United States Lithium-Ion Button Battery Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030.
The US Lithium-Ion Button Battery market is gaining significant traction as industries across various sectors increasingly rely on these batteries for their compact, efficient, and long-lasting power solutions. With advancements in technology, the demand for smaller, more reliable batteries is on the rise, particularly in the consumer electronics, medical devices, and automotive sectors. These button batteries are commonly used in devices such as hearing aids, watches, remote controls, and even in certain types of electric vehicles, driving the market's rapid growth.
One of the primary drivers of this market is the increased requirement from industries seeking portable power solutions that do not compromise on performance or size. The compact nature of lithium-ion button batteries, paired with their high energy density, makes them ideal for applications where space is limited. For instance, in the healthcare industry, the demand for medical devices that rely on button batteries, such as pacemakers, continues to grow, pushing manufacturers to seek out the most reliable and efficient options. Similarly, the increasing adoption of wearable technologies like smartwatches and fitness trackers is another significant factor contributing to the high demand for lithium-ion button batteries.
Additionally, the automotive industry is also becoming a major player in driving demand for these batteries. With the rise of electric vehicles (EVs) and their supporting technologies, such as battery management systems and other electronic components, lithium-ion button batteries are integral to the functioning of these innovations. Furthermore, as technology continues to advance, industries are seeking batteries that can deliver higher performance while maintaining sustainability, thus ensuring the longevity of products without frequent replacements.
The US Lithium-Ion Button Battery market is also expected to see further growth due to technological improvements and the ongoing push for more environmentally friendly solutions. With advancements in recycling and the development of longer-lasting battery technologies, industries are being presented with more options to meet their energy needs. As a result, manufacturers must stay ahead of the curve by innovating and providing cost-effective, reliable, and high-performance batteries that meet the diverse needs of various industries.
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Energizer Group
Daitron
Varta Microbattery
Inc.
Battery Clinic
U.S. Materials Handling Corp.
Exponential Power
Tenergy Corporation
Corvus Energy
Harding Energy
Inc.
Emerging Power Inc.
Duracell
LiCB
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Lithium-Ion Button Battery Market
Consumer Electronics
Watches
Remote Controls
Hearing Aids
Lithium Manganese Dioxide (LiMnO2)
Lithium Polymer (LiPo)
Lithium Cobalt Oxide (LiCoO2)
Below 20 mAh
20 mAh to 50 mAh
Above 50 mAh
5V
3V
6V
Consumer Electronics
Healthcare
Automotive
Industrial
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Lithium-Ion Button Battery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Lithium-Ion Button Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Lithium-Ion Button Battery Market, By Type
6. US Lithium-Ion Button Battery Market, By Application
7. US Lithium-Ion Button Battery Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Lithium-Ion Button Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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