Mobile Battery Market Report 2026

The mobile battery market size has grown strongly in recent years. It will grow from $24.9 billion in 2025 to $26.19 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to rise in global smartphone penetration, adoption of early lithium ion cell technology, demand for longer battery life in portable devices, growth of mobile accessory market, expansion of consumer electronics manufacturing.

The mobile battery market size is expected to see strong growth in the next few years. It will grow to $32.11 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing demand for fast charging solutions, expansion of 5g enabled smartphones, rising adoption of solid state and next gen chemistries, growing need for high capacity cells for multifunction smartphones, increasing focus on sustainable battery recycling. Major trends in the forecast period include growing demand for eco friendly battery chemistries, expansion of battery management and safety technologies, rising integration of fast charging and high density cells, increasing adoption of smart battery monitoring features, growing shift towards automated large scale battery manufacturing.

The increasing global demand for smartphones is supporting the growth of the mobile battery market. The demand for mobile batteries is directly tied to mobile phone sales, as mobile phones require rechargeable batteries to function. For example, in April 2024, according to TechRadar, an online technology-focused publication, smartphone shipments rose to 289.4 million in the first quarter of 2024, compared to 268.5 million during the same period in 2023. Therefore, the rising penetration of smartphones is driving the growth of the mobile battery market.

Major companies in the mobile battery market are concentrating on developing innovative solutions, such as high-density battery technologies, to enhance energy storage capacity, extend device usage time, and provide faster charging capabilities. High-density battery solutions are advanced energy-storage systems that offer greater energy per unit of weight or volume than traditional batteries. For instance, in June 2024, OnePlus, a China-based mobile technology company, introduced its Glacier Battery technology, created in collaboration with Contemporary Amperex Technology Limited (CATL). The Glacier Battery has a 6,100 mAh capacity engineered to fit into the same space as a standard 5,000 mAh battery, achieving an energy density of 763 Wh/L - 23.1% higher than typical graphite batteries. This enhanced energy density allows for more power storage in a compact design, while the 100W fast-charging feature enables charging from 1% to 100% in just 36 minutes, addressing the needs of users with intensive mobile usage.

In January 2023, Soteria Battery Innovation Group, a U.S.-based battery safety technologies company, acquired Voltaplex for an undisclosed amount. The acquisition aims to strengthen Soteria’s capabilities in developing safer battery technologies by integrating Voltaplex’s assets, which specialize in lithium-ion energy solutions. The objective is to improve efficiency and speed up the commercialization of safer battery technology. Voltaplex Energy is a U.S.-based lithium-ion battery manufacturing company.

Major companies operating in the mobile battery market are LG Chem Ltd., SK Innovation Co. Ltd., Samsung SDI Co. Ltd., BYD Company Ltd., Sunwoda Electronic Co. Ltd., Panasonic Corporation, ZhuhAI CosMX Battery Co. Ltd., Contemporary Amperex Technology Co. Limited (CATL), Murata Manufacturing Co. Ltd., TWS Technology Co. Ltd., Desay Battery Co. Ltd., Amperex Technology Limited (ATL), China BAK Battery Co. Ltd., Varta AG, Saft Groupe S.A., Leclanché S.A., BMZ Group GmbH, Accutronics Ltd., Dantona Industries Inc., Tenergy Corporation, Energizer Holdings Inc., Eveready Industries India Ltd., Duracell Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on lithium, cobalt, and battery cell imports have raised raw material and production costs for mobile battery manufacturers, slowing supply chain efficiency and increasing retail pricing, particularly in regions dependent on Asian component imports. Smartphone and aftermarket battery segments are most affected, especially in markets with high device turnover. However, tariffs are also encouraging domestic battery assembly, diversification of sourcing, and investment in alternative chemistries that reduce reliance on tariffed materials.

The mobile battery market research report is one of a series of new reports that provides mobile battery market statistics, including mobile battery industry global market size, regional shares, competitors with a mobile battery market share, detailed mobile battery market segments, market trends and opportunities, and any further data you may need to thrive in the mobile battery industry. This mobile battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A mobile battery refers to a rechargeable battery that enables the use of a phone at any location and time. The battery is replenished using a charger specifically designed for the phone and battery. Typically, it is necessary to connect the charger to a power source, such as an electrical outlet, for recharging.

The primary types of mobile batteries include lithium-ion, lithium polymer, nickel-cadmium, nickel-metal hydride, and other variants. A lithium-ion battery, commonly known as a Li-ion battery, is a rechargeable battery composed of cells through which lithium ions move from the negative electrode to the positive electrode via an electrolyte during discharge, and vice versa during charging. Mobile batteries are available for purchase through both online and offline channels, catering to smartphones and non-smartphones alike.Asia-Pacific was the largest region in the mobile battery market in 2025. The regions covered in the mobile battery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mobile battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The mobile battery market consists of sales of nickel-cadmium (NiCd), NiMH (NiMH), lithium-ion (Li-ion), and lithium polymer (Li-pol) batteries. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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