Professional Portable Battery Aftermarket Market

Global Market Study on Professional Portable Battery Aftermarket: Increasing Usage of Portable Electronic Devices and Miniaturization Trend to Drive Growth

ID: PMRREP25828
Calendar

December 2018

389 Pages

Author : Sayali Mali

PreviewSegmentation

Global Professional Portable Battery Aftermarket Report Overview

Professional portable batteries, also known as portable batteries, are energy storage cells that are used for power transmission. A professional portable battery is used in electrical and electronic devices for the supply of energy/power. In our research scope, we have considered primary as well as secondary professional portable batteries, including AA type, AAA type, C type, D type, Microcells and 9V batteries. Batteries used in smart phones, laptops and battery packs have not been considered.

In this professional portable battery aftermarket report, we have considered portable batteries that are used in healthcare, residential, commercial, government, industrial and automotive applications. We have used bottom up approach to crunch the aftermarket size for different applications in the professional portable battery aftermarket.

The residential, commercial & government segment is expected to prevail in terms of both volume and value share. It is also projected to be a high volume segment with a high growth rate. Along with healthy growth and outstanding sales volume, the residential commercial & government segment is emerging to be profitable for key manufacturers & suppliers in the professional portable battery aftermarket.

Factors Impacting the Professional Portable Battery Aftermarket Growth

Wireless and portable devices are preferred over wired devices and thus, manufacturers are trying to reduce the production cost of their products to increase their sales as well as presence in the market. This factor will indirectly affect the aftermarket sales of professional portable batteries. With advancements in technology, companies are offering advanced wireless electronic solutions in developed countries. Many entry-level small and large scale players in the security solution market are offering products at competitive prices. This particular factor will enable customers to opt for updated security solutions, a trend that will affirmatively impact the growth of the professional portable batteries aftermarket.

Regulations employed by government bodies that mandate the use of fire safety equipment to assess hazards in residential and non-residential areas are also expected to drive the growth of the battery operated smoke detector market, which in turn will positively affect the professional portable battery aftermarket.

Increasing adoption of battery operated smoke detectors in commercial and industrial applications as a cost-effective solution for providing safety is also expected to contribute to the growth of the professional portable battery aftermarket. Moreover, attributing to the increasing number of accidents, fatalities and injuries in mining, construction, oil and gas and chemical industries, the adoption of battery operated smoke detectors has become a critical requirement.

Among the restraining factors for the professional portable battery aftermarket are the rules and regulations being implemented by governments to save water. These regulations are expected to surge the demand for substitute products such as paper and toiletry. While water covers 70% of the earth’s surface, only 3% of earth’s water is fresh water, two-thirds of which is in the form of frozen glaciers and thus, not available for use. Also, the European policy that restricts the number of houses a person can own limits the number of bathrooms per house, which in turn limits the sale of battery-powered bath accessories. These factors are expected to hamper the growth of the professional portable battery aftermarket.

Key Developments in the Professional Portable Battery Aftermarket

In the professional portable battery aftermarket, manufacturers such as Energizer Holding Inc., Varta AG, Duracell Inc. and Panasonic are some of the prominent players. Some recent developments of key manufactures are:

  • In January 2018, Energizer Holdings Inc. signed an agreement with Spectrum Brands to acquire the latter’s global battery and portable lighting business for US$ 2.0 Bn
  • In March 2018, Panasonic Corporation, a global manufacturer of consumer electronics, initiated the mass production of automotive lithium-ion batteries at its factory in Dalian, China
  • In June 2018, Duracell Inc., a manufacturer of alkaline batteries and specialty cells, announced a partnership with DMCC, a leading trade and enterprise hub for commodities to mark the World Environment Day. This partnership will encourage employees to recycle used batteries

Moreover, all the key market participants in the global professional portable battery aftermarket are considerably investing towards the introduction of new, lightweight and eco-friendly products

Professional Portable Battery Aftermarket Structure

The professional portable battery aftermarket is a consolidated market as organized players hold dominant shares and leading players have strong presence globally. Unorganized/Tier-2&3 players are estimated to hold approx. 31% to 36% share in the global aftermarket and are also expected to generate approximately US$ 1,000 Mn in terms of value in the professional portable battery aftermarket.

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Introduction of the Research Methodology Engaged for the Global Professional Portable Battery Aftermarket Report

Our research methodology for the professional portable battery aftermarket is based on some key points, such as,

  • Defining key objectives pertaining to the aftermarket during the course of research
  • Clearly defining the research scope as well as collecting and analyzing the data from secondary and primary research
  • Interpreting the gathered Information
  • Using triangulation method, validating the data and market size
  • Developing the final research plan

Key Questions Answered in the Report

  • What is the historic (2013-2017) scenario of the professional portable battery aftermarket?
  • Which type of batteries are dominate the aftermarket?
  • What are the main factors that influence the aftermarket?
  • What are the key trends and development in the professional portable battery aftermarket?
  • What are some of the principal forecast and macroeconomic factors that affect the growth of the aftermarket?
  • How competitive is the aftermarket and market share analysis of the top players?
  • What are the important key challenges, opportunities and improvement factors for aftermarket players?
  • How are key player expected to drive the market in the next 5 to 8 years?

Key Players Dominating the Professional Portable Battery Aftermarket

Some of the key market participants reported in this study of the global professional portable battery aftermarket are Panasonic Corporation, Energizer Holding Inc., Varta AG, Maxell, Ltd., Murata Manufacturing Co., Ltd., Suzhou South Large Battery Co., Ltd., BE-POWER GmbH, Duracell Inc, EVE Energy Co., Ltd., Shenzhen Pkcell Battery Co., Ltd., The Swatch Group (Renata SA) and Guangzhou MaiSheng Energy Technology Co., Ltd., among others.

Market Segement

Attribute Details

Battery Type

  • Alkaline Battery
  • Lithium Ion Battery
  • Nickel Based & Others Battery

Application

  • Healthcare
    • Surgical Devices
    • Weight Measuring Devices
    • Vitals
      • Body Temperature
      • Pulse Monitoring
      • Respiration Monitoring
    • Blood pressure Monitoring
    • Glucose Meters
  • Hospitality
    • Entertainment Devices
    • Room Monitoring Devices
    • Safety & Security Devices
    • Remote Controls
    • Bath Accessories
  • Residential Commercial & Government
    • Safety & Security Devices
    • Hygienic Devices
    • Bath Accessories
    • Entertainment Devices
    • IT & Supply Chain Management
  • Industrial Equipment & Automation
    • Safety & Security
    • GPS Location IT & Supply Chain Management
    • Temperature Devices
    • RFID & Other Tags
  • Automotive & Transportation
    • Smart Keys
    • TPMS
    • Other Battery Operated Sensors

Distribution Channel

  • Online
  • Offline

End Users

  • D-i-Y (Do it Yourself)
  • Service Providers

Companies Covered in Professional Portable Battery Aftermarket Market

  • Energizer Holding Inc.
  • Varta AG
  • Toshiba Corporation
  • Murata Manufacturing Co., Ltd.
  • Panasonic Corporation
  • The Swatch Group
  • BE Power GmbH
  • Maxell Holding, Ltd.
  • Duracell Inc.
  • EVE Energy Co., Ltd.
  • Guangzhou MaiSheng Energy Technology Co., Ltd.
  • Suzhou South Large Battery Co., Ltd.
  • Shenzhen Pkcell Battery Co., Ltd.
  • Others.

Related Reports

1. Executive Summary

    1.1. Market Overview

    1.2. Market Analysis

    1.3. PMR Analysis and Recommendations

    1.4. Wheel of Fortune

    1.5. Product Life Cycle Analysis

2. Aftermarket Introduction

    2.1. Market Taxonomy

    2.2. Market Definition

3. Aftermarket Background

    3.1. Porter’s Analysis

    3.2. Macro-Economic Factors

    3.3. Forecast Factors: Relevance and Impact

    3.4. Value Chain Analysis

4. Aftermarket Dynamics

    4.1. Drivers

    4.2. Restraints

    4.3. Opportunities

    4.4. Trends

5. Aftermarket Forecast

6. Global Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026, By Battery Type

    6.1. Introduction

    6.2. Historical Market Size (US$ Mn) and Volume Analysis By Battery Type (2013-2017)

    6.3. Market Size (US$ Mn) and Volume Forecast By Battery Type (2018-2026)

        6.3.1. Alkaline Battery

        6.3.2. Lithium Ion Battery

        6.3.3. Nickel Based & Other Battery

    6.4. Market Attractiveness Analysis By Battery Type

7. Global Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026, By Application

    7.1. Introduction

    7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application (2013-2017)

    7.3. Market Size (US$ Mn) and Volume Forecast By Application (2018-2026)

        7.3.1. Healthcare

            7.3.1.1. Surgical Devices

            7.3.1.2. Weight Measuring & Fitness Devices

            7.3.1.3. Vitals

                7.3.1.3.1. Body Temperature

                7.3.1.3.2. Pulse & Respiration Monitoring

                7.3.1.3.3. Blood Pressure Monitoring

            7.3.1.4. Glucose Meter

        7.3.2. Hospitality

            7.3.2.1. Entertainment Devices

            7.3.2.2. Room Monitoring Devices

            7.3.2.3. Safety & Security Devices

            7.3.2.4. Remote Controls

            7.3.2.5. Bath Accessories

        7.3.3. Residential Commercial & Government

            7.3.3.1. Safety & Security Devices

            7.3.3.2. Hygienic Devices

            7.3.3.3. Beauty Care Products

            7.3.3.4. Bath Accessories

            7.3.3.5. Entertainment Devices

            7.3.3.6. IT & Supply Chain management

        7.3.4. Industrial Equipment & Automation

            7.3.4.1. afety & Security Devices

            7.3.4.2. PS Location Devices

            7.3.4.3. T & Supply Chain management

            7.3.4.4. emperature Devices

            7.3.4.5. FID & Other Tags

        7.3.5. Automotive & transportation

            7.3.5.1. Smart Keys

            7.3.5.2. TPMS

            7.3.5.3. Other Battery Operated Sensors

    7.4. Market Attractiveness Analysis By Application

8. Global Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026, By Distribution Channel

    8.1. Introduction

    8.2. Historical Market Size (US$ Mn) and Volume Analysis By Distribution Channel (2013-2017)

    8.3. Market Size (US$ Mn) and Volume Forecast By Distribution Channel (2018-2026)

        8.3.1. Online

        8.3.2. Offline

9. Global Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026, By End User

    9.1. Introduction

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By End User (2013-2017)

    9.3. Market Size (US$ Mn) and Volume Forecast By End User (2018-2026)

        9.3.1. DiY (DO it Yourself)

        9.3.2. Service Providers

    9.4. Market Attractiveness Analysis By End User

10. Global Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026, By Region

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2013 – 2017

    10.3. Market Size (US$ Mn) and Volume Forecast By Country, 2018–2026

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. South East Asia & Pacific

        10.3.5. China

        10.3.6. Middle East & Africa

    10.4.Market Attractiveness Analysis By Country

11. North America Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026

    11.1. Introduction

    11.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Aftermarket Segments (2013-2017)

    11.3. Aftermarket Size (US$ Mn) and Volume Forecast By Aftermarket Segments (2018-2026)

        11.3.1. By Country

            11.3.1.1. U.S.

            11.3.1.2. Canada

        11.3.2. By Battery Type

        11.3.3. By Application

        11.3.4. By Distributional Channel

        11.3.5. By End User

    11.5. Drivers and Restraints: Impact Analysis

    11.6. Aftermarket Attractiveness Analysis

        11.6.1. By Country

        11.6.2. By Battery Type

        11.6.3. By Application

        11.6.4. By Distributional Channel

        11.6.5. By End User

12. Latin America Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026

    12.1. Introduction

    12.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Aftermarket Segments (2013-2017)

    12.3. Aftermarket Size (US$ Mn) and Volume Forecast By Aftermarket Segments (2018-2026)

        12.3.1. By Country

            12.3.1.1. Brazil

            12.3.1.2. Mexico

            12.3.1.3. Rest of Latin America

        12.3.2. By Battery Type

        12.3.3. By Application

        12.3.4. By Distributional Channel

        12.3.5. By End User

    12.4. Drivers and Restraints: Impact Analysis

    12.5. Aftermarket Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Battery Type

        12.5.3. By Application

        12.5.4. By Distributional Channel

        12.5.5. By End User

13. Europe Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026

    13.1. Introduction

    13.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Aftermarket Segments (2013-2017)

    13.3. Aftermarket Size (US$ Mn) and Volume Forecast By Aftermarket Segments (2018-2026)

        13.3.1. By Country

            13.3.1.1. Germany

            13.3.1.2. Italy

            13.3.1.3. France

            13.3.1.4. U.K.

            13.3.1.5. Spain

            13.3.1.6. Nordic

            13.3.1.7. BENELUX

            13.3.1.8. Russia

            13.3.1.9. Rest of Europe

        13.3.2. By Battery Type

        13.3.3. By Application

        13.3.4. By Distributional Channel

        13.3.5. By End User

    13.4. Drivers and Restraints: Impact Analysis

    13.5. Aftermarket Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Battery Type

        13.5.3. By Application

        13.5.4. By Distributional Channel

        13.5.5. By End User

14. SEA & Pacific Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026

    14.1. Introduction

    14.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Aftermarket Segments (2013-2017)

    14.3. Aftermarket Size (US$ Mn) and Volume Forecast By Aftermarket Segments (2018-2026)

        14.3.1. By Country

            14.3.1.1. India

            14.3.1.2. ASEAN

            14.3.1.3. Japan

            14.3.1.4. Rest of SEA & Pacific

        14.3.2. By Battery Type

        14.3.3. By Application

        14.3.4. By Distributional Channel

        14.3.5. By End User

    14.4. Drivers and Restraints: Impact Analysis

    14.5. Aftermarket Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Battery Type

        14.5.3. By Application

        14.5.4. By Distributional Channel

        14.5.5. By End User

15. China Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026

    15.1. Introduction

    15.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis By Aftermarket Segments (2013-2017)

    15.3. Aftermarket Size (US$ Mn) and Volume Forecast By Aftermarket Segments (2018-2026)

        15.3.1. By Battery Type

        15.3.2. By Application

        15.3.3. By Distributional Channel

        15.3.4. By End User

    15.4. Drivers and Restraints: Impact Analysis

    15.5. Aftermarket Attractiveness Analysis

        15.5.1. By Battery Type

        15.5.2. By Application

        15.5.3. By Distributional Channel

        15.5.4. By End User

16. Middle East & Africa Professional Portable Battery Aftermarket Analysis 2013–2017 and Forecast 2018–2026

    16.1. Introduction

    16.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Aftermarket Segments (2013-2017)

    16.3. Aftermarket Size (US$ Mn) and Volume Forecast By Aftermarket Segments (2018-2026)

        16.3.1. By Country

            16.3.1.1. Turkey

            16.3.1.2. South Africa

            16.3.1.3. Rest of MEA

        16.3.2. By Battery Type

        16.3.3. By Application

        16.3.4. By Distributional Channel

        16.3.5. By End User

    16.4. Drivers and Restraints: Impact Analysis

    16.5. Aftermarket Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Battery Type

        16.5.3. By Application

        16.5.4. By Distributional Channel

        16.5.5. By End User

17. Professional Portable Battery Aftermarket Industry Structure

    17.1. Market Share Analysis of Top Players

    17.2. Market Presence Analysis

18. Competition Landscape (Manufactures/Suppliers)

    18.1. Product Channel Market Strategy Analysis

    18.2. Competitive Benchmarking

    18.3. Competition Developments Analysis

    18.4. Competition Dashboard

    18.5. Competition Deep dive

        18.5.1. Energizer Holding Inc.

        18.5.2. Varta AG

        18.5.3. Toshiba Corporation

        18.5.4. Murata Manufacturing Co., Ltd.

        18.5.5. Panasonic Corporation

        18.5.6. The Swatch Group

        18.5.7. BE Power GmbH

        18.5.8. Maxell Holding, Ltd.

        18.5.9. Duracell Inc.

        18.5.10. EVE Energy Co., Ltd.

        18.5.11. Guangzhou MaiSheng Energy Technology Co., Ltd.

        18.5.12. Suzhou South Large Battery Co., Ltd.

        18.5.13. Shenzhen Pkcell Battery Co., Ltd.

19. Assumptions and Acronyms Used

20. Research Methodology

Research Methodology Framework for Market Research Excellence

At Persistence Market Research, we implement a comprehensive, validated, and multi-dimensional approachto market analysis that delivers actionable insights across complex market landscapes. Our methodology combines the analytical rigor of leading consulting firms with innovative research techniques, ensuring robust market assessments that guide strategic decision-making with confidence.

Core Research Philosophy

Our methodology is built on four foundational pillars:

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At Persistence Market Research, our methodology is designed to transcend conventional market studies by combining analytical rigor, multi-source validation, and future-focused insights.

We integrate advanced research frameworks, robust data collection strategies, cutting-edge analytics, and innovative technologies to deliver a 360-degree view of complex markets.

We integrate advanced research frameworks, robust data collection strategies, cutting-edge analytics, and innovative technologies to deliver a 360-degree view of complex markets.

Each stage spanning from strategic scoping and hypothesis-building to competitive intelligence, quality validation, and actionable recommendations is engineered to provide clients with unmatched clarity, precision, and confidence in decision-making.

By embedding innovation and technology at the core, our approach ensures that insights are not only comprehensive but also predictive, empowering businesses to seize opportunities, mitigate risks, and achieve sustainable growth

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Capturing Key Information and Events

During this phase, key research objectives focus on essential information and data points for assessing the market, including:

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TAM-SAM-SOM Framework Implementation

We employ both top-down and bottom-up approaches to ensure accurate market sizing.

Top-Down Market SizingBottom-Up Market Sizing
Universe Definition: Total global/regional market identificationUnit Economics: Average transaction values, purchase frequencies, customer lifecycle
Segmentation Filters: Geographic, demographic, and behavioral constraintsCustomer Segmentation: Detailed buyer persona development and sizing
Market Share Analysis: Competitive landscape assessment and share allocationPenetration Analysis: Market penetration rates by segment and geography
Growth Rate Application: Historical trends and forward-looking growth assumptionsScaling Methodology: Extrapolation techniques with confidence intervals

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Forecasting Components

  • Historical Trend Analysis: 10-year historical growth patterns and cyclical variations
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Model Validation

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Secondary Data Sourcess

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Quantitative Research Methods

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Qualitative Research Methods

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Quality Assurance & Validation Framework

Multi-Stage Validation Process

  • Source Verification and Consistency Testing
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  • Sensitivity Analysis and Confidence Intervals

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This comprehensive methodology framework positions Persistence Market Research at the forefront of market intelligence, combining the analytical sophistication of top-tier consulting firms with innovative research techniques. Our approach ensures that every market assessment delivers precise, actionable, and strategically valuable insights that drive business success in competitive market environments.

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