Global Cordless Phone Battery Market growing at a CAGR of 8.8% from 2023 to 2030
Category : Semiconductor And Electronics | Published Date : Aug 2023 | Type : Press Release
Key Market Overview
The cordless phone battery market is poised for strong expansion and is expected to reach USD 54.14 Billion by 2030. The market was sized at USD 27.93 Billion in 2022 and is projected to grow at a compound annual growth rate of 8.8% during the period 2023-2030.
The report highlights the increasing adoption of cordless phone battery owing to Increasing requirement for long lasting and technologically advanced battery is driving the market growth. Consegic Business Intelligence provides an inclusive research report on the Cordless Phone Battery market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Cordless Phone Battery Market By Overview
Consegic Business Intelligence provided an inclusive research report on the cordless phone battery market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. Increasing adoption of wireless technology among communication devices is driving the market growth of cordless phone market.
Get Free SampleMarket Dynamics
Driver:
- Increasing requirement for long lasting and technologically advanced battery is driving the market growth
- Rising adoption of wireless technology among communication devices is driving the market growth of cordless phone market
Restraints:
- Limited life span of battery pack is restraining the market growth
- Ecological concerns associated with the disposal of battery
Market Segmentation:
| Report Attributes | Report Details |
| By Capacity | 300-600mAh, 600-1200mAh, 1200mAh-1800mAH, and More than 1800mAh |
| By Type | Nickel Metal Hydride (NiMH), Nickel Cadmium (NiCad), and Lithium ion (Li-ion) |
| By Application | Residential and Commercial |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The landscape for Cordless Phone Battery market is highly competitive with major players including Panasonic Corp., Samsung SDI Co. Ltd., E-One Moli Energy Corp., Ultralife Corp., and others that have a strong market position in current market circumstances. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in the cordless phone battery market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.
- Panasonic Corp.
- Samsung SDI Co. Ltd.
- E-One Moli Energy Corp.
- Ultralife Corp.
- Shenzhen Highpower Technology Co., Ltd.
- GS Yuasa Battery Europe Ltd.
- GP Batteries International Ltd.
- Duracell Inc.
- FDK Corp.
- Artek Energy
- Energizer Holdings Inc.
