Micro Battery Market - By Type, By Material, By Components, By Capacity, By Rechargeability, By End-use Industry, Forecast 2023

Description

List of Tables

Micro Battery Market is estimated to register a CAGR of over 20% during 2023 and 2032, driven by the increasing demand for smaller and more compact electronic devices, such as wearables and medical implants. The miniaturization of electronics need power sources that can fit into constrained spaces, positioning micro batteries as vital element.

In July 2023, Verizon Business introduced its Global IoT Orchestration platform, a solution that encouraged businesses to adopt and centrally manage devices across international borders. As Internet of Things (IoT) applications continue to expand in fields such as smart home devices, industrial sensors, and remote monitoring systems, there will be high demand for small, lightweight, and long-lasting batteries, impelling the industry growth.

The worldwide micro battery market is classified based on type, material, components, capacity, rechargeability, end-use industry & region.

Thin film batteries segment is poised for high demand over the forecast period, attributed to their unique characteristics. The thin and flexible nature of these batteries allows for seamless integration into various applications. Also, the advancements in thin film battery technology have led to improved energy density and performance, addressing the need for efficient power solutions in miniaturized electronic devices.

The electrode segment is slated to witness a notable CAGR through 2032, owing to efficiency, energy density, and lifespan of micro batteries. The preference for electrode materials stems from their influence on the battery's charge/discharge characteristics and stability, ensuring reliable power supply in compact electronic devices. As industries increasingly seek energy solutions for miniaturized applications, the strategic emphasis on electrode components will stimulate the innovations in the market.

Europe micro battery industry will showcase impressive growth trends over 2023-2032. With an increasing emphasis on reducing carbon footprints, there is a heightened demand for micro batteries to power electric vehicles and to store energy from renewable sources. Robust investment in R&D, particularly in novel technologies like smart grids and energy-efficient systems, will bolster the industry expansion in Europe.

Product Code: 6978

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Micro battery market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Component trends
2.5 Material trends
2.6 Type trends
2.7 Capacity trends
2.8 Rechargeability trends
2.9 End-user trends

Chapter 3 Micro Battery Market Industry Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine War
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
- 3.8.1 Partnership/Collaboration
- 3.8.2 Merger/Acquisition
- 3.8.3 Investment
- 3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Advantage of micro batteries over traditional batteries
  - 3.10.1.2 Growing adoption of micro batteries in medical devices
  - 3.10.1.3 Increasing demand of wearable using thin & printed batteries
  - 3.10.1.4 Growing adoption of specialized batteries in IOT applications
  - 3.10.1.5 Rising focus on miniaturization of electronic devices
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Complex battery fabrication process
  - 3.10.2.2 Lack of designing & manufacturing standards for micro batteries
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Cymbet Corporation
- 4.3.2 Maxell Holdings, Ltd.
- 4.3.3 Murata Manufacturing Co., Ltd.
- 4.3.4 Panasonic Corporation
- 4.3.5 TDK Electronics AG,
- 4.3.6 Ultralife Corporation
- 4.3.7 VARTA AG
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Micro Battery Market Estimates & Forecast, By Type (USD Million)

5.1 Key trends, by type
5.2 Thin film batteries
5.3 Printed batteries
5.4 Soli-state chip batteries
5.5 Button batteries

Chapter 6 Micro Battery Market Estimates & Forecast, By Material (USD Million)

6.1 Key trends, by material
6.2 Alkaline
6.3 Silver oxide
6.4 Lithium
6.5 Others

Chapter 7 Micro Battery Market Estimates & Forecast, By Component (USD Million)

7.1 Key trends, by component
7.2 Electrodes
7.3 Electrolytes
7.4 Substrates
7.5 Current collectors
7.6 Others

Chapter 8 Micro Battery Market Estimates & Forecast, By Capacity (USD Million)

8.1 Key trends, by capacity
8.2 Below 10 mAh
8.3 10 to 100 mAh
8.4 Above 100 mAh

Chapter 9 Micro Battery Market Estimates & Forecast, By Rechargeability (USD Million)

9.1 Key trends, by rechargeability
9.2 Primary
9.3 Secondary

Chapter 10 Micro Battery Market Estimates & Forecast, By End-user (USD Million)

10.1 Key trends, by end-user
10.2 Consumer electronics
10.3 Medical devices
10.4 Smart cards
10.5 Smart packaging
10.6 Wireless sensors
10.7 Others

Chapter 11 Micro Battery Market Estimates & Forecast, By Region (USD Million)

11.1 Key trends, by region
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 ANZ
- 11.4.6 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 South Africa
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles

12.1 Blue Spark Technologies
12.2 Cymbet Corporation
12.3 Front Edge Technology, Inc.
12.4 Fullriver Battery
12.5 IMPRINT ENERGY
12.6 Jenax Inc.
12.7 Maxell Holdings, Ltd.
12.8 Murata Manufacturing Co., Ltd.
12.9 NEC Energy Solutions, Inc.,
12.10 Panasonic Corporation
12.11 ProLogium Technology Co., Ltd.
12.12 SAMSUNG
12.13 TDK Electronics AG,
12.14 Ultralife Corporation
12.15 VARTA AG.