About Mercury Battery
Mercury battery is a non-rechargeable electrochemical battery, a primary cell. Mercury batteries use a reaction between mercuric oxide and zinc electrodes in an alkaline electrolyte. The voltage during discharge remains practically constant at 1.35 volts, and the capacity is much greater than that of a similarly sized zinc carbon battery.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is highly fragmented with the presence of various players in the market. Some of the key strategies followed by the players operating in the global lithium foil market were innovation, product development, acquisition, and expansion. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Energizer (United States), Duracell(United States), Hitachi Maxell (Japan), SAFT (France), Panasonic (Japan), Toshiba (Japan), Vitzrocell (South Korea) and Ultralife (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are EVE Energy (China), FDK (Japan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Mercury Battery market by Type (Button Cells and Cylindrical Types), Application (Consumer Electronics, Household Electric Appliances, Industry, Medical Equipment and Others) and Region.
On the basis of geography, the market of Mercury Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Zinc anode will boost the Mercury Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Mercury Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Smart Devices as well as Other Industrial Goods
Market Growth Drivers:
Upsurge in Demand for Plug-In Vehicles across the World and Growing Demand for Smart Devices and Other Industrial Goods
Challenges:
High Cost as Compared to NiCd Battery
Restraints:
Safety Issues Related to Storage as well as Transportation of Spent Batteries
Opportunities:
Developing Application within the Energy Sector across the World and Growing Demand from Emerging Market such as China, India, Brazil, among others
Market Leaders and their expansionary development strategies
In December 2023, Mercury Ev-Tech Limited acquired remaining 20% stake in Powermetz Energy Private Limited from Darshankumar Shah for INR 1.06 million
In August 2023, Mercury Marine, a division of Brunswick Corporation introduced the Avator™ 20e and 35e electric propulsion systems. The new models join Mercury’s electric propulsion lineup alongside the award-winning Avator 7.5e outboard, which launched at the Consumer Electronics Show (CES) in January. Two more electric outboard products will be unveiled in the coming months as Mercury advances on its commitment to be the leader in electric propulsion.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.