You might wonder how Button Cell Market will look like in the foreseeable future and what will matter in terms of strategies. Here’s The Global and United States Button Cell Market Report 2021 for you and your industry. It will help you understand, formulate and implement strategic decisions, by offering critical data, insights and analysis.
What is a Button Cell?
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. A metal can forms the bottom body and positive terminal of the cell. The insulated top cap is the negative terminal. Watch batteries are used to power small portable electronics devices such as wrist watches, pocket calculators, hearing aids and on.
Market Analysis and Insights of Button Cell Market:
This report focuses on global and United States Button Cell market. In 2020, the global Button Cell market size was US$ 3622 million and it is expected to reach US$ 2912.3 million by the end of 2027, with a CAGR of -3.1% during 2021-2027. In United States the Button Cell market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global Button Cell key players include Sony, Maxell(Hitachi), Panasonic, Renata Batteries, Varta(Rayovac), etc. Global top five players hold a share about 65%. Japan is the largest market, with a share about 35%, followed by North America and China, having a total share about 45 percent.
In terms of product, Silver is the largest segment, with a share about 50%. And in terms of application, the largest application is Traditional Watch, followed by Smartwatch, Hearing Aid, Pocket Calculator, etc.
Button Cell Market Manufacturers included:
- Maxell (Hitachi)
- Renata Batteries (Swatch Group)
- Varta (Rayovac)
- Great Power
- GP Batteries
- EVE Energy
- Camelion Battery