6Wresearch-India Power Bank Market CY 4Q’ 2014


India Power Bank Market shipments value reached $6.91 million for CY 4Q 2014. Power Bank with 5200 MAH battery capacity captured major share of the market-6Wresearch

May, 2015

Modernization in living standards coupled with increasing consumer procuring power and rapid economic developments have abruptly fuelled the growth of the India Electronics Market. Additionally, increase in demand for Internet of Things (IoT) devices such as smartphones, tablets/phablets and laptops have further driven the growth of the Electronics Market in India.

According to 6Wresearch, India Power Bank shipments value reached $6.91 million for CY 4Q 2014. Power Bank with 5200 MAH battery capacity registered major share of the market followed by 10400 MAH capacity. Some of the key players in the India Power Bank Market are Xiaomi, Portronics, Pebble, Croma, Envent and Intex.

India Power Bank Market CY 4Q’ 2014

     Key Highlights

  1. As many as 95 vendors shipped Power Banks
  2. Xiaomi, Portronics and Croma together captured around 45% share of the market
  3. 7 OEM’s shipped above 20,000 Power Banks

According to Anuj Mehrotra (Research Analyst, 6Wresearch-India Electronics Division)“Mobile Phones which were primarily known for providing voice communications has now emerged as an entertaining device among the Indian consumers”.

“With Smartphones becoming an essential part of the living society, the demand for portable chargers grew substantially over the last few quarters. Further, with rising consumer awareness the market is expected to register tremendous growth over the coming period”, he further added.

Rise in demand and intense competition is declining the ownership cost of Power Banks in the Indian market. Additionally, growing domestic production & assembly and entry of new vendors have further decreased the prices of power banks.

India Power Bank Market CY 4Q’ 2014 provides in-depth analysis and insights on the market share of vendors & models, avg. FOB & market price and revenue by vendors and models.

Advertisements

Author: 6wresearch- Market Intelligence Solutions

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography. Our Research Process Outsourcing (RPO) division enables our client to reduce their cost by outsourcing their research needs and focusing on their core competency. Our Business Model The prime motto of 6Wresearch is to see the exponential growth of our clients by meeting all the research requirements. 6Wresearch is pioneer in implementing 6W (what, where, when, who, when and how) model across its research cycle. We believe that exhaustive research can only be accomplished if it covers all six dimensions of research: What to invest in: What product and services is to produce to target potential market? Where to invest: Which geography to enter? When to invest: When is the right time to enter to the market? Whom to target: Who is your target consumer and buyers? Why to invest: What growth and opportunity the target market is offering? How to invest: What is the right strategy to enter the target market? Our integrated survey based model enable us to deliver real insights from key industry players which enable our clients to acquaint themselves with key industry trends & developments and devise various strategies for growth. Our Core Beliefs/Values 6Wresearch values its client and believes in maintaining long term relationship with them by providing high quality research solutions. 6Wresearch maintains its core beliefs and values by complementing Commitment towards standards, ethics and integrity, Ensuring client satisfaction, Maintaining full transparency. To find details on our members and associates please go to our directory of members.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s