Traditional hearing aid batteries were produced using trace amounts of mercury to assist with conductivity and stabilize internal components, but mercury is no longer used in hearing aid batteries. Zinc-air batteries remain stable for up to three years when stored in a room temperature, dry environment.
The global average price of Hearing Aid Batteries is in the increasing trend, from 247 USD/K Unit in 2012 to 259 USD/K Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Hearing Aid Batteries includes 312 Type, 675 Type, 13 Type and others, and the proportion of 312 Type in 2017 is about 38%.
Hearing Aid Batteries is widely used for Behind-the-ear (BTE) Hearing Aids, In-the-ear (ITE) Hearing Aids and others. The most proportion of Hearing Aid Batteries is used ofr Behind-the-ear (BTE) Hearing Aids, and the proportion in 2017 is 58.5%.
North America is the largest supplier of Hearing Aid Batteries, with a production market share nearly 70.4% in 2017. Europe is the second largest supplier of Hearing Aid Batteries, enjoying production market share nearly 15.7% in 2017.
Europe is the largest consumption place, with a consumption market share nearly 42.2% in 2017. Following Europe, North America is the second largest consumption place with the consumption market share of 32.1%.
Market competition is not intense. SPECTRUM BRANDS, Energizer Holdings, Montana Tech, Duracell, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The Hearing Aid Batteries market was valued at 1390 Million US$ in 2018 and is projected to reach 2390 Million US$ by 2025, at a CAGR of 7.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hearing Aid Batteries.
This report presents the worldwide Hearing Aid Batteries market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Hearing Aid Batteries Breakdown Data by Type
Hearing Aid Batteries Breakdown Data by Application
Behind-the-ear (BTE) Hearing Aids
In-the-ear (ITE) Hearing Aids
Hearing Aid Batteries Production by Region
Hearing Aid Batteries Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hearing Aid Batteries status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Hearing Aid Batteries manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hearing Aid Batteries :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hearing Aid Batteries market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.