Press release
Global Battery Market for Consumer Products Become Dominant At CAGR Of 9.85% By 2021
Batteries are used to store energy and utilizing them at times of blackouts, power shortages, or when the demand for electricity is high. Batteries are basically divided into lead-acid, lithium, and others. Batteries are used in automobiles, electronics, golf carts, and forklifts, among others. Lithium-ion (Li-ion) and lead-acid batteries are most extensively utilized in automotive and motive industries. Li-ion batteries are rechargeable batteries in which Li-ion acts as a cathode and carbon serves as an anode. These batteries have a good electrochemical performance with little resistance. The advantages of using these batteries are that they increase thermal stability, have higher current density, and have a longer shelf life when compared with other battery technologies available in the market. Li-ion batteries are used in high-power applications such as hybrid electric vehicles (HEVs), electric vehicles (EVs), and consumer electronics devices.
Technavios analysts forecast the global battery market for consumer products market to grow at a CAGR of 9.85% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global battery market for consumer products market for 2017-2021. To calculate the market size, the report considers the new sales of batteries for consumer goods (smartphones, laptop, power banks, tablets, smart wearables) market and do not include the aftermarket.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Battery Market for Consumer Products 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Guangzhou Fengjiang Battery New Technology
LG Chem
Panasonic
SAMSUNG SDI
Toshiba
Other prominent vendors
Accutronics
Amperex Technology
Batteries and Power Solutions
Blue Spark Technologies
BrightVolt
BYD
BAK GROUP
Cymbet
DNK Power
Front Edge Technology
FUJICELL
IMPRINT ENERGY
Infineon Technologies
ProLogium Technology
Tianjin Li Shen Battery
VARTA Microbattery
Market driver
Enhanced consumer spending
For a full, detailed list, view our report
Market challenge
Widening lithium supply-demand gap
For a full, detailed list, view our report
Market trend
Declining Li-ion battery prices
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Global battery market: Overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global battery market for consumer products by application
Global battery market for consumer products by smartphones application
Global battery market for consumer products by laptops application
Global battery market for consumer products by power banks application
PART 07: Geographical segmentation
Global battery market for consumer products by geography
Battery market for consumer products in the Americas
Battery market for consumer products in APAC
Battery market for consumer products in EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Declining Li-ion battery prices
Evolution of next-generation batteries
Enhancements in wearable battery technology
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
Guangzhou Fengjiang Battery New Technology
LG Chem
Panasonic
SAMSUNG SDI
Toshiba
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