Micro Battery Market

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Study Objectives
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Geographic Scope
           1.3.2 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
           2.1.2 Secondary Data
                    2.1.2.1 Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Primary Sources
                    2.1.3.2 Key Industry Insights
                    2.1.3.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Arriving at the Market Share By Bottom-Up Approach (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Arriving at the Market Share By Top-Down Analysis (Supply Side)
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Growth Opportunities in Market
    4.2 Market, By Type
    4.3 Market in North America, By Country and Application
    4.4 Market, By Application
    4.5 Market, By Country, 2018

5 Market Overview (Page No. - 37)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Inherent Advantages of Micro Batteries
                    5.1.1.2 Growth in the Adoption of Wearable Devices
                    5.1.1.3 Need for Compact Batteries in Medical Devices
                    5.1.1.4 Demand for Thin and Flexible Batteries in IoT Devices
           5.1.2 Restraints
                    5.1.2.1 Technical Inabilities of Micro Batteries
                    5.1.2.2 High Capital Investment
                    5.1.2.3 Lack of Standardization in the Development of Micro Batteries
           5.1.3 Opportunities
                    5.1.3.1 Integration of Micro Batteries in Smart Textiles
                    5.1.3.2 Rise in the Adoption of Wireless Sensors
           5.1.4 Challenges
                    5.1.4.1 Complex Design Process
                    5.1.4.2 High Competition From Conventional Battery Technologies
           5.1.5 Value Chain Analysis

6 Components of Micro Battery (Page No. - 43)
    6.1 Introduction
    6.2 Electrodes
           6.2.1 Cathode
           6.2.2 Anode
    6.3 Electrolytes
    6.4 Substrates
    6.5 Current Collectors
    6.6 Others

7 Micro Battery Market, By Type (Page No. - 46)
    7.1 Introduction
    7.2 Thin Film Battery
           7.2.1 Thin Film Battery Led the Global Micro Battery Market in 2018
    7.3 Printed Battery
           7.3.1 Printed Batteries are Mostly Primary Batteries Composed of Non-Toxic Components
    7.4 Solid State Chip Battery
           7.4.1 Solid State Chip Batteries are Packaged as A Surface Mount Device.

8 Micro Battery Market, By Rechargeability (Page No. - 54)
    8.1 Introduction
    8.2 Primary Battery
           8.2.1 Primary Batteries are Prominently Used in Devices Wherein Charging is Impractical
    8.3 Secondary Battery
           8.3.1 Rechargeable Batteries have A Higher Demand Than Primary Batteries Because of Their Longer Lifespan.

9 Micro Battery Market, By Capacity (Page No. - 59)
    9.1 Introduction
    9.2 Below 10 mAh
           9.2.1 Devices That Require Low Power Mostly Employee Micro Batteries With A Capacity Below 10 mAh.
    9.3 Between 10 mAh to 100 mAh
           9.3.1 Above 100 mAh Micro Batteries are Designed for Devices With High Energy Requirements
    9.4 Above 100 mAh
           9.4.1 Devices That Require Low Power Mostly Employee Micro Batteries With A Capacity Below 10 mAh.

10 Micro Battery Market, By Application (Page No. - 65)
     10.1 Introduction
     10.2 Consumer Electronics
             10.2.1 Micro Batteries for Consumer Electronics Application are in the Initial Stage of Commercialization
     10.3 Medical Devices
             10.3.1 Penetration of IoT in the Medical Field have Generated Opportunities for New Battery-Powered Medical Devices.
     10.4 Smart Packaging
             10.4.1 Holds A Significant Share in the Overall Market
     10.5 Smart Cards
             10.5.1 Smart Cards are One of the Major Application Areas for Micro Batteries
     10.6 Wearable Devices
             10.6.1 Micro Batteries are Increasing Used in Wearable Devices Due to Their Design and Flexibility
     10.7 Wireless Sensor Nodes
             10.7.1 Wireless Sensor Nodes have Limited Internal Space, Thus Micro Battery is A Preferred Power Source.
     10.8 Others
             10.8.1 Growing Popularity of Micro Batteries is Expected to Widen Their Potential Application Areas in the Coming Years.

11 Geographic Analysis (Page No. - 92)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                        11.2.1.1 Accounted for the Largest Share for Market in North America
             11.2.2 Canada
                        11.2.2.1 Adoption of IoT in Medical Devices has Created Significant Opportunities for the Growth of Market in Canada
             11.2.3 Mexico
                        11.2.3.1 Mexico is Expected to Be A Lucrative Market for Micro Batteries.
     11.3 Europe
             11.3.1 Germany
                        11.3.1.1 Germany Invests in Extensive R&D of Battery Production, Due to Which It Holds A Strong Market Value
             11.3.2 UK
                        11.3.2.1 Increasing Demand for Smart Wearable Devices as Well as Iot-Based Medical Devices, is Expected to Drive the Demand for Micro Batteries in the UK
             11.3.3 France
                        11.3.3.1 France is an Important Destination in Terms of Technology and Industrialization.
             11.3.4 Rest of Europe
                        11.3.4.1 Rest of Europe Held the Largest Share of the Market in Europe
     11.4 APAC
             11.4.1 China
                        11.4.1.1 China, Holds Immense Potential for the Growth of the Market.
             11.4.2 Japan
                        11.4.2.1 The Presence of Major Wearable Devices Manufacturing Companies has Contributed to the High Growth of the Market in This Country.
             11.4.3 India
                        11.4.3.1 India Presents Huge Growth Opportunities for the IoT Market
             11.4.4 Rest of APAC
                        11.4.4.1 The Growing Number of Production-Based Companies is Driving the Growth of the Market in Many Countries in RoAPAC
     11.5 RoW
             11.5.1 Middle East & Africa
                        11.5.1.1 Banks in This Region are Adopting the Smart Card Technology for Secure Transactions, Thus Increasing the Demand for Micro Battery
             11.5.2 South America
                        11.5.2.1 Technological Advancements, Such as the Influx of Iot, Drive the Growth of the Micro Battery Market in This Region.

12 Competitive Landscape (Page No. - 109)
     12.1 Overview
     12.2 Ranking Analysis, 2018
     12.3 Competitive Leadership Mapping
             12.3.1 Visionary Leaders
             12.3.2 Dynamic Differentiators
             12.3.3 Innovators
             12.3.4 Emerging Companies
     12.4 Competitive Benchmarking
             12.4.1 Strength of Product Portfolio (18 Players)
             12.4.2 Business Strategy Excellence (18 Players)
     12.5 Competitive Situations and Trends
             12.5.1 Product Launches and Developments
             12.5.2 Others

13 Company Profiles (Page No. - 115)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     13.1 Key Players
             13.1.1 Cymbet
             13.1.2 Stmicroelectronics
             13.1.3 Enfucell
             13.1.4 Samsung SDI
             13.1.5 Brightvolt
             13.1.6 Front Edge Technology
             13.1.7 Power Paper
             13.1.8 Enfucell
             13.1.9 Imprint Energy
             13.1.10 Ultralife
             13.1.11 Blue Spark Technologies
     13.2 Other Companies
             13.2.1 Energy Diagnostics Limited
             13.2.2 Prologium Technology Co., Ltd.
             13.2.3 Molex
             13.2.4 Polyplus Battery
             13.2.5 Iten SA
             13.2.6 Jenax
             13.2.7 Panasonic
             13.2.8 TDK
             13.2.9 Guangzhou Fullriver Battery
             13.2.10 NEC Energy Solutions

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 138)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details

List of Tables (60 Tables)

