Portable Battery Market Size, Share, and Analysis, By Type (Lithium-Ion Battery, Lead Acid Battery, Fuel Cell, Nickel-Cadmium Battery, NiMH Battery, and Others), By Battery Capacity (0-3,000mAh, 3,100-5,000mAh, 5,100-10,000mAh, and Other), By Application

Portable Battery Market Size, Share, and Analysis, By Type (Lithium-Ion Battery, Lead Acid Battery, Fuel Cell, Nickel-Cadmium Battery, NiMH Battery, and Others), By Battery Capacity (0-3,000mAh, 3,100-5,000mAh, 5,100-10,000mAh, and Other), By Application (Consumer Electronics, Electric Vehicles, Automotive Batteries, and Others), By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

Portable Battery Market Size, Share, and Analysis, By Type (Lithium-Ion Battery, Lead Acid Battery, Fuel Cell, Nickel-Cadmium Battery, NiMH Battery, and Others), By Battery Capacity (0-3,000mAh, 3,100-5,000mAh, 5,100-10,000mAh, and Other), By Application (Consumer Electronics, Electric Vehicles, Automotive Batteries, and Others), By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Portable Battery Market is predicted to grow at a CAGR of 11.1% in the forecast period (2024-2034), with the market size valued at USD 14.8 billion in 2023 and projected to reach USD 47.4 billion by 2034.

Portable battery is a rechargeable electric battery that is designed for multiple charging and discharging functions. Portable batteries are used across various sectors and manufactured using lithium-ion or lithium-polymer technology due to their high power density and efficiency. They come in a variety of capacities, measured in milliampere-hours (mAh), and can power a wide range of devices, from smartphones, and automotive to laptops and cameras. They are valuable for users who require additional power for their devices while traveling or spending a long amount of time away from fixed power sources. Furthermore, modern portable batteries often come with multiple connections for charging many devices at the same time, and they may incorporate advanced features like quick charging and smart technologies to maximize power supply and safety.

MARKET HIGHLIGHTS

Portable battery market is anticipated to reach USD 47.4 billion, growing at a CAGR of 11.1% during the forecast period, driven by the increasing demand for electronic-powered devices such as smartphones and tablets, which require reliable power sources for active charging. Additionally, innovations in battery technology have significantly improved their performance and charging speeds, which makes them more appealing to customers. Moreover, the growing number of electric vehicles (EVs) and the integration of renewable energy systems further boost the demand, as both industries depend on high-capacity portable batteries. Therefore, the global push for cleaner energy solutions is expected to push growth in the portable battery market, ensuring that portable batteries remain relevant in the future.

Portable Battery Market Segments:

• By Type
• Lithium-Ion Battery
• Lead Acid Battery
• Fuel Cell
• Nickel-Cadmium Battery
• NiMH Battery
• Others
• By Battery Capacity
• 0-3,000mAh
• 3,100-5,000mAh
• 5,100-10,000mAh
• Other
• By Application
• Consumer Electronics
• Electric Vehicles
• Automotive Batteries
• Others

MARKET DYNAMICS

Growth Drivers

Growing Demand for Wearable Electronics Has Presented Growth Opportunities

Rise in Disposable Income and Consumer Spending on Electronic Accessories has significantly impacted market growth

Restraint

Strict Government Regulations on E-waste Disposal have developed into a Significant Industrial Challenge

Key Players

• BYD Company Ltd.
• Samsung SDI Co., Ltd.
• LG Chem Ltd.
• Contemporary Amperex Technology Co. Limited (CATL)
• Sony Corporation
• Anker Innovations
• Toshiba Corporation
• Tesla, Inc.
• Panasonic Corporation
• Mophie Inc.
• Simplo Technology Co., Ltd.
• Duracell Inc.
• GP Batteries International Limited
• Energizer Holdings, Inc.
• Murata Manufacturing Co., Ltd.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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