Report ID: SQMIG15A2412
Report ID:
SQMIG15A2412 |
Region:
Global |
Published Date: March, 2024
Pages:
157
|
Tables:
146 |
Figures:
74
Largest market share in Asia-Pacific is 41% by 2022. During the forecast period. In Asia-Pacific, China dominates the disposable battery market. It is expected to continue its dominance over the forecast period owing to the growing disposable batteries market in the country. Asia-Pacific accounted for the largest share of the global market, as the demand for consumer electronics in this region, especially in China and India, has increased. The Asia Pacific area held the most important marketplace percentage accounting for 41% in 2022. Consumer electronics are in robust call for throughout the vicinity, mainly in China, India, and Japan, that's anticipated to pressure the disposable battery marketplace growth within the Asia Pacific for the duration of the projected duration. In the Asia Pacific area, China controls the disposable battery market. Due to the United States of America's growing client electronics industry, it is expected to keep its supremacy for the duration of the forecast duration.
The North America region is expected to witness a notable growth at a CAGR of 4.8% during the forecast period. The company's growth has been driven by rapid growth in consumer electronics and acquisition of medical supplies in the United States and Canada. Due to the U.S. using a high volume of medical and electronic devices, the region is expected to have a significant impact on the industry during the forecast period. The market is expected to grow significantly throughout the forecast period. North America is the fastest growing region in the global disposable battery market, as Europe is expected to witness steady growth owing to increasing demand for battery devices in this region due to electronics and medical devices widely used in the US.
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Report ID: SQMIG15A2412