Market Overview:
The global battery for consumer products market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smartphones and laptops, and the growing trend of using power banks. In terms of type, the Li-ion batteries segment is expected to lead the global battery for consumer products market during the forecast period, owing to their high energy density and long life cycle. In terms of application, the smartphones segment is expected to lead the global battery for consumer products market duringthe forecast period, followed by laptops and power banks segments.
Product Definition:
A battery is a device that stores energy and releases it when needed. The battery in your cell phone is what keeps it running even when it's not plugged in to the wall. Batteries are important for consumer products because they allow products to work without being plugged in. This is especially important for portable devices like cell phones and laptops.
Li-Ion Batteries:
Li-Ion (Lithium-ion) batteries are rechargeable batteries that are used in numerous consumer electronic products such as cell phones, digital cameras, laptops and portable media players. The key properties of Li-Ion battery such as high energy density and lightweight make it a favorable choice for use in various consumer electronics applications.
Lead Acid Batteries:
Lead acid batteries are used in the majority of battery for consumer products including cameras, refrigerators, laptops and mobile phones. Lead acid batteries offer high power density which is an important factor for a portable device. These are also relatively cheap as compared to other rechargeable or lithium-based batteries making them ideal for consumer applications where price is an important parameter.
Application Insights:
The smartphones segment dominated the global market in 2017. The increasing use of smartphones has resulted in a rise in the demand for batteries, which is expected to drive growth over the forecast period. Increasing consumer disposable income and purchasing power coupled with growing usage of social media applications has driven the growth of this segment significantly.
The laptops segment is also anticipated to witness significant growth over the forecast period owing to increased demand for portable computers that provide enhanced functionality and are capable of running multiple programs simultaneously. Growing work pressure and need for improved productivity have led to an increase in laptop purchases, thereby driving battery sales as well. Furthermore, rising prices of electricity along with high operating costs are projected to drive consumers towards using energy-efficient products such as laptops, thereby propelling market growth during future years too.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for smartphones and laptops in countries such as China, India, and Japan. Furthermore, rising penetration of renewable energy storage batteries in rural areas will drive the regional market further.
The European region accounted for a significant share of revenue in 2017 owing to high consumer awareness regarding recycling habits along with stringent government regulations on battery disposal and manufacturing practices. Battery recyclers are expected to face stiff competition from recycled lead acid batteries due to their low cost as compared to Li-Ion batteries; this trend is projected To continue over the next eight years thereby reducing industry profitability In Europe by 2020 or so).
Growth Factors:
- Increasing demand for consumer electronics products
- Growing population and their increasing disposable income
- Rapid urbanization and industrialization in developing countries
- Proliferation of digital devices and increase in the number of battery-powered applications
- Advancements in battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery for Consumer Products Market Research Report
By Type
Li-Ion Batteries, Lead Acid Batteries, Nickel Batteries
By Application
Smartphones, Laptops, Power Banks
By Companies
Guangzhou Fengjiang Battery New Technology, LG Chem, Panasonic, SAMSUNG SDI, Toshiba, Guangzhou Fengjiang Battery New Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Battery for Consumer Products Market Report Segments:
The global Battery for Consumer Products market is segmented on the basis of:
Types
Li-Ion Batteries, Lead Acid Batteries, Nickel Batteries
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smartphones, Laptops, Power Banks
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Guangzhou Fengjiang Battery New Technology
- LG Chem
- Panasonic
- SAMSUNG SDI
- Toshiba
- Guangzhou Fengjiang Battery New Technology
Highlights of The Battery for Consumer Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Li-Ion Batteries
- Lead Acid Batteries
- Nickel Batteries
- By Application:
- Smartphones
- Laptops
- Power Banks
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Battery for Consumer Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A battery is a power source for consumer products.
Some of the major players in the battery for consumer products market are Guangzhou Fengjiang Battery New Technology, LG Chem, Panasonic, SAMSUNG SDI, Toshiba, Guangzhou Fengjiang Battery New Technology.
The battery for consumer products market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery for Consumer Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Battery for Consumer Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery for Consumer Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Battery for Consumer Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Battery for Consumer Products Market Size & Forecast, 2018-2028
4.5.1 Battery for Consumer Products Market Size and Y-o-Y Growth
4.5.2 Battery for Consumer Products Market Absolute $ Opportunity
Chapter 5 Global Battery for Consumer Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Battery for Consumer Products Market Size Forecast by Type
5.2.1 Li-Ion Batteries
5.2.2 Lead Acid Batteries
5.2.3 Nickel Batteries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery for Consumer Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Battery for Consumer Products Market Size Forecast by Applications
6.2.1 Smartphones
6.2.2 Laptops
6.2.3 Power Banks
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery for Consumer Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Battery for Consumer Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Battery for Consumer Products Analysis and Forecast
9.1 Introduction
9.2 North America Battery for Consumer Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Battery for Consumer Products Market Size Forecast by Type
9.6.1 Li-Ion Batteries
9.6.2 Lead Acid Batteries
9.6.3 Nickel Batteries
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Battery for Consumer Products Market Size Forecast by Applications
9.10.1 Smartphones
9.10.2 Laptops
9.10.3 Power Banks
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Battery for Consumer Products Analysis and Forecast
10.1 Introduction
10.2 Europe Battery for Consumer Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Battery for Consumer Products Market Size Forecast by Type
10.6.1 Li-Ion Batteries
10.6.2 Lead Acid Batteries
10.6.3 Nickel Batteries
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Battery for Consumer Products Market Size Forecast by Applications
10.10.1 Smartphones
10.10.2 Laptops
10.10.3 Power Banks
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Battery for Consumer Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery for Consumer Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Battery for Consumer Products Market Size Forecast by Type
11.6.1 Li-Ion Batteries
11.6.2 Lead Acid Batteries
11.6.3 Nickel Batteries
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Battery for Consumer Products Market Size Forecast by Applications
11.10.1 Smartphones
11.10.2 Laptops
11.10.3 Power Banks
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Battery for Consumer Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery for Consumer Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Battery for Consumer Products Market Size Forecast by Type
12.6.1 Li-Ion Batteries
12.6.2 Lead Acid Batteries
12.6.3 Nickel Batteries
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Battery for Consumer Products Market Size Forecast by Applications
12.10.1 Smartphones
12.10.2 Laptops
12.10.3 Power Banks
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Battery for Consumer Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery for Consumer Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Battery for Consumer Products Market Size Forecast by Type
13.6.1 Li-Ion Batteries
13.6.2 Lead Acid Batteries
13.6.3 Nickel Batteries
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Battery for Consumer Products Market Size Forecast by Applications
13.10.1 Smartphones
13.10.2 Laptops
13.10.3 Power Banks
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Battery for Consumer Products Market: Competitive Dashboard
14.2 Global Battery for Consumer Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Guangzhou Fengjiang Battery New Technology
14.3.2 LG Chem
14.3.3 Panasonic
14.3.4 SAMSUNG SDI
14.3.5 Toshiba
14.3.6 Guangzhou Fengjiang Battery New Technology
