Laptop Battery Market
Laptop Battery Market Forecasts to 2030 - Global Analysis By Battery Type (Lithium-Ion (Li-Ion) Batteries, Nickel-Metal Hydride (NiMH) Batteries, Nickel-Cadmium (NiCd) Batteries and Other Battery Types), Laptop Type, Number of Cells, Sales Channel, Distribution Channel, Technology and By Geography
According to Stratistics MRC, the Global Laptop Battery Market is accounted for $8.0 billion in 2024 and is expected to reach $7.8 billion by 2030 growing at a CAGR of 6.7% during the forecast period. A laptop battery is a rechargeable power source that provides energy to operate a laptop when it's not connected to an external power supply. They offer efficient power storage and a longer lifespan. Laptop batteries are designed to last several hours depending on usage, device configuration, and battery capacity. They can be recharged multiple times and are critical for ensuring portability and uninterrupted use of laptops.
According to Statista, it is projected that between 2022 and 2030, the global demand for lithium-ion batteries will increase almost sevenfold, reaching 4.7 terawatt-hours in 2030.
Market Dynamics:
Driver:
Increasing demand for laptops
The increasing demand for laptops is a key driver for the laptop battery market. The proliferation of remote work, online education, and digital entertainment has led to a surge in laptop sales globally. This trend is fueled by the need for portable computing devices that offer longer battery life and improved performance. As more consumers and businesses rely on laptops for various tasks, the demand for high-quality, long-lasting batteries continues to grow, driving innovation and market expansion.
Restraint:
High cost of advanced batteries
As manufacturers strive to develop batteries with higher energy density, longer lifespan, and faster charging capabilities, the production costs increase. These advanced batteries, often utilizing cutting-edge materials and technologies, come with a premium price tag. The higher costs can limit market growth by making laptops with advanced batteries less accessible to budget-conscious consumers and potentially slowing down the adoption of new battery technologies across the industry.
Opportunity:
Advancements in wireless charging technology
Advancements in wireless charging technology present a significant opportunity for the laptop battery market. As wireless charging becomes more efficient and widespread, it opens up new possibilities for laptop battery design and usage. The integration of wireless charging capabilities in laptops can enhance user convenience, reduce the need for traditional charging ports, and potentially extend battery life. This technology could revolutionize how laptops are charged, leading to new product offerings and market segments within the laptop battery industry.
Threat:
Shortages in key raw materials
The production of high-performance batteries relies on specific materials such as lithium, cobalt, and nickel. Global supply chain disruptions, geopolitical tensions, and increasing demand across various industries can lead to shortages and price volatility of these crucial materials. These shortages can potentially impact battery production, increase manufacturing costs, and ultimately affect the availability and pricing of laptop batteries, potentially slowing market growth.
Covid-19 Impact:
The COVID-19 pandemic initially disrupted the laptop battery market due to supply chain issues and manufacturing slowdowns. However, it subsequently drove increased demand for laptops as remote work and online education became widespread. This surge in laptop sales boosted the battery market, accelerating innovation in long-lasting and efficient battery technologies. The pandemic highlighted the importance of reliable portable computing devices, ultimately contributing to long-term growth in the laptop battery market.
The lithium-ion (Li-Ion) batteries segment is expected to be the largest during the forecast period
Over the forecasted timeframe, the lithium-ion (Li-Ion) batteries segment is anticipated to dominate the market share. Li-ion batteries offer superior energy density, a longer lifespan, and faster charging capabilities compared to other battery types. These characteristics make them ideal for modern laptops that require high performance and extended battery life. The growing demand for thinner, lighter laptops with longer battery life is driving the adoption of Li-Ion batteries. Additionally, ongoing research and development in Li-Ion technology are further enhancing their performance, solidifying their position as the preferred choice for laptop manufacturers.
The gaming laptops segment is expected to have the highest CAGR during the forecast period
During the projection period, the gaming laptops segment is expected to grow at the highest CAGR. The rising popularity of e-sports and mobile gaming is fueling demand for high-performance gaming laptops. These devices require powerful batteries to support advanced graphics, processing capabilities, and extended gaming sessions. The gaming laptop segment's growth is driven by continuous innovations in battery technology to meet the demanding power requirements of gaming hardware. Additionally, the increasing disposable income of gamers and the growing gaming industry contribute to the rapid expansion of this segment.
