1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage
  6. > Battery Market Trends
Micro Battery Market with COVID-19 Impact Analysis by Type, Capacity, Rechargeability, Application and Geography - Global Forecast to 2026

Micro Battery Market with COVID-19 Impact Analysis by Type, Capacity, Rechargeability, Application and Geography - Global Forecast to 2026

  • July 2021
  • 208 pages
  • ID: 5796142
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The global micro battery market size is estimated at USD 326 million in 2021. It is projected to reach USD 842 million by 2026; it is expected to grow at a CAGR of 20.9% from 2021 to 2026. The growth of the micro battery market is driven by factors such as the use of printed flexible batteries in medical devices to treat COVID-19 patients, several advantages offered by micro batteries over traditional batteries, increasing adoption of wearable devices, growing use of micro batteries in medical and electronic devices, and demand for thin and flexible batteries in IoT applications.

The market for solid-state chip batteries to witness high-growth potential during the forecast period
The market for solid-state chip batteries is expected to grow at a significant rate between 2021 and 2026.These batteries possess superior safety, longer lifespan, and high reliability as it uses non-flammable, stable, and solid electrolyte materials instead of a liquid.

This eliminates the risk of fire and leakage.Lithium-ion batteries that have high energy density are commonly used today in electronic devices such as electric bikes, drones, and communication devices.

However, as these batteries are made up of a flammable, organic solvent electrolyte, they carry a risk of leakage and fire.This has created a need for safer power and more reliable solid-state batteries containing non-flammable and safe electrolyte materials among the IoT device makers.

This is expected to drive the demand for solid-state chip batteries over the forecast period.

The micro battery market for consumer electronics to grow at highest CAGR during the forecast period
The micro battery market for consumer electronics is expected to grow at the highest CAGR between 2021 and 2026.The consumer electronics industry is now moving toward the development of miniaturized electronic devices with flexible, thin, and large-area form factors.

Wearable devices such as smartwatches, fitness bands, wrist straps, smart glasses, and smart rings, and bracelets require ultra-thin batteries to comply with the flexibility of the device.Conventional batteries may fulfill the energy requirements of wearable products, but they face problems in terms of flexibility, weight, and thickness.

Wearable devices require an ultra-thin power source to comply with their design and flexibility. Due to these requirements, micro batteries are increasingly being used in these devices.

APAC to be the largest market for micro batteries during the forecast period
The APAC region is estimated to account for the largest share of the overall micro battery market.Major manufacturers of wearable devices and consumer electronics in this region are miniaturizing their product designs, which require micro power sources for compatibility with the miniaturized designs.

Also, technology advancements in smart packaging (such as the use of printed RFID tags and smart labels in packages), as well as the adoption of medical devices, mainly pacemakers, drug delivery systems and medical patches, which require lightweight, flexible, and safe power sources, are fueling the growth of micro batteries in the APAC region.

Break-up of the profiles of primary participants:
• By Company Type – Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation – C-level Executives – 35%, Directors – 25%, and Managers– 40%
• By Region – North America - 45%, Europe – 20%, APAC – 30%, and RoW – 5%

Key players in the market include Blue Spark Technologies (US); Cymbet Corporation (US); Enfucell Oy (Finland); Front Edge Technology, Inc. (US); Molex (US); Panasonic Corporation (Japan); Shenzhen Grepow Battery Co., Ltd. (China); TDK Corporation (Japan); Ultralife Corporation (US); VARTA AG (Germany); Murata Manufacturing Co., Ltd. (Japan); Seiko Instruments (Japan); Maxell Holdings, Ltd. (Japan); Renata SA (Switzerland); Duracell Inc. (US); BrightVolt Solid State Batteries (US); Power Paper Ltd. (Israel); Jenax Inc. (South Korea); Energy Diagnostics Limited (UK); Guangzhou Fullriver Battery New Technology Co., Ltd. (China); Imprint Energy (US); Prologium Technology Co., Ltd. (Taiwan); Excellatron Solid State, LLC (US); GMB Co., Ltd. (China); and Iten SA (France).
The global micro battery market is segmented on the basis of type, rechargeability, capacity, application, and geography.The market based on type is segmented into button battery, thin-film battery, printed battery, and solid-state chip battery.

Based on rechargeability, the market is segmented into primary battery and secondary battery.Based on capacity, the market is segmented into below 10 mAh, Between 10 mAh & 100 mAh, and above 100 mAh.

Based on application, the market is segmented into consumer electronics, medical devices, smart packaging, smart cards, wireless sensor nodes, and others. The micro battery market is segmented into four regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).

Reasons to buy the report:
• Illustrative segmentation, analysis, and forecast for markets based on type, rechargeability, capacity, application, and region have been conducted to give an overall view of the micro battery market.
• The value chain analysis has been performed to provide an in-depth insight into the micro battery market.
• Major drivers, restraints, opportunities, and challenges pertaining to the micro battery market for have been detailed in this report.
• Detailed information regarding the COVID-19 impact on the micro battery market has been provided in the report.
• The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Residential Battery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • $ 4250
  • June 2021
  • 189 pages

The global residential battery market was valued at USD 9.87 billion in 2020, and it is anticipated to reach USD 23.03 billion by 2026, at a CAGR of 15.84% during 2021-2026. The COVID-19 pandemic is expected ...

  • World
  • Battery
  • Industry analysis
  • Gross Domestic Product
  • Disposable Income

Battery Markets in China $ 4000 April 2021


ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on