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.
To get more information on Portable Battery Market - Request Sample Report
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.
MARKET DYNAMICS:
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.
OPPORTUNITIES:
Battery size will be reduced in the coming years.
Electric Vehicle Plug-Ins (EVS).
CHALLENGES:
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:
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 POWER CAPACITY
0 to 3000 mAh
3000 to 10000 mAh
10000 to 60000 mAh
>60000 mAh
BY APPLICATION
Electric Bicycles
Industrial Power System
Automotive Batteries
power Batteries
Other
Need any customization research on Portable Battery Market - Enquiry Now
REGIONAL ANALYSIS:
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.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The 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
Key Players:
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
Report Attributes | Details |
---|---|
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 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
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. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Portable Battery Market Segmentation, by Type
8.1Introduction
8.2 Lithium-ion Battery
8.3 Lead Acid Battery
8.4 Fuel Cell
8.5 Nickel-Cadmium Battery
8.6 NiMH Battery
8.7 Others
9. Portable Battery Market Segmentation, by Product
9.1Introduction
9.2 Lead Acid
9.3 Lithium Ion
9.4 Nickel Metal Hydride
9.5 Nickel Cadmium
9.6 Others
10. Portable Battery Market Segmentation, by Power Capacity
10.1 Introduction
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
11.1 Introduction
11.2 Electric Vehicles
11.3 Electric Bicycles
11.4 Industrial Power System
11.5 Automotive Batteries
11.6 power Batteries
11.7 Other
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Siemens
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Sony Corporation
13.3 Alcatel-Lucent
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
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Marine Variable Frequency Drive Market size was valued at USD 850.22 million in 2022 and is expected to grow to USD 1365.38 million by 2030 and grow at a CAGR of 6.1% over the forecast period of 2023-2030.
The DC Chargers Market Size was valued at USD 86.81 billion in 2022 and is expected to reach USD 239.09 billion by 2030 and grow at a CAGR of 13.5% over the forecast period 2023-2030.
Programmable Logic Controller (PLC) Market size was valued at USD 11.8 billion in 2022 and is expected to grow to USD 18.10 billion by 2030 and grow at a CAGR of 5.5% over the forecast period of 2023-2030
Power Semiconductors Market Size was valued at USD 40.70 billion in 2022 and is expected to reach USD 53.60 billion by 2030 and grow at a CAGR of 3.5% over the forecast period 2023-2030.
The Current Sensor Market size was valued at USD 2.6 billion in 2022. It is estimated to hit USD 5.74 billion by 2030 and grow at a CAGR of 10.4% over the forecast period of 2023-2030.
The Automotive Smart Key Market size was valued at USD 17.6 billion in 2022. It is estimated to hit USD 26.30 billion by 2030 and grow at a CAGR of 5.15% over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone