The global Primary Lithium Battery Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027)
Primary alkaline batteries are among the most popular battery chemistries in the non-rechargeable battery market. It has high specific energy and is cost-effective, environment-friendly, and leak-proof, even when fully discharged. Alkaline can be stored for up to 10 years, has a good safety record, and can be carried on an aircraft without being subject to UN Transport and other regulations. The Rising need for electronic devices along with growing adoption of one-time-use devices in defense and medical industry is set to fuel the global primary lithium battery market growth. Rising research & development activities to enhance the stability and operational limits of lithium cells will further augment the industry outlook. A battery is a device consisting of positive and negative electrodes submerged in a liquid medium comprising of electrolytes with cations and anions to support the current flow.While primary lithium battery is made of a mix of lithium metal with dissimilar salt with other compounds confined in a pack to generate voltage output. It is a non-rechargeable cell which is used to deliver a low discharge rate, high energy density, very long shelf life, and extensive working ranges.The key market driver for the global primary lithium battery market is the Rising need for different medical equipment. Li cells have a long history, operating in various health devices like inspection systems, oxygen meters, asset tracking tags, glucose monitors, and so on. Additionally, growing demand for hand-held electronic devices, including security systems, cameras, flashlights, toys, media players are expected to further propel the industry landscape.
Top Key Players in the Primary Lithium Battery Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Primary Lithium Battery Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include
In January 2022, researchers from Wu Zhengyan and Zhang Jia's team at the Hefei Institutes of Physical Science (HFIPS) of the Chinese Academy of Sciences (CAS), in collaboration with Donghua University, integrated nanoscale zero-valent iron with conductive carbon paint to fabricate a primary battery nanosystem and found that the nanocomposite removed Cd(II) in water quickly.
In March 2022, FDK Corporation announced the consolidation of domestic production plants to strengthen its production system for high-capacity cylindrical-type primary lithium battery production plants into a single location. FDK will terminate production at Washizu Plant and consolidate production plant at Tottori Plant. The restart of operations of production facilities at the Tottori Plant after the relocation is expected by the end of June 2022.
Primary Lithium Battery Market is segmented based on the type, applications, companies and regions.
By Type, Primary Lithium Battery Market has been segmented into
The end user’s industry application on Primary Lithium Battery Market is,
Primary Lithium Battery Market Regional Analysis
Asia-Pacific has been at the forefront in the past and is likely to continue its dominance as one of the main regions in global the primary battery market during the forecast period as well due to the region being the hotspot for the manufacturing of toys, electronic devices, like remote controls, watches, and medical equipment, like glucose monitors and blood pressure monitors.
The report offers in-depth assessment of the growth and other aspects of the Primary Lithium Battery Market in important regions, including the
North America
Primary Lithium Battery Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Primary Lithium Battery Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes | Report Details |
Report Title | Primary Lithium Battery Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hitachi Maxell, SAFT, EVE Energy, Panasonic |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Hitachi Maxell, SAFT, EVE Energy, Panasonic, FDK, Duracell, Vitzrocell, Energizer, Ultralife, Wuhan Voltec Engrgy, HCB Battery, Varta, EnerSys Ltd, EEMB Battery and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 116 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Primary Lithium Battery Market is studied from 2017 - 2027.
What is the growth rate of Primary Lithium Battery Market?
The Primary Lithium Battery Market is growing at a CAGR of 7.9% over the next 5 years.
What regions does this Primary Lithium Battery Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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