All updated as on -
By 2030, the market for batteries is projected to be worth $62.9 billion, expanding at a CAGR of 6.8%. Due to their high levels of efficiency, lithium-ion batteries have seen an increase in use in electric vehicles and smart grids, making them the major contributor to this expansion. Numerous consumer goods, including laptops, tablets, phones, cameras, and other gadgets, are powered by consumer batteries. Numerous battery chemistries, including lithium-ion, alkaline, zinc-carbon, nickel-cadmium, and nickel-metal hydride, may be used in these batteries. Moreover, depending on their chemistry and technology, they may be either disposable or rechargeable. In terms of toughness and power outputs, consumer batteries are different from industrial batteries.
During lockdowns, people were restricted to their houses because of the coronavirus outbreak. Remote schools and universities as well as work-from-home cultures have become very popular. Due to this, the use of mobile phones and computers throughout the time period skyrocketed. DIY projects among consumers have become more popular as a result of a shortage of laborers for household services like electricians, plumbers, and carpenters. This resulted in a rise in the use of battery-operated power tools. The widespread accessibility of these tools through online shopping channels accelerated their uptake. During the COVID-19 epidemic, these factors fueled consumer battery demand.
Consumer batteries are small, lightweight power supplies made specifically for consumer electronics. They fit a variety of consumer devices, including smartphones, computers, cameras, remote controls, toys, and other portable electronics. They are small, light, and frequently available in standardized sizes and formats. Disposable (primary) batteries and rechargeable (secondary) batteries are the two basic categories for consumer batteries.
The Consumer Battery Market is divided into sections based on location and technology. The market is divided into lithium-ion batteries, zinc-carbon batteries, alkaline batteries, nickel metal hydride batteries, nickel cadmium batteries, and other varieties based on the technology used. The market size and predictions for the consumer battery market are also included in the study, which spans several important geographical areas, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The market size and predictions for each segment have been calculated based on revenue (in USD million).
In order to identify opportunity areas for the suppliers to capitalize on, this report is being created to highlight the market opportunity by region and by segment. Understanding the current market situation and its projected future growth was crucial for estimating the opportunity. To forecast the market, production and consumption patterns are carefully compared. The expansion of the related market, the revenue growth of the major market vendors, scenario-based analysis, and market segment expansion are other elements taken into account when forecasting the market.
The market size was calculated using top-down and bottom-up market estimation techniques, which were then further validated through industry interviews. We determined the electronic components by segment aggregation, the participation of the electronic components in technology hardware & equipment, and vendor share taking into account the nature of the market. Various market growth-related elements, including drivers, trends, constraints, and opportunities, were identified, and their effects were examined to ascertain the market's expansion. We examined the market's year-over-year growth in order to comprehend the market expansion in greater detail. In order to identify growth patterns, historical growth rates were also contrasted.
People are drawn to products with new technology because it makes their lives simpler and more productive. This is expected to generate a significant market and industry growth opportunity, enabling companies to attract more clients and satisfy rising demand. With the proliferation of IoT devices, manufacturers are concentrating on offering connected devices (smart homes), and demand for smart and connected items is rising. Tools that are smart and connected are created as a result of technological breakthroughs and the use of wireless networking techniques. The production of wirelessly connected, intelligent gadgets is growing, and these items are increasingly powered by batteries. The market appears to have a decent chance of expanding within the anticipated time frame. For instance, positive market effects are projected from technical advancements, the ongoing growth of robotic cleaners, and smart gadgets like smartwatches and remote controls. Additionally, the key reason propelling the consumer battery market's expansion is the need for cordless and battery-operated gadgets in household equipment.
Report Coverage
Global Consumer Battery research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Consumer Battery report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Consumer Battery competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Consumer Battery market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Consumer Battery market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Consumer Battery market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Samsung SDI, Johnson Controls, BYD, Toshiba, Duracell, Aquion Energy, Battery Technologies, Shenzhen BAK, Panasonic Corp. (Japan), EVE Energy Co. Ltd. (China), TianJin Lishen Battery Joint-Stock Co., Ltd. (China), Renata Battery (Switzerland), Suzhou South Large Battery Co., Ltd. (China), PolyPlus (U.S.), Maxell, Ltd. (Japan), VARTA AG (Germany), GP Industrial (Singapore), LG Energy Solution (South Korea), FDK Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Energizer Holdings Inc. (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Consumer Battery market based on the below-mentioned segments:
Global Consumer Battery Market, By Type
Lithium-Ion Batteries
Zinc-Carbon Batteries
Alkaline Batteries
Others
Global Consumer Battery market, By Application
Household
Commercial
Global Consumer Battery market, Regional Analysis
During lockdowns, people were restricted to their houses because of the coronavirus outbreak. Remote schools and universities as well as work-from-home cultures have become very popular. Due to this, the use of mobile phones and computers throughout the time period skyrocketed. DIY projects among consumers have become more popular as a result of a shortage of laborers for household services like electricians, plumbers, and carpenters. This resulted in a rise in the use of battery-operated power tools. The widespread accessibility of these tools through online shopping channels accelerated their uptake. During the COVID-19 epidemic, these factors fueled consumer battery demand.
