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Portable Battery Market

ID: MRFR/SEM/0435-HCR
125 Pages
Ankit Gupta
October 2025

Portable Battery Market Size, Share and Research Report By Technology (Lead Acid, Nickel Metal Hydride, Lithium-ion Polymer, Nickel Cadmium, Others), By Battery Capacity (0-3,000mAh, 3,100-5,000mAh, 5,100-10,000mAh, Other), By Application (Smartphones, Tablets, Automotive, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Industry Forecast Till 2035

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Portable Battery Market Summary

As per MRFR analysis, the Portable Battery Market Size was estimated at 18.16 USD Billion in 2024. The Portable Battery industry is projected to grow from 19.74 USD Billion in 2025 to 45.39 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.68 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Portable Battery Market is experiencing robust growth driven by technological advancements and increasing consumer demand.

  • Technological advancements in battery chemistry are enhancing performance and efficiency in portable batteries.
  • Sustainability and eco-friendly practices are becoming increasingly important to consumers in North America and Asia-Pacific.
  • Integration with smart technologies is driving innovation in the consumer electronics segment, which remains the largest market.
  • Rising demand for portable electronics and the expansion of electric vehicles are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 18.16 (USD Billion)
2035 Market Size 45.39 (USD Billion)
CAGR (2025 - 2035) 8.68%

Major Players

Anker Innovations (CN), Samsung Electronics (KR), Sony Corporation (JP), LG Energy Solution (KR), RavPower (CN), Mophie (US), Belkin International (US), Energizer Holdings (US), Poweradd (CN)

Portable Battery Market Trends

The Portable Battery Market is currently experiencing a dynamic evolution, driven by the increasing demand for mobile devices and the growing need for reliable power sources. As consumers become more reliant on smartphones, tablets, and other portable electronics, the necessity for efficient and long-lasting batteries has intensified. This trend is further compounded by the rise of electric vehicles and renewable energy solutions, which require advanced battery technologies. Manufacturers are responding to these demands by innovating and enhancing battery performance, focusing on energy density, charging speed, and overall lifespan. Moreover, sustainability has emerged as a pivotal consideration within the Portable Battery Market. Companies are increasingly prioritizing eco-friendly materials and production processes, reflecting a broader societal shift towards environmental responsibility. This focus on sustainability not only appeals to environmentally conscious consumers but also aligns with regulatory pressures aimed at reducing carbon footprints. As the market continues to expand, the interplay between technological advancements and sustainability initiatives will likely shape its future trajectory, presenting both challenges and opportunities for stakeholders across the industry.

Technological Advancements in Battery Chemistry

Recent innovations in battery chemistry are transforming the Portable Battery Market. New materials and formulations are being developed to enhance energy density and reduce charging times. This trend indicates a shift towards more efficient and powerful batteries, which could significantly improve user experience across various devices.

Sustainability and Eco-Friendly Practices

The emphasis on sustainability is becoming increasingly prominent within the Portable Battery Market. Companies are adopting eco-friendly practices, such as using recyclable materials and reducing waste during production. This trend suggests a growing awareness of environmental issues among consumers and manufacturers alike.

Integration with Smart Technologies

The integration of portable batteries with smart technologies is gaining traction. As the Internet of Things (IoT) expands, the demand for batteries that can support smart devices is likely to increase. This trend may lead to the development of batteries that not only power devices but also communicate and optimize energy usage.

Portable Battery Market Drivers

Market Growth Projections

The Global Portable Battery Market Industry is poised for remarkable growth, with projections indicating a market value of 18.2 USD Billion in 2024 and an anticipated increase to 45.4 USD Billion by 2035. This growth trajectory, characterized by a compound annual growth rate of 8.69% from 2025 to 2035, reflects the increasing reliance on portable power solutions across various sectors. The market's expansion is driven by factors such as technological advancements, rising demand for portable electronics, and the growing emphasis on renewable energy adoption. These dynamics suggest a vibrant future for the portable battery market.

Growth in Renewable Energy Adoption

The Global Portable Battery Market Industry experiences a notable boost from the increasing adoption of renewable energy sources. As more individuals and businesses invest in solar and wind energy, the need for portable batteries to store this energy becomes apparent. These batteries serve as essential components for off-grid applications, enabling users to harness renewable energy effectively. The market's growth is projected to accelerate, with a compound annual growth rate of 8.69% from 2025 to 2035. This trend not only supports sustainability efforts but also enhances energy independence, making portable batteries a crucial element in the transition to greener energy solutions.

Rising Demand for Portable Electronics

The increasing proliferation of portable electronics, such as smartphones, tablets, and laptops, drives the Global Portable Battery Market Industry. As consumers seek convenience and mobility, the demand for reliable power sources has surged. In 2024, the market is projected to reach 18.2 USD Billion, reflecting a significant shift towards portable power solutions. This trend is likely to continue as advancements in technology lead to the development of more energy-efficient devices. The need for uninterrupted power supply during travel and outdoor activities further propels the market, indicating a robust growth trajectory in the coming years.

Increased Focus on Emergency Preparedness

The Global Portable Battery Market Industry benefits from a heightened awareness of emergency preparedness among consumers. Natural disasters and unforeseen events prompt individuals to seek reliable backup power solutions. Portable batteries serve as essential tools for ensuring access to electricity during outages, making them increasingly popular among households and businesses alike. This trend is likely to contribute to market growth as consumers prioritize energy security. The ongoing development of compact and high-capacity batteries further supports this demand, indicating a shift towards more resilient power solutions in the face of potential crises.

Expansion of Electric Vehicle Infrastructure

The expansion of electric vehicle infrastructure significantly impacts the Global Portable Battery Market Industry. As electric vehicles become more mainstream, the demand for portable charging solutions rises. Consumers seek convenient ways to charge their vehicles while on the go, leading to increased interest in portable batteries. This trend aligns with the broader shift towards sustainable transportation, which is expected to drive market growth. The integration of portable batteries into electric vehicle ecosystems presents opportunities for innovation and collaboration among manufacturers, suggesting a dynamic future for the industry.

Technological Advancements in Battery Technology

Innovations in battery technology significantly influence the Global Portable Battery Market Industry. Developments in lithium-ion and solid-state batteries enhance energy density, charging speed, and overall performance. These advancements lead to the creation of lighter, more efficient batteries that cater to the evolving needs of consumers. As manufacturers strive to improve battery life and reduce charging times, the market is poised for substantial growth. The anticipated increase in market value to 45.4 USD Billion by 2035 underscores the importance of technological progress in shaping consumer preferences and driving demand for portable power solutions.

Market Segment Insights

By Application: Consumer Electronics (Largest) vs. Electric Vehicles (Fastest-Growing)

The Portable Battery Market exhibits a diverse application landscape, with Consumer Electronics commanding the largest share. This segment encompasses a wide range of products including smartphones, laptops, and wearable devices, making it a cornerstone of the market. Meanwhile, the Electric Vehicles segment is gaining momentum, driven by the global push towards sustainable transportation solutions. The increasing demand for EVs is resulting in a rapid expansion of the portable batteries designed specifically for this application, reflecting a significant shift in consumer preferences.

Consumer Electronics: Dominant vs. Electric Vehicles: Emerging

The Consumer Electronics segment is characterized by its extensive usage of portable batteries in everyday devices, ensuring convenience and portability for consumers. This segment benefits from continuous technological advancements and a robust demand for newer and more efficient products. In contrast, the Electric Vehicles segment represents a burgeoning field with significant investment opportunities. As automotive manufacturers shift towards electric vehicles, the need for high-capacity portable batteries is becoming essential. This emerging segment is supported by government incentives and rising environmental awareness, positioning it as a critical area for growth in the coming years.

