Portable Battery Pack Market - Forecasts from 2025 to 2030
Description
The Portable Battery Pack Market is expected to grow from US$15.550 billion in 2025 to US$25.901 billion in 2030, at a CAGR of 10.74%.
A portable battery is a rechargeable electrical component that can supply power to a device through an inbuilt battery that can be recharged when needed. A portable battery can hold power, charge, and discharge when required. It is most commonly used in the end-user industry to charge devices such as mobile phones, tablets, cameras, laptops, and others. Portable batteries have also been known to be utilized in the automotive industry for the development of electric vehicles.
Portable Battery Pack Market Trends:
The global portable battery pack market is expected to grow substantially, mainly due to the increasing adoption of smartphones and electric vehicles. However, the increasing lithium prices and scarcity may hamper the market demand for portable batteries. The Asia Pacific region has been reported to have the largest market share, due to the increasing innovations in technology in countries like China and India, and is expected to continue leading the market in the forecasted period.
Portable Battery Pack Market Growth Factors:
Increasing adoption of mobile devices
Smartphone and smart device adoption is increasing in countries all over the world. Smartphones have made our lives simpler by introducing functions like online shopping, online banking, social networking services, and other useful operations. Moreover, the adoption of 5G technology, which would help in faster data speeds, is expected to increase the market size of the portable battery market. The COVID-19 pandemic also led to an increase in smartphone sales, due to the adoption of remote work and online services by companies.
According to the GSMA, by the end of 2025, 5G is expected to account for over a fifth of the total internet connections in the world. According to the GSMA, by the end of 2020, 5.2 billion people, or nearly 67% of the global population, will have subscribed to mobile services. This figure is only expected to increase, owing to the advancements in the smartphone industry. With this constant demand for smartphones and their usage, the demand for portable batteries is expected to increase, since mobile batteries only contain a limited amount of battery capacity, after which they need to be charged. Therefore, the increase in smartphone usage is expected to affect the portable battery market significantly.
Portable Battery Pack Market Restraints:
The increasing cost of lithium
There has been a significant increase in the price of lithium all over the world. Owing to this increase in lithium prices, many industries have been forced to increase the prices of their commodities to maintain a stable profit. This increase in prices is due to the extensive production of lithium around the world. The unexpected growth in demand for lithium-ion batteries caused this boost in output. The rise in demand was attributable to an increase in electric vehicle (EV) manufacturing and demand. This was in response to government measures to replace combustion cars to fight the consequences of climate change.
Additionally, this increase in cost for lithium is also due to a shortage in production, which has created a lag in supply and demand for lithium and also hampered a lot of major markets. These factors may decrease the size and demand of the portable battery market, leading to slower growth.
An increase in smartphone battery capacity
Mobile phones have made our lives easier by being able to do various simple and complex tasks, without any other equipment. Besides making calls, mobile phones now offer various banking and utilitarian services. With an increase in the adoption of mobile phones, the smartphone market has seen various technological advancements. Among other developments, smartphones now come with extended battery life and usage capacity. Smartphones have been reported to have more than 6000 mAh of battery capacity. 4000-5000 mAh capacity has become an industry standard now, allowing users to utilize their mobile phones for longer, without the risk of running out of charge. This has led to a decrease in the demand for portable batteries, and owing to the upcoming technological developments, the portable battery market may suffer.
Portable Battery Pack Market Segmentation:
By Capacity Range
1000 mAh<2500 mAh
2500 mAh<5000 mAh
5000 mAh<7500 mAh
7500 mAh<10,000 mAh and above
By Product Type
Tablets
Smartphones
Portable Media Players
Others
By Technology
Nickel Metal Hydride
Ni-Cd (Nickel Cadmium) Battery
Li-Polymer (Lithium Polymer) Battery
Li-ion (Lithium-ion) Battery
By Sales Channel
Online Retail
Offline Retail
By Geography
North America
Europe
Asia Pacific
South America
Middle East & Africa
Companies Profiled
Sony Corporation
Samsung
Mophie
Energizer Holding
China Bak Battery
BYD Company
Duracell International
LG Chem
OPPO
Xiaomi Inc.
Anker Technology Co.
Panasonic
Lenovo Group
RavPower
A portable battery is a rechargeable electrical component that can supply power to a device through an inbuilt battery that can be recharged when needed. A portable battery can hold power, charge, and discharge when required. It is most commonly used in the end-user industry to charge devices such as mobile phones, tablets, cameras, laptops, and others. Portable batteries have also been known to be utilized in the automotive industry for the development of electric vehicles.
Portable Battery Pack Market Trends:
The global portable battery pack market is expected to grow substantially, mainly due to the increasing adoption of smartphones and electric vehicles. However, the increasing lithium prices and scarcity may hamper the market demand for portable batteries. The Asia Pacific region has been reported to have the largest market share, due to the increasing innovations in technology in countries like China and India, and is expected to continue leading the market in the forecasted period.
Portable Battery Pack Market Growth Factors:
Increasing adoption of mobile devices
Smartphone and smart device adoption is increasing in countries all over the world. Smartphones have made our lives simpler by introducing functions like online shopping, online banking, social networking services, and other useful operations. Moreover, the adoption of 5G technology, which would help in faster data speeds, is expected to increase the market size of the portable battery market. The COVID-19 pandemic also led to an increase in smartphone sales, due to the adoption of remote work and online services by companies.
According to the GSMA, by the end of 2025, 5G is expected to account for over a fifth of the total internet connections in the world. According to the GSMA, by the end of 2020, 5.2 billion people, or nearly 67% of the global population, will have subscribed to mobile services. This figure is only expected to increase, owing to the advancements in the smartphone industry. With this constant demand for smartphones and their usage, the demand for portable batteries is expected to increase, since mobile batteries only contain a limited amount of battery capacity, after which they need to be charged. Therefore, the increase in smartphone usage is expected to affect the portable battery market significantly.
Portable Battery Pack Market Restraints:
The increasing cost of lithium
There has been a significant increase in the price of lithium all over the world. Owing to this increase in lithium prices, many industries have been forced to increase the prices of their commodities to maintain a stable profit. This increase in prices is due to the extensive production of lithium around the world. The unexpected growth in demand for lithium-ion batteries caused this boost in output. The rise in demand was attributable to an increase in electric vehicle (EV) manufacturing and demand. This was in response to government measures to replace combustion cars to fight the consequences of climate change.
Additionally, this increase in cost for lithium is also due to a shortage in production, which has created a lag in supply and demand for lithium and also hampered a lot of major markets. These factors may decrease the size and demand of the portable battery market, leading to slower growth.
An increase in smartphone battery capacity
Mobile phones have made our lives easier by being able to do various simple and complex tasks, without any other equipment. Besides making calls, mobile phones now offer various banking and utilitarian services. With an increase in the adoption of mobile phones, the smartphone market has seen various technological advancements. Among other developments, smartphones now come with extended battery life and usage capacity. Smartphones have been reported to have more than 6000 mAh of battery capacity. 4000-5000 mAh capacity has become an industry standard now, allowing users to utilize their mobile phones for longer, without the risk of running out of charge. This has led to a decrease in the demand for portable batteries, and owing to the upcoming technological developments, the portable battery market may suffer.
Portable Battery Pack Market Segmentation:
By Capacity Range
1000 mAh<2500 mAh
2500 mAh<5000 mAh
5000 mAh<7500 mAh
7500 mAh<10,000 mAh and above
By Product Type
Tablets
Smartphones
Portable Media Players
Others
By Technology
Nickel Metal Hydride
Ni-Cd (Nickel Cadmium) Battery
Li-Polymer (Lithium Polymer) Battery
Li-ion (Lithium-ion) Battery
By Sales Channel
Online Retail
Offline Retail
By Geography
North America
Europe
Asia Pacific
South America
Middle East & Africa
Companies Profiled
Sony Corporation
Samsung
Mophie
Energizer Holding
China Bak Battery
BYD Company
Duracell International
LG Chem
OPPO
Xiaomi Inc.
Anker Technology Co.
