Mobile Battery Global Market 2024 - By Share, Growth, Demand, Trends, Forecast To 2033

The mobile battery market size is expected to see strong growth in the next few years. It will grow to $30.5 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.  The growth in the forecast period can be attributed to government support, global population growth and urbanization, evolving consumer preferences and growing research and development (r&d) activities. Major trends in the forecast period include focus on fast charging technologies, technological advancements to aid in development of new products, focus on graphene powered battery for high electrical conductivity and durability and adoption of solid-state batteries as a safer option.

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Segmentation & Regional Insights
The mobile battery market covered in this report is segmented –
1) By Type: Lithium Ion, Lithium Polymer, Nickel Cadmium, Nickel Metal Hydride, Other Types
2) By Sales Channel: Online, Offline
3) By Industry: Smartphone, Non-Smartphone

Asia-Pacific was the largest region in the mobile battery market in 2023. The regions covered in the mobile battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rise in the demand for smart phones all over the world is driving the growth of the market. Mobile battery products demand only depends on the sales of the mobile phones as mobile phones are chargeable and need batteries in them. According to TechRadar, an online publication focused on technology, in 2021, the global Smartphone sales for the world's five largest manufacturers increased, with Samsung adding 7.6% to 272 million units - or 19% of the market and Apple devices sold increased by 19.7% to 239 million, and the company grew by 16.7% in terms of its market share. Xiaomi, Oppo, and Vivo all saw their shipments rise by roughly one-third. Therefore, the rising penetration of smart phones is driving the growth of the mobile battery market.

Key Industry Players
Major companies operating in the mobile battery market report are LG Chem, SK Innovation, Samsung SDI Co. Ltd, BYD Company Ltd, Sunwoda Electronic Co. Ltd, Panasonic Corporation, Zhuhai CosMX Battery Co. Ltd., Contemporary Amperex Technology Limited, Murata Manufacturing Co. Ltd., TWS, DESAY Battery Co. Ltd., Amperex Technology Limited (ATL), China BAK Battery, Exide Industries Limited, HBL Power Systems Limited, Samwha Capacitor Group, Hello Bom, BSLBATT, Amron Batteries, Varta AG, Saft Groupe S.A., Leclanché, BMZ Group, Accutronics Ltd, Northvolt, SibPribor, Kursk Battery Plant, RUSNANO Group, Zavod AIT LLC, American Crane & Equipment Corp, Scott's Emergency Lighting and Power Generation, Dantona Industries Inc, Tenergy Corporation, Motion Industries Inc., Hollingsworth & Vose Co, EnerSys, Energizer Holdings Inc, Eveready Batteries, Duracell Inc, Acumuladores Moura S. A, Sertrading (Br) Ltda, Flextronics International Tecnologia Ltda, Clarion Energy Solutions Brasil Ltda, Industrias Tudor Sp De Bateriais Ltda, Abu Abdul Hakim Automotive Parts Est, Precision Electro Mech Est, AASP General Trading, Abbas Liaqat Trading LLC, Agetco General Trading LLC, First National Battery.

The mobile battery market report table of contents includes:
1. Executive Summary
2. Mobile Battery Market Characteristics
3. Mobile Battery Market Trends And Strategies
4. Mobile Battery Market - Macro Economic Scenario
5. Global Mobile Battery Market Size and Growth
.......................
32. Global Mobile Battery Market Competitive Benchmarking
33. Global Mobile Battery Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mobile Battery Market
35. Mobile Battery Market Future Outlook and Potential Analysis
36. Appendix

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