Table 1 Market, in Terms of Value and Volume, 2016–2025
Table 2 Market, By Type, 2016–2025 (USD Million)
Table 3 Thin Film Battery Market, By Rechargeability, 2016–2025 (USD Million)
Table 4 Thin Film Battery Market, By Application, 2016–2025 (USD Million)
Table 5 Printed Battery Market, By Rechargeability, 2016–2025 (USD Million)
Table 6 Printed Battery Market, By Application, 2016–2025 (USD Million)
Table 7 Solid State Chip Battery Market, By Rechargeability, 2016–2025 (USD Million)
Table 8 Solid State Chip Battery Market, By Application, 2016–2025 (USD Thousand)
Table 9 Market, By Rechargeability, 2016–2025 (USD Million)
Table 10 Primary Micro Battery Market, By Type, 2016–2025 (USD Million)
Table 11 Secondary Micro Battery Market , By Type, 2016–2025 (USD Million)
Table 12 Market, By Capacity, 2016–2023 (USD Million)
Table 13 Market With Capacity Below 10 mAh, By Application, 2016–2025 (USD Million)
Table 14 Market With Capacity Between 10 mAh & 100 mAh, By Application, 2016–2025 (USD Million)
Table 15 Market With Capacity Above 100 mAh, By Application, 2016–2025 (USD Thousand)
Table 16 Market, By Application, 2016–2025 (USD Million)
Table 17 Market for Consumer Electronics Application, By Type, 2016–2025 (USD Million)
Table 18 Market for Consumer Electronics Application, By Capacity, 2016–2025 (USD Thousand)
Table 19 Market for Consumer Electronics Application, By Region, 2016–2025 (USD Thousand)
Table 20 Market for Consumer Electronics Application in North America, By Country, 2016–2025 (USD Thousand)
Table 21 Market for Consumer Electronics Application in APAC, By Country, 2016–2025 (USD Thousand)
Table 22 Market for Medical Devices Application, By Type, 2016–2025 (USD Million)
Table 23 Market for Medical Devices Application, By Capacity, 2016–2025 (USD Million)
Table 24 Market for Medical Devices Application, By Region, 2016–2025 (USD Million)
Table 25 Market for Medical Devices Application in North America, By Country, 2016–2025 (USD Million)
Table 26 Market for Medical Devices Application in APAC, By Country, 2016–2025 (USD Thousand)
Table 27 Market for Smart Packaging Application, By Type, 2016–2025 (USD Million)
Table 28 Market for Smart Packaging Application, By Capacity, 2016–2025 (USD Million)
Table 29 Market for Smart Packaging Application, By Region, 2016–2025 (USD Million)
Table 30 Market for Smart Packaging Application in North America, By Country, 2016–2025 (USD Million)
Table 31 Market for Smart Packaging Application in APAC, By Country, 2016–2025 (USD Million)
Table 32 Market for Smart Cards Application, By Type, 2016–2025 (USD Million)
Table 33 Market for Smart Cards Application, By Capacity, 2016–2025 (USD Million)
Table 34 Market for Smart Cards Application, By Region, 2016–2025 (USD Million)
Table 35 Market for Smart Cards Application in North America, By Country, 2016–2025 (USD Million)
Table 36 Market for Smart Cards Application in APAC, By Country, 2016–2025 (USD Million)
Table 37 Market for Wearable Devices Application, By Type, 2016–2025 (USD Million)
Table 38 Market for Wearable Devices Application, By Capacity, 2016–2025 (USD Thousand)
Table 39 Market for Wearable Devices Application, By Region, 2016–2025 (USD Million)
Table 40 Market for Wearable Devices Application in North America, By Country, 2016–2025 (USD Million)
Table 41 Market for Wearable Devices Applications in APAC, By Country, 2016–2025 (USD Million)
Table 42 Market for Wireless Sensor Nodes Application, By Type, 2016–2025 (USD Million)
Table 43 Market for Wireless Sensor Nodes Application, By Capacity, 2016–2025 (USD Million)
Table 44 Market for Wireless Sensor Nodes Application, By Region, 2016–2025 (USD Million)
Table 45 Market for Wireless Sensor Nodes Application in North America, By Country, 2016–2025 (USD Million)
Table 46 Market for Wireless Sensor Nodes Application in APAC, By Country, 2016–2025 (USD Million)
Table 47 Market for Other Applications, By Type, 2016–2025 (USD Million)
Table 48 Market for Other Applications, By Capacity, 2016–2025 (USD Thousand)
Table 49 Market for Other Applications, By Region, 2016–2025 (USD Million)
Table 50 Market for Other Applications in North America, By Country, 2016–2025 (USD Thousand)
Table 51 Market for Other Applications in APAC, By Country, 2016–2025 (USD Thousand)
Table 52 Market, By Region, 2016–2025 (USD Million)
Table 53 Market in North America, By Country, 2016–2025 (USD Million)
Table 54 Market in North America, By Application, 2016–2025 (USD Thousand)
Table 55 Market in Europe, By Country, 2016–2025 (USD Million)
Table 56 Market in Europe, By Application, 2016–2025 (USD Million)
Table 57 Market in APAC, By Country, 2016–2025 (USD Million)
Table 58 Market in APAC, By Application, 2016–2025 (USD Million)
Table 59 Market in RoW, By Region, 2016–2025 (USD Million)
Table 60 Market in RoW, By Application, 2016–2025 (USD Thousand)

List of Figures (38 Figures)

Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Thin Film Battery Estimated to Hold Largest Size of Overall Market in 2019
Figure 6 Market for Wearable Devices to Grow at Highest CAGR During Forecast Period
Figure 7 APAC Estimated to Hold Largest Share of Market in 2019
Figure 8 Rise in Adoption of Miniature Medical Devices to Create Attractive Growth Opportunities for Market Players
Figure 9 Thin Film Battery Market to Grow at Highest CAGR During Forecast Period
Figure 10 US to Hold Largest Share of Market in North America By 2025
Figure 11 Smart Cards Application to Dominate Market From 2019 to 2025
Figure 12 US Expected Held Largest Share of Market in 2018
Figure 13 Inherent Advantages Drive Market
Figure 14 Global Shipment of Wearable Devices, 2017–2023 (Million Units)
Figure 15 Market: Major Value Added By Manufacturers and Component Providers
Figure 16 Components of Micro Battery
Figure 17 Market, By Type, 2018
Figure 18 Market for Thin Film Battery to Grow at Highest CAGR From 2019 to 2025
Figure 19 Market, By Rechargeability, 2018
Figure 20 Market for Secondary Micro Battery to Grow at Higher CAGR From 2019 to 2025
Figure 21 Market, By Capacity, 2018
Figure 22 Between 10 & 100 mAh Capacity Segment to Grow at Highest CAGR From 2019 to 2025
Figure 23 Market, By Application
Figure 24 Market for Smart Cards Expected to Grow at Highest CAGR From 2019 to 2025
Figure 25 China to Dominate the APAC Micro Battery Market for Consumer Electronics Application By 2025
Figure 26 Thin Film Battery Market for Smart Packaging Application to Grow at Highest CAGR During Forecast Period
Figure 27 North America Expected to Hold Largest Share of Micro Battery Market for Smart Cards Application By 2025
Figure 28 Micro Battery Market for Wearable Devices Application in China to Grow at Highest CAGR During Forecast Period
Figure 29 Capacity Above 100 mAh to Account for Largest Share of Micro Battery Market for Other Applications During Forecast Period
Figure 30 Geographic Snapshot: India Expected to Witness Significant Growth During Forecast Period
Figure 31 APAC Held Largest Share of Micro Battery Market in 2018
Figure 32 North America: Snapshot of Micro Battery Market
Figure 33 Europe: Snapshot of Micro Battery Market
Figure 34 APAC: Snapshot of Micro Battery Market
Figure 35 Micro Battery Market: Ranking Analysis (2018)
Figure 36 Market (Global) Competitive Leadership Mapping, 2018
Figure 37 Stmicroelectronics: Company Snapshot
Figure 38 Samsung SDI: Company Snapshot

The study involved 4 major activities in estimating the market size for micro batteries. Exhaustive secondary research has been conducted to collect information on the market, peer market, and parent market. Validation of these findings and assumptions with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation procedures have been used to estimate the market size of each segment and subsegment.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information for this study. Secondary sources include government sources; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and professional associations. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.

Primary Research

The micro battery market comprises several stakeholders, such as associations and industrial bodies, pneumatic system manufacturers, pneumatic system distributors and providers, manufacturers, research organizations and consulting companies, and technology investors. Extensive primary research has been conducted after understanding and analyzing the micro battery market through secondary research. Several primary interviews have been conducted with market experts from both the demand- and supply-side vendors from across 4 regions—North America, Europe, APAC, and RoW. Approximately 20% of the primary interviews have been conducted with the demand side and 80% with the supply side. This primary data has been collected through questionnaires, emails, and telephonic interviews.

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

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the micro battery market. These methods have been also used extensively to estimate the size of various subsegments in the market. The following method has been used to estimate the market size:

Bottom-Up:

• Initially, a list of more than 25 companies offering micro batteries was identified. Their offerings were mapped based on battery type, rechargeability, capacity, and applications.
• The micro battery market is at its initial stage of commercialization. As of now, only a few companies have commercialized their micro batteries.
• After understanding the basic difference between various technologies of the micro battery, based on the data gathered through primary and secondary sources, the batteries were categorized into different types.
• The global micro battery market was derived through data sanity method. For each type, i.e., thin film battery, printed battery, and solid state chip battery, the revenues of respective providers were analyzed through annual reports and press releases and summed to derive the overall market.
• For each company, a percentage is assigned to their overall revenue or in some case, segmental revenue, to derive their revenue from the micro battery. The percentage for each company is assigned based on the company’s product portfolio and its range of micro battery offerings.
• For the projected market values, the Y-o-Y was set to show a slow or a steady growth initially till the year 2019 and sharp upward slope thereafter, considering the commercialization of these batteries by various manufacturers.
• For the CAGR, the market trend analysis of micro battery was carried out by understanding the industry penetration rate, and the demand and supply of micro batteries for different end-use industries.
• Further, the average selling price (ASP) of micro battery types were identified based on secondary sources and validated from primaries. From the primaries and internal analysis, the shipment of micro batteries was calculated.
• The estimates at every level were verified and crosschecked by discussing with key opinion leaders, including CXOs, directors, and operation managers, and with domain experts in MarketsandMarkets.
• Various paid and unpaid information sources such as annual reports, press releases, white papers, and databases were studied

Top-Down:

• The global market size of micro battery was estimated through data sanity of 25 major companies.
• The growth of the micro battery market has observed a steep upward slope trend during the studied period, as it is currently in the initial stage of the product cycle, with major players beginning to commercialize their products.
• Types of micro battery, their features and properties, geographical presence, and key applications served by all players in the micro battery market were studied to estimate and arrive at the percentage split of the segments.
• Different types of micro battery and its penetration for the end-use applications that use or are expected to implement the battery in the near future were identified.
• The market split for micro battery, by capacity (below 10 mAh, between 10mAh & 100 mAh, above 100 mAh) and rechargeability (primary & secondary), based on secondary research and by assuming the penetration and commercialization of each micro battery in segments, was estimated, respectively.
• The demand generated by companies operating in different application segments of the end-use application was analyzed.
• Ongoing and upcoming projects pertaining to the implementation of micro battery by end-use applications were tracked, and the market size was forecasted based on these developments and other critical parameters.
• Multiple discussions with key opinion leaders across major companies involved in the development of micro battery and related components were conducted, to validate the market split of individual capacity, rechargeability, and applications.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

• To define and forecast the micro battery market, in terms of value, by type, capacity, rechargeability, and application
• To describe and forecast the micro battery market, in terms of value, for regions such as North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW), along with their respective countries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To study the complete value chain of the micro battery market
• To analyze opportunities in the market for stakeholders by identifying high-growth segments of the micro battery ecosystem
• To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with a detailed competitive landscape for market leaders
• To analyze strategic approaches such as product launches, acquisitions, collaborations, contracts, agreements, expansions, and partnerships in the micro battery market.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of a company. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to 5)