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Higher internet dependency for personal & business activities and surge in demand of smartphones act as the major drivers of the global battery case market. In addition, exponential rise in demand for wireless accessories significantly contribute toward the growth of the market.
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GLOBAL BATTERY CASES MARKET OVERVIEW GLOBAL OPPORTUNITY AND FORECAST 2018- 2025
BATTERY CASES MARKET ANALYST REVIEW The battery case market possesses high growth potential, owing to the fact that several companies have adopted various strategies, such as product launch and collaboration, to expand their presence in the global market. In 2017, the medium price range segment dominated the global battery case market, in terms of revenue. However, the premium price range segment is expected to grow at a highest CAGR during the forecast period. By distribution channel, the online segment is anticipated to dominate the market throughout the forecast period. Prasad Kakade & Rahul Kumar Lead Analysts, Semiconductor & Electronics Allied Market Research
CURRENT AND FUTURE MARKET SCENARIO • The global battery case market was valued at $4,125.5 million in 2017. • The global battery case market is projected to reach $8,980.2 million by 2025. • The global battery case market growing at a CAGR of 10.0% from 2018 to 2025. • By distribution channel, the online segment dominated the global market in 2017. • On the basis of price range, the medium price range segment led the global battery case market in 2017.
TOP IMPACTING FACTORS TO MARKET GROWTH • Higher Internet Dependency for Business & Personal Needs • Rise in digitization and increase in internet penetration globally have led numerous organizations to run their businesses online. • Surge in Smartphone Usage. • In recent years, the number of smartphone users has increased considerably. High internet connectivity, upsurge in internet usage, and increase in use of power-consuming apps result in rapid draining of mobile phone batteries. • Increased Need for Convenience • A number of devices are introduced in the market, which ease the lives of the people globally. Moreover, smartphone users have increased exponentially in the past few years, paving way for development of additional accessories.
BATTERY CASES MARKET SEGMENTATION • BY PRICE RANGE • Low • Medium • Premium • BY DISTRIBUTION CHANNEL • Online • Offline Get PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/5031
By distribution channel, the online segment dominated the global market in 2017. • On the basis of price range, the medium price range segment led the global battery case market in 2017
GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • The North American region held the majority share in 2017. • Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
DOMINATING MARKET PLAYERS PROFILED IN THE STUDY • Apple Inc. • Samsung • ZAGG Inc. • Otterbox • Incipio • EMTEC • ZeroLemon LLC • Alpatronix • Maxboost • Anker Innovations Ltd.
A Report Titled “Battery Cases Market- Opportunities And Forecasts, 2018– 2025” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Battery Cases Market- Opportunities and Forecasts 2018-2025 https://www.alliedmarketresearch.com/battery-cases-market Get PDF Sample Copy https://www.alliedmarketresearch.com/request-sample/5031 Follow Allied Market Research
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