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Primary Battery Market Size, Share & Industry Analysis, By Type (Alkaline, Lithium, Zinc-Carbon, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101392 | Status : Ongoing

 

KEY MARKET INSIGHTS

Increasing adoption of mobile consumer units coupled with rising usage of conveniently low battery drainage equipment is projected to augment the global primary battery market size. Decreasing prices coupled with a substantial increase in voltage deliverability and shelf life owing to rising research & development activities is expected to propel the market size. A primary battery converts chemical to electrical energy through an oxidation-reduction reaction induced by a medium for ion transfer.


These batteries are also known as dry cells and mainly consists of a cathode and an anode, confined within a mixture of electrolytes to efficiently provide the required output. It is a type of portable non-rechargeable cells that have a long shelf life, low cost, little maintenance, and requires no particular disposal method after usage.

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Based on type, the primary battery market can be predominantly divided into alkaline, lithium, zinc-carbon, and others. Alkaline primary batteries have operational capabilities to work over a variety of temperatures and possess high energy density. It uses an alkaline electrolyte usually potassium hydroxide, has long-lasting performance, and are readily used in digital cameras, clocks, remote controls, and other handheld electronic devices.

Lithium primary batteries have very high electrochemical potential and have witnessed to gain momentum over time. These are compact cell packages having low weight, high cell voltage, low self-discharge, very high operating temperature, and extended useful life.

The growing demand for consumer electronics like battery-powered toys, portable media players, smoke alarms, flashlights, watches, and various others is expected to affect positively the global primary battery market. Additionally, rising production of medical devices like hearing aids coupled with increasing defense budgets to mount the development of weapons and missiles will further propel the industry outlook.

Availability of advanced rechargeable batteries having a long useful life and increased voltage output may obstruct the global primary battery market. Secondary batteries have low life cycle cost as it operates for a longer time, and have reversed chemical reaction to reuse it by connecting to an external power source.

Key Players Covered


Some of the key companies operating in the primary battery market are Duracell Inc., EEMB Battery, Toshiba Corporation, Panasonic, FDK Corporation, Excell Battery Co., Camelion Batterien GmbH, Eveready Industries India Ltd, Saft, Dongguan Large Electronic Co., Ltd, GP Batteries, Maxell Holdings, Ltd., Sony, and Wuhan FANSO Technology Co., Ltd.

Segmentation


















 ATTRIBUTE

 DETAILS

By Type



  • Alkaline

  • Lithium

  • Zinc-Carbon

  • Others



By Geography



  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)



Regional Analysis


The global primary battery market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The steep increase in consumer electronics demand, coupled with an exponential rise in the number of smart device users will cater to the Asia Pacific market growth. Significant potential to manufacture various size battery packs across countries like Japan and China will further complement the regional outlook. In Europe, strict organizational directives to minimize environmental impact and adopt sustainable energy sources for various applications is expected to influence positively the industry landscape. North America primary battery market is projected to observe substantial growth owing to the presence of advanced technologies and efficient processes to produce a wide range of batteries.

Key Industry Developments



  • In May 2019, Wuhan FANSO Technology Co., Ltd. announced to initiate production from a new facility. The manufacturing unit is set to produce lithium manganese battery packs and is automated with a capacity of up to 30 million units annually.

  • In December 2018, Toshiba Corporation declared its plan to restructure and expand battery business verticals. The company strategized to operate the segment as an independent unit and hence grow its versatility and production capacity of batteries.

  • In December 2017, Panasonic introduced new models, including cylindrical and button types, to its manganese dioxide lithium batteries collection. The launch aims at enhancing the company’s product portfolio and with efficient optimization to operate in the long temperature range.





  • Ongoing
  • 2023
  • 2019-2022

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