Semiconductor

  Market Synopsis In its research report, Market Research Future (MRFR), emphasizes that the global portable battery market 2020 is expected to grow signficantly, securing a substantial market valuation of USD 18 Billion and a healthy 17% CAGR over the review period. Drivers and Restraints Through the growth of innovative devices the  portable battery pack market  is increasing. It is important to recharge battery-operated electronic devices such as cell phones, wireless devices and others from time to time, which has become a key factor affecting the growth of the portable battery industry. Factors such as growth in electric vehicle adoption, growth in the renewable sector and consumer electronics sales are expected to drive the growth of the portable battery industry. The growth of the global portable battery market is limited by factors such as fire risk, high cost and electrolyte leakage. Advances in technology such as IoT-based devices and increasing demand for new m...