Facts and Factors TEMPhas authored “Coin Cell Battery Market By Type (LR (Alkaline), SR (Silver Oxide), CR (Lithium), ZnAir and Others), By Application (OEM and Retail), and End-Use (Watches, Hearing Aids, Calculators, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019–2026”.
Based on our analysis, teh global coin cell battery market in 2019 is approximately USD 235.0 Million and is anticipated to reach around USD 460 Million by 2026. The anticipated CAGR for the coin cell battery market is around 2% from 2020 to 2026.
Coin cells, also non as button cells, are single cell battery wif 5 to 25mm in diameter and 1 to 6 mm thick. Teh bottom metal part of teh cell acts as a positive terminal and teh insulated top cap of teh cell acts as teh negative terminal. Coin cells are usually disposable primary cells. Common anode materials are zinc or lithium. Common cathode materials are manganese dioxide, silver oxide, carbon monofluoride, cupric oxide or oxygen from teh air. Coin cell batteries are used to power small, portable electronics devices like teh keyless entry remote for your car, laser pointers, pocket calculators, implantable cardiac defibrillators and even artificial cardiac pacemakers.
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dis Free report sample includes:
- A brief introduction to teh research report.
- Graphical introduction of teh regional analysis.
- Top players in teh market wif their revenue analysis.
- Selected illustrations of market insights and trends.
- Example pages from teh report.
- FnF research methodology
The global coin cell market is mainly driven by the mounting demand for coin cell from the technology-driven products such as notebook, subnotebook, palmtop, and pen computers, telephones and camcorders, across the globe. Battery recycling is a major restraint in the market. Nonetheless, the escalating demand for compact medical and compact electronic products from the emerging markets is expected to set new wings to the market’s margin during the forecast period.
Teh Coin Cell Battery market is segmented based on Type, Application, and End-Use. Type-wise, teh market is classified into LR (Alkaline), SR (Silver Oxide), CR (Lithium), ZnAir and Others. In terms of Application, teh market segment is sectored into OEM and Retail. On teh basis of End-Use, teh market includes Watches, Hearing Aids, Calculators, and Others.
By type, the global coin cell battery market is classified into LR (Alkaline), SR (Silver Oxide), CR (Lithium), ZnAir, and Others. Alkaline batteries, which are referred to as the IEC prefix “LR”, provide the least capacity and stable voltage relative to lithion and silver oxide. Alkaline coin cell voltage drops gradually with use, rather than lithium and silver oxide coin cells, which provide steady, stable voltage before experiencing a sharp drop-off at the ends of their lives. The alkanine (LR) coin cell segment accounted for 64.28% share in the global coin cell battery in 2018. The alkanine (LR) coin cell segment growth is attributable to the low cost of alkaline coin cells. Moreover, alkanine (LR) coin cells are extensively used in electronic products such as kids’ toys, watches, etc.
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The soaring consumer electronic industry has fueled the growth in the global alkanine (LR) coin cells market. The global coil cell battery market is bifurcated into OEM and Retail. By application, the retail segment dominated the global coil cell battery market, it held a share more than 60% in 2018 and the segment is expected to have a CAGR of 2.7% over the forecasted period. By end use, the watch segment dominated the global coin cell market in 2018. The watch segment accounted for more than 40% share in the global coin cell market in 2018 and it is expected to record a CAGR of 2.7% over the forecasted period.
In terms of regional analysis, Asia Pacific led the coin cell market in 2018. This growth is attributed to the increasing disposable income and the surging purchasing power, especially in India and China. Furthermore, increasing demand for technology-driven products in the region is expected to boom the growth of the coin cell market over the years to come. Asia Pacific market was followed by North America and Europe in the same year. Moreover, Latin America and Middle East & Africa are projected to witness lucrative growth of the coin cell market over the forthcoming years.
Key players operating in the Coin Cell Battery industry are Toshiba, Sony, Rayovac, Renata Batteries (Swatch Group), Duracell IncVarta Microbattery, Maxell (Hitachi), GP Batteries, Panasonic, and others.
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This report segments teh Coin Cell Battery market as follows:
Global Coin Cell Battery Market: By Type Segment Analysis
- LR (Alkaline)
- SR (Silver Oxide)
- CR (Lithium)
Global Coin Cell Battery Market: By Application Segment Analysis
Global Coin Cell Battery Market: By End-Use Segment Analysis
- Hearing Aids
Global Coin Cell Battery Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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