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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
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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