“GCC Power Bank Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” 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: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
A power bank refers to a portable charger that is designed for recharging electronic gadgets on the go. It ranges from pocket-sized, slim devices to larger and higher-capacity chargers. A power bank is utilized for charging numerous devices, such as laptops, mobile phones, tablets, portable speakers, and cameras. Depending on the budget limits and power requirement of the user, it comes in various shapes and sizes. A power bank aids in keeping electronic devices recharged during emergencies, is convenient to use, and is available in affordable variants.
Note: The study incorporates COVID-19’s direct market impact as well as the indirect effects of related industries on the GCC power bank market. These insights are regularly updated by the subject matter experts at Syndicated Analytics.
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GCC Power Bank Industry Trends and Drivers:
The expanding consumer electronics sector, along with the increasing reliance on smartphones for communication, is primarily driving the GCC power bank market. In addition to this, the advent of wireless charging technology and the introduction of product variants that allow users to charge multiple devices simultaneously are further propelling the market growth. Moreover, the growing adoption of 3G and 4G networks and the rising popularity of digital content are acting as significant growth-inducing factors. Apart from this, the escalating demand for smartphones and laptops, coupled with the declining prices of power banks, is also creating a positive outlook for the market. Additionally, the infating number of new entrants in the industry owing to low capital investment for establishing manufacturing facilities is further calatlyzing the regional market. Furthermore, the emerging popularity of power banks as fast-moving consumer electronics has increased the competition among manufacturers to introduce innovative solutions to retain and expand the consumer base. This is further anticipated to strengthen the GCC power bank market in the coming years.
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.
Read Also: GCC Particle Board Market
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