Global Magnetic Wireless Charging Power Bank Market by Type (Below 3000mAh, 3001-5000mAh, 5001-10000mAh, Above 10000mAh), By Application (Mobile, Tablet, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Magnetic Wireless Charging Power Bank Market size is projected to grow at a CAGR of 9.3% over the forecast period with an estimated value of USD 3,871 million in 2028 from USD 2,370 million in 2021. The growth can be attributed to factors such as increasing demand for mobile devices and the continuous development of new technologies.

Magnetic Wireless Charging Power Bank is a device that stores electricity in the form of advanced magnetics and releases it like an electric current to charge any electronic device.

On the basis of Types, the market is segmented into Below 3000mAh, 300-5000mAh, and above 10000mAh.

Below 3000mAh: Power banks with a capacity of less than 3000mAh are mainly used for charging mobile phones and tablets.

300-5000mAh: A power bank with the capacity to store power in between 300mA and 5000mAH has a charger that can provide a charge rate of up to 15 watts.

500-10000mAh: This variety has storage capacities over 1000 mA which is sufficient enough to fully charge most smartphones within an hour while providing high output current (20 amps).

Above 10000mA: These devices have more than 2000 mah battery life capable of storing 20,000 or more milliamp hours. These wireless chargers are most commonly seen among electric vehicles because they need high-energy-density batteries for better performance like Tesla.

On the basis of Application, the market is segmented into Mobile, Tablet, and Others. The Mobile segment accounted for a significant revenue share in 2017 and it will continue its dominance throughout through 2028. The Others segments are expected to witness moderate growth during the forecast period due to increasing technological innovation in these applications such as wearables and fitness trackers which use magnetic wireless charging power banks for powering their batteries.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to dominate the market during the forecasted period. The growth of this region is attributed to a number of factors, including comparatively better economic conditions than other regions and increasing demand for mobile devices such as smartphones.

The Asia Pacific market is projected to register an immense growth rate owing to a huge population base in countries such as China and India with the growing popularity of electronic gadgets among people who are adopting the latest technology at a fast pace due to continuously changing lifestyles needs.

Europe resembles North America in terms of trend, where APAC will contribute significantly towards overall revenue generation. Increasing adoption rates among smartphone users along with government incentives offered on efficient energy consumption products have also been encouraging more customers toward this product category.

Growth Factors For The Global Magnetic Wireless Charging Power Bank Market:

The growth factors that are expected to have the maximum impact on future demand include technological developments and increasing penetration of smartphones in developing economies. Technological developments such as the introduction of new materials (i.e., graphene) will reduce weight, size, and thickness while at the same time increase power efficiency which would help manufacturers come up with newer models for users to upgrade from their existing ones.

A growing number of mobile app developers who are opting for wireless charging technology since most people do not own compatible chargers has been another factor driving market share across various regions. Lastly, increased smartphone usage is also a significant factor contributing towards growing adoption rates worldwide owing to advancements made by OEMs like Nokia's recent announcement about expanding its portfolio into China.

Up Market Research published a new report titled “Magnetic Wireless Charging Power Bank Market research report which is segmented by Types (Below 3000mAh, 3001-5000mAh, 5001-10000mAh, Above 10000mAh), By Applications (Mobile, Tablet, Others), By Players/Companies Nillkin, Mipow, Panasonic, Anker, Xiaomi, XVIDA, Samsung, Philips, LUXA2, Huawei, Shenzhen Gobay Electronics, ModTek Solution, PITAKA, Yoobao, Goal Zero”.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Magnetic Wireless Charging Power Bank Market Report Segments:

The market is segmented by Type Below 3000mAh, 3001-5000mAh, 5001-10000mAh, Above 10000mAh and By Application Mobile, Tablet, Others.

Some of the companies that are profiled in this report are:

1. Nillkin
2. Mipow
3. Panasonic
4. Anker
5. Xiaomi
6. XVIDA
7. Samsung
8. Philips
9. LUXA2
10. Huawei
11. Shenzhen Gobay Electronics
12. ModTek Solution
13. PITAKA
14. Yoobao
15. Goal Zero

Magnetic Wireless Charging Power Bank Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Magnetic Wireless Charging Power Bank Market

Overview of the regional outlook of the Magnetic Wireless Charging Power Bank Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Magnetic Wireless Charging Power Bank Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Magnetic Wireless Charging Power Bank Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Below 3000mAh

                2. 3001-5000mAh

                3. 5001-10000mAh

                4. Above 10000mAh

                1. Mobile

                2. Tablet

                3. Others

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Magnetic Wireless Charging Power Bank Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
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• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Magnetic Wireless Charging Power Bank Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.