BCC Research
Market Research Reports and Technical PublicationsArchive for July, 2008
Global Market for Portable Battery Powered Products Worth $461.5 Billion by 2013
FOR IMMEDIATE RELEASE
July 30, 2008
Contact: Jason W. Prokowiew
Tel: 978-870-3345
Email: jason.prokowiew@bccresearch.com
GLOBAL MARKET FOR PORTABLE BATTERY POWERED PRODUCTS WORTH $461.5 BILLION BY 2013
Wellesley, Mass—According to a new technical market research report, PORTABLE BATTERY-POWERED PRODUCTS: GLOBAL MARKETS (FCB023D) from BCC Research, the global market for portable battery-powered products was worth $425.3 billion in 2007. This is expected to increase to $443.2 billion in 2008 and $461.5 billion by the end of 2013, a compound annual growth rate (CAGR) of 0.8%.
The market is broken down into applications for communication, entertainment, computer, navigation, camera, timepiece, tools, lighting, toy and novelty, medical, scientific and military. Of these, communication products have the largest share of the market. Valued at $127.6 billion in 2007 and an estimated $135.2 billion in 2008, this segment is expected to decline to $120.0 billion in 2013, a CAGR of –2.3%. This decline is due to a convergence of function seen in PDAs and smartphones that causes individual markets to shrink as new converged markets grow.
Computer products, the second largest segment, was worth $98.0 billion in 2007. It is expected to reach $103.0 billion in 2008 and $118.7 billion in 2013, for a CAGR of 2.8%. Medical products also represent a significant share of the market, generating $66.1 billion in 2007 and an estimated $68.6 billion in 2008. This should increase to $94.0 billion in 2013, for a CAGR of 6.5%.
The fastest growing segment is expected to be military products. This segment was worth $1.3 billion in 2007 and is expected to increase to $1.8 billion in 2008 and $3.2 billion in 2013, a CAGR of 12.0%.
The key technology that enables these portable products is the $72 billion worth of batteries used to provide power. Although advanced high-energy battery systems, like lithium-ion and nickel-metal-hydride, have gained the most attention, primary alkaline batteries are still widely used. Battery chargers remain a smaller market. In 2007, 2.1 billion internal and external battery chargers worth $43 billion were used with portable battery-powered products.
Move To Biometrics Unlocks Privacy Pandora’s Box
There’s no question that the market for biometric technologies—including fingerprint sensors, palm print readers, eye and facial scanners, and voice recognition systems—is booming. BCC Research estimates global 2007 biometrics sales of $2.7 billion will grow to $7.1 billion by 2012, an annual compound growth rate of more than 20%.¹
¹Carmi Levy; Processor.com
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Intel’s System-on-a-Chip Enable New Embedded Markets
Advances in underlying embedded technologies are enabling the rapid growth in the embedded market with software becoming an important source of differentiation in many industries. According to a report from BCC Research, the worldwide embedded systems market is expected to reach $88 billion by 2009,” concluded Dr. Banga.
Global Market For Membrane Bioreactors
According to a new technical market research report, MEMBRANE BIOREACTORS: GLOBAL MARKETS (MST047B) from BCC Research, the global market for membrane bioreactor technology is expected to grow at a compound annual growth rate (CAGR) of 10.5%, increasing in value from $296.0 million in 2008 to $488.0 million by 2013.¹
¹BCC Research; Wateronline.com
$300m shot in the arm for Merck’s vaccines plant
US drug giant Merck & Co hopes that an additional $300m investment in its vaccine manufacturing plant in Durham, North Carolina will cement its position at the forefront of the global vaccines market.¹
¹Gareth McDonald; In-PharmaTechnologist.com
Ultrasonics Slated for a High Growth
According to a new technical market research report, “Ultrasonics: Global Markets and Technologies” (MFG013C) from BCC Research, the global market for ultrasonic technology was worth $10.8 billion in 2007. This is expected to increase to $12.4 billion in 2008 and reach $18.8 billion by 2013, a compound annual growth rate (CAGR) of 8.7%.¹
¹BCC Research; Controlled Environments Magazine
Down-sizing trend driving US rigid food packaging
The trend towards smaller, more portable beverage and prepared food containers will play a large part in the increased use of plastics in rigid food packaging in the US market, according to a new report from BCC Research.¹
¹Jane Byrne, Food Production Daily
Global market for imaging components to jump by 7.8% by 2012
The global market for imaging components is expected to jump from $35.5 billion in 2005 to more than $58 billion in 2012, according to the “Electronics and Components in Global Imaging Markets” market research report from BCC Research.¹
¹I-micronews.com
Global Printed Electronics Worth $8.8B by 2013
The market includes optoelectronics, radio frequency, energy, sensors and other applications. Optoelectronics applications dominate the market with a share of more than 85% in 2007 and 2008, but will decline to 69% in 2013.¹
¹Chelsey Drysdale; CircuitWorks.com
North American Rigid Plastic Food Packaging Forecast
The North American market for plastic rigid food packaging will surpass 6.2 mln tons in 2008, as per a report by BCC Research. The market is forecast to increase to over 17.2 billion pounds in 2013, at a compounded annual growth rate of 4.7%.¹
¹Plastemart.com
