Mobile Battery Market Size, 2022 Share, Key Players, Growth Trends, and Forecast Analysis 2030

The global mobile battery market size was US$ 22.57 billion in 2021. The global mobile battery market size is forecast to reach US$ 39.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030.

A battery is a small container of chemical energy. Plugging a smartphone into the mains initiates a chemical reaction in the smartphone battery, which transfers electrons from the negative anode to the positive cathode. During the charging process, electrons are sent through a circuit, in this case, a smartphone, to the anode, and continue to do so until all the electrons contained within the battery have been transferred to the anode or until the built-in switch disconnects the battery. In most smartphones and electronic devices, lithium-ion batteries consist of a metal oxide cathode composed of cobalt, nickel, manganese, or iron, a porous graphite anode that holds lithium ions, and a lithium salt electrolyte.

Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC442

Factors Influencing Market Growth

• A growing number of power-consuming applications on smartphones, such as gaming, social media, cameras, and others, have resulted in the demand for batteries with high capacity. Battery life is becoming more and more important among digital natives today, which will drive the growth of this market in the years to come.
• With the growing popularity of smartphones, tablets, and other consumer electronics devices, the global mobile battery market is forecast to grow in the forecast period.
• A combination of high cost and potential risks associated with lithium-ion batteries may slow down the growth of the global mobile battery market.
• The demand for high energy efficiency in technologically advanced consumer gadgets such as smartphones is forecast to create opportunities for key players in the market.

Impact Analysis of COVID-19

The worldwide shutdown has caused significant changes in user habits as well as manufacturing delays in the smartphone industry, which has affected customer demand. Supply and shipping disruptions have crippled one of the world’s largest manufacturers and exporters of electrical devices, China. As well as supply chain disruptions, customer demand has also contributed to the industry’s problems. In turn, these factors have negatively affected the global mobile battery market.

Regional Insights

The Asia Pacific region held the largest revenue share in the mobile battery market in 2021 and is forecast to maintain its position throughout the forecast period. This is due to a large population and the presence of key players in the region. Also, investment and R&D efforts aimed at enhancing battery life and increasing the performance of mobile phones are likely to fuel market growth in the region.

Get a Sample PDF copy of the report :-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC442

Leading Competitors

The leading prominent companies profiled in the global mobile battery market are:

• Samsung SDI Co., Limited
• Panasonic Corporation
• Murata Manufacturing Co., Limited
• LG Corporation
• Maxell, Limited
• Sunwoda Electronic Co., Limited
• Zhuhai CosMX Battery Co., Limited
• TianJin Lishen Battery Joint-Stock Co., Limited
• Amperex Technology Limited
• Other Prominent Players

Scope of the Report

The global mobile battery market segmentation focuses on Type, Application, Sales Channel, and Region.

Segmentation based on Type

• Lithium-ion Battery
• Lithium Iron Phosphate
• Lithium Magnesium Oxide
• Lithium Titanate
• Others
• Nickel Based
• Others

Segmentation based on Application

• Smartphone
• Non-Smartphone

Segmentation based on Sales Channel

• Online
• Offline

Request Full Report :-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC442

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America

Aim of the Report

• This study aims to determine the market size of various segments and countries with forecast values for next ten years.
• Within the regions and countries studied, the report covers both qualitative and quantitative aspects of the industry.
• It also provides detailed information about the crucial aspects such as drivers & challenges that will influence the market’s future growth.
• The report will also include investment opportunities in micro markets for stakeholders. In addition, an in-depth analysis of key players’ products and the competitive landscape.

Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC442

About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES Tel: +1 888 212 3539 (US – TOLL FREE)
Website:https://www.reportocean.com/