Power Bank Market Size and Share

Power Bank Market Summary
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Power Bank Market Analysis by Mordor Intelligence

The power bank market size stood at USD 21.72 billion in 2026 and is projected to reach USD 31.97 billion by 2031, advancing at an 8.04% CAGR over the period. Consistent growth reflects surging adoption of 5G-enabled smartphones that draw 20% more power than 4G devices, rising laptop shipments that now expect USB-C Power Delivery outputs above 100 W, and the worldwide expansion of rental-kiosk networks inside airports and train stations that monetize on-the-go charging needs. Premium wireless units certified under the Qi2 standard deliver 15 W magnetic charging to the iPhone 16 family, doubling legacy Qi1 speeds and enabling 30% to 40% premium retail prices over wired-only models. Gallium nitride (GaN) chipsets embedded in flagship models let a 20,000 mAh pack refill in under 90 minutes through a 65 W USB-C input, aligning with consumer expectations that pocket-sized devices can power laptops as well as phones.

Key Report Takeaways

  • By capacity range, the 8,001–20,000 mAh tier held 47.89% of the power bank market share in 2025, while units above 30,000 mAh are forecast to expand at 9.21% CAGR through 2031.
  • By charging technology, wired models retained 82.17% of the revenue share in 2025, whereas wireless alternatives are projected to grow at an 8.47% CAGR to 2031.
  • By application, smartphones and tablets accounted for 66.92% of demand in 2025; cameras and drones are set to post the fastest 9.16% CAGR.
  • By distribution channel, online platforms captured 62.19% of the market in 2025 and are expected to grow at an 8.43% CAGR, outpacing offline outlets.
  • By geography, Asia-Pacific accounted for 56.12% of 2025 revenue, while Africa is anticipated to register the highest CAGR of 9.11% through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Capacity Range: Mainstream Mid-Sizes Dominate, Ultra-High Packs Accelerate

The 8,001-20,000 mAh tranche captured 47.89% of 2025 revenue, underscoring its sweet-spot appeal for two to three full smartphone charges without bulk. Economies of scale in lithium-polymer procurement let brands price 10,000 mAh dual-port units between USD 25 and USD 35 while still protecting margins. Consumers gravitate toward this tier because it slides into backpacks and jackets yet offers a safety net for multiday trips. The segment anchors discount promotions on Tmall, JD, and Amazon, keeping the phrase' power bank market' in frequent consumer searches. Above 30,000 mAh models are scaling at a 9.21% CAGR as photographers, drone pilots, and field engineers value capacities nearing the 100 Wh airline limit. AUKEY’s 27,600 mAh Spark Mega can refill a MacBook Pro twice, reducing downtime for creatives on location. Meanwhile, packs under 3,000 mAh service wearables but contribute negligible revenue, demonstrating how tail segments coexist within the broader power bank market.

Demand for 20,001–30,000 mAh products remains steady because they deliver three laptop recharges yet comply with cabin rules, preserving portability for frequent flyers. Zendure’s SuperTank Pro at 26,800 mAh integrates a digital readout, which differentiates it in a crowded middle band. Anker’s GaN-based 737 delivers 140 W through a single USB-C port, underscoring that wattage, not just capacity, shapes buyer decisions. The up to 3,000 mAh tier survives in convenience stores for emergency top-ups of earbuds and smartwatches. Although volumes are modest, their ubiquity maintains consumer familiarity, creating entry points that later up-sell higher-capacity products, sustaining the power bank market's trajectory.

Power Bank Market: Market Share by Capacity Range
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By Charging Technology: Wired Dominance Persists as Wireless Gains Prestige

Wired models held 82.17% of 2025 revenue thanks to near-universal USB-C adoption and 85%-90% energy-conversion efficiency. USB-C PD 3.1 now supports 240 W, letting a single cable power laptops, tablets, and phones, a versatility prized in enterprise IT kits. Low bill-of-materials costs also allow wired units to command aggressive price tiers in the power bank market. Wireless packs, though only 17.83% in 2025, are projected to grow at an 8.47% CAGR on the back of Qi2 certification, which doubles inductive charging to 15 W for iPhone 12 and newer. Mophie’s Powerstation Wireless 10K Slim, priced at USD 79.95, targets early adopters who value MagSafe convenience.