Region with largest share:
During the estimation period, the North America region is expected to capture the largest market share. This dominance is attributed to the region's high adoption rate of advanced technologies, strong presence of major laptop manufacturers, and significant consumer spending on electronic devices. The demand for high-performance laptops in various sectors, including business, education, and gaming, contributes to the robust growth of the laptop battery market in North America. Additionally, the region's focus on research and development in battery technologies further solidifies its leading position in the global market.
Region with highest CAGR:
The Asia Pacific region is projected to achieve the highest CAGR during the forecast period. This rapid growth is driven by the increasing adoption of laptops in emerging economies, rising disposable incomes, and the expansion of the IT and gaming industries in countries like China, India, and South Korea. The region's strong manufacturing capabilities, particularly in battery production, contribute to its high growth rate. Furthermore, government initiatives promoting digital literacy and the growing trend of remote work and online education in the region are expected to fuel the demand for laptops and, consequently, laptop batteries.
Key players in the market
Some of the key players in Laptop Battery Market include LG Chem Ltd., Samsung SDI Co., Ltd., Panasonic Corporation, Sony Corporation, BYD Company Limited, A123 Systems LLC, Toshiba Corporation, Duracell Inc., EVE Energy Co., Ltd., Amperex Technology Limited, Maxell Holdings, Ltd., Energizer Holdings, Inc., Celgard LLC, VARTA AG, Envision AESC, Zhangzhou Yuanfeng Power Technology Co., Ltd., and Hithium.
Key Developments:
In September 2024, Samsung SDI introduced new battery solutions for energy storage systems at the Renewable Energy Plus 2024 exhibition, including the Battery Box 1.5 with enhanced safety features.
In March 2024, Panasonic Group formed a joint venture with Indian Oil Corporation Ltd. (IOCL), the nation's biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co., Ltd., a group firm of Japan-based multinational electronics companies, has signed a binding term sheet and initiated discussions with IOCL ""to draw a framework for the formation of a joint venture"" to manufacture cylindrical lithium-ion batteries, said in a statement.
In September 2023, LG Chem is partnered with China's Huayou Cobalt to build battery material plants in Indonesia and Morocco. The Morocco plant will produce lithium iron phosphate (LFP) cathode materials starting in 2026, aimed at the North American EV market.
Battery Types Covered:
• Lithium-Ion (Li-Ion) Batteries
• Nickel-Metal Hydride (NiMH) Batteries
• Nickel-Cadmium (NiCd) Batteries
• Other Battery Types
Laptop Types Covered:
• Ultrabooks
• Notebooks
• Gaming Laptops
• Workstations
• Convertible Laptops
Number of Cells Covered:
• 3 Cell
• 4 Cell
• 6 Cell
• 8 Cell
• 9 Cell
• 10 Cell
• 12 Cell
• Above 10 Cells
Sales Channels Covered:
• Original Equipment Manufacturers (OEMs)
• Aftermarket
Distribution Channels Covered:
• Retail Stores
• Online Stores
Technologies Covered:
• Traditional Batteries
• Smart Batteries
• Fast Charging Batteries
• Long-Life Batteries
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Laptop Battery Market, By Battery Type
