power banks.
- The increasing availability of wireless power banks with technological advances and the increased popularity of the Internet of Things (IoT) devices drive the market growth
- Asia Pacific is expected to account for a significant market share during the forecast period. the increasing demand for Smart devices such as smartphones tablets and Rapid urbanization and digitalization are the main factor that is anticipated to boost the demand for a wireless power bank in the region
Transparency Market Research has profiled the following players in its global wireless power bank market report:
- Energous Corporation
- Intex Technolgy
- Zagg Inc
The market players are investing in new product launches, partnerships, strategic collaborations, mergers, and acquisitions to gain competitive advantage. Some specific developments from the hypodermic needles market are as follows:
- Xtrom introduces a magnetic wireless FS4 power bank with a 5.000mAh capacity with next generation charging system. This power bank is fully compatible with the new magnetic wireless charging standard from Apple. This power bank will magnetically snap and attach itself to the back of the iPhone 14 and iPhone 12/13.
- In May 2021 Xiaomi introduced Mi 10000mAh Wireless Power Bank is designed for unprecedented convenience. Qi-certified smartphones will be charged with it without the hassle of plugging and unplugging cords. This wireless power bank offers a seamless power supply with high-quality lithium-ion polymer batteries and is compatible with mainstream smartphones and digital devices. With a capacity of 10,000mAh, it can continuously charge your mobile devices on the go.
- Zagg introduced a power station wireless XL with PD with 10,000mAh internal battery with an 18W USB-C PD port and Lightning input. With an 18W USB-C PD port the iPhone can be charged at the fastest speed with the power station wireless XL portable battery Qi-enabled devices that can be charged anywhere. Qi-enabled iPhones or Airpods can be charged just by putting on a charging surface with just the push of a button
Wireless Power Bank Market: Key Segments
- E-commerce Website
- Company Websites
- Retail Stores
- North America
- Latin America
- Asia Pacific
- Middle East Africa
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary datsources and various tools techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:Nikhil SawlaniTransparency Market Research Inc.CORPORATE HEADQUARTER DOWNTOWN,1000 N. West Street,Suite 1200, Wilmington, Delaware 19801 USATel: 1-518-618-1030USA – Canada Toll Free: 866-552-3453Website: https://www.transparencymarketresearch.comBlog: https://tmrblog.comEmail: firstname.lastname@example.org
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The number of wireless charging power banks has been rising because most phones are wireless charging compatible. Of course, for most phones, wireless charging is not very fast. Along with wireless charging, most power banks tend to have ports that use fast charging, mainly it’s the convenience factor of wireless charging that is available.
We’ve covered plenty of 10,000mAh power banks on this site, and you likely already know what to expect from this MOMAX power bank’s 10,000mAh power capacity. The capacity is mainly meant for charging phones, as most modern phones have large batteries, such as the Galaxy S22 Ultra features a 5,000mAh battery, or how the iPhone 13 has a 3,240mAh battery. Most phones will fair one full charge from this MOMAX power bank with some spare capacity. You may get two total charges depending on what phone you have and if it has a small battery.
For the most part, though, you will need to recharge this power bank after a full recharge for most phones. Not a negative aspect of the power bank, but it’s simply part of how far a 10,000mAh capacity gets you with modern devices.
There are three ways to charge from this MOMAX power bank. There’s wireless charging at the top of the power bank, a USB-A Quick Charge port, and a USB-C Power Delivery port.
Wireless charging will be the slowest way to charge your phone from this power bank. The wireless output features 7.5.W fast wireless charging for iPhones and 10W for Samsung phones; if you have any other wireless charging the phone to use with this power bank, then the wireless charge rate you’ll get is 5W, which is pretty slow.
If you’re able to, we highly recommend using the ports on this MOMAX power bank as they are faster than the wireless charging. The USB-A Quick Charge port can fast charge compatible Android phones, and the USB-C Power Delivery port has a 20W output. The USB-C Power Delivery can fast charge most Android phones and iPhones from the iPhone X, iPhone 8, and newer models. You will need to use a USB-C to USB-C cable with the USB-C port to charge Android phones and a USB-C to Lightning cable to charge iPhones.
Our tests were able to fast wireless charge a Samsung Galaxy S20 and were also able to fast charge the Galaxy S20 via the USB-C Power Delivery port. We then charged a Samsung Galaxy S20, Galaxy A51, and an LG G7 simultaneously. The S20 was able to fast charge via the USB-C port, the Galaxy A51 standard via the Quick Charge port, and the LG G7 standard wireless charged at the top because the max output of this power bank is 22.5W, and charging power is prioritized to the USB-C port it seems.
