London, 08 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Laptop Battery Market 2015-2019, which is expected to grow at a CAGR of 6.39 percent during the forecast period of 2014-2019.
“Well-known laptops from established players have a good market for both new and replacement batteries,” says Faisal Ghaus, Vice President of TechNavio.
“Strong technical features and a liking for the product by consumers will ensure a sustained demand for the product, which is beneficial for new and replacement batteries.”
Key Market Drivers
- Increased Demand from Corporate Sector
- Emergence of New Laptop Models
- Digitization of Education
- Rise in Replacement Rate in Developing Economies
Key Market Trends
- Increase in R&D Innovations
- Growth of Industrialization in Developing Economies
- Alternative Usage of Batteries
- Increased Consumer Awareness
Key Market Vendors
- Hewlett-Packard Co. (HP)
- LG Chem Ltd.
- Samsung SDI Co. Ltd.
- Sony Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
