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
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. Thin-film batteries enable devices to be lightweight and store energy in small packages. Printed batteries are an excellent power source for transdermal medical patches that are applied directly to a patient’s skin to monitor body temperature. The demand for these medical patches is growing, increasing the demand for thin-film, printed, and flexible batteries to power such patches.
'Button battery segment is projected to hold a substantial share during the forecast period”
Button batteries are tiny discs -shaped, lightweight, low-power devices. These batteries are inexpensive, reasonably safe, and have a long shelf life. They have high leak protection and a high weight-to-power ratio. These batteries are easy to stack for higher voltages. Lithium coin cells are available in a wide range of sizes and capacities. Some of the companies which are offering button batteries/cells include TDK Corporation (Japan), Panasonic Holdings Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), VARTA AG (Germany), Renata SA (Switzerland), Duracell Inc. (US), Maxell, Ltd. (Japan), and STMicroelectronics International N.V. (Switzerland).
“Medical devices application is expected to grow at a significant CAGR during the forecast period”
Technological advancements and the penetration of IoT in the medical field have generated opportunities for new battery technologies. Implantable medical devices require batteries that can deliver a steady, reliable power source for a long. The reliability and performance of micro batteries make them attractive for applications in implantable devices such as neural stimulators, pacemakers, and defibrillators. Other devices such as pacemakers, drug delivery systems, medical patches, medical diagnosis sensors, and disposable medical devices can also use advanced batteries such as flexible and thin batteries. The micro battery's size and flexibility perfectly comply with these medical devices' requirements. For instance, button batteries are being used widely in several medical applications, including various medical devices such as hearing aids, insulin pumps, nebulizers, blood glucose meters, and more.
“The market in North America is expected to grow at a significant CAGR during the forecast period”
The advancements in the packaging industry of North America are leading to the integration of interactive displays, RFID tags, and smart labels in packages. Such smart packages require thin-film batteries, increasing demand in the region. Thus, the growth of the smart packaging market in North America is expected to drive the micro battery market during the forecast period. The micro battery is an efficient power storage technology that reduces the form factor and offers a flexible design for consumer electronics. Smart card technology is widely used to avoid fraudulent transactions. Banks, telecom industries, and high-security government departments are implementing smart card technology for personnel identification and resource tracking. As a result, the demand for thin-film and printed batteries is expected to increase significantly during the forecast period.
Breakdown of the profiles of primary participants:
Research Coverage
In this report, the micro battery market has been segmented based on type, material, capacity, battery type, application, and region. The micro battery market based on type has been segmented into thin film, printed, solid-state chip, and button batteries. Based on capacity, the market has been segmented into below 10 mAh, 10 to 100 mAh, and above 100 mAh. The market has been segmented into primary and secondary based on battery type. Based on application, the market has been segmented into consumer electronics, medical devices, wireless sensors, smart packaging, smart cards, and others. The study also forecasts the market size in four main regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
'Button battery segment is projected to hold a substantial share during the forecast period”
Button batteries are tiny discs -shaped, lightweight, low-power devices. These batteries are inexpensive, reasonably safe, and have a long shelf life. They have high leak protection and a high weight-to-power ratio. These batteries are easy to stack for higher voltages. Lithium coin cells are available in a wide range of sizes and capacities. Some of the companies which are offering button batteries/cells include TDK Corporation (Japan), Panasonic Holdings Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), VARTA AG (Germany), Renata SA (Switzerland), Duracell Inc. (US), Maxell, Ltd. (Japan), and STMicroelectronics International N.V. (Switzerland).
“Medical devices application is expected to grow at a significant CAGR during the forecast period”
Technological advancements and the penetration of IoT in the medical field have generated opportunities for new battery technologies. Implantable medical devices require batteries that can deliver a steady, reliable power source for a long. The reliability and performance of micro batteries make them attractive for applications in implantable devices such as neural stimulators, pacemakers, and defibrillators. Other devices such as pacemakers, drug delivery systems, medical patches, medical diagnosis sensors, and disposable medical devices can also use advanced batteries such as flexible and thin batteries. The micro battery's size and flexibility perfectly comply with these medical devices' requirements. For instance, button batteries are being used widely in several medical applications, including various medical devices such as hearing aids, insulin pumps, nebulizers, blood glucose meters, and more.
“The market in North America is expected to grow at a significant CAGR during the forecast period”
The advancements in the packaging industry of North America are leading to the integration of interactive displays, RFID tags, and smart labels in packages. Such smart packages require thin-film batteries, increasing demand in the region. Thus, the growth of the smart packaging market in North America is expected to drive the micro battery market during the forecast period. The micro battery is an efficient power storage technology that reduces the form factor and offers a flexible design for consumer electronics. Smart card technology is widely used to avoid fraudulent transactions. Banks, telecom industries, and high-security government departments are implementing smart card technology for personnel identification and resource tracking. As a result, the demand for thin-film and printed batteries is expected to increase significantly during the forecast period.
Breakdown 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 Others - 40%
- By Region: North America - 45%, Europe - 20%, Asia Pacific - 30%, and RoW – 5%
Research Coverage
In this report, the micro battery market has been segmented based on type, material, capacity, battery type, application, and region. The micro battery market based on type has been segmented into thin film, printed, solid-state chip, and button batteries. Based on capacity, the market has been segmented into below 10 mAh, 10 to 100 mAh, and above 100 mAh. The market has been segmented into primary and secondary based on battery type. Based on application, the market has been segmented into consumer electronics, medical devices, wireless sensors, smart packaging, smart cards, and others. The study also forecasts the market size in four main regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
- Analysis of key drivers ( Benefits of micro batteries over traditional batteries, Rising adoption of micro batteries in electronic and medical devices, Rising use of wearable devices, Miniaturization of electronic devices), restraints (High investment costs, Lack of standards), opportunities ( Rising micro battery’s integration in smart textiles, Growing use of wireless sensors equipped with micro batteries), and challenges (Complexities in battery fabrication) influencing the growth of the micro battery market
- Product Development/Innovation: Detailed insights on upcoming products, technologies, research & development activities, funding activities, industry partnerships, and new product launches in the micro battery market
- Market Development: Comprehensive information about lucrative markets – the report analyses the micro battery market across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the micro battery market
- Competitive Assessment: In-depth assessment of market ranks, growth strategies, and product offerings of leading players like Cymbet Corporation (US), Enfucell (Finland), Ultralife Corporation (US), Molex, LLC (US), Panasonic Holdings Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), and TDK Corporation (Japan), among others in the micro battery market
- Strategies: The report also helps stakeholders understand the pulse of the micro battery market and provides them with information on key market drivers, restraints, challenges, and opportunities
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MICRO BATTERY MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
FIGURE 2 MICRO BATTERY MARKET: REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 3 MICRO BATTERY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 4 MICRO BATTERY MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from 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 to derive market size using bottom-up analysis
FIGURE 5 MICRO BATTERY MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis
FIGURE 6 MICRO BATTERY MARKET: TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR MICRO BATTERY MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 9 ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO UNDERSTAND RECESSION IMPACT ON MICRO BATTERY MARKET
2.6 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 10 MICRO BATTERY MARKET, 2019–2028 (USD MILLION)
FIGURE 11 THIN FILM BATTERIES TO WITNESS HIGHEST CAGR FROM 2023 TO 2028
FIGURE 12 PRIMARY BATTERIES TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
FIGURE 13 10 TO 100 MAH SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
FIGURE 14 CONSUMER ELECTRONICS APPLICATION TO CAPTURE LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
FIGURE 15 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MICRO BATTERY MARKET
FIGURE 16 INTEGRATION OF THIN FILM AND FLEXIBLE BATTERIES INTO CONSUMER ELECTRONICS TO DRIVE MARKET
4.2 MICRO BATTERY MARKET, BY TYPE
FIGURE 17 THIN FILM BATTERIES TO CAPTURE LARGEST MARKET SHARE IN 2028
4.3 MICRO BATTERY MARKET, BY APPLICATION
FIGURE 18 CONSUMER ELECTRONICS APPLICATION TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
4.4 NORTH AMERICA MICRO BATTERY MARKET, BY APPLICATION AND COUNTRY
FIGURE 19 MEDICAL DEVICES AND US TO BE LARGEST SHAREHOLDERS OF NORTH AMERICAN MARKET IN 2028
4.5 MICRO BATTERY MARKET, BY COUNTRY
FIGURE 20 GERMANY TO BE FASTEST-GROWING MARKET FROM 2023 TO 2028
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 MICRO BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Advantages of micro batteries over traditional batteries
5.2.1.2 Growing adoption of micro batteries in medical devices
5.2.1.3 Increasing demand for wearables using thin and printed batteries
5.2.1.4 Growing adoption of specialized batteries in IoT applications
5.2.1.5 Rising focus on miniaturization of electronic devices
FIGURE 22 MICRO BATTERY MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Requirement for high initial investment in creating manufacturing setup for advanced batteries
5.2.2.2 Lack of designing and manufacturing standards for micro batteries
FIGURE 23 MICRO BATTERY MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for flexible batteries in smart textiles
5.2.3.2 Increasing adoption of wireless sensors
FIGURE 24 MICRO BATTERY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Complex battery fabrication process
FIGURE 25 MICRO BATTERY MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 26 MICRO BATTERY MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM MAPPING
FIGURE 27 MICRO BATTERY MARKET: ECOSYSTEM ANALYSIS
TABLE 2 ROLE OF PLAYERS IN MICRO BATTERY ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND
FIGURE 28 AVERAGE SELLING PRICE TREND FOR MICRO BATTERIES, 2022–2028
5.5.2 AVERAGE SELLING PRICE TREND, BY TYPE
TABLE 3 MICRO BATTERY MARKET: AVERAGE SELLING PRICE AND VOLUME
5.5.3 AVERAGE SELLING PRICE TREND, BY KEY PLAYER
FIGURE 29 AVERAGE SELLING PRICE OF MICRO BATTERIES OFFERED BY KEY PLAYERS
TABLE 4 AVERAGE SELLING PRICE OF MICRO BATTERIES OFFERED BY MAJOR PLAYERS (USD)
5.5.4 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 5 AVERAGE SELLING PRICE FOR MICRO BATTERIES, BY REGION (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 30 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN MICRO BATTERY MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 SOLID-STATE BATTERIES
5.7.2 METAL-AIR BATTERIES
5.7.3 LIQUID-METAL BATTERIES
5.7.4 ZINC-MANGANESE BATTERIES
5.7.5 VANADIUM FLOW BATTERIES
5.7.6 LITHIUM-SILICON BATTERIES
5.7.7 LITHIUM-COBALT OXIDE BATTERIES
5.7.8 NICKEL-MANGANESE-COBALT BATTERIES
5.7.9 LITHIUM-NICKEL-COBALT-ALUMINUM OXIDE BATTERIES
5.7.10 LITHIUM-SULFUR BATTERIES
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 6 IMPACT OF PORTER’S FIVE FORCES ON MICRO BATTERY MARKET
FIGURE 31 MICRO BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 BARGAINING POWER OF SUPPLIERS
5.8.2 BARGAINING POWER OF BUYERS
5.8.3 THREAT OF NEW ENTRANTS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 INTENSITY OF COMPETITIVE RIVALRIES
