The growing demand for portable
electronics has led the growth of this market. Earlier, batteries were
used for conventional products such as flashlights, watches, calculators
etc. Now-a-days the scenario has totally changed and the introduction
of portable devices has increased in the areas of communications,
entertainment, computing, and photography, thus pushing the market
growth.
The application areas of this market
include those in lighting, entertainment, medical, science, toys,
cameras, computers, navigation, and communication. Battery powered
products are heavily used in communication sectors and in the computers
industry. The communication sector is the largest market shareholder in
the battery powered products segment followed by the computers
industry.
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This market can be segmented on the
basis of rechargeable batteries and non-rechargeable batteries.
Rechargeable batteries includes nickel-cadmium (NiCad), Nickel-metal
hydride, lithium batteries (including lithium-ion and lithium-polymer),
and specialty rechargeable batteries (alkaline, silver-zinc and
silver-cadmium). Non-rechargeable batteries include zinc-carbon primary
batteries, non-rechargeable manganese zinc alkaline, non-rechargeable
lithium, and specialty non-rechargeable batteries (silver oxide,
zinc-air and magnesium).
Some of the major growth drivers for
this market are consumer inclination towards convenience and high growth
in the communication sector. Ever changing government regulations
might be a challenge for this market. Introduction of technology, which
helps OEMs to make long-life batteries, will be an opportunity for
this market. Battery powered products are eco-friendly and do not harm
to the environment. Such products also help to reduce energy
consumption and emissions.
Some of the major players in this
market are Acer, Advanced Battery Systems, Inc., Adcon Electronics,
Inc., Alcad, Ltd., Alcatel-Lucent, Battery Clinic, Inc., Casio, Dell,
Sharp Electronics Corp., Sony Corp., Siemens Medical Systems, Seiko
Holdings, and Nikon.
This research report analyzes this
market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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