Mar 1, 2019   SOURCE: BusinessWire

The Button Cell Market in India, 2019-2024 - An $88+ Million Opportunity, Driven by Growing Government Initiatives and Increasing Demand from Tier-II & Tier-III Cities - ResearchAndMarkets.com

The "India Button Cell Market By Letter Code Type (L, S, P, C, B, G, Z), By Package Size (4, 5, 6, 7, 9, 10, 11, 12, 16, 20, 23, 24, 44), By Application (Timekeeping, Electric Meters, Lighting & Others), Competition, Forecast & Opportunities, 2014-2024" report has been added to ResearchAndMarkets.com's offering.

The India button cell market was valued at more than $59 million in 2018 and is projected to cross $88 million by 2024, exhibiting a CAGR of over 7% during 2019-2024, owing to growing government initiatives and increasing demand from Tier-II and Tier-III cities.

Starting from April 2019, the Government of India is targeting to replace all conventional meters with smart prepaid meters, which would increase the demand for button cells in the country. Moreover, technological advancements such as phasing out of mercury usage in button cells and miniaturization of electronic devices and button cells are boosting the competition among button cell manufacturers.

In order to cope up with the increasing cost, manufacturers of button cells, electronics, and button cell holder/retainer are focusing on producing low-cost products. For instance, in 2014, Memory Protection Devices Inc. (MPD), a coin cell/battery cell holder and retainer provider, introduced new cell battery strap, which requires less raw materials.

Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast the India button cell market size.
  • To define, classify and forecast the India button cell market on the basis of letter code type, package size, application, and region.
  • To scrutinize the detailed market segmentation and forecast the market size by segmenting the India button cell market based on four regions, namely, North, West, South, and East.
  • To identify drivers and challenges for the India button cell market.
  • To examine competitive developments such as technological advancements, new product developments, supply contracts, and mergers & acquisitions in the India button cell market.
  • To evaluate product pricing and import/export trends in the India button cell market.
  • To strategically profile leading players operating in the India button cell market.

Competitive Landscape

Some of the major players operating in the India button cell market are Murata Manufacturing Co., Ltd., Panasonic Corporation, Maxell Holdings, Ltd., Energizer Holdings, Inc., Toshiba Corporation, Berkshire Hathaway Inc. (Duracell International Inc.), Seiko Instruments Inc., Renata AG SA, Camelion Battery Company Limited, East (Shenzhen) Technology Co., Ltd., etc.

Competition Matrix: Benchmarking of leading 10 players on the basis of letter code type offered.

Voice of Customer: Customer Analysis by considering below mentioned parameters - Brand Awareness, Brand Recall, and Brand Satisfaction. In addition, customer analysis has been provided on the basis of factors influencing purchase decision, challenges/issues faced post purchase, and unmet needs.

Company Profiles: Detailed analysis of the major companies operating in the India button cell market.

Key Topics Covered

1. Button Cell: Product Overview

2. Research Methodology

3. Analyst View

4. India Button Cell Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Letter Code Type (L, S, P, C, B, G, Z)
4.2.2. By Package Size (4, 5, 6, 7, 9, 10, 11, 12, 16, 20, 23, 24, 44)
4.2.3. By Application (Timekeeping, Electric Meters, Lighting, General Memory Backup including SRAM, Others)
4.2.4. By Region (North, West, South, East)
4.2.5. By Company
4.3. Market Attractiveness Index

5. North India Button Cell Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Letter Code Type
5.2.2. By Package Size
5.2.3. By Application

6. West India Button Cell Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Letter Code Type
6.2.2. By Package Size
6.2.3. By Application

7. South India Button Cell Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Letter Code Type
7.2.2. By Package Size
7.2.3. By Application

8. East India Button Cell Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Letter Code Type
8.2.2. By Package Size
8.2.3. By Application

9. Pricing Analysis

10. Supply Chain Analysis

11. Import & Export Analysis

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Policy & Regulatory Landscape

15. Voice of Customer
15.1. Brand Awareness
15.2. Brand Recall
15.3. Brand Satisfaction
15.4. Factors Influencing Purchase Decision
15.5. Challenges/Issues Faced Post Purchase
15.6. Unmet Needs

16. India Economic Profile

17. Competitive Landscape
17.1. Competition Matrix
17.2. Company Profiles
17.2.1. Murata Manufacturing Co. Ltd.
17.2.2. Panasonic Corporation
17.2.3. Maxell Holdings Ltd.
17.2.4. Energizer Holdings Inc.
17.2.5. Toshiba Corporation
17.2.6. Berkshire Hathaway Inc. (Duracell International Inc.)
17.2.7. Seiko Instruments Inc.
17.2.8. Renata AG S.A.
17.2.9. Camelion Battery Company Limited
17.2.10. East (Shenzhen) Technology Co. Ltd.

18. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/gvhdk5/the_button_cell?w=4