Latest research on Li-ion Portable Battery Market reports annualized growth of 16.3%

Li-ion Portable Battery Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Li-ion Portable Battery Market Study" explored CAGR of 16.3%. According to the report, Smaller, Lighter, More Powerful Batteries is one of the primary growth factors for the market. Continuously Increasing Demand for the Electric Vehicles & Smart Devices is also expected to contribute significantly to the Li-ion Portable Battery market. Overall, Consumer Electronics applications of Li-ion Portable Battery, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Power Capacity, such as 0–3000 mAh, is boosting the Li-ion Portable Battery market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Li-ion Portable Battery market identified that the demand is rising in many different parts of the world as "The Rapid Growth of Plugin Hybrid Electrical Vehicles across the Globe ". Furthermore, some recent industry insights like "On 27 June 2018, BYD opened a 24GWh power battery factory in Western China’s Qinghai province as it prepares to increase total production capacity to 60GWh by 2020. The technologically advanced factory, which is equivalent to the size of 140 football fields, will be the largest in the world after its construction is completed in 2019. It is also BYD’s third battery factory in China after Shenzhen and Huizhou. and On 13 March 2018, Panasonic Corporation has begun bulk production of prismatic-type automotive lithium-ion batteries at its factory in Dalian, China. To respond to the market demand, Panasonic has been gearing up to start production at this factory, which is its first production site for prismatic-type automotive lithium-ion batteries in China." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Li-ion Portable Battery market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Li-ion Portable Battery market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Li-ion Portable Battery Market Study

Data Triangulation
The overall Li-ion Portable Battery market size is calculated using market estimation process, the Li-ion Portable Battery market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Li-ion Portable Battery market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager