Press release
Battery Case Market Size, Share and Industry Analysis - Global Opportunity Analysis and Industry Forecast 2018-2025
The global battery case market was valued at $4,125.5 million in 2017, and is projected to reach $8,980.2 million by 2025, growing at a CAGR of 10.0% from 2018 to 2025.Get Sample Report@ https://www.alliedmarketresearch.com/request-sample/5031
Presently, North America dominates the global battery case market, followed by Europe. In 2017, the U.S. dominated the North America market, whereas the UK led the overall market in Asia-Pacific. However, China currently governs the in Asia-Pacific market.
Higher internet dependency for personal & business activities and surge in demand of smartphones act as the major drivers of the global battery case market. In addition, exponential rise in demand for wireless accessories significantly contribute toward the growth of the market. However, compatibility issues of battery case restrain the market growth. Conversely, increase in need for convenience, in terms of mobility and ease of usage, is expected to create lucrative growth opportunities for the global battery case market.
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Leading Market Players Profiled in this Report:
•Apple, Inc.
•Samsung
•ZAGG Inc.
•Otterbox
•Incipio
•EMTEC
•ZeroLemon LLC
•Alpatronix
•Maxboost
•Anker Innovations Ltd.
Analyst Review:
A battery case is a device that protects and charges batteries of mobile devices. It is majorly utilized due to increased smartphone usage, which results in rapid battery drainage.
The global battery case market possesses high growth potential, owing to the fact that several companies have adopted various strategies, such as product launch and collaborations, to expand their business in the global market.
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Increase in the sales of smartphones majorly fuels the demand for mobile accessories such as battery cases, thereby propelling the growth of the global battery case market. In addition, increase in purchasing power of customers and improvement in standard of living are the key factors that boost the sales of battery cases. Furthermore, the prime concern of low battery backup, due to rise in usage of power-consuming apps and large content files propels the adoption of battery cases, thereby boosting the market growth.
Higher internet dependency for business & personal needs, surge in smartphone usage, and rise in demand for wireless accessories are some of the major driving factors of this market. In spite of such advantages, compatibility issues of these cases hamper the market growth. However, increased need for convenience, in terms of mobility and ease of usage, is expected to create lucrative opportunities for the key players operating in the market.
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