The new report by EMR titled, ‘Global Alkaline Battery Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global alkaline battery market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/alkaline-battery-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 0%
The rising application of alkaline battery in household appliances and everyday electronic gadgets including clock, radio, MP3 player, digital camera, electric trimmer, and television remote, among others is driving the market growth. Meanwhile, the growing popularity of electronic toys among children is likely to propel the demand for alkaline batteries. Furthermore, the market is anticipated to be aided by the rising disposable income, rapid urbanisation, and growing use of alkaline battery-based electronic gadgets in daily activities. In terms of region, the Asia Pacific accounts for a significant share in the market owing to the increasing working-class population in India and China, coupled with the rising standards of living in the region.
Industry Definition and Major Segments
Alkaline battery is defined as a power cell which involves the reaction between zinc and manganese oxide and is used to provide power to a number of modern electronic items. Moreover, alkaline battery carries an alkaline electrolyte which decreases the corrosion of the cell making it live longer. Major components of this product include cathode, anode gel, steel can, seal, separator, and current collector.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/alkaline-battery-market
By type, the market can be bifurcated into:
- Primary
- Secondary
Based on application, the market is segmented into:
- Consumer Electronics
- Toys
- Others
The regional markets for alkaline battery include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The growing research and development (R&D) activities by the major market players to bolster the standard of living among the middle-class population is likely to be a major trend in the market. In addition to this, the increasing sales of high-tech and modern consumer electronics will further propel the demand for alkaline batteries in the forecast period. Furthermore, the development of the retail sector will lead to the easy availability of alkaline batteries, which is anticipated to provide impetus to the market in the forecast period. The market will further be aided by the rapid development of modern and technologically driven toys for children. This will boost the sales of alkaline batteries in the forecast period.
Key Market Players
The major players in the market are Duracell Inc, Panasonic Corporation, Energizer Holdings, Inc., GPI International Limited, and Nanfu Battery, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Media Contact
Company Name: EMR Inc.
Contact Person:- Shira Ellis, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Also, Check Procurement Intelligence which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
0 Comments:
Post a Comment