Strategy Analytics mobile phone component technology service recently released a research report “2021 Q4 smartphone battery market share: TDK’s ATL occupies the top spot” which pointed out that the global smartphone battery market will achieve 87% in 2021.
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Moreover, Strategy Analytics pointed out that the smartphone battery market revenue in 2021 will increase by more than 10% year on year. In terms of vendor market share, Amperex Technology (ATL) leads with a 42% market share, followed by LG Energy Solutions and Samsung SDI.
In the global smartphone battery market in 2021, the top three manufacturers account for nearly 82% of the revenue share. Jeffrey Mathews, the Senior Analyst at Strategy Analytics, commented: “The smartphone battery market continues to grow demand for high-capacity batteries for mid-to-high-end devices.
Dual-battery penetration exceeds 5%, driven by fast-charging applications. We note that major The price of battery materials has risen, leading to higher costs of smartphone batteries. In addition, the growth of battery shipments has also been affected by the reduction in smartphone production due to insufficient supply.”
Stephen Entwistle, Vice President of Strategy Analytics’ Strategic Technology Practice, commented: “Smartphones will increasingly feature high-capacity batteries. We expect that challenges posed by surging component costs will continue to impact suppliers’ battery supply chains.”
In 1999, ATL was established in Hong Kong, and Zeng Yuqun was one of the three founders. ATL seized the consumer battery market and completed two rounds of financing in 2002 and 2003.
In June 2005, the Japanese giant TDK acquired a 100% stake in ATL at a low price of US$100 million. In 2011, Zeng Yuqun spun off the power battery division from ATL by way of equity transfer and established a pure Chinese-funded company, which is the current CATL era.