Consumer batteries are small, lightweight power supplies made specifically for consumer electronics. They fit a variety of consumer devices, including smartphones, computers, cameras, remote controls, toys, and other portable electronics. They are small, light, and frequently available in standardized sizes and formats. Disposable (primary) batteries and rechargeable (secondary) batteries are the two basic categories for consumer batteries.
The Consumer Battery Market is divided into sections based on location and technology. The market is divided into lithium-ion batteries, zinc-carbon batteries, alkaline batteries, nickel metal hydride batteries, nickel cadmium batteries, and other varieties based on the technology used. The market size and predictions for the consumer battery market are also included in the study, which spans several important geographical areas, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The market size and predictions for each segment have been calculated based on revenue (in USD million).
In order to identify opportunity areas for the suppliers to capitalize on, this report is being created to highlight the market opportunity by region and by segment. Understanding the current market situation and its projected future growth was crucial for estimating the opportunity. To forecast the market, production and consumption patterns are carefully compared. The expansion of the related market, the revenue growth of the major market vendors, scenario-based analysis, and market segment expansion are other elements taken into account when forecasting the market.
The market size was calculated using top-down and bottom-up market estimation techniques, which were then further validated through industry interviews. We determined the electronic components by segment aggregation, the participation of the electronic components in technology hardware & equipment, and vendor share taking into account the nature of the market. Various market growth-related elements, including drivers, trends, constraints, and opportunities, were identified, and their effects were examined to ascertain the market's expansion. We examined the market's year-over-year growth in order to comprehend the market expansion in greater detail. In order to identify growth patterns, historical growth rates were also contrasted.
People are drawn to products with new technology because it makes their lives simpler and more productive. This is expected to generate a significant market and industry growth opportunity, enabling companies to attract more clients and satisfy rising demand. With the proliferation of IoT devices, manufacturers are concentrating on offering connected devices (smart homes), and demand for smart and connected items is rising. Tools that are smart and connected are created as a result of technological breakthroughs and the use of wireless networking techniques. The production of wirelessly connected, intelligent gadgets is growing, and these items are increasingly powered by batteries. The market appears to have a decent chance of expanding within the anticipated time frame. For instance, positive market effects are projected from technical advancements, the ongoing growth of robotic cleaners, and smart gadgets like smartwatches and remote controls. Additionally, the key reason propelling the consumer battery market's expansion is the need for cordless and battery-operated gadgets in household equipment.
Report Coverage
Global Consumer Battery research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Consumer Battery report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Consumer Battery competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Consumer Battery market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Samsung SDI, Johnson Controls, BYD, Toshiba, Duracell, Aquion Energy, Battery Technologies, Shenzhen BAK, Panasonic Corp. (Japan), EVE Energy Co. Ltd. (China), TianJin Lishen Battery Joint-Stock Co., Ltd. (China), Renata Battery (Switzerland), Suzhou South Large Battery Co., Ltd. (China), PolyPlus (U.S.), Maxell, Ltd. (Japan), VARTA AG (Germany), GP Industrial (Singapore), LG Energy Solution (South Korea), FDK Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Energizer Holdings Inc. (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Consumer Battery Market from 2021 to 2030.
- Market Forecast for Consumer Battery Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Consumer Battery competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Consumer Battery
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Consumer Battery market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Consumer Battery market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Samsung SDI, Johnson Controls, BYD, Toshiba, Duracell, Aquion Energy, Battery Technologies, Shenzhen BAK, Panasonic Corp. (Japan), EVE Energy Co. Ltd. (China), TianJin Lishen Battery Joint-Stock Co., Ltd. (China), Renata Battery (Switzerland), Suzhou South Large Battery Co., Ltd. (China), PolyPlus (U.S.), Maxell, Ltd. (Japan), VARTA AG (Germany), GP Industrial (Singapore), LG Energy Solution (South Korea), FDK Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Energizer Holdings Inc. (U.S.)
Primary Target Market
- Market Players of Consumer Battery
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Consumer Battery market based on the below-mentioned segments:
Global Consumer Battery Market, By Type
Lithium-Ion Batteries
Zinc-Carbon Batteries
Alkaline Batteries
Others
Global Consumer Battery market, By Application
Household
Commercial
Global Consumer Battery market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive consumer battery market market research and competitor analysis for your business to help you develop more profound insights into the consumer battery market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the consumer battery market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.