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The Portable Battery Pack Market is projected to expand by USD 12.24 billion from 2024-2028, with declining lithium-ion battery prices driving growth, Report highlights AI’s role in market transformation – Technavio

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NEW YORK, Aug. 29, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global portable battery pack market  size is estimated to grow by USD 12.24 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  12.85%  during the forecast period.  Declining li-ion battery prices is driving market growth, with a trend towards growing use of sustainable and eco-friendly batteries. However, growing environmental concerns  poses a challenge. Key market players include ADATA Technology Co. Ltd., Anker Technology UK Ltd., ASUSTeK Computer Inc., AUKEY Online, Belkin International Inc., BYD Co. Ltd., ChargeTech Inc., Energizer Holdings Inc., Huawei Technologies Co. Ltd., Intex Technologies India Ltd., Jackery Inc., LG Chem Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Bak Battery Co. Ltd., Simplo Technology Co. Ltd., Sony Group Corp., The Duracell Co., Xiaomi Communications Co. Ltd., and ZAGG Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

–

Segment Covered

Distribution Channel (Online and Offline), Type (Smart phones, Tablet, Laptop, Portable media device, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

ADATA Technology Co. Ltd., Anker Technology UK Ltd., ASUSTeK Computer Inc., AUKEY Online, Belkin International Inc., BYD Co. Ltd., ChargeTech Inc., Energizer Holdings Inc., Huawei Technologies Co. Ltd., Intex Technologies India Ltd., Jackery Inc., LG Chem Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Bak Battery Co. Ltd., Simplo Technology Co. Ltd., Sony Group Corp., The Duracell Co., Xiaomi Communications Co. Ltd., and ZAGG Inc.

Key Market Trends Fueling Growth

The Portable Battery Pack market is experiencing significant growth due to the increasing demand for mobile devices and electric vehicles. These battery packs provide a convenient solution for on-the-go charging, ensuring uninterrupted usage. Major players in this market include Anker, Belkin, and Samsung. They focus on offering high capacity, fast charging, and compact designs to cater to consumer needs. The market is expected to continue expanding, driven by advancements in technology and rising consumer awareness. 

The Portable Battery Pack Market is witnessing significant growth due to the increasing usage of electronic devices and energy storage systems. The Lithium-ion Polymer segment dominates the market, with high demand from consumer electronics, telecommunication, power tools, and portable medical equipment. Renewable energy sources like solar and wind are driving the market, with regulatory guidelines ensuring safety measures against fire risk. Battery management software optimizes conversion efficiency, while chemical energy remains a key focus. Nickel-Cadmium and Lead Acid batteries face competition from Lithium-ion and Nickel Metal Hydride. The market is influenced by trends in the automotive sector, including electric vehicles, and is affected by piracy-related threats. FMI predicts continued growth, driven by consumer discretionary income and the shift from fossil fuels to renewable energy resources. Wattage demand is high for smartphones, tablets, and portable medical devices. The market caters to various industries, including construction activities, infrastructure, and electrical battery-powered devices. 

Discover a Comprehensive 360° Market Analysis: Understand the Impact of AI. For detailed information- Request Sample!

Market Challenges

The Portable Battery Pack market is experiencing significant growth due to the increasing demand for mobile devices and electric vehicles. These battery packs provide a convenient solution for charging on-the-go, offering flexibility and reliability. Major players in the industry focus on enhancing capacity, efficiency, and safety features to cater to diverse consumer needs. The market is expected to continue expanding, driven by technological advancements and rising consumer awareness.The Portable Battery Pack Market faces several challenges in the era of increasing reliance on electronic devices and energy storage systems. Key challenges include ensuring compatibility with various portable electronic gadgets, managing battery performance with battery management software, addressing fire risk, and improving conversion efficiency. Renewable energy sources like solar and wind energy offer opportunities but bring regulatory guidelines and chemical energy storage concerns. Nickel-cadmium and lithium-ion batteries dominate the market, with lithium-ion polymer gaining popularity in consumer electronics, telecommunication, power tools, and medical devices. The Coronavirus pandemic and piracy-related threats pose risks, while the shift towards electric vehicles and renewable energy resources presents opportunities. FMI predicts market growth, but challenges persist in areas like wattage management, battery size, and cost. Market segments include smartphones, tablets, construction activities, infrastructure, automotive sector, and more. Discretionary income, warming temperatures, and technological advancements continue to influence market trends. Electrical battery types include lead-acid, nickel metal hydride, and lithium-ion polymer. Lithium-ion batteries power portable medical equipment, fitness bands, hearing aids, and mobile phones. Market players must navigate these challenges and opportunities to succeed.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This portable battery pack market report extensively covers market segmentation by