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
5.9.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 8 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.10 CASE STUDY ANALYSIS
TABLE 9 USE OF THIN FILM BATTERIES IN SPORTS APPLICATIONS
TABLE 10 UTILIZATION OF THIN FILM BATTERIES TO POWER SKIN PATCHES
TABLE 11 DEVELOPMENT OF SAFE BED-EXIT SENSORS USING THIN FILM BATTERIES
TABLE 12 INTEGRATION OF THIN FILM BATTERIES IN FLEXIBLE SENSOR TAGS TO TRACK SHIPMENTS
TABLE 13 ADOPTION OF SMALL RECHARGEABLE BATTERIES BY BITKEY TO BUILD THIN SMART LOCK KEY
5.11 TRADE ANALYSIS
FIGURE 34 IMPORT VALUE OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 35 EXPORT VALUE OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2018–2022 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 36 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 14 US: TOP 20 PATENT OWNERS IN LAST 10 YEARS
FIGURE 37 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2022
TABLE 15 MICRO BATTERY MARKET: LIST OF PATENTS, 2019–2022
5.13 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 16 MICRO BATTERY MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.14 TARIFF AND REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 REGULATORY STANDARDS
TABLE 21 STANDARDS FOR MICRO BATTERY MARKET
6 MICRO BATTERY MARKET, BY COMPONENT
6.1 INTRODUCTION
FIGURE 38 MICRO BATTERY MARKET, BY COMPONENT
6.2 ELECTRODES
6.2.1 CATHODE
6.2.1.1 Cathode material helps determine key battery characteristics
6.2.2 ANODE
6.2.2.1 Wide use of carbon-based materials in micro batteries
6.3 SUBSTRATES
6.3.1 IMPLEMENTATION OF POLYMER SUBSTRATES IN MICRO BATTERIES FOR COST EFFICIENCY
6.4 ELECTROLYTES
6.4.1 DEPLOYMENT OF SOLID ELECTROLYTES IN MICRO BATTERIES TO INCREASE BATTERY OUTPUT
6.5 OTHER COMPONENTS
7 MICRO BATTERY MARKET, BY MATERIAL
7.1 INTRODUCTION
FIGURE 39 MICRO BATTERY MARKET: BY MATERIAL
7.2 ALKALINE
7.2.1 DURABILITY AND AFFORDABILITY OF ALKALINE BATTERY TO DRIVE MARKET
7.3 SILVER OXIDE
7.3.1 HIGH ENERGY DENSITY AND STABILITY OF SILVER OXIDE BATTERIES TO BOOST DEMAND
7.4 LITHIUM-ION
7.4.1 RISING DEMAND FOR MINIATURIZED CONSUMER ELECTRONICS AND MEDICAL DEVICES TO BOOST ADOPTION OF LITHIUM-ION BATTERIES
7.5 LITHIUM POLYMER
7.5.1 HIGH DURABILITY OF LITHIUM POLYMER BATTERIES TO INCREASE ADOPTION IN CONSUMER DEVICES
7.6 ZINC
7.6.1 NEXT-GENERATION WEARABLE ELECTRONICS TO ADOPT ZINC-BASED FLEXIBLE PRINTED BATTERIES
8 MICRO BATTERY MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 40 MICRO BATTERY MARKET, BY TYPE
FIGURE 41 THIN FILM BATTERIES TO EXHIBIT HIGHEST CAGR IN MICRO BATTERY MARKET DURING FORECAST PERIOD
TABLE 22 MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 23 MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.2 THIN FILM BATTERIES
8.2.1 INCREASED DEMAND FOR MINIATURE PRODUCTS TO BOOST ADOPTION OF THIN FILM BATTERIES
TABLE 24 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 25 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 26 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 27 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 28 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 29 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 PRINTED BATTERIES
8.3.1 FLEXIBLE AND ECO-FRIENDLY FEATURES TO DRIVE DEMAND FOR PRINTED BATTERIES
TABLE 30 PRINTED BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 31 PRINTED BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 32 PRINTED BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 33 PRINTED BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 34 PRINTED BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 35 PRINTED BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 SOLID-STATE CHIP BATTERIES
8.4.1 SAFETY CONCERNS IN DEVICES TO BOOST ADOPTION OF SOLID-STATE CHIP BATTERIES
TABLE 36 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 37 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 38 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 39 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 40 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 41 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 BUTTON BATTERIES
8.5.1 INEXPENSIVE AND SAFE NATURE OF BUTTON BATTERIES TO DRIVE DEMAND IN NUMEROUS APPLICATIONS
TABLE 42 BUTTON BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 43 BUTTON BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 44 BUTTON BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 BUTTON BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 46 BUTTON BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 47 BUTTON BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
9 MICRO BATTERY MARKET, BY BATTERY TYPE
9.1 INTRODUCTION
FIGURE 42 MICRO BATTERY MARKET, BY BATTERY TYPE
FIGURE 43 SECONDARY BATTERY TO RECORD HIGHER CAGR DURING FORECAST PERIOD
TABLE 48 MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 49 MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
9.2 PRIMARY
9.2.1 USE OF DISPOSABLE BATTERIES IN MEDICAL DEVICES TO DRIVE DEMAND FOR PRIMARY BATTERIES
TABLE 50 PRIMARY: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 51 PRIMARY: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
9.3 SECONDARY
9.3.1 USE OF COMPACT AND FLEXIBLE RECHARGEABLE BATTERIES TO DRIVE SEGMENTAL GROWTH
TABLE 52 SECONDARY: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 53 SECONDARY: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
10 MICRO BATTERY MARKET, BY CAPACITY
10.1 INTRODUCTION
FIGURE 44 MICRO BATTERY MARKET: BY CAPACITY
FIGURE 45 10 TO 100 MAH SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 54 MICRO BATTERY MARKET, BY CAPACITY, 2019–2022 (USD MILLION)
TABLE 55 MICRO BATTERY MARKET, BY CAPACITY, 2023–2028 (USD MILLION)
10.2 BELOW 10 MAH
10.2.1 DEMAND FOR LIGHTWEIGHT AND COMPACT BATTERIES TO BOOST ADOPTION OF BATTERIES BELOW 10 MAH
10.3 10 TO 100 MAH
10.3.1 INCREASED ADOPTION OF PORTABLE DEVICES TO DRIVE DEMAND FOR MODERATE CAPACITY BATTERIES
10.4 ABOVE 100 MAH
10.4.1 HIGH POWER APPLICATIONS TO DRIVE DEMAND FOR BATTERIES ABOVE 100 MAH
11 MICRO BATTERY MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 46 MICRO BATTERY MARKET, BY APPLICATION
FIGURE 47 SMART PACKAGING SEGMENT TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
TABLE 56 MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 57 MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.2 CONSUMER ELECTRONICS
11.2.1 MINIATURIZATION OF ELECTRONIC PRODUCTS TO DRIVE DEMAND FOR MICRO BATTERIES
TABLE 58 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 59 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 60 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 61 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3 MEDICAL DEVICES
11.3.1 TECHNOLOGICAL ADVANCEMENTS IN MEDICAL INDUSTRY TO BOOST ADOPTION OF MICRO BATTERIES
TABLE 62 MEDICAL DEVICES: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 63 MEDICAL DEVICES: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 64 MEDICAL DEVICES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 65 MEDICAL DEVICES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.4 SMART PACKAGING
