MARKET OPPORTUNITY (battery market)
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With the growth of technology, the demand for consumer electronics using batteries in their day-to-day life like television, remote controls, etc is also increasing. Moreover, people prefer zinc-carbon batteries over others for their routine low-drain devices.
TYPES AND SPECIFICATIONS
Primary batteries majorly zinc carbon batteries are available in various sizes ranging from 1.5V to 9V like AA, AAA, C, D, and 9V. AA and AAA batteries are mostly preferred for low drain devices like remote controls, clocks, etc.
AA batteries, being the commonly used size, are also used for high power drain devices like cameras, toys, games, etc.
AAA battery market tends to grow with a CAGR of 27% by 2026.
Size C, D, and 9 V are used for specific applications
On the basis of use-case, the global zinc-carbon battery market can be segregated into
Low Drain Devices: Devices that consume less energy and run for a longer duration Examples: wall clocks, remote control, etc.
Medium Drain Devices: Devices that consume a moderate amount of energy and run for a lower duration than low drain devices. Examples: bathroom scale, electric brush, wireless mouse, Keyboard, etc.
High Drain Devices: Devices that drain a high amount of energy in very low time intervals. Examples: Digital cameras, electric shaver, etc
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