PUBLISHER: Market Research Future | PRODUCT CODE: 1656051
PUBLISHER: Market Research Future | PRODUCT CODE: 1656051
Report on Southeast Asia Battery Market Research Information By Type ( Single Use (Non-Rechargeable) Batteries (AA Batteries, AAA Batteries, C & D batteries, 9V Batteries), Rechargeable Batteries, Specialty Batteries), By Distribution Channel ( Online, Offline), By Chemistry ( Alkaline Batteries, Zinc Carbon Batteries, Lithium Batteries, Nickel Cadmium Batteries, Others), By Application (Entertainment, Lighting, Toys & Games, Photography, Household, IOT Devices, Car Key, Others), By Country Forecast to 2032
The Southeast Asia Battery Market was valued at USD 839.02 million in 2023. The Southeast Asia Battery Market is expected to increase from USD 890.73 million in 2024 to USD 1,404.72 million by 2032, with a compound yearly growth rate (CAGR) of 5.86% over the forecast period (2024-2032).
The Southeast Asian consumer electronics battery market is an important part of the overall energy storage and power solutions sector. This market specializes in batteries used to power consumer electronic devices such as smartphones, tablets, laptops, wearable devices, and other portable gadgets. With the rise of digitalization and the growing reliance on electronic gadgets for personal, professional, and recreational uses, batteries have become vital to their performance and efficiency. Rechargeable batteries, particularly lithium-ion (Li-ion) batteries, dominate this industry due to their high energy storage capacity, long life cycle, and compact size.
Market Segment insights
The Southeast Asia Battery market is divided into three types: single use (non-rechargeable) batteries (AA, AAA, C & D, and 9V), rechargeable batteries, and specialty batteries.
The Southeast Asia battery market is divided into two segments based on distribution channel: online and offline.
According to chemistry, the Southeast Asia Battery market is divided into Alkaline Batteries, Zinc Carbon Batteries, Lithium Batteries, Nickel Cadmium Batteries, and Others.
The market has been divided into online and offline applications such as entertainment, lighting, toys and games, photography, household, IOT devices, car keys, and others.
Consumer electronics lighting applications largely comprise portable lighting solutions such as LED flashlights, desk lamps, reading lights, and small emergency lights.
Household electrical devices include remote controls, tiny kitchen gadgets (e.g., timers, scales), bathroom scales, and electronic personal care products such as electric toothbrushes and shavers.
Country insights.
The Southeast Asia Battery Market is divided into the following countries: Malaysia, Thailand, Indonesia, Vietnam, the Philippines, Singapore, and the rest of Southeast Asia. Malaysia's consumer electronics sector has been on an upward trend, with significant rise in demand for smartphones and other electronic devices. Thailand, as one of Southeast Asia's largest and most technologically advanced markets, is rapidly increasing its consumption of consumer electronics. Indonesia, with its fast-growing middle class and rising disposable incomes, represents a substantial market opportunity for consumer electronics, and hence the battery business.
Key players in the Southeast Asia Battery Market include GP Industries Ltd, Panasonic Holdings Corporation, Duracell, Energizer Holdings, Inc, Maxell, Ltd, Acdelco, Fujitsu Limited, Koninklijke Philips N.V, The Eastman Kodak Company, Tadiran Batteries, Eve Energy Co., Ltd, GS Yuasa Corporation, TDK Corporation, Yuasa Battery Indonesia, and SAFT Groupe S.A.