Global Watch Battery Market Growth 2023-2029

Global Watch Battery Market Growth 2023-2029

A watch battery or 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.

LPI (LP Information)' newest research report, the “Watch Battery Industry Forecast” looks at past sales and reviews total world Watch Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected Watch Battery sales for 2023 through 2029. With Watch Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Watch Battery industry.

This Insight Report provides a comprehensive analysis of the global Watch Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Watch Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Watch Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Watch Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Watch Battery.

The global Watch Battery market size is projected to grow from US$ 3795.8 million in 2022 to US$ 3660.1 million in 2029; it is expected to grow at a CAGR of 3660.1 from 2023 to 2029.

The market for watch battery is competitive with players such as Sony, Maxell (Hitachi),Panasonic, Renata Batteries (Swatch Group), Varta (Rayovac), Seiko , Toshiba , Energizer, Duracell , GP Batteries, Vinnic, NANFU, TMMQ, EVE Energy, Camelion Battery, and so on. Among them, Sony is the global leading supplier, with about 18% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Watch Battery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

LR (Alkaline)

SR (Silver Oxide)

CR (Lithium)

Others

Segmentation by application

Traditional Watch

Smartwatch

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Sony

Maxell(Hitachi)

Panasonic

Renata Batteries(Swatch Group)

Varta(Rayovac)

Seiko

Toshiba

Energizer

Duracell

GP Batteries

Vinnic

NANFU

TMMQ

EVE Energy

Camelion Battery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Watch Battery market?

What factors are driving Watch Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Watch Battery market opportunities vary by end market size?

How does Watch Battery break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.