Market Overview:
The global sports bracelet battery market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wearable devices and rising awareness about fitness and health. In terms of type, the traditional button battery segment is expected to dominate the market during the forecast period. However, rechargeable lithium battery segment is projected to grow at a higher CAGR owing to its advantages such as longer life span and high capacity. By application, home use segment is estimated to account for majority of the share in 2018 and it is projected that this trend would continue during the forecast period as well.
Product Definition:
A battery is a device that converts chemical energy into electrical energy. The battery in a sports bracelet powers the watch's movement.
Traditional Button Battery:
The traditional button battery is a two-piece unit comprising of an anode and a cathode. The positive terminal of the battery is connected to the + end of the circuit, while the negative terminal is connected to - end of circuit. This type of batteries has high current density and low voltage, which makes it suitable for small electronic devices such as hearing aids, calculators, wristwatches & sports bracelets.
Rechargeable Lithium Battery:
A rechargeable lithium battery is a power source used in portable consumer electronic devices such as fitness bracelets. It is an advanced type of rechargeable battery which can be charged with the help of external charging equipment. These batteries are widely used in digital cameras, cellular phones, pagers and other portable consumer electronics owing to its properties such as lightweight, low self-discharge rate and high energy density.
Application Insights:
The home use application segment led the global sports bracelet battery market in 2017. This is attributed to increasing consumer preference for wearable devices, such as fitness bands and smartwatches. For instance, according to a survey conducted by the National Health Statistics Group (NHSG), around 78% of adults aged 18-64 years reported owning a Fitbit or Garmin fitness band or watch in 2016. Furthermore, rising demand for these devices from military personnel as well as athletes is expected to drive the market over the forecast period.
Fitness institutions are expected to be one of the fastest-growing segments over the forecast period owing to increasing government initiatives and support towards weight loss programs among adolescents and young adults along with growing concerns regarding health issues related Fitness centers have been introducing innovative technologies such as virtual reality games and gaming consoles that encourage consumers/memberships more toward daily exercise activities than just traditional aerobics classes alone would do so.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to increasing sports activities and rising health consciousness among people in this region, which has led them to adopt a healthy lifestyle and subsequently purchase sporting accessories such as sports bracelets for fitness monitoring purposes.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing its large population base, improving economic conditions, growing disposable income levels coupled with an increase in consumer awareness regarding fitness products and services leading consumers into adopting new technologies such as digital wearable devices for health & wellness monitoring purposes.
The key players operating in this industry are PowerbyProctor (U.K.), Exerpeutic Corporation (U.S.
Growth Factors:
- Increasing demand for sports and fitness activities
- Rising awareness about the health benefits of sports and fitness activities
- Growing popularity of wearable devices
- Proliferation of smart watches and other wearable devices
- Technological advancements in battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Bracelet Battery Market Research Report
By Type
Traditional Button Battery, Rechargeable Lithium Battery
By Application
Home Use, Fitness Institutions, Exercise Test
By Companies
EVE Energy, Great Power, Ganfeng Lithium, AEC Battery, ATL, VARTA, PATL Cell, VDL, Sunwoda, Sunhe Tech
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Sports Bracelet Battery Market Report Segments:
The global Sports Bracelet Battery market is segmented on the basis of:
Types
Traditional Button Battery, Rechargeable Lithium Battery
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
Home Use, Fitness Institutions, Exercise Test
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:
- EVE Energy
- Great Power
- Ganfeng Lithium
- AEC Battery
- ATL
- VARTA
- PATL Cell
- VDL
- Sunwoda
- Sunhe Tech
Highlights of The Sports Bracelet Battery 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:
- Traditional Button Battery
- Rechargeable Lithium Battery
- By Application:
- Home Use
- Fitness Institutions
- Exercise Test
- 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 Sports Bracelet Battery 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
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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 sports bracelet battery is a small, portable battery that can be used to power small electronic devices such as fitness trackers and smartwatches. These batteries are typically smaller and lighter than traditional batteries, making them easier to carry and use.
Some of the major players in the sports bracelet battery market are EVE Energy, Great Power, Ganfeng Lithium, AEC Battery, ATL, VARTA, PATL Cell, VDL, Sunwoda, Sunhe Tech.
The sports bracelet battery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sports Bracelet Battery 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 Sports Bracelet Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sports Bracelet Battery 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 Sports Bracelet Battery 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 Sports Bracelet Battery Market Size & Forecast, 2020-2028
4.5.1 Sports Bracelet Battery Market Size and Y-o-Y Growth
4.5.2 Sports Bracelet Battery Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Traditional Button Battery
5.2.2 Rechargeable Lithium Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Fitness Institutions
6.2.3 Exercise Test
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sports Bracelet Battery 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 Sports Bracelet Battery 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Traditional Button Battery
9.6.2 Rechargeable Lithium Battery
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 Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Fitness Institutions
9.10.3 Exercise Test
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Traditional Button Battery
10.6.2 Rechargeable Lithium Battery
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 Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Fitness Institutions
10.10.3 Exercise Test
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Traditional Button Battery
11.6.2 Rechargeable Lithium Battery
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 Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Fitness Institutions
11.10.3 Exercise Test
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Traditional Button Battery
12.6.2 Rechargeable Lithium Battery
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 Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Fitness Institutions
12.10.3 Exercise Test
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Traditional Button Battery
13.6.2 Rechargeable Lithium Battery
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) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Fitness Institutions
13.10.3 Exercise Test
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 Sports Bracelet Battery Market: Competitive Dashboard
14.2 Global Sports Bracelet Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EVE Energy
14.3.2 Great Power
14.3.3 Ganfeng Lithium
14.3.4 AEC Battery
14.3.5 ATL
14.3.6 VARTA
14.3.7 PATL Cell
14.3.8 VDL
14.3.9 Sunwoda
14.3.10 Sunhe Tech
