According to a new market research report “Portable Battery Pack Marketby Capacity Range, Product Type (Smartphone, Tablet, Portable Devices and Others), Technology (Li-ion, Nickel Metal Hydride, Li-Polymer, and Nickel Cadmium) & Geography - Global Forecast to 2014 - 2020",published by MarketsandMarkets, the global portable battery pack market is expected to grow at a CAGR of 17.53% from 2014 to 2020, and reach $10.94 Billion in 2020.
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The major use of portable batteries in the consumer electronics sector is found in the mobiles, tablets, notebooks, and other smart devices. The increase in the number of smart devices, high capacity requirement of electronic devices, and evolution of different battery technologies are driving the global portable battery market.
The growing demand of portable battery packs in a variety of industrial segments such as communication, computer, medical and military, advancements in battery technologies, and different applications ranging from power tools to small electronic devices are creating new opportunities for the portable battery pack manufacturers.
The competitive landscape section of the report provides key developments and strategies followed by the major players and their company profiles. Some of the big players in the portable battery market include BYD Battery Co. Ltd (China), Energizer Holding Inc. (U.S), LG Chem Power Inc. (South Korea), Mophie Inc. (U.S), Panasonic Corporation (Japan), Simplo Technology Co. Ltd. (Taiwan), Sony Corporation (Japan), and Samsung SDI Co., Ltd. (South Korea).The report also presents a detailed analysis of the overall global portable battery market, along with the market dynamics (drivers, restraints, and opportunities) and market size forecasts in terms of the revenue.
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Mr. Rohan
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UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
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1-888-600-6441
Email: sales@marketsandmarkets.com
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