Consumer Batteries Global Market to Reach $60.3 Billion by 2030: Healthy Trajectory Across Key Product Categories Sustains Progressive Growth in Consumer Batteries Market

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Global Market for Consumer Batteries

Global Market for Consumer Batteries

Dublin, March 15, 2023 (GLOBE NEWSWIRE) -- 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 Attributes:

Report Attribute	Details
No. of Pages	559
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$45.1 Billion
Forecasted Market Value (USD) by 2030	$60.3 Billion
Compound Annual Growth Rate	3.7%
Regions Covered	Global

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/etbjt6

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• Global Market for Consumer Batteries

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