The Global Lithium Primary Batteries Market Report by The Business Research Company covers lithium primary batteries market drivers and restraints, lithium primary batteries market size, major players, and the impact of COVID-19 on the lithium primary batteries market.
The lithium batteries market consists of sales of batteries that use lithium metal or lithium compounds as an anode by entities (organizations, sole traders and partnerships) that manufacture lithium primary batteries. Only goods and services traded between entities or sold to end consumers are included.
Increasing demand for consumer electronics contributed to the growth of the lithium primary batteries market. Non-rechargeable primary batteries such as dry-batteries and button-type batteries are commonly used in appliances like remote controls for TVs, clocks, and toys.
The global lithium primary batteries market is expected to grow from $11.28 billion in 2020 to $12.24 billion in 2021 at a compound annual growth rate (CAGR) of 8.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $19.07 billion in 2025 at a CAGR of 11.7%.
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Some lithium primary batteries market trends include the launch of paper-based bio-battery powered by bacteria and has created immense demand in the lithium primary batteries market. Paper has unique edges as a material for biosensors. With its unique advantages as a material for biosensors, it is being used in the development of paper-based bio-battery.
Global lithium primary batteries market segments include:
1) By Type: Lithium/Thionyl Chloride Battery (Li/Socl2), Lithium/Manganese Dioxide Battery (Li/Mno2), Lithium/Polycarbon Monofluoride Battery (Li/Cfx).
2) By Application: Aerospace And Defense, Medical, Industrial, Others.
3) By Voltage: Less than 4.5V, 4.6V to 12V, 13V to 18V, 19V to 24V, 25V to 36V, 37V to 48V, Above 48V.
4) By Operation: Rechargeable, Non-rechargeable.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Lithium Primary Batteries Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides lithium primary batteries market overviews, analyzes and forecasts market size, share, lithium primary batteries market players, lithium primary batteries market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The lithium primary batteries market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Lithium Primary Batteries Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Hitachi Maxell, Ultralife, Energizer, FDK Corporation, Tadiran, Vitzrocell, EVE Energy, Panasonic, SAFT, Varta, Duracell, EnerSys Ltd., Gp Batteries, Excell Battery Co., Bren-tronics.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Lithium Primary Batteries Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Lithium Primary Batteries Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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