You have two options to recharge this power bank. You can either use the USB-C port to recharge the power bank at 20W with a PD wall charger or use the Lightning input port to recharge at 12W. We recommend using the USB-C port for recharging as it’s faster, but the inclusion of a Lightning input is excellent as it’s very rare for a power bank to have a Lightning port.
Size and Weight:
This is a small power bank, and you won’t have any trouble being portable with it. The charger has a length of 5.4 inches, a width of 2.7 inches, and a thickness of 0.6 inches. The charger weighs 5 ounces. It can be easily slid into your. or you can hold it in your hand.
Using this MOMAX power bank is simple, with charging automatically starting when you plug a device into the ports. Wireless charging can only be done on the Lightning bolt symbol’s side, and for wireless charging to start, you have to press the power button. Once you’re wirelessly charging a phone, a purple LED light turns on at the side, and white lights show the power capacity level.
Structure and Material:
The power bank has a solid build, and we didn’t find any weak parts as it’s practically made like most other power banks on the market. It’s made of plastic and fabric covering over the plastic. The fabric makes the power bank have more grip. Of course, be careful not to drop the power bank from a high height as it’s not shockproof.
The power bank only got warm during charging, but that happens with every charger as heat is continuously generated during charging.
If you have a phone, this power bank will be perfect for you as you are very likely to use wireless charging and take advantage of either of the two fast charging ports. This power bank will be more reliable than most other power banks if you have an iPhone because it has a Lightning input port.
Charging power is excellent for a 10,000mAh power bank with it using two fast charging ports, with one USB-A Quick Charge port and a 20W USB-C Power Delivery port. It also features fast wireless charging with 7.5W and 10W.
The power bank is small, slim, and lightweight. Using the power bank is simple, with just a press of the power button to turn on wireless charging.
The charger does get a little warm during charging, but that’s normal. The fabric covering gives more grip to the power bank, a lot better than a regular plastic exposed power bank.
It doesn’t matter if you have an Android phone or an iPhone; this MOMAX power bank is reliable.
The MOMAX 10,000mAh wireless charging Power Delivery power bank with a Lightning input is an all-around power bank for charging your phone while you’re on the move.
- 【10W Max Wireless Charging Portable Charger】 Wireless portable charger support 5W, 7.5W,10W Max wireless fast charging. Conveniently charge your QI-Certified devices up to 10W without connect cable. Special charging mode for low current devices below 60mA (e.g. Airpods Pro / Fitness Tracker, etc.)
- 【One Cable Recharge】Supports lightning input which allows for using the same Lightning cable or Lightning to USB-C cable to charge your iPhone and power bank.
- 【Slim Size, Big Power】One of the slimmest and lightest 10,000mAh portable chargers on the market. Provides 2.25 charges for iPhone 14 or 13, 1.6 charges for Galaxy S20 and 1.2 charges for iPad mini 6.
- 【Superior Safety Protection】Our Q Power Touch fast charging portable charger built-in overheat, over-charged, over-discharged, over-voltage, over-current, short circuit and FOB protection
- 【Chic Fashionable Design】Leather-like Woven Touch, Rounded edge design, comfortably grab the battery pack in your hand
Satechi Quatro Wireless Power Bank review: Convenience at a price
Bottom line: The Quatro is a premium power bank that lets you wirelessly charge your iPhone, Airpods, and even Apple Watch simultaneously.
- Conveniently charges four devices simultaneously
- Premium aesthetic
- USB-C fast-charging up to 18W
- 10000mAh capacity
- USB-A charges at 12W output
- – Expensive
- – Matte and glossy finishes attract fingerprints and smudges easily
- – Hard to align devices for wireless charging
- – Only 10000mAh
You can always trust i.
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As things are opening again and I’ve been able to go back to Disneyland regularly, my need for a portable power bank has increased in the last few months. While I have always had a few different ones on hand, I don’t have many all-in-one mobile options when I need to charge more than just my favorite iPhone. Yes, I’m talking about a portable charger for my best Apple Watch as well.
While my iPhone 13 Pro has had incredible battery life, the battery on my Series 5 has been less so. So if I’ve already done some workouts throughout the day, my Series 5 will only have about 30% battery (or less) by the evening, which is when we like to go to Disneyland for a few hours. And you know, there’s going to be a lot of walking involved when it comes to a place like Disney, so I want to make sure that my Apple Watch can make it through the night.
Fortunately, I had the opportunity to check out the Satechi Quatro Wireless Power Bank, and it’s become one of my preferred external battery packs to take with me to the parks and pretty much any other extended trip away from home.
Satechi Quatro Wireless Power Bank: Price and availability
You can find the Satechi Quatro Wireless Power Bank on Amazon and direct from Satechi’s website. Unfortunately, it is only available in black, and it costs 100. Since this is a pricey little power bank, it could be worth keeping an eye on for upcoming Black Friday deals.
Satechi Quatro Wireless Power Bank: It’s all about that convenience
Even though I’ve gone through quite a few battery packs from the last several years, they always felt the same with the usual plastic body and typically two ports for charging. Nothing really got me excited about battery packs until I saw the Satechi Quatro.
The Satechi Quatro Wireless Power Bank stood out to me because it’s one of the few battery packs I’ve seen that directly integrates an Apple Watch charging puck. Not only that, but it does Qi-compatible wireless charging, though the output only seems to be 5W, and it also has a USB-C and USB-A port, which charge at 18W fast charging and 12W, respectively. This means you can theoretically charge up to four devices simultaneously with the Satechi Quatro. Not too shabby, right?
The surface of the Satechi Quatro features a soft-touch matte black finish, while the edges are more of a glossy, chrome-like finish. On the top surface, you’ll see the SATECHI logo, with the white Apple Watch charging disc to the left of it. Off to the side, you’ll find status indicating LED lights, as well as a USB-C and USB-A port. On the longer edge, you’ll have a button that turns the Quatro on and off with a single press. If you double press the button, it will activate the Apple Watch charger and wireless charging — a blue LED will indicate that the wireless charging is on. It turns orange when a device is using wireless charging.
If you choose to use the USB-C port, you can get a max output of 18W fast charging for a supported iPhone, and this can also be used to give a bit extra juice for your iPad or even a laptop (though it may be fairly slow). The standard USB-A caps out at 12W output.
I did not have issues with getting about 50% charge on an iPhone in about 30 minutes with the fast charging. However, the main reason I like the Satechi Quatro is because of the Apple Watch charger — even though it’s slower than the usual Apple Watch charger, I enjoy the fact that I’m able to charge my Apple Watch anywhere besides at home. For example, I got almost half a charge on my Series 5 while eating dinner at Disneyland in the evening, so that’s a win in my book.
Satechi Quatro Wireless Power Bank: It’s pricey for just 10000mAh
As much as I’m enjoying the Satechi Quatro Wireless Power Bank, I must admit that the price is a tough sell. After all, this is a 10000mAh capacity power bank that’s 100 — it’s not cheap. You could get several 10000mAh external batteries from other competitors for that price, to be honest. However, I think the big upsell on the Quatro is that it can also charge your Apple Watch, but whether that’s worth the premium price point is up to you and how much you need it.
Even though the market is saturated with external battery packs, it seems that there aren’t many of those that can also have wireless charging capabilities as well as Apple Watch charging. Finally, however, there is the ElevationLab Battery Pro, which is capable of topping off your Apple Watch and iPhone with high-speed USB out, all in a convenient, small package. It also has a strap to secure the Apple Watch to the battery pack when charging so that you can stow it away in your bag as it tops off. Unfortunately, however, the Battery Pro only has 8000mAh total, which is less capacity than Satechi, and it’s also 100.
Satechi Quatro Wireless Power Bank: Should you buy it?
You should buy this if.
- You like having the convenience
- You want a battery pack that can charge Apple Watch
- You prefer premium accessories
You shouldn’t buy this if.
- You don’t need to charge Apple Watch on-the-go
- You want a bigger capacity battery
- You are on a budget
If you’ve been looking for a portable power bank that not only has your typical USB-C and USB-A ports but can also wireless charge an iPhone or Airpods, as well as your Apple Watch, then the Satechi Quatro Wireless Power Bank is a great option. It’s a premium battery pack that looks elegant and high-end and is an excellent addition to any mobile kit.
However, there’s no denying it — the Satechi Quatro Wireless Power Bank is expensive, especially for a 10000mAh battery pack. But the high price tag is for the convenience of simultaneously charging four devices, including an Apple Watch, which you don’t typically see very often. But if you get this power bank, be warned — the matte black surface and glossy edges are total fingerprints and smudge magnets, and there is no drawstring pouch to carry it in, oddly enough.
Satechi Quatro Wireless Power Bank Review
The Satechi Quatro Wireless Power Bank’s size doesn’t seem very travel-friendly, but its ability to act as an all-in-one charging hub makes up for its size.
Save time. Get access to brief summaries of our reviews so you can browse and make decisions more efficiently.
- Can simultaneously wirelessly charge multiple devices
- Matches Apple devices aesthetically
- Multi-function LED indicator is helpful
- Relatively bulky for a 10,000 mAh power bank
- Construction feels a bit plasticky
- Powering on process takes some getting used to
Power banks have become somewhat of a necessity for us when traveling. Why? How many times have you been in a situation where you’re about to run out of smartphone juice, but there’s no outlet nearby? Yep, been there, done that. Worse still, even wireless earphones and smartwatches need to be charged nearly as often as smartphones, so we have to keep them in mind as well.
Fortunately, brands are catching on, and Satechi’s solution to this problem is the 10,000 mAh Quatro Wireless Power Bank. It’s named “Quatro,” presumably because it has two USB ports and two wireless charging spots. Yes—you can charge your smartwatch, smartphone, and wireless earbuds simultaneously with this lone power bank. The catch? It’s quite bulky for its capacity.
Is it worth the trade-off, though? Let’s find out.
The Quatro has a shape and profile similar to most other power banks of a similar capacity out there. It’s thick and rectangular, but if it were just that, we’d be going to the next section without much fanfare. However, Satechi did a good job dressing up the Quatro to match our Apple devices.
The shiny chromed-out edges mimic the styling of our iPhone 13 Pro Max quite convincingly. The keen-eyed among you might even say the curved edges are reminiscent of the iPhone X or pre-iPhone 4 models. Needless to say, if you’re rocking an iPhone, the Quatro won’t stick out like a sore thumb right next to it. Now let’s take at the finer details that adorn this power bank.
At the front, there’s a minimalist but still legible Satechi logo, and further down is a curious-looking, slightly concave white circle where an Apple Watch docks. Next, there’s a button to activate wireless charging at the side near the top right corner. Along the top is a set of LED indicators, a USB-C port, and a USB-A port. All in all, it’s quite busy compared to other power banks, though it still manages to look quite classy at the same time.
Maybe don’t let others touch it, though, to maintain that impression. While the aesthetics match the iPhone’s style, the same can’t be said about the build quality. It’s not that the Quatro falls apart in your hand; it’s not flimsy. It just feels a bit too plasticky for our taste. It doesn’t have that solid and dense feel we get from other branded power banks, so we have to knock points off in this area.
So how does this work? To turn on the Quatro, you first need to press the power button once, then double press it to activate the Apple Watch and Qi wireless charging. One of the LEDs will emit a blue light if this is done correctly. The light will turn orange once a device begins wirelessly charging, or it will flash if there’s debris in the way. To turn off wireless charging, simply press and hold the power button until the LEDs turn off.
It sounds a bit complicated to memorize the LED codes and button combinations, so we recommend keeping a physical copy of the guide. A guide is also available on Satechi’s website in case you lose yours.
When looking at the Quatro in a vacuum, its size doesn’t particularly stand out. However, compared to other power banks, it starts to look chunky. Right next to Anker’s PowerCore Lite 10000 mAh, the Quatro dwarfs it by a considerable margin. Meanwhile, the Futurizta Pixi Mini at 5000 mAh is less than half the size for exactly half the capacity.
This means the Quatro probably won’t be our first pick when we’re trying to get as much charge per ounce. The size difference may not seem that much at first. However, those few ounces may mean the difference between being able to close your already-packed-out sling or not. That said, neither of those two other power banks packs the same wireless charging capabilities as the Quatro, so we have to cut it some slack.
So what are these wireless charging features we speak of? For starters, there’s the white docking spot for an Apple Watch that supports 2.5W charging. At the time of writing, the latest Apple Watch Series 7 supports 5-watt fast charging, so this isn’t exactly bleeding-edge levels of fast.
Then there’s also an area where you can place a Qi wireless charging compatible device. It’s the area around the logo about the size of an Apple Airpods case, which is exactly the kind of device it’s meant for. It’s not only the size; this Qi wireless charging spot tops out at a meager 5 watts, so you’ll only really want to charge small accessories with it.
As for the ports, the USB-C port supports up to 18 watts via USB Power Delivery (PD). That’s both input (for charging the power bank itself) and output to a supported device. For those who’re curious, a USB-C charging cable is included in the package. Meanwhile, the USB-A port supports up to 12-watt charging.
That’s a ton of charging options packed into one power bank, with the key selling point of being able to charge multiple devices simultaneously. At 10,000 mAh, we’re able to get nearly two complete charges of an iPhone 13 Pro Max, Airpods Pro, and Apple Watch Series 7. That’s more than enough to get through even a busy day of exploring a new city, taking pictures, making calls, and listening to some tunes. For charging habits, since the Quatro doesn’t have lightning-fast speeds, we tend to charge before we run flat.
Oh, and for those who are wondering, you can technically charge four devices at the same time. However, Satechi recommends charging only three simultaneously, presumably to avoid putting too much strain on the battery.
We weren’t quite sure about the Quatro at first because of its sheer size. After some use, though, we totally understand its place. It’s not the most compact power bank out there, but the functionality of charging multiple devices simultaneously rivals even that of bedside wireless chargers. This means we can confidently leave our Apple Watch’s and Airpods Pro’s dedicated chargers and settle for this solution—fewer wires, fewer adapters, and more room for snacks.