Micro Battery Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, Rechargeability, Application, and Geography

Description

List of Tables

The micro battery market size was valued at US$ 773.72 million in 2022, and it is estimated to reach US$ 3,228.80 million by 2030. The micro battery market is estimated to record a CAGR of 19.6% from 2022 to 2030.

In Asia Pacific, China is the largest manufacturer of consumer electronic devices. According to Nikkei Inc., the Chinese government is working on various plans to expand the country's domestic electronic market by investing US$ 327 billion till 2023. In addition, the Indian government is expanding the electronics market in the country. According to the Ministry of Electronics & IT, initiatives by the Indian government and efforts of the industry have led to the domestic production of electronic goods with revenue of US$ 74.7 billion in 2020 and a CAGR of 17.9%. A few government policies for electronics manufacturing include the Production Linked Incentive (PLI) Schemes, the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), and the Modified Electronics Manufacturing Cluster (EMC 2.0) Scheme. Furthermore, the electronics sector in Asia Pacific accounts for 20-50% of Asia's total value of exports. As Asia Pacific is the largest electronic manufacturer, the demand for micro batteries will rise across the region during the forecast period. Thus, the growing manufacturing industry fosters the micro battery market growth in the region.

Based on application, the micro battery market is segmented into consumer electronics, smart packing, medical devices, wireless sensor nodes, others. The consumer electronics segment held the largest share in the market in 2022. Micro batteries are the tiny powerhouses that keep many essential consumers electronics functioning. Micro batteries have common uses in consumer electronics, including wearables and remote controls. The low-power draw of these devices makes micro batteries a perfect fit. Beyond these common applications, micro batteries are also finding their way into new and innovative consumer electronics. For example, they are used in wearables, smart home devices, and others. Numerous applications of micro battery are boosting the micro battery market growth.

Micro batteries are increasingly crucial in powering a wide range of medical devices, from tiny implantable sensors to portable diagnostic tools. Their small size, long shelf life, and reliable performance make them ideal for applications where traditional batteries are too bulky or impractical. Micro batteries are used in medical devices in several ways, such as Implantable sensors and drug delivery devices. Micro batteries can power pumps that deliver medication directly to the site of action. This can be more effective and less invasive than traditional methods of drug delivery, such as pills and injections and portable diagnostic tools. Moreover, micro batteries are commonly used to power hearing aids. Their small size and long shelf life make them ideal for this application. Micro batteries have a vast potential in medical devices. All such factors are boosting the growth of market in the healthcare sector.

Molex LLC, Murata Manufacturing Co Ltd, Varta AG, Duracell Inc, Renata Sa, Maxell Holdings, Ltd, Seiko Instruments Inc, Riot Energy Inc, Panasonic Energy Co Ltd, and Enfucell Flexible Electronics Ltd are among the key micro battery market players that are profiled in this market study. These micro battery market players are focused on continuous product development and innovation.

The overall micro battery market analysis has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the micro battery market analysis. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the micro battery market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the micro battery market.
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The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the micro battery market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
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Product Code: TIPRE00008433

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Micro Battery Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain:

5. Micro Battery Market - Key Industry Dynamics

5.1 Drivers
- 5.1.1 Increase in Demand for Wearable Devices
- 5.1.2 Miniaturization of Consumer Electronics
- 5.1.3 Advantages of Micro Batteries
5.2 Restraints
- 5.2.1 Need for Large Investments
- 5.2.2 Limited Energy Storage Capacity
5.3 Opportunities
- 5.3.1 Advancements in IoT Devices
- 5.3.2 Expansion in Healthcare industry
5.4 Trends
- 5.4.1 Increasing Focus on Sustainability
5.5 Impact of Drivers and Restraints:

6. Micro Battery Market - Global Market Analysis

6.1 Micro Battery Market Overview
6.2 Micro Battery Market Revenue (US$ Million), 2022 - 2030
6.3 Micro Battery Market Forecast and Analysis

7. Micro Battery Market Analysis - Type

7.1 Button Battery
- 7.1.1 Overview
- 7.1.2 Button Battery Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Thin Film Battery
- 7.2.1 Overview
- 7.2.2 Thin Film Battery Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Solid State Chip Battery
- 7.3.1 Overview
- 7.3.2 Solid State Chip Battery Market Revenue and Forecasts To 2030 (US$ Million)

8. Micro Battery Market Analysis - Rechargeability

8.1 Primary Battery
- 8.1.1 Overview
- 8.1.2 Primary Battery Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Secondary Battery
- 8.2.1 Overview
- 8.2.2 Secondary Battery Market Revenue and Forecasts To 2030 (US$ Million)

9. Micro Battery Market Analysis - Application

9.1 Consumer Electronics
- 9.1.1 Overview
- 9.1.2 Consumer Electronics Revenue and Forecasts To 2030 (US$ Million)
9.2 Medical Devices
- 9.2.1 Overview
- 9.2.2 Medical Devices Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Smart Packing
- 9.3.1 Overview
- 9.3.2 Smart Packing Market Revenue and Forecasts To 2030 (US$ Million)
9.4 Wireless Sensor Nodes
- 9.4.1 Overview
- 9.4.2 Wireless Sensor Nodes Market Revenue and Forecasts To 2030 (US$ Million)
9.5 Others
- 9.5.1 Overview
- 9.5.2 Others Market Revenue and Forecasts To 2030 (US$ Million)

