Global Portable Battery Powered Electronics Market: Overview

Portable battery powered products have become a crucial segment of the global consumer electronics market due to their greatly increased convenience to the consumer. Portable batteries have conventionally been used in household items such as clocks and watches, flashlights, calculators, etc., but the rapid rise in the demand for smart devices such as smartphones and tablets has driven the use of portable batteries and made them irreplaceable across the consumer electronics industry.

The report examines the past and present figures of the global portable battery powered products market, which becomes the basis for studied forecasts regarding the market’s growth in the 2016-2024 forecast period. The leading segments of the portable battery powered products market are assessed in the report to present a clear overview of the hierarchy of the market by various criteria. The competitive dynamics of the portable battery powered products market are also elaborated upon in the report; detailed profiles of leading market players are provided in the report.

The report segments the global portable battery powered products market into rechargeable and non-rechargeable batteries. Within these, the rechargeable batteries segment is further segmented into nickel-cadmium, lithium, nickel-metal hydride, and specialty rechargeable batteries. The non-rechargeable batteries segment is sub-segmented into manganese zinc alkaline, zinc-carbon primary, non-rechargeable lithium, and specialty non-rechargeable batteries. The report provides detailed data regarding the historical and expected performance of each segment of the portable battery powered products market.

Global Portable Battery Powered Electronics Market: Trends and Opportunities

The prime driver for the global portable battery powered products market is the rising preference for portable batteries due to the higher convenience they provide in day-to-day operation. The importance of battery life has been acknowledged to such a degree that several consumer electronics manufacturers use the high battery capacity of their products as a key USP. The increasing adoption of remote working and BYOD practices in the corporate sector is likely to ensure steady demand for portable battery powered products in the coming years.

The rapid growth of the telecommunications industry in the last few years has also been a key driver for the global portable battery powered products. The steady technological advancement in the telecommunications industry has enhanced the functionality of modern consumer electronics, necessitating power-dense batteries. This is likely to remain a key driver for the portable battery powered products market in the coming years due to the steady rise in the demand for consumer electronics in high-volume markets such as China, India, and Brazil.

On the other hand, the stringent environmental regulations passed by several governments across the world could present a notable barrier to the portable battery powered products market. Due to the widespread acknowledgment of the risk of electronic waste, which is usually nonbiodegradable and thus presents a significant environmental risk, battery design has undergone consistent changes over the years. This could remain a key restraint on the global portable battery powered products market in the coming years, as several components of modern batteries have significant potential to damage the environment.

Global Portable Battery Powered Electronics Market: Geographical and Competitive Trends 

Geographically, North America and Europe are the leading contributors to the global portable battery powered products market. However, while the early adoption of technological advances has enabled steady growth of the portable battery powered products market in these two regions, the steady rise in the demand for consumer electronics in the rapidly urbanizing Asia Pacific is likely to be a crucial driver for the market in the coming years.

Leading portable battery powered products market players profiled in the report include Sony Corp., Acer, Alcatel-Lucent, Dell, Siemens Medical Systems, Nikon, Advanced Battery Systems Inc., Sharp Electronics Corp., Casio, and Seiko Holdings.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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