Battery Market

TABLE OF CONTENTS

1 INTRODUCTION
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           1.3.1  MARKETS COVERED
           1.3.2  YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY
    2.1 RESEARCH DATA
           2.1.1  SECONDARY DATA
                    2.1.1.1  Secondary Sources
           2.1.2 PRIMARY DATA
                    2.1.2.1  Primary Sources
    2.2 MARKET SIZE ESTIMATION
           2.2.1  BOTTOM-UP
           2.2.2  TOP-DOWN
    2.3 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 INTERNET OF THINGS MARKET - START-UP SCENARIO
    5.1 START-UP COMPANY ANALYSIS BY
           5.1.1  GLOBAL FOOTPRINT
           5.1.2  REVENUE
           5.1.3  MARKET RANKING/SHARE INTERVAL
           5.1.4  VENTURE CAPITAL AND FUNDING SCENARIO

6 MARKET OVERVIEW AND INDUSTRY TRENDS
    6.1 INTRODUCTION
    6.2 MARKET DYNAMICS
           6.2.1  DRIVERS
           6.2.2  RESTRAINTS
           6.2.3  OPPORTUNITIES
           6.2.4  CHALLENGES
    6.3 USE CASES
           6.3.1  SMART RETAIL
           6.3.2  CONNECTED HEALTH
           6.3.3  BUILDING AND HOME AUTOMATION
           6.3.4  SMART LOGISTICS
           6.3.5 SMART MOBILITY AND TRANSPORTATION
           6.3.6  SMART GRID AND UTILITIES
           6.3.7  SMART MANUFACTURING
           6.3.8  SMART HOME
           6.3.9 OTHERS
    6.4 REGULATORY FRAMEWORK (FOR IOT BATTERY)
           6.4.1  GENERAL
           6.4.2  PRESENT STATUS
           6.4.3  STANDARDIZATION NEEDS AND OUTLOOK
           6.4.4  CHALLENGES AND FUTURE STANDARDIZATION NEEDS
    6.5 IMPACT OF OTHER DISRUPTIVE TECHNOLOGIES
           6.5.1  ARTIFICIAL INTELLIGENCE (AI)
           6.5.2  5G
           6.5.3  SMART TRANSPORTATION
           6.5.4  SMART ENERGY
    6.6 IOT CHARACTERISTICS
    6.7 VALUE CHAIN ANALYSIS 
    6.8 PRICE TRENDS ANALYSIS
    6.9 TRENDS IN BATTERY-LESS IOT TECHNOLOGY
           6.9.1  AMBIENT ENERGY HARVESTING
                    6.9.1.1  Piezoelectric
                    6.9.1.2  Thermoelectric (PV)
                    6.9.1.3  Kinetic
                    6.9.1.4 Photoelectric
           6.9.2  BATTERY-FREE BLUETOOTH TAGS
    6.1 EMERGING BATTERY TECHNOLOGY: ZINC-AIR BATTERIES
    6.11 IMPACT OF COVID-19 ON BATTERY MARKET FOR IOT

7 BATTERY MARKET FOR IOT, BY TYPE (USD MILLION AND MILLION UNITS)
    7.1 INTRODUCTION
    7.2 CHEMICAL BATTERIES
           7.2.1  LITHIUM BATTERIES
           7.2.2  ALKALINE BATTERIES
           7.2.3  OTHERS
    7.3 THIN-FILM BATTERIES
    7.4 PRINTED BATTERIES
    7.5 SOLID-STATE CHIP BATTERIES