11.4.1 ADOPTION OF RFID TAGS TO DRIVE DEMAND FOR MICRO BATTERIES IN SMART PACKAGING INDUSTRY
TABLE 66 SMART PACKAGING: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 67 SMART PACKAGING: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 68 SMART PACKAGING: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 69 SMART PACKAGING: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.5 SMART CARDS
11.5.1 RISING DEMAND FOR SELF-POWERED SMART CARDS TO BOOST ADOPTION OF THIN FILM BATTERIES
TABLE 70 SMART CARDS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 71 SMART CARDS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 72 SMART CARDS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 73 SMART CARDS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.6 WIRELESS SENSORS
11.6.1 LONG SHELF LIFE OF MICRO BATTERIES TO INCREASE SUITABILITY FOR WIRELESS SENSORS
TABLE 74 WIRELESS SENSORS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 75 WIRELESS SENSORS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 76 WIRELESS SENSORS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 77 WIRELESS SENSORS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.7 OTHERS
TABLE 78 OTHERS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 79 OTHERS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 80 OTHERS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 81 OTHERS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
12 MICRO BATTERY MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 48 MICRO BATTERY MARKET, BY REGION
FIGURE 49 GERMANY TO BE FASTEST-GROWING COUNTRY IN GLOBAL MICRO BATTERY MARKET FROM 2023 TO 2028
TABLE 82 MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 83 MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
12.2 NORTH AMERICA
12.2.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA
FIGURE 50 NORTH AMERICA: MICRO BATTERY MARKET SNAPSHOT
FIGURE 51 US TO ACCOUNT FOR LARGEST SHARE OF MICRO BATTERY MARKET IN NORTH AMERICA FROM 2023 TO 2028
TABLE 84 NORTH AMERICA: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 85 NORTH AMERICA: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 86 NORTH AMERICA: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 87 NORTH AMERICA: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 88 NORTH AMERICA: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 89 NORTH AMERICA: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.2.2 US
12.2.2.1 Rising adoption of smart packaging solutions to increase demand for micro batteries
12.2.3 CANADA
12.2.3.1 Adoption of IoT technology in medical sector to fuel demand for micro batteries
12.2.4 MEXICO
12.2.4.1 Growth of consumer electronics sector to support market growth
12.3 EUROPE
12.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE
FIGURE 52 EUROPE: MICRO BATTERY MARKET SNAPSHOT
FIGURE 53 GERMANY TO DOMINATE EUROPEAN MARKET FOR MICRO BATTERIES DURING FORECAST PERIOD
TABLE 90 EUROPE: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 91 EUROPE: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 92 EUROPE: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 93 EUROPE: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 94 EUROPE: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 95 EUROPE: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.3.2 GERMANY
12.3.2.1 Increasing investments in R&D of advanced battery technologies to drive market
12.3.3 UK
12.3.3.1 Growing demand for wearable devices to drive adoption of micro batteries
12.3.4 FRANCE
12.3.4.1 Rising adoption of smart cards to drive demand for thin film and printed batteries
12.3.5 REST OF EUROPE
12.4 ASIA PACIFIC
12.4.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC
FIGURE 54 ASIA PACIFIC: MICRO BATTERY MARKET SNAPSHOT
FIGURE 55 CHINA TO ACCOUNT FOR LARGEST SHARE OF ASIA PACIFIC MARKET FROM 2023 TO 2028
TABLE 96 ASIA PACIFIC: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 97 ASIA PACIFIC: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 98 ASIA PACIFIC: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 99 ASIA PACIFIC: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 100 ASIA PACIFIC: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 101 ASIA PACIFIC: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.4.2 CHINA
12.4.2.1 Strong manufacturing capabilities to drive demand for micro batteries
12.4.3 JAPAN
12.4.3.1 Presence of major consumer electronics manufacturers to drive market
12.4.4 INDIA
12.4.4.1 Rising trend of digitalization and infrastructural development to drive demand for micro batteries
12.4.5 REST OF ASIA PACIFIC
12.5 ROW
12.5.1 IMPACT OF RECESSION ON MARKET IN ROW
FIGURE 56 MIDDLE EAST AND AFRICA TO REGISTER HIGHER CAGR IN MICRO BATTERY MARKET IN ROW DURING FORECAST PERIOD
TABLE 102 ROW: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 103 ROW: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 104 ROW: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 105 ROW: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 106 ROW: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 107 ROW: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.5.2 MIDDLE EAST & AFRICA
12.5.2.1 Rising demand for consumer electronics to support market growth
12.5.3 SOUTH AMERICA
12.5.3.1 Increasing foreign investments for infrastructure development to result in high adoption of micro batteries
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 STRATEGIES ADOPTED BY MAJOR PLAYERS
TABLE 108 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
13.3 REVENUE ANALYSIS FOR TOP 5 COMPANIES
FIGURE 57 MICRO BATTERY MARKET: REVENUE ANALYSIS FOR TOP 5 PLAYERS, 2018–2022
13.4 MARKET SHARE ANALYSIS, 2022
TABLE 109 MICRO BATTERY MARKET SHARE ANALYSIS (2022)
FIGURE 58 SHARE OF KEY PLAYERS IN MICRO BATTERY MARKET, 2022
13.5 COMPANY EVALUATION MATRIX, 2022
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 59 MICRO BATTERY MARKET: COMPANY EVALUATION MATRIX, 2022
13.6 COMPANY EVALUATION MATRIX FOR SMES, 2022
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
FIGURE 60 MICRO BATTERY MARKET: COMPANY EVALUATION MATRIX FOR SMES, 2022
13.7 MICRO BATTERY MARKET: COMPANY FOOTPRINT
TABLE 110 COMPANY FOOTPRINT
TABLE 111 APPLICATION: COMPANY FOOTPRINT
TABLE 112 REGION: COMPANY FOOTPRINT
13.8 COMPETITIVE BENCHMARKING
TABLE 113 MICRO BATTERY MARKET: LIST OF KEY STARTUPS/SMES
TABLE 114 MICRO BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
13.9 COMPETITIVE SITUATIONS AND TRENDS
TABLE 115 MICRO BATTERY MARKET: PRODUCT LAUNCHES
TABLE 116 MICRO BATTERY MARKET: DEALS
14 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 KEY PLAYERS
14.1.1 PANASONIC HOLDINGS CORPORATION
TABLE 117 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 61 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 118 PANASONIC HOLDINGS CORPORATION: PRODUCTS OFFERED
