Thursday 16 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Laptop Battery Market: Hewlett-Packard Co. (HP), LG Chem Ltd., Samsung SDI Co. Ltd. and Sony Corp.
Other Prominent Vendors in the market are: Amperex Technology Limited (ATL), Amstron, Battery Technology Inc. (BTI), Ecsem, Fujitsu, LikkPower, Panasonic and Toshiba.
The report said: “One major trend emerging in this market is the increase in R&D innovations, primarily to improve the performance of laptop batteries. Various nanotechnology studies are being conducted to identify materials that can improve the capacity and increase the number of recharge cycles.”
According to the report, one of the major drivers of the market is the increased demand from the corporate sector. Business expansion by developed economies post the recession coupled with rapid industrialization in developing economies has driven the demand for various service-related jobs that require real-time communication and collaborative workspaces, and this has triggered the rise in sales of laptops, which indirectly boosts the sales of laptop batteries.
Further, the report states that the rise in the demand and in the adoption of tablets and smartphones by consumers is affecting the Laptop market, thereby reducing the demand for laptop batteries. Models that are not preferred by consumers are often pulled off the shelf to reduce further costs. Such strategic decisions pertaining to sales of laptops have an indirect impact on the Replacement Battery market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.