Market OverviewMarket Research Future (MRFR), in its recently issued research report, asserts that the global market is booming and expected to grow exponentially over the review period, recording a substantial market valuation of USD 18 billion and a healthy 17% CAGR in the forecast period.
Regional Analysis
The geographical analysis of [FURL=https://www.marketresearchfuture.com/reports/portable-battery-market-941]Portable Battery Market Size[/FURL] has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world (Latin America, the Middle East, and Africa).
Asia-Pacific is leading the global portable battery market with the largest market share due to the massive consumption of mobile phones and other compact accessories. The emerging economies in the region, such as Myanmar, India, Vietnam, and China, are making more efforts to expand and improve wireless device services. Singapore, Thailand, and the Philippines are further presumed to contribute to the regional market expansion over the forecast period. Other developing countries like Japan, Malaysia, and Australia are growing to create new battery designs and are expected to play a crucial role in the market expansion in Asia-Pacific.
Competitive Analysis
The major market players operating in the global portable battery market as identified by MRFR are Acer Inc. (Taiwan),Sony Corporation (Japan), Alcatel-Lucent S.A. (France), Nikon Corporation (Japan), Dell Inc. (US), Siemens AG (Germany), Advanced Battery Systems Inc. (US), Casio Computer Co.Ltd. (Japan), Sharp Electronics Corporation (Japan), and Seiko Holdings Corporation (Japan).
Other players in markets are BYD Company Ltd. (China), Lenovo Group Ltd. (Hong Kong), Duracell International Inc. (US), China Bak Battery, Inc. (China), Energizer Holding Inc. (US), Mophie Inc. (US), LG Chem Inc. (US), Panasonic Corporation (Japan), Simplo Technology Co. Ltd. (Taiwan), Samsung Sdi Co. Ltd. (South Korea), among others.
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