Global Primary Battery Market 2020-2024
Technavio has been monitoring the global primary battery market and it is poised to grow by USD 4.39 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on global primary battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing demand for portable medical equipment. In addition, increased demand from consumer electronics market due to high consumer spending is anticipated to boost the growth of the global primary battery market as well.
Technavio’s global primary battery market is segmented as below:
Key Trends for global primary battery market growth
This study identifies increased demand from consumer electronics market due to high consumer spending as the prime reasons driving the global primary battery market growth during the next few years.
Prominent vendors in global primary battery market
We provide a detailed analysis of around 25 vendors operating in the global primary battery market, including some of the vendors such as Duracell Inc., Energizer Holdings Inc., Enersys, FDK Corp., Maxell Holdings Ltd., Panasonic Corp., Saft Groupe SA, Sony Corp., Toshiba International Corp. and Zhejiang Mustang Battery Co. Ltd. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook