Global Laptop Battery Market 2015-2019
About Laptop Battery
The laptop battery is a rechargeable battery that stores and produces energy for proper functionality of the device. Almost all laptop models use lithium-ion, or Li-ion batteries. These batteries generate power or energy when ions move from a negatively charged anode to the positively charged cathode. When the battery discharges, the ions move from the anode to the cathode, releasing energy, which is then used by the laptop. On the other hand, during the charge, electricity from the adapter forces the ions to return to the anode in the battery. Once the adapter is removed, this cycle starts all over again.
TechNavio's analysts forecast the Global Laptop Battery market to grow at a CAGR of 6.39 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Laptop Battery market during the period 2015-2019. To calculate the market size, the report takes into account the revenue generated from sales of laptop batteries.
TechNavio's report, Global Laptop Battery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global Laptop Battery Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Laptop Battery Market: Hewlett-Packard Co. (HP), LG Chem Ltd., Samsung SDI Co. Ltd. and Sony Corp.
Other Prominent Vendors in the market are: Amperex Technology Limited (ATL), Amstron, Battery Technology Inc. (BTI), Ecsem, Fujitsu, LikkPower, Panasonic and Toshiba.
Commenting on the report, an analyst from TechNavio’s team said: “One major trend emerging in this market is the increase in R&D innovations, primarily to improve the performance of laptop batteries. Various nanotechnology studies are being conducted to identify materials that can improve the capacity and increase the number of recharge cycles.”
According to the report, one of the major drivers of the market is the increased demand from the corporate sector. Business expansion by developed economies post the recession coupled with rapid industrialization in developing economies has driven the demand for various service-related jobs that require real-time communication and collaborative workspaces, and this has triggered the rise in sales of laptops, which indirectly boosts the sales of laptop batteries.
Further, the report states that the rise in the demand and in the adoption of tablets and smartphones by consumers is affecting the Laptop market, thereby reducing the demand for laptop batteries. Models that are not preferred by consumers are often pulled off the shelf to reduce further costs. Such strategic decisions pertaining to sales of laptops have an indirect impact on the Replacement Battery market.
HP, LG Chem, Samsung SDI, Sony, Amperex Technology , Amstron, BTI, Escem, Fujitsu, Likk Power, Panasonic, Toshiba
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