Outlook on the Mobile Battery Global Market to 2030 – Higher Energy Efficiency Requirements in Technologically Updated Consumer Gadgets Presents Opportunities – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Mobile Battery Market by Type, Application and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.
The global mobile battery market size was valued at $21.2 billion in 2020, and is expected to reach $38.6 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030.
Mobile battery is the type of battery that is rechargeable with high energy density and is used in smartphones and non-smartphones. Lithium-ion battery is the most widely used battery type in the mobile applications owing to its competitive advantages over other conventional batteries such as high energy density, lighter weight, fast charging and others. Batteries used in daily consumer electronics devices need to balance properties such as specific energy, energy density, low device weight, operating temperature, and others, for the proper working/operation of mobile batteries.
The mobile battery market is driven by rise in demand for mobile devices such as smartphones, featured phones across the globe. In addition, rise in demand for longer battery life owing to utilization of various applications such as weather forecasting, video & audio players, gaming and other social media applications is another key factor fueling the demand for mobile batteries which in turn is anticipated to drive the growth of the market during the forecast period. However, high cost and potential risk hazards associated with mobile batteries are the key factors expected to hamper the growth of the global mobile battery market during the forecast period.
The global mobile battery market is segmented on the basis of type, application, sales channel, and region. Depending on type, the market is categorized into lithium-ion battery, nickel based and others. On the basis of application, it is bifurcated into smartphones and non-smartphones. By sales channel, it is divided into online and offline. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
- The report includes in-depth analysis of different segments and provides market estimations between 2021 and 2030.
- A comprehensive analysis of the factors that drive and restrict the growth of the global mobile battery market is provided.
- Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
- Estimations and forecast are based on factors impacting the global mobile battery market growth, in terms of value.
- Key market players are profiled to gain an understanding of the strategies adopted by them.
- This report provides a detailed analysis of the current global mobile battery market trends and future estimations from 2021 to 2030, which helps identify the prevailing market opportunities
Market Dynamics
Drivers
- Surge in demand for smartphones, tablets, and other electronic devices
Restraint
- High cost and potential risks hazards associated with lithium-ion battery
Opportunity
- Higher energy efficiency requirements in technologically updated consumer gadgets
Key Market Segments
By Type
- Lithium-ion Battery
- Lithium Iron Phosphate
- Lithium Magnesium Oxide
- Lithium Titanate
- Others
- Nickel Based
- Other
By Sales Channel
- Online
- Offline
By Application
- Smartphone
- Non-Smartphone
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Players
- Samsung SDI Co., Ltd.
- Panasonic Corporation
- Murata Manufacturing Co., Ltd.
- TWS
- LG Corporation
- Maxell, Ltd.
- Sunwoda Electronic Co., Ltd.
- Zhuhai CosMX Battery Co., Ltd.
- TianJin Lishen Battery Joint-Stock Co., Ltd.
- Amperex Technology Limited
For more information about this report visit https://www.researchandmarkets.com/r/lw5w2z
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