Report Scope & Overview:
The Portable Battery Market size was valued at USD 13.15 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.4% from 2023 to 2030, and is projected to reach $29.04 billion by 2030.
A Portable Battery is a type of electric battery that can be charged and discharged. A Portable Battery finds its use in a number of applications such as the electronics industry and the automotive industry. The increase in infrastructure construction activities in developing countries such as India is expected to further the growth of the global market during the forecast period. In addition, the rapid rise in global warming and the proliferation of favorable government policies on electric vehicles offer many opportunities for the growth of a Portable Battery market. Lithium-ion batteries have been used in automotive and electronics in recent times. The Portable Battery is compatible with some battery-powered systems to enable battery-powered software to power devices in an emergency.
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IMPACT OF COVID-19:
The presence of industrial automotive industry and energy sector in North America and Europe has shown a positive impact on the Portable Battery market. In addition, increased public awareness of the environment and eco-friendly products has driven the demand for electric vehicles. The presence of Tesla electric car and its rapid technological advancement to make electric cars more comfortable and efficient for customers is one of the key driving forces in the market. In addition, the rapid development of power electronic gadgets such as smartphones, watches, smart glasses, smart band, and basic medical devices has boosted market growth. In addition, increased investment in the development of renewable energy sources requires more efficient energy storage systems in homes, which are expected to provide more opportunities for the growth of the Portable Battery market.
In the coming years, a high charging cycle will be required.
Devices will require more capacity in the coming years.
Government Regulations Are Being Changed put limitation.
New Technology Adoption.
Battery size will be reduced in the coming years.
Electric Vehicle Plug-Ins (EVS).
This will be covered in the final version of the report.
Based on type, there are mainly these types include in power batters Lithium-ion Battery, Lead Acid Battery, Fuel Cell, Nickel-Cadmium Battery, NiMH Battery, and lithium-ion battery is mostly used across the globe.
Based on Product, lead Acid, Lithium Ion, Nickel Metal Hydride, Nickel Cadmium are products in Portable Battery.
Based on Capacity, the 3,100-5,000mAh battery capacity segment accounted for a major share in the portable battery market in 2020, owing to rapid innovation and development of technologies lead to increase in application of portable battery in variety of sectors. Moreover, increase in border disputes and terrorist activities across the world have led to the development of drone and small capacity spy robots. Electronic gadgets have become a part of the modern society and important part for the progress in the human civilization. These gadgets use portable battery as energy source, which promote the growth of market.
Based on Application, the smartphone segment had a significant share of the mobile battery market by 2020, due to the increasing use of smartphones in today's society. In addition, the increase in activity on smartphones puts a heavy burden on hardware and battery power, leading to investments in various battery giants and electric giants to overcome many problems. In addition, increased use and government policies to support low-cost mobile devices and their integration with other devices are one of the key factors that further the need for smart devices, which in turn encourages manufacturers to build more efficient batteries. This feature is expected to provide many opportunities for market growth.
KEY MARKET SEGMENTATION:
Lead Acid Battery
Nickel Metal Hydride
BY POWER CAPACITY
0 to 3000 mAh
3000 to 10000 mAh
10000 to 60000 mAh
Industrial Power System
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Asia-Pacific dominates the portable battery market due to the presence of developing countries such as India and China. The presence of a large number of people also serves as an important factor in driving the market. China produces more than 77% of all lithium-ion batteries entering the global market with most of them being used as a power source for portable electrical and medical devices. The recent Indian Government investment in the lithium-ion battery manufacturing industry in Gujarat and the growing demand for portable electronic gadgets in the country due to the availability of large sums of money is driving market growth. In addition, increased public awareness of health care associated with increased use and benefits of portable medical devices during a pandemic has had a positive impact on the growth of the mobile battery market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The key players for Portable Battery are Sony Corporation, Alcatel-Lucent, Siemens, Advanced Battery Systems, Casio Computer, Acer Inc, Dell Inc, Nikon Corporation, Sharp Electronics Corporation and Seiko Holdings Corporation and Other Players
|Market Size in 2022||US$ 13.15 Billion|
|Market Size by 2030||US$ 29.04 Billion|
|CAGR||CAGR of 10.4% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By type (Lithium-ion Battery, Lead Acid Battery, Fuel Cell, Nickel-Cadmium Battery, NiMH Battery, Others)
• By product (Lead Acid, Lithium Ion, Nickel Metal, Hydride, Nickel Cadmium,Others)
• By capacity (0 to 3000 mAh, 3000 to 10000 mAh, 10000 to 60000 mAh, >60000 mAh)
• By application (Electric Vehicles, Electric Bicycles, Industrial Power System, Automotive Batteries, power Batteries, Other)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Sony Corporation, Alcatel-Lucent, Siemens, Advanced Battery Systems, Casio Computer, Acer Inc, Dell Inc, Nikon Corporation, Sharp Electronics Corporation and Seiko Holdings Corporation.|
|Key Drivers||• In the coming years, a high charging cycle will be required.
• Devices will require more capacity in the coming years.
|RESTRAINTS||• Government Regulations Are Being Changed put limitation.
• New Technology Adoption.
Ans: The portable battery market size was valued at US$ 13.15 billion in 2022.
Ans: The Portable Battery Market is growing at a CAGR of 10.4% over the forecast period 2023-2030.
The portable battery market accounted for USD 11.92 million in 2021 at a CAGR of 23.83%.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGOs, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries
In the portable battery market, Asia-Pacific is the largest geographic market.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Portable Battery Market Segmentation, by Type
8.2 Lithium-ion Battery
8.3 Lead Acid Battery
8.4 Fuel Cell
8.5 Nickel-Cadmium Battery
8.6 NiMH Battery
9. Portable Battery Market Segmentation, by Product
9.2 Lead Acid
9.3 Lithium Ion
9.4 Nickel Metal Hydride
9.5 Nickel Cadmium
10. Portable Battery Market Segmentation, by Power Capacity
10.2 0 to 3000 mAh
10.3 3000 to 10000 mAh
10.4 10000 to 60000 mAh
10.5 >60000 mAh
11. Portable Battery Market Segmentation, by Application
11.2 Electric Vehicles
11.3 Electric Bicycles
11.4 Industrial Power System
11.5 Automotive Batteries
11.6 power Batteries
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Sony Corporation
13.4 Advanced Battery Systems
13.5 Casio Computer
13.6 Acer Inc
13.7 Dell Inc
13.8 Nikon Corporation
13.9 Sharp Electronics Corporation
13.10 Seiko Holdings Corporation
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
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