Portable Battery Market: How to Leverage on Technology During Covid19 Crisis? Fortune Business Insights

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Oct 21, 2020 (The Expresswire) —
The global portable battery market size will witness significant growth attributable to the increase in the number of smart devices worldwide. The market is discussed in details in a report by Fortune Business Insights™ titled, “Portable Battery” Market Size, Share and Industry Analysis, By Type (Lead Acid Battery, Lithium-Ion Battery, Nickel Cadmium Battery, Nickel Metal Battery, Others), By Capacity (0-2500 mAh, 2500-5000 mAh, 5000-10,400 mAh, Above 10,400 mAh), By Application (Mobile phones, Wearable Accessories, Others Electronic Devices) and Regional Forecast, 2020-2026.”

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According to the current portable battery market trends, the lithium-ion batteries segment accounts for the highest portable battery market share. This is owing to their excellent efficiency and cost-effective properties that help in increasing its popularity in the world market.

Some of the key portable battery market manufacturers include:

  • Casio USA

  • Alcatel-Lucent Enterprise

  • Lenovo

  • Samsung Electronics

  • Nikon

  • Sharp Electronics Corporation USA

  • Panasonic

  • LG Chem Power, Inc.

  • Duracell Inc.

  • Advanced Battery Systems, Inc

  • Dell

  • BYD Electronic (International) Company Limited

  • Siemens

  • Sony

Some of the key industry developments in the portable battery market include:

August 2020 The Zendure SuperTank Portable Charger for laptops and MacBooks was reviewed in August this year. This portable charger guarantees a capacity of 27,000 mAh and can be utilized to charge both laptops and mobile phones. This charger also supports Type-C charging slots that come along with the charger. This device can charge up to four devices at the same time.

August 2020 The launch of Blad X Pro with a 15.6-inch screen and 3000 mAh battery backup was successful in August this year. The new Blad X Pro, the successor of Gemini launched earlier this year guarantees to be a great companion for MacBook Pro.

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The Report Covers:

  • Elaborative portable battery market analysis

  • Key boosters, restraints, challenges, and opportunities of the market

  • Major industrial developments

  • Competitive landscape and list of manufacturers

  • Major strategies adopted by market vendors

  • Other portable battery market trends

Rise in Popularity of Smart Wearables to Drive Market

The advent of electronic devices in daily lives has been a major factor boosting the portable battery market growth. Technological advancements in electronics and the wide adoption of smartphones with numerous features have propelled their sales up to sky limits. Additionally, this increased the utilization of portable batteries as well. Thus, the rise in popularity of smart devices is further expected to boost the overall portable battery market size in the forecast period.

However, stringent regulations imposed by governments with regard to the disposal of waste generated by electronics may challenge the overall portable battery market growth in the coming years. This, coupled with the advent of new technologies in the smart electronics segment, may cause hindrance to the overall portable battery market size in the long run.

Moreover, the rise in disposable incomes of people has propelled the demand for wearable accessories that require timely charging. This is also expected to help increase the overall portable battery market revenue in the coming years.

Key Segmental Overview:

1. By Type

  • Lead Acid Battery

  • Lithium-Ion Battery

  • Nickel Cadmium Battery

  • Nickel Metal Battery

  • Others

2. By Capacity

  • 0-2500 mAh

  • 2500-5000 mAh

  • 5000-10,400 mAh

  • Above 10,400 mAh

3. By Application

  • Mobile phones

  • Wearable Accessories

  • Others Electronic Devices

4. By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East and Africa (South Africa, GCC and Rest of the Middle East and Africa)

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Asia Pacific to Witness Significant Growth on Account of Increasing Urbanization and Popularity of Electronic Devices

Geographically, the most significant portable battery market growth opportunity is witnessed from Asia Pacific on account of the high adoption rate of electronic devices especially mobile phones in the region. This, coupled with the increasing urbanization and rise in disposable incomes, is anticipated to further help this region earn high portable battery market revenues in the forecast period. On the other hand, the markets in North America and Europe are expected to witness remarkable growth on account of the rise in the sale of portable electronic devices, flashlights, digital cameras, portable power banks, wearable accessories, electronic toys and others.

Launch of Type-C Portable Chargers to Prove Beneficial for Players

The number of portable battery market manufacturers is increasing on account of the entry of many players into the mobile phone market. Thus, the competitive landscape of the portable battery market is highly fragmented due to the presence of both small and large players. Due to the presence of numerous players in the market, the cost of portable batteries has also declined. This ultimately increased the quality of end-product for consumers. Players are also adopting other strategies such as the adoption of type-c port for making portable chargers, company collaborations, and others to earn high revenues in the forecast period.

Major Table of Content For Portable Battery Market:

  1. Introduction

  2. Executive Summary

  3. Market Dynamics

  4. Key Insights

  5. Global Portable Battery Market Analysis, Insights and Forecast, 2026

  6. North America Portable Battery Market Analysis, Insights and Forecast, 2026

  7. Europe Portable Battery Market Analysis, Insights and Forecast, 2026

  8. Asia Pacific Portable Battery Market Analysis, Insights and Forecast, 2026

  9. Middle East and Africa Portable Battery Market Analysis, Insights and Forecast, 2026

  10. Latin America Portable Battery Market Analysis, Insights and Forecast, 2026

  11. Competitive Landscape

  12. Company Profile

  13. Conclusion

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

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About us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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The MarketWatch News Department was not involved in the creation of this content.