Middle East & Africa Power Bank Market Forecast to 2030
Middle East & Africa Power Bank Market Forecast to 2030 – Regional Analysis – by Capacity (1000-5000 mAh, 5001-10000 mAh, 10001-15000 mAh, 15001-20000 mAh, and Above 20001 mAh), Battery Type (Lithium-Ion Battery and Lithium-Polymer Battery), Indicator (LED Lighting and Digital Display), and Application (Smartphone, Tablet, Laptop, Wearable Device, Digital Camera, and Others)
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Description
Increasing Penetration of Smartphones and Other Electronic Devices and Rising Power Outrage Problems Fuel Middle East & Africa Power Bank Market
The growing global focus on environmental sustainability has led to the emergence of eco-friendly power banks. One of the essential benefits of using solar power banks is that they are environmentally friendly and can help reduce and greenify power consumption when charging electronic devices. As a result, people can save some money on their monthly electrical bills. Solar power banks are also safe to bring anywhere people want to carry. Another benefit of using solar power banks is that they are compatible with almost all types of phones and other electronic devices.
The rising popularity of electronic devices, such as smartphones, tablets, laptops, and wearable gadgets, has created a need for portable charging options. Eco-conscious consumers who prefer using energy-efficient and sustainable devices are likely to invest in power banks that align with their environmental values. Power banks enable users to charge their devices on the go, reducing the reliance on traditional power outlets and minimizing energy waste. Power banks are particularly valuable in off-grid or remote areas where access to electricity infrastructure is limited or unreliable. In such regions, eco-friendly power solutions, such as solar-powered or hand-cranked power banks, are becoming increasingly popular. These devices can harness renewable energy sources to charge and store energy, providing sustainable power options for users in rural or underserved communities.
With the growing environmental concerns, consumers actively seek products and brands demonstrating a sustainability commitment. Power banks that are marketed as eco-friendly or made from recycled materials can attract environmentally conscious buyers. Manufacturers and retailers recognize the importance of incorporating sustainability into their offerings to enhance their brand reputation and appeal to a broader customer base. Various market players are launching new eco-friendly power banks.
Middle East & Africa Power Bank Market Overview
The semiconductor industry in the Middle East & Africa (MEA) has grown steadily and gained traction in recent years. Several countries in the Middle East, such as the UAE, Saudi Arabia, and Israel, have been focusing on semiconductor design and development. They invest in R&D centers, innovation hubs, and technology parks to foster local talent and drive semiconductor-related innovation. The MEA has seen the emergence of startups and entrepreneurial ventures in the semiconductor field. These startups are engaged in various aspects of the semiconductor industry, including chip design, embedded systems, and IoT (Internet of Things) solutions. To boost the semiconductor industry, countries in the Middle East have been forming strategic partnerships with international technology companies and attracting foreign investments. The UAE partnered with global semiconductor giant Advanced Micro Devices (AMD) in 2020. Also, in February 2023, Oman opened the door to the chip industry in the MEA to increase semiconductor production.
The demand for power banks is closely linked to the growing semiconductor industry. As the semiconductor industry advances and introduces new technologies, it directly impacts the demand for power banks. The growing semiconductor industry drives the demand for power banks by introducing power-seeking devices, promoting the use of portable electronics, addressing energy efficiency concerns, catering to a tech-savvy consumer base, and enabling connectivity in emerging markets. As the semiconductor industry continues to evolve in the MEA, it will likely impact the Middle East & Africa Power Bank Market , driving innovation and increasing demand for portable charging solutions.
Middle East & Africa Power Bank Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Power Bank Market Segmentation
The Middle East & Africa Power Bank Market is segmented into Capacity, Battery, Indicator, Application, and Country.
Based on capacity, the Middle East & Africa Power Bank Market is segmented into 10001-15000 mAh, 15001-20000 mAh, above 20001 mAh, 5001-10000 mAh, and 1000-5000 mAh. 10001-15000 mAh segment held the largest share of the Middle East & Africa power bank market in 2023.
Based on battery type, the Middle East & Africa power bank market is segmented into lithium-ion battery and lithium-polymer battery. The lithium-ion battery segment held a larger share of the Middle East & Africa power bank market in 2023.
Based on indicator, the Middle East & Africa Power Bank Market is segmented into LED lighting and digital display. The LED lighting segment held a larger share of the Middle East & Africa power bank market in 2023.
