Micro Battery Market by Type (Thin-film, Printed, Solid-state Chip, Button Battery), Capacity, Rechargeability, Application (Medical Devices, Consumer Electronics, Smart Packaging) and Geography (2021-2026)
[214 Pages Report] The global micro battery market size is expected to grow from USD 326 million in 2021 to USD 842 million by 2026 at a CAGR of 20.9%.
The growth of the micro 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.
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The market for solid-state chip battery to grow at the highest CAGR from 2021 to 2026
The development of solid-state chip batteries as a replacement for conventional lithium-ion batteries is currently underway in the global micro battery industry. 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. With the advent of IoT, almost everything is connected to the internet. Battery performance has become one of the essential factors to consider while designing electronic devices in addition to compactness and communication capabilities. 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.
System integration market for industrial automation in energy & power industry to exhibit high growth during the forecast period
The micro battery market for the secondary battery segment is projected to grow at a higher CAGR from 2021 to 2026. Applications such as consumer electronics, wearable devices, medical devices, and wireless sensor systems require secondary batteries with a long lifespan. With the advancements in technologies used in wearable devices and medical devices, manufacturers are continuously making efforts to come up with innovative designs suitable for their devices. This, in turn, is increasing the requirement for thin, lightweight, bendable, flexible, and high-capacity rechargeable batteries that can last long. Therefore, the demand for secondary micro batteries in the aforementioned applications is high and is expected to increase rapidly during the forecast period.
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The micro battery market in APAC to grow at the highest CAGR during the forecast period
The micro battery market in APAC is expected to grow at the highest CAGR during the forecast period. The major manufacturers of wearable devices and consumer electronics in this region are miniaturizing their product designs and require micro power sources for compatibility with the miniaturized designs. Technology advancements in smart packaging (e.g., 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 market growth in APAC.
Key Market Players
As of 2020, 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); and Duracell Inc. (US) were the major players in the micro battery market. The study includes an in-depth competitive analysis of these key players in the micro battery market with their company profiles, recent developments, and key market strategies.
Report Scope:
|
Report Metric |
Details |
|
Years considered |
20172026 |
|
Base year considered |
2020 |
|
Forecast period |
20212026 |
|
CAGR |
20.9% |
|
Segments covered |
Battery Type, Rechargeability, Capacity, Application |
|
Regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
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); and 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). |
In this report, the overall micro battery market has been segmented based on type, rechargeability, capacity, application, and region.
By Type:
- Button Battery
- Thin-film Battery
- Printed Battery
- Solid-state Chip Battery
By Rechargeability:
- Primary Batteries
- Secondary Batteries
By Capacity
- Below 10 mAh
- Between 10 mAh & 100 mAh
- Above 100 mAh
By Application
- Consumer Electronics
- Medical Devices
- Smart Packaging
- Smart Cards
- Wireless Sensor Nodes
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
- Rest of the World (RoW)
- Middle East & Africa
- South America
COVID-19 impact on the Global Micro Battery Market
COVID-19 has had a significant impact on the micro battery market and its end users. A few of the end users of micro batteries, such as consumer electronics, wearables, printed electronics, smart cards, and smart textile manufacturers, were badly hit by the pandemic and had to slow down production. However, other end users such as electronic medical device manufacturers had to ramp up and/or set up additional production capacity to adapt to increased consumption. The overall long-term impact of COVID-19 on the micro battery market is expected to depend on various factors, such as the global spread and the duration of the pandemic, actions taken by various government authorities worldwide in response to the pandemic, and the severity of the disease.
Micro Battery Market
Driver: Demand for thin and flexible batteries in IoT applications
The Internet of Things (IoT) provides network connectivity with the help of physical objects in which software and sensors are utilized to deliver data and exchange it with other connected devices. With the decreasing requirement of power in semiconductors and IoT applications experiencing rapid growth, many players are looking for flexible form factors to power distributed electronic devices. Applications such as smart cards, sensors, wireless sensor nodes, smart labels, RFID tags, and packaging require flexibility and thinness to exchange data efficiently. IoT uses traditional batteries to supply power to the network. However, in many applications, sensor performance is hampered due to the size of the battery embedded in the device. Thin and flexible batteries, on the other hand, provide services by harvesting energy for the device. These batteries provide a longer shelf time to sensors as they continuously power the sensors. As a result, the use of thin and flexible batteries in IoT is expected to increase, thus boosting the market for micro batteries.
Restraint: Technical inabilities of micro batteries
Though micro batteries have inherent advantages that enable them to outdo conventional batteries in several application areas, they also come with a few disadvantages that are expected to restrain their adoption in some application areas. As these batteries are small, power consumption takes place faster, thus requiring frequent charges to ensure their long-term use. This leads to limiting the potential application areas for micro batteries. Their size also determines their power capacity. Therefore, micro batteries have low energy density. Though they provide various features and specifications, micro batteries, unlike traditional batteries, cannot deliver high power.
Opportunity: Integration of micro batteries in smart textiles
Smart textiles, also known as electronic textiles, are printed fabrics that sense physiological parameters such as blood pressure, heart rate, and body temperature and adjust the clothing temperature accordingly. These textiles are gaining popularity in the fitness and sports industries. New-generation smart textiles can sense, respond, and adapt themselves to different environmental conditions. Flexible sensors and other components, such as microcontrollers and controlling units, are embedded in smart fabrics to monitor and sense various environmental conditions. Thus, smart textiles require an ultra-thin printed battery solution to power these integrated sensor devices. The increasing popularity of smart textiles has created the demand for printed battery solutions to power them.
Challenge: Complexities in fabrication
Thin-film batteries have several distinctive features, such as high flexibility, lightweight, easy portability, higher power-holding capacity, and excellent energy density. However, the fabrication of such batteries is more challenging than that of conventional rechargeable lithium-ion batteries. During the fabrication of thin-film lithium-ion batteries, it is essential to achieve an optimal match between core components such as nanostructured electrode materials and shape-conformable solid electrolytes and soft current collectors. This enables batteries to maintain stable electrochemical performance even if they are deformed to fit powered devices. However, the fabrication process of such batteries is costly. It also requires a complex screening of solid-state electrolytes, soft current collectors, electrode materials, and full lithium-ion battery cell assemblies. Thus, the complexity in the fabrication of thin-film lithium-ion batteries acts as a key challenge for the market's growth.
Recent Developments
- In June 2021, VARTA partnered with Allgau Batterie, a Bavaria-based service provider that operates in the battery charging industry, to expand its lithium-ion battery offerings. The company also announced that this partnership would help it to offer battery solutions for a wide range of applications, without long design-in times.
- In June 2020, TDK Corporation launched a new packing unit for CeraCharge, the SMD technology solid-state rechargeable battery, in the compact size EIA 1812 (4.4 x 3.0 x 1.1 mm3). The packing unit (B73180A0101M199) includes 10 blister-packed CeraCharge batteries, which come in a vacuum-sealed plastic bag.
- In March 2020, Enfucell launched the wearable temperature tag. The tag combines NFC, intelligent temperature sensor, and SoftBattery (printed paper batteries). The company also announced that the wearable body temperature tag could be attached to the persons armpit or fixed on the arm. After activation through a mobile app, users can set the time interval to record the temperature according to various needs. The tag can accurately record the temperature data and read real-time location information to help administrators precisely monitor the target person.
Frequently Asked Questions (FAQ):
Which region is expected to generate the highest revenues during the forecast period?
The APAC region is expected to generate the highest revenue during the forecast period
Does this report include the impact of COVID-19 on the micro battery market?
Yes, the report includes the impact of COVID-19 on the micro battery market. It illustrates the post- COVID-19 market scenario.
Who are the top ten players in the micro battery market?
The major vendors operating in the micro battery 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); and Duracell Inc. (US)
Which major countries are considered in the European region?
The report includes an analysis of the UK, Germany, France, and the rest of European countries.
Which is the highest revenue-generating application during the forecast period?
The consumer electronics application segment is expected to generate the highest revenue during the forecast period. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 26)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
FIGURE 1 MICRO BATTERY MARKET SEGMENTATION
1.3.1 GEOGRAPHIC SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 32)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Key secondary sources
2.1.2.2 Secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share, by bottom-up approach (demand side)
FIGURE 3 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market share by top-down analysis (supply side)
FIGURE 4 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR MICRO BATTERY MARKET USING SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY (Page No. - 44)
FIGURE 7 ANALYSIS OF COVID-19 IMPACT ON MICRO BATTERY MARKET
3.1 POST-COVID-19 REALISTIC SCENARIO
3.2 POST-COVID-19 PESSIMISTIC SCENARIO
3.3 POST-COVID-19 OPTIMISTIC SCENARIO
FIGURE 8 BUTTON BATTERIES ESTIMATED TO HOLD LARGEST SIZE OF OVERALL MARKET BY 2026
FIGURE 9 MARKET FOR CONSUMER ELECTRONICS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 10 APAC ESTIMATED TO HOLD LARGEST SHARE OF MICRO BATTERY MARKET IN 2020
4 PREMIUM INSIGHTS (Page No. - 50)
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN GLOBAL MICRO BATTERY MARKET
FIGURE 11 RISE IN ADOPTION OF MINIATURE MEDICAL DEVICES TO CREATE ATTRACTIVE GROWTH OPPORTUNITIES FOR MARKET, 20212026
4.2 MICRO BATTERY MARKET, BY TYPE
FIGURE 12 BUTTON BATTERY MARKET TO DOMINATE MARKET DURING FORECAST PERIOD
4.3 MICRO BATTERY MARKET, BY RECHARGEABILITY
FIGURE 13 PRIMARY BATTERY MARKET TO ACCOUNT FOR LARGER SHARE BY 2026
4.4 MICRO BATTERY MARKET, BY CAPACITY AND COUNTRY
FIGURE 14 US TO HOLD LARGEST SHARE OF GLOBAL MARKET BY 2026
4.5 MICRO BATTERY MARKET, BY APPLICATION
FIGURE 15 CONSUMER ELECTRONICS APPLICATION TO DOMINATE MARKET FROM 2021 TO 2026
4.6 MICRO BATTERY MARKET, BY COUNTRY, 2021
FIGURE 16 US TO HOLD LARGEST SHARE OF MARKET IN 2021
5 MARKET OVERVIEW (Page No. - 53)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 MICRO BATTERY MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Use of printed flexible batteries in medical devices to treat COVID-19 patients
5.2.1.2 Advantages offered by micro batteries over traditional batteries
5.2.1.3 Increasing use of micro batteries in medical and electronic devices
5.2.1.4 Growing adoption of wearable devices
FIGURE 18 GLOBAL SHIPMENT OF WEARABLE DEVICES, 20172020 (MILLION UNITS)
5.2.1.5 Demand for thin and flexible batteries in IoT applications
5.2.2 RESTRAINTS
5.2.2.1 High investments required for developing micro batteries
5.2.2.2 Technical inabilities of micro batteries
5.2.2.3 Lack of standardization for development of micro batteries
5.2.3 OPPORTUNITIES
5.2.3.1 Integration of micro batteries in smart textiles
5.2.3.2 Rising adoption of wireless sensors equipped with micro batteries
5.2.4 CHALLENGES
5.2.4.1 Complexities in fabrication
5.3 VALUE CHAIN ANALYSIS
FIGURE 19 MICRO BATTERY MARKET: MAJOR VALUE IS ADDED IN RAW MATERIAL SUPPLIERS AND MANUFACTURING & ASSEMBLY PHASES
5.4 ECOSYSTEM
FIGURE 20 MICRO BATTERY MARKET: ECOSYSTEM
TABLE 2 ROLE OF COMPANIES IN MICRO BATTERY ECOSYSTEM
5.5 YC-YCC SHIFT
5.6 PORTERS FIVE FORCES ANALYSIS
5.6.1 BARGAINING POWER OF SUPPLIERS
5.6.2 BARGAINING POWER OF BUYERS
5.6.3 THREAT OF NEW ENTRANTS
5.6.4 THREAT OF SUBSTITUTES
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
TABLE 3 IMPACT OF EACH FORCE ON MICRO BATTERY MARKET
5.7 CASE STUDIES
TABLE 4 BLUE SPARK TECHNOLOGIES DEVELOPED WIRELESS MEDICAL PATCH FOR WIRELESS TEMPERATURE MONITORING OF PATIENTS
TABLE 5 KULR TECHNOLOGY GROUP INC. DEVELOPED 3D-PRINTED BATTERY SYSTEMS FOR NASA
5.8 TECHNOLOGY ANALYSIS
5.8.1 VANADIUM FLOW BATTERIES
5.8.2 LITHIUMSULFUR BATTERIES
5.8.3 SOLID-STATE BATTERIES
5.8.4 ZINC MANGANESE BATTERIES
5.9 PRICING ANALYSIS
FIGURE 21 REDUCING GLOBAL COSTS OF LITHIUM-ION BATTERIES FROM 2013 TO 2020
TABLE 6 AVERAGE SELLING PRICE BASED ON TYPE
5.10 TRADE ANALYSIS
FIGURE 22 IMPORTS DATA, BY COUNTRY, 20162020 (USD MILLION)
FIGURE 23 EXPORTS DATA, BY COUNTRY, 20162020 (USD MILLION)
5.11 PATENTS ANALYSIS
FIGURE 24 TOP 10 HOLDERS OF PATENTS RELATED TO MICRO BATTERIES
TABLE 7 PATENTS RELATED TO MICRO BATTERY MARKET
5.12 TARIFF REGULATORY LANDSCAPE
6 COMPONENTS OF MICRO BATTERY (Page No. - 76)
6.1 INTRODUCTION
FIGURE 25 COMPONENTS OF MICRO BATTERY
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. - 79)
7.1 INTRODUCTION
FIGURE 26 SOLID-STATE CHIP BATTERY MARKET TO GROW AT HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 8 MICRO BATTERY SHIPMENTS, BY TYPE, 20172020 (MILLION UNITS)
TABLE 9 MICRO BATTERY SHIPMENTS, BY TYPE, 20212026 (MILLION UNITS)
TABLE 10 MARKET, BY TYPE, 20172020 (USD MILLION)
TABLE 11 MARKET, BY TYPE, 20212026 (USD MILLION)
7.2 THIN-FILM BATTERY
7.2.1 APPLICATIONS OF THIN-FILM BATTERIES IN MEDICAL DEVICES TO GROW AT SIGNIFICANT RATE
TABLE 12 THIN-FILM BATTERY MARKET, BY RECHARGEABILITY, 20172020 (USD MILLION)
TABLE 13 THIN-FILM BATTERY MARKET, BY RECHARGEABILITY, 20212026 (USD MILLION)
TABLE 14 THIN-FILM BATTERY MARKET, BY APPLICATION, 20172020 (USD MILLION)
TABLE 15 THIN-FILM BATTERY MARKET, BY APPLICATION, 20212026 (USD MILLION)
7.3 PRINTED BATTERY
7.3.1 PRINTED BATTERIES ARE MOSTLY PRIMARY BATTERIES COMPOSED OF NON-TOXIC COMPONENTS
TABLE 16 PRINTED BATTERY MARKET, BY RECHARGEABILITY, 20172020 (USD MILLION)
TABLE 17 PRINTED BATTERY MARKET, BY RECHARGEABILITY, 20212026 (USD MILLION)
TABLE 18 PRINTED BATTERY MARKET, BY APPLICATION, 20172020 (USD MILLION)
TABLE 19 PRINTED BATTERY MARKET, BY APPLICATION, 20212026 (USD MILLION)
7.4 SOLID-STATE CHIP BATTERY
7.4.1 SOLID-STATE CHIP BATTERY MARKET TO GROW AT HIGHEST RATE
TABLE 20 SOLID-STATE CHIP BATTERY MARKET, BY RECHARGEABILITY, 20172020 (USD MILLION)
TABLE 21 SOLID-STATE CHIP BATTERY MARKET, BY RECHARGEABILITY, 20212026 (USD MILLION)
TABLE 22 SOLID-STATE CHIP BATTERY MARKET, BY APPLICATION, 20172020 (USD MILLION)
TABLE 23 SOLID-STATE CHIP BATTERY MARKET, BY APPLICATION, 20212026 (USD MILLION)
7.5 BUTTON BATTERY
7.5.1 BUTTON BATTERIES ACCOUNTED FOR LARGEST SHARE OF OVERALL MICRO BATTERY MARKET IN 2020
TABLE 24 BUTTON BATTERY MARKET, BY RECHARGEABILITY, 20172020 (USD MILLION)
TABLE 25 BUTTON BATTERY MARKET, BY RECHARGEABILITY, 20212026 (USD MILLION)
TABLE 26 BUTTON BATTERY MARKET, BY APPLICATION, 20172020 (USD MILLION)
TABLE 27 BUTTON BATTERY MARKET, BY APPLICATION, 20212026 (USD MILLION)
8 MICRO BATTERY MARKET, BY RECHARGEABILITY (Page No. - 89)
8.1 INTRODUCTION
FIGURE 27 MARKET FOR SECONDARY MICRO BATTERY TO GROW AT HIGHER CAGR FROM 2021 TO 2026
TABLE 28 MARKET, BY RECHARGEABILITY, 20172020 (USD MILLION)
TABLE 29 MARKET, BY RECHARGEABILITY, 20212026 (USD MILLION)
8.2 PRIMARY BATTERY
8.2.1 PRIMARY BATTERIES ARE PROMINENTLY USED IN DEVICES WHEREIN CHARGING IS IMPRACTICAL
TABLE 30 PRIMARY MARKET, BY TYPE, 20172020 (USD MILLION)
TABLE 31 PRIMARY MARKET, BY TYPE, 20212026 (USD MILLION)
8.3 SECONDARY BATTERY
8.3.1 DEMAND FOR SECONDARY MICRO BATTERIES IS INCREASING OWING TO THEIR LONGER LIFESPAN, HIGH-ENERGY DENSITY, AND LOW ENVIRONMENTAL IMPACT
TABLE 32 SECONDARY MARKET , BY TYPE, 20172020 (USD MILLION)
TABLE 33 SECONDARY MARKET, BY TYPE, 20212026 (USD MILLION)
9 MICRO BATTERY MARKET, BY CAPACITY (Page No. - 95)
9.1 INTRODUCTION
FIGURE 28 BETWEEN 10 & 100 MAH CAPACITY SEGMENT TO WITNESS HIGHEST CAGR FROM 2021 TO 2026
TABLE 34 MARKET, BY CAPACITY, 20172020 (USD MILLION)
TABLE 35 MARKET, BY CAPACITY, 20212026 (USD MILLION)
9.2 BELOW 10 MAH
9.2.1 MICRO BATTERIES BELOW 10 MAH ARE LIKELY TO GAIN ADOPTION IN MEDICAL DEVICES, SMART CARDS, AND RFID TAGS
TABLE 36 MARKET WITH CAPACITY BELOW 10 MAH, BY APPLICATION, 20172020 (USD MILLION)
TABLE 37 MARKET WITH CAPACITY BELOW 10 MAH, BY APPLICATION, 20212026 (USD MILLION)
9.3 BETWEEN 10 MAH AND 100 MAH
9.3.1 MICRO BATTERIES WITH CAPACITY BETWEEN 10 MAH AND 100 MAH ARE EXPECTED TO GAIN DEMAND FOR CONSUMER ELECTRONICS AND ENERGY HARVESTING APPLICATIONS
TABLE 38 MARKET WITH CAPACITY BETWEEN 10 MAH & 100 MAH, BY APPLICATION, 20172020 (USD MILLION)
TABLE 39 MARKET WITH CAPACITY BETWEEN 10 MAH & 100 MAH, BY APPLICATION, 20212026 (USD MILLION)
9.4 ABOVE 100 MAH
9.4.1 MICRO BATTERIES WITH CAPACITY RANGE ABOVE 100 MAH ARE USED IN HIGH-POWER APPLICATIONS
TABLE 40 MARKET WITH CAPACITY ABOVE 100 MAH, BY APPLICATION, 20172020 (USD MILLION)
TABLE 41 MARKET WITH CAPACITY ABOVE 100 MAH, BY APPLICATION, 20212026 (USD MILLION)
10 MICRO BATTERY MARKET, BY APPLICATION (Page No. - 101)
10.1 INTRODUCTION
FIGURE 29 MARKET, BY APPLICATION
FIGURE 30 MARKET FOR CONSUMER ELECTRONICS IS EXPECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
TABLE 42 MARKET, BY APPLICATION, 20172020 (USD MILLION)
TABLE 43 MARKET, BY APPLICATION, 20212026 (USD MILLION)
10.2 CONSUMER ELECTRONICS
10.2.1 MICRO BATTERIES FOR CONSUMER ELECTRONICS APPLICATIONS ARE IN INITIAL STAGE OF COMMERCIALIZATION
TABLE 44 MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY TYPE, 20172020 (USD MILLION)
TABLE 45 MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY TYPE, 20212026 (USD MILLION)
TABLE 46 MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY CAPACITY, 20172020 (USD MILLION)
TABLE 47 MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY CAPACITY, 20212026 (USD MILLION)
TABLE 48 MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 49 MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 20212026 (USD MILLION)
10.3 MEDICAL DEVICES
10.3.1 MEDICAL DEVICES ARE AMONG MOST POPULAR APPLICATIONS OF FLEXIBLE BATTERIES
TABLE 50 MARKET FOR MEDICAL DEVICES APPLICATION, BY TYPE, 20172020 (USD MILLION)
TABLE 51 MARKET FOR MEDICAL DEVICES APPLICATION, BY TYPE, 20212026 (USD MILLION)
TABLE 52 MARKET FOR MEDICAL DEVICES APPLICATION, BY CAPACITY, 20172020 (USD MILLION)
TABLE 53 MARKET FOR MEDICAL DEVICES APPLICATION, BY CAPACITY, 20212026 (USD MILLION)
TABLE 54 MARKET FOR MEDICAL DEVICES APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 55 MARKET FOR MEDICAL DEVICES APPLICATION, BY REGION, 20212026 (USD MILLION)
10.4 SMART PACKAGING
10.4.1 SMART PACKAGING APPLICATION HOLDS SIGNIFICANT SHARE IN OVERALL MICRO BATTERY MARKET
FIGURE 31 THIN-FILM BATTERY MARKET FOR SMART PACKAGING APPLICATION TO HOLD LARGEST SHARE BY 2026
TABLE 56 MARKET FOR SMART PACKAGING APPLICATION, BY TYPE, 20172020 (USD MILLION)
TABLE 57 MARKET FOR SMART PACKAGING APPLICATION, BY TYPE, 20212026 (USD MILLION)
TABLE 58 MARKET FOR SMART PACKAGING APPLICATION, BY CAPACITY, 20172020 (USD MILLION)
TABLE 59 MARKET FOR SMART PACKAGING APPLICATION, BY CAPACITY, 20212026 (USD MILLION)
TABLE 60 MARKET FOR SMART PACKAGING APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 61 MARKET FOR SMART PACKAGING APPLICATION, BY REGION, 20212026 (USD MILLION)
10.5 SMART CARDS
10.5.1 SMART CARDS ARE AMONG MAJOR APPLICATION AREAS OF MICRO BATTERIES
FIGURE 32 NORTH AMERICA IS EXPECTED TO HOLD LARGEST SHARE OF MICRO BATTERY MARKET FOR SMART CARD APPLICATIONS BY 2026
TABLE 62 MARKET FOR SMART CARD APPLICATION, BY TYPE, 20172020 (USD MILLION)
TABLE 63 MARKET FOR SMART CARD APPLICATION, BY TYPE, 20212026 (USD MILLION)
TABLE 64 MARKET FOR SMART CARD APPLICATION, BY CAPACITY, 20172020 (USD MILLION)
TABLE 65 MARKET FOR SMART CARD APPLICATION, BY CAPACITY, 20212026 (USD MILLION)
TABLE 66 MARKET FOR SMART CARD APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 67 MARKET FOR SMART CARD APPLICATION, BY REGION, 20212026 (USD MILLION)
10.6 WIRELESS SENSOR NODES
10.6.1 WIRELESS SENSOR NODES HAVE LIMITED INTERNAL SPACE, THUS MICRO BATTERY IS A PREFERRED POWER SOURCE
TABLE 68 MARKET FOR WIRELESS SENSOR NODE APPLICATION, BY TYPE, 20172020 (USD MILLION)
TABLE 69 MARKET FOR WIRELESS SENSOR NODE APPLICATION, BY TYPE, 20212026 (USD MILLION)
TABLE 70 MARKET FOR WIRELESS SENSOR NODE APPLICATION, BY CAPACITY, 20172020 (USD MILLION)
TABLE 71 MARKET FOR WIRELESS SENSOR NODE APPLICATION, BY CAPACITY, 20212026 (USD MILLION)
TABLE 72 MARKET FOR WIRELESS SENSOR NODE APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 73 MARKET FOR WIRELESS SENSOR NODE APPLICATION, BY REGION, 20212026 (USD MILLION)
10.7 OTHERS
TABLE 74 MARKET FOR OTHER APPLICATIONS, BY TYPE, 20172020 (USD MILLION)
TABLE 75 MARKET FOR OTHER APPLICATIONS, BY TYPE, 20212026 (USD MILLION)
TABLE 76 MARKET FOR OTHER APPLICATIONS, BY CAPACITY, 20172020 (USD MILLION)
TABLE 77 MARKET FOR OTHER APPLICATIONS, BY CAPACITY, 20212026 (USD MILLION)
TABLE 78 MARKET FOR OTHER APPLICATIONS, BY REGION, 20172020 (USD MILLION)
TABLE 79 MARKET FOR OTHER APPLICATIONS, BY REGION, 20212026 (USD MILLION)
11 GEOGRAPHIC ANALYSIS (Page No. - 120)
11.1 INTRODUCTION
FIGURE 33 GEOGRAPHIC SNAPSHOT: MICRO BATTERY MARKET IN INDIA TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD
TABLE 80 MARKET, BY REGION, 20172020 (USD MILLION)
TABLE 81 MARKET, BY REGION, 20212026 (USD MILLION)
FIGURE 34 APAC HELD LARGEST SHARE OF MARKET IN 2021
11.2 NORTH AMERICA
FIGURE 35 NORTH AMERICA: SNAPSHOT OF MICRO BATTERY MARKET
TABLE 82 MARKET IN NORTH AMERICA, BY COUNTRY, 20172020 (USD MILLION)
TABLE 83 MARKET IN NORTH AMERICA, BY COUNTRY, 20212026 (USD MILLION)
TABLE 84 MARKET IN NORTH AMERICA, BY APPLICATION, 20172020 (USD MILLION)
TABLE 85 MARKET IN NORTH AMERICA, BY APPLICATION, 20212026 (USD MILLION)
11.2.1 US
11.2.1.1 US accounted for largest share of micro battery market in North America in 2020
11.2.2 CANADA
11.2.2.1 Adoption of IoT in medical devices has created significant opportunities for growth of micro battery market in Canada
11.2.3 MEXICO
11.2.3.1 Mexico is expected to be lucrative market for micro batteries in coming years
11.3 EUROPE
FIGURE 36 EUROPE: SNAPSHOT OF MICRO BATTERY MARKET
TABLE 86 MARKET IN EUROPE, BY COUNTRY, 20172020 (USD MILLION)
TABLE 87 MARKET IN EUROPE, BY COUNTRY, 20212026 (USD MILLION)
TABLE 88 MARKET IN EUROPE, BY APPLICATION, 20172020 (USD MILLION)
TABLE 89 MARKET IN EUROPE, BY APPLICATION, 20212026 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Strong government support for development of micro batteries to drive German market
11.3.2 UK
11.3.2.1 Growing demand for smart wearable devices and IoT-based medical devices are expected to drive market growth
11.3.3 FRANCE
11.3.3.1 France is important destination in terms of technologies and industrialization
11.3.4 REST OF EUROPE
11.4 APAC
FIGURE 37 APAC: SNAPSHOT OF MICRO BATTERY MARKET
TABLE 90 MARKET IN APAC, BY COUNTRY, 20172020 (USD MILLION)
TABLE 91 MARKET IN APAC, BY COUNTRY, 20212026 (USD MILLION)
TABLE 92 MARKET IN APAC, BY APPLICATION, 20172020 (USD MILLION)
TABLE 93 MARKET IN APAC, BY APPLICATION, 20212026 (USD MILLION)
11.4.1 CHINA
11.4.1.1 China accounted for largest share of micro battery market in APAC in 2020
11.4.2 JAPAN
&nbnbsp; 11.4.2.1 Presence of major consumer electronics manufacturers is likely to contribute to high growth of countrys micro battery market
11.4.3 INDIA
11.4.3.1 India presents huge growth opportunities for IoT market
11.4.4 REST OF APAC
11.5 ROW
TABLE 94 MARKET IN ROW, BY REGION, 20172020 (USD MILLION)
TABLE 95 MARKET IN ROW, BY REGION, 20212026 (USD MILLION)
TABLE 96 MARKET IN ROW, BY APPLICATION, 20172020 (USD MILLION)
TABLE 97 MARKET IN ROW, BY APPLICATION, 20212026 (USD MILLION)
11.5.1 MIDDLE EAST & AFRICA
11.5.1.1 Adoption of smart card technology in banks for secure transactions to drive demand for micro batteries
11.5.2 SOUTH AMERICA
11.5.2.1 Technological advancements drive growth of micro battery market in this region
12 COMPETITIVE LANDSCAPE (Page No. - 139)
12.1 INTRODUCTION
12.1.1 REVENUE ANALYSIS OF TOP 3 COMPANIES
FIGURE 38 MICRO BATTERY MARKET: FIVE-YEAR REVENUE ANALYSIS OF TOP 3 PLAYERS
12.2 MARKET SHARE ANALYSIS, 2020
FIGURE 39 MARKET SHARE: MICRO BATTERY MARKET, 2020
12.3 COMPANY EVALUATION MATRIX
12.3.1 STAR
12.3.2 PERVASIVE
12.3.3 EMERGING LEADER
12.3.4 PARTICIPANT
FIGURE 40 MICRO BATTERY MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2020
12.4 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2020
12.4.1 PROGRESSIVE COMPANY
12.4.2 RESPONSIVE COMPANY
12.4.3 DYNAMIC COMPANY
12.4.4 STARTING BLOCK
FIGURE 41 MARKET: SME EVALUATION QUADRANT, 2020
12.5 MICRO BATTERY MARKET: COMPANY FOOTPRINT
TABLE 98 FOOTPRINT OF COMPANIES
TABLE 99 APPLICATION FOOTPRINT OF COMPANIES
TABLE 100 REGIONAL FOOTPRINT OF COMPANIES
12.6 COMPETITIVE SITUATIONS AND TRENDS
TABLE 101 MARKET: PRODUCT LAUNCHES
TABLE 102 MARKET: DEALS
TABLE 103 MARKET: OTHERS
13 COMPANY PROFILES (Page No. - 152)
Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS
13.1.1 CYMBET
TABLE 104 CYMBET: BUSINESS OVERVIEW
13.1.2 ENFUCELL OY
TABLE 105 ENFUCELL OY: BUSINESS OVERVIEW
13.1.3 ULTRALIFE CORPORATION
TABLE 106 ULTRALIFE CORPORATION: BUSINESS OVERVIEW
FIGURE 42 ULTRALIFE CORPORATION: COMPANY SNAPSHOT
13.1.4 BLUE SPARK TECHNOLOGIES
TABLE 107 BLUE SPARK TECHNOLOGIES INC.: BUSINESS OVERVIEW
13.1.5 TDK CORPORATION
TABLE 108 TDK CORPORATION: BUSINESS OVERVIEW
FIGURE 43 TDK CORPORATION: COMPANY SNAPSHOT
13.1.6 PANASONIC CORPORATION
TABLE 109 PANASONIC CORPORATION: BUSINESS OVERVIEW
FIGURE 44 PANASONIC CORPORATION: COMPANY SNAPSHOT
13.1.7 MURATA MANUFACTURING CO., LTD.
TABLE 110 MURATA MANUFACTURING CO., LTD.: BUSINESS OVERVIEW
FIGURE 45 MURATA MANUFACTURING CO., LTD.: COMPANY SNAPSHOT
13.1.8 VARTA AG
TABLE 111 VARTA AG: BUSINESS OVERVIEW
FIGURE 46 VARTA AG: COMPANY SNAPSHOT
13.1.9 MOLEX LLC
TABLE 112 MOLEX LLC: BUSINESS OVERVIEW
13.1.10 FRONT EDGE TECHNOLOGY
TABLE 113 FRONT EDGE TECHNOLOGY: BUSINESS OVERVIEW
13.1.11 SHENZHEN GREPOW BATTERY CO., LTD.
TABLE 114 SHENZHEN GREPOW BATTERY CO., LTD.: BUSINESS OVERVIEW
13.1.12 RENATA SA
TABLE 115 RENATA SA: BUSINESS OVERVIEW
13.1.13 MAXELL HOLDINGS, LTD.
TABLE 116 MAXELL HOLDINGS, LTD.: BUSINESS OVERVIEW
13.1.14 DURACELL INC.
TABLE 117 DURACELL INC.: BUSINESS OVERVIEW
13.1.15 SEIKO INSTRUMENTS INC.
TABLE 118 SEIKO INSTRUMENTS INC.: BUSINESS OVERVIEW
13.2 OTHER COMPANIES
13.2.1 BRIGHTVOLT INC.
13.2.2 POWER PAPER LTD.
13.2.3 IMPRINT ENERGY INC.
13.2.4 ENERGY DIAGNOSTICS LIMITED
13.2.5 JENAX INC.
13.2.6 ITEN SA
13.2.7 GUANGZHOU FULLRIVER BATTERY NEW TECHNOLOGY CO., LTD.
13.2.8 PROLOGIUM TECHNOLOGY CO., LTD.
13.2.9 EXCELLATRON SOLID STATE, LLC
13.2.10 GMB CO., LTD.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 ADJACENT & RELATED REPORTS (Page No. - 191)
14.1 INTRODUCTION
14.2 LITHIUM-ION BATTERY MARKET, BY INDUSTRY
TABLE 119 LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 20172020 (USD MILLION)
TABLE 120 LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 20212030 (USD MILLION)
14.3 CONSUMER ELECTRONICS
TABLE 121 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 20172020 (USD MILLION)
TABLE 122 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 20212030 (USD MILLION)
TABLE 123 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY REGION, 20172020 (USD MILLION)
TABLE 124 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY REGION, 20212030 (USD MILLION)
14.4 AUTOMOTIVE
TABLE 125 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY TYPE, 20172020 (USD MILLION)
TABLE 126 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY TYPE, 20212030 (USD MILLION)
TABLE 127 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY REGION, 20172020 (USD MILLION)
TABLE 128 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY REGION, 20212030 (USD MILLION)
14.5 AEROSPACE
TABLE 129 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY TYPE, 20172020 (USD MILLION)
TABLE 130 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY TYPE, 20212030 (USD MILLION)
TABLE 131 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY REGION, 20172020 (USD MILLION)
TABLE 132 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY REGION, 20212030 (USD MILLION)
14.6 MARINE
TABLE 133 LITHIUM-ION BATTERY MARKET FOR MARINE, BY TYPE, 20172020 (USD MILLION)
TABLE 134 LITHIUM-ION BATTERY MARKET FOR MARINE, BY TYPE, 20212030 (USD MILLION)
TABLE 135 LITHIUM-ION BATTERY MARKET FOR MARINE, BY REGION, 20172020 (USD MILLION)
TABLE 136 LITHIUM-ION BATTERY MARKET FOR MARINE, BY REGION, 20212030 (USD MILLION)
14.7 MEDICAL
TABLE 137 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY TYPE, 20172020 (USD MILLION)
TABLE 138 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY TYPE, 20212030 (USD MILLION)
TABLE 139 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY REGION, 20172020 (USD MILLION)
