Japan Mobile Battery Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Japan Mobile Battery Market Analysis - 2030
The Japan mobile battery market size was valued at $0.92 billion in 2020 and is projected to reach $1.43 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.5% from 2021 to 2030. Mobile battery is the energy storage device used in smartphones or non-smartphones for the proper working of mobiles. Growing developments in smartphones increase the demand for mobile batteries with high battery capacity owing to power-consuming applications in the smartphones such as gaming, social media, camera, and others. Nowadays, battery life is becoming an important aspect, which has resulted in driving the growth of the market in the coming years.

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COVID-19 pandemic outbreak across the globe has resulted in decline in demand for consumer electronics products; supply-demand imbalance, lack of raw material and temporary shutdown of battery manufacturing which affected the market in the year 2020.
Surge in demand for smartphones, tablets, and other consumer electronics devices is expected to drive the growth of the battery market in Japan during the forecast period. However, high cost and potential risk hazards associated with lithium-ion battery is anticipated to hamper the Japan mobile battery market from 2021 to 2030. On the contrary, higher energy efficiency requirements in technologically updated consumer gadgets such as smartphones, is expected to create opportunity for key players operating in the market.
For the purpose of analysis, the Japan mobile battery market is segmented on the basis of type, application, and sales channel. Depending on type, the market is categorized into lithium-ion battery, nickel based and others. On the basis of application, it is bifurcated into smartphones and non-smartphones. By sales channel, the market is divided into online and offline.
The key players operating in the Japan mobile battery market are Samsung SDI Co., Ltd., Panasonic Corporation, Murata Manufacturing Co., Ltd., EEMB, LG Corporation, Maxell, Ltd., Sunwoda Electronic Co., Ltd., Zhuhai CosMX Battery Co., Ltd., TianJin Lishen Battery Joint-Stock Co., Ltd.

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• By Type
o Lithium-ion Battery
 Lithium Iron Phosphate
 Lithium Magnesium Oxide
 Lithium Titanate
 Others
o Nickel Based
o Others
• By Application
o Smartphone
o Non-Smartphone

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