Product Code: SR112023A5745
Market Overview:
The global primary battery market size reached US$ 16.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.15% during 2023-2028.
Primary batteries, also known as dry cells, are non-rechargeable and single-use galvanic cells that store electricity for convenient usage. They are environment-friendly and offer several advantages, such as reliability, instant readiness and high energy and storage. Consequently, they are used in cardiac pacemakers, which are surgically implanted into the human body. They are also utilized in various consumer products, such as remote-control garage door openers, door locks, home smoke detectors, and remote controls for televisions and stereo sets. In addition, they find applications in tire pressure gauges of vehicles, smart meters, intelligent drill bits in mining, animal-tracking, remote light beacons, wristwatches, and electric keys.
Primary Battery Market Trends:
At present, there is a rise in the demand for low battery drainage equipment across the globe. This, along with the increasing adoption of mobile consumer units, represents one of the key factors driving the market. Moreover, there is a rise in the demand for primary batteries due to efficient voltage deliverability and longer shelf life. This, coupled with the rising utilization of alkaline primary batteries due to their operational capabilities of work over a variety of temperatures and high energy density, is propelling the growth of the market. In addition, the growing production of medical devices, such as hearing aids, surgical tools, medical defibrillators, robots, infusion pumps, monitors, and meters, is positively influencing the market. Besides this, the increasing defense budget for the development of weapons and missiles is offering lucrative growth opportunities to industry investors. Apart from this, the rising need to minimize environmental impact and adopt sustainable energy sources is strengthening the growth of the market. Additionally, the increasing employment of primary batteries in the agriculture sector to power irrigation systems, sensors, wind-powered generators, and water pumps is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global primary battery market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and end use industry.
Breakup by Type:
- Primary Alkaline Battery
- Primary Lithium Battery
- Others
Breakup by End Use Industry:
- Defense
- Aerospace
- Medical
- Aviation
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Camelion Batterien GmbH, Duracell Inc., EaglePicher Technologies, Energizer Holdings Inc., FDK Corporation (Fujitsu Limited), GP Industries Limited (Gold Peak Industries Limited), Integer Holdings Corporation, Maxell Ltd. (Hitachi Ltd.), Panasonic Holdings Corporation, Saft (TotalEnergies SE) and Ultralife Corporation.
Key Questions Answered in This Report:
- How has the global primary battery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global primary battery market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global primary battery market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Primary Battery Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Primary Alkaline Battery
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Primary Lithium Battery
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by End Use Industry
- 7.1 Defense
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Aerospace
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Medical
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Aviation
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Camelion Batterien GmbH
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Duracell Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 EaglePicher Technologies
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 SWOT Analysis
- 13.3.4 Energizer Holdings Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 FDK Corporation (Fujitsu Limited)
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.6 GP Industries Limited (Gold Peak Industries Limited)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.7 Integer Holdings Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 Maxell Ltd. (Hitachi Ltd.)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 Panasonic Holdings Corporation
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Saft (TotalEnergies SE)
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Ultralife Corporation
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis