QYResearch: Global Button Cell industry reach 4002.28 million USD in 2016
A Button Cell is a small single cell battery shaped as a squat cylinder typically 5 to 25 mm in diameter and 1 to 6 mm high—like a button on a garment, hence the name. A metal can forms the bottom body and positive terminal of the cell. The insulated top cap is the negative terminal. Watch batteries are used to power small portable electronics devices such as wrist watches, pocket calculators, hearing aids and on.
According to QYResearch, The Button Cell industry was 4607.25 million USD in 2000 and is projected to reach 4002.28 million USD in 2016, at a CAGR of -0.88% between 2000 and 2016. End-users, included in this market are traditional watch, smartwatch, hearing aid, pocket calculator, and other usage. The traditional watch (mainly Quartz Watch) application was account for the largest share of the global market. Due to the production of traditional watch is decline these years, the market of Button Cell is also Sluggish. The drive of Button Cell market is maybe the fast growing smartwatch. Most of the Button Cell is not chargeable.
On the basis of type, the Button Cell market is segmented into LR (Alkaline), SR (Silver Oxide), CR (Lithium), others. The SR (Silver Oxide) segment is expected to account for the larger share of the global market in 2016.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Full report link: http://www.qyresearchglobal.com/goods-939987.html
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