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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Pin-Type Batteries Market: By Type By Product By Application and Geography
Pin-Type Batteries Market: By Type By Product By Application and Geography
Pin-Type Batteries Market size was valued at US$ 789.8 million by 2023 and is poised to grow at a CAGR of 6.1% from 2024-2030. It has been estimated to be a significant growth with the help of key drivers which include powering various wearables such as smartwatches, hearing aids, smart glasses, fishing floats, and others. Some restraints may hamper the growth of the global market, disposal of these batteries contaminates the soil and groundwater, and electrolytes used in these batteries are considered to be toxic and inflammable causing harm to the environment. Delivery of information about their surroundings, and tracking information related to health and fitness to the consumers open up opportunities for the global market.
Study Period
2024-2030Base Year
2023CAGR
6.1%Largest Market
Asia-PacificFastest Growing Market
North America
It is noticed that the global pin-type batteries market has significant growth rate on the perspective on increasing technology advancement. The number of connected wearable devices worldwide has more than doubled in the space of three years, increasing from 325.6 million in 2016 to 722 million in 2019. The number of devices is forecast to reach more than one billion by 2022. Most of the big companies working on powerful sensor technologies. These technologies enable the collection and delivery of information about their surroundings as well as tracking information related to health and fitness to the consumers which help in the significant growth of global pin-type battery market.
Asia Pacific contributed major revenue followed by Europe and Asia Pacific. In 2019, Asia Pacific region accounted huge growth rate and is anticipated to grow with a forecast year. For instance, According to International Data Corporation (IDC), over 307 million wearable devices have been sold to date and sales are projected to continue climbing for the foreseeable future. Asia Pacific led with the key market player.
North America and Europe with technology advancement increasing in population using wearable devices which subsequently boost the global market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 789.8 million |
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Market CAGR |
6.1% |
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By Type |
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By Product |
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By Application |
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The global pin-type batteries market size was valued at US$ 789.8 million in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030.
The market key players are: EEMB PANASONIC CREASEFIELD LTD JNJ KOREA HIOKI E.E. CORPORATION
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Pin-Type Batteries Market Introduction |
| Global Pin-Type Batteries Market Taxonomy |
| Global Pin-Type Batteries Market Definitions |
| By Product |
| Type |
| By Application |
| 3. Global Pin-Type Batteries Market Dynamics |
| Drivers |
| Restraints |
| Opportunities/Unmet Needs of the Market |
| Trends |
| Global Pin-Type Batteries Market Dynamic Factors - Impact Analysis |
| Global Pin-Type Batteries Market Competition Landscape |
| 4. Global Pin-Type Batteries Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) |
| Market Opportunity Analysis |
| 5. Global Pin-Type Batteries Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Lead acid |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Nickel-based |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Lithium-based system |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| 6. Global Pin-Type Batteries Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030 |
| Rechargeable |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Non-Rechargeable |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| 7. Global Pin-Type Batteries Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 |
| Wearables |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Smart glasses |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Electric pen |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Wristband devices |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Fishing Floats |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Others |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| 8. Global Pin-Type Batteries Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| North America |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Europe |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Asia-Pacific |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Latin America |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Middle East and Africa |
| Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| Global Pin-Type Batteries Market - Opportunity Analysis Index, By Product, By Type, By Application, and Region, 2024 - 2030 |
| 9. North America Pin-Type Batteries Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Lead acid |
| Nickel-based |
| Lithium-based system |
| Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Rechargeable |
| Non- Rechargeable |
| Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| Wearables |
| Smart glasses |
| Electric pen |
| Wristband devices |
| Fishing floats |
| Others |
| Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| USA |
| Canada |
| North America Pin-Type Batteries Market - Opportunity Analysis Index, By Product, By Type, By Application, and Country, 2024 - 2030 |
| North America Pin-Type Batteries Market Dynamics Trends |
| 10. Europe Pin-Type Batteries Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Lead acid |
| Nickel-based |
| Lithium-based system |
| Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Rechargeable |
| Non- Rechargeable |
| Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| Wearables |
| Smart glasses |
| Electric pen |
| Wristband devices |
| Fishing floats |
| Others |
| Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| Germany |
| UK |
| France |
| Spain |
| Italy |
| Russia |
| Poland |
| Rest of Europe |
| Europe Pin-Type Batteries Market - Opportunity Analysis Index, By Product, By Type, By Application, and Country, 2024 - 2030 |
| Europe Pin-Type Batteries Market Dynamics Trends |
| 11. Asia-Pacific Pin-Type Batteries Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Lead acid |
| Nickel-based |
| Lithium-based system |
| Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Rechargeable |
| Non- Rechargeable |
| Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| Wearables |
| Smart glasses |
| Electric pen |
| Wristband devices |
| Fishing floats |
| Others |
| Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| Japan |
| China |
| India |
| ASEAN |
| Australia & New Zealand |
| Rest of Asia-Pacific |
| Asia-Pacific Pin-Type Batteries Market - Opportunity Analysis Index, By Product, By Type, By Application, and Country, 2024 - 2030 |
| Asia-Pacific Pin-Type Batteries Market Dynamics Trends |
| 12. Latin America Pin-Type Batteries Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Lead acid |
| Nickel-based |
| Lithium-based system |
| Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Rechargeable |
| Non- Rechargeable |
| Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| Wearables |
| Smart glasses |
| Electric pen |
| Wristband devices |
| Fishing floats |
| Others |
| Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| Brazil |
| Mexico |
| Argentina |
| Rest of Latin America |
| Latin America Pin-Type Batteries Market - Opportunity Analysis Index, By Product, By Type, By Application, and Country, 2024 - 2030 |
| Latin America Pin-Type Batteries Market Dynamics Trends |
| 13. Middle East and Africa Pin-Type Batteries Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Lead acid |
| Nickel-based |
| Lithium-based system |
| Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| Rechargeable |
| Non- Rechargeable |
| Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| Wearables |
| Smart glasses |
| Electric pen |
| Wristband devices |
| Fishing floats |
| Others |
| Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| Gulf Cooperation Council (GCC) Countries |
| Israel |
| South Africa |
| Rest of MEA |
| MEA Pin-Type Batteries Market - Opportunity Analysis Index, By Product, By Type, By Application, and Country, 2024 - 2030 |
| MEA Pin-Type Batteries Market Dynamics Trends |
| 14. Competition Landscape |
| Strategic Dashboard of Top Market Players |
| Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| EEMB |
| PANASONIC |
| CREASEFIELD LTD |
| JNJ KOREA |
| HIOKI E.E. CORPORATION |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.