Global Silver Oxide Battery Market- Drivers
Growing demand for silver oxide battery in various electronic appliances
Silver oxide battery are used broadly due to its high energy weight ratio and durability. It is usually used as scaled down power source. Button silver oxide batteries are generally used in calculators, watches, toys, photo- electric exposure gadgets, and hearing aids. Batteries, big in size, are used in submarines, rockets, aviation, and underwater applications. Button silver oxide batteries are used in computerized and simple watches, and this is expected to boost demand for silver oxide battery in the global market.
These batteries are used as miniature power source. Big batteries are used in missiles, submarines, aerospace, and underwater applications. Silver oxide battery has advantages such as high capacity, low shelf discharge, and long shelf-life, and this is a major factor in driving growth of the global silver oxide battery market.
Global Silver Oxide Battery Market- Restraints
High cost of silver
High cost of silver in the silver oxide battery is a major factor that is negatively affecting growth of the global silver oxide battery market.
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