Consumer Battery Market
Description
The Global Consumer Battery Market is estimated to be valued at USD 28.91 Bn in 2025 and is expected to reach USD 44.34 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032. The global consumer battery market has been witnessing significant growth over the past few years driven by increasing demand for portable consumer electronics such as smartphones, laptops, tablets, and wearables. Batteries play a vital role in powering these devices and are a core component enabling the usage of mobile devices. Advancements in battery technology coupled with growing focus of manufacturers on enhancing battery life and capacity have been boosting the sales of consumer batteries. Moreover, the rising penetration of electric vehicles is creating new opportunities for the consumer battery market. However, volatility in raw material prices remains a key challenge.
Market Dynamics
The global consumer battery market is driven by the rising adoption of portable consumer electronic devices across the world. Smartphones have become an integral part of people's lives and are being replaced at a much faster rate, thereby propelling the demand for batteries. Furthermore, the growing sales of electric vehicles are expanding the scope of applications for batteries. However, fluctuations in raw material prices pose a major challenge as battery components such as lithium, cobalt, and nickel experience price volatility depending on market demand and supply forces. On the other hand, ongoing R&D investments by manufacturers to develop innovative battery chemistries with higher energy density and longer life are creating new opportunities. Continuous advancements in battery technology are expected to further fuel the market growth over the coming years.
Key Features of the Study
Market Dynamics
The global consumer battery market is driven by the rising adoption of portable consumer electronic devices across the world. Smartphones have become an integral part of people's lives and are being replaced at a much faster rate, thereby propelling the demand for batteries. Furthermore, the growing sales of electric vehicles are expanding the scope of applications for batteries. However, fluctuations in raw material prices pose a major challenge as battery components such as lithium, cobalt, and nickel experience price volatility depending on market demand and supply forces. On the other hand, ongoing R&D investments by manufacturers to develop innovative battery chemistries with higher energy density and longer life are creating new opportunities. Continuous advancements in battery technology are expected to further fuel the market growth over the coming years.
Key Features of the Study
- This report provides in-depth analysis of the global consumer battery market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global consumer battery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Panasonic Corporation, Samsung SDI Co., Ltd., LG Chem, BYD Company Limited, Contemporary Amperex Technology Co., Limited (CATL), Duracell Inc., Energizer Holdings, Inc., Sony Corporation, Toshiba Corporation, Hitachi Chemical Co., Ltd., VARTA AG, GS Yuasa Corporation, A123 Systems LLC, Saft Groupe S.A., and Exide Technologies.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global consumer battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer battery market.
- Battery Type Insights (Revenue, USD Bn, 2020 - 2032)
- Secondary
- Primary
- Form Factor Insights (Revenue, USD Bn, 2020 - 2032)
- Cylindrical
- Prismatic
- Pouch
- Button
- Application Insights (Revenue, USD Bn, 2020 - 2032)
- Consumer Electronics
- Automotive (Electric Vehicles)
- Power Tools
- Uninterruptible Power Supplies (UPS)
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Panasonic Corporation
- Samsung SDI Co., Ltd.
- LG Chem
- BYD Company Limited
- Contemporary Amperex Technology Co., Limited (CATL)
- Duracell Inc.
- Energizer Holdings, Inc.
- Sony Corporation
- Toshiba Corporation
- Hitachi Chemical Co., Ltd.
- VARTA AG
- GS Yuasa Corporation
- A123 Systems LLC
- Saft Groupe S.A.
- Exide Technologies
Table of Contents
161 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Consumer Battery Market, By Battery Type
- Global Consumer Battery Market, By Form Factor
- Global Consumer Battery Market, By Application
- Global Consumer Battery Market, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- 4. Global Consumer Battery Market, By Battery Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Secondary
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Primary
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 5. Global Consumer Battery Market, By Form Factor, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Cylindrical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Prismatic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Pouch
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Button
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 6. Global Consumer Battery Market, By Application, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Consumer Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Automotive (Electric Vehicles)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Power Tools
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Uninterruptible Power Supplies (UPS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 7. Global Consumer Battery Market, By Region, 2020 - 2032, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Battery Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form Factor, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Battery Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form Factor, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Battery Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form Factor, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Battery Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form Factor, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Battery Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form Factor, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Battery Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form Factor, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
- 8. Competitive Landscape
- Panasonic Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Samsung SDI Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- LG Chem
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BYD Company Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Contemporary Amperex Technology Co., Limited (CATL)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Duracell Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Energizer Holdings, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sony Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Toshiba Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hitachi Chemical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- VARTA AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GS Yuasa Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- A123 Systems LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Saft Groupe S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Exide Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 10. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on 'Consumer Battery Market' - Global forecast to 2032
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