Global Alkaline Battery Market 2020-2024| Evolving Opportunities with Duracell Inc. and FDK Corp. | Technavio
LONDON--(BUSINESS WIRE)--Apr 1, 2020--
The alkaline battery market is poised to grow by USD 493.35 million during 2020-2024, progressing at a CAGR of nearly 1% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled Global Alkaline Battery Market 2020-2024 (Graphic: Business Wire)
Read the 120-page research report with TOC on "Alkaline Battery Market Analysis Report by Product (Primary battery and Secondary battery), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2020-2024".
The favorable characteristics of alkaline batteries and the development of recycled alkaline batteries will lead to the growth of the market.
Alkaline batteries are gaining popularity as they offer numerous advantages such as higher energy density, longer shelf life, lower cost, easy availability and more. These batteries are available in various sizes such as AAA, AA, C, D, and 9V. This make them ideal for heavy-duty and general-purpose applications. Alkaline batteries are primarily non-rechargeable. However, their demand remains steady throughout the year as these batteries can power a device for approximately 2-4 months, after which they require replacement. Another major advantage of alkaline batteries is that they are environment-friendly and they eliminate the need for active collection and recycling for disposal. Such favorable characteristics of alkaline batteries are expected to drive market growth during the forecast period.
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Major Five Alkaline Battery Market Companies:
Camelion Batterien GmbH
Camelion Batterien GmbH operates the business under various segments such as Primary batteries, Rechargeable batteries, Chargers, Power supplies, Mobile lights, Accessories, and Promotional accessories. The company offers a wide range of alkaline batteries such as Camelion Lithium P7 Batteries, Digi Alkaline Batteries, Plus Alkaline Batteries, Camelion Lithium-ion Rechargeable Batteries, and others.
Duracell Inc. is headquartered in France and offers products through the following business units: Power banks, Alkaline batteries, Rechargeables and chargers, Specialty batteries, Coin/button batteries, and Hearing aid batteries. The company offers a wide range of alkaline batteries such as Ultra Alkaline AA Batteries and Ultra Alkaline AAA Batteries.
Energizer Holdings Inc.
Energizer Holdings Inc. is headquartered in the US and operates under various business segments, namely Americas and International. The company offers a wide range of alkaline batteries such as Energizer MAX Alkaline Batteries with 10-year shelf life and leak proof protection.
FDK Corp. is headquartered in India and offers products through the following business segments: Consumer and Industry. The company offers a wide range of alkaline batteries such as Universal Power, High Power, and Premium with leak proof protection.
Gold Peak Industries (Holdings) Ltd.
Gold Peak Industries (Holdings) Ltd. is headquartered in India and offers products through the following business segments: Electronics, Batteries, and Other investments. The company offers a wide range of alkaline batteries such as Universal Power, High Power, and Premium with leak proof protection.
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Alkaline Battery Product Outlook (Revenue, USD Million, 2020-2024)
- Primary battery
- Secondary battery
Alkaline Battery Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
- South America
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PUB: 04/01/2020 10:00 AM/DISC: 04/01/2020 10:00 AM