14.1.2 ENERGIZER HOLDINGS, INC.
TABLE 119 ENERGIZER HOLDINGS, INC.: COMPANY OVERVIEW
FIGURE 62 ENERGIZER HOLDINGS, INC.: COMPANY SNAPSHOT
TABLE 120 ENERGIZER HOLDINGS, INC.: PRODUCTS OFFERED
14.1.3 VARTA AG
TABLE 121 VARTA AG: COMPANY OVERVIEW
FIGURE 63 VARTA AG: COMPANY SNAPSHOT
TABLE 122 VARTA AG: PRODUCTS OFFERED
TABLE 123 VARTA AG: PRODUCT LAUNCHES
TABLE 124 VARTA AG: DEALS
TABLE 125 VARTA AG: OTHERS
14.1.4 ULTRALIFE CORPORATION
TABLE 126 ULTRALIFE CORPORATION: COMPANY OVERVIEW
FIGURE 64 ULTRALIFE CORPORATION: COMPANY SNAPSHOT
TABLE 127 ULTRALIFE CORPORATION: PRODUCTS OFFERED
TABLE 128 ULTRALIFE CORPORATION: DEALS
14.1.5 MOLEX, LLC
TABLE 129 MOLEX, LLC: COMPANY OVERVIEW
TABLE 130 MOLEX, LLC: PRODUCTS OFFERED
14.1.6 ENFUCELL
TABLE 131 ENFUCELL: COMPANY OVERVIEW
TABLE 132 ENFUCELL: PRODUCTS OFFERED
TABLE 133 ENFUCELL: PRODUCT LAUNCHES
14.1.7 CYMBET CORPORATION
TABLE 134 CYMBET CORPORATION: COMPANY OVERVIEW
TABLE 135 CYMBET CORPORATION: PRODUCTS OFFERED
TABLE 136 CYMBET CORPORATION: PRODUCT LAUNCHES
TABLE 137 CYMBET CORPORATION: DEALS
14.1.8 DURACELL INC.
TABLE 138 DURACELL INC.: COMPANY OVERVIEW
TABLE 139 DURACELL INC.: PRODUCTS OFFERED
14.1.9 MAXELL, LTD.
TABLE 140 MAXELL, LTD.: COMPANY OVERVIEW
FIGURE 65 MAXELL, LTD.: COMPANY SNAPSHOT
TABLE 141 MAXELL, LTD.: PRODUCTS OFFERED
TABLE 142 MAXELL, LTD.: PRODUCT LAUNCHES
14.1.10 MURATA MANUFACTURING CO., LTD.
TABLE 143 MURATA MANUFACTURING CO., LTD.: COMPANY OVERVIEW
FIGURE 66 MURATA MANUFACTURING CO., LTD.: COMPANY SNAPSHOT
TABLE 144 MURATA MANUFACTURING CO., LTD.: PRODUCTS OFFERED
TABLE 145 MURATA MANUFACTURING CO., LTD.: PRODUCT LAUNCHES
14.1.11 RENATA SA
TABLE 146 RENATA SA: COMPANY OVERVIEW
TABLE 147 RENATA SA: PRODUCTS OFFERED
TABLE 148 RENATA SA: PRODUCT LAUNCHES
14.1.12 SEIKO INSTRUMENTS INC.
TABLE 149 SEIKO INSTRUMENTS INC. COMPANY OVERVIEW
TABLE 150 SEIKO INSTRUMENTS INC.: PRODUCTS OFFERED
TABLE 151 SEIKO INSTRUMENTS INC.: PRODUCT LAUNCHES
14.1.13 SHENZHEN GREPOW BATTERY CO., LTD.
TABLE 152 SHENZHEN GREPOW BATTERY CO., LTD.: COMPANY OVERVIEW
TABLE 153 SHENZHEN GREPOW BATTERY CO., LTD.: PRODUCTS OFFERED
TABLE 154 SHENZHEN GREPOW BATTERY CO., LTD.: DEALS
TABLE 155 SHENZHEN GREPOW BATTERY CO., LTD.: OTHERS
14.1.14 STMICROELECTRONICS N.V.
TABLE 156 STMICROELECTRONICS NV: COMPANY OVERVIEW
FIGURE 67 STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
TABLE 157 STMICROELECTRONICS N.V.: PRODUCTS OFFERED
14.1.15 TDK CORPORATION
TABLE 158 TDK CORPORATION: COMPANY OVERVIEW
FIGURE 68 TDK CORPORATION: COMPANY SNAPSHOT
TABLE 159 TDK CORPORATION: PRODUCTS OFFERED
TABLE 160 TDK CORPORATION: PRODUCT LAUNCHES
14.2 OTHER COMPANIES
14.2.1 BRIGHTVOLT
14.2.2 ENERGY DIAGNOSTICS
14.2.3 EXCELLATRON SOLID STATE, LLC
14.2.4 GMB CO., LTD.
14.2.5 IMPRINT ENERGY
14.2.6 ITEN
14.2.7 JENAX INC.
14.2.8 PROLOGIUM TECHNOLOGY CO., LTD.
14.2.9 RIOT ENERGY
14.2.10 YICHANG POWER GLORY TECHNOLOGY 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.
15 ADJACENT AND RELATED MARKETS
15.1 INTRODUCTION
15.2 FLOW BATTERY MARKET: BY APPLICATION
15.2.1 INTRODUCTION
TABLE 161 FLOW BATTERY MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 162 FLOW BATTERY MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
15.2.2 UTILITIES
15.2.2.1 Growing adoption of flow batteries in utilities to support market growth
15.2.3 COMMERCIAL & INDUSTRIAL
15.2.3.1 Commercial & industrial segment to hold significant market share during forecast period
15.2.4 EV CHARGING STATION
15.2.4.1 Growing need for fast recharging of vehicles to fuel adoption of flow batteries in charging stations
15.2.5 OTHERS
16 APPENDIX
16.1 INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MICRO BATTERY MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
FIGURE 2 MICRO BATTERY MARKET: REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 3 MICRO BATTERY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 4 MICRO BATTERY MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from 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 to derive market size using bottom-up analysis
FIGURE 5 MICRO BATTERY MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis
FIGURE 6 MICRO BATTERY MARKET: TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR MICRO BATTERY MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 9 ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO UNDERSTAND RECESSION IMPACT ON MICRO BATTERY MARKET
2.6 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 10 MICRO BATTERY MARKET, 2019–2028 (USD MILLION)
FIGURE 11 THIN FILM BATTERIES TO WITNESS HIGHEST CAGR FROM 2023 TO 2028
FIGURE 12 PRIMARY BATTERIES TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
FIGURE 13 10 TO 100 MAH SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
FIGURE 14 CONSUMER ELECTRONICS APPLICATION TO CAPTURE LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
FIGURE 15 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MICRO BATTERY MARKET
FIGURE 16 INTEGRATION OF THIN FILM AND FLEXIBLE BATTERIES INTO CONSUMER ELECTRONICS TO DRIVE MARKET
4.2 MICRO BATTERY MARKET, BY TYPE
FIGURE 17 THIN FILM BATTERIES TO CAPTURE LARGEST MARKET SHARE IN 2028
4.3 MICRO BATTERY MARKET, BY APPLICATION
FIGURE 18 CONSUMER ELECTRONICS APPLICATION TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
4.4 NORTH AMERICA MICRO BATTERY MARKET, BY APPLICATION AND COUNTRY
FIGURE 19 MEDICAL DEVICES AND US TO BE LARGEST SHAREHOLDERS OF NORTH AMERICAN MARKET IN 2028
4.5 MICRO BATTERY MARKET, BY COUNTRY
FIGURE 20 GERMANY TO BE FASTEST-GROWING MARKET FROM 2023 TO 2028
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 MICRO BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Advantages of micro batteries over traditional batteries
5.2.1.2 Growing adoption of micro batteries in medical devices
5.2.1.3 Increasing demand for wearables using thin and printed batteries
5.2.1.4 Growing adoption of specialized batteries in IoT applications
5.2.1.5 Rising focus on miniaturization of electronic devices
FIGURE 22 MICRO BATTERY MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Requirement for high initial investment in creating manufacturing setup for advanced batteries
5.2.2.2 Lack of designing and manufacturing standards for micro batteries
FIGURE 23 MICRO BATTERY MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for flexible batteries in smart textiles
5.2.3.2 Increasing adoption of wireless sensors
FIGURE 24 MICRO BATTERY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Complex battery fabrication process
FIGURE 25 MICRO BATTERY MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 26 MICRO BATTERY MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM MAPPING
FIGURE 27 MICRO BATTERY MARKET: ECOSYSTEM ANALYSIS
TABLE 2 ROLE OF PLAYERS IN MICRO BATTERY ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND
FIGURE 28 AVERAGE SELLING PRICE TREND FOR MICRO BATTERIES, 2022–2028
5.5.2 AVERAGE SELLING PRICE TREND, BY TYPE
TABLE 3 MICRO BATTERY MARKET: AVERAGE SELLING PRICE AND VOLUME
5.5.3 AVERAGE SELLING PRICE TREND, BY KEY PLAYER
FIGURE 29 AVERAGE SELLING PRICE OF MICRO BATTERIES OFFERED BY KEY PLAYERS
TABLE 4 AVERAGE SELLING PRICE OF MICRO BATTERIES OFFERED BY MAJOR PLAYERS (USD)
5.5.4 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 5 AVERAGE SELLING PRICE FOR MICRO BATTERIES, BY REGION (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 30 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN MICRO BATTERY MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 SOLID-STATE BATTERIES
5.7.2 METAL-AIR BATTERIES
5.7.3 LIQUID-METAL BATTERIES
5.7.4 ZINC-MANGANESE BATTERIES
5.7.5 VANADIUM FLOW BATTERIES
5.7.6 LITHIUM-SILICON BATTERIES
5.7.7 LITHIUM-COBALT OXIDE BATTERIES
5.7.8 NICKEL-MANGANESE-COBALT BATTERIES
5.7.9 LITHIUM-NICKEL-COBALT-ALUMINUM OXIDE BATTERIES
5.7.10 LITHIUM-SULFUR BATTERIES
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 6 IMPACT OF PORTER’S FIVE FORCES ON MICRO BATTERY MARKET
FIGURE 31 MICRO BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 BARGAINING POWER OF SUPPLIERS
5.8.2 BARGAINING POWER OF BUYERS
5.8.3 THREAT OF NEW ENTRANTS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 INTENSITY OF COMPETITIVE RIVALRIES
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
5.9.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 8 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.10 CASE STUDY ANALYSIS
TABLE 9 USE OF THIN FILM BATTERIES IN SPORTS APPLICATIONS
TABLE 10 UTILIZATION OF THIN FILM BATTERIES TO POWER SKIN PATCHES
TABLE 11 DEVELOPMENT OF SAFE BED-EXIT SENSORS USING THIN FILM BATTERIES
TABLE 12 INTEGRATION OF THIN FILM BATTERIES IN FLEXIBLE SENSOR TAGS TO TRACK SHIPMENTS
TABLE 13 ADOPTION OF SMALL RECHARGEABLE BATTERIES BY BITKEY TO BUILD THIN SMART LOCK KEY
5.11 TRADE ANALYSIS
FIGURE 34 IMPORT VALUE OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 35 EXPORT VALUE OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2018–2022 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 36 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 14 US: TOP 20 PATENT OWNERS IN LAST 10 YEARS
FIGURE 37 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2022
TABLE 15 MICRO BATTERY MARKET: LIST OF PATENTS, 2019–2022
5.13 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 16 MICRO BATTERY MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.14 TARIFF AND REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 REGULATORY STANDARDS
TABLE 21 STANDARDS FOR MICRO BATTERY MARKET
6 MICRO BATTERY MARKET, BY COMPONENT
6.1 INTRODUCTION
FIGURE 38 MICRO BATTERY MARKET, BY COMPONENT
6.2 ELECTRODES
6.2.1 CATHODE
6.2.1.1 Cathode material helps determine key battery characteristics
6.2.2 ANODE
6.2.2.1 Wide use of carbon-based materials in micro batteries
6.3 SUBSTRATES
6.3.1 IMPLEMENTATION OF POLYMER SUBSTRATES IN MICRO BATTERIES FOR COST EFFICIENCY
6.4 ELECTROLYTES
6.4.1 DEPLOYMENT OF SOLID ELECTROLYTES IN MICRO BATTERIES TO INCREASE BATTERY OUTPUT
6.5 OTHER COMPONENTS
7 MICRO BATTERY MARKET, BY MATERIAL
7.1 INTRODUCTION
FIGURE 39 MICRO BATTERY MARKET: BY MATERIAL
7.2 ALKALINE
7.2.1 DURABILITY AND AFFORDABILITY OF ALKALINE BATTERY TO DRIVE MARKET
7.3 SILVER OXIDE
7.3.1 HIGH ENERGY DENSITY AND STABILITY OF SILVER OXIDE BATTERIES TO BOOST DEMAND
7.4 LITHIUM-ION
7.4.1 RISING DEMAND FOR MINIATURIZED CONSUMER ELECTRONICS AND MEDICAL DEVICES TO BOOST ADOPTION OF LITHIUM-ION BATTERIES
7.5 LITHIUM POLYMER
7.5.1 HIGH DURABILITY OF LITHIUM POLYMER BATTERIES TO INCREASE ADOPTION IN CONSUMER DEVICES
7.6 ZINC
7.6.1 NEXT-GENERATION WEARABLE ELECTRONICS TO ADOPT ZINC-BASED FLEXIBLE PRINTED BATTERIES
8 MICRO BATTERY MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 40 MICRO BATTERY MARKET, BY TYPE
FIGURE 41 THIN FILM BATTERIES TO EXHIBIT HIGHEST CAGR IN MICRO BATTERY MARKET DURING FORECAST PERIOD
TABLE 22 MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 23 MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.2 THIN FILM BATTERIES
8.2.1 INCREASED DEMAND FOR MINIATURE PRODUCTS TO BOOST ADOPTION OF THIN FILM BATTERIES
TABLE 24 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 25 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 26 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 27 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 28 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 29 THIN FILM BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 PRINTED BATTERIES
8.3.1 FLEXIBLE AND ECO-FRIENDLY FEATURES TO DRIVE DEMAND FOR PRINTED BATTERIES
TABLE 30 PRINTED BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 31 PRINTED BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 32 PRINTED BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 33 PRINTED BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 34 PRINTED BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 35 PRINTED BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 SOLID-STATE CHIP BATTERIES
8.4.1 SAFETY CONCERNS IN DEVICES TO BOOST ADOPTION OF SOLID-STATE CHIP BATTERIES
TABLE 36 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 37 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 38 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 39 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 40 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 41 SOLID-STATE CHIP BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 BUTTON BATTERIES
8.5.1 INEXPENSIVE AND SAFE NATURE OF BUTTON BATTERIES TO DRIVE DEMAND IN NUMEROUS APPLICATIONS
TABLE 42 BUTTON BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 43 BUTTON BATTERIES: MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 44 BUTTON BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 BUTTON BATTERIES: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 46 BUTTON BATTERIES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 47 BUTTON BATTERIES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
9 MICRO BATTERY MARKET, BY BATTERY TYPE
9.1 INTRODUCTION
FIGURE 42 MICRO BATTERY MARKET, BY BATTERY TYPE
FIGURE 43 SECONDARY BATTERY TO RECORD HIGHER CAGR DURING FORECAST PERIOD
TABLE 48 MICRO BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 49 MICRO BATTERY MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
9.2 PRIMARY
9.2.1 USE OF DISPOSABLE BATTERIES IN MEDICAL DEVICES TO DRIVE DEMAND FOR PRIMARY BATTERIES
TABLE 50 PRIMARY: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 51 PRIMARY: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
9.3 SECONDARY
9.3.1 USE OF COMPACT AND FLEXIBLE RECHARGEABLE BATTERIES TO DRIVE SEGMENTAL GROWTH
TABLE 52 SECONDARY: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 53 SECONDARY: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
10 MICRO BATTERY MARKET, BY CAPACITY
10.1 INTRODUCTION
FIGURE 44 MICRO BATTERY MARKET: BY CAPACITY
FIGURE 45 10 TO 100 MAH SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 54 MICRO BATTERY MARKET, BY CAPACITY, 2019–2022 (USD MILLION)
TABLE 55 MICRO BATTERY MARKET, BY CAPACITY, 2023–2028 (USD MILLION)
10.2 BELOW 10 MAH
10.2.1 DEMAND FOR LIGHTWEIGHT AND COMPACT BATTERIES TO BOOST ADOPTION OF BATTERIES BELOW 10 MAH
10.3 10 TO 100 MAH
10.3.1 INCREASED ADOPTION OF PORTABLE DEVICES TO DRIVE DEMAND FOR MODERATE CAPACITY BATTERIES
10.4 ABOVE 100 MAH
10.4.1 HIGH POWER APPLICATIONS TO DRIVE DEMAND FOR BATTERIES ABOVE 100 MAH
11 MICRO BATTERY MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 46 MICRO BATTERY MARKET, BY APPLICATION
FIGURE 47 SMART PACKAGING SEGMENT TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
TABLE 56 MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 57 MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.2 CONSUMER ELECTRONICS
11.2.1 MINIATURIZATION OF ELECTRONIC PRODUCTS TO DRIVE DEMAND FOR MICRO BATTERIES
TABLE 58 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 59 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 60 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 61 CONSUMER ELECTRONICS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3 MEDICAL DEVICES
