Report Ocean has released a market research report on the Mobile Battery industry, covering 150+ countries and analyzing over 1,00000 published and forthcoming reports per year. The report, prepared by subject matter experts, researchers, and market research professionals, utilizes various methodologies and analytical approaches, including S.W.O.T. and P.E.S.T.E.L. analysis and regression analysis, to forecast market growth. It also examines the industry’s regulations and policies and potential future advancements.
The global mobile battery market size was US$ 22.57 billion in 2021. The global mobile battery market size is forecast to reach US$ 39.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030.
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A battery is a small container of chemical energy. Plugging a smartphone into the mains initiates a chemical reaction in the smartphone battery, which transfers electrons from the negative anode to the positive cathode. During the charging process, electrons are sent through a circuit, in this case, a smartphone, to the anode, and continue to do so until all the electrons contained within the battery have been transferred to the anode or until the built-in switch disconnects the battery. In most smartphones and electronic devices, lithium-ion batteries consist of a metal oxide cathode composed of cobalt, nickel, manganese, or iron, a porous graphite anode that holds lithium ions, and a lithium salt electrolyte.
Factors Influencing Market Growth
- A growing number of power-consuming applications on smartphones, such as gaming, social media, cameras, and others, have resulted in the demand for batteries with high capacity. Battery life is becoming more and more important among digital natives today, which will drive the growth of this market in the years to come.
- With the growing popularity of smartphones, tablets, and other consumer electronics devices, the global mobile battery market is forecast to grow in the forecast period.
- A combination of high cost and potential risks associated with lithium-ion batteries may slow down the growth of the global mobile battery market.
- The demand for high energy efficiency in technologically advanced consumer gadgets such as smartphones is forecast to create opportunities for key players in the market.
Impact Analysis of COVID-19
The worldwide shutdown has caused significant changes in user habits as well as manufacturing delays in the smartphone industry, which has affected customer demand. Supply and shipping disruptions have crippled one of the world’s largest manufacturers and exporters of electrical devices, China. As well as supply chain disruptions, customer demand has also contributed to the industry’s problems. In turn, these factors have negatively affected the global mobile battery market.
Regional Insights
The Asia Pacific region held the largest revenue share in the mobile battery market in 2021 and is forecast to maintain its position throughout the forecast period. This is due to a large population and the presence of key players in the region. Also, investment and R&D efforts aimed at enhancing battery life and increasing the performance of mobile phones are likely to fuel market growth in the region.
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Leading Competitors
The leading prominent companies profiled in the global mobile battery market are:
- Samsung SDI Co., Limited
- Panasonic Corporation
- Murata Manufacturing Co., Limited
- LG Corporation
- Maxell, Limited
- Sunwoda Electronic Co., Limited
- Zhuhai CosMX Battery Co., Limited
- TianJin Lishen Battery Joint-Stock Co., Limited
- Amperex Technology Limited
- Other Prominent Players
Scope of the Report
The global mobile battery market segmentation focuses on Type, Application, Sales Channel, and Region.
Segmentation based on Type
- Lithium-ion Battery
- Lithium Iron Phosphate
- Lithium Magnesium Oxide
- Lithium Titanate
- Others
- Nickel Based
- Others
Segmentation based on Application
- Smartphone
- Non-Smartphone
Segmentation based on Sales Channel
- Online
- Offline
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Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
What our reviews offer:
- Market share assessments for the regional and country-level segments
- Strategic hints for the new entrants
- Covers market facts for 2023, until 2031
- Market tendencies (drivers, opportunities, threats, challenges, funding opportunities, and recommendations)
- Strategic pointers in key enterprise segments based totally on the market estimations
- Competitive landscaping mapping the key frequent trends
- Company profiling with specified strategies, financials, and current developments
- Supply chain tendencies mapping the modern day technological advancements
Mobile Battery Market Research Report Scenario includes:
>The report provides qualitative and quantitative trends of global Mobile Battery Market across type, type of products, service, and geography.
>The report starts with the key takeaways, highlighting the key trends and outlook of the global Mobile Battery Market.
>Provides the research methodology of the study.
>Further provides PEST analysis for each region.
>Highlights the key industry dynamics in the Mobile Battery Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
>Discusses the global Mobile Battery Market scenario, in terms of historical market revenues, and forecast till the year 2031.
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