Laptop Batteries Market By Number of Cells (3, 4, 6, 8, 9 and 12), By Source (Original Equipment Manufacturers (OEM) and Aftermarket), By Sales Channel (Retail Stores and Online Retail) – Growth, Future Prospects and Competitive Analysis, 2018 - 2026

Consistent sales in the laptop industry since 2016 to ensure robust demand for laptop batteries.

The laptop batteries market worldwide is expected to grow with a CAGR of 5.7% during the forecast period from 2018 to 2026. Laptop batteries are among the most integral components of laptop PCs used to power these devices. Although laptops with non-replaceable batteries are gaining traction, laptops with removable batteries form the bulk of the market, making the laptop battery market promising. The market is highly driven by the revival in laptop PC sales in 2016. In addition, limited battery lifespans (though inconvenient to users) serve as a market-driving factor for manufacturers. Laptop batteries typically have a lifespan of 2–3 years, making battery replacement frequent. Considering the continued preference for laptop PCs as compared to tablets, the demand for laptop batteries is expected to remain strong throughout the forecast period.

Market Synopsis                                                                          

Aftermarket segment to dominate the market throughout the forecast period

In 2017, the aftermarket segment dominated the market with nearly 2/3 of the total market value. The market is heavily dependent on the existing number of laptops present worldwide. Due to its limited lifespan, the aftermarket segment witnesses higher demand as compared to the OEM segment. OEMs' segment growth is primarily determined by the shipment of new laptop units. Thus, the dip in new laptop sales affects battery sales through OEMs. As a result, the aftermarket segment would maintain its market dominance throughout the forecast period.

The main area of competition will continue to be the development of laptop batteries with longer backups and life.

Some of the prominent players operating in the laptop battery market include Amperex Technology Co., Ltd., Armstrong Corporation, Battery Technology, Inc., Fujitsu Ltd., Hewlett-Packard (HP) Company, LG Chem Ltd., LikkPower, Panasonic Corporation, Samsung SDI Co., Ltd., Sony Corporation, and Toshiba Corporation, among others.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The laptop batteries market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global laptop battery market based on the number of cells, sales source, sales channel, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of laptop batteries in 2017, and what is the forecast up to 2026?
  • Which is the largest regional market for laptop batteries?
  • What are the major trends followed in overall laptop battery life across different regions?
  • Who are the key laptop battery companies leading the market?
  • What are the key strategies adopted by the leading laptop battery companies in the market?

This report's distinct data points

  • Global laptop unit shipment statistics
  • Recent trends across different regions in terms of the adoption of laptops and tablets
  • Notable developments are going on in the laptop industry.
  • Attractive investment proposition in terms of cell count, sales source segment, and geography
  • Comparative scenario for all the segments for years 2017 (actual) and 2026 (forecast)

Frequently Asked Questions:

The market for Laptop Batteries is expected to reach XX Mn 2026.

The Laptop Batteries market is expected to see significant CAGR growth over the coming years, at 5.7%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Amperex Technology Co., Ltd.,Amstron Corporation,Battery Technology, Inc.,Fujitsu Ltd.,Hewlett-Packard (HP) Company are some of the major players in the global marke

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Published Date:  Feb 2019
Category:  Technology & Media
Report ID:   59583
Report Format:   PDF
Pages:   120
Rating:    4.1 (69)
Delivery Time: 24 Hours to 48 Hours   
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