By End Use: Residential (Largest) vs. Automotive (Fastest-Growing)

In the Portable Battery Market, the end-use segment is characterized by a significant variation in market share distribution. Residential applications account for the largest share, driven by the growing demand for home energy storage solutions and portable power supplies for personal devices. Following closely are the commercial and telecommunications sectors, which also exhibit considerable market presence due to their reliance on uninterrupted power supply systems. Industrial applications, while important, hold a smaller percentage of the overall market yet are crucial in supporting essential operations. Automotive applications, although currently smaller in comparative share, are quickly gaining traction with the rise of electric vehicles and hybrid technologies. Growth trends in the Portable Battery Market are heavily influenced by the increasing need for reliable energy storage solutions. The automotive sector is identified as the fastest-growing segment, reflecting the surge in electric vehicle adoption that necessitates high-performance portable batteries. Additionally, advancements in battery technology and a focus on sustainability are driving growth across all segments. Telecommunications are pivoting towards portable power systems to support their operations more efficiently, while residential consumers are increasingly investing in portable batteries for convenience and energy management.

Residential (Dominant) vs. Automotive (Emerging)

The Residential segment in the Portable Battery Market is recognized as a dominant force, largely due to the rising consumer interest in home energy independence and the integration of smart home technologies. Households are increasingly opting for portable battery solutions to power their devices during outages or as supplementary energy sources. This trend is supported by innovations in battery efficiency and storage capacity, catering to various consumer needs, from emergency backup to outdoor recreational use. On the other hand, the Automotive segment is emerging rapidly, focusing on the demand for portable batteries fueled by electric vehicle growth. This sector is characterized by continuous technological advancements aimed at improving battery capacity and reducing charging times, appealing to a tech-savvy consumer base. As electric and hybrid vehicles become mainstream, the demand for portable power solutions in this segment is poised to increase significantly.

By Battery Type: Lithium-ion (Largest) vs. Nickel-Metal Hydride (Fastest-Growing)

The portable battery market has seen significant diversification in battery types, with Lithium-ion batteries holding the largest market share due to their widespread adoption in consumer electronics and electric vehicles. Their ability to offer high energy density and longer cycle life has positioned them as the preferred choice among manufacturers and consumers. In contrast, Nickel-Metal Hydride batteries, once the predominant technology in hybrid vehicles, are experiencing a resurgence in specific applications that demand cost-effectiveness and reliability, making them the fastest-growing segment in this market. The growth trends in the Portable Battery Market are heavily influenced by technological advancements, regulatory support for green technology, and the increasing use of portable devices. Lithium-ion batteries continue to dominate due to innovations in their chemistry and formulation, allowing for improved performance and safety. Meanwhile, Nickel-Metal Hydride batteries are gaining traction in niche markets, driven by rising environmental awareness and the demand for sustainable battery solutions, thus signifying a shift in consumer preferences towards greener alternatives.

Lithium-ion (Dominant) vs. Nickel-Metal Hydride (Emerging)

Lithium-ion batteries are the dominant force in the portable battery market, revered for their efficiency, lightweight design, and high energy capacity. Their applications span various industries, including consumer electronics, electric vehicles, and renewable energy storage solutions. This segment's stronghold is attributed to their continuous innovation, enhancing performance characteristics, and cost reductions due to scale production. On the other hand, Nickel-Metal Hydride batteries are emerging as a viable alternative, particularly in applications requiring moderate energy demands at a lower cost. While not as energy-dense as Lithium-ion, Nickel-Metal Hydride batteries offer ease of recycling and have a lower environmental impact, making them appealing for eco-conscious consumers and industries seeking sustainable options.

By Capacity: 1000 mAh to 5000 mAh (Largest) vs. Above 10000 mAh (Fastest-Growing)

The capacity segment of the Portable Battery Market is primarily dominated by the range of 1000 mAh to 5000 mAh, holding the largest market share due to its widespread applicability in consumer electronics such as smartphones and tablets. This segment is favored by both manufacturers and consumers for its balance of power and portability, making it the go-to choice for everyday users. Meanwhile, the segment above 10000 mAh is emerging rapidly, catering to the increasing demand for high-capacity power banks needed for more power-hungry devices and prolonged use away from regular charging points.

