Lucintel anticipates that Asia Pacific will be the fastest growing region in the portable battery pack market

   September 30, 2019
According to a market report by Lucintel, the future of the portable battery pack market looks promising with opportunities in smartphones, tablets, and portable media players. The portable battery pack market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are increasing power storage requirement in electronic devices, increasing number of smart devices, and growth in consumer electronics market.

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In this market, Li-ion, nickel metal hydride, Li-Polymer, and nickel cadmium are the major battery technologies. Within the portable battery pack market, smartphones, tablets, and portable media players are the major end use industries. Smartphones and tablets is the largest segment for the portable battery market           

1000 to 2500 mAh, 2510 to 5000mAh, 5010 to 7500mAh, 7510 to 10,000mAh, and above 10,000 mAh are the major capacity range of the portable battery pack market.

Asia-Pacific will remain the largest region over the forecast period.

BYD Company, China BAK Battery, Duracell International, Energizer Holding, LG Chem, Mophie, Panasonic Corporation, Samsung SDI, Simplo Technology, and Sony Corporation are among the major manufacturers of portable battery pack.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the portable battery pack market based on capacity range, end use industry, battery technology, and region. Lucintel has prepared a comprehensive research report entitled "Portable Battery Pack Market 2019-2024: Trends, Forecast, and Opportunity Analysis." This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the portable battery pack market on the basis of the capacity range, end use industry, battery technology and region as follows:           

By Battery Technology [$M shipment analysis for 2013 – 2024]:

  • Li-ion

  • Nickel Metal Hydride

  • Li-Polymer

  • Nickel Cadmium Technologies         

By Capacity Range [$M shipment analysis for 2013 – 2024]:

  • 1000mAh to 2500mAh

  • 2510mAh to 5000mAh

  • 5010 mAh to 7500mAh

  • 7510mAh to 10, 000mAh

  • and above 10, 000mAh

By End Use Industry [$M shipment analysis for 2013 – 2024]:

  • Smart Phones

  • Tablets

  • Portable Media Players

  • Others

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

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