South Korea Power Bank Rental Service Market Size, Share, and COVID-19 Impact Analysis, By Type (Micro USB, Type C, and iOS Cable), By Application (Mobiles, Laptops, and Others), By End User (Cafes and Restaurants, Bars and Clubs, Retail and Shopping Centers, Transportation Hub, and Others), and South Korea Power Bank Rental Service Market Insights, Industry Trend, Forecasts to 2035.

South Korea Power Bank Rental Service Market Insights Forecasts to 2035

• The South Korea Power Bank Rental Service Market Size is Expected to Grow at a CAGR of around 6.2% from 2025 to 2035
• The South Korea Power Bank Rental Service Market Size is Expected to Hold a Significant Share by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Power Bank Rental Service Market Size is anticipated to hold a significant share by 2035, growing at a CAGR of 6.2% from 2025 to 2035. The market is driven by increasing smartphone usage, urban mobility, and public infrastructure development that favors shared charging solutions across high-footfall locations.

Market Overview

The South Korean power bank rental market is growing leaps and bounds because of high smartphone penetration in the country, urban culture, and use of digital payments. Power bank rental stalls, which are usually located at airports, subways, shopping malls, concerts, and cafes, provide users with a hassle-free and on-the-move charging solution. A population that is mobile-first and technologically savvy, along with convenience requirements, is driving the use of app-based rental services. With greater deployment of 5G networks and power-hungry apps such as mobile video, social media, and navigation, the need for on-demand charging is rising sharply. Strategic partnerships between telecommunication operators, e-commerce apps, and rental providers are also bringing power bank rentals onto lifestyle platforms.

Report Coverage

This research report categorizes the market for the South Korea power bank rental service market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea power bank rental service market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea power bank rental service market.

Driving Factors

The increased application of tablets, smartphones, and wearable technology, devices that are constantly being charged and are power-consuming. Since contemporary consumers increasingly depend on cell phones for communication, entertainment, purchasing, and navigation, they need easy, efficient charging stations. Toward this end, people and semi-public places like shopping malls, rail stations, eateries, and travel destinations are installing power bank rental kiosks in their customer care. This enhances stay duration and customer satisfaction.

Restraining Factors

Battery Efficiency Upgrades, later smartphone releases with longer battery life and faster recharging decrease emergency charging incidents. Pilferage, impairment, and charging unit maintenance continue to be operators' logistics issues. Over-competition in large city areas could restrict potential for growth unless extended to smaller communities or supported by other forms of service.

Market Segmentation

The South Korea Power Bank Rental Service Market share is classified into type, application, and end user.

• The type C segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea power bank rental service market is segmented by type into micro-USB, type C, and iOS cable. Among these, the type C segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Type-C cables provide faster charging and data transfer and are compatible with most contemporary laptops, tablets, and smartphones, including Android and cross-platform devices. To satisfy the increasing demand from customers, power bank rental companies are outfitting their kiosks and gadgets with universal Type-C connectivity as USB-C becomes the norm for consumer electronics in South Korea.

• The mobiles segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea power bank rental service market is segmented by application into mobiles, laptops, and others. Among these, the mobiles segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. South Koreans utilize their mobile phones so heavily for calls, gaming, video watching, and online shopping, they get their batteries depleted when they are not at home.  Power bank rental booths in shopping centers, cafes, and subway stations can be used to charge easily, especially by smartphone users.  Mobile-oriented digital culture in South Korea is driven by consistent growth in this sector.

• The retail and shopping centers segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea power bank rental service market is segmented by end user into cafes and restaurants, bars and clubs, retail and shopping centers, transportation hubs, and others. Among these, the retail and shopping centers segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Heavy foot traffic in large department stores and shopping malls provides a perfect environment for the deployment of rental power bank kiosks. Store spaces are collaborating with service providers in leveraging dwell time and consumer interaction. Additionally, customer handling point, charger placement, and resting stations enhance visibility of the service and consumer uptake.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea power bank rental service market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Energy Monster
• Xiaodian Technology
• Chevron 
• Samsung Electronics Co., Ltd.
• Anker Innovations Co., Ltd
• LG Energy Solution
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea power bank rental service market based on the below-mentioned segments:

South Korea Power Bank Rental Service Market, By Type

• Micro USB
• Type C
• iOS Cable

South Korea Power Bank Rental Service Market, By Application

• Mobiles
• Laptops
• Others

South Korea Power Bank Rental Service Market, By End User

• Cafes and Restaurants
• Bars and Clubs
• Retail and Shopping Centres
• Transportation Hub
• Others