High Capacity Power Banks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
Almost all
electronic devices employ the principle of direct current (DC). They
also use a transistor for their operation. Major electronic devices
such as computers, LED (light emitting diodes) and other flat screen
televisions, and mobile phones use a rectifier mounted that converts
the AC (alternating current) power into DC power. An AC charger
requires AC input. It has its own set of circuitry to convert the AC
signal into a convenient signal for charging DC. On the other hand,
DC charger, more commonly known as power bank, is the one that takes
DC input. A power bank (DC charger) does not require a rectifier
circuit to rectify an AC source. Power banks consist of current
filtering components that provide stable and smooth output.
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Electronic devices
accept wide a range of voltages, provided the voltage is above the
device battery’s voltage capacity. The device can get damaged if
the voltage is too high. For instance, the power voltage rating is
typically 5V or marginally higher than the device’s battery
voltage. The difference can extend up to 12 V in some cases. AC
signal is more prone to voltage fluctuations because it reverses its
direction 120 times per second. The DC cycle is continuous. The
device damage caused due to fluctuation is thus prevented using DC
charger (power banks).
Major electronic
gadgets play a vital role in the daily lives of people. Such gadgets
include smartphones, cameras, gaming devices, tablets, and MP3
players. These devices require essentially high battery support to
run. Battery of any of such a device cannot last very long due to the
running of multiple applications and software at a given point in
time. The device’s battery cannot last very long. This is where
power banks play a vital role. A power bank is a portable, easy to
use charger for all leading brands of smartphones, cameras, gaming
devices, tablets, and MP3 players. High capacity power banks refer to
how much charge is inside a power bank battery. It is measured in mAh
or milliamps per hour. A power bank provides charging; some of the
charge is lost in the transfer of power. It takes energy to transfer
energy.
Based on type of
high capacity power banks, the market can be segmented into economy
class power bank (up to 3000 mAh), business class power banks (3,000
mAh to 10,000 mAh), and special class power bank (above 10,000 mAh).
In terms of application, the market can be segmented into
smartphones, tablets, gaming devices, and others. Based on region,
the high capacity power banks market can be segmented into North
America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. Asia Pacific accounted for major share of the high capacity
power banks market due to the rapid expansion of end-use industries
in the region.
Modern electronic
devices such as smartphones, tablets, and gaming devices include
mobile broadband, high-speed data access through Wi-Fi, web browsers
(displaying standard web pages as well as mobile-optimized sites),
social networking applications, and high resolution touchscreens are
some of the major features that is driving electronics market,
globally. With such electronic device singularly performing high
functionality tasks, it will require continuous power charge to
perform the work efficiently. Thus, the market for high capacity
power banks Asia Pacific is expected to expand at a significant pace
in the near future.
Key players
operating in the high capacity power banks market include Beijing
Xiaomi Technology Co., Ltd., Lenovo Group Ltd., Microsoft Corp.,
Panasonic Corp., and Sony Corp.
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