QYResearch: The global Primary Lithium Batteries revenue would keep increasing with a CAGR of 7.36% from 2017-2022

Primary batteries, also known as non-rechargeable batteries, lithium batteries are primary batteries that have lithium as an anode. These types of batteries are also referred to as lithium-metal batteries.

First, for industry structure analysis, the Primary Lithium Batteries industry main manufacturers includes SAFT, Hitachi Maxell, Tadiran, Vitzrocell, EVE Energy, Panasonic, Ultralife, FDK, Varta, etc. The SAFT is the biggest player, and it accounted for about 18.38% of the sales market in 2016.

Second, the revenue of Primary Lithium Batteries increased from 1367.41 M USD in 2012 to 1790.93 M USD in 2016 with a CAGR of more than 6.98%.

Third, North America is the biggest sales region, and it occupied about 42.82% of the revenue market in 2016. It is followed by Europe, which respectively accounted for around 35.13% of the global sales revenue. Other regions have a small amount of market size.

Fourth, for price trend analysis, a key variable in the performance of Primary Lithium Batteries producers is labor and raw material costs, specifically the speed at which any increase can be passed through to customers.

Fifth, for forecast, According to QYResearch, the global Primary Lithium Batteries revenue would keep increasing with a CAGR of 7.36% from 2017-2022. We tend to believe that this industry still has a good future, considering the current demand of Primary Lithium Batteries.

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