Based on application, the Middle East & Africa power bank market is segmented into smartphone, wearable devices, laptop, tablet, digital camera, and others. The smartphone segment held the largest share of the Middle East & Africa power bank market in 2023.
Based on country, the Middle East & Africa power bank market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the share of the Middle East & Africa power bank market in 2023.
ADATA Technology Co., Ltd; Anker Innovation Technology Co Ltd, Lenovo Group Ltd, and Xiaomi Corp are some of the leading companies operating in the Middle East & Africa power bank market.
Summary Info
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According to the research team research, the Middle East & Africa Power Bank Market was valued at US$ 931.77 million in 2023 and is expected to reach US$ 1,948.72 million by 2030, registering a CAGR of 11.1% from 2023 to 2030. Increasing penetration of smartphones and other electronic devices and rising power outrage problems are the critical factors attributed to the Middle East & Africa power bank market.
People are highly dependent on electricity for powering consumer electronics. Therefore, there is a need for constant and uninterrupted power supply. However, there is a surge in power outages worldwide due to changing weather conditions, storms, and aging power infrastructure. For instance, Individuals and businesses seek alternative power sources to keep their smartphones, laptops, tablets, and other electronic devices functioning during blackouts. People want to ensure they have reliable power sources in case of unexpected power failures or during natural disasters. Therefore, the rising power outage issues are fueling the demand for power banks.
On the contrary, rising installation of charging infrastructures in public places hampers the Middle East & Africa power bank market.
Based on capacity, the Middle East & Africa power bank market is segmented into 10001-15000 mAh, 15001-20000 mAh, above 20001 mAh, 5001-1000 mAh, and 1000-5000 mAh. The 10001-15000 mAh segment held 45.6% share of Middle East & Africa power bank market in 2023, amassing US$ 424.93 million. It is projected to garner US$ 947.39 million by 2030 to expand at 12.1% CAGR during 2023–2030.
Based on battery type, the Middle East & Africa power bank market is segmented into lithium-ion battery and lithium-polymer battery. The lithium-ion battery segment held 88.2% share of Middle East & Africa power bank market in 2023, amassing US$ 821.41 million. It is projected to garner US$ 1,707.07 million by 2030 to expand at 11.0% CAGR during 2023–2030.
Based on indicator, the Middle East & Africa power bank market is segmented into LED lighting, and digital display. The LED lighting segment held 72.2% share of Middle East & Africa power bank market in 2023, amassing US$ 672.27 million. It is projected to garner US$ 1,378.71 million by 2030 to expand at 10.8% CAGR during 2023–2030.
Based on application, the Middle East & Africa power bank market is segmented into smartphone, wearable devices, laptop, tablets, digital camera, and others. The smartphone segment held 57.1% share of Middle East & Africa power bank market in 2023, amassing US$ 531.87 million. It is projected to garner US$ 1,170.76 million by 2030 to expand at 11.9% CAGR during 2023–2030.
Based on country, the Middle East & Africa power bank market has been categorized into the Saudi Arabia, South Africa, the UAE and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 43.2% share of Middle East & Africa power bank market in 2023. It was assessed at US$ 402.22 million in 2023 and is likely to hit US$ 885.33 million by 2030, exhibiting a CAGR of 11.9% during 2023–2030.
