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Button Cell Batteries - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Button Cell Batteries - Market SizeThe global market for Button Cell Batteries was estimated to be worth US$ 4451 million in 2023 and is forecast to a readjusted size of US$ 6763.3 million by 2030 with a CAGR of 6.3% during the forecast period 2024-2030
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Button Cell Batteries - Market
A coin cell (also known as button cell) is a small single cell battery shaped as a squat cylinder typically 5 to 25 mm in diameter and 1 to 6 mm high-like a button on a garment, hence the name. A metal can forms the bottom body and positive terminal of the cell. The insulated top cap is the negative terminal. Watch batteries are used to power small portable electronics devices such as wrist watches, pocket calculators, hearing aids and on.
The major players in global Button Cell Batteries market include Varta Microbattery, Panasonic, Murata, Energizer (Rayovac) and EVE Energy. The top 5 players occupy about 50% shares of the global market. Asia Pacific is the largest market, with a share over 45%, followed by North America and Europe with the share about 25% and 20%. Lithium Button Cell Batteries (CR) is the main type, with a share about 45%. TWS Bluetooth Headset is the main application, which holds a share about 18%.
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Segment by Type:
• Lithium Button Cell Batteries (CR)
• Silver Oxide Batteries (SR)
• Alkaline Button Cell Batteries (LR)
• Zinc-Air Batteries (Zinc-Air)
• Others
Segment by Application
• Traditional Watch and Calculators
• Hearing Aid
• TWS Bluetooth Headset
• Wearable Device
• Medical and Healthcare Device
• IoT Devices
• Automotive
• Toys
• PC & Laptops
• Others
By Company
Varta Microbattery, Panasonic, Murata, Energizer (Rayovac), EVE Energy, Maxell (Hitachi), Toshiba, Duracell, Renata Batteries (Swatch Group), Ganfeng LiEnergy (Ganfeng Lithium), GP Batteries, Guangzhou Great Power Energy, Seiko, Philips, Kodak, Vinnic, NANFU, TMMQ, Chongqing VDL Electronics, Changzhou Jintan Chaochuang Battery, Power Glory Battery Tech, New Leader Battery Limited
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