Global Power Bank Rental Market Trends and Competitive Landscape - Forecast 2025

Global Power Bank Rental Market Trends and Competitive Landscape - Forecast 2025

Pages : 250+
Report Code : EP160820

Power banks are the viable devices that are used to charge electronic devices through supply power from its built-in battery through USD port that may include laptop, smartphones & tablets. Nowadays, smartphones play salient role in peoples life andhigh usage of smartphone is increasing demand for power backup source such as power bank. Variouscompanies have entered into power bank rental service to ensure easy access to charged power banks as carrying and managing power bank is not feasible.

Growth Drivers and Barriers

The smartphones have become a boon in this electronic world playing a crucial role in our lives. Consumers are in the habit of using mobile phones frequently and they don’t realize that when and where their phone gets discharged. However it’s simple to have a power bank but in today’s hectic life it’s not that much easy to carry and handle power banks as many of youngsters use to carry small bags for them. In present time many of the college students are in the habit of carrying notebooks on their hand,they avoid using bags so the concept of power-bank rental which can be used to power up the phones and give it back after using is great. Power bank rental keeps battery charged anywhere at anytime. In recent years,professional people use their phones for business purposes when they are not in office. Only the thing that can disrupt them is dead battery, for them the quack remedy is power bank vending machine.

Power bank rental companies are leveraging IoT to transform business and get ahead of competition. ‘Spiders charge’ have the machines along with their own application to work on power bank rental machines in which you have to simply install their app to get your power bank on rent. Also, apart from best services,European region have many charge stations that can be easily find. A Singapore start-up ‘Brezze’ offers power banks across public locations as transport hubs, public malls where one can grab a power bank from a remote ‘Brezze station’ and deposit back to any such station after use.While travelling in metro and trains, the shared plugs have low vacancy rate and remain engaged. Power bank rental provides easy accessibility and superfast charging.This factor is envisioned to bolster the growth of power bank rental market during the forecast period.

The barriers of power bank rentals is the evolution in technology; like many smartphones nowadays come with long battery back- up that can support one charge per day. Also, people are used of carrying more than one smartphones for emergency purposes like if one of the phone gets discharged, one can use another. This can also reduce the demand for power bank rentals.

Regional Analysis

Regionally, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific holds the significant share in the global power bank rental market. This can be attributed to presence of large number of power bank rental companies in the region. Further, increasing number of smartphone adoption and willingness of people to pay for power bank rental service is likely to boost regional demand in the coming years.

China and Hong Kong have been in power bank rental market for long time. They have very different model of power bank rental,they have a strong ecosystem of payment where shared power bank are made in a way that if anyone don’t return power back some150 RMB gets deducted from the wallet.

Market Segmentation

By Pricing Plan

  • Pay as you go
  • Quarterly/Annual Membership

By Partners

  • Commercial Spaces
  • Retail and Shopping Centers
  • Bars and Clubs
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

The power bank rental market report profiles various major and niche power bank rental manufactures with their detailed company information, product portfolio, SWOT analysis, financial performance, company business strategy, controlled companies and subsidiaries, manufacturing plants and office locations, recent developments and strategic moves (i.e. acquisition, expansion, merger & joint venture, investment etc.)

Some of the major companies included in power bank rental market report are Brezze, PlugoTM, Energy Monster, Power2impact, WeCharge, Wattah, GoCharge, charg2go, unirent, Redshare Inc., Spiders Charge, Laidian Technology Co. Ltd., among others.

The power bank rental research report includes:

  • Analysis of demand trends
  • Market size and five year forecasts of market trend and growth
  • Detailed segmentation of global and regional market
  • Company profiles of major players
  • Consumer profile analysis

Why buy this report?         

  • Inform your marketing, brand, strategy and market development, sales and supply functions
  • Track key industry trends, opportunities and threats
  • Gain competitive intelligence about market leaders

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