Strategy Analytics has prepared a report on the global smartphone battery market. According to their calculations, the specified market in monetary terms in 2020 reached $ 7.5 billion.
This figure corresponds to an increase of 7% compared to 2019. Amperex Technology Ltd (ATL), headquartered in Hong Kong, is named the market leader by Strategy Analytics. She alone provided 42% of supplies in 2020, significantly ahead of competitors. In second place with a share of 26% is the South Korean company LG Energy. One representative of South Korea, Samsung SDI, closes the top three of the world’s leading manufacturers of batteries for smartphones. It is easy to calculate that the three listed companies together occupy 83% of the market. The distribution of revenue is clearly shown in the diagram: