The Global Portable Battery-Powered Products Market size was valued at USD 81.1 billion in the year 2017 and is projected to reach USD 114.6 billion by 2028, growing at a CAGR of 5.3% from 2018 to 2028. Increasing adoption of mobile devices, the proliferation of medical electronics, and increasing demand for electric vehicles are some factors that contribute to the growth of this market over the forecast period. The external chargers segment is estimated to account for more than one-third of the total product demand, driven by its wide application areas such as medical devices, telecom equipment, and industrial electronics among others.
Portable Battery-Powered Products refer to a type of device that is powered by an external or internal battery and can be carried around. Such devices usually run on rechargeable lithium-ion batteries, which are considered as the most popular portable power source among various other types such as nickel-metal hydride batteries, lead-acid batteries, etc.
Portable battery-powered products are usually used for medical, telecom, automotive, industrial, and other applications. These devices include portable chargers that can be carried by people travelling to remote areas or on a short vacation as well as emergency power supplies such as solar cells. Other types of related devices also exist which do not necessarily need batteries but instead gets their source of energy from the sun via photovoltaic panels.
On the basis of Type, the market is segmented into External Chargers and Internal Chargers with each subcategory further divided based on application type including Medical (Pediatrics & Geriatric), Telecom (Wireless LANs) Automotive.
External Chargers are devices that allow the user to charge their battery without being plugged into an outlet. These products can be hand-held or wall-mounted and feature a long cord with two ends: one end plugs directly into an electrical socket, while the other end connects to the device's power input jack. External chargers come in different shapes and sizes as well, some of them may include solar panels for charging on-site at events or outdoor activities such as camping trips, picnics, etc.
Internal chargers are devices that charge batteries from within the device. They have a battery that is charged up by plugging it into an external power source such as electric sockets or solar panels. The internal charger can be supplied with charging energy either continuously, at set periods of time (intermittent), or when required (on-demand). Internal chargers are commonly found inside portable electronic devices like laptops and smartphones for on-the-go use.
On the basis of Application, the market is segmented into Medical, Telecom, and Automotive. The medical industry is expected to be one of the key drivers in the portable battery-powered products market during the forecast period due to the increasing adoption rate for various electronic devices with mobility features such as smartphones and tablets among the general population.
The growth can be attributed to rising adoption levels among various sectors such as the automotive sector that results in increased consumption for charging batteries while on the move; a medical industry where these devices are used extensively for electronic monitoring and transferring data; telecom operations wherein mobile phones need a constant power supply which requires adequate back up with around-the-clock chargers, industrial applications including mining machinery operators who rely heavily on these devices owing to their remote location far away from any industrialized city.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The major countries in each region are the U.S., China, Japan, India, and Brazil respectively. The Asia Pacific market region is estimated to hold the largest market share owing to the increasing demand for portable battery-powered products in developing countries such as India and China. The Middle East & Africa region is expected to show high growth rates due to low per capita income, a rapid rise in population, and increased penetration of smartphones.
Up Market Research published a new report titled “Portable Battery Powered Products Market research report which is segmented by Types (External Chargers, Internal Chargers), By Applications (Medical, Telecom, Automotive, Industrial, Others), By Players/Companies Apple (US), AT&T (US), Canon (Japan), Casio (Japan), Dell (US), Google (US), Hasbro (US), HTC (Taiwan), Huawei Technologies (China), JAKKS Pacific (US), Konami (Japan), Lenovo (China), Motorola Mobility (US), LG Electronics (South Korea), APX TECHNOLOGIES, Microsoft (US), Panasonic (Japan), ATMEL, Nikon (Japan), Samsung Electronics (South Korea), Sharp (Japan), Siemens Healthcare (Germany), Sony (Japan), Xiaomi (China), ZTE (China)”.
|Report Attributes||Report Details|
|Report Title||Portable Battery Powered Products Market Research Report|
|By Type||External Chargers, Internal Chargers|
|By Application||Medical, Telecom, Automotive, Industrial, Others|
|By Companies||Apple (US), AT&T (US), Canon (Japan), Casio (Japan), Dell (US), Google (US), Hasbro (US), HTC (Taiwan), Huawei Technologies (China), JAKKS Pacific (US), Konami (Japan), Lenovo (China), Motorola Mobility (US), LG Electronics (South Korea), APX TECHNOLOGIES, Microsoft (US), Panasonic (Japan), ATMEL, Nikon (Japan), Samsung Electronics (South Korea), Sharp (Japan), Siemens Healthcare (Germany), Sony (Japan), Xiaomi (China), ZTE (China)|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||223|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type External Chargers, Internal Chargers and By Application Medical, Telecom, Automotive, Industrial, Others.
Some of the companies that are profiled in this report are:
Portable Battery Powered Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Portable Battery Powered Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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