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Alkaline Battery Market to Reach USD 10.86 Billion by 2028; Inflated Demand for Consumer Electronics to Augment Growth: Fortune Business Insights™
The Report Lists the Key Companies in this Alkaline Battery Market: Duracell Inc. (US), Energizer Holdings (US), Camelion Batterien GmbH (Germany), Gold Peak Industries (Holdings) Limited (Hong Kong), Sanyo (Japan), Sony (Japan), Maxell Holdings, Ltd. (Japan), Toshiba International Corp (US), Zhejiang Mustang Battery Co., Ltd. (China), Panasonic Corporation (Japan), FDK Corporation (Japan), GPB International Limited (Germany)
/EIN News/ Pune, India, April 29, 2021 (GLOBE NEWSWIRE) The global
alkaline battery market size is expected to reach USD 10.86 billion by 2028, exhibiting a CAGR of 4.9% during the forecast period. The growing demand for electronics among consumers such as telephones, portable stereos, watches radios, smoke detectors, electronic games, and others will have an excellent impact on the market growth, states F
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Amid the COVID-19 crisis, the global market for Alkaline Batteries estimated at US$5.8 Billion in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 1% over the period 2020-2027.
Primary Battery, one of the segments analyzed in the report, is projected to record 1.1% CAGR and reach US$4.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Secondary Battery segment is readjusted to a revised 0.7% CAGR for the next 7-year period.
tipApril 13, 2021 3
Watch Battery Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
A watch battery, also known as a button cell, is a small single-cell battery that is shaped like a squat cylinder with a diameter of 5 to 25 mm and a height of 1 to 6 mm. The cell’s bottom body and positive terminal are made of a metal can. The negative terminal is the insulated top seal. Small portable electronics devices such as wrist watches, pocket calculators, hearing aids, and other products are powered by watch batteries.
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ResearchAndMarkets.com s offering.
Amid the COVID-19 crisis, the global market for Alkaline Batteries estimated at US$5.8 Billion in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 1% over the period 2020-2027.
Primary Battery, one of the segments analyzed in the report, is projected to record 1.1% CAGR and reach US$4.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Secondary Battery segment is readjusted to a revised 0.7% CAGR for the next 7-year period.