Market Overview:
The global smartwatch battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smartwatches across the globe. Additionally, technological advancements in smartwatch batteries are also propelling the growth of this market. The global smartwatch battery market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into up to 5 days, up to 7 days, up to 10 days, up to 21 days and UP TO 30 DAYS segments. The UP TO 30 DAYS segment is expected to dominate the global smartwatch battery market duringthe forecast period owingto its longer life span as comparedto other typesofsmartwatch batteries available in themarket.
Product Definition:
A smartwatch battery is a battery that is specifically designed to power a smartwatch. Smartwatch batteries are typically smaller and less powerful than traditional smartphone batteries, but they still need to be able to provide enough power to run the watch's various sensors and keep it connected to the internet. The importance of a good smartwatch battery cannot be overstated; if the watch runs out of juice, it can't do its job.
Up to 5 Days:
Up to 5 days is a new technology that was introduced by Apple Inc. in its smartwatches and has been adopted by other players in the industry. The growth factor for this technology is user preference, as some users prefer using their smartphones more than once a day, while others use their watches frequently and thus require less battery life.
Up to 7 Days:
Up to 7 days is a new smartwatch feature that was introduced by Apple Inc. in its smartwatches including the Apple Watch Series 3 and later on theSeries 2 and 1, wherein it enables the device to show you how much battery power remains in your wrist-worn device. The feature has been present since then but only recently has it started getting traction among users as many of them have requested for more granular information regarding battery life through official support channels.
Application Insights:
The Android system smartwatch segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The large share of this segment can be attributed to the increasing number of smartphone users across the globe. According to a study, it has been estimated that there were 1.7 billion active mobile subscribers globally in 2017 and this number is expected to reach 2.3 billion by 2022 (Growing at a CAGR of XX% from 2018 to 2022). This growth in subscriber base will lead to increased demand for smartwatches with features such as music control, Google Now integration, etc., which will drive product demand over the forecast period.
The iOS system smartwatch segment is also anticipatedto witness significant growth duringthe forecast period owing tobuyers' preferencefor Apple products over othersources such as Samsungand HTC among othersin terms of smartphones.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing smartphone penetration, rising demand for wearable devices, and technological advancements in battery technology. China accounted for a major share of global smartwatch battery production owing to low manufacturing cost coupled with availability of cheap labor.
North America is projected to witness significant growth over the forecast period owing to growing product demand from fitness app developers as well as consumers who are looking forward for real-time tracking and feedback on their daily activities. Europe also has a significant contribution towards market revenue generation due to high purchasing power of consumers along with presence of prominent players operating within region.
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of more than 20% during the forecast period. This is mainly due to the increasing demand for smartwatches and fitness trackers.
- Development of innovative technologies: Smartwatch battery manufacturers are constantly developing new technologies to improve the performance and life of their batteries. This is helping to drive growth in the market.
- Growing popularity of smartwatches: The popularity of smartwatches is growing rapidly, especially among young consumers. This is driving growth in the market for smartwatch batteries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smartwatch Battery Market Research Report
By Type
Up to 5 Days, Up to 7 Days, Up to 10 Days, Up to 21 Days, UP to 30 Days, Others
By Application
Android System Smartwatch, iOS System Smartwatch, Windows System Smartwatch, Others
By Companies
EVE Energy, DESAY, LG Chem, Samsung, BYD, BAK Power Battery, Murata, Lishen Battery, Farasis, CATL Battery, VEKEN
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Smartwatch Battery Market Report Segments:
The global Smartwatch Battery market is segmented on the basis of:
Types
Up to 5 Days, Up to 7 Days, Up to 10 Days, Up to 21 Days, UP to 30 Days, Others
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
Android System Smartwatch, iOS System Smartwatch, Windows System Smartwatch, Others
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
- DESAY
- LG Chem
- Samsung
- BYD
- BAK Power Battery
- Murata
- Lishen Battery
- Farasis
- CATL Battery
- VEKEN
Highlights of The Smartwatch 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:
- Up to 5 Days
- Up to 7 Days
- Up to 10 Days
- Up to 21 Days
- UP to 30 Days
- Others
- By Application:
- Android System Smartwatch
- iOS System Smartwatch
- Windows System Smartwatch
- Others
- 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 Smartwatch 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
- 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 smartwatch battery is a small, rechargeable lithium ion battery that powers the watch.
