Press release
Button Cell Batteries Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
The global Button Cell Batteries market was valued at US$ 4375 million in 2022 and is anticipated to reach US$ 6264.8 million by 2029, witnessing a CAGR of 5.2% during the forecast period 2023-2029.
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A 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.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Button Cell Batteries market include Sony, Panasonic, Energizer (Rayovac), etc. The top 3 players occupy about 40% shares of the global market. North America and China are main markets, they occupy about 45% of the global market. Silver Oxide Batteries (SR) is the main type, with a share about 45%. Traditional Watch is the main application, which holds a share about 25%.
By Type
• Lithium Button Cell Batteries (CR)
• Silver Oxide Batteries (SR)
• Alkaline Button Cell Batteries (LR)
• Zinc-Air Batteries (Zinc-Air)
By Application
• Traditional Watch
• Smartwatch
• True Wireless Earphones
• Wearable Devices
• Medical Devices
Key Players
Sony, Panasonic, Energizer (Rayovac), Maxell, Toshiba, Varta Microbattery, EVE Energy, VDL, Great Power, Duracell, Renata Batteries, Seiko, Kodak, GP Batteries, Vinnic, NANFU, TMMQ
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