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.
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 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.
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