1000 mAh to 5000 mAh (Dominant) vs. Above 10000 mAh (Emerging)

The segment of 1000 mAh to 5000 mAh serves as the dominant force in the portable battery market, mainly due to its versatile usage across various devices and its affordability. This range meets the needs of the average consumer, balancing sufficient power with manageable size. In contrast, the Above 10000 mAh segment represents an emerging trend driven by an increase in large-screen devices and longer outdoor usage. This high-capacity option appeals particularly to tech-savvy consumers and travelers who require immense power for their devices, positioning it as a crucial area for manufacturers to innovate and expand.

By Form Factor: Portable Power Banks (Largest) vs. Battery Packs (Fastest-Growing)

In the Portable Battery Market, the segment is led by Portable Power Banks, which have established a significant market presence due to their widespread adoption by consumers. These devices are favored for their convenience and availability across various sectors, including personal electronics and outdoor activities. Following closely behind are Battery Packs, which, while currently smaller in market share, are rapidly gaining traction. Their appeal is largely rooted in their versatility and compatibility with diverse devices, making them an attractive choice for consumers seeking customizable power solutions.

Portable Power Banks (Dominant) vs. Battery Packs (Emerging)

Portable Power Banks stand out as the dominant player in the Portable Battery Market, characterized by their compact design and high energy capacity. These power banks are preferred by users for their lightweight nature, making them ideal for travel and on-the-go charging needs. On the other hand, Battery Packs are emerging as a noteworthy segment, appreciated for their modular capabilities that allow for scalability according to power needs. While Portable Power Banks retain a stronghold in consumer preference, the flexibility of Battery Packs positions them as a promising option for users looking to expand their power supply as technology evolves. Together, these two segments represent distinct yet interconnected facets of the market.

Get more detailed insights about Portable Battery Market

Regional Insights

North America : Technological Innovation Leader

The North American portable battery market is projected to reach $5.0 billion by December 2025, driven by increasing consumer demand for mobile devices and the need for reliable power sources. Regulatory support for energy-efficient products and sustainability initiatives are also key growth catalysts. The region's focus on innovation and technology adoption further enhances market potential, with a growing trend towards wireless charging solutions and smart battery technologies. Leading the market are the United States and Canada, where major players like Mophie, Energizer Holdings, and Belkin International are making significant strides. The competitive landscape is characterized by a mix of established brands and emerging startups, all vying for market share. The presence of global giants such as Anker Innovations and Samsung Electronics also intensifies competition, ensuring a dynamic market environment.

Europe : Sustainability and Innovation Focus

The European portable battery market is expected to reach €4.5 billion by December 2025, fueled by a strong emphasis on sustainability and renewable energy solutions. Regulatory frameworks promoting eco-friendly products and energy storage systems are driving demand. The region's commitment to reducing carbon emissions and enhancing energy efficiency is a significant catalyst for market growth, with consumers increasingly seeking portable power solutions that align with these values. Germany, France, and the UK are leading the charge in this market, with key players like Sony Corporation and LG Energy Solution establishing a strong presence. The competitive landscape is marked by innovation, with companies investing in advanced battery technologies and smart features. The growing trend of electric vehicles and renewable energy integration further supports the demand for portable batteries, positioning Europe as a key player in the global market.

Asia-Pacific : Dominant Market Player

The Asia-Pacific region dominates the portable battery market, with a projected size of $8.0 billion by December 2025. This growth is driven by rapid urbanization, increasing smartphone penetration, and a rising demand for portable electronic devices. Regulatory support for energy storage solutions and advancements in battery technology are also significant growth drivers. The region's focus on innovation and manufacturing capabilities further enhances its market position, making it a hub for portable battery production. China, Japan, and South Korea are the leading countries in this market, with major players like Anker Innovations, LG Energy Solution, and Samsung Electronics at the forefront. The competitive landscape is characterized by a mix of local and international brands, all striving to capture market share. The presence of advanced manufacturing facilities and a strong supply chain network in these countries supports the region's leadership in the portable battery market.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa (MEA) portable battery market is projected to reach $0.66 billion by December 2025, reflecting emerging growth opportunities driven by increasing mobile device usage and a growing need for reliable power sources. The region's expanding telecommunications infrastructure and rising disposable incomes are key factors contributing to market growth. Additionally, government initiatives aimed at enhancing energy access and sustainability are expected to further stimulate demand for portable batteries. Countries like South Africa and the UAE are leading the market, with a growing presence of both local and international players. The competitive landscape is evolving, with companies exploring innovative solutions to meet the unique needs of consumers in this region. As the market matures, the focus on quality and reliability will become increasingly important, shaping the future of the portable battery market in MEA.

