NEW YORK, November 28, 2022 /PRNewswire/ — The primary battery market the size is intended for increases by $6.22 billion from 2022 to 2027, at a CAGR of 6.36%, according to recent Technavio market research. Market growth will be driven by the growing demand for portable medical equipment, the growing consumer electronics market demand, and the favorable characteristics of primary batteries.

Technavio categorizes primary battery market as part of the health equipment renewable electricity market, that covers companies engaged in the production and distribution of electricity from renewable sources.
Graphs and tables of market size and segment data for a historical period of five years (2017-2021) have been covered in this report. Download sample report
Technavio has analyzed in detail 15 major suppliers, including Amara Raja Batteries Ltd., Camelion Batteries GmbH, Dongguan Large Electronics Co. Ltd., EaglePicher Technologies LLC, Energizer Holdings Inc., EnerSys, EVE Energy Co. Ltd., Fujitsu Ltd., GP Industries Ltd., Hitachi Ltd., Integer Holdings Corp., Panasonic Holdings Corp., Samsung SDI Co. Ltd., Sony Group Corp., The Duracell Co., Toshiba Corp., TotalEnergies SE, Ultralife Corp., VARTA AGand Zhejiang Mustang Battery Co. Ltd.
Key Benefits for Industry Players and Stakeholders –
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The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
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It also provides detailed analyzes of the market competition landscape and vendor product offerings.
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The report also provides qualitative and quantitative vendor analysis to help clients understand the broader business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize providers as pure play, category-focused, industry-focused, and diverse; it is analyzed quantitatively to rank vendors as dominant, leading, strong, tentative, and weak.
Developing operations in the future – To get the necessary details, request a custom report.
Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Shopping Cart, Adoption Rates and Buying Criteria by Technavio
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One of the essential elements of the customer landscape is price sensitivity, whose analysis will help companies refine marketing strategies to gain competitive advantage.
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Another key aspect is price sensitivity factors (purchases are undifferentiated, the purchase is a key cost for buyers, and the quality is not important), who range between DOWN and UP.
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Additionally, market adoption rates for all regions have been covered.
Download sample to gain holistic insight into the Primary Battery Market from industry experts to assess and develop growth strategies.
The market is segmented by end user (defense, medical and others) and by type (alkaline battery, lithium battery and others).
Segmentation by end user (Inclusion/Exclusion)
The defense segment has gradually developed in $8.02 billion between 2017 and 2021. In the defense sector, primary batteries are used in most weapon systems, especially in portable devices. They are lightweight equipment that provides higher energy. Market growth in the defense segment is fueled by changes in military techniques, demand for modern high-tech combat systems, increased demand for surveillance drones, and increased use of mobile technologies and unmanned aerial vehicles.
For detailed information on inclusions and exclusions, purchase report.
Related Reports –
Secondary Battery Market by Technology and Geography – Forecast and Analysis 2022-2026 – the size is estimated at increases by $71.02 billion from 2021 to 2026, with an accelerated CAGR of 12.51%, according to recent Technavio market research. Additionally, this report broadly covers market segmentation by technology (lead-acid, lithium-ion and others) and geography (APAC, Europe, North Americathe Middle East and Africaand South America).
Stationary Lead-Acid (SLA) Battery Market by End User and Geography – Forecast and Analysis 2022-2026 – the size is estimated at increases by $4.46 billion from 2021 to 2026, with an accelerated CAGR of 8.88%, according to recent Technavio market research. Increasing investments in green telecommunications is one of the key drivers for market growth.
What is the Key Data Covered in the Primary Battery Market?
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CAGR of the market over the forecast period
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Detailed information on the factors that will boost the growth of the primary battery market between 2023 and 2027
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Accurate estimation of the size of the primary battery market size and its contribution to the parent market
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Accurate predictions on upcoming trends and changes in consumer behavior
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Growth of primary battery market through APAC, North America, Europe, Middle East and Africaand South America
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In-depth analysis of the market competitive landscape and detailed vendor information
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Complete analysis of the factors that will test the growth of primary battery market sellers
Primary Battery Market Scope |
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Report cover |
Details |
Page number |
120 |
Year of reference |
2022 |
Historical period |
2017 -2021 |
Forecast period |
2023-2027 |
Growth momentum and CAGR |
Accelerate at a CAGR of 6.36% |
Market Growth 2023-2027 |
$6.22 billion |
Market structure |
Fragmented |
Annual growth (%) |
5.28 |
Regional analysis |
APAC, North America, Europe, South America, Middle East and Africa |
Performance contribution |
Europe at 31% |
Key countries |
United States, China, Japan, Germany and United Kingdom |
Competitive landscape |
Leading companies, positioning of vendors in the market, competitive strategies and industry risks |
Profiled companies |
Amara Raja Batteries Ltd., Camelion Batteries GmbH, Dongguan Large Electronics Co. Ltd., EaglePicher Technologies LLC, Energizer Holdings Inc., EnerSys, EVE Energy Co. Ltd., Fujitsu Ltd., GP Industries Ltd., Hitachi Ltd., Integer Holdings Corp., Panasonic Holdings Corp., Samsung SDI Co. Ltd., Sony Group Corp., The Duracell Co., Toshiba Corp., TotalEnergies SE, Ultralife Corp., VARTA AG and Zhejiang Mustang Battery Co. Ltd. |
Market dynamics |
Parent market analysis; Market Growth Drivers and Barriers; Analysis of fast growing and slow growing segments for the forecast period |
Customization overview |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
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Contents
1. Summary
2 Market landscape
3 Market sizing
4 Five forces analysis
5 Market Segmentation by End User
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic landscape
9 drivers, challenges and trends
10 Supplier Landscape
11 Vendor Analysis
12 Appendix
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Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.
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