Micro Battery Trends and Forecast
The future of the global micro battery market looks promising with opportunities in the consumer electronics, medical devices, smart packaging, smart cards, and wireless sensors markets. The global micro battery market is expected to reach an estimated $1.6 billion by 2030 with a CAGR of 22.0% from 2024 to 2030. The major drivers for this market are growing need for microbatteries for a variety of medical equipment and gadgets, rising adoption of wearable gadgets in developed countries, and adoption of technology connected to the internet.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Micro Battery by Segment
The study includes a forecast for the global micro battery by battery type, type, capacity, application, and region.
Micro Battery Market by Battery Type [Shipment Analysis by Value from 2018 to 2030]:
• Primary
• Secondary
Micro Battery Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Thin Film Batteries
• Printed Batteries
• Solid-state Chip Batteries
• Button Batteries
Micro Battery Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:
• Below 10 mAh
• 10 to 100 mAh
• Above 100 mAh
Micro Battery Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Consumer Electronics
• Medical Devices
• Smart Packaging
• Smart Cards
• Wireless Sensors
• Others
Micro Battery Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Micro Battery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies micro battery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro battery companies profiled in this report include-
• Panasonic Holdings Corporation
• Murata Manufacturing
• TDK Corporation
• Maxell
• VARTA
• Cymbet Corporation
• Enfucell
• Ultralife Corporation
• Molex
• Shenzhen Grepow Battery
Micro Battery Market Insights
Lucintel forecasts that primary is expected to witness highest growth over the forecast period.
Within this market, consumer electronics will remain the largest segment due to growing need for flexible electronic devices and the shrinking of electronic items.
APAC is expected to witness highest growth over the forecast period due to rising demand in nations like China, India, Japan, and South Korea for loT devices and portable consumer electronics.
Features of the Global Micro Battery Market
Market Size Estimates: Micro battery market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Micro battery market by various segments, such as by battery type, type, capacity, application and region in terms of($B).
Regional Analysis: Micro battery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different , battery type, type, capacity, application, and regions for the micro battery market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro battery market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the micro battery market size?
Answer: The global micro battery market is expected to reach an estimated $1.6 billion by 2030.
Q.2 What is the growth forecast for micro battery market?
Answer: The global micro battery market is expected to grow with a CAGR of 22.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the micro battery market?
Answer: The major drivers for this market are growing need for microbatteries for a variety of medical equipment and gadgets, rising adoption of wearable gadgets in developed countries, and adoption of technology connected to the internet.
Q4. What are the major segments for micro battery market?
Answer: The future of the micro battery market looks promising with opportunities in the consumer electronics, medical devices, smart packaging, smart cards, and wireless sensors markets.
Q5. Who are the key micro battery market companies?
Answer: Some of the key micro battery companies are as follows:
• Panasonic Holdings Corporation
• Murata Manufacturing
• TDK Corporation
• Maxell
• VARTA
• Cymbet Corporation
• Enfucell
• Ultralife Corporation
• Molex
• Shenzhen Grepow Battery
Q6. Which micro battery market segment will be the largest in future?
Answer: Lucintel forecasts that primary is expected to witness highest growth over the forecast period.
Q7. In micro battery market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising demand in nations like China, India, Japan, and South Korea for loT devices and portable consumer electronics.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the micro battery market by battery type (primary and secondary), type (thin film batteries, printed batteries, solid-state chip batteries, and button batteries), capacity (below 10 mAh, 10 to 100 mAh, and above 100 mAh), application (consumer electronics, medical devices, smart packaging, smart cards, wireless sensors, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Micro Battery Market, Micro Battery Market Size, Micro Battery Market Growth, Micro Battery Market Analysis, Micro Battery Market Report, Micro Battery Market Share, Micro Battery Market Trends, Micro Battery Market Forecast, Micro Battery Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.