Global Primary Battery Market 2018-2022
About Primary Battery
Primary batteries which are also called disposable batteries are batteries that are not rechargeable. They are used in day-today devices such as alarm clocks, remote controls, and wall clocks.
Technavio’s analysts forecast the global primary battery market to grow at a CAGR of 4.72% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global primary battery market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of primary battery.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Primary Battery Market 2018-2022
Technavio recognizes the following companies as the key players in the global primary battery market: Duracell , Energizer Holdings, Maxell Holdings, Panasonic , Saft, SPECTRUM BRANDS, Toshiba
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Legislative support for battery recycling. Primary batteries are the most commonly used type of batteries for many applications. Globally, governments are formulating regulations to recycle batteries that have harmful materials such as alkaline cells to prevent groundwater and environmental contamination. Recycling can extract useful metals from scraped batteries. This allows manufacturers to overcome cost issues associated with the production of new batteries. Companies such as Retriev Technologies and Raw Materials Company are focusing on primary battery recycling.”
According to the report, one of the major drivers for this market is Growing The demand for portable devices is increasing. High-energy pulse and a battery make mobile devices three-fifths smaller than typical mobile devices. Pulse power and batteries deliver long-term power solutions to high-end, sophisticated portable devices such as portable defibrillators and electrocardiograms (EKGs ). Pulse power technology accumulates energy and releases it when required. demand for portable medical equipment.
Further, the report states that one of the major factors hindering the growth of this market is Threat from rechargeable hearing aid solutions. The availability of rechargeable devices increases the likelihood of new purchases. With the ban of mercury-based batteries in 1996, zinc-air batteries are used in most hearing aids. Zinc-air batteries provide the highest energy output in the smallest size. Despite being small, they can power a hearing aid device for days, which makes them an ideal choice.
Duracell , Energizer Holdings, Maxell Holdings, Panasonic , Saft, SPECTRUM BRANDS, Toshiba