Dallas, TX -- (ReleaseWire) -- 07/14/2014 -- The portable battery pack market is expected to grow at a CAGR of 17.53% in the forecast period (2014-2020). Asia-Pacific region leads the overall market. The lithium batteries have emerged as the preferred choice for the consumer electronic products such as laptops, mobile phones, MP3 players, tablets, smartphones, and other portable devices. Lithium-ion is leading the portable battery technology in this market.
The report covers the drivers, restraints, and opportunities for the portable battery pack market. The big players included in this report who provide the different portable battery packs with different new technologies are 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).
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Browse 49 market Tables and 42 Figures spread through 215 Pages on "Portable Battery Pack Market".
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 overall Portable Battery Pack Market in this report is segmented by capacity range, product type, technology, and geography. All the major segments are further segmented into sub segments. According to the forecast & analysis, The Global Portable Battery Pack Market is expected to reach up to $10.94 Billion by 2020, at an estimated CAGR of 17.53% from 2014 to 2020.
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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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