Booming Digital World Spells Opportunities for Consumer Batteries

DUBLIN, March 15, 2023 /PRNewswire/ — The “Consumer Batteries: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global market for Consumer Batteries estimated at US$45.1 Billion in the year 2022, is projected to reach a revised size of US$60.3 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.

Primary Alkaline, one of the segments analyzed in the report, is projected to record a 2.4% CAGR and reach US$15.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Primary Zinc Carbon segment is readjusted to a revised 0.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.7 Billion, While China is Forecast to Grow at 5.4% CAGR

The Consumer Batteries market in the U.S. is estimated at US$8.7 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$15.4 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.5 Billion by the year 2030.

Select Competitors (Total 112 Featured) –

• Battery Technology Inc.
• BYD Company Ltd.
• Duracell Inc.
• Electrochem Automation Inc.
• Energizer Holdings, Inc.
• FDK Corp.
• Jiangmen TWD Technology Co., Ltd.
• LG Chem
• Maxell Holdings, Ltd.
• Panasonic Corp.
• Samsung SDI Co. Ltd.
• Spectrum Brands, Inc.
• Tohoku Murata Manufacturing Co., Ltd.
• Tronic Technology Global Ltd.
• Ultralife Corp.
• VARTA Consumer Batteries GmbH & Co. KGaA

What`s New for 2023?

• Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies – Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Battery: An Introduction
• Evolution of Battery over the Years: A Snapshot
• Major Applications in Conjunction with Historical Developments
• Consumer Batteries: Designed to Power Small, Portable Devices
• Widely Used Consumer Batteries by Size: A Snapshot
• A Brief Overview of Key Consumer Battery Types by Chemistry
• Primary Alkaline Batteries
• Primary Zinc Carbon (Zn-C) Batteries
• Primary Lithium Batteries
• Secondary Lithium Ion Batteries
• A Comparative Review of Key Properties of Different Li-ion Batteries
• Li-Ion vs Ni-MH vs Ni-Cd: Key Technical Aspects
• Secondary Nickel-Metal Hydride (Ni-MH) Batteries
• Other Types
• Consumer Batteries: Current Market Scenario and Outlook
• While Developed Regions Remain Primary Revenue Contributors, Developing Regions Exhibit Fast Paced Growth
• World Consumer Batteries Market (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
• World Consumer Batteries Market – Geographic Regions Ranked by CAGR (Revenues) for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, Europe, Canada, Japan, and USA
• Emerging Technologies Offer Growth Opportunities
• Market Dynamics Influenced by Economic Scenario
• Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
• Consumer Batteries – Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Hearing Aid Battery Market Share Breakdown of Key Players: 2019
• Key Industry Activities (2017-2019)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Healthy Trajectory across Key Product Categories Sustains Progressive Growth in Consumer Batteries Market
• Global Consumer Electronics Market (In US$ Billion) for the Years 2018 through 2024
• Smartphones
• Milestones in Mobile Phone Battery Domain: A Snapshot
• Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
• Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
• Average Battery Life of Select Latest Smartphone Models
• Tablet PCs
• Worldwide Unit Shipments of Tablet PCs (in Millions) for the Years 2019, 2021 and 2023
• Laptop PCs
• Milestones in Laptop Battery Domain: A Snapshot
• Worldwide Unit Shipments of Laptops (in Millions) for the Years 2019, 2021 and 2023
• Bluetooth Wireless Consumer Electronic Accessories
• Range of Bluetooth Devices by Class
• Wearables
• Recent Advancements in Wearable Device Battery Domain: A Snapshot
• Global Wearable Device Shipments in Million Units for the Years 2017, 2019 and 2021
• Consumer Drones
• Recent Advancements in Consumer Drone Battery Domain: A Snapshot
• Booming Digital World Spells Opportunities for Consumer Batteries
• Expanding Internet User Base & Consumer Appetite for Digital Media: Key Traits of Modern Digital World
• Global Internet User Penetration Rate (in %) for the Years 2014, 2016, 2018, 2020, 2022 and 2024
• Social Media and Social Networking
• Active Users (in Millions) for Leading Social Network Sites (H1 2019)
• Online Video Gaming
• Voice over Internet Protocol (VoIP)
• Smart Home and Home Automation Instigate New Line of Opportunities
• SEGMENTAL PERSPECTIVE
• Lithium Ion (Li-Ion) Emerges as Major Product Category within the Consumer Batteries Market
• Bright Prospects Ahead for Consumer Li-Ion Battery Market
• World Lithium-Ion Battery Market by End-Use Market (2019 & 2025): Percentage Breakdown of Revenues for Consumer Electronics, Automotive, Aerospace & Defense, Marine, Healthcare, and Other End-Uses
• World Consumer Li-Ion Rechargeable Battery Market by Application (2019): Percentage Breakdown of Volume Shipments for Mobile Phone, Notebook PC, Tablet PC and Others
• Declining Trend in Battery Prices Amplifies Demand Growth
• Li-ion Battery Price Outlook: Prices in $/kWh for the Years 2010, 2015, 2020, and 2025
• Raw Material Dynamics Favor Progressive Momentum
• Lithium Content (in Gram) in Consumer Batteries by Battery Type
• Cost Structure of Consumer-Grade Li-ion Battery (in $/kWh) by Cost Component
• Cathode Active Materials in Li-ion Battery Manufacturing by Material (2019 & 2025): Percentage Volume Breakdown for LFP, LiCoO2, LMO, NCA, and NMC
• Anodes (Carbon) in Li-ion Battery Manufacturing (2019): Percentage Volume Breakdown by Carbon Material
• Li-Ion Battery: Leading Materials Suppliers
• Global Li-ion Battery Anode Materials Market by Leading Manufacturers (2019): Percentage Value Breakdown by Supplier
• Global Li-ion Battery Market by Leading Suppliers of Electrolyte (2019): Percentage Volume Breakdown by Supplier
• Global Li-ion Battery Market by Leading Suppliers of Separator (2019): Percentage Value Breakdown by Supplier
• Insight into Reserves & Supply of Lithium, the Key Raw Material
• Global Lithium Reserves in Thousand Metric Tons by Select Countries
• Global Lithium Mine Production in Metric Tons by Country for 2017 and 2018
• Increased R&D Investments Spur Market Momentum
• Addressing Challenges: Need of the Hour
• Need to Resolve Flaws in Lithium-ion Batteries
• Issues Impeding Growth
• Alkaline: Major Primary Consumer Battery Type
• STable Growth on the Cards for Alkaline Batteries Market
• Zinc-Carbon Battery Segment Continues to Sustain Demand
• Primary Lithium Batteries Exhibit Faster Growth
• Nickel Metal Hydride (NiMH): A Mature Technology, Yet Strong in Consumer Applications
• World NiMH Rechargeable Battery Market by Application (2019): Percentage Breakdown of Value Sales for Cordless Phones, General Electronics, HEV, and Others
• Fading Demand for NiCd Batteries
• World NiCd Battery Market by Application (2019): Percentage Breakdown of Value Sales for Power Tools, Security Lighting, Toys and Others
• Zinc Air Batteries: An Insight
• Aluminum-Air Batteries Seek Opportunities
• Lithium Polymer Battery Emerge as New High Growth Variant
• Futuristic Battery Technology Trends Augur Well for Market Expansion
• Pre-Charged Ready-to-Use Rechargeable Batteries Enthuse Consumers
• Curved Batteries Gaining Heightened Attention
• New Generation Smart Power Batteries Emerge in the Market
• Longer Lasting Batteries Come to the Fore
• Eco-Friendly Green Batteries: The New Flavor
• Product Innovations & Advancements Widen Business Prospects for Consumer Batteries Market
• Battery Chemistry Improvements Augment Innovations & Advancements
• Manufacturing Process Improvements Strengthen R&D Programs
• Nanotechnology Steps In to Create a Difference in the Battery Making
• Continued Efforts to Develop Advanced Li-ion Batteries with High Density, Low Footprint, and Quick Charge Features
• Carbon Electrodes Aid in Development of High Performance Batteries
• New Approach for Manufacturing Semisolid Li-ion Battery
• Innovative Battery Technology from Amprius
• Gbatteries BatteryBox with 50Whr Backup Capacity
• Li-ion Battery with Lithium Borohydride Designed in Japan
• Wearables Amplify the Need for Consumer Battery Innovations
• Inbuilt Power Sources for Wearable Devices to Transform Existing Approaches
• Infusion of New Materials Augments Battery Improvements
• A Note on World Battery Materials Market
• World Battery Materials Market by Region (2019): Percentage Breakdown of Material Demand for North America, Western Europe, Asia-Pacific and Rest of World
• Select Consumer Battery Innovations and Launches
• Battery Recycling Market Exhibiting STable Growth
• Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
• Rapid Growth in Urban Households
• World Urban Population in Millions: 1950-2050
• Percentage of Urban Population in Select Countries (2018 & 2050)
• Growing Affluence of Middle Class Consumer Segment
• Global Middle Class Spending (in US$ Trillion) by Geographic Region: 2017, 2025 & 2030
• Rising Living Standards
• Issues & Challenges
• Development of Energy-Dense, Affordable Consumer Battery Remains Elusive
• Constraints and Challenges on the Path of Innovations
• Competition from Emerging Battery Technologies
• Portable Fuel Cell Batteries
• Biofuel Cell
• Super Charge Ion Battery (SCiB)
• Prevalence of Unorganized Players
• Counterfeit Products
• Declining Margins

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vrxdcu

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