Battery for Consumer Products Market, Global Outlook and Forecast 2024-2032
The global Battery for Consumer Products market was valued at US$ 51260 million in 2023 and is projected to reach US$ 97190 million by 2030, at a CAGR of 9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Battery for Consumer Products market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Battery for Consumer Products market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Battery for Consumer Products market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Batteries are used to store energy and utilizing them at times of blackouts, power shortages, or when the demand for electricity is high. 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.
This report aims to provide a comprehensive presentation of the global market for Battery for Consumer Products, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Battery for Consumer Products. This report contains market size and forecasts of Battery for Consumer Products in global, including the following market information:
- Global Battery for Consumer Products Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Battery for Consumer Products Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Battery for Consumer Products companies in 2023 (%)
Rising popularity of portable electronic devices; growing adoption of rechargeable batteries; increase in consumer income levels, specifically in emerging markets; ever-increasing end-use device markets; and growing popularity of Lithium polymer batteries in applications such as mobile phones and low price are the key factors driving growth in the global consumer batteries market. The growing disposable income and decreasing prices of consumer electronics products caused by technological improvements is estimated to drive the popularity of the consumer electronics market. The declining Lithium-ion battery prices will be one of the latest trends that will contribute to the growth of this market. the America is expected to be the major revenue contributor to the battery market for consumer products throughout the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Battery for Consumer Products manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Battery for Consumer Products Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Battery for Consumer Products Market Segment Percentages, by Type, 2023 (%)
- Li-Ion Batteries
- Lead Acid Batteries
- Nickel Batteries
Global Battery for Consumer Products Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Battery for Consumer Products Market Segment Percentages, by Application, 2023 (%)
- Smartphones
- Laptops
- Power Banks
Global Battery for Consumer Products Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Battery for Consumer Products Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Battery for Consumer Products revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Battery for Consumer Products revenues share in global market, 2023 (%)
- Key companies Battery for Consumer Products sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Battery for Consumer Products sales share in global market, 2023 (%)
key players include:
- Guangzhou Fengjiang Battery New Technology
- LG Chem
- Panasonic
- SAMSUNG SDI
- Toshiba
Outline of Major Chapters:
Chapter 1: Introduces the definition of Battery for Consumer Products, market overview.
Chapter 2: Global Battery for Consumer Products market size in revenue and volume.
Chapter 3: Detailed analysis of Battery for Consumer Products manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Battery for Consumer Products in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Battery for Consumer Products capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