Key players operating in the Middle East & Africa power bank market are ADATA Technology Co., Anker Innovations Technology Co Ltd, Lenovo Group, and Xiaomi Corp, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa Power Bank Market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa Power Bank Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Power Bank Market – By Capacity
1.3.2 Middle East & Africa Power Bank Market – By Battery Type
1.3.3 Middle East & Africa Power Bank Market – By Indicator
1.3.4 Middle East & Africa Power Bank Market – By Application
1.3.5 Middle East & Africa Power Bank Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Power Bank Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa Power Bank Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Penetration of Smartphones and Other Electronic Devices
5.1.2 Rising Power Outrage Problems
5.2 Market Restraints
5.2.1 Rising Installation of Charging Infrastructures in Public Places
5.3 Market Opportunities
5.3.1 Increasing Inclination Toward Eco-Friendly Power Banks
5.4 Future Trends
5.4.1 Wireless Charging Power Banks
5.5 Impact Analysis of Drivers and Restraints
6. Middle East & Africa Power Bank Market – Middle East & Africa Analysis
6.1 Middle East & Africa Power Bank Market Overview
6.2 Middle East & Africa Power Bank Market – Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa Power Bank Market Analysis – By Capacity
7.1 Overview
7.2 Middle East & Africa Power Bank Market, By Capacity (2022 and 2030)
7.301–15000 mAh
7.3.1 Overview
7.3.201–15000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
7.401– 20000 mAh
7.4.1 Overview
7.4.201– 20000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
7.5 Above 20001 mAh
7.5.1 Overview
7.5.2 Above 20001 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
7.61–10000 mAh
7.6.1 Overview
7.6.21–10000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
7.70–5000 mAh
7.7.1 Overview
7.7.20–5000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
8. Middle East & Africa Power Bank Market Analysis – By Battery Type
8.1 Overview
8.2 Middle East & Africa Power Bank Market, By Battery Type (2022 and 2030)
8.3 Lithium-Ion Battery
8.3.1 Overview
8.3.2 Lithium-Ion Battery: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
8.4 Lithium-Polymer Battery
8.4.1 Overview
8.4.2 Lithium-Polymer Battery: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Power Bank Market Analysis – By Indicator
9.1 Overview
9.2 Middle East & Africa Power Bank Market, By Indicator (2022 and 2030)
9.3 LED Lighting
9.3.1 Overview
9.3.2 LED Lighting: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
9.4 Digital Display
9.4.1 Overview
9.4.2 Digital Display: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Power Bank Market Analysis – By Application
10.1 Overview
10.2 Middle East & Africa Power Bank Market Breakdown, By Application, 2022 & 2030
10.3 Smartphone
10.3.1 Overview
10.3.2 Smartphone Market Revenue and Forecast to 2030 (US$ Million)
10.4 Wearable Devices
10.4.1 Overview
10.4.2 Wearable Devices Market Revenue and Forecast to 2030 (US$ Million)
10.5 Laptop
10.5.1 Overview
10.5.2 Laptop Market Revenue and Forecast to 2030 (US$ Million)
10.6 Tablet
10.6.1 Overview
10.6.2 Tablet Market Revenue and Forecast to 2030 (US$ Million)
10.7 Digital Camera
10.7.1 Overview
10.7.2 Digital Camera Market Revenue and Forecast to 2030 (US$ Million)
10.8 Others
10.8.1 Overview
10.8.2 Others Market Revenue and Forecast to 2030 (US$ Million)
11. Middle East & Africa Power Bank Market – Country Analysis
11.1 Overview
11.1.1.1 UAE Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 (US$ Million)
11.1.1.1.1 UAE Middle East & Africa Power Bank Market Breakdown, By Capacity
11.1.1.1.2 UAE Middle East & Africa Power Bank Market Breakdown, By Battery Type
11.1.1.1.3 UAE Middle East & Africa Power Bank Market Breakdown, By Indicator
11.1.1.1.4 UAE Middle East & Africa Power Bank Market Breakdown, By Application
11.1.1.2 Saudi Arabia Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 (US$ Million)
11.1.1.2.1 Saudi Arabia Middle East & Africa Power Bank Market Breakdown, By Capacity
11.1.1.2.2 Saudi Arabia Middle East & Africa Power Bank Market Breakdown, By Battery Type
11.1.1.2.3 Saudi Arabia Middle East & Africa Power Bank Market Breakdown, By Indicator
11.1.1.2.4 Saudi Arabia Middle East & Africa Power Bank Market Breakdown, By Application
11.1.1.3 South Africa Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 (US$ Million)
11.1.1.3.1 South Africa Middle East & Africa Power Bank Market Breakdown, By Capacity
11.1.1.3.2 South Africa Middle East & Africa Power Bank Market Breakdown, By Battery Type
11.1.1.3.3 South Africa Middle East & Africa Power Bank Market Breakdown, By Indicator
11.1.1.3.4 South Africa Middle East & Africa Power Bank Market Breakdown, By Application
11.1.1.4 Rest of MEA Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 (US$ Million)
11.1.1.4.1 Rest of Middle East & Africa Power Bank Market Breakdown, By Capacity
11.1.1.4.2 Rest of Middle East & Africa Power Bank Market Breakdown, By Battery Type
11.1.1.4.3 Rest of Middle East & Africa Power Bank Market Breakdown, By Indicator
11.1.1.4.4 Rest of Middle East & Africa Power Bank Market Breakdown, By Application
12. Industry Landscape
12.1 Overview
12.2 New Product Launches
13. Company Profiles
