Global Mobile Battery Market is valued at USD 22.56 Billion in 2021 and is expected to reach USD 35.05 Billion by 2028 with a CAGR of 6.5% over the forecast period.
Global Mobile Battery Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028: Increasing demand for mobile devices such as smartphones, rising demand of longer battery life, and growing technological advancements in this are some of the major factors driving the growth of the Global Mobile Battery Market.
A mobile battery is a type of battery that is rechargeable with high energy density and is used in smartphones and non-smartphones. Most modern mobile devices use lithium-ion (sometimes called Li-ion) batteries, which have two main components: a pair of electrodes and an electrolyte between them. Lithium-ion batteries are the most widely used battery in mobile applications due to their competitive advantages over other traditional batteries such as high energy density, lightweight, fast charging, and others. The batteries used in everyday consumer electronics devices need to balance specific energy, energy density, low equipment weight, operating temperature, and other properties for the proper operation of mobile batteries.
Covid-19 has also impacted the growth of global mobile battery market. Coronavirus pandemic flare-up across the globe has brought decrease in demand for consumer electronics items; supply-demand irregularity, absence of raw material and temporary closure of battery fabricating which impacted the market. The Covid-19 pandemic has altogether impacted the mobile battery market, as the greater part of the commercial electronics manufacturers have postponed the product launch. However, demand is expected to increase steadily after the post-Coivd-19.
|2018 - 2021
|2021 - 2028
|Market Size in 2021:
|USD 22.56 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 35.05 Billion
|Tables, Charts & Figures:
|Mobile Battery Manufacturers
|Panasonic Corporation, Murata Manufacturing Co., Ltd., Sunwoda Electronic Co., Ltd., TianJin Lishen Battery Joint-Stock Co., Ltd., Amperex Technology Limited, Zhuhai CosMX Battery Co., Ltd., Samsung SDI Co., Ltd., TWS, LG Corporation, Maxell, Ltd., Others.
|By Type, By Sales Channel, By Application
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
On April 8th, 2021; Vivo launched a new budget smartphone Vivo Y21G in India in its Y-series with a 5000mAh battery. The Vivo Y21G runs on Android 12-based FunTouch OS 12 and has a charger in the box. The Vivo Y21G has a 6.51-inch IPS LCD display with HD + resolution and 20: 9 aspect ratios. It has a waterdrop notch on the front which has a selfie camera.
One of the major factors driving the growth of the mobile battery market is the increasing demand for mobile devices such as smartphones. A mobile battery is an energy storage device used in a smartphone for the proper functioning of the mobile. The increasing development in smartphones due to the use of energy applications in smartphones such as gaming, social media, cameras, and others supplements the demand for mobile batteries with high battery capacity. Nowadays, battery life is becoming an important aspect, which is why the market is growing in the next few years. For instance; according to, the Cellular Telecommunications and Internet Association, the number of smartphone users in the U.S. is 262 million in 2018.
In addition, the rising demand for longer battery life is also boosting the growth of the mobile battery market. When it comes to mobile phones, power means battery life and as innovation in mobile technology grows, battery life is a key feature of smartphones that users make purchasing decisions. Just like the batteries are fitted in phone, user need the power to do the basics of life. In addition, many people living in rural areas who do not have a constant power supply prefer phones with long-lasting batteries. Thus, demand for longer battery life has increased. Increased demand for long battery life due to the use of various applications such as weather forecasting, video, and audio players, gaming, and other social media applications is another important factor fostering the demand for mobile batteries.
Moreover, the growing technological advancements in this field is also augumenting the market growth. For instance; as per the news published, on May 23rd, 2022; the Vivo Y72t smartphone in India with a 6000mAh battery was launched. Running Android 11, the smartphone supports a 6000mAh battery. Thus, increasing technological advancement has driven the market during the forecast period.
However, the high cost associated with mobile battery may hinder the growth of the global mobile battery market. In spite of that, increasing demand for high energy efficiency in technologically advanced consumer gadgets such as smartphones can offer more opportunities in the global mobile battery market.
Geographically, Asia Pacific is expected to show fastest growth in the global mobile battery market within the forecast period due to the increasing number of smartphone users, presence of key players, and growing investments and R&D toward improving battery life in this region. A mobile battery is an energy-saving device used in a smartphone for the proper functioning of the mobile. For instance; according to India Brand Equity Foundation, on September 16th, 2021; Smartphone shipments are projected to reach 173 million in 2021, an increase of 14% over 2020. In addition, the presence of key players is another factor boosting the market growth in this region. For instance; as per the news published, on March 25th, 2022; the Realme C31 budget phone with battery was launched in India with features such as a triple-camera setup and a 5000mAh battery.
North America is expected to witness significant growth in the global mobile battery market due to increasing mobile phone users, rising internet penetration, and the presence of key players in this region. For example; as per the Internet Innovation Alliance (IIA), in 2017, the quantity of smartphone users in the United States was assessed to arrive at 224.3 million. By 2022, the quantity of cell phone clients in the U.S. is assessed to arrive at more than 270 million.
Some major key players for the global mobile battery market report cover prominent players like
The global market is segmented on the basis of the type, sales channel, application, region & country level. On the basis of type, the global mobile battery market is segmented into nickel-based, lithium-ion batteries, and others. By sales channel, the global mobile battery market is segmented into offline, and online. By application, the global mobile battery market is segmented into non-smartphones, and smartphones.
Middle East and Africa
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