Portable Battery Market Regional Image

Key Players and Competitive Insights

The Portable Battery Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing consumer demand for portable energy solutions. Major players such as Anker Innovations (CN), Samsung Electronics (KR), and LG Energy Solution (KR) are at the forefront, each adopting distinct strategies to enhance their market presence. Anker Innovations (CN) focuses on innovation, consistently launching new products that cater to diverse consumer needs, while Samsung Electronics (KR) leverages its extensive research and development capabilities to integrate cutting-edge technology into its portable battery offerings. LG Energy Solution (KR), on the other hand, emphasizes sustainability, investing in eco-friendly battery technologies that align with global environmental goals. Collectively, these strategies contribute to a competitive environment that is increasingly centered around innovation and sustainability.In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several key players exerting influence while also allowing room for smaller entrants. This fragmentation fosters competition, compelling companies to differentiate themselves through unique value propositions and operational efficiencies.

In November Anker Innovations (CN) announced the launch of its latest line of solar-powered portable chargers, which signifies a strategic pivot towards renewable energy solutions. This move not only aligns with global sustainability trends but also positions Anker as a leader in eco-friendly technology, potentially attracting environmentally conscious consumers. The introduction of solar-powered options may enhance Anker's market share and reinforce its commitment to innovation.

In October Samsung Electronics (KR) unveiled a new range of portable batteries equipped with AI-driven energy management systems. This strategic initiative aims to optimize battery performance and extend lifespan, catering to the growing demand for smart technology. By integrating AI, Samsung enhances user experience and sets a new standard in the market, likely increasing its competitive edge.

In September LG Energy Solution (KR) entered a partnership with a leading electric vehicle manufacturer to develop high-capacity portable batteries. This collaboration underscores LG's commitment to expanding its product portfolio and tapping into the burgeoning electric vehicle market. Such strategic alliances may not only bolster LG's market position but also facilitate technological advancements in battery efficiency and performance.

As of December the Portable Battery Market is witnessing trends such as digitalization, sustainability, and AI integration, which are reshaping competitive dynamics. Strategic alliances are increasingly pivotal, enabling companies to leverage shared expertise and resources. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. Companies that prioritize these aspects may secure a more robust market position in the future.

Key Companies in the Portable Battery Market include

Industry Developments

February 2024: Sony India introduced the SRS-XV500, a fresh new portable party speaker that boasts powerful sound output, built-in lighting, and long-lasting battery life – thus extending its lineup within India. The SRS-XV500 allows you to plug in a karaoke mic so you can sing all night with it. These speakers are an IPX4-certified device made to withstand water spills and also have USB connectivity for plug-and-play features. The Sony SRS-XP500 is designed to deliver a great audio experience along with versatile features suitable for parties or daily use; it offers portability, durability, and high-quality sound performance.

Pricing at Rs 31,990 in the Indian market alone, where this product is available only now till then everywhere else, will take some time before becoming widely accessible, so if anyone wants one, they should get their hands on it soon enough!

December 2023: Atlas Copco – one of the industrial sector giants – released what has been coined as ‘B-Air’: the world’s first-ever battery-driven portable screw air compressor, thus keying into a greener future for global industries. Also, by introducing B-Air 185-12, which is a battery-driven portable screw air compressor, into its range of electric-powered portables, Atlas Copco has increased its offerings under this category while setting another record as a pioneer in making such machines available anywhere around the world thereby marking yet another milestone towards sustainability within industrialization sector.

