Military Battery Industry Size To Expand at a Notable CAGR Of 5.20% During 2018 – 2023

Posted November 12, 2020 by nita01

Disposable Batteries Industry is expected to expand at 5.20% CAGR during the period 2018 to 2023.
Key Players
Some of the key players in the global disposable batteries Industry are Duracell Batteries Ltd (US), Energizer Battery, Inc. (US), Panasonic Corporation (Japan), GP Batteries Intl (Singapore), Everyday Battery Company (US), Rayovac (US), Nbcell Battery (China), Battco (US), Sony (Japan), Southwest Electronic Energy Group (US), and Liebherr Group (Switzerland).
Disposable Batteries Industry is expected to expand at 5.20% CAGR during the period 2018 to 2023.
Industry Highlights
Disposable batteries, also known as dry batteries, are non-rechargeable batteries with high energy density and an extended life span. In these batteries, the cathode and anode are made of manganese oxide zinc powder, respectively. Their electrolytes are made of potassium hydroxide. After a while, the reaction created during energy production corrodes the anode and prevents further reactions, resulting in a dead battery. End users prefer these batteries as they are convenient to use and are less expensive compared to rechargeable batteries.
On the basis of type, the Industry is segmented as alkaline and nickel-cadmium. The alkaline sub-segment is expected to dominate the Industry during the forecast period as these batteries are widely used in the daily use gadgets due to their long shelf-life and environment-friendly nature. Moreover, these batteries are majorly used in household items such as MP3 players, clock, CD players, lights, remotes, and radios.
The disposable batteries Industry is expected to grow at ~5.20% CAGR during the forecast period.
Industry Research Analysis
Asia-Pacific is expected to be the fastest growing Industry for disposable batteries, globally, during the forecast period.
Region wise, in 2017, Asia-Pacific held the largest Industry share of the global disposable batteries Industry. It is estimated that Asia-Pacific would be the largest Industry during the forecast period, owing to the increasing demand for consumer electronics products in countries, such as India, China, US, and Japan.

Scope of the Report
This report provides an in-depth analysis of the global disposable batteries Industry, tracking two Industry segments across five geographic regions. The report studies key Industry players, providing a five-year annual trend analysis that highlights Industry size, and share for North America, Asia-Pacific (APAC), Europe, the Middle East & Africa, and South America. The report also provides a forecast, focusing on the Industry opportunities for the next five years for each region. The scope of the study segments the disposable batteries Industry by its type, end-use, and region.
By Type

By End-Use

Consumer Electronics
Military & Defense
By Region

North America
Middle East & Africa
South America
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Country Italy
Categories Aerospace
Tags Military Battery Industry
Last Updated November 12, 2020