Global Primary Lithium Batteries Market Report, History and Forecast 2017-2028
Market Analysis and Insights: Global Primary Lithium Batteries Market
Due to the COVID-19 pandemic, the global Primary Lithium Batteries market size was value at US$ 2,052.06 million in 2021 and is forecast to be a readjusted size of US$ 2,945.74 million by 2028 with a CAGR of 5.35% during the forecast period 2022-2028.
The global main manufacturers of Primary Lithium Batteries include EVE Energy, SAFT, Hitachi Maxell, GP Batteries International, Energizer, Duracell, Varta, Changzhou Jintan Chaochuang Battery, etc. In 2021, the global six largest players have a share approximately 47.69% in terms of revenue.
The North America Primary Lithium Batteries market size was US$ 433.70 million in 2021, while China was about US$ 426.42 million. The proportion of the China was 20.78% in 2021 and it is predicted that the share will reach 23.65% in 2028, trailing a CAGR of 7.40% through the analysis period. As for the Europe Primary Lithium Batteries landscape, Germany is projected to reach US$ 128.62 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 2.45% and 1.85% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Lithium/Manganese Dioxide Battery (Li/MnO2) accounting for 51.59% of the Primary Lithium Batteries global market in 2021, is projected to value US$ 1,584.14 million by 2028, growing at a revised 6.04% CAGR from 2022 to 2028. While Industrial segment is altered to an 4.98% CAGR throughout this forecast period and will hold a share about 41.34% in 2028.
Global Primary Lithium Batteries Scope and Market Size
The global Primary Lithium Batteries market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Primary Lithium Batteries market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
EVE Energy
SAFT
Hitachi Maxell
GP Batteries International
Energizer
Duracell
Varta
Changzhou Jintan Chaochuang Battery
Vitzrocell
FDK
Panasonic
Murata
Wuhan Lixing (Torch) Power Sources
Newsun
Renata SA
Chung Pak
Ultralife
Power Glory Battery Tech
HCB Battery
EEMB Battery
Segment by Type
Lithium/Thionyl Chloride Battery (Li/SOCL2)
Lithium/Manganese Dioxide Battery (Li/MnO2)
Lithium Sulfur Dioxide (Li-SO2)
Others
Segment by Application
Industrial
Medical
Consumer Electronics
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
Korea
India
Taiwan
Southeast Asia
Australia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook