The global micro battery market size is expected to grow from USD 0.5 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 22.4% from 2023 to 2028. Medical such as flexible implants and foldable or rollable consumer electronics and wearables are becoming increasingly popular. These devices require printed flexible batteries to ensure a safe and uninterrupted power supply.
As of 2022, Cymbet Corporation (US), Enfucell (Finland), Ultralife Corporation (US), Molex, LLC (US), Panasonic Holdings Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), TDK Corporation (Japan), Maxell, Ltd. (Japan), VARTA AG (Germany), Renata SA (Switzerland), Duracell Inc. (US), and Seiko Instruments Inc. (Japan) are some of the key players in this market.
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Cymbet Corporation operates as a clean technology company that designs and manufactures advanced energy storage technologies. The company offers rechargeable solid-state micro-batteries for sensors and medical, RFID, industrial control, communications, and portable electronic devices. Cymbet Corporation offers products under its EnerChip brand. The company’s main product is a solid-state thin-film rechargeable battery with power management integrated circuits. Cymbet Corporation was among the first companies to provide a surface-mount packaged energy storage solution that can be used to harness the capabilities of the embedded system.
Enfucell was formed as a spin-off from the Helsinki University of Technology (HUT), and its active operations commenced in 2005. The company manufactures and supplies printed electronic products. It offers SoftBattery printed batteries based on zinc and manganese dioxide, with zinc chloride as an electrolyte. These printed batteries can be used as a power source for semi-passive radio identification tags and microsensor patches. SoftBattery can also be used in greeting and powered cards and authenticate packages, and cosmetic and pharmaceutical disposable devices. Enfucell also offers components used in RFID products and microsensors, pharmaceuticals, and cosmetics.
Ultralife Corporation manufactures, designs, installs, and maintains portable power solutions and communications systems. It operates in two segments: Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes lithium 9-volt, cylindrical, thin cell, and other non-rechargeable, rechargeable, uninterruptable power supplies, charging systems, and accessories. The company manufactures a family of lithium manganese dioxide and lithium thionyl chloride non-rechargeable batteries, including 9-volt, ThinCell, HiRate cylindrical batteries and other form factors. ThinCell and HiRate lithium non-rechargeable batteries are sold primarily to the military and OEMs in industrial markets for use in a wide range of applications, including emergency radio beacons, radios, search and rescue transponders, portable medical devices, pipeline inspection gauges, and others.
Micro Battery Market by Type (Thin Film, Printed, Solid-state Chip, Button), Capacity (Below 10 mAh, 10 to 100 mAh, Above 100 mAh), Battery Type (Primary, Secondary), Application (Smart cards, Wireless Sensors) and Region - Global Forecast to 2028
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