Price differentials are narrowing as AUKEY’s MagFusion 10K retails at USD 39.99, undercutting peers by 50% while still offering Qi2 speeds. Anker’s MagGo 10K incorporates a fold-out stand and a smart display, showcasing how feature layering can justify 30%-40% premiums. Nevertheless, the inherent energy loss of inductive coupling keeps heavy users loyal to wired options, especially in regions where electricity costs discourage inefficiency. Brands therefore market wireless models as lifestyle accessories rather than primary workhorses, positioning them as complements rather than substitutes within the broader power bank market size narrative.

By Application: Core Phone Demand Steady, Imaging Workflows Surge

Smartphones and tablets accounted for 66.92% of 2025 revenue, reflecting a five-billion-device install base and unified USB-C ports across both the Android and iPhone 15 lines. Lower entry prices, abundant SKUs, and constant mobile usage secure this anchor segment. Cameras and drones, although smaller, are advancing at a 9.16% CAGR as professional content creators operate high-draw equipment in off-grid environments. DJI’s Power 1000 with 1,024 Wh and a 140 W USB-C output illustrates the crossover between portable power stations and high-capacity banks, blurring category lines.

Laptops and gaming consoles account for roughly 15%-20% of demand, with Valve’s Steam Deck and ASUS ROG Ally propelling 65 W-100 W USB-C outputs into mainstream accessory talk tracks. Wearables and IoT devices remain niche, with under 5% share, but create volume opportunities in sub-USD 20 impulse units. Medical equipment such as portable ECG monitors requires IEC 60601-1 compliance, limiting competition and supporting higher margins. These use-case layers collectively drive breadth in the power bank market, ensuring that no single application monopolizes growth.

Power Bank Market: Market Share by Application
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By Distribution Channel: Online Algorithms Outperform Store Aisles

Online platforms secured 62.19% of 2025 revenue and should widen their lead with an 8.43% CAGR through 2031. Algorithmic engines on Tmall, JD, Amazon, and Flipkart nudge users who purchase phones toward complementary charging accessories, boosting attach rates. Reviews, flash deals, and influencer videos build trust and accelerate purchase cycles. Offline channels at 37.81% still matter for impulse travel buys and warranty assurance. Best Buy allocates up to 15 linear feet for power banks, with premium SKUs at eye level and value brands lower, demonstrating that shelf architecture can still shape consumer choice.

Hybrid models are emerging: 7-Eleven Thailand partnered with ChargeSPOT to install rental kiosks in 2,500 stores, offering both hourly rentals and the sale of permanent units. Direct-to-consumer storefronts enable brands like Baseus to underprice offline tags by up to 30%, reinforcing online loyalty loops. Despite robust e-commerce, airport kiosks and convenience stores remain crucial last-minute channels, confirming that omnichannel strategies will remain central to overall power bank market growth.

Geography Analysis

Asia-Pacific commanded 56.12% of 2025 sales, anchored by Shenzhen manufacturers that supply 70% of global lithium-polymer cells at cost bases 30% lower than Western peers. China’s dominance ensures localized supply chains and rapid SKU refresh cycles. India’s BIS hallmark deadline of February 2026 should weed out non-compliant imports, increase the share of certified domestic brands, and stabilize retail ASPs. Japan’s speedy adoption of Qi2 led MagSafe-compatible models to retail at JPY 8,000-12,000 (USD 55-82) in 2025, signaling a willingness to pay for convenience. South Korea tightened audits after Samsung’s 2024 recall, elevating UL 2056 labels as a prerequisite for big-box listings. Australia enforced UN 38.3 airline limits, capping carry-on capacity at 100 Wh and reshaping SKU launch strategies.

