The overall laptop battery market worldwide is set to grow with a CAGR of 5.7% during the forecast period.

SANJOSE, United States - March 8, 2019 /MarketersMedia/ —

According to a new market research report published by Credence Research "Laptop Battery Market (Number of Cells 3, 4, 6, 8, 9 and 12 ; Source Original Equipment Manufacturers (OEM) and Aftermarket ; Sales Channel Retail Stores and Online Retail) Growth, Future Prospects and Competitive Analysis, 2018 2026," the global laptop battery market worldwide is set to grow with a CAGR of 5.7%.

Market Insights
Despite the growing popularity of tablets and iPads, demand for laptops (in terms of unit shipment) has been significantly higher than the former. Laptops offer a wide range of functions, connectivity, and accessories, making them the preferred choice for both business and personal work. With consistent demand for laptop PCs worldwide, the market for laptop battery can be seen steadily growing. Over the period, laptop manufacturers have come up with numerous product enhancements including convertible 2-in-1 laptops. Such product innovation has ensured a higher demand for laptops compared to tablets. As a result, demand for laptop battery would continue to rise throughout the forecast period.

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Browse the full report at https://www.credenceresearch.com/report/laptop-batteries-market

Positive growth in laptop PC sales since the year 2016 is the most prominent factor driving the laptop battery market growth. Laptop sales continued to fall from the year 2012 to 2015. This significantly affected battery sales generated from new laptops. Nevertheless, with consistent anticipated new laptop PC sales, the market would exhibit positive growth in the years to come. Apart from new sales, market growth is also driven by replacement demand. Laptop battery typically has 2 years of lifespan, making replacement cycle quite frequent. Subsequently, laptop battery market is set to continue exhibiting steady growth during the forecast period.

Based on the sales source, the laptop battery market is dominated by the replacement battery segment. Laptop battery has a limited lifespan that requires replacement every 2-3 years. The segment would then continue to dominate the market throughout the forecast period. Based on geography, Asia Pacific leads the global laptop battery market worldwide, contributing to more than 1/3 of the global market size. China is the world's largest market for desktop PCs, laptop PCs, and tablets. Unit shipment of laptops in China has been significantly higher than in the U.S. since the last 5-6 years. Further, India is set to register the fastest growth in the market considering the rapidly growing consumer electronics market.

Some of the major companies profiled in the report include Amperex Technology Co., Ltd., Amstron 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.

Browse the full report at https://www.credenceresearch.com/report/laptop-batteries-market

ToC:
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Revival of the Laptop Sales Worldwide
3.2.1.2 Continued Enhancement in Laptop Designs
3.2.2 Market Restraint
3.2.2.1 Prominent Threat from Tablets and Smartphones affecting Laptops Industry
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Laptop Battery Vendors, 2017

Chapter 4 Global Laptop Battery Market, by Number of Cells
4.1 Overview
4.1.1 Global Laptop Battery Market Value Share, by Number of Cells, 2017 & 2026 (Value, %)
4.2 3 Cell Battery
4.2.1 Global 3 Cell Battery Market Value, 2016 2026 (US$ Mn)
4.3 4 Cell Battery
4.3.1 Global 4 Cell Battery Market Value, 2016 2026 (US$ Mn)
4.4 6 Cell Battery
4.4.1 Global 6 Cell Battery Market Value, 2016 2026 (US$ Mn)
4.5 8 Cell Battery
4.5.1 Global 8 Cell Battery Market Value, 2016 2026 (US$ Mn)
4.6 9 Cell Battery
4.6.1 Global 9 Cell Battery Market Value, 2016 2026 (US$ Mn)
4.7 12 Cell Battery
4.7.1 Global 12 Cell Battery Market Value, 2016 2026 (US$ Mn)

Chapter 5 Global Laptop Battery Market, by Source
5.1 Overview
5.2 Original Equipment Manufacturers (OEMs)
5.3 Aftermarket

Chapter 6 Global Laptop Battery Market, by Sales Channel
6.1 Overview
6.2 Retail Stores
6.3 Online Retail

Browse the full report at https://www.credenceresearch.com/report/laptop-batteries-market

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