11.3.1 TECHNOLOGICAL ADVANCEMENTS IN MEDICAL INDUSTRY TO BOOST ADOPTION OF MICRO BATTERIES
TABLE 62 MEDICAL DEVICES: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 63 MEDICAL DEVICES: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 64 MEDICAL DEVICES: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 65 MEDICAL DEVICES: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.4 SMART PACKAGING
11.4.1 ADOPTION OF RFID TAGS TO DRIVE DEMAND FOR MICRO BATTERIES IN SMART PACKAGING INDUSTRY
TABLE 66 SMART PACKAGING: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 67 SMART PACKAGING: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 68 SMART PACKAGING: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 69 SMART PACKAGING: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.5 SMART CARDS
11.5.1 RISING DEMAND FOR SELF-POWERED SMART CARDS TO BOOST ADOPTION OF THIN FILM BATTERIES
TABLE 70 SMART CARDS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 71 SMART CARDS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 72 SMART CARDS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 73 SMART CARDS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.6 WIRELESS SENSORS
11.6.1 LONG SHELF LIFE OF MICRO BATTERIES TO INCREASE SUITABILITY FOR WIRELESS SENSORS
TABLE 74 WIRELESS SENSORS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 75 WIRELESS SENSORS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 76 WIRELESS SENSORS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 77 WIRELESS SENSORS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
11.7 OTHERS
TABLE 78 OTHERS: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 79 OTHERS: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 80 OTHERS: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 81 OTHERS: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
12 MICRO BATTERY MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 48 MICRO BATTERY MARKET, BY REGION
FIGURE 49 GERMANY TO BE FASTEST-GROWING COUNTRY IN GLOBAL MICRO BATTERY MARKET FROM 2023 TO 2028
TABLE 82 MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 83 MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
12.2 NORTH AMERICA
12.2.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA
FIGURE 50 NORTH AMERICA: MICRO BATTERY MARKET SNAPSHOT
FIGURE 51 US TO ACCOUNT FOR LARGEST SHARE OF MICRO BATTERY MARKET IN NORTH AMERICA FROM 2023 TO 2028
TABLE 84 NORTH AMERICA: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 85 NORTH AMERICA: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 86 NORTH AMERICA: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 87 NORTH AMERICA: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 88 NORTH AMERICA: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 89 NORTH AMERICA: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.2.2 US
12.2.2.1 Rising adoption of smart packaging solutions to increase demand for micro batteries
12.2.3 CANADA
12.2.3.1 Adoption of IoT technology in medical sector to fuel demand for micro batteries
12.2.4 MEXICO
12.2.4.1 Growth of consumer electronics sector to support market growth
12.3 EUROPE
12.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE
FIGURE 52 EUROPE: MICRO BATTERY MARKET SNAPSHOT
FIGURE 53 GERMANY TO DOMINATE EUROPEAN MARKET FOR MICRO BATTERIES DURING FORECAST PERIOD
TABLE 90 EUROPE: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 91 EUROPE: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 92 EUROPE: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 93 EUROPE: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 94 EUROPE: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 95 EUROPE: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.3.2 GERMANY
12.3.2.1 Increasing investments in R&D of advanced battery technologies to drive market
12.3.3 UK
12.3.3.1 Growing demand for wearable devices to drive adoption of micro batteries
12.3.4 FRANCE
12.3.4.1 Rising adoption of smart cards to drive demand for thin film and printed batteries
12.3.5 REST OF EUROPE
12.4 ASIA PACIFIC
12.4.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC
FIGURE 54 ASIA PACIFIC: MICRO BATTERY MARKET SNAPSHOT
FIGURE 55 CHINA TO ACCOUNT FOR LARGEST SHARE OF ASIA PACIFIC MARKET FROM 2023 TO 2028
TABLE 96 ASIA PACIFIC: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 97 ASIA PACIFIC: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 98 ASIA PACIFIC: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 99 ASIA PACIFIC: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 100 ASIA PACIFIC: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 101 ASIA PACIFIC: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.4.2 CHINA
12.4.2.1 Strong manufacturing capabilities to drive demand for micro batteries
12.4.3 JAPAN
12.4.3.1 Presence of major consumer electronics manufacturers to drive market
12.4.4 INDIA
12.4.4.1 Rising trend of digitalization and infrastructural development to drive demand for micro batteries
12.4.5 REST OF ASIA PACIFIC
12.5 ROW
12.5.1 IMPACT OF RECESSION ON MARKET IN ROW
FIGURE 56 MIDDLE EAST AND AFRICA TO REGISTER HIGHER CAGR IN MICRO BATTERY MARKET IN ROW DURING FORECAST PERIOD
TABLE 102 ROW: MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 103 ROW: MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 104 ROW: MICRO BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 105 ROW: MICRO BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 106 ROW: MICRO BATTERY MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 107 ROW: MICRO BATTERY MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.5.2 MIDDLE EAST & AFRICA
12.5.2.1 Rising demand for consumer electronics to support market growth
12.5.3 SOUTH AMERICA
12.5.3.1 Increasing foreign investments for infrastructure development to result in high adoption of micro batteries
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 STRATEGIES ADOPTED BY MAJOR PLAYERS
TABLE 108 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
13.3 REVENUE ANALYSIS FOR TOP 5 COMPANIES
FIGURE 57 MICRO BATTERY MARKET: REVENUE ANALYSIS FOR TOP 5 PLAYERS, 2018–2022
13.4 MARKET SHARE ANALYSIS, 2022
TABLE 109 MICRO BATTERY MARKET SHARE ANALYSIS (2022)
FIGURE 58 SHARE OF KEY PLAYERS IN MICRO BATTERY MARKET, 2022
13.5 COMPANY EVALUATION MATRIX, 2022
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 59 MICRO BATTERY MARKET: COMPANY EVALUATION MATRIX, 2022
13.6 COMPANY EVALUATION MATRIX FOR SMES, 2022
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
FIGURE 60 MICRO BATTERY MARKET: COMPANY EVALUATION MATRIX FOR SMES, 2022
13.7 MICRO BATTERY MARKET: COMPANY FOOTPRINT
TABLE 110 COMPANY FOOTPRINT
TABLE 111 APPLICATION: COMPANY FOOTPRINT
TABLE 112 REGION: COMPANY FOOTPRINT
13.8 COMPETITIVE BENCHMARKING
TABLE 113 MICRO BATTERY MARKET: LIST OF KEY STARTUPS/SMES
TABLE 114 MICRO BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
13.9 COMPETITIVE SITUATIONS AND TRENDS
TABLE 115 MICRO BATTERY MARKET: PRODUCT LAUNCHES
TABLE 116 MICRO BATTERY MARKET: DEALS
14 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 KEY PLAYERS
14.1.1 PANASONIC HOLDINGS CORPORATION
TABLE 117 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 61 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 118 PANASONIC HOLDINGS CORPORATION: PRODUCTS OFFERED
14.1.2 ENERGIZER HOLDINGS, INC.
TABLE 119 ENERGIZER HOLDINGS, INC.: COMPANY OVERVIEW
FIGURE 62 ENERGIZER HOLDINGS, INC.: COMPANY SNAPSHOT
TABLE 120 ENERGIZER HOLDINGS, INC.: PRODUCTS OFFERED
14.1.3 VARTA AG
TABLE 121 VARTA AG: COMPANY OVERVIEW
FIGURE 63 VARTA AG: COMPANY SNAPSHOT
TABLE 122 VARTA AG: PRODUCTS OFFERED
TABLE 123 VARTA AG: PRODUCT LAUNCHES
TABLE 124 VARTA AG: DEALS
TABLE 125 VARTA AG: OTHERS
14.1.4 ULTRALIFE CORPORATION
TABLE 126 ULTRALIFE CORPORATION: COMPANY OVERVIEW
FIGURE 64 ULTRALIFE CORPORATION: COMPANY SNAPSHOT
TABLE 127 ULTRALIFE CORPORATION: PRODUCTS OFFERED
TABLE 128 ULTRALIFE CORPORATION: DEALS
14.1.5 MOLEX, LLC
TABLE 129 MOLEX, LLC: COMPANY OVERVIEW
TABLE 130 MOLEX, LLC: PRODUCTS OFFERED
14.1.6 ENFUCELL
TABLE 131 ENFUCELL: COMPANY OVERVIEW
TABLE 132 ENFUCELL: PRODUCTS OFFERED
TABLE 133 ENFUCELL: PRODUCT LAUNCHES
14.1.7 CYMBET CORPORATION
TABLE 134 CYMBET CORPORATION: COMPANY OVERVIEW
TABLE 135 CYMBET CORPORATION: PRODUCTS OFFERED
TABLE 136 CYMBET CORPORATION: PRODUCT LAUNCHES
TABLE 137 CYMBET CORPORATION: DEALS
14.1.8 DURACELL INC.
TABLE 138 DURACELL INC.: COMPANY OVERVIEW
TABLE 139 DURACELL INC.: PRODUCTS OFFERED
14.1.9 MAXELL, LTD.
TABLE 140 MAXELL, LTD.: COMPANY OVERVIEW
FIGURE 65 MAXELL, LTD.: COMPANY SNAPSHOT
TABLE 141 MAXELL, LTD.: PRODUCTS OFFERED
TABLE 142 MAXELL, LTD.: PRODUCT LAUNCHES
14.1.10 MURATA MANUFACTURING CO., LTD.
TABLE 143 MURATA MANUFACTURING CO., LTD.: COMPANY OVERVIEW
FIGURE 66 MURATA MANUFACTURING CO., LTD.: COMPANY SNAPSHOT
TABLE 144 MURATA MANUFACTURING CO., LTD.: PRODUCTS OFFERED
TABLE 145 MURATA MANUFACTURING CO., LTD.: PRODUCT LAUNCHES
14.1.11 RENATA SA
TABLE 146 RENATA SA: COMPANY OVERVIEW
TABLE 147 RENATA SA: PRODUCTS OFFERED
TABLE 148 RENATA SA: PRODUCT LAUNCHES
14.1.12 SEIKO INSTRUMENTS INC.
TABLE 149 SEIKO INSTRUMENTS INC. COMPANY OVERVIEW
TABLE 150 SEIKO INSTRUMENTS INC.: PRODUCTS OFFERED
TABLE 151 SEIKO INSTRUMENTS INC.: PRODUCT LAUNCHES
14.1.13 SHENZHEN GREPOW BATTERY CO., LTD.
TABLE 152 SHENZHEN GREPOW BATTERY CO., LTD.: COMPANY OVERVIEW
TABLE 153 SHENZHEN GREPOW BATTERY CO., LTD.: PRODUCTS OFFERED
TABLE 154 SHENZHEN GREPOW BATTERY CO., LTD.: DEALS
TABLE 155 SHENZHEN GREPOW BATTERY CO., LTD.: OTHERS
14.1.14 STMICROELECTRONICS N.V.
TABLE 156 STMICROELECTRONICS NV: COMPANY OVERVIEW
FIGURE 67 STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
TABLE 157 STMICROELECTRONICS N.V.: PRODUCTS OFFERED
14.1.15 TDK CORPORATION
TABLE 158 TDK CORPORATION: COMPANY OVERVIEW
FIGURE 68 TDK CORPORATION: COMPANY SNAPSHOT
TABLE 159 TDK CORPORATION: PRODUCTS OFFERED
TABLE 160 TDK CORPORATION: PRODUCT LAUNCHES
14.2 OTHER COMPANIES
14.2.1 BRIGHTVOLT
14.2.2 ENERGY DIAGNOSTICS
14.2.3 EXCELLATRON SOLID STATE, LLC
14.2.4 GMB CO., LTD.
14.2.5 IMPRINT ENERGY
14.2.6 ITEN
14.2.7 JENAX INC.
14.2.8 PROLOGIUM TECHNOLOGY CO., LTD.
14.2.9 RIOT ENERGY
14.2.10 YICHANG POWER GLORY TECHNOLOGY 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.
15 ADJACENT AND RELATED MARKETS
15.1 INTRODUCTION
15.2 FLOW BATTERY MARKET: BY APPLICATION
15.2.1 INTRODUCTION
TABLE 161 FLOW BATTERY MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 162 FLOW BATTERY MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
15.2.2 UTILITIES
15.2.2.1 Growing adoption of flow batteries in utilities to support market growth
15.2.3 COMMERCIAL & INDUSTRIAL
15.2.3.1 Commercial & industrial segment to hold significant market share during forecast period
15.2.4 EV CHARGING STATION
15.2.4.1 Growing need for fast recharging of vehicles to fuel adoption of flow batteries in charging stations
15.2.5 OTHERS
16 APPENDIX
16.1 INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
