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Global Micro Battery Market: By Type: Thin Film Battery, Printed Battery, Solid State Chip Battery; By Rechargeability; By Capacity; By Application: Consumer Electronics, Others; By Components; Regional Analysis; Historical Market and Forecast (2017-2027); SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Micro Battery Market Key Insights

The global market for micro battery is projected to rise up to USD 1191.7 million by 2026, growing at a CAGR of 37% between 2021 and 2026.

 

Micro Battery Market

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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.

 

Properties and Applications

The micro battery industry can be divided on the basis of segments like type, rechargeability, application, components, and capacity.

 

Micro Battery Market by component

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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.

 

Micro Battery Market by Region

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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.

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 2020
Historical Period 2017-2021
Forecast Period 2022-2027
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, EMR’s 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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Global Micro Battery Market Analysis
    4.1    Global Micro Battery Market (2017-2021) & Forecast (2022-2027)
    4.2    Global Micro Battery Market Breakup by Type
        4.2.1    Thin Film Battery
        4.2.2    Printed Battery
        4.2.3    Solid State Chip Battery
    4.3    Global Micro Battery Market Breakup by Type: Historical Market (2017-2021) & Forecast (2022-2027)
        4.3.1    Thin Film Battery
        4.3.2    Printed Battery
        4.3.3    Solid State Chip Battery 
    4.4    Global Micro Battery Market Breakup by Rechargeability
        4.4.1    Primary Battery
        4.4.2    Secondary Battery
    4.5    Global Micro Battery Market Breakup by Rechargeability: Historical Market (2017-2021) & Forecast (2022-2027)
        4.5.1    Primary Battery
        4.5.2    Secondary Battery 
    4.6    Global Micro Battery Market Breakup by Capacity
        4.6.1    Below 10 mAh
        4.6.2    Between 10 mAh to 100 mAh
        4.6.3    Above 100 mAh
    4.7    Global Micro Battery Market Capacity: Historical Market (2017-2021) & Forecast (2022-2027)
        4.7.1    Below 10 mAh
        4.7.2    Between 10 mAh to 100 mAh
        4.7.3    Above 100 mAh
    4.8    Global Micro Battery Market Breakup by Application
        4.8.1    Consumer Electronics
        4.8.2    Medical Devices
        4.8.3    Smart Packaging
        4.8.4    Smart Cards
        4.8.5    Wearable Devices
        4.8.6    Wireless Sensor Nodes
        4.8.7    Others
    4.9    Global Micro Battery Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
        4.9.1    Consumer Electronics
        4.9.2    Medical Devices
        4.9.3    Smart Packaging
        4.9.4    Smart Cards
        4.9.5    Wearable Devices
        4.9.6    Wireless Sensor Nodes
        4.9.7    Others  
    4.10    Global Micro Battery Market Breakup by Components
        4.10.1    Electrodes
        4.10.2    Electrolytes 
        4.10.3    Substrates 
        4.10.4    Current Collectors 
        4.10.5    Others
    4.11    Global Micro Battery Market Breakup by Components: Historical Market (2017-2021) & Forecast (2022-2027)
        4.11.1    Electrodes
        4.11.2    Electrolytes  
        4.11.3    Substrates 
        4.11.4    Current Collectors 
        4.11.5    Others
    4.12    Global Micro Battery Market Breakup by Region
        4.12.1    North America
            4.12.1.1    United States of America
            4.12.1.2    Canada
        4.12.2    Europe
            4.12.2.1    Germany
            4.12.2.2    United Kingdom
            4.12.2.3    France
            4.12.2.4    Italy
            4.12.2.5    Others
        4.12.3    Asia Pacific
            4.12.3.1    China
            4.12.3.2    Japan
            4.12.3.3    India
            4.12.3.4    ASEAN
            4.12.3.5    Others
        4.12.4    Latin America
            4.12.4.1    Brazil
            4.12.4.2    Argentina
            4.12.4.3    Mexico
            4.12.4.4    Others
        4.12.5    Middle East & Africa
            4.12.5.1    Saudi Arabia
            4.12.5.2    United Arab Emirates
            4.12.5.3    Nigeria
            4.12.5.4    South Africa
            4.12.5.5    Others
    4.13     Global Micro Battery Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        4.13.1    North America
            4.13.1.1    United States of America
            4.13.1.2    Canada
        4.13.2    Europe
            4.13.2.1    Germany
            4.13.2.2    United Kingdom
            4.13.2.3    France
            4.13.2.4    Italy
            4.13.2.5    Others
        4.13.3    Asia Pacific
            4.13.3.1    China
            4.13.3.2    Japan
            4.13.3.3    India
            4.13.3.4    ASEAN
            4.13.3.5    Others
        4.13.4    Latin America
            4.13.4.1    Brazil
            4.13.4.2    Argentina
            4.13.4.3    Mexico
            4.13.4.4    Others
        4.13.5    Middle East & Africa
            4.13.5.1    Saudi Arabia
            4.13.5.2    United Arab Emirates
            4.13.5.3    Nigeria
            4.13.5.4    South Africa
            4.13.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Competitive Landscape & Supplier Analysis
    7.1    Cymbet Corporation
    7.2    STMicroelectronics
    7.3    Enfucell Oy
    7.4    SAMSUNG SDI CO., LTD.
    7.5    BrightVolt.
    7.6    Front Edge Technology, Inc.
    7.7    IMPRINT ENERGY
    7.8    Ultralife Corporation
    7.9    Blue Spark Technologies
8    Industry Events and Developments

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 37% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 1191.7 million by 2026.

The major industry drivers are inherent advantages of micro batteries and growth in the adoption of wearable devices.

The key trends in the market are need for compact batteries in medical devices, and the demand for thin and flexible batteries in IoT devices.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Electrodes is the dominant component in the industry.

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 industry are 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 2022-2027, growing at a CAGR of 37%. The market is projected to reach USD 1191.7 million by 2026.

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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