Distribution Channel1.1 Online1.2 OfflineType 2.1 Smart phones2.2 Tablet2.3 Laptop2.4 Portable media device2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Online-  The portable battery pack market is experiencing notable growth due to increasing internet penetration and customer awareness of online commerce. Online distribution is a major segment driving this market’s expansion. This channel offers a convenient shopping experience, allowing customers to purchase portable battery packs whenever they want. Major manufacturers, such as Amazon, Alibaba, and Flipkart, sell their products online through their websites and third-party retailers. Vendors list their offerings on these platforms to boost brand visibility and reach a wider audience. E-commerce sites provide detailed product descriptions and seller information, ensuring a better shopping experience. Attractive offers and discounted prices also lure customers. The popularity of omnichannel distribution, where customers can buy online and pick up in-store, is another growth factor. Vendors’ emphasis on omnichannel sales and online commerce’s increasing popularity are expected to fuel the growth of the online distribution segment and the global portable battery pack market during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data ( – )  – Download a Sample Report

Research Analysis

The Portable Battery Pack Market encompasses a wide range of electrical batteries used to power various devices and applications. These batteries include Warming Batteries, Electrical Vehicle (EV) batteries, and batteries for Power Tools like cordless drills. Technologies such as Lead Acid, Nickel Metal Hydride, Nickel Cadmium, Lithium-ion Polymer, and others are used in these battery packs. The market caters to diverse sectors like the Automotive industry, Infrastructure, Construction activities, and the Electronic devices industry, including Smartphones and Tablets. The Coronavirus pandemic has accelerated the shift towards renewable energy resources, leading to an increased demand for portable battery packs in Solar Energy and Wind Energy systems. FMI predictions suggest that the market will continue to grow, driven by the rising demand for energy storage systems and the shift away from fossil fuels. Hearing aids are another application area for portable battery packs, offering users the convenience of long-lasting, rechargeable power sources.

Market Research Overview

The Portable Battery Pack Market encompasses a wide range of electrical batteries used to power various portable electronic devices, from smartphones and tablets to power tools and portable medical equipment. These batteries include Lead Acid, Nickel Metal Hydride, Lithium-ion Polymer, and Nickel Cadmium. The market is driven by the increasing demand for power on the go in various sectors such as Electric vehicles, Construction activities, Infrastructure, Automotive sector, and Telecommunication. The Lithium-ion Polymer segment is expected to dominate the market due to its high energy density, long cycle life, and low self-discharge rate. The market is also influenced by regulatory guidelines, chemical energy sources, and conversion efficiency. Fire risk and piracy-related threats are some challenges faced by the market. The market is also influenced by renewable energy sources like solar and wind energy, and FMI predictions indicate continued growth. The market caters to various industries including consumer electronics, energy storage systems, and portable electronic gadgets. The coronavirus pandemic has led to an increase in the demand for portable power solutions for remote working and learning. The market is also influenced by factors like wattage, technological advancements, and discretionary income. Fossil fuels are being replaced by renewable energy resources, further driving the market growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOnlineOfflineTypeSmart PhonesTabletLaptopPortable Media DeviceOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Automotive Seat Heater Market to Reach $5.5 Billion, Globally, by 2033 at 6% CAGR: Allied Market Research

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September 20, 2024

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Key factors contributing to the growth of the automotive heat seater market include advancements in heating technology, such as the integration of more efficient heating elements and improved temperature control systems.

WILMINGTON, Del., Sept. 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive seat heater Market by Type (Carbon Heater and Composite Heater), Vehicle Type (Passenger Cars and Commercial Vehicles), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the automotive seat heater market was valued at $3.1 billion in 2023, and is estimated to reach $5.5 billion by 2033, growing at a CAGR of 6% from 2024 to 2033.

The global automotive seat heaters market is driven by increased demand for comfort and customization. As increasing numbers of individuals utilize the roads, the number of affordable vehicles available in recent years has skyrocketed. As a result, there is a greater need for vehicles with interiors that are both visually appealing and practical. The market for vehicle interior materials is being driven by rising consumer demand for customization and technical developments across the industry. In response to client demand, companies are now offering customization choices for creating modern interiors. Consumers increasing health consciousness is also driving the development of environmentally friendly automotive interior materials that contribute to increased comfort. 

Request Sample of the Report on Automotive Seat Heater Market   Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A323768

Prime determinants of growth 

The growing level of competition in the automotive industry is a primary driver of the automotive seat heater market’s expansion. Furthermore, improving consumer affordability, rising consumer income, and the availability of easy financing to purchase a vehicle are all driving forces in the global automobile sector. Furthermore, expansion in the automobile industry causes growth in the global market. Rising popularity of carbon fiber technology, rising demand for comfort and energy efficiency in vehicles, and rising preferences for high-end passenger cars are some of the major and insightful factors that will most likely drive the growth of the automotive seat heater market during the forecast period. The health benefits, such as reduction from discomfort backs and rapid warming, are driving market expansion. The expanding aftermarket sales of car seat heaters are driving the market forward.

Have a Question? Connect to our Analyst – https://www.alliedmarketresearch.com/connect-to-analyst/A323768

By Type 

The carbon heater segment is expected to grow faster throughout the forecast period.

The carbon heater segment is anticipated to experience faster growth in the automotive seat heater market. Carbon fiber meshed weave heating pads will remain the largest market segment as this type of seat heater ensures good strength and requires very low voltage to produce heat. a growing preference for energy-efficient and environmentally friendly components, aligning with the broader push towards sustainable automotive solutions. The integration of advanced technologies, such as automatic climate control systems that adjust seat heating based on ambient temperature and individual preferences, is becoming increasingly popular.  

By Vehicle Type

The passenger car segment is expected to grow faster throughout the forecast period.

The passenger car segment is anticipated to experience growth in the automotive seat heater market. The increasing expenditure on passenger and driver comfort. The development of premium features and the surge in passenger vehicle numbers in Europe and North America significantly contribute to this growth. Additionally, there is a rising demand for SUVs and luxury vehicles in emerging markets. Automotive manufacturers are continuously innovating electronic technologies, which create new opportunities for the application of heated seats in passenger cars. This trend is further bolstered by the emphasis on enhancing vehicle comfort and the integration of advanced climate control systems. 

Procure Complete Report (324 Pages PDF with In-depth Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/automotive-seat-heater-market-A323768

By Sales Channel

The aftermarket segment is expected to grow faster throughout the forecast period.

The aftermarket segment is anticipated to experience growth in the automotive seat heater market. One of the standardization of temperature control seats in various mid-range and high-end vehicles is helping the OEM section of the automobile seat heater industry. Seat heater replacement rates are predicted to rise due to excessive wear and tear, as well as changing climatic circumstances in cold locations, driving up aftermarket sales. When compared to OEM products, aftermarket products are more cost-effective. Furthermore, owners of vehicles without seat heaters add this equipment in the aftermarket, which boosts seat heater aftermarket sales.

By Region

Europe to maintain its dominance by 2033.

Europe is expected to maintain its dominance in the automotive heat seater market by 2033 owing to robust industrialization, infrastructural development, and growing investments in automotive and manufacturing sectors. has witnessed a surge in the popularity and necessity of automotive seat heaters. As the nation’s economy expands and consumer prosperity grows, there is a corresponding increase in the demand for vehicles equipped with advanced comfort amenities. Once considered a luxury, seat heaters are now becoming more accessible to a wider demographic, fueling their adoption among consumers.

Europe will maintain its pivotal role as a significant market for automotive seat heaters. This is primarily due to the increasing demand from end users who prioritize cabin comfort, especially in the winter months. Seat heaters are favored for their ability to significantly enhance occupant comfort during this season.

