In its research report, Market Research Future (MRFR), emphasizes that the global portable battery market 2020 is expected to grow signficantly, securing a substantial market valuation of USD 18 Billion and a healthy 17% CAGR over the review period.

Regional Analysis

The geographical overview of [FURL=https://www.marketresearchfuture.com/reports/portable-battery-market-941]Portable Battery Market Share[/FURL] has been conducted in four major regions, including North America, the Asia Pacific, Europe, and the rest of the world.

Owing to the high use of cell phones and other portable devices, Asia-Pacific dominates the global portable battery market with the greatest market share. In addition, rapid migration from rural to urban areas is expected to help the mobile phone segment over the forecast period, especially in countries such as China and Indonesia. In order to gain a competitive advantage in the cell phone sector, main market players rely heavily on broad distribution networks such as multi-brand distributors and cell accessories retailers to better cater for customers. The region's emerging economies like India, Vietnam, Myanmar and China are making greater efforts to extend and modernize wireless app services. It is further expected that Thailand, Singapore, and the Philippines will contribute to regional market expansion over the forecast period. Countries such as Japan, Malaysia, and Australia are rising to build new battery designs, and expected to play a major role in Asia-Pacific market expansion.

Due to the growing demand for high-capacity range devices in this area, North America is expected to rise during the forecast period, which will in turn accelerate the growth of the global portable battery pack market.

Competitive Analysis

The major market players operating in the global market as identified by MRFR are Advanced Battery Systems Inc. (US), Casio Computer Co.Ltd. (Japan),Acer Inc. (Taiwan), Sony Corporation (Japan), Alcatel-Lucent S.A. (France), Dell Inc. (US), Siemens AG (Germany), Nikon Corporation (Japan), Sharp Electronics Corporation (Japan), and Seiko Holdings Corporation (Japan)

Other players in markets are BYD Company Ltd. (China), Samsung Sdi Co. Ltd. (South Korea), China Bak Battery, Inc. (China), Energizer Holding Inc. (US), Duracell International Inc. (US), LG Chem Inc. (US), Mophie Inc. (US), Panasonic Corporation (Japan), Lenovo group Ltd. (Hong Kong), Simplo Technology Co. Ltd. (Taiwan) among others.

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