January 2023: the AlphaTheta (think Pioneer DJ) launched a brand-new OMNIS-DUO. Also, another entrant enters what had previously been an empty space for fully battery-operated DJ booths like Denon DJ Prime Go or Numark Mixstream Pro. This much-leaked device will be the first-ever DJ product carrying an AlphaTheta logo and wordmark on it. Can’t say we weren’t warned either – diligent internet sleuths spotted OMNIS DUO on Suat’s livestream as he cavorted around Venice Beach.

That was a pretty good tell of the type of product we’d be getting: a party in a box designed to take parties anywhere you want.

October 2022: Siemens and Automotive Cells Company (ACC) have joined forces in a new strategic relationship after signing a Memorandum of Understanding. According to the deal, Siemens will take over as ACC's top automation, digitalization, and electrification technology supplier. This will allow ACC to build up its production while increasing plant and energy efficiency.

Future Outlook

Portable Battery Market Future Outlook

The Portable Battery Market is projected to grow at an 8.68% CAGR from 2024 to 2035, driven by increasing demand for renewable energy solutions and portable electronics.

New opportunities lie in:

  • Development of modular battery systems for electric vehicles
  • Expansion into renewable energy storage solutions
  • Partnerships with tech companies for integrated battery solutions

By 2035, the Portable Battery Market is expected to achieve substantial growth and innovation.

Market Segmentation

Portable Battery Market End Use Outlook

  • Residential
  • Commercial
  • Industrial
  • Automotive
  • Telecommunications

Portable Battery Market Capacity Outlook

  • Below 1000 mAh
  • 1000 mAh to 5000 mAh
  • 5000 mAh to 10000 mAh
  • Above 10000 mAh

Portable Battery Market Application Outlook

  • Consumer Electronics
  • Electric Vehicles
  • Renewable Energy Storage
  • Industrial Equipment
  • Medical Devices

Portable Battery Market Form Factor Outlook

  • Portable Power Banks
  • Battery Packs
  • Integrated Batteries
  • Modular Batteries

Portable Battery Market Battery Type Outlook

  • Lithium-ion
  • Nickel-Metal Hydride
  • Lead-Acid
  • Lithium Polymer
  • Sodium-ion

Report Scope

MARKET SIZE 202418.16(USD Billion)
MARKET SIZE 202519.74(USD Billion)
MARKET SIZE 203545.39(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.68% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledAnker Innovations (CN), Samsung Electronics (KR), Sony Corporation (JP), LG Energy Solution (KR), RavPower (CN), Mophie (US), Belkin International (US), Energizer Holdings (US), Poweradd (CN)
Segments CoveredApplication, End Use, Battery Type, Capacity, Form Factor
Key Market OpportunitiesGrowing demand for eco-friendly portable batteries driven by consumer preference for sustainable energy solutions.
Key Market DynamicsRising demand for eco-friendly portable batteries drives innovation and competition among manufacturers and suppliers.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Ankit Gupta
Senior Research Analyst

Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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FAQs

How much is the Portable Battery market?

The Portable Battery Market size was valued at USD 18.16 billion in 2024.

What is the growth rate of the Portable Batteries market?

The global market is projected to grow at a CAGR of 8.68% during the forecast period, 2025 to 2035.

Which region held the largest market share in the Portable Battery market?

Asia Pacific had the largest share of the Portable Battery Market.

Who are the key players in the Portable Batteries market?

The key players in the market are Sony Corporation, Acer Inc, Alcatel-Lucent, Dell Inc, Siemens, Nikon Corporation, Advanced Battery Systems Inc, Sharp Electronics Corporation, Casio Computer Co.Ltd, and Seiko Holdings Corporation.

Which Offering led the market of Portable batteries?

The 3,100-5,000mAh category dominated the market in 2022.

Which Application had the largest market share in the market of Portable Battery?

The Smartphones segment had the largest share in the global market for Portable batteries.

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