Allied Market Research published a report, titled, “Battery Case Market by Price Range and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018–2025.” The research states that the global battery case market generated $4.12 billion in 2017, and is expected to garner $8.98 billion by 2025, registering a CAGR of 10.0% during the forecast period, 2018–2025.
Huge dependency on internet for personal & business activities and increase in demand of smartphones drive the growth in the global battery case market. Moreover, exponential rise in demand for wireless accessories supplement the growth in the market. However, issues related to compatibility of battery case restrain the industry growth. On the other hand, rise in need for convenience based on mobility and ease of usage would create lucrative opportunities in the global battery case market.
Mobile phone battery case is a portable device, which is utilized for charging batteries and simultaneously for protection of mobiles. Battery case is incorporated with a lithium-ion battery, which has a carrying capacity from 2,500 mAh to 8,000 mAh. The global battery case market is segmented on the basis of price range, battery capacity, distribution channel, and region. Based on price range, the market is categorized into low, medium, and premium. By distribution channel, it is bifurcated into online and offline. Depending on price range, it is fragmented into premium, mid, and low. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Presently, North America dominates the global battery case market, followed by Europe. In 2017, the U.S. dominated the North America market, whereas the UK led the overall market in Asia-Pacific. However, China currently governs the in Asia-Pacific market.
Key Findings of the Battery Case Market:
- On the basis of the price range, the medium price range segment led the global battery case market in 2017.
- The North American region held the majority share in 2017.
- By distribution channel, the online segment dominated the global market in 2017.
- Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Leading Battery Cases Industry Players
The key players operating in the global battery cases market include Apple, Inc., Samsung, ZAGG Inc., Otterbox, Incipio, EMTEC, ZeroLemon LLC, Alpatronix, Maxboost, and Anker Innovations Ltd. They have adopted various strategies such as mergers & acquisitions, collaborations, partnerships, and others to gain a strong position in the industry.
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