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In terms of volume, in 2013, the power banks market witnessed shipments of 334.2 Mn units globally. North America was the largest revenue contributor in 2013, accounting for almost 43% of the global power banks market revenue. Limitless demand of power (charge) from gadgets including smartphones, tablets, laptops and other smart gadgets is primarily fueling the demand for power banks. Introduction of technologically advanced consumer electronic devices along with its decreasing prices in the price sensitive regions is cementing the growth of power banks market. The power banks market in developed economies such as Western Europe and North America has lately witnessed increase in demand for Lithium-polymer power banks, owing to its features and specifications such as slimness, light weight and safety over Lithium-ion power banks. Asia Pacific is analyzed to be the fastest growing market for power banks in terms of revenue as well as unit shipments during the forecast period. The grow...

A new market intelligence report by Transparency Market Research observes the North America power banks market to be largely consolidated with a handful of players holding leading share of the market. Keen players are hard focused on product development and innovation to maintain their position in the market. Prominent participants in the market include Goal Zero Corporation, Anker, Gridless Power Corporation, Limeful LLC, and iEC Technology LLC. As per estimations by Transparency Market Research, the North America market for power banks is expected to expand at an impressive CAGR of 18.6% between 2015 and 2022 vis-à-vis revenue. At this rate, the valuation of the market is expected to touch US$2.59 bn by 2022 from US$929.6 mn in 2016. Get Full Report Details @ https://www.transparencymarketresearch.com/north-america-power-banks-market.html Product-wise, the North America power banks market is split into portable and solar powered. Consumer preference for portable power banks acc...