Press release
Zinc Carbon Battery Market Key Players| Nippo Batteries Co. Ltd., Eveready Industries India Ltd., Panasonic Corporation, Sony, Toshiba, FDK Corporation
In terms of value, the global zinc carbon battery was estimated to be USD 1,721.3 Million in 2018 and is expected to reach USD 1,848.0 Million by the end of 2024. The global zinc carbon battery market is anticipated to flourish at a CAGR of 1.1% over the forecast period. In terms of volume, the market is expected to account for 3,896.4 million units in 2024 from 4,286.7 million units in 2018. With growing electronic and mechanical toys market for children, batteries are becoming essential for every household. However, it is believed that rising average price, highly intense competition, and lack of innovation is believed to result in the decline of market volume in the years ahead.
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Growing Downstream Industries
The global zinc carbon battery market has been supported by low drain electronic devices, especially toys in the past few years. Nowadays, there are more electronic and mechanical toys have been produced for children, disposable batteries including zinc carbon have become a necessity for every household which is expected to further support the growth of the zinc carbon battery industry across the globe.
Low Cost Battery
The battery industry has witnessed the development of numerous batteries technology over the years. Among different battery technologies, including lead-acid, alkaline, zinc carbon, and others, the zinc carbon is still surviving due to its key advantages and low cost. Due to the low price, the zinc carbon battery used among most of the consumer electronics such as flashlights, garage door openers, fluorescent lanterns, home entertainment remote controls, kerosene heater igniters, home security devices, lamps, personal care devices, radios, stereo headsets, smoke detectors and many more. Consumers with low purchasing power prefer zinc carbon batteries due to their low cost. Zinc carbon battery also finds applications in areas other than consumer electronics, such as toys, laboratory instruments, marine depth finders, motor-driven devices, stereo headsets, and test equipment.
Barriers – Zinc Carbon Battery Market
Short Life Span
The service capacity of a zinc carbon battery cannot be predicted because the zinc carbon battery functions at different efficiencies depending upon the conditions imposed upon it. The service varies with the current drain, operating schedule, and cutoff voltage due to which the battery is also affected by the operating temperature and storage conditions. This disadvantage is also a key reason behind the falling growth of the market.
Segmentation Analysis
The zinc carbon battery market is segmented on the basis of size and application. The market is further sub-segmented by size into 9V, AA, AAA, and others. In this segment, the zinc carbon battery market for AAA-size segment is projected to grow at a robust compound annual growth rate (CAGR) to reach at a notable value by the end of 2024. Moreover, based on the application, the zinc carbon battery market is further sub-segmented into remote control, consumer electronics, toys, and others. In terms of value, global zinc carbon battery market for consumer electronics segment is expected to reach USD 1,099.4 Million by the end of 2024 from USD 1,017.4 Million in 2018 and is anticipated to grow at a CAGR of 1.2% over the forecast period, i.e., 2019-2024. In addition to this, global zinc carbon battery market for consumer electronics segment value is projected to witness a Y-O-Y growth of 0.6% in 2024.
Geographical Analysis
The report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the zinc carbon battery market, Asia Pacific is projected to capture a significant market share over the forecast period. In terms of value, Asia Pacific zinc carbon battery market is expected to reach USD 1,192.0 Million by the end of 2024. Further, the market of Asia Pacific zinc carbon battery will be receiving an opportunity of USD 70.5 Million between 2019 & 2024 and is anticipated to grow at a CAGR of 1.2% over the forecast period. In terms of volume, sales of Asia Pacific zinc carbon battery are projected to decline to 2,690.5 Million Units in 2024 from 2,937.1 Million Units in 2018.
Competitive Analysis
The report also covers detailed competitive analysis of major market players of global zinc carbon battery market, such as Nippo Batteries Co. Ltd., Eveready Industries India Ltd., Panasonic Corporation, Sony, GP Batteries International Limited, Fujitsu, Toshiba, FDK Corporation, Jiaxing Mini-Moon Battery Co., Ltd., Fujian Nanping Nanfu Battery Co. Ltd and other key & niche players. The global zinc carbon battery market is witnessing a wide range of industry activities such as product launch, acquisition, partnership and expansion across the globe.
Timeline Considered for Analysis:
- 2018: Base Year
- 2019: Estimated Year
- 2019 to 2024: Forecast Period
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Table of Contents:
1. Preface
1.1. Research Methodology
1.2. Geographic Scope
1.3. Years Considered
2. Executive Summary
3. Introduction
3.1. General Information
3.2. Fields of Application
3.3. Manufacturing Process
3.4. Raw Materials
4. Competitive Landscape
4.1. Global Zinc Carbon Battery Market, By Value
4.2. Global Zinc Carbon Battery Market, By Volume
5. Zinc Carbon Battery Supply, By Region
5.1. Global Zinc Carbon Battery Revenue, By Region
5.1.1. North America
5.1.2. Europe
5.1.3. Asia-Pacific
5.1.4. Latin America
5.1.5. Middle East and Africa
5.2. Global Zinc Carbon Battery Volume, By Region
5.2.1. North America
5.2.2. Europe
5.2.3. Asia-Pacific
5.2.4. Latin America
5.2.5. Middle East and Africa
6. Growth Drivers & Barriers in Global Zinc Carbon Battery Market
7. Global Zinc Carbon Battery Market Trends
8. Opportunities in Global Zinc Carbon Battery Market
9. Recent Industry Activities, 2018
10. Porter's Five Forces Analysis
11. Market Value Chain and Supply Chain Analysis
12. Global Zinc Carbon Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
13. Global Zinc Carbon Battery Market Segmentation Analysis, By Size
13.1. Introduction
13.2. Market Attractiveness, By Size
13.3. BPS Analysis, By Size
13.4. 9V Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
13.5. AA Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
13.6. AAA Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
13.7. Other Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
14. Global Zinc Carbon Battery Market Segmentation Analysis, By Application
14.1. Introduction
14.2. Market Attractiveness, By Application
14.3. BPS Analysis, By Application
14.4. Remote Control Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
14.5. Consumer Electronics Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
14.6. Toys Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
14.7. Other Application Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15. Geographical Analysis
15.1. Introduction
15.2. North America Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.1. By Size
15.2.1.1. Introduction
15.2.1.2. Market Attractiveness, By Size
15.2.1.3. BPS Analysis, By Size
15.2.1.4. 9V Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.1.5. AA Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.1.6. AAA Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.1.7. Other Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.2. By Application
15.2.2.1. Introduction
15.2.2.2. Market Attractiveness, By Application
15.2.2.3. BPS Analysis, By Application
15.2.2.4. Remote Control Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.2.5. Consumer Electronics Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.2.6. Toys Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.2.7. Other Application Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.3. By Country
15.2.3.1. Introduction
15.2.3.2. Market Attractiveness, By Country
15.2.3.3. BPS Analysis, By Country
15.2.3.4. U.S. Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.2.3.5. Canada Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3. Europe Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.1. By Size
15.3.1.1. Introduction
15.3.1.2. Market Attractiveness, By Size
15.3.1.3. BPS Analysis, By Size
15.3.1.4. 9V Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.1.5. AA Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.1.6. AAA Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.1.7. Other Battery Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.2. By Application
15.3.2.1. Introduction
15.3.2.2. Market Attractiveness, By Application
15.3.2.3. BPS Analysis, By Application
15.3.2.4. Remote Control Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.2.5. Consumer Electronics Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.2.6. Toys Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.2.7. Other Application Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3. By Country
15.3.3.1. Introduction
15.3.3.2. Market Attractiveness, By Country
15.3.3.3. BPS Analysis, By Country
15.3.3.4. Germany Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3.5. United Kingdom Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3.6. France Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3.7. Italy Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3.8. Spain Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3.9. Russia Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
15.3.3.10. Rest of Europe Market Value (USD Million), Market Volume (Million Units), Forecast & Y-o-Y Growth Analysis, 2018-2024
Continue….
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