Players: –

Continental AGPanasonic CorporationGentherm IncorporatedII-VI IncorporatedRoadwire LLCRostra Precision Controls Inc.Firsten Automotive Electronics Co., Ltd.Guangzhou Tachibana Electronic Co., Ltd.SINOMASChampion Auto Systems

The report provides a detailed analysis of these key players in the global automotive seat heater market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Recent Industry News

In August 2020, Lear and Gentherm introduced INTU™ Thermal Comfort Seating with ClimateSense™ Technology.

For More In-depth Insights: https://www.alliedmarketresearch.com/automotive-seat-heater-market-A323768

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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/R E P E A T — MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement/

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September 20, 2024

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.

Date: September 20, 2024

Time: 10:30 a.m. PT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.

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SOURCE Natural Resources Canada

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Olink Proteomics Announces the ‘Olink Proteomics World’ Virtual Conference: A Novel Platform Exploring the Latest Advancements in Proteomics and Proteogenomics

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September 20, 2024

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The ‘Olink Proteomics World’ Virtual Conference will bring together scientists from around the globe to explore the latest advancements in proteomics and proteogenomics across fields such as immunology, oncology, neuroscience, aging, and inflammation on September 26th, 2024.

WALTHAM, Mass., Sept. 20, 2024 /PRNewswire-PRWeb/ — Olink Proteomics, part of Thermo Fisher Scientific, a leading provider of advances proteomics solutions, is exited to announce its upcoming virtual conference, Olink Proteomics World, on September 26th, 2024.

The digital event features presentations from esteemed scientists and provides a platform to connect with peers, identify potential collaborations, and explore advanced protein biomarker discovery tools and results.

This innovative virtual conference will bring together scientists from around the globe to explore the latest advancements in proteomics and proteogenomics across fields such as immunology, oncology, neuroscience, aging, and inflammation. The digital event features presentations from esteemed scientists and provides a platform to connect with peers, identify potential collaborations, and explore advanced protein biomarker discovery tools and results.

Our lineup of esteemed presenters will cover a wide range of topics, including:

The Aged Tumor Microenvironment: Understanding how aging influences the tumor microenvironment and its implications for cancer therapy.Infectious Diseases Dynamics: Unravelling how proteomics can enhance our understanding and management of infectious diseases.Alzheimer’s Diagnostics and Disease Monitoring: Exploring the latest tools and biomarkers for early detection and monitoring of Alzheimer’s disease.Aging Mechanisms: Insights into the biological processes of aging and how they can inform healthcare strategies.Predicting Disease Risks: Utilizing multiomics data to forecast disease risks and improve preventive measures.Genetics and Proteomics of Obesity: Investigating the complex interplay between genetics, proteomics, and obesity.Microbiome Transplantation Effects: Evaluating the impact of faecal transplants on human health and disease.Biomarker Discovery in Multiple Sclerosis: Cutting-edge research on identifying biomarkers for better diagnosis and treatment of Multiple Sclerosis.

In addition to these topics, our speakers will delve into various aspects of multiomics research, offering insights into how integrated approaches are shaping the future of personalized medicine and healthcare.

To see the full agenda and list of speakers for this event click here.

In addition to expert presentations, attendees can participate in interactive sessions, visit the digital poster hall, and engage in real-time Q&A sessions with speakers.

For further information about the event & to register for free, click here.

About Olink Proteomics
Olink’s mission is to accelerate proteomics together with the scientific community, to understand real-time biology and gain actionable insights into human health and disease. Our innovative solutions deliver highly sensitive and accurate protein quantification, giving scientists the power to investigate complex biological processes with precision.

About Labroots
Labroots is the leading scientific social networking website, & primary source for scientific trending news & premier educational virtual events & webinars & more. Contributing to the advancement of science through content sharing capabilities, Labroots is a powerful advocate in amplifying global networks & communities. Founded in 2008, Labroots emphasizes digital innovation in scientific collaboration & learning. Offering more than articles & webcasts that go beyond the mundane & explore the latest discoveries in the world of science, Labroots users can stay atop their field by gaining continuing education credits from a wide range of topics through their participation in the webinars & virtual events.

Media Contact

Akshay Masand, Labroots, 714-463-4673, akshay.masand@labroots.com, https://olink.com/ 

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