Global Portable Battery Pack Market 2024-2028
The portable battery pack market is forecasted to grow by USD 12243.1 mn during 2023-2028, accelerating at a CAGR of 12.85% during the forecast period. The report on the portable battery pack market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining li-ion battery prices, growing penetration of consumer electronics, and rise in number of smart homes.
Technavio's portable battery pack market is segmented as below:
By Distribution Channel
By Type
- Smart phones
- Tablet
- Laptop
- Portable media device
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing use of sustainable and eco-friendly batteries as one of the prime reasons driving the portable battery pack market growth during the next few years. Also, technological developments in portable battery pack performance and increasing focus on improving telecommunication network infrastructure will lead to sizable demand in the market.
The report on the portable battery pack market covers the following areas:
- Portable battery pack market sizing
- Portable battery pack market forecast
- Portable battery pack market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable battery pack market vendors that include ADATA Technology Co. Ltd., Anker Technology UK Ltd., ASUSTeK Computer Inc., AUKEY Online, Belkin International Inc., BYD Co. Ltd., ChargeTech Inc., Energizer Holdings Inc., Huawei Technologies Co. Ltd., Intex Technologies India Ltd., Jackery Inc., LG Chem Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Bak Battery Co. Ltd., Simplo Technology Co. Ltd., Sony Group Corp., The Duracell Co., Xiaomi Communications Co. Ltd., and ZAGG Inc.. Also, the portable battery pack market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.