Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Consumer Electronics Batteries Market to reach USD 46.20 billion by the end of 2030

Global Consumer Electronics Batteries Market Size study & Forecast, by Type (Alkaline Batteries, Lithium-ion Batteries, Graphene Batteries, Nickel-Cadmium Batteries, Zinc-Carbon Batteries, Lead-Acid Batteries, Others), by Application (Smartphones, Laptops and Tablets, Digital Cameras, Wearable Devices, Medical Devices, Others) and Regional Analysis, 2023-2030

Product Code: ECE-13374951
Publish Date: 15-11-2023
Page: 200

Global Consumer Electronics Batteries Market is valued at approximately USD 13.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 16.2% over the forecast period 2023-2030. Consumer electronics batteries are specialized power sources designed for use in a wide range of electronic devices that are commonly used by individuals. These batteries are typically compact, portable, and provide the necessary electrical energy to operate devices such as smartphones, laptops, digital cameras, remote controls, and other gadgets. Consumer electronics batteries come in various chemistries, including lithium-ion, nickel-metal hydride, and alkaline, among others, each offering different characteristics in terms of energy density, rechargeability, and lifespan. The Consumer Electronics Batteries Market is expanding because of factors such as the proliferation of consumer electronics, the growing popularity of electric vehicles, and the rising demand for portable gadgets and accessories.

The widespread adoption of consumer electronics such as smartphones, tablets, laptops, wearables, and smart home devices has created a strong demand for high-performance and long-lasting batteries, resulting in market growth. As per Statista’s data, the revenue from consumer electronics in 2020 amounted to USD 959.67 billion, which increased to USD 987.16 billion in 2022, this upward trend is expected to continue, with an anticipated revenue reaching USD 1152.88 billion by the year 2028. This consistent rise in revenue indicated a growing demand for consumer electronics, resulting in market growth. In addition, miniaturization form-factor innovation and rising government support for the industry are creating new opportunities for market growth. However, limited energy density and environmental concerns stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Consumer Electronics Batteries Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increasing penetration of smartphones, tablets, laptops, and wearable devices in the Asia-Pacific region has created a substantial demand for rechargeable batteries. As more consumers adopt these gadgets for communication, entertainment, and productivity, the need for reliable and long-lasting batteries has surged. The Asia-Pacific region is witnessing rapid urbanization and a burgeoning middle class, leading to higher disposable incomes. This economic growth has resulted in increased consumer spending on electronic gadgets, further boosting the demand for batteries. Whereas, North America is projected to register the fastest growth owing to factors such as the growing awareness of environmental concerns and the shift towards sustainable and eco-friendly energy solutions that have prompted manufacturers to develop advanced battery technologies. This includes the development of lithium-ion batteries with higher energy densities, longer lifespans, and improved safety features, which align with the region’s focus on reducing carbon emissions and promoting clean energy solutions.

Major market player included in this report are:
Samsung SDI Co. Ltd.
LG Chem Ltd
Panasonic Holdings Corporation
Toshiba Corporation
Duracell Inc
Sony Corporation
Apple, Inc.
Hitachi, Ltd.
Johnson Controls International Plc
Energizer Holdings, Inc

Recent Developments in the Market:
Ø In May 2023, Energizer Holdings, Inc. secured USD 43 million in funding for the expansion of its battery manufacturing and packaging facilities located in Asheboro, North Carolina, USA.
Ø In April 2023, Apple, Inc. announced a significant ramp-up in its efforts to incorporate recycled materials into its product lineup. This includes setting a new target for 2025, aiming to utilize 100% recycled cobalt in batteries designed by Apple.

