DUBLIN--(BUSINESS WIRE)--The "Global Consumer Battery Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Over the past few years, with technological advantages, the price of smart gadgets has witnessed a significant reduction of prices, making them more accessible to the public. Consequently, it has significantly increased the demand for consumer batteries and is expected to witness significant growth in demand, during the forecast period of 2018-2023.
Since the global financial crisis of 2008, strengthening of economies of major nations across the globe has resulted in increased disposable income among households. Furthermore, during the same period, the price tag associated with consumer electronics, such as smartphones and tablets, has witnessed a significant reduction, thus driving an increased purchase of smartphones and tablets.
The costs of lithium-ion batteries have fallen drastically, from approximately USD 1000 per kWh in 2010 to USD 273 in 2016, and are expected to decrease further. The India lithium-ion battery market is expected to register a robust CAGR of 29.26% during the forecast period, amid increased uptake of electric vehicles, energy storage, and renewables-based initiatives.
Over the long term, the Brazilian economic outlook is expected to get better, with increased urbanization and positive GDP growth rate, thus resulting in a significant increase of domestic disposable income per household. The country has emerged from a recession in 2015. The country's GDP growth rate was -3.5%.
- Panasonic Corporation
- BYD Company Limited
- LG Chem Ltd
- PolyPlus SAmsung SDI Co. Ltd
- Toshiba Corporation
- Duracell Inc.
- Battery Technologies Inc.
- Johnson Controls International PLC
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/4hzdsk/global_consumer?w=4