SHARED POWER BANK MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Shared Power Bank Market Size and Forecast – 2025-2032

The Global Shared Power Bank Market is estimated to be valued at USD 1.56 Bn in 2025 and is expected to reach USD 4.23 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 15.3% from 2025 to 2032.

Key Takeaways of the Global Shared Power Bank Market:

• The 8,001 mAh to 20,000 mAh segment is expected to lead the market holding a share of 34.1% in 2025.
• The lithium-ion segment is projected to dominate with a share of 83.6% in 2025.
• Asia Pacific is estimated to lead the market with a share of 51.7% in 2025. North America, holding a share of 26.3% in 2025, is projected to be the fastest growing region.

Market Overview:

The shared power bank market is experiencing significant growth due to the increasing adoption of smartphones and other portable electronic devices, coupled with the rising need for convenient and accessible charging solutions. The trend towards urbanization and the growing number of public spaces, such as airports, shopping malls, and restaurants, are driving the demand for shared power bank services. Additionally, advancements in technology, such as the development of high-capacity batteries and fast-charging capabilities, are further fueling market growth.

Current Events and their Impact

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Segmental Analysis

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Global Shared Power Bank Market Insights, by Capacity Range – High Capacity and Longer Usage Drive the Demand for 8,001 mAh to 20,000 mAh Shared Power Banks

In terms of capacity range, the 8,001 mAh to 20,000 mAh segment is expected to contribute the highest share of 34.1% in the market in 2025 owing to the increasing demand for high-capacity shared power banks that offer longer usage time. This segment's popularity can be attributed to several factors that drive its growth.

Firstly, the 8,001 mAh to 20,000 mAh range provides users with ample power to charge their devices multiple times without the need for frequent recharging of the shared power bank itself. This is particularly advantageous for individuals who heavily rely on their smartphones, tablets, or other electronic devices throughout the day, such as business professionals, students, and travelers. The convenience of having a reliable and long-lasting power source on the go has significantly contributed to the growth of this segment.

Secondly, the advancements in battery technology have enabled manufacturers to develop shared power banks with higher capacities while maintaining a compact and portable form factor. This has made the 8,001 mAh to 20,000 mAh segment more attractive to consumers who seek a balance between power and portability. The improved energy density of modern lithium-ion batteries has allowed for the creation of shared power banks that can store more energy without significantly increasing their size or weight.

Moreover, the increasing adoption of shared power bank services in public spaces, such as shopping malls, airports, and train stations, has further fueled the demand for high-capacity power banks. These services offer users the convenience of renting a shared power bank when their device's battery is running low, eliminating the need to carry personal power banks. The 8,001 mAh to 20,000 mAh segment is well-suited for these services as it provides a longer usage time, reducing the frequency of power bank replacements and maintaining a seamless user experience.

Global Shared Power Bank Market Insights, by Battery Type - Lithium-ion Batteries Dominate Due to their Superior Performance

In terms of battery type, the lithium-ion segment is expected to contribute the highest share of 83.6% in the market in 2025 due to its superior performance, safety, and reliability compared to other battery technologies. Several factors have contributed to the dominance of lithium-ion batteries in the shared power bank market.

Firstly, lithium-ion batteries offer a high energy density, which allows for the creation of compact and lightweight shared power banks with high capacities. This is particularly important for shared power bank services, as users prefer portable and easy-to-carry devices that can provide ample power for their charging needs. The high energy density of lithium-ion batteries enables manufacturers to design shared power banks that strike a balance between capacity and portability, making them more appealing to consumers.

Secondly, lithium-ion batteries have a lower self-discharge rate compared to other battery technologies, such as nickel-metal hydride (NiMH) or nickel-cadmium (NiCd). This means that lithium-ion-based shared power banks can retain their charge for longer periods, even when not in use. This is crucial for shared power bank services, as it ensures that the devices are ready to use when needed, reducing the frequency of recharging and maintenance.

Furthermore, lithium-ion batteries have a longer lifespan compared to other battery types, which is essential for the cost-effectiveness and sustainability of shared power bank services. With a higher number of charge cycles, lithium-ion batteries can withstand the frequent usage and recharging that shared power banks undergo, reducing the need for frequent battery replacements and lowering the overall operational costs for service providers.

Pricing Analysis of the Shared Power Bank Market:

Shared power bank services typically employ time-based rental models, with variations based on capacity tiers and geographic markets. Pricing structures generally include:

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Regional Insights

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Asia Pacific Shared Power Bank Market Analysis and Trends

Asia Pacific, holding a share of 51.7% in 2025, is expected to dominate the global shared power bank market. The region's vast population, coupled with the increasing adoption of smartphones and other mobile devices, has created a significant demand for shared power banks. The growing trend of mobile connectivity and the need for convenient charging solutions on the go have further fueled the market growth. Moreover, the presence of major players in the region, such as Anker, Xiaomi, and Joyroom, has contributed to the market's dominance. These companies have been actively investing in research and development, product innovation, and expanding their distribution networks to cater to the diverse needs of consumers.

North America Shared Power Bank Market Analysis and Trends

North America, holding a share of 26.3% in 2025, is expected to exhibit the fastest growth in the global shared power bank market. The region's growth can be ascribed to its advanced technological infrastructure, high smartphone penetration, and widespread use of mobile-dependent services. The region benefits from an early adoption of shared charging technologies across urban centers, airports, and university campuses. Key players have established dense shared power bank networks in major metropolitan areas, ensuring easy access for consumers on the go. Furthermore, the growing integration of smart city initiatives, coupled with a tech-savvy population, supports the region’s leadership in market value. Strategic collaborations between telecom providers, retail chains, and charging service companies have further fueled market expansion across the U.S. and Canada.

Global Shared Power Bank Market Outlook for Key Countries:

U.S. Shared Power Bank Market Analysis and Trends

The U.S. shared power bank market is driven by the country's tech-savvy population and the increasing reliance on mobile devices for communication, entertainment, and work. Major players such as ChargePoint and Blink Charging have been instrumental in expanding the shared power bank infrastructure across the country. They have partnered with retailers, hospitality businesses, and public transit systems to provide accessible charging solutions. The market growth is further supported by the rising trend of remote work and the need for reliable charging options on the go.

China Shared Power Bank Market Analysis and Trends

China continues to lead the shared power bank market, due to its massive population, widespread smartphone adoption, and the presence of major players like Anker and Xiaomi. The country's tech-driven ecosystem and the increasing availability of shared power banks in public spaces have been key drivers of market growth. Chinese companies have also been actively expanding their presence in international markets, leveraging their expertise and cost-effective solutions to gain market share.

Germany Shared Power Bank Market Analysis and Trends

Germany shared power bank market is characterized by a strong focus on innovation and sustainability. The country's leading players, such as Ubitricity and Elli, have been at the forefront of developing advanced shared power bank solutions that prioritize energy efficiency and user convenience. The German government's support for electric mobility and the growing network of charging infrastructure have further boosted the adoption of shared power banks. The market growth is also driven by the increasing popularity of mobile payment solutions and the integration of shared power banks with existing payment platforms.

India Shared Power Bank Market Analysis and Trends

India shared power bank market is experiencing significant growth, driven by the country's large population, increasing smartphone penetration, and the rising demand for convenient charging solutions. Major players like Ola Electric and Charge+Zone have been actively expanding their presence in the market, offering affordable and accessible shared power bank services. The Indian government's initiatives to promote digital payments and the development of smart cities have further contributed to the market's growth. The increasing adoption of shared power banks in public transportation, such as buses and trains, has also been a notable trend in the country.

Market Players, Key Development, and Competitive Intelligence

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Key Developments:

• In August 2024, UGREEN, a leader in consumer electronics and charging technology, launched the Nexode Power Bank series in the Middle East. UGREEN Nexode Power Bank series includes three models: 25,000 mAh 200W, 20,000 mAh 130W, and 12,000 mAh 100W.
• In September 2022, INIU, the industry-leading charging innovator of intelligent devices, launched its adventure-tier 65W fast-charging power bank with an enormous capacity of 25,000mAh-INIU B63 (INIU the Ultimate)
• In August 2022, INIU introduced its 2022 upgraded INIU PowerPaw Slim, the market's one and only 0.5-inch portable power bank
• In August 2022, Anker, an electronics company, introduced the Anker 737 power bank with 140W output, catering to high-end laptop charging needs

Top Strategies Followed by Global Shared Power Bank Market Players

• Established players in the global shared power bank market are focusing on extensive research and development to innovate high-performance products. These companies are investing heavily in R&D to develop advanced technologies, such as fast charging, wireless charging, and high-capacity batteries, to meet the growing demand for efficient and reliable power banks.
  • In 2021, Anker launched the 5K MagSafe battery, which is slimmer and offers faster charging capabilities with 15W Qi2 wireless charging speeds.

• Mid-level players in the market are adopting strategies focused on delivering quality, budget-friendly products targeting price-sensitive consumers. These companies are leveraging cost-effective manufacturing processes and sourcing strategies to offer competitive pricing without compromising on product performance.
  • UGREEN, a China-based consumer electronics brand, specializes in producing cost-effective charging solutions, including power banks and charging cables.

• Small-scale players in the shared power bank market are targeting niche markets with unique features and innovative products. These companies are focusing on developing specialized solutions that cater to specific customer needs, such as portable power banks for outdoor activities or slim designs for easy portability. Moreover, they are adopting cutting-edge technologies, such as USB-C and gallium nitride (GaN) technology, to remain competitive in the market. Small players are also forming local alliances with startups and local manufacturers to gain market entry and visibility in specific regions.
  • VoltEase, a Germany-based startup, has introduced a rugged, solar-powered shared power bank designed for outdoor activities. This product features USB-C fast charging and GaN-based circuitry, catering to niche markets such as adventure parks and hiking trails.

Market Report Scope

Market Dynamics

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Global Shared Power Bank Market Driver - Rising smartphone penetration and battery consumption

The global shared power bank market is greatly driven by the increasing adoption of smartphones globally as smartphones are creating demand for convenient and accessible charging solutions. According to the Groupe Spéciale Mobile Association (GSMA)'s annual State of Mobile Internet Connectivity Report published in 2023, an estimated 4.3 billion people worldwide, or over 54% of the global population, own a smartphone.

Now, the modern features and capabilities of smartphones drain the battery fast, leaving users in need of frequent charging. Shared power banks are a practical solution to this problem, keeping smartphones charged in public spaces.

Global Shared Power Bank Market Opportunity - Integration with 5G and IoT Ecosystems

5G technology make possible faster data transmission, lower latency, and increased connectivity. Shared power banks can transfer this infrastructure to offer improved services and user experiences. By integrating with 5G networks, shared power banks can provide users with real-time information about available charging stations, battery levels, and estimated charging times, improving convenience and efficiency. For instance, ChargerGoGo, a shared power bank provider, partnered with major event organizers like Danny Wimmer Presents and Life Is Beautiful to deploy IoT-enabled charging stations at large-scale music festivals.

To add to this, integrating shared power banks with IoT devices and smart city infrastructure can create new revenue streams and business models. To take an example, power banks equipped with sensors can collect valuable data on usage patterns, energy consumption, and user preferences, which can be analyzed to optimize services and develop targeted marketing strategies.

Analyst Opinion (Expert Opinion):

• The global shared power bank market is influenced by several critical factors shaping consumer behavior, driven by technological dependency, convenience demands, and shifting economic preferences. Proximity to high-traffic areas significantly impacts adoption. Consumers prioritize locations like shopping malls, airports, and public transit hubs where sudden battery drainage disrupts activities. For instance, Relink’s partnerships with European metro stations ensure 24/7 availability, reducing "low-battery anxiety.
• Infrastructure integration matters, as seamless network connectivity and payment systems enable frictionless rentals. In cities like London, shared power banks embedded in café tables or vending machines leverage existing infrastructure for instant access.
• Consumers tend to prefer per-hour rates (e.g., USD 1/hour in the U.S.) over ambiguous subscription plans. In contrast, tiered pricing in Southeast Asia (e.g., lower rates for first 30 minutes) attracts cost-conscious users.

Market Segmentation

•  Capacity Range Insights (Revenue, USD Bn, 2020 - 2032)
• • 8,001 mAh to 20,000 mAh
  • 3,001 mAh to 8,000 mAh
  • Above 20,000 mAh
  • Up to 3,000 mAh
•  Battery Type Insights (Revenue, USD Bn, 2020 - 2032)
• • Lithium-ion
  • Lithium Polymer
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
• • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
• • Xiaomi
  • Anker Technology Co. Ltd.
  • Lenovo Group Ltd.
  • RAVPower
  • Sony Corporation
  • Panasonic Corporation
  • Samsung SDI
  • Philips
  • ETEK
  • Charge Buddy
  • Power Bank Rent
  • Power2Impact
  • WATTAH
  • WINNSEN INDUSTRY
  • ChargeFon

Sources

Primary Research Interviews:

Stakeholders:

• Mobile Device Manufacturers (e.g., Product Managers, Charging Hardware Engineers)
• Shared Power Bank Service Providers (e.g., Infrastructure Heads, Business Development Managers)
• Battery Technology Experts and Chemists
• Urban Infrastructure Planners and Smart City Project Heads
• Telecom Tower Leasing and Utility Kiosk Operators
• E-mobility and Charging Solutions Consultants

Databases:

• World Mobile Technology Index
• Global Infrastructure Grid Database
• International Telecommunications Union (ITU) Statistics
• Smart Mobility Atlas
• UrbanTech Open Data Portal

Magazines:

• MobileTech Weekly
• Portable Energy World
• Charging Trends Magazine
• Smart Infrastructure Today
• Urban Mobility News

Journals:

• Journal of Portable Power Solutions
• International Journal of Battery Innovation
• Urban Electronics & Mobility Review
• Journal of Mobile Infrastructure & Power Systems
• Smart Cities and Urban Tech Journal

Newspapers:

• The Mobile Times
• Tech Global Daily
• Urban Development Herald
• Digital Asia News
• The North American Tech Tribune

Associations:

• Global Portable Energy Association (GPEA)
• Smart City Infrastructure Council (SCIC)
• International Charging Station Consortium (ICSC)
• Urban Connectivity & Power Alliance (UCPA)
• PowerTech Asia Network

Public Domain Sources:

• U.S. Census Bureau
• EUROSTAT
• United Nations Economic Commission for Europe (UNECE)
• World Bank
• ResearchGate

Proprietary Elements:

• CMI Data Analytics Tool, Proprietary CMI Existing Repository of Information for Last 8 Years