The Global Primary Batteries Market Was Valued At $29 Billion In 2017 According To TBRC’s Latest Report

The primary batteries manufacturing market comprises establishments manufacturing disposable flashlight batteries, dry cells, lithium batteries and watch batteries. Primary batteries are small single use batteries that generate electric power...

The primary batteries manufacturing market comprises establishments manufacturing disposable flashlight batteries, dry cells, lithium batteries and watch batteries. Primary batteries are small single use batteries that generate electric power from chemical reactions that occur between the terminals and the electrolyte in the battery. These are mostly used in portable devices that require low current.

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The global primary batteries market was valued at $29 billion in 2017, and is expected to be driven by increasing concerns for energy conservation, as consumers are shifting towards battery operated equipment from energy driven equipment. Asia Pacific was the largest geographic region in the market in 2017, accounting for four-fifth of the global market share.

 

The primary batteries market in The Business Research Company’s report is segmented into alkaline, lithium, and others – primary batteries.

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China was the largest country in the secondary batteries market in 2017, accounting for nearly three-fifth of the global market share. China was followed by India and Japan as the next largest countries in the market.

The top five competitors in the market are Panasonic Corporation, Duracell, Energizer, Hitachi Maxell, and EnerSys Ltd. It manufactures and sells electronic and electrical products. Its automotive & industrial systems segment offers batteries like lithium ion dry batteries and automotive batteries, and other electrical components like electric motors and semiconductors, etc. It is headquartered in Kadoma, Japan.

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Manufacturing
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