Mobile phone market to decrease in value

August 4, 2008

The global market for battery powered communication devices such as mobile phones is expected to see a fall in value over the next five years.

However, the overall global market for portable battery powered products is forecast to continue to rise according to a report by market research firm BCC Research.

The report said the global market for portable battery powered products – a key market for injection moulded plastics parts – was worth $425.3bn in 2007.¹

¹David Eldridge; PRW.com

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Global Market for Portable Battery Powered Products Worth $461.5 Billion by 2013

July 30, 2008

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.

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Large and Advanced Battery Market Could Be Worth $11.4 Billion by 2012

April 14, 2008

According to the recent report “Large & Advanced Battery Technology & Markets” from Wellesley, Mass.-based BCC Research, the global market for large and advanced batteries was worth $8.9 billion in 2007 and is expected to increase to more than 11.4 billion by 2012 — a compound average annual growth rate (CAGR) of 5.1%.¹

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¹Source: ecmweb.com

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