Market Overview:
The global silver oxide batteries market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for low-drain type and high-drain type silver oxide batteries from various applications such as electric watches, medical devices, IoT devices, and precision instruments. In addition, the growing demand for these batteries from developing countries is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these batteries may restrain the growth of this market during the forecast period.
Product Definition:
Silver oxide batteries are a type of primary battery that use silver oxide as its main component. They have a higher capacity than zinc-carbon batteries, and can be used in a wider range of temperatures. Silver oxide batteries are commonly used in watches, calculators, and hearing aids.
Low-Drain Type:
Low-Drain Type (LDT) is a battery technology that uses small amount of current than conventional batteries. LDTs are mainly used in Silver Oxide Batteries (AgSOb), which have high energy density, low self-discharge rate and superior safety as compared to other types of batteries such as wet cell or Absorbent Glass Mat (AGM).
The global LDT market size was valued at USD 536.1 million in 2015.
High-Drain Type:
High-Drain Type is a special type of battery used in Silver Oxide (Ag) batteries. It has higher energy density than conventional batteries and also provides better performance under load. The high drain type offers more space within the compact design of the battery, which makes it suitable for applications such as medical implants and portable devices that require long life span with quick charging capabilities.
Application Insights:
The electric watches segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The increasing demand for silver oxide batteries in wristwear due to its lightweight, high energy density, excellent power storage capacity and low self-discharge rate is expected to drive the segment growth over the forecast period.
The medical devices application segment accounted for a share of 15.3% of global silver oxide batteries revenue in 2017 on account of its usage as an alternative source of power supply in medical equipment such as oxygenators, ventilators and cardiac pacemakers owing to its long life span with low maintenance cost which was not feasible using other sources such as solar or wind energy.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 45% of global revenue in 2017 owing to high product demand from various end-use industries, such as medical devices, electric vehicles, consumer electronics and IoT devices. China is projected to remain a key battery manufacturing hub over the coming years due to low labor costs coupled with easy availability of land.
North America silver oxide batteries market was valued at USD X million in 2017 and is anticipated to witness significant growth during the forecast period on account of rising demand from electric vehicles along with growing applications in consumer electronics products such as smartphones and tablets. Europe silver oxide batteries market accounted for more than 20% share of global revenue owing to rising product adoption across several industrial applications including energy storage systems used for power generation purposes at remote locations or during peak hours when electricity prices are highest.
Growth Factors:
- Increasing demand for silver oxide batteries in medical devices
- Rising demand for silver oxide batteries from automobile sector
- Growing popularity of silver oxide batteries in consumer electronics industry
- Proliferation of wireless communication technologies and increasing use of portable electronic devices are driving the growth of silver oxide battery market
- Technological advancements and innovations in Silver Oxide Battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Silver Oxide Batteries Market Research Report
By Type
Low-Drain Type, High-Drain Type
By Application
Electric Watches, Medical Devices, IoT Devices, Precision Instruments
By Companies
Seiko, Murata, Energizer, VARTA, Duracell, Renata, ANSMANN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Silver Oxide Batteries Market Report Segments:
The global Silver Oxide Batteries market is segmented on the basis of:
Types
Low-Drain Type, High-Drain Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Watches, Medical Devices, IoT Devices, Precision Instruments
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Seiko
- Murata
- Energizer
- VARTA
- Duracell
- Renata
- ANSMANN
Highlights of The Silver Oxide Batteries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low-Drain Type
- High-Drain Type
- By Application:
- Electric Watches
- Medical Devices
- IoT Devices
- Precision Instruments
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silver Oxide Batteries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silver oxide batteries are a type of battery that uses silver as one of the main elements. Silver oxide batteries are often used in electronic devices because they have a high capacity and can last for a long time.
Some of the major companies in the silver oxide batteries market are Seiko, Murata, Energizer, VARTA, Duracell, Renata, ANSMANN.
The silver oxide batteries market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silver Oxide Batteries Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Silver Oxide Batteries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silver Oxide Batteries Market - Supply Chain
4.5. Global Silver Oxide Batteries Market Forecast
4.5.1. Silver Oxide Batteries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silver Oxide Batteries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silver Oxide Batteries Market Absolute $ Opportunity
5. Global Silver Oxide Batteries Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Silver Oxide Batteries Market Size and Volume Forecast by Type
5.3.1. Low-Drain Type
5.3.2. High-Drain Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silver Oxide Batteries Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Silver Oxide Batteries Market Size and Volume Forecast by Application
6.3.1. Electric Watches
6.3.2. Medical Devices
6.3.3. IoT Devices
6.3.4. Precision Instruments
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silver Oxide Batteries Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Silver Oxide Batteries Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Silver Oxide Batteries Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Silver Oxide Batteries Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Silver Oxide Batteries Demand Share Forecast, 2019-2026
9. North America Silver Oxide Batteries Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Silver Oxide Batteries Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Silver Oxide Batteries Market Size and Volume Forecast by Application
9.4.1. Electric Watches
9.4.2. Medical Devices
9.4.3. IoT Devices
9.4.4. Precision Instruments
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silver Oxide Batteries Market Size and Volume Forecast by Type
9.7.1. Low-Drain Type
9.7.2. High-Drain Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Silver Oxide Batteries Demand Share Forecast, 2019-2026
10. Latin America Silver Oxide Batteries Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Silver Oxide Batteries Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Silver Oxide Batteries Market Size and Volume Forecast by Application
10.4.1. Electric Watches
10.4.2. Medical Devices
10.4.3. IoT Devices
10.4.4. Precision Instruments
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silver Oxide Batteries Market Size and Volume Forecast by Type
10.7.1. Low-Drain Type
10.7.2. High-Drain Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Silver Oxide Batteries Demand Share Forecast, 2019-2026
11. Europe Silver Oxide Batteries Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Silver Oxide Batteries Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Silver Oxide Batteries Market Size and Volume Forecast by Application
11.4.1. Electric Watches
11.4.2. Medical Devices
11.4.3. IoT Devices
11.4.4. Precision Instruments
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silver Oxide Batteries Market Size and Volume Forecast by Type
11.7.1. Low-Drain Type
11.7.2. High-Drain Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Silver Oxide Batteries Demand Share, 2019-2026
12. Asia Pacific Silver Oxide Batteries Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Silver Oxide Batteries Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Silver Oxide Batteries Market Size and Volume Forecast by Application
12.4.1. Electric Watches
12.4.2. Medical Devices
12.4.3. IoT Devices
12.4.4. Precision Instruments
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silver Oxide Batteries Market Size and Volume Forecast by Type
12.7.1. Low-Drain Type
12.7.2. High-Drain Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Silver Oxide Batteries Demand Share, 2019-2026
13. Middle East & Africa Silver Oxide Batteries Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Silver Oxide Batteries Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Silver Oxide Batteries Market Size and Volume Forecast by Application
13.4.1. Electric Watches
13.4.2. Medical Devices
13.4.3. IoT Devices
13.4.4. Precision Instruments
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silver Oxide Batteries Market Size and Volume Forecast by Type
13.7.1. Low-Drain Type
13.7.2. High-Drain Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Silver Oxide Batteries Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silver Oxide Batteries Market: Market Share Analysis
14.2. Silver Oxide Batteries Distributors and Customers
14.3. Silver Oxide Batteries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Seiko
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Murata
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Energizer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VARTA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Duracell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Renata
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ANSMANN
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
