Below are some of the key findings from the manganese battery market research report
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Global Manganese Battery Industry Overview
The constant increase in the sale of consumer products is boosting the growth of the global consumer electronics market, which in turn, is driving the growth of the global battery market for consumer products. The global battery market for consumer products is expected to reach USD 42.81 billion by 2021. With the increasing demand for consumer electronics from sports and fitness, construction, military protection, transportation, fashion and entertainment and medical sectors, the manganese battery market will witness considerable growth.
The decrease in lithium-ion battery price will be one of the key manganese battery market trends that will positively impact the manganese battery market growth. The Li-ion battery market is gaining momentum rapidly with several manufacturers working on technological advancements to make it cost-competitive. As a result, the prices of Li-ion batteries are declining and are expected to reduce further during the forecast period. The growth of the Li-ion battery market is driving the use of secondary manganese batteries, which in turn, will drive the manganese battery demand.
Top manganese battery companies covered in this market research report
The manganese battery market is highly fragmented. By offering a detailed analysis of the market’s competitive landscape and with information on the products offered by companies, this manganese battery industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various manganese battery manufacturers including:
- EaglePicher Technologies
- Energizer Holdings
- Maxell Holdings
- Panasonic
- Saft
- Ultralife
Manganese battery market segmentation based on geographic regions
The Americas will account for the highest manganese battery market share throughout the forecast period. The dominant market share of this region attributes to the growth of the consumer electronics market in the US and the growing adoption of electric vehicles in North America.
Manganese battery market segmentation based on battery type
- Primary battery
- Secondary battery
The secondary battery market segment will account for the highest manganese battery market share. The report provides an accurate prediction of the contribution of the various products segments to the growth of the manganese battery market size.
Key highlights of the global manganese battery market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the manganese battery market during the next five years
- Precise estimation of the global manganese battery market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the manganese battery industry across the Americas, APAC and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of manganese battery companies
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