Global Consumer Electronics Batteries Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Alkaline Batteries
Lithium-ion Batteries
Graphene Batteries
Nickel-Cadmium Batteries
Zinc-Carbon Batteries
Lead-Acid Batteries

By Application:
Laptops and Tablets
Digital Cameras
Wearable Devices
Medical Devices

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Consumer Electronics Batteries Market, by Region, 2020-2030 (USD Billion)
1.2.2. Consumer Electronics Batteries Market, by Type, 2020-2030 (USD Billion)
1.2.3. Consumer Electronics Batteries Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Consumer Electronics Batteries Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Consumer Electronics Batteries Market Dynamics
3.1. Consumer Electronics Batteries Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Proliferation of consumer electronics Growing popularity of electric vehicles Rising demand for portable gadgets and accessories
3.1.2. Market Challenges Limited energy density Environmental concerns
3.1.3. Market Opportunities Miniaturization and form-factor innovation Rising government support to the industry
Chapter 4. Global Consumer Electronics Batteries Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Consumer Electronics Batteries Market, by Type
5.1. Market Snapshot
5.2. Global Consumer Electronics Batteries Market by Type, Performance – Potential Analysis
5.3. Global Consumer Electronics Batteries Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Consumer Electronics Batteries Market, Sub Segment Analysis
5.4.1. Alkaline Batteries
5.4.2. Lithium-ion Batteries
5.4.3. Graphene Batteries
5.4.4. Nickel-Cadmium Batteries
5.4.5. Zinc-Carbon Batteries
5.4.6. Lead-Acid Batteries
5.4.7. Others
Chapter 6. Global Consumer Electronics Batteries Market, by Application
6.1. Market Snapshot
6.2. Global Consumer Electronics Batteries Market by Application, Performance – Potential Analysis
6.3. Global Consumer Electronics Batteries Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Consumer Electronics Batteries Market, Sub Segment Analysis
6.4.1. Smartphones
6.4.2. Laptops and Tablets
6.4.3. Digital Cameras
6.4.4. Wearable Devices
6.4.5. Medical Devices
6.4.6. Others
Chapter 7. Global Consumer Electronics Batteries Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Consumer Electronics Batteries Market, Regional Market Snapshot
7.4. North America Consumer Electronics Batteries Market
7.4.1. U.S. Consumer Electronics Batteries Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Consumer Electronics Batteries Market
7.5. Europe Consumer Electronics Batteries Market Snapshot
7.5.1. U.K. Consumer Electronics Batteries Market
7.5.2. Germany Consumer Electronics Batteries Market
7.5.3. France Consumer Electronics Batteries Market
7.5.4. Spain Consumer Electronics Batteries Market
7.5.5. Italy Consumer Electronics Batteries Market
7.5.6. Rest of Europe Consumer Electronics Batteries Market
7.6. Asia-Pacific Consumer Electronics Batteries Market Snapshot
7.6.1. China Consumer Electronics Batteries Market
7.6.2. India Consumer Electronics Batteries Market
7.6.3. Japan Consumer Electronics Batteries Market
7.6.4. Australia Consumer Electronics Batteries Market
7.6.5. South Korea Consumer Electronics Batteries Market
7.6.6. Rest of Asia Pacific Consumer Electronics Batteries Market
7.7. Latin America Consumer Electronics Batteries Market Snapshot
7.7.1. Brazil Consumer Electronics Batteries Market
7.7.2. Mexico Consumer Electronics Batteries Market
7.8. Middle East & Africa Consumer Electronics Batteries Market
7.8.1. Saudi Arabia Consumer Electronics Batteries Market
7.8.2. South Africa Consumer Electronics Batteries Market
7.8.3. Rest of Middle East & Africa Consumer Electronics Batteries Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Samsung SDI Co. Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. LG Chem Ltd
8.3.3. Panasonic Holdings Corporation
8.3.4. Toshiba Corporation
8.3.5. Duracell Inc
8.3.6. Sony Corporation
8.3.7. Apple, Inc.
8.3.8. Hitachi, Ltd.
8.3.9. Johnson Controls International Plc
8.3.10. Energizer Holdings Inc
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now