Panasonic
Lenovo Group
RavPower
Table of Contents
146 Pages
- 1. EXECUTIVE SUMMARY
- 2. MARKET SNAPSHOT
- 2.1. Market Overview
- 2.2. Market Definition
- 2.3. Scope of the Study
- 2.4. Market Segmentation
- 3. BUSINESS LANDSCAPE
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Porter’s Five Forces Analysis
- 3.5. Industry Value Chain Analysis
- 3.6. Policies and Regulations
- 3.7. Strategic Recommendations
- 4. TECHNOLOGICAL OUTLOOK
- 5. PORTABLE BATTERY PACK MARKET BY CAPACITY RANGE
- 5.1. Introduction
- 5.2. 1000 mAh<2500 mAh
- 5.3. 2500 mAh<5000 mAh
- 5.4.5000 mAh<7500 mAh
- 5.5. 7500 mAh<10,000 mAh and above
- 6. PORTABLE BATTERY PACK MARKET BY PRODUCT TYPE
- 6.1. Introduction
- 6.2. Tablets
- 6.3. Smartphones
- 6.4. Portable Media Players
- 6.5. Others
- 7. PORTABLE BATTERY PACK MARKET BY TECHNOLOGY
- 7.1. Introduction
- 7.2. Nickel Metal Hydride
- 7.3. Ni-Cd (Nickel Cadmium) Battery
- 7.4. Li-Polymer (Lithium Polymer) Battery
- 7.5. Li-ion (Lithium-ion) Battery
- 8. PORTABLE BATTERY PACK MARKET BY SALES CHANNEL
- 8.1. Introduction
- 8.2. Online Retail
- 8.3. Offline Retail
- 9. PORTABLE BATTERY PACK MARKET BY GEOGRAPHY
- 9.1. Introduction
- 9.2. North America
- 9.2.1. By Capacity Range
- 9.2.2. By Product Type
- 9.2.3. By Technology
- 9.2.4. By Sales Channel
- 9.2.5. By Country
- 9.2.5.1. USA
- 9.2.5.2. Canada
- 9.2.5.3. Mexico
- 9.3. South America
- 9.3.1. By Capacity Range
- 9.3.2. By Product Type
- 9.3.3. By Technology
- 9.3.4. By Sales Channel
- 9.3.5. By Country
- 9.3.5.1. Brazil
- 9.3.5.2. Argentina
- 9.3.5.3. Others
- 9.4. Europe
- 9.4.1. By Capacity Range
- 9.4.2. By Product Type
- 9.4.3. By Technology
- 9.4.4. By Sales Channel
- 9.4.5. By Country
- 9.4.5.1. United Kingdom
- 9.4.5.2. Germany
- 9.4.5.3. France
- 9.4.5.4. Spain
- 9.4.5.5. Others
- 9.5. Middle East and Africa
- 9.5.1. By Capacity Range
- 9.5.2. By Product Type
- 9.5.3. By Technology
- 9.5.4. By Sales Channel
- 9.5.5. By Country
- 9.5.5.1. Saudi Arabia
- 9.5.5.2. UAE
- 9.5.5.3. Others
- 9.6. Asia Pacific
- 9.6.1. By Capacity Range
- 9.6.2. By Product Type
- 9.6.3. By Technology
- 9.6.4. By Sales Channel
- 9.6.5. By Country
- 9.6.5.1. China
- 9.6.5.2. Japan
- 9.6.5.3. India
- 9.6.5.4. South Korea
- 9.6.5.5. Taiwan
- 9.6.5.6. Others
- 10. COMPETITIVE ENVIRONMENT AND ANALYSIS
- 10.1. Major Players and Strategy Analysis
- 10.2. Market Share Analysis
- 10.3. Mergers, Acquisitions, Agreements, and Collaborations
- 10.4. Competitive Dashboard
- 11. COMPANY PROFILES
- 11.1. Sony Corporation
- 11.2. Samsung
- 11.3. Mophie
- 11.4. Energizer Holding
- 11.5. China Bak Battery
- 11.6. BYD Company
- 11.7. Duracell International
- 11.8. LG Chem
- 11.9. OPPO
- 11.10. Xiaomi Inc.
- 11.11. Anker Technology Co.
- 11.12. Panasonic
- 11.13. Lenovo Group
- 11.14. RavPower
- 12. APPENDIX
- 12.1. Currency
- 12.2. Assumptions
- 12.3. Base and Forecast Years Timeline
- 12.4. Key Benefits for the Stakeholders
- 12.5. Research Methodology
- 12.6. Abbreviations
Pricing
Currency Rates
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