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Global Batteries Market For Smart Wearables | Growth Momentum to Decelerate at 9% CAGR During 2020-2024 | Technavio

December 16, 2020 GMT

LONDON--(BUSINESS WIRE)--Dec 16, 2020--

The batteries market for smart wearables is expected to grow by USD 104.72 mn. However, the growth momentum is expected to decelerate at a CAGR of over 9% during the forecast period.

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Technavio has announced its latest market research report titled Global Batteries Market for Smart Wearables 2020-2024 (Graphic: Business Wire)

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Raising capital for product development via crowdfunding campaigns is one of the major factors propelling the market growth. However, factors such as low battery life will hamper growth.

More details: https://www.technavio.com/report/batteries-market-for-smart-wearables-industry-analysis

Batteries Market For Smart Wearables: Product Landscape

Based on the product, the li-ion battery segment led the market in 2019. The growth of the segment is driven by the rising demand for electronic devices such as smartphones, smart wearables, laptops, and tablets. The market growth in the segment will be significant over the forecast period.

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Batteries Market For Smart Wearables: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 46% of the market’s overall growth is expected to originate from APAC. The market growth in the region will be driven by the increasing adoption of smartphones and wearable devices. China and Japan are the key markets for the batteries market for smart wearables in APAC.

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Related Reports on Utilities Include:

Global Power Tool Batteries Market - Global power tool batteries market segmentation by type (li-ion battery and nickel battery) and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Global Thin-film Batteries Market - Global thin-film batteries market segmentation by geography (APAC, Europe, MEA, North America, and South America) and end-users (smart cards, medical devices, smart wearables, and others). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • Cymbet Corp.
  • Enfucell Flexible Electronics Ltd.
  • GMB Co. Ltd.
  • Guang Zhou Fullriver Battery New Technology Co. Ltd.
  • Jenax Inc.
  • LG Chem Ltd.
  • LiPol Battery Co. Ltd.
  • Panasonic Corp.
  • Samsung SDI Co. Ltd.
  • TDK Corp.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Li-ion battery - Market size and forecast 2019-2024
  • Li-Po battery - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Smartwatch
  • Smart band
  • Smart clothing
  • Other applications

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Cymbet Corp.
  • Enfucell Flexible Electronics Ltd.
  • GMB Co. Ltd.
  • Guang Zhou Fullriver Battery New Technology Co. Ltd.
  • Jenax Inc.
  • LG Chem Ltd.
  • LiPol Battery Co. Ltd.
  • Panasonic Corp.
  • Samsung SDI Co. Ltd.
  • TDK Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201215006060/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 12/16/2020 12:00 AM/DISC: 12/16/2020 12:00 AM

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