The global battery pack market size is expected to reach USD 132.68 billion by 2028 at a CAGR of 17.9%, according to a new report by Emergen Research. Growth in market revenue is primarily attributed to increasing applications of battery packs in consumer electronic devices such as mobile phones and laptops, power tools, and electric vehicles. Increasing use of mobile devices such as smartphones, laptops, and tablets, growing use of cordless and portable electronic equipment, surging need for extended battery life are some of the major factors driving the growth of the global battery pack market.
Significant driving forces shaping the future of the Battery Pack market for the forecast period 2020 - 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry's growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market's growth?
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Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
In addition, the study probes into the major factors such as import and export status, consumption volume, supply chain management, production capability and spending power to help business owners, stakeholders as well as field marketing executives zero in on profitable business strategies and stay competitive. A thorough analysis of intense competition among the top performers and strategies that have enabled them to occupy a strong foothold in the Battery Pack market makes the report a valuable resource for product owners exploring new avenues. All the vital information is presented through charts, graphs and tables and can be refereed for an industry specific presentation.
Among regional markets, North America emerged as the largest contributor to the global market revenue growth in 2020. The region's thriving consumer electronics industry, increasing adoption of electric vehicles, and emergence of advanced battery technologies are the key drivers for the North America market growth.
Epec LLC, Cadex, Steatite, Excell Battery, ProTechnologies, Energizer Holding Inc., Mophie Inc., BYD Battery Co. Ltd, LG Chem Power Inc., Panasonic Corporation, Simplo Technology Co. Ltd., Sony Corporation, and Samsung SDI Co. Ltd. are among the leading market players.
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For the purpose of this report, the global battery pack market is segmented on the basis of product type, battery type, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
Laptop battery pack
Power battery pack
Phone battery pack
Others
Battery Type Outlook (Revenue, USD Billion; 2018-2028)
Lithium-ion battery
Nickel metal hydride battery
Lithium-polymer battery
Nickel cadmium battery
Others
End-use Outlook (Revenue, USD Billion; 2018-2028)
Consumer electronics
Automotive
Power tools
Medical
Others
Regional Outlook (Revenue, USD Billion; 2018-2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Report Objectives
Examine the size of the global Battery Pack market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Battery Pack market.
Explore the underlying dynamics of the global Battery Pack market.
Highlight significant trends of the global Battery Pack market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Battery Pack market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Battery Pack market.
Forecast the market size and share of all segments and regions in the global landscape.
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Table of Content
Chapter 1. Battery Pack Market Methodology & Sources
1.1. Battery Pack Market Definition
1.2. Battery Pack Market Research Scope
1.3. Battery Pack Market Methodology
1.4. Battery Pack Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Battery Pack Market Segmentation & Impact Analysis
4.1. Battery Pack Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising need to improve crop yield
4.2.2.2. Better risk management provided by analytics technology
4.2.2.3. Increasing adoption of Big Data IoT sensors
4.2.2.4. Increasing need to enhance agricultural supply chain
4.2.3. Market restraints analysis
4.2.3.1. Lack of technological awareness among farmers
4.2.3.2. High initial investments
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Battery Pack Market By Component Insights & Trends, Revenue (USD Million)
Chapter 6. Battery Pack Market By Farm size Insights & Trends, Revenue (USD Million)
Chapter 7. Battery Pack Market By Deployment modes Insights & Trends Revenue (USD Million)
Chapter 8. Battery Pack Market By Application Insights & Trends Revenue (USD Million)
Chapter 9. Battery Pack Market Regional Outlook
Continued…
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