8 BATTERY MARKET FOR IOT, BY RECHARGEABILITY (USD MILLION)
    8.1 PRIMARY BATTERIES
    8.2 SECONDARY BATTERIES

9 BATTERY MARKET FOR IOT, BY END-USE APPLICATION (USD MILLION AND MILLION UNITS)
    9.1 WEARABLE DEVICES
           9.1.1  ACTIVITY MONITORS
           9.1.2  SMART WATCHES
           9.1.3  SMART GLASSES
           9.1.4  BODY-WORN CAMERAS
           9.1.5 HEARABLES
    9.2 CONSUMER ELECTRONICS
    9.3 HEALTHCARE
           9.3.1  FITNESS AND HEART RATE MONITORS
           9.3.2  BLOOD PRESSURE MONITORS
           9.3.3  BLOOD GLUCOSE METERS
           9.3.4  FALL DETECTORS
           9.3.5  OTHERS
    9.4 HOME AUTOMATION
           9.4.1  SMART LOCKS
           9.4.2  SECURITY CAMERAS
           9.4.3  SMART METERS
           9.4.4  WIRELESS ALARMS AND THEFT DETECTION SYSTEMS
           9.4.5  OCCUPANCY SENSORS
           9.4.6  SMOKE DETECTORS
           9.4.7  GARAGE DOOR SENSORS
           9.4.8  WINDOW SENSORS
           9.4.9  WATER LEAK DETECTION SENSORS
    9.5 RETAIL
           9.5.1  CONTACTLESS POINT OF SALES (POS)
           9.5.2  WIRELESS BEACONS
           9.5.3  SMART TAGS
    9.6 BFSI
           9.6.1  MOBILE POINT OF SALES (MPOS)
    9.7 AEROSPACE AND DEFENSE
           9.7.1  SMART BEACONS
           9.7.2  DRONES/ UNMANNED AERIAL VEHICLES (UAV)
           9.7.3  SMART BAGGAGE TAGS
    9.8 INDUSTRIAL
    9.9 AGRICULTURE
           9.9.1  AGRICULTURE DRONES
           9.9.2  AGRICULTURE ROBOTS
           9.9.3  SOIL MOISTURE SENSORS
           9.9.4  LIVE STOCK RFID TAGS
    9.10 SMART PACKAGING

10 BATTERY MARKET FOR IOT, BY GEOGRAPHY (USD MILLION)
     10.1 INTRODUCTION
     10.2 NORTH AMERICA
             10.2.1  US
             10.2.2  CANADA
     10.3 EUROPE
             10.3.1  UK
             10.3.2  GERMANY
             10.3.3  FRANCE
             10.3.4  REST OF EUROPE
     10.4 ASIA PACIFIC
             10.4.1  CHINA
             10.4.2  JAPAN
             10.4.3  SOUTH KOREA
             10.4.4  INDIA
             10.4.5  REST OF APAC
     10.5 REST OF THE WORLD
             10.5.1  MIDDLE EAST & AFRICA (MEA)
             10.5.2  LATIN AMERICA

11 COMPETITIVE LANDSCAPE
     11.1 OVERVIEW
     11.2 KEY PLAYERS IN BATTERY MARKET FOR IOT
     11.3 COMPETITIVE BENCHMARKING AND LANDSCAPE 
             11.3.1  NEW PRODUCT LAUNCHED AND DEVELOPMENTS
             11.3.2  PARTNERSHIPS, COLLABORATIONS, AGREEMENTS, AND ACQUISITIONS
     11.4 COMPETITIVE LEADERSHIP MAPPING
             11.4.1  VISIONARY LEADERS
             11.4.2  INNOVATORS
             11.4.3  DYNAMIC DIFFERENTIATORS
             11.4.4  EMERGING COMPANIES

12 COMPANY PROFILES
     12.1 KEY PLAYERS 
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
             12.1.1  DURACELL
             12.1.2  ENERGIZER
             12.1.3  PANASONIC
             12.1.4  LG CHEM
             12.1.5  SAMSUNG SDI
             12.1.6  STMICROELECTRONICS
             12.1.7  CYMBET
             12.1.8  ULTRALIFE
             12.1.9  IMPRINT ENERGY
             12.1.10  ILIKA
             12.1.11  BLUE SPARK TECHNOLOGIES
             12.1.12  ENFUCELL
             12.1.13  BRIGHTVOLT
             12.1.14  SAFT
             12.1.15  POWER PAPER
             12.1.16 JENAX
     12.2 RIGHT TO WIN
     12.3 OTHER KEY PLAYERS
             12.3.1  FRONT EDGE TECHNOLOGY
             12.3.2  ROCKET ELECTRIC
             12.3.3  GUANGZHOU FULLRIVER BATTERY NEW TECHNOLOGY
             12.3.4  ITEN
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

13 APPENDIX
     13.1 KNOWLEDGE STORE
     13.2 RELATED REPORTS

LIST OF TABLES (62 TABLES)

TABLE 1 BATTERY MARKET FOR IOT, BY TYPE, 2018–2025, (USD MILLION)
TABLE 2 MARKET FOR IOT, BY TYPE, 2018–2025, (MILLION UNITS)
TABLE 3 MARKET FOR IOT, BY RECHARGEABILITY, 2018–2025, (USD MILLION)
TABLE 4 MARKET FOR IOT, BY END-USE APPLICATION, 2018–2025, (USD MILLION)
TABLE 5 MARKET FOR IOT, BY END-USE APPLICATION, 2018–2025, (MILLION UNITS)
TABLE 6 MARKET FOR IOT IN WEARABLE DEVICES, BY DEVICE TYPE, 2018–2025, (MILLION UNITS)
TABLE 7 MARKET FOR IOT IN WEARABLE DEVICES, BY DEVICE TYPE, 2018–2025 (USD MILLION)
TABLE 8 MARKET FOR IOT IN WEARABLE DEVICES, BY BATTERY TYPE, 2018–2025 (MILLION UNITS)
TABLE 9 MARKET FOR IOT IN WEARABLE DEVICES, BY BATTERY TYPE, 2018–2025 (USD MILLION)
TABLE 10 MARKET FOR IOT FOR WEARABLE DEVICES, BY RECHARGEABILITY, 2018–2025, (USD MILLION)
TABLE 11 MARKET FOR IOT FOR WEARABLE DEVICES, BY REGION, 2018–2025, (USD MILLION)
TABLE 12 MARKET FOR IOT FOR CONSUMER ELECTRONICS, BY REGION, 2018–2025, (USD THOUSAND)
TABLE 13 MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2018–2025 (THOUSAND UNITS)
TABLE 14 MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2018–2025 (USD THOUSAND)
TABLE 15 MARKET FOR IOT FOR CONSUMER ELECTRONICS, BY RECHARGEABILITY, 2018–2025, (USD THOUSAND)
TABLE 16 MARKET FOR IOT IN HEALTHCARE, BY DEVICE TYPE, 2018–2025, (MILLION UNITS)
TABLE 17 MARKET FOR IOT IN HEALTHCARE, BY DEVICE TYPE, 2018–2025, (USD MILLION)
TABLE 18 MARKET FOR IOT IN HEALTHCARE, BY BATTERY TYPE, 2018–2025, (MILLION UNITS)
TABLE 19 MARKET FOR IOT IN HEALTHCARE, BY BATTERY TYPE, 2018–2025, (USD MILLION)
TABLE 20 MARKET FOR IOT IN HEALTHCARE, BY RECHARGEABILITY, 2018–2025, (USD MILLION)
TABLE 21 MARKET FOR IOT FOR HEALTHCARE, BY REGION, 2018–2025, (USD MILLION)
TABLE 22 MARKET FOR IOT IN HOME AUTOMATION, BY DEVICE TYPE, 2018–2025, (MILLION UNITS)
TABLE 23 MARKET FOR IOT IN HOME AUTOMATION, BY DEVICE TYPE, 2018–2025, (USD MILLION)
TABLE 24 MARKET FOR IOT IN HOME AUTOMATION, BY BATTERY TYPE, 2018–2025, (USD MILLION)
TABLE 25 MARKET FOR IOT IN HOME AUTOMATION, BY RECHARGEABILITY, 2018–2025, (USD MILLION)
TABLE 26 MARKET FOR IOT IN HOME AUTOMATION, BY BATTERY TYPE, 2018–2025, (MILLION UNITS)
TABLE 27 MARKET FOR IOT FOR HOME AUTOMATION, BY REGION, 2018–2025, (USD MILLION)
TABLE 28 MARKET FOR IOT IN RETAIL, BY DEVICE TYPE, 2018–2025, (MILLION UNITS)
TABLE 29 MARKET FOR IOT IN RETAIL, BY DEVICE TYPE, 2018–2025, (USD MILLION)
TABLE 30 MARKET FOR IOT IN RETAIL, BY BATTERY TYPE, 2018–2025, (MILLION UNITS)
