The mobile battery market is expected to grow at an average annual growth rate of 6.5% until 2030

Report Ocean According to a new report published by REPORTOCEAN on February 14, 2022, the mobile battery market is expected to grow at a healthy rate of over 6.5% from 2022 to 2030. The global mobile battery market size in 2021 was US$22.57 billion. The global market size of mobile batteries is expected to reach USD 39.7 billion in 2030, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030. Please request a free sample page before purchasing the report: https://reportocean.com/industry-verticals/sample-request?report_id=BWCC442 Market Overview: Batteries are small containers of chemical energy. When you connect your smartphone to a power source, a chemical reaction starts in your smartphone battery, moving electrons from the negative anode to the positive cathode. During charging, electrons are sent through a circuit (a smartphone in this case) to the negative electrode and remain so until all the electrons contained within the battery have been transferred to the negative electrode or an internal switch disconnects the battery. Most smartphones and electronic devices consist of a metal oxide positive electrode made of cobalt, nickel, manganese, iron, etc., a porous graphite negative electrode that retains lithium ions, and a lithium salt electrolyte. , is composed of a combination of this positive electrode and a graphite negative electrode. Impact Factors on Market Growth: Impact Analysis of COVID-19: In addition to significant changes in user habits due to global shutdowns, manufacturing delays in the smartphone industry are impacting customer demand. Supply and shipping disruptions have crippled China, one of the world's largest manufacturers and exporters of electrical equipment. In addition to supply chain disruptions, customer demand also contributes to the industry's problems. Such factors are adversely affecting the global mobile battery market. Regional Insights: Asia-Pacific accounted for the largest revenue share in the mobile battery market in 2021 and is projected to maintain its position during the forecast period. This is due to the large population and presence of major players in the region. In addition, investment and R&D efforts aimed at improving battery life and mobile phone performance are believed to be driving market growth in the region. Key Competitors: The key players in the global mobile battery market are: Report Scope: The global mobile battery market is segmented with a focus on type, application, sales channel and region. Segmentation by type: Segment by application: Segmentation by sales channel: By region, segmented as follows: Request to see the scope of the report: https://reportocean.com/industry-verticals/sample-request ?report_id=BWCC442 About Us: We are the best market research report provider in the industry. Report Ocean believes in providing quality reports to clients to achieve top-line and bottom-line goals of increasing market share in today's competitive environment. Report Ocean is a "one stop solution" for individuals, organizations and industries looking for innovative market research reports.

This press release contains information for members of the media.

If you register as a media user, you can view various special information such as contact information for company representatives and information on events and press conferences. *The content varies depending on the press release.