North America and Europe jointly contributed just over 30% of revenue, buoyed by hybrid work patterns and the EU common-charger mandate that nudged consumers toward new USB-C models. Mophie’s 140 W Powerstation Ultra 25K launched at USD 99.95 for MacBook users, reflecting high-spend consumer segments. Germany logged 18% year-on-year sales growth in Q1-2025 amid summer travel planning. France’s FNAC and Darty expanded power-bank shelf space by 25% and dedicated end-caps to Qi2 units. Russian market contraction following sanctions opened pockets for lower-priced Chinese brands like Xiaomi.

Africa, the fastest-growing region at 9.11% CAGR, depends on portable power to bridge unreliable grids. South Africa’s 2024 load shedding lifted sales 35% in major metros. Kenya’s rural M-Pesa users adopt USD 15 packs to avoid transaction disruptions. Egypt’s smartphone penetration reached 65% in 2025, yet daily summer outages average four hours, driving attachment rates above 70% in Cairo. Middle Eastern demand grows 7%-8% as tourists and expatriates carry multiple high-drain devices in hot climates. Latin America advances 6%-7% annually; despite USD 90 billion network investment plans, last-mile power deficiencies sustain long-run reliance on external batteries. These varied regional narratives together enlarge the global power bank market.

Power Bank Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The top five brands accounted for an estimated 40%-45% of 2025 revenue, indicating moderate concentration in the power bank market. Anker leverages vertical integration from lithium-cell sourcing to GaN chipset design, cutting bill-of-materials costs by up to 20% versus contract assemblers and enabling sub-USD 60 pricing for 20,000 mAh-65 W packs that once cost USD 90. Xiaomi synergizes power-bank bundles with smartphone launches, capturing ecosystem lock-in as its IoT and lifestyle division generated CNY 27.6 billion (USD 3.8 billion) in Q3-2025. Baseus and UGREEN compete on price, offering 100 W-20,000 mAh units for USD 40-USD 50, winning share among cost-conscious prosumers in Southeast Asia and Latin America.

Technology differentiation centers on GaN fast-charging, Qi2 certification, and real-time wattage displays. Anker’s ActiveShield 2.0 monitors temperature 3 million times per day to preempt thermal runaway, adding a safety moat. Zendure and EcoFlow blur boundaries between power banks and portable stations, releasing rugged 1,000 Wh units with 2,400 W inverters and solar inputs for outdoor creators. Counterfeit risk remains a pressing issue; stringent audits by Amazon and Flipkart now require IEC 62368-1 or UL 2056 certificates before listing, pushing gray-market players offline. Compliance regimes such as India’s BIS hallmark, China’s CCC, and U.S. UL testing cost upwards of USD 15,000 per SKU, favoring incumbents with multi-SKU portfolios able to amortize these expenses. Consequently, the competitive field balances innovation against regulatory diligence to retain consumer trust.

Power Bank Industry Leaders

  1. Anker Innovations Ltd.

  2. Xiaomi Corporation

  3. Sony Group Corporation

  4. Koninklijke Philips N.V.

  5. Huawei Technologies Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Power Bank Market Concentration
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Recent Industry Developments

  • November 2025: Huawei launched the SuperPower Magnetic Power Bank with 10,000 mAh, Qi2 certification and 66 W USB-C charging at CNY 399 (USD 55), targeting HarmonyOS users who need blended wired and wireless capabilities.
  • November 2025: ZAGG released the Mophie Powerstation Wireless 10K Slim offering Qi2 15 W output and 20 W USB-C charging at USD 89.95 via direct and retail channels.
  • September 2025: Mophie introduced Powerstation Wireless 5K and 10K Slim models with Qi2 and 60% recycled content at USD 59.95 and USD 79.95.
  • June 2025: Anker rolled out the MagGo Power Bank 10K featuring Qi2, a foldable stand and ActiveShield 2.0 safety at USD 89.99.