TABLE 140 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY REGION, 20212030 (USD MILLION)
14.8 INDUSTRIAL
TABLE 141 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY TYPE, 20172020 (USD MILLION)
TABLE 142 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY TYPE, 20212030 (USD MILLION)
TABLE 143 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY REGION, 20172020 (USD MILLION)
TABLE 144 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY REGION, 20212030 (USD MILLION)
14.9 POWER
TABLE 145 LITHIUM-ION BATTERY MARKET FOR POWER, BY TYPE, 20172020 (USD MILLION)
TABLE 146 LITHIUM-ION BATTERY MARKET FOR POWER, BY TYPE, 20212030 (USD MILLION)
TABLE 147 LITHIUM-ION BATTERY MARKET FOR POWER, BY REGION, 20172020 (USD MILLION)
TABLE 148 LITHIUM-ION BATTERY MARKET FOR POWER, BY REGION, 20212030 (USD MILLION)
14.10 TELECOMMUNICATIONS
TABLE 149 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY TYPE, 20172020 (USD MILLION)
TABLE 150 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY TYPE, 20212030 (USD MILLION)
TABLE 151 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY REGION, 20172020 (USD MILLION)
TABLE 152 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY REGION, 20212030 (USD MILLION)
15 APPENDIX (Page No. - 207)
15.1 INSIGHTS OF INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
15.4 AVAILABLE CUSTOMIZATIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
The study involves four major activities for estimating the size of the micro battery market. Exhaustive secondary research has been conducted to collect information related to the market. The next step has been to validate these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall size of the micro battery market. After that, market breakdown and data triangulation procedures have been used to determine the extent of different segments and subsegments of the market.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources such as encyclopedias, directories, databases, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, & professional associations have been used to identify and collect information for an extensive technical and commercial study of the micro battery market.
Primary Research
In the primary research process, primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for this report. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information, as well as assess prospects. Key players in the micro battery market have been identified through secondary research, and their respective market rankings have been determined through primary and secondary research. This research includes the study of annual reports of the top market players and interviews with key opinion leaders, such as chief executive officers (CEOs), directors, and marketing personnel.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the micro battery market and other dependent submarkets listed in this report.
- The key players in the industry and markets have been identified through extensive secondary research.
- Both the supply chain of the industry and the market size, in terms of value, have been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at exact statistics for all segments, the market breakdown and data triangulation procedures have been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives:
- To define, describe, segment, and forecast the micro battery market size, by type, rechargeability, capacity, and application, in terms of value
- To describe and forecast the market size, in terms of value, for four key regionsNorth America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the COVID-19 impact on the micro battery market
- To provide detailed information regarding major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
- To provide details about the micro battery market value chain
- To strategically analyze micro markets concerning individual market trends, growth prospects, and contributions to the total market
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze major growth strategies implemented by key market players, such as contracts, agreements, acquisitions, product launches, expansions, and partnerships
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report.
Company information:
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Micro Battery Market