5.1 Introduction
5.2 Lithium-Ion (Li-Ion) Batteries
5.3 Nickel-Metal Hydride (NiMH) Batteries
5.4 Nickel-Cadmium (NiCd) Batteries
5.5 Other Battery Types
6 Global Laptop Battery Market, By Laptop Type
6.1 Introduction
6.2 Ultrabooks
6.3 Notebooks
6.4 Gaming Laptops
6.5 Workstations
6.6 Convertible Laptops
7 Global Laptop Battery Market, By Number of Cells
7.1 Introduction
7.2 3 Cell
7.3 4 Cell
7.4 6 Cell
7.5 8 Cell
7.6 9 Cell
7.7 10 Cell
7.8 12 Cell
7.9 Above 10 Cells
8 Global Laptop Battery Market, By Sales Channel
8.1 Introduction
8.2 Original Equipment Manufacturers (OEMs)
8.3 Aftermarket
9 Global Laptop Battery Market, By Distribution Channel
9.1 Introduction
9.2 Retail Stores
9.3 Online Stores
10 Global Laptop Battery Market, By Technology
10.1 Introduction
10.2 Traditional Batteries
10.3 Smart Batteries
10.4 Fast Charging Batteries
10.5 Long-Life Batteries
11 Global Laptop Battery Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 LG Chem Ltd.
13.2 Samsung SDI Co., Ltd.
13.3 Panasonic Corporation
13.4 Sony Corporation
13.5 BYD Company Limited
13.6 A123 Systems LLC
13.7 Toshiba Corporation
13.8 Duracell Inc.
13.9 EVE Energy Co., Ltd.
13.10 Amperex Technology Limited
13.11 Maxell Holdings, Ltd.
13.12 Energizer Holdings, Inc.
13.13 Celgard LLC
13.14 VARTA AG
13.15 Envision AESC
13.16 Zhangzhou Yuanfeng Power Technology Co., Ltd.
13.17 Hithium
List of Tables
1 Global Laptop Battery Market Outlook, By Region (2022-2030) ($MN)
2 Global Laptop Battery Market Outlook, By Battery Type (2022-2030) ($MN)
3 Global Laptop Battery Market Outlook, By Lithium-Ion (Li-Ion) Batteries (2022-2030) ($MN)
4 Global Laptop Battery Market Outlook, By Nickel-Metal Hydride (NiMH) Batteries (2022-2030) ($MN)
5 Global Laptop Battery Market Outlook, By Nickel-Cadmium (NiCd) Batteries (2022-2030) ($MN)
6 Global Laptop Battery Market Outlook, By Other Battery Types (2022-2030) ($MN)
7 Global Laptop Battery Market Outlook, By Laptop Type (2022-2030) ($MN)
8 Global Laptop Battery Market Outlook, By Ultrabooks (2022-2030) ($MN)
9 Global Laptop Battery Market Outlook, By Notebooks (2022-2030) ($MN)
10 Global Laptop Battery Market Outlook, By Gaming Laptops (2022-2030) ($MN)
11 Global Laptop Battery Market Outlook, By Workstations (2022-2030) ($MN)
12 Global Laptop Battery Market Outlook, By Convertible Laptops (2022-2030) ($MN)
13 Global Laptop Battery Market Outlook, By Number of Cells (2022-2030) ($MN)
14 Global Laptop Battery Market Outlook, By 3 Cell (2022-2030) ($MN)
15 Global Laptop Battery Market Outlook, By 4 Cell (2022-2030) ($MN)
16 Global Laptop Battery Market Outlook, By 6 Cell (2022-2030) ($MN)
17 Global Laptop Battery Market Outlook, By 8 Cell (2022-2030) ($MN)
18 Global Laptop Battery Market Outlook, By 9 Cell (2022-2030) ($MN)
19 Global Laptop Battery Market Outlook, By 10 Cell (2022-2030) ($MN)
20 Global Laptop Battery Market Outlook, By 12 Cell (2022-2030) ($MN)
21 Global Laptop Battery Market Outlook, By Above 10 Cells (2022-2030) ($MN)
22 Global Laptop Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
23 Global Laptop Battery Market Outlook, By Original Equipment Manufacturers (OEMs) (2022-2030) ($MN)
24 Global Laptop Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
25 Global Laptop Battery Market Outlook, By Distribution Channel (2022-2030) ($MN)
26 Global Laptop Battery Market Outlook, By Retail Stores (2022-2030) ($MN)
27 Global Laptop Battery Market Outlook, By Online Stores (2022-2030) ($MN)
28 Global Laptop Battery Market Outlook, By Technology (2022-2030) ($MN)
29 Global Laptop Battery Market Outlook, By Traditional Batteries (2022-2030) ($MN)
30 Global Laptop Battery Market Outlook, By Smart Batteries (2022-2030) ($MN)
31 Global Laptop Battery Market Outlook, By Fast Charging Batteries (2022-2030) ($MN)
32 Global Laptop Battery Market Outlook, By Long-Life Batteries (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
