Portable Battery Market size was valued at USD 15.2 Billion in 2024 and is projected to reach USD 30.5 Billion by 2033, exhibiting a CAGR of 8.5% from 2026 to 2033.
The global portable battery market was valued at USD 10.8 billion in 2022 and is projected to expand at a CAGR of 8.1% from 2023 to 2030. This growth is driven by the increasing demand for portable power solutions across various end use industries, including consumer electronics, automotive, and healthcare. The growing adoption of electric vehicles (EVs) and the rise in the number of smart devices are significant contributors to the markets expansion. By 2030, the portable battery market is expected to reach approximately USD 23.3 billion. This surge is also fueled by advancements in battery technologies, such as lithium ion and solid state batteries, which offer higher energy density and faster charging capabilities.
Regionally, North America held the largest market share in 2022, accounting for around 35% of the global market. The region’s dominance can be attributed to the high penetration of smartphones, laptops, and wearable devices, as well as the growing adoption of electric vehicles. Europe follows closely with a significant market share, driven by the demand for sustainable energy storage solutions and increasing government support for EV infrastructure. The Asia Pacific region is expected to witness the highest growth rate, with a CAGR of 9.2% during the forecast period, driven by the booming consumer electronics market in countries like China, Japan, and India. The Latin American and Middle Eastern markets are also expected to grow steadily, as demand for portable batteries increases due to infrastructure development and urbanization in these regions.
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Sony
Acer
Alcatel-Lucent
Dell
Siemens
Nikon
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Portable Battery Market
Power Banks
Portable Solar Chargers
Battery Cases
Lithium-ion (Li-ion)
Lithium-polymer (Li-Po)
Nickel-metal Hydride (NiMH)
Consumer Electronics
Electric Vehicles
Military and Defense
Industrial
Below 10,000mAh
10,000mAh to 20,000mAh
Above 20,000mAh
Fast Charging
Wireless Charging
Solar Charging
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Portable Battery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Portable Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Portable Battery Market, By Type
6. Global Portable Battery Market, By Application
7. Global Portable Battery Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Portable Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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