Mobile Battery market is anticipated to grow at a CAGR of 6.4% during the forecast period (2023-2030). A mobile battery is a device that stores energy in chemical reactions and releases it as electricity. The most common type of battery used in smartphones is the lithium-ion battery. Li-ion batteries dominate today’s rechargeable battery industry. New battery technology breakthrough is happening rapidly. Advanced new batteries are currently being developed, with some already on the market. The latest generation of grid-scale storage batteries have a higher capacity, a higher efficiency, and are longer-lasting. In lithium-ion batteries, the lithium ions are stored in active materials acting as stable host structures during charge and discharge. In lithium-sulfur (Li-S) batteries, there are no host structures. While discharging, the lithium anode is consumed and sulfur is transformed into a variety of chemical compounds; during charging, the reverse process takes place. A Li-S battery uses very light active materials: sulfur in the positive electrode and metallic lithium as the negative electrode. This is why its theoretical energy density is extraordinarily high: four times greater than that of lithium-ion. That makes it a good fit for the aviation and space industries.
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Solid-state batteries represent a paradigm shift in terms of technology. In modern li-ion batteries, ions move from one electrode to another across the liquid electrolyte (also called ionic conductivity). In all-solid state batteries, the liquid electrolyte is replaced by a solid compound which nevertheless allows lithium ions to migrate within it. The first huge advantage is a marked improvement in safety at cell and battery levels: solid electrolytes are non-flammable when heated, unlike their liquid counterparts. Second, it permits the use of innovative, high-voltage high-capacity materials, enabling denser, lighter batteries with better shelf-life as a result of reduced self-discharge.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Mobile Battery Market by Type
- Lithium-ion
- Nickel-based
- Others (Solid-state Batteries, Lithium-Sulphur Batteries)
Global Mobile Battery Market by Application
- Smartphones
- Tablets
- Laptops
- Others (Wearables, Wireless speakers)
Global Mobile Battery Market by Sales Channel
- Online
- Offline
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amperex Technology Ltd.
- Enovix Corp.
- Maxell, Ltd.
- Microvast Holdings, Inc.
- Murata Manufacturing Co., Ltd.
- Northvolt AB
- SIIX Corp.
- Solid Power, Inc.
- Sony Corp.
- Sunwoda Electronic Co., Ltd.
- Tianjin Lishen Battery Joint-Stock Co., Ltd.
- Tianneng Power International Group
- TRU Group Inc.
- VARTA AG
- Zhuhai CosMX Battery Co., Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Mobile Battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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