India alkaline battery market is
expected to grow at a significant CAGR during the forecast period,
FY2023-FY2027. Alkaline batteries are in high demand due to
their longer shelf life and excellent longevity. They can also be used as
battery back-up power which can sit on the shelf till the time of the use. Alkaline
batteries are very less susceptible to battery leakage as compared to the other
present batteries. The batteries can operate even in extreme weather conditions
and can also work at very low temperature. Alkaline batteries are easily
available as they are widely used for build, revise, and test prototypes. Also,
the alkaline batteries come in standard sizes which makes it easier for product
developers and engineers to use them for different designs. Alkaline batteries
can be used as high voltage arrays as they can be connected in series together
and can be arranged in a variety of configurations to meet the requirements by
manufacturers. Alkaline batteries do not get effected by the internal changes
in the temperature and gassing and can used for the process for potting which
is the process of filling an enclosure to create a shield against moisture and
other harmful corrosive materials. Alkaline batteries are widely used for
commercial and industrial purposes. They find applications comprising of
portable stereos, compact disk players, devices, watches, toys, calculators,
cameras, flashlights, fire and smoke detectors, among others which is fueling
the demand for alkaline battery in the region. Rise in disposable income among
the middle-class families is increasing the expenditure capacity of people
thereby fostering the demand for alkaline batteries in the region.
India alkaline battery market is
segmented into type,
size, application, region, and company. Based on type, market is further
divided into primary battery and rechargeable battery. Primary battery segment
is expected to hold major market share for the forecast period. High demand for
consumer electronics and household appliances is boosting the alkaline battery
market.
The major players operating in the
India alkaline battery market are Eveready Industries
India Ltd, Exide Industries, Panasonic Energy India Company Limited, Philips
India Limited, Immense Power Private Limited, Indo National Limited, Energizer
India Private Limited, GP Batteries, Duracell India Limited, and others. Major
companies are developing advanced technologies and launching new services to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
Years considered for this report:
Historical Years: FY2017-FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023–FY2027
Objective of the
Study:
- To analyze the historical growth of the market
size of India alkaline battery market from FY2017 to FY2020.
- To estimate and forecast the market size of India
alkaline battery market from FY2021 to FY2027 and growth rate until FY2027.
- To classify and forecast India alkaline
battery market based on type, size, application, region, and company.
- To identify dominant region or segment in the India
alkaline battery market
- To identify drivers and challenges for India alkaline
battery market
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
alkaline battery market.
- To identify and analyze the profile of leading
players operating in India alkaline battery market.
- To identify key sustainable strategies adopted
by market players in India alkaline battery market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers who
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of India alkaline battery market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Alkaline battery manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to alkaline battery market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India alkaline
battery market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
India Alkaline Battery Market, By
Type:
- Primary Battery
- Rechargeable Battery
- India Alkaline Battery Market, By Size:
- India Alkaline Battery Market, By Application:
- Consumer Electronics
- Toys
- Others (Radio)
- India Alkaline Battery Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India alkaline battery market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India alkaline battery
market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]