Global Non-rechargeable Lithium Battery Market Overview:
Non-rechargeable lithium batteries cannot be recharged and are used once and discarded. These batteries are known as primary batteries whose process of powering the device is irreversible. Non-rechargeable batteries are used in alarm clocks, smoke detectors, clocks, military applications, etc. The growth of non-rechargeable batteries is expected to drive as batteries offer high energy density with the low initial cost.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Market Growth Drivers:
Increasing Demand for Consumer Electronics and Rapid Development in Battery Technologies
Challenges:
Fluctuation in Prices of the Raw Material of Batteries
Restraints:
Increase in Electronic Waste hazarding Environmental and Health
Opportunities:
Growing Investments in Developing Lithium Battery Capacity and High Demand for Paper-Based Bio-Battery Powered By Bacteria
Competitive Landscape:
Non-rechargeable lithium battery market is a fragmented market as there are many existing competitors with Panasonic playing a leading role. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. A diverse product portfolio and the company's constant innovation to produce new non-rechargeable battery products are important factors in the company's leading position.
Some of the key players profiled in the report are Tesla (United States), Panasonic (Japan), Samsung (South Korea), LG (South Korea), Ambri (United States), Eveready Industries Pvt Ltd. (India), ViscoTec (United States), EaglePicher (United States), Vitzrocell (South Korea), Exide Industries Ltd (India) and Energizer (United States). Additionally, following companies can also be profiled that are part of our coverage like Hitachi Maxell (Japan), Duracell (United States), Tadiran (Israel) and EnerSys Ltd (United States). Considering Market by Industrial Use, the sub-segment i.e. Military will boost the Non-rechargeable Lithium Battery market. Considering Market by Distribution Channels, the sub-segment i.e. Offline (Retailers) will boost the Non-rechargeable Lithium Battery market. Considering Market by Voltage Range, the sub-segment i.e. 1.50 V – 1.65 V will boost the Non-rechargeable Lithium Battery market.
In June 2021, Tesla signed a new long-term battery cell contract with CATL to secure a supply of high-capacity batteries. China's largest battery manufacturer amid competition to secure large-scale battery supply in the automotive industry. The electric vehicle revolution needs massive amounts of batteries to keep growing at a rapid pace.
What Can be Explored with the Non-rechargeable Lithium Battery Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Non-rechargeable Lithium Battery Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Non-rechargeable Lithium Battery
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Non-rechargeable Lithium Battery market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Non-rechargeable Lithium Battery market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.