Some of the key players operating in the smartwatch battery market are EVE Energy, DESAY, LG Chem, Samsung, BYD, BAK Power Battery, Murata, Lishen Battery, Farasis, CATL Battery, VEKEN.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smartwatch Battery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smartwatch Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smartwatch Battery Market - Supply Chain
4.5. Global Smartwatch Battery Market Forecast
4.5.1. Smartwatch Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smartwatch Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smartwatch Battery Market Absolute $ Opportunity
5. Global Smartwatch Battery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smartwatch Battery Market Size and Volume Forecast by Type
5.3.1. Up to 5 Days
5.3.2. Up to 7 Days
5.3.3. Up to 10 Days
5.3.4. Up to 21 Days
5.3.5. UP to 30 Days
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smartwatch Battery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smartwatch Battery Market Size and Volume Forecast by Application
6.3.1. Android System Smartwatch
6.3.2. iOS System Smartwatch
6.3.3. Windows System Smartwatch
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smartwatch Battery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smartwatch Battery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smartwatch Battery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smartwatch Battery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smartwatch Battery Demand Share Forecast, 2019-2026
9. North America Smartwatch Battery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smartwatch Battery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smartwatch Battery Market Size and Volume Forecast by Application
9.4.1. Android System Smartwatch
9.4.2. iOS System Smartwatch
9.4.3. Windows System Smartwatch
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smartwatch Battery Market Size and Volume Forecast by Type
9.7.1. Up to 5 Days
9.7.2. Up to 7 Days
9.7.3. Up to 10 Days
9.7.4. Up to 21 Days
9.7.5. UP to 30 Days
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smartwatch Battery Demand Share Forecast, 2019-2026
10. Latin America Smartwatch Battery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smartwatch Battery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smartwatch Battery Market Size and Volume Forecast by Application
10.4.1. Android System Smartwatch
10.4.2. iOS System Smartwatch
10.4.3. Windows System Smartwatch
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smartwatch Battery Market Size and Volume Forecast by Type
10.7.1. Up to 5 Days
10.7.2. Up to 7 Days
10.7.3. Up to 10 Days
10.7.4. Up to 21 Days
10.7.5. UP to 30 Days
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smartwatch Battery Demand Share Forecast, 2019-2026
11. Europe Smartwatch Battery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smartwatch Battery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smartwatch Battery Market Size and Volume Forecast by Application
11.4.1. Android System Smartwatch
11.4.2. iOS System Smartwatch
11.4.3. Windows System Smartwatch
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smartwatch Battery Market Size and Volume Forecast by Type
11.7.1. Up to 5 Days
11.7.2. Up to 7 Days
11.7.3. Up to 10 Days
11.7.4. Up to 21 Dys
11.7.5. UP to 30 Days
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smartwatch Battery Demand Share, 2019-2026
12. Asia Pacific Smartwatch Battery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smartwatch Battery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smartwatch Battery Market Size and Volume Forecast by Application
12.4.1. Android System Smartwatch
12.4.2. iOS System Smartwatch
12.4.3. Windows System Smartwatch
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smartwatch Battery Market Size and Volume Forecast by Type
12.7.1. Up to 5 Days
12.7.2. Up to 7 Days
12.7.3. Up to 10 Days
12.7.4. Up to 21 Days
12.7.5. UP to 30 Days
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smartwatch Battery Demand Share, 2019-2026
13. Middle East & Africa Smartwatch Battery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smartwatch Battery Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smartwatch Battery Market Size and Volume Forecast by Application
13.4.1. Android System Smartwatch
13.4.2. iOS System Smartwatch
13.4.3. Windows System Smartwatch
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smartwatch Battery Market Size and Volume Forecast by Type
13.7.1. Up to 5 Days
13.7.2. Up to 7 Days
13.7.3. Up to 10 Days
13.7.4. Up to 21 Days
13.7.5. UP to 30 Days
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smartwatch Battery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smartwatch Battery Market: Market Share Analysis
14.2. Smartwatch Battery Distributors and Customers
14.3. Smartwatch Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EVE Energy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DESAY
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Chem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Samsung
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BYD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BAK Power Battery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Murata
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lishen Battery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Farasis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CATL Battery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. VEKEN
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook