Reports
Global Micro Battery Market Size, Share, Trends, Forecast: By Type: Thin Film Battery, Printed Battery, Solid State Chip Battery; By Rechargeability: Primary Battery, Secondary Battery; By Capacity: Below 10 mAh, Between 10 mAh to 100 mAh, Above 100 mAh; By Application; By Components; Regional Analysis; Competitive Landscape; 2024-2032
Global Micro Battery Market Key Insights
The global market for micro battery is projected to rise up to USD 6590.51 million by 2032, growing at a CAGR of 34.1% between 2023 and 2032.
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Growth in this industry will be driven by the increased use of wearable instruments, the rising need for compact batteries in medical devices, and the rising demand for small and versatile batteries in IoT systems. These batteries are light in weight, compact, and flexible. They are 1 to 6 mm in height and 5 to 25 mm in diameter.
Market Segmentation
The micro battery industry can be divided on the basis of segments like type, rechargeability, application, components, and capacity.
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Micro batteries find their application in sectors like:
- Consumer Electronics
- Medical Devices
- Smart Packaging
- Wearable Devices
- Smart Cards
- Wireless Sensor Nodes
- Others
Thin film battery, printed battery, and solid state chip battery are the major types of micro batteries. The battery can be classified on the basis of its rechargeability as primary battery and secondary battery. On the basis of its components, it can be divided into electrodes, electrolytes, substrates, current collectors, and others. Based on its capacity, it can be categorised as below 10 mah, between 10 mah to 100 mah, and above 100 mah.
The EMR report looks into the regional markets of micro battery like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The micro battery industry owes its growth to factors like inherent advantages of micro batteries, growth in the adoption of wearable devices, need for compact batteries in medical devices, and the demand for thin and flexible batteries in IoT devices. The limitations of micro batteries include low expenditure in resources and absence of standardization in the micro battery industry.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global micro battery industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cymbet Corporation
- STMicroelectronics
- Enfucell Oy
- SAMSUNG SDI CO., LTD.
- BrightVolt.
- Front Edge Technology, Inc.
- Imprint Energy
- Ultralife Corporation
- Blue Spark Technologies
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Rechargeability, Capacity, Application, Components, Region |
| Breakup by Type | Thin Film Battery, Printed Battery, Solid State Chip Battery |
| Breakup by Rechargeability | Primary Battery, Secondary Battery |
| Breakup by Capacity | Below 10 mAh, Between 10 mAh to 100 mAh, Above 100 mAh |
| Breakup by Application | Consumer Electronics, Medical Devices, Smart Packaging, Smart Cards, Wearable Devices, Wireless Sensor Nodes, Others |
| Breakup by Components | Electrodes, Electrolytes, Substrates, Current Collectors, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Cymbet Corporation, STMicroelectronics, Enfucell Oy, SAMSUNG SDI CO., LTD., BrightVolt., Front Edge Technology, Inc., IMPRINT ENERGY, Ultralife Corporation, Blue Spark Technologies |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Micro Battery Market Analysis
8.1 Key Industry Highlights
8.2 Global Micro Battery Historical Market (2018-2023)
8.3 Global Micro Battery Market Forecast (2024-2032)
8.4 Global Micro Battery Market by Type
8.4.1 Thin Film Battery
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Printed Battery
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Solid State Chip Battery
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.5 Global Micro Battery Market by Rechargeability
8.5.1 Primary Battery
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Secondary Battery
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Micro Battery Market by Capacity
8.6.1 Below 10 mAh
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Between 10 mAh to 100 mAh
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Above 100 mAh
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.7 Global Micro Battery Market by Application
8.7.1 Consumer Electronics
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Medical Devices
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Smart Packaging
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Smart Cards
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Wearable Devices
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
8.7.6 Wireless Sensor Nodes
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2018-2023)
8.7.6.3 Forecast Trend (2024-2032)
8.7.7 Others
8.8 Global Micro Battery Market by Components
8.8.1 Electrodes
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2023)
8.8.1.3 Forecast Trend (2024-2032)
8.8.2 Electrolytes
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2023)
8.8.2.3 Forecast Trend (2024-2032)
8.8.3 Substrates
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2023)
8.8.3.3 Forecast Trend (2024-2032)
8.8.4 Current Collectors
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2023)
8.8.4.3 Forecast Trend (2024-2032)
8.8.5 Others
8.9 Global Micro Battery Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Micro Battery Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Micro Battery Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Micro Battery Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Micro Battery Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Micro Battery Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code-8506)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Cymbet Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Panasonic Corporation
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 VARTA AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Seiko Instruments Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Maxell, Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Front Edge Technology, Inc
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Imprint Energy
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Murata Manufacturing Co., Ltd.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Blue Spark Technologies
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Micro Battery Market: Key Industry Highlights, 2018 and 2032
2. Global Micro Battery Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Micro Battery Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Micro Battery Historical Market: Breakup by Rechargeability (USD Million), 2018-2023
5. Global Micro Battery Market Forecast: Breakup by Rechargeability (USD Million), 2024-2032
6. Global Micro Battery Historical Market: Breakup by Capacity (USD Million), 2018-2023
7. Global Micro Battery Market Forecast: Breakup by Capacity (USD Million), 2024-2032
8. Global Micro Battery Historical Market: Breakup by Application (USD Million), 2018-2023
9. Global Micro Battery Market Forecast: Breakup by Application (USD Million), 2024-2032
10. Global Micro Battery Historical Market: Breakup by Components (USD Million), 2018-2023
11. Global Micro Battery Market Forecast: Breakup by Components (USD Million), 2024-2032
12. Global Micro Battery Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Micro Battery Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Micro Battery Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Micro Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Micro Battery Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Micro Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Micro Battery Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Micro Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Micro Battery Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Micro Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Micro Battery Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Micro Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Major Exporting Countries by Value
25. Major Importing Countries by Value
26. Major Exporting Countries by Volume
27. Major Importing Countries by Volume
28. Global Micro Battery Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 34.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6590.51 million by 2032.
The growth of the market is driven by factors like inherent advantages of micro batteries and growth in the adoption of wearable devices.
The rising demand for compact batteries in medical devices and the demand for thin and flexible batteries in IoT devices are the key trends in the market.
The major regions in the market include North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Electrodes is the dominant component in the market.
The leading types in the market are thin film battery, printed battery, and solid-state chip battery.
Based on rechargeability, the market can be segmented into primary battery and secondary battery.
The capacity can be divided into below 10 mAh, between 10 mAh to 100 mAh, and above 100 mAh.
The application sectors include consumer electronics, medical devices, smart packaging, smart cards, wearable devices, and wireless sensor nodes, among others.
The major players in the market include Cymbet Corporation, STMicroelectronics, Enfucell Oy, SAMSUNG SDI CO., LTD., BrightVolt., Front Edge Technology, Inc., Imprint Energy, Ultralife Corporation, and Blue Spark Technologies.
Analyst Review
The global micro battery market is driven by the inherent advantages of micro batteries and growth in the adoption of wearable devices. Aided by the need for compact batteries in medical devices, and the demand for thin and flexible batteries in IoT devices, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 34.1%. The market is projected to reach USD 6590.51 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the micro battery industry can be segmented into thin film battery, printed battery, and solid-state chip battery. On the basis of components, the electrodes sector accounts for the leading share in the industry. The application sectors include consumer electronics, medical devices, smart packaging, smart cards, wearable devices, and wireless sensor nodes, among others. Based on rechargeability, the market can be segmented into primary battery and secondary battery. The major regional markets for micro battery are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cymbet Corporation, STMicroelectronics, Enfucell Oy, SAMSUNG SDI CO., LTD., BrightVolt., Front Edge Technology, Inc., Imprint Energy, Ultralife Corporation, and Blue Spark Technologies.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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