Global Silver Oxide Battery Market was valued $15.76 Billion in 2018, and is projected to reach $21.46 Billion by 2026; with a CAGR of 4.3% from 2019 to 2026. Asia-Pacific is a dominant market holding a major market share, driven by growing demand for silver oxide batteries in China, India, and Japan.
The major factors driving the global silver oxide battery market are high operating voltage, flatter discharge curve, and resistance to shock. Moreover, acceleration and availability in varying voltages have also increased the demand among different industry verticals. However, the increasing expense of silver in the silver oxide batteries may hinder the market. Further, the growing application of small button silver oxide batteries in digital and analog watches, portable electronics, calculators, and toys is expected to bolster the market in the future years.
The global silver oxide battery market is segmented by application type, and geography. The application type segment covers toys, electronics, medical equipment, defense & aerospace, and others. By geography, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW).
The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico, while Europe covers UK, Germany, France, Italy, and Rest of Europe. China, Japan, India, Korea, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, the Middle East, and Africa.
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply side to come to an accurate scenario. Products across application and application across geographies have been mapped to provide you a precise competitive scenario to have a leading edge in the market.
Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also part of the report. Top players in the global silver oxide battery market are Panasonic Corporation, Energizer Holdings, Maxwell Technologies, Inc., Seiko Instruments Inc., Berkshire Hathaway Inc., Sony Corporation, Toshiba Corporation, Renata SA, Camelion Battery, and Varta AG.
The Highlights of the Report
Scope of the Global Silver Oxide Battery Market
• North America
o Rest of Europe
o Rest of Asia-Pacific
• Rest of the World
o Central & South America
o The Middle East