TABLE 31 MARKET FOR IOT IN RETAIL, BY BATTERY TYPE, 2018–2025, (USD MILLION)
TABLE 32 MARKET FOR IOT IN HOME AUTOMATION, BY RECHARGEABILITY, 2018–2025, (USD MILLION)
TABLE 33 MARKET FOR IOT FOR RETAIL, BY REGION, 2018–2025, (USD MILLION)
TABLE 34 MARKET FOR IOT IN BFSI, BY DEVICE TYPE, 2018–2025
TABLE 35 BATTERY MARKET FOR IOT FOR BFSI, BY REGION, 2018–2025, (USD MILLION)
TABLE 36 MARKET FOR IOT IN BFSI, BY BATTERY TYPE, 2018–2025
TABLE 37 MARKET FOR IOT IN AEROSPACE AND DEFENSE, BY DEVICE TYPE, 2018–2025, (MILLION UNITS)
TABLE 38 MARKET FOR IOT IN AEROSPACE AND DEFENSE, BY DEVICE TYPE, 2018–2025, (USD MILLION)
TABLE 39 MARKET FOR IOT IN AEROSPACE AND DEFENSE, BY BATTERY TYPE, 2018–2025, (MILLION UNITS)
TABLE 40 MARKET FOR IOT IN AEROSPACE & DEFENSE, BY BATTERY TYPE, 2018–2025
TABLE 41 MARKET FOR IOT IN AEROSPACE & DEFENSE, BY RECHARGEABILITY, 2018–2025
TABLE 42 MARKET FOR IOT FOR AEROSPACE AND DEFENSE, BY REGION, 2018–2025, (USD MILLION)
TABLE 43 MARKET FOR IOT IN INDUSTRIAL, BY DEVICE TYPE, 2018–2025
TABLE 44 MARKET FOR IOT FOR INDUSTRIAL, BY REGION, 2018–2025, (USD MILLION)
TABLE 45 MARKET FOR IOT IN INDUSTRIAL, BY BATTERY TYPE, 2018–2025
TABLE 46 MARKET FOR IOT IN AGRICULTURE, BY DEVICE TYPE, 2018–2025, (MILLION UNITS)
TABLE 47 MARKET FOR IOT IN AGRICULTURE, BY DEVICE TYPE, 2018–2025, (USD MILLION)
TABLE 48 MARKET FOR IOT IN AGRICULTURE, BY BATTERY TYPE, 2018–2025, (MILLION UNITS)
TABLE 49 MARKET FOR IOT FOR AGRICULTURE, BY REGION, 2018–2025, (USD MILLION)
TABLE 50 BATTERY MARKET FOR IOT IN AGRICULTURE, BY BATTERY TYPE, 2018–2025
TABLE 51 MARKET FOR IOT IN AGRICULTURE, BY RECHARGEABILITY, 2018–2025
TABLE 52 BATTERY MARKET FOR SMART PACKAGING, BY TYPE, 2018–2025 (MILLION UNITS)
TABLE 53 BATTERY MARKET FOR SMART PACKAGING, BY TYPE, 2018–2025 (USD MILLION)
TABLE 54 MARKET FOR IOT FOR SMART PACKAGING, BY REGION, 2018–2025, (USD MILLION)
TABLE 55 MARKET FOR IOT IN SMART PACKAGING, BY RECHARGEABILITY, 2018–2025
TABLE 56 BATTERY MARKET FOR IOT, BY REGION, 2018–2025, (USD MILLION)
TABLE 57 MARKET OF IOT IN NORTH AMERICA, BY COUNTRY, 2018–2025, (USD MILLION)
TABLE 58 MARKET OF IOT IN EUROPE, BY COUNTRY, 2018–2025, (USD MILLION)
TABLE 59 MARKET OF IOT IN APAC, BY COUNTRY, 2018–2025, (USD MILLION)
TABLE 60 MARKET OF IOT IN ROW, BY REGION, 2018–2025, (USD MILLION)
TABLE 61 NEW PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 62 PARTNERSHIPS, COLLABORATIONS, AGREEMENTS, AND ACQUISITIONS

LIST OF FIGURES (41 FIGURES)

FIGURE 1 BATTERY MARKET FOR IOT - SEGMENTATION
FIGURE 2 BATTERY MARKET FOR IOT: RESEARCH DESIGN
FIGURE 3 SECONDARY SOURCES
FIGURE 4 PRIMARY SOURCES
FIGURE 5 BATTERY MARKET FOR IOT: RESEARCH DESIGN
FIGURE 6 BOTTOM-UP APPROACH
FIGURE 7 TOP-DOWN APPROACH
FIGURE 8 DATA TRIANGULATION
FIGURE 9 BATTERY MARKET FOR IOT: RESEARCH DESIGN
FIGURE 10 MICRO-BATTERY SEGMENT TO GROW AT HIGHEST CAGR FROM 2020 TO 2025
FIGURE 11 MARKET FOR IOT IN APAC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025
FIGURE 12 RISING NEED FOR THIN AND FLEXIBLE BATTERIES IN IOT AND MEDICAL DEVICES DRIVE MARKET GROWTH
FIGURE 13 SECONDARY BATTERY SEGMENT TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF MARKET FOR IOT DURING FORECAST PERIOD
FIGURE 14 HOME AUTOMATION SEGMENT IS EXPECTED TO HOLD LARGEST SIZE OF MARKET FOR IOT, IN TERMS OF VOLUME, FROM 2020 TO 2025
FIGURE 15 BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 16  BATTERY MARKET FOR IOT
FIGURE 17 LITHIUM PRICE TREND
FIGURE 18 LITHIUM BATTERIES SEGMENT ACCOUNTED FOR A LARGEST SIZE OF MARKET FOR IOT FROM 2020 TO 2025
FIGURE 19 SECONDARY BATTERIES SEGMENT TO LEAD MARKET FOR IOT FROM 2020 TO 2025
FIGURE 20 MARKET FOR IOT IN AEROSPACE AND DEFENSE PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025
FIGURE 21 BLOOD PRESSURE MONITORS SEGMENT EXPECTED TO ACCOUNT FOR LARGEST SHARE OF MARKET (IN TERMS OF UNITS SHIPPED) IN 2020
FIGURE 22  BATTERY MARKET IN APAC IS EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025
FIGURE 23 NORTH AMERICA SNAPSHOT
FIGURE 24 EUROPE SNAPSHOT
FIGURE 25 APAC SNAPSHOT
FIGURE 26 COMPETITIVE LEADERSHIP MAPPING
FIGURE 27 DURACELL: COMPANY SNAPSHOT
FIGURE 28 ENERGIZER: COMPANY SNAPSHOT
FIGURE 29 PANASONIC CORPORATION: COMPANY SNAPSHOT
FIGURE 30 LG CHEM: COMPANY SNAPSHOT
FIGURE 31 SAMSUNG SDI: COMPANY SNAPSHOT
FIGURE 32 STMICROELECTRONICS: COMPANY SNAPSHOT
FIGURE 33 CYMBET: COMPANY SNAPSHOT
FIGURE 34 ULTRALIFE: COMPANY SNAPSHOT
FIGURE 35 IMPRINT ENERGY: COMPANY SNAPSHOT
FIGURE 36 ILIKA: COMPANY SNAPSHOT
FIGURE 37 BLUE SPARK TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 38 ENFUCELL: COMPANY SNAPSHOT
FIGURE 39 BRIGHTVOLT: COMPANY SNAPSHOT
FIGURE 40 SAFT: COMPANY SNAPSHOT
FIGURE 41  POWER PAPER: COMPANY SNAPSHOT

The study involved the estimation of the current size of the battery market for IoT. Exhaustive secondary research was conducted to collect information on the market, its peer markets, and its parent market. This was followed by the validation of these findings, assumptions, and sizing with the industry experts identified across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the market. This was followed by market breakdown and data triangulation procedures, which were used to estimate the size of the market based on different segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were referred to for the identification and collection of relevant information for this study on the battery market for IoT. Secondary sources included annual reports, press releases, and the investor presentations of companies; white papers; journals and certified publications; and articles by recognized authors, websites, directories, and databases. Secondary research was conducted to obtain the key information regarding the supply chain and the value chain of the industry, the total pool of key players, market segmentation according to industry trends (to the bottom-most level), geographic markets, and key developments from market- and technology-oriented perspectives. Secondary data was collected and analyzed to arrive at the overall size of the battery market for IoT, which was further validated by primary research.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information relevant to this report. Several primary interviews were conducted with the market experts from both demand (the manufacturers of batteries for IoT used in different industries) and supply sides. The primary data was collected through questionnaires, emails, and telephonic interviews. Primary sources included industry experts such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, technology and innovation directors, and related executives from various key companies and organizations operating in the battery market for IoT.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were implemented to estimate and validate the total size of the battery market for IoT. These methods were used extensively to estimate the size of the market based on various segments and subsegments. The research methodology used to estimate the market size included the following steps:

• Key players in the industry were identified through extensive secondary research.
• The industry’s supply chain was identified, and the market size, in terms of value, was determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall size of the battery market for IoT—using the market size estimation processes as explained above—the market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from the demand and supply sides across different applications.

Study Objectives

• To describe and forecast the battery market for IoT, in terms of value and volume, based on type, rechargeability, and end-use application
• To describe and forecast the market size for 4 major regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
• To provide detailed information regarding the major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
• To analyze opportunities in the battery market for IoT for stakeholders and provide a detailed competitive landscape of the market for the leading players
• To strategically profile the key players operating in the market and comprehensively analyze their core competencies
• To map the competitive intelligence based on the company profiles, as well as key growth strategies adopted and game-changing developments such as product developments, collaborations, and acquisitions undertaken in the market