13.1 ADATA Technology Co., Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Lenovo Group Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Xiaomi Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Anker Innovations Technology Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
14. Appendix
14.1 About Research Team
14.2 Word Index
LIST OF TABLES
Table 1.            Middle East & Africa Power Bank Market – Revenue and Forecast to 2030 (US$ Million)
Table 2.            UAE Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Capacity (US$ Million)
Table 3.            UAE Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Battery Type (US$ Million)
Table 4.            UAE Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Indicator (US$ Million)
Table 5.            UAE Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 6.            Saudi Arabia Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Capacity (US$ Million)
Table 7.            Saudi Arabia Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Battery Type (US$ Million)
Table 8.            Saudi Arabia Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Indicator (US$ Million)
Table 9.            Saudi Arabia Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 10.         South Africa Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Capacity (US$ Million)
Table 11.         South Africa Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Battery Type (US$ Million)
Table 12.         South Africa Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Indicator (US$ Million)
Table 13.         South Africa Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 14.         Rest of Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Capacity (US$ Million)
Table 15.         Rest of Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Battery Type (US$ Million)
Table 16.         Rest of Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Indicator (US$ Million)
Table 17.         Rest of Middle East & Africa Power Bank Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 18.         List of Abbreviation
LIST OF FIGURES
Figure 1.          Middle East & Africa Power Bank Market Segmentation
Figure 2.          Middle East & Africa Power Bank Market Segmentation – By Country
Figure 3.          Middle East & Africa Power Bank Market Overview
Figure 4. 01–15000 mAh Segment held the Largest Share of Middle East & Africa Power Bank Market
Figure 5.          Middle East & Africa to Show Great Traction During Forecast Period
Figure 6.          MEA: PEST Analysis
Figure 7.          Expert Opinion
Figure 8.          Middle East & Africa Power Bank Market Impact Analysis of Drivers and Restraints
Figure 9.          Middle East & Africa Power Bank Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10.       Middle East & Africa Power Bank Market Revenue Share, By Capacity (2022 and 2030)
Figure 11. 01–15000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 12. 01– 20000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 13.       Above 20001 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 14. 1–10000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 15. 0–5000 mAh: Middle East & Africa Power Bank Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 16.       Middle East & Africa Power Bank Market Revenue Share, By Battery Type (2022 and 2030)
Figure 17.       Lithium-Ion Battery: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
Figure 18.       Lithium-Polymer Battery: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
Figure 19.       Middle East & Africa Power Bank Market Revenue Share, By Indicator (2022 and 2030)
Figure 20.       LED Lighting: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
Figure 21.       Digital Display: Middle East & Africa Power Bank Market- Revenue and Forecast to 2030 (US$ Million)
Figure 22.       Middle East & Africa Power Bank Market Breakdown, By Application (2022 and 2030)
Figure 23.       Smartphone Market Revenue and Forecast to 2030 (US$ Million)
Figure 24.       Wearable Devices Market Revenue and Forecast to 2030 (US$ Million)
Figure 25.       Laptop Market Revenue and Forecast to 2030 (US$ Million)
Figure 26.       Tablet Market Revenue and Forecast to 2030 (US$ Million)
Figure 27.       Digital Camera Market Revenue and Forecast to 2030 (US$ Million)
Figure 28.       Others Market Revenue and Forecast to 2030 (US$ Million)
Figure 29.       Middle East & Africa Power Bank Market Breakdown, by Key Country- Revenue (2022) (US$ Mn)
Figure 30.       Middle East & Africa Power Bank Market Breakdown, by Key Country, (2022 & 2030) (%)
Figure 31.       UAE Middle East & Africa Power Bank Market, Revenue and Forecast To 2030 (US$ Million)
Figure 32.       Saudi Arabia Middle East & Africa Power Bank Market, Revenue and Forecast To 2030 (US$ Million)
Figure 33.       South Africa Middle East & Africa Power Bank Market, Revenue and Forecast To 2030 (US$ Million)
Figure 34.       Rest of MEA Middle East & Africa Power Bank Market, Revenue and Forecast To 2030 (US$ Million)
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The List of Companies – Middle East & Africa Power Bank Market
o ADATA Technology Co., Ltd                        Â
o Anker Innovations Technology Co Ltd  Â
o Lenovo Group Ltd                                           Â
o Xiaomi Corp                                                    Â
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