Silver oxide battery market
Silver Oxide Battery Market, By Application (Toys, Medical Equipment, Electronics, and Others (Defense and Aerospace, etc.)) and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)
- Mar 2023
- CMI1942
- 112 Pages
- Excel & Pdf
- Advanced Materials
Silver oxide battery consists of silver oxide as positive electrode and zinc as negative electrode. It contains potassium hydroxide or sodium hydroxide as electrolyte. Silver oxide battery is widely used across globe, owing to its durability and high energy weight ratio.
Global silver oxide battery market was valued at US$ 18.3 Billion in 2022, exhibiting a CAGR of 4.34% during the forecast period (2023 to 2030).
Global Silver Oxide Battery Market- Drivers
Growing demand for silver oxide battery in various electronic appliances
Silver oxide battery are used broadly due to its high energy weight ratio and durability. It is usually used as scaled down power source. Button silver oxide batteries are generally used in calculators, watches, toys, photo- electric exposure gadgets, and hearing aids. Batteries, big in size, are used in submarines, rockets, aviation, and underwater applications. Button silver oxide batteries are used in computerized and simple watches, and this is expected to boost demand for silver oxide battery in the global market.
These batteries are used as miniature power source. Big batteries are used in missiles, submarines, aerospace, and underwater applications. Silver oxide battery has advantages such as high capacity, low shelf discharge, and long shelf-life, and this is a major factor in driving growth of the global silver oxide battery market.
Figure 1. Global Silver Oxide Battery Market Value Share (%), By Region, 2022
Global Silver Oxide Battery Market- Restraints
High cost of silver
High cost of silver in the silver oxide battery is a major factor that is negatively affecting growth of the global silver oxide battery market.
Silver Oxide Battery Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2022: | US$ 18.3 Bn |
Historical Data for: | 2017-2021 | Forecast Period: | 2023 |
Forecast Period 2023 to 2030 CAGR: | 4.34% | 2030 Value Projection: | 2023-2030 |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Panasonic Corporation, Energizer Holdings, Maxwell Technologies Inc., Seiko Instruments Inc., Berkshire Hathaway Inc., Sony Corporation, Toshiba Corporation, Renata SA, Camelion Battery, and Varta AG. |
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Growth Drivers: |
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Restraints & Challenges: |
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Global Silver Oxide Battery Market- Trends
Silver oxide battery benefits include flatter curve of discharge battery, increased operating voltage, shock resistant, resistance to vibration, availability of various size and voltages, and this are the key driving factors for development of the global silver oxide battery market. Increasing popularity of electronic wearables is expected to boost development of the silver oxide battery market.
Small button silver oxide battery has application in digital and analog watches, calculators, toys, and portable electronics, and this is propelling growth of the global silver oxide battery market. Furthermore, large customized silver oxide batteries are used in aerospace applications and military applications such as missiles, submarines, and torpedoes, and this is also expected to support growth of the silver oxide battery market.
Figure 2. Global Silver Oxide Battery Market Value Share (%), By Application, 2022
Regional Analysis
North America held significant market share in the global silver oxide market in 2022. The U.S. was a major contributor to market growth in this region. This is owing to increasing focus of key players in the region on development of new products.
Global Silver Oxide Battery Market- Impact of Coronavirus (Covid-19) Pandemic
Outbreak of the COVID-19 pandemic in 2020 had a negative significant impact on the growth of global silver oxide battery market, owing to decreased usage of toys, medical equipment and electronics during pandemic, and this negatively affected global silver oxide battery market.
Global Silver Oxide Battery Market- Recent Developments
- In October 2020, Murata Manufacturing Co., Ltd., a Japan-based manufacturer of electronic components, introduced high drain silver oxide batteries (SR) and alkaline manganese batteries (LR) to its product line-up in medical devices such as dosing devices, insulin pumps/pens, and capsule endoscopes
- In February 2022, Panasonic Corporation, an industrial conglomerate corporation, announced that its Energy Company (Panasonic Energy) will establish a manufacturing facility at its Wakayama Factory, Japan, to manufacture new "4680" lithium-ion batteries for electric vehicles (EVs) in order to expand its business globally
Global Silver Oxide Battery Market- Competitive Section
Major players operating in the global silver oxide battery market include Panasonic Corporation, Energizer Holdings, Maxwell Technologies, Inc., Seiko Instruments Inc., Berkshire Hathaway Inc., Sony Corporation, Toshiba Corporation, Renata SA, Camelion Battery, and Varta AG.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- Market Dynamics
- Global Silver Oxide Battery Market -Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Silver Oxide Battery Market– COVID-19
- Impact Analysis
- Global Silver Oxide Battery Market, By Application, 2017-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2023, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
- Toys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Medical Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Others (Defense and Military)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Introduction
- Global Silver Oxide Battery Market, By Region, 2017-2030, (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2023, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023- 2030, (US$ Billion)
- Countries
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023- 2030, (US$ Billion)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction Market Size and Forecast, and Y-o-Y Growth, By Application, 2023- 2030, (US$ Billion)
- Countries
- France
- Germany
- Italy
- Spain
- U.K.
- Russia
- Rest of Europe
- Asia Pacific
- Introduction Market Size and Forecast, and Y-o-Y Growth, By Application, 2023- 2030, (US$ Billion)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction Market Size and Forecast, and Y-o-Y Growth, By Application, 2023- 2030, (US$ Billion)
- Countries
- GCC
- Rest of Middle East & Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Panasonic Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Energizer Holdings
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Maxwell Technologies, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Seiko Instruments Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Berkshire Hathaway Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Sony Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Toshiba Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Renata SA
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Camelion Battery
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Varta AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Panasonic Corporation
- Section
- References
- Research Methodology
- About Us and Sales Contact
* Browse 50 market data tables* and 40 figures* on “Global Silver Oxide Battery Market” - forecast to 2030.
Detailed Segmentation:
- Global Silver Oxide Battery Market, By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- Global Silver Oxide Battery Market, By Region:
- North America
- U.S.
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Canada
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- U.S.
- Europe
- U.K.
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Germany
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Italy
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- France
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Spain
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Russia
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Rest of Europe
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- U.K.
- Latin America
- Brazil
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Argentina
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Mexico
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Rest of Latin America
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Brazil
- Asia Pacific
- China
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- India
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Japan
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- ASEAN
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- South Korea
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Australia
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Rest of Asia Pacific
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- China
- Middle East & Africa
- Middle East
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Africa
- By Application:
- Toys
- Medical Equipment
- Electronics
- Others (Defense and Aerospace, etc.)
- By Application:
- Middle East
- North America