Table of Contents for Power Bank Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surging Penetration of 5G-Enabled Smartphones
    • 4.2.2 Expanding E-Commerce for Consumer Electronics
    • 4.2.3 Higher Penetration in Developing Economies With Unreliable Power Grids
    • 4.2.4 Rapid Adoption of High-Capacity Laptops and Gaming Consoles
    • 4.2.5 Proliferation of Power-Bank Rental Kiosks at Transit Hubs
    • 4.2.6 Integration of GaN Fast-Charging Chipsets in Premium Models
  • 4.3 Market Restraints
    • 4.3.1 Inflated Counterfeit and Sub-Standard Products Eroding Trust
    • 4.3.2 Incremental Gains in Native Smartphone Battery Life
    • 4.3.3 Stricter UN 38.3 Air-Cargo Limits for Li-Ion Shipments
    • 4.3.4 Early Traction of Solid-State Micro-Batteries Reducing Need for External Packs
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Impact of Macroeconomic Factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Capacity Range
    • 5.1.1 Up to 3,000 mAh
    • 5.1.2 3,001 - 8,000 mAh
    • 5.1.3 8,001 - 20,000 mAh
    • 5.1.4 20,001 - 30,000 mAh
    • 5.1.5 Above 30,000 mAh
  • 5.2 By Charging Technology
    • 5.2.1 Wired
    • 5.2.2 Wireless
  • 5.3 By Application
    • 5.3.1 Smartphones and Tablets
    • 5.3.2 Laptops and Gaming Consoles
    • 5.3.3 Wearables and IoT Devices
    • 5.3.4 Cameras and Drones
    • 5.3.5 Other Applications
  • 5.4 By Distribution Channel
    • 5.4.1 Online
    • 5.4.2 Offline
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Russia
    • 5.5.2.5 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 Middle East
    • 5.5.4.1.1 Saudi Arabia
    • 5.5.4.1.2 United Arab Emirates
    • 5.5.4.1.3 Rest of Middle East
    • 5.5.4.2 Africa
    • 5.5.4.2.1 South Africa
    • 5.5.4.2.2 Egypt
    • 5.5.4.2.3 Rest of Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Anker Innovations Ltd.
    • 6.4.2 Xiaomi Corporation
    • 6.4.3 Samsung Electronics Co., Ltd.
    • 6.4.4 Shenzhen Haopai Electronics (RAVPower)
    • 6.4.5 Lenovo Group Ltd.
    • 6.4.6 Sony Group Corporation
    • 6.4.7 Koninklijke Philips N.V.
    • 6.4.8 ADATA Technology Co., Ltd.
    • 6.4.9 Panasonic Energy Co., Ltd.
    • 6.4.10 Huawei Technologies Co., Ltd.
    • 6.4.11 ZAGG Inc. (mophie)
    • 6.4.12 Belkin International
    • 6.4.13 UGREEN Group Ltd.
    • 6.4.14 Baseus Technology Co., Ltd.
    • 6.4.15 Syska Mobile Accessories
    • 6.4.16 Ambrane India Pvt. Ltd.
    • 6.4.17 Intex Technologies (India) Ltd.
    • 6.4.18 Aukey Technology Co., Ltd.
    • 6.4.19 Zendure USA Inc.
    • 6.4.20 EcoFlow Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Mordor Intelligence defines the power bank market as the global sales value of stand-alone, rechargeable battery packs, wired or wireless, that store up to 100 Wh of energy for charging consumer portable electronics such as smartphones, tablets, laptops, wearables, cameras, and gaming devices.

Solar-integrated and GaN-based fast-charging units are included, while larger portable power stations (>100 Wh), proprietary battery cases, and automotive jump-starters are excluded.

Segmentation Overview

  • By Capacity Range
    • Up to 3,000 mAh
    • 3,001 - 8,000 mAh
    • 8,001 - 20,000 mAh
    • 20,001 - 30,000 mAh
    • Above 30,000 mAh
  • By Charging Technology
    • Wired
    • Wireless
  • By Application
    • Smartphones and Tablets
    • Laptops and Gaming Consoles
    • Wearables and IoT Devices
    • Cameras and Drones
    • Other Applications
  • By Distribution Channel
    • Online
    • Offline
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Russia
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • Middle East and Africa
      • Middle East
        • Saudi Arabia
        • United Arab Emirates
        • Rest of Middle East
      • Africa
        • South Africa
        • Egypt
        • Rest of Africa
    • South America
      • Brazil
      • Argentina
      • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

We interviewed distributors on five continents, contract manufacturers in Shenzhen and Ho Chi Minh City, and retail channel managers across big-box, carrier, and online platforms.

These talks clarified true factory gate prices, typical warranty returns, and emerging demand for >20,000 mAh GaN models, which desk data alone cannot reveal.

Desk Research

Our analysts first map the industry using reputable open sources such as UN Comtrade shipment data for HS 850760, International Telecommunication Union mobile-subscription statistics, national customs portals (CBP, DGFT), and trade association releases from the Rechargeable Battery Association and the Japan Electronics & Information Technology Industries Association.

Company 10-Ks, investor decks, and e-commerce sell-through data enrich baseline price and mix.

Select paid libraries, including D&B Hoovers for company financials and Dow Jones Factiva for press archives, round out competitive context.

The sources cited illustrate, not exhaust, the wider pool screened for validation.

Market-Sizing & Forecasting

We begin with a top-down reconstruction of 2024 global shipments of Li-ion and Li-poly cells allocated to power banks, adjusted for pack assembly yields and average selling prices.

Bottom-up checks, sampled brand roll-ups, regional channel audits, and selected airport duty-free sales calibrate totals.

Core variables in the model include smartphone installed base growth, average daily screen time (a proxy for charge cycles), e-commerce penetration, airport passenger traffic, and lithium-ion price trends.

A multivariate regression links these drivers to historical revenue, then ARIMA smoothing projects forward, allowing scenario tweaks suggested by our interview panel.

Gaps in country-level data are bridged with capacity-based trade proxies and normalized ASP bands.

Data Validation & Update Cycle

Outputs pass a three-layer review: statistical outlier tests, senior analyst peer checks, and managerial sign-off.

Variances beyond +/-5% versus independent indicators trigger re-contact of key respondents.

Reports refresh annually; material events such as new aviation battery limits prompt interim updates.

Why Mordor's Power Bank Baseline Commands Confidence

Published estimates often diverge because firms pick differing capacity cut-offs, price metrics, and refresh cadences.

Key gap drivers include scope (some studies omit rental-kiosk fleets or laptop-grade units), currency assumptions, and whether GaN premium pricing is built in.

Mordor's model integrates all mainstream capacities up to the ICAO 100 Wh ceiling, applies quarterly FX averages, and is re-benchmarked every twelve months, which collectively yields a decision-ready baseline.

Benchmark comparison

Market SizeAnonymized sourcePrimary gap driver
USD 20.10 B (2025) Mordor Intelligence-
USD 17.78 B (2023) Global Consultancy AExcludes >30,000 mAh segment; older base year not normalized; uniform regional growth rates
USD 14.74 B (2024) Industry Association BOmits rental/sharing kiosks; conservative ASPs; FX frozen at 2022 averages; GaN uptake ignored

In short, by combining disciplined scope selection, dual-angle modeling, and timely validations, Mordor Intelligence delivers a balanced, transparent market figure that practitioners can trace to concrete variables and reproduce with confidence.

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Key Questions Answered in the Report

What growth rate is predicted for the power bank market to 2031?

The market is forecast to expand at an 8.04% CAGR, climbing from USD 21.72 billion in 2026 to USD 31.97 billion by 2031.

Which capacity segment leads global sales?

Packs between 8,001 mAh and 20,000 mAh led with 47.89% revenue share in 2025 thanks to their balance of portability and runtime.

Why are wireless power banks gaining attention?

Qi2 certification doubled inductive charging speed to 15 W for iPhone users, creating a premium tier growing at an 8.47% CAGR despite higher energy losses.

Which region will post the fastest growth?

Africa is projected to grow at 9.11% CAGR as unreliable grids and high mobile penetration spur demand for portable charging.

How are GaN chipsets changing product design?

GaN transistors allow 65 W-140 W outputs in sub-500 g housings, cutting recharge times by up to half and enabling laptop-grade charging from pocket-sized packs.

What certifications matter most for market entry?

UL 2056, IEC 62368-1 and regional marks such as India’s BIS or China’s CCC are increasingly required by retailers and regulators to secure shelf or listing access.

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