Consumer Battery Market to grow by USD 9.7 Bn by 2026, Supportive government regulations to boost market growth - Technavio

NEW YORK, Oct. 26, 2022 /PRNewswire/ -- The Consumer Battery Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the consumer battery market between 2021 and 2026 is USD 9.7 billion. 36% of the growth will originate from North America. Request Free Sample Report.

Key Market Dynamics:

• Market Driver
• Market Challenges

One of the main factors driving the market expansion is supportive government legislation. Lithium-ion batteries and battery-operated items are not permitted in checked luggage or onboard flights. These gadgets need to be shielded against heat production and unintentional activation. With the airline's permission, passengers may additionally bring up to two bigger Li-ion batteries.

For instance, safety requirements for primary, secondary, and lithium batteries have been established by the National Electrical Manufacturers Association (NEMA) in the US. Lithium batteries must comply with all Hazardous Materials Regulations (HMR) when transported by air, highway, rail, or sea. These factors will support market growth during the forecast period. However, the factor restricting the market growth is the growing environmental concerns. Download Free Sample Report.

North America will contribute 36% of market growth. The United States is the most important market in North America for consumer batteries. The increasing disposable income of people and spending on consumer electronics will aid the growth of the consumer battery market in North America over the forecast period. The residential market's consumer battery market share will expand significantly during the forecasted period. Leading companies in the consumer battery market have been spending money on R&D initiatives to improve performance while also lowering battery costs. This cost reduction would accelerate the use of Li-ion batteries in the residential sector during the forecasted period.

To know additional highlights and key points on various market segments and their impact in coming years, Buy Sample Report.

The market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete. 

The increasing market competition is compelling vendors to implement various growth strategies such as promotional activities and advertising spending to increase the visibility of their services. To remain competitive in the market, some vendors are pursuing inorganic growth strategies such as mergers and acquisitions.

The report analyzes the market's competitive landscape and offers information on several market vendors, including Electrochem Automation Inc, EVE Energy Co. Ltd., Eveready Industries India Ltd., FDK Corp., GP International Ltd, Jiangmen TWD Technology Co. Ltd, Johnson Controls International Plc, Maxell Ltd, Murata Manufacturing Co. Ltd., Panasonic Industry Co. Ltd., Poly Plus Battery Co., Renata SA, Samsung SDI Co. Ltd., Shenzhen PKCELL Battery Co. Ltd, Suzhou South Large Battery Co. Ltd., The BYD Motors Inc., Toshiba Corp., Ultralife Corp., VARTA Microbattery GmBH, and Duracell Inc.

• EVE Energy Co. Ltd.: The company offers consumer batteries such as NexCell consumer rechargeable batteries.
• Eveready Industries India Ltd.: The company offers consumer batteries such as consumer Li-ion batteries.
• GP International Ltd.: The company offers consumer batteries such as alkaline batteries, rechargeable batteries, and carbon zinc batteries.
• Murata Manufacturing Co. Ltd.: The company offers consumer batteries such as coin-type primary batteries.
• Panasonic Industry Co. Ltd.: The company offers consumer batteries such as Cylindrical type lithium ion secondary batteries.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Residential - Market size and forecast 2021-2026
• Exhibit 28: Chart on Residential - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Residential - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Residential - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Residential - Year-over-year growth 2021-2026 (%)

• 5.4 Commercial - Market size and forecast 2021-2026
• Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 36: Market opportunity by End-user ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Duracell Inc. 
• Exhibit 89: Duracell Inc. - Overview
• Exhibit 90: Duracell Inc. - Product / Service
• Exhibit 91: Duracell Inc. - Key news
• Exhibit 92: Duracell Inc. - Key offerings

• 10.4 Electrochem Automation Inc 
• Exhibit 93: Electrochem Automation Inc - Overview
• Exhibit 94: Electrochem Automation Inc - Product / Service
• Exhibit 95: Electrochem Automation Inc - Key offerings

• 10.5 EVE Energy Co. Ltd. 
• Exhibit 96: EVE Energy Co. Ltd. - Overview
• Exhibit 97: EVE Energy Co. Ltd. - Product / Service
• Exhibit 98: EVE Energy Co. Ltd. - Key news
• Exhibit 99: EVE Energy Co. Ltd. - Key offerings

• 10.6 FDK Corp. 
• Exhibit 100: FDK Corp. - Overview
• Exhibit 101: FDK Corp. - Business segments
• Exhibit 102: FDK Corp. - Key offerings
• Exhibit 103: FDK Corp. - Segment focus

• 10.7 Maxell Ltd 
• Exhibit 104: Maxell Ltd - Overview
• Exhibit 105: Maxell Ltd - Business segments
• Exhibit 106: Maxell Ltd - Key offerings
• Exhibit 107: Maxell Ltd - Segment focus

• 10.8 Murata Manufacturing Co. Ltd. 
• Exhibit 108: Murata Manufacturing Co. Ltd. - Overview
• Exhibit 109: Murata Manufacturing Co. Ltd. - Business segments
• Exhibit 110: Murata Manufacturing Co. Ltd. - Key news
• Exhibit 111: Murata Manufacturing Co. Ltd. - Key offerings
• Exhibit 112: Murata Manufacturing Co. Ltd. - Segment focus

• 10.9 Panasonic Industry Co. Ltd. 
• Exhibit 113: Panasonic Industry Co. Ltd. - Overview
• Exhibit 114: Panasonic Industry Co. Ltd. - Product / Service
• Exhibit 115: Panasonic Industry Co. Ltd. - Key offerings

• 10.10 The BYD Motors Inc. 
• Exhibit 116: The BYD Motors Inc. - Overview
• Exhibit 117: The BYD Motors Inc. - Product / Service
• Exhibit 118: The BYD Motors Inc. - Key offerings

• 10.11 Toshiba Corp. 
• Exhibit 119: Toshiba Corp. - Overview
• Exhibit 120: Toshiba Corp. - Business segments
• Exhibit 121: Toshiba Corp. - Key news
• Exhibit 122: Toshiba Corp. - Key offerings
• Exhibit 123: Toshiba Corp. - Segment focus

• 10.12 Ultralife Corp. 
• Exhibit 124: Ultralife Corp. - Overview
• Exhibit 125: Ultralife Corp. - Business segments
• Exhibit 126: Ultralife Corp. - Key offerings
• Exhibit 127: Ultralife Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 128: Inclusions checklist
• Exhibit 129: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 130: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 131: Research methodology
• Exhibit 132: Validation techniques employed for market sizing
• Exhibit 133: Information sources

• 11.5 List of abbreviations 
• Exhibit 134: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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