Global Li-ion Battery for Laptop Market Overview:
A Lithium-Ion Battery is a high energy density Battery that is heavily used in the laptop device. It utilizes lithium metallic oxide in its positive electrode and carbon material in its negative electrode and the lithium ions inside the Battery transfer between the positive electrode and the negative electrode during charge or discharge. Its major features include its high voltage that lets users cut down on the number of batteries they utilized, high energy density minimizes battery size and weight, making it seamless for application in small size portable equipment, no metallic lithium is used so charging and discharging are very safe, no memory accumulation so it provides a full charge every time, many other features. The rapid development in laptop requirements because of an increase in work from home situation is driving huge growth in this industry.
As per latest study released by AMA Research, the Global Li-ion Battery for Laptop market is expected to see growth rate of 6.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
High Growth Market | Asia Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increase Investment in Research and Development Procedure, Intense Market Rivalry and Increasing demand for plug-in vehicles
Market Growth Drivers:
Growing Requirement for the Li-Ion Exchangeable Battery for Laptop Application, Increase in Demand of Laptops in Commercial and IT Industry and The Rise in Requirement of High Capacity Batteries in Laptops
Challenges:
High Cost of Raw Materials and Disruptions in the supply chain of batteries
Restraints:
The Slowdown in Economy Because of Coronavirus Pandemic and Safety issues related to storage and transportation of spent batteries
Opportunities:
Continuous Development in Technology and Growing Use of Laptops for Gaming
Competitive Landscape:
This is a highly competitive marketplace considered by rapidly changing technology, frequent product performance improvements, increasing the speed of deployment to align with requirements, and evolving industry standards and requirements coming from the end-users. The competition typically occurs at the design stage of a prospective customer’s product, where the users evaluate alternative technologies and design approaches. The market-leading companies drive subsystem development and deployment in both classified and unclassified environments.
Some of the key players profiled in the report are LG Chem (South Korea), Panasonic (Japan), Samsung (South Korea), Sony Corporation (Japan), TDK (Amperex Technology) (Japan), BYD Company (China), Shenzhen BAK Battery (China), Boston-Power (United States), Electrovaya (Canada) and HYB Battery (China). Additionally, following companies can also be profiled that are part of our coverage like Fujitsu (Japan), Sunwoda (China) and MiTAC (Taiwan). Analyst at AMA Research see United States Players to retain maximum share of Global Li-ion Battery for Laptop market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Li-ion Battery for Laptop market. Considering Market by Voltage, the sub-segment i.e. Low will boost the Li-ion Battery for Laptop market.
Latest Market Insights:
In October 2023, CATL (China) and SVOLT Energy Technology Co., Ltd. (China) announced a strategic partnership to jointly develop and produce next-generation battery materials and technologies. While not a full merger, this collaboration could significantly impact the Li-ion battery market.
In 2021, CATL and Daimler Truck AG introduced the reinforcement of their existing partnership. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck.
What Can be Explored with the Li-ion Battery for Laptop Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Li-ion Battery for Laptop Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Li-ion Battery for Laptop
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Li-ion Battery for Laptop market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Li-ion Battery for Laptop market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Li-ion Battery for laptop Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.