Industry: Retail and Consumer | Publish Date: 29-Jul-2025 | No of Pages: 202 | No. of Tables: 186 | No. of Figures: 91 | Format: PDF | Report Code : RC1493
India Power Bank Market size was valued at USD 151.12 million in 2023, and is predicted to reach USD 188.97 million by 2030, with a CAGR of 2.8% from 2024 to 2030.
The power bank industry is dedicated to designing, manufacturing, and distributing portable charging devices. These devices, typically equipped with lithium-ion or lithium-polymer batteries, are engineered to store electrical energy and provide on-the-go charging for many portable electronic devices such as smartphones, tablets, digital cameras, and laptops. The industry has evolved rapidly, responding to the increasing reliance on mobile devices and the consequent need for portable power solutions.
The advantages of power banks are numerous and significant. Their primary benefit lies in their portability, allowing users to charge electronic devices without a stationary power source. This feature mainly benefits people who travel frequently or engage in outdoor activities. Moreover, power banks are designed to be compact and lightweight, enhancing their convenience.
Additionally, modern power banks are available in various capacities, enabling them to store enough energy to charge multiple devices or provide several charges to a single device, which is especially useful during extended periods away from traditional power sources. However, the environmental impact of these devices, particularly the production and disposal of lithium batteries, is a concern, necessitating proper recycling and disposal methods to minimize their ecological footprint.
The shift towards hybrid and remote working across urban India is fueling a steady demand for portable charging solutions. With professionals increasingly working from co-working spaces, cafés, or while traveling, the need for reliable backup power has become essential. Power banks serve as a critical tool for ensuring uninterrupted productivity, especially in a country where occasional power outages and long commutes are common. This shift is pushing manufacturers to offer more durable, fast-charging, and lightweight power banks tailored for on-the-go professionals.
India's digital revolution has led to a surge in smartphone users across both urban and rural regions. From online education and mobile gaming to digital banking and OTT streaming, the growing reliance on mobile devices has created an urgent need for auxiliary charging options. Power banks are now seen not just as a convenience but a necessity, particularly among students, gig workers, and frequent travelers. This expanding digital dependency continues to be a major growth engine for the Indian power bank market.
Environmental concerns are emerging as a key restraint in the India power bank market, primarily due to the ecological impact of lithium-ion battery production and disposal. The use of hazardous materials like cobalt and nickel, combined with energy-intensive manufacturing processes, contributes to environmental degradation and carbon emissions. Moreover, India’s limited battery recycling infrastructure leads to improper disposal, raising risks of soil and water contamination. As sustainability becomes a priority for both consumers and regulators, the lack of eco-friendly practices poses a significant challenge to market growth, highlighting the need for greener alternatives and stricter waste management policies.
The India power bank market stands on the cusp of significant growth fueled by breakthroughs in battery technology, particularly the adoption of graphene batteries. With superior conductivity, faster charging, and longer lifespan compared to traditional lithium-ion batteries, graphene-powered power banks are perfectly suited to meet the demands of India’s expanding smartphone user base, including those in rural and semi-urban regions. As consumers increasingly seek durable, high-performance, and eco-friendly energy solutions, this technological shift offers Indian manufacturers and innovators a prime opportunity to capture market share and align with the country’s push for sustainable and self-reliant electronics. This evolution promises to set new standards in efficiency and user convenience, unlocking vast potential for the power bank market across India.
The India Power Bank industry includes Ambrane India Pvt. Ltd., Syska Mobile Accessories, Portronics (Portronics Digital Pvt. Ltd.), Zebronics (Zebronics India Pvt. Ltd.), Mi India (Xiaomi India Pvt. Ltd.), Samsung India Electronics Pvt. Ltd., Boat (BoAt Lifestyle India Ltd.), Intex Technologies (India) Ltd., Philips (Philips India Ltd.), Mivi (Mivi Innovations Pvt. Ltd.), Infinix (Infinix Mobility India), Aukey (Shenzhen Aukey E-Commerce Co. Ltd.), Remax (Shenzhen R-Team Technology Co. Ltd.), Baseus (Baseus India), PTron (Palred Electronics Pvt. Ltd.), Nextech (Amson Technologies Pvt. Ltd.), D-Power India (D-Power Accessories Pvt. Ltd.), XCool India, Pebble (Cirris India Pvt. Ltd.), Lapguard Technologies Pvt. Ltd., Duracell, Amazon Basics, Stuffcool, iBall, and Belkin.
Up to 5,000 mAh
5,001 to 10,000 mAh
10,001 to 20,000 mAh
Above 20,000 mAh
Lithium-Ion (Li-Ion)
Lithium-Polymer (Li-Po)
Mini Power Banks
Compact Power Banks
Large High-Capacity Power Banks
Magsafe or Wireless Charging Support
Standard Charging Support
1 to 2 Ports
3 to 5 Ports
More than 5 ports
Standard Power Banks
Rugged Power Banks
Power Banks with Display Technology
Power Banks without Display Technology
Universal Power Banks
Device-Specific Power Banks
Less than 15W
15-65W
66 to 200W
More than 200W
E-commerce or Online
Offline
Key Players
Ambrane India Pvt. Ltd.
Syska Mobile Accessories
Portronics (Portronics Digital Pvt. Ltd.)
Zebronics (Zebronics India Pvt. Ltd.)
Mi India (Xiaomi India Pvt. Ltd.)
Samsung India Electronics Pvt. Ltd.
Boat (BoAt Lifestyle India Ltd.)
Intex Technologies (India) Ltd.
Philips (Philips India Ltd.)
Mivi (Mivi Innovations Pvt. Ltd.)
Infinix (Infinix Mobility India)
Aukey (Shenzhen Aukey E-Commerce Co. Ltd.)
Remax (Shenzhen R-Team Technology Co. Ltd.)
Baseus (Baseus India)
PTron (Palred Electronics Pvt. Ltd.)
Nextech (Amson Technologies Pvt. Ltd.)
D-Power India (D-Power Accessories Pvt. Ltd.)
XCool India
Pebble (Cirris India Pvt. Ltd.)
Lapguard Technologies Pvt. Ltd.
Duracell
Amazon Basics
Stuffcool
iBall
Belkin
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 151.12 Million |
Revenue Forecast in 2030 |
USD 188.97 Million |
Growth Rate |
CAGR of 2.8% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
15 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |