MRRSE has added a new research report on the "Solar Power Bank Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023" to its collection.

1. Solar Power Bank Market Trends, Regulations and
Competitive Landscape Outlook to 2016 - 2023
Report Description
Solar Power Bank Market: Overview

2. Solar energy has evolved as a major alternative source of
energy. Solar energy is increasingly being utilized as source
of energy for street lighting, automobiles, house appliances
and others. In recent times, solar power banks are gaining
popularity in the consumer market, with the rise in use of
electronic gadgets. Solar power banks serve as an energy
storage device, which can be utilized when required to
charge any of the USB-charged devices such as cameras,
portable speakers, GoPros, MP3 players GPS systems.
Solar power banks require sunlight to charge, making it
reliable in circumstances where electrical supply or charger is
not available. Most of the solar power banks available today
can be charged alternatively via computer using USB.

3. Considering solar as an environmental friendly technology,
demand for solar power banks is expected to escalate in the
coming years.
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bank-market
Solar Power Bank Market: Drivers and Restraints
Solar power banks find wide range of applications such as
charging of smartphones, laptop, tablets and other devices.
The growth of smartphones, laptops and tablets market has
generated the need for external energy storage devices for
charging. The escalated use of internet with the availability

4. of 3G and 4G services on smartphones and tablets has
increased the consumption of battery at a faster rate, thus,
driving the solar power bank market. Further, tourists or
trekkers preferring to travel at distant places can rely on the
solar power banks over the conventional power banks, as at
times of emergencies solar power banks can be charged via
sunlight. The rural areas in emerging markets such as Africa,
Asia and Latin America pose good opportunities for solar
power banks due to constraint of electricity supply in these
regions.
However, the challenges such as low efficiency at night or
cloudy days, may affect the trust of end consumers in the
market. Since the launch of solar technology, the availability

5. of sunlight in cloudy areas or at night times has been the
major constraint for solar devices.
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Compatibility with all the device brands is another challenge
affecting the market of solar power banks. Moreover, solar
power banks also face competition from existing electrically
charged power banks. Manufacturers need to focus on
overcoming these major challenges to gain competitive
advantage over the existing and new manufacturers entering
the market in coming years to explore the untapped
opportunities in solar power bank market.

6. Solar Power Bank Market: Segmentation and Top Players
Depending on the application and the capacity of battery,
solar power banks are designed and available in market with
different capacity range. The solar power bank market is
categorized by the capacity range offered by the solar power
banks, which include 500 mAh to 3499 mAh, 3500 mAh to
6499 mAh, 6500 mAh to 9499 mAh, 9500 mAh to 12499
mAh, 12500 mAh to 15499 mAh and above 15500 mAh.
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7. The key companies operating in solar power bank market
include Anker., Advantage Computers (I) Pvt. Ltd., LG Chem
Ltd, China BAK Battery, Inc., Mophie Inc., Microsoft
Corporation, Panasonic Corporation, OnePlus, Sony
Corporation, Samsung SDI Co. Ltd., UNU ELECTRONICS INC.,
Xiaomi Technology Co., Ltd, and Shenzhen Topband Co.
Ltd
The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical
data, and statistically supported and industry-validated
market data. It also contains projections using a suitable set
of assumptions and methodologies. The research report

8. provides analysis and information according to categories
such as market segments, geographies, types and applications.
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