Global Power Bank Market Hits $14.0 billion in 2025 with 6.1% CAGR

Global power bank market was valued at $14.0 billion in 2025 and is growing at a CAGR of 6.1% during the forecast period (2026-2035). Growing deployment of utility-scale renewable technologies, including solar, battery energy storage, and hybrid projects, is revealing a heightened necessity for interconnection deposits, which in turn necessitates structured financing solutions to effectively progress projects through development pipelines, thereby driving market growth. This trend is increasingly reflected in recent financing arrangements within the renewable energy development ecosystem, where dedicated capital is being used to address upfront interconnection requirements and accelerate project advancement. For instance, in December 2025, $8 million loan secured by PowerBank will fund interconnection deposits for a portfolio of 34 MW of solar power, battery energy storage, and hybrid projects. These deposits, required by utilities for interconnection and refundable if projects don't reach commercial operation, enable PowerBank to leverage low-cost capital to grow its Independent Power Producer portfolio. The loan allows for a revolving source of capital as projects are monetized or operational, with potential for an increase up to $12 million. It is secured against project assets, and no shares are issuable in connection with the loan.

Browse the full report description of “Power Bank Market Size, Share & Trends Analysis by Battery Technology (Lithium-Ion Battery and Lithium Polymer Battery), by Application (Smartphones & Tablets, Laptops, and Other (Camera, Smart Band, Wireless Headset)), by Charging Mode (Wired, and Wireless), by Energy Source (Electric and Solar), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/power-bank-market

Key Innovators Driving Power Bank Transformation

The key players in the power bank market include Anker Innovations, Lenovo Group, Samsung Electronics, Sony Corp., Xiaomi, among others. These companies are driving innovation in digital health solutions such as telemedicine, electronic health records, remote patient monitoring, and AI-powered clinical tools, shaping the future of healthcare delivery globally.

• In April 2025, iGowise partnered with Patnaik Energy to launch 5,000 portable EV power banks, backed by $1 million in seed funding. This collaboration aims to provide emergency charging solutions for electric vehicles (EVs), including two-wheelers and drones, particularly in urban areas of Hyderabad and Bangalore, within 24 months. The initiative will offer lease-based and pay-per-use models, targeting urban dwellers and remote locations lacking electric infrastructure. Users can access the service via mobile apps or scan & use facilities. The power banks will utilize advanced battery technologies, offer AI-powered battery management, and enable fast DC charging through brand partnerships. The first year goal is to deploy 1,000 units in two cities.
• In December 2024, Xiaomi introduced the Ultra Slim Powerbank in India, which boasts a 4900mAh battery and 20W charging capabilities for both Android and iOS devices. At only 10mm thick, it is marketed as one of the slimmest options on the market. The power bank supports 18W fast charging input and features a dual USB-C port for efficient charging. It includes advanced safety protocols such as PD3.0 and QC 3.5, allowing it to charge devices like the Xiaomi 14 and Xiaomi 14 Ultra to 39% and 37% in just 30 minutes, with a full charge time of approximately 1.75 hours.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  • By Battery Technology
  • By Application
  • By Energy Source
  • By Charging Mode
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape - Anker Innovations, Lenovo Group, Samsung Electronics, Sony Corp., Xiaomi, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Power Bank Market Report Segment

By Battery Technology

• Lithium-Ion Battery
• Lithium Polymer Battery

By Application

• Smartphones & Tablets
• Laptops
• Others (Camera, Smart Band, Wireless Headset)

By Energy Source

• Electric
• Solar

By Charging Mode

• Wired
• Wireless

Global Power Bank Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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