10. Micro Battery Market - Geographical Analysis

10.1 North America
- 10.1.1 North America Micro Battery Market Overview
- 10.1.2 North America Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.1.3 North America Micro Battery Market Breakdown by Type
  - 10.1.3.1 North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) - By Type
- 10.1.4 North America Micro Battery Market Breakdown by Rechargeability
  - 10.1.4.1 North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) - By Rechargeability
- 10.1.5 North America Micro Battery Market Breakdown by Application
  - 10.1.5.1 North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) - By Application
- 10.1.6 North America Micro Battery Market Revenue and Forecasts and Analysis - By Countries
  - 10.1.6.1 US Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.6.1.1 US Micro Battery Market Breakdown by Type
    - 10.1.6.1.2 US Micro Battery Market Breakdown by Rechargeability
    - 10.1.6.1.3 US Micro Battery Market Breakdown by Application
  - 10.1.6.2 Canada Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.6.2.1 Canada Micro Battery Market Breakdown by Type
    - 10.1.6.2.2 Canada Micro Battery Market Breakdown by Rechargeability
    - 10.1.6.2.3 Canada Micro Battery Market Breakdown by Application
  - 10.1.6.3 Mexico Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.6.3.1 Mexico Micro Battery Market Breakdown by Type
    - 10.1.6.3.2 Mexico Micro Battery Market Breakdown by Rechargeability
    - 10.1.6.3.3 Mexico Micro Battery Market Breakdown by Application
10.2 Europe
- 10.2.1 Europe Micro Battery Market Overview
- 10.2.2 Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.2.3 Europe Micro Battery Market Breakdown by Type
  - 10.2.3.1 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Type
- 10.2.4 Europe Micro Battery Market Breakdown by Rechargeability
  - 10.2.4.1 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Rechargeability
- 10.2.5 Europe Micro Battery Market Breakdown by Application
  - 10.2.5.1 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Application
- 10.2.6 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Countries
  - 10.2.6.1 France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.2.6.1.1 France Micro Battery Market Breakdown by Type
    - 10.2.6.1.2 France Micro Battery Market Breakdown by Rechargeability
    - 10.2.6.1.3 France Micro Battery Market Breakdown by Application
  - 10.2.6.2 Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.2.6.2.1 Germany Micro Battery Market Breakdown by Type
    - 10.2.6.2.2 Germany Micro Battery Market Breakdown by Rechargeability
    - 10.2.6.2.3 Germany Micro Battery Market Breakdown by Application
  - 10.2.6.3 UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.2.6.3.1 UK Micro Battery Market Breakdown by Type
    - 10.2.6.3.2 UK Micro Battery Market Breakdown by Rechargeability
    - 10.2.6.3.3 UK Micro Battery Market Breakdown by Application
  - 10.2.6.4 Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.2.6.4.1 Italy Micro Battery Market Breakdown by Type
    - 10.2.6.4.2 Italy Micro Battery Market Breakdown by Rechargeability
    - 10.2.6.4.3 Italy Micro Battery Market Breakdown by Application
  - 10.2.6.5 Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.2.6.5.1 Russia Micro Battery Market Breakdown by Type
    - 10.2.6.5.2 Russia Micro Battery Market Breakdown by Rechargeability
    - 10.2.6.5.3 Russia Micro Battery Market Breakdown by Application
  - 10.2.6.6 Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.2.6.6.1 Rest of Europe Micro Battery Market Breakdown by Type
    - 10.2.6.6.2 Rest of Europe Micro Battery Market Breakdown by Rechargeability
    - 10.2.6.6.3 Rest of Europe Micro Battery Market Breakdown by Application
10.3 Asia Pacific Micro Battery Market
- 10.3.1 Overview
- 10.3.2 Asia Pacific Micro Battery Market Revenue and Forecasts To 2030 (US$ Million)
- 10.3.3 Asia Pacific Micro Battery Market Breakdown by Type
  - 10.3.3.1 Asia Pacific Micro Battery Market Revenue and Forecasts and Analysis - By Type
- 10.3.4 Asia Pacific Micro Battery Market Breakdown by Rechargeability
  - 10.3.4.1 Asia Pacific Micro Battery Market Revenue and Forecasts and Analysis - By Rechargeability
- 10.3.5 Asia Pacific Micro Battery Market Breakdown by Application
  - 10.3.5.1 Asia Pacific Micro Battery Market Revenue and Forecasts and Analysis - By Application
- 10.3.6 Micro battery market Breakdown by Countries
  - 10.3.6.1 Australia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.3.6.1.1 Australia Micro Battery Market Breakdown by Type
    - 10.3.6.1.2 Australia Micro Battery Market Breakdown by Rechargeability
    - 10.3.6.1.3 Australia Micro Battery Market Breakdown by Application
  - 10.3.6.2 China Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.3.6.2.1 China Micro Battery Market Breakdown by Type
    - 10.3.6.2.2 China Micro Battery Market Breakdown by Rechargeability
    - 10.3.6.2.3 China Micro Battery Market Breakdown by Application
  - 10.3.6.3 India Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.3.6.3.1 India Micro Battery Market Breakdown by Type
    - 10.3.6.3.2 India Micro Battery Market Breakdown by Rechargeability
    - 10.3.6.3.3 India Micro Battery Market Breakdown by Application
  - 10.3.6.4 Japan Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.3.6.4.1 Japan Micro Battery Market Breakdown by Type
    - 10.3.6.4.2 Japan Micro Battery Market Breakdown by Rechargeability
    - 10.3.6.4.3 Japan Micro Battery Market Breakdown by Application
  - 10.3.6.5 South Korea Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.3.6.5.1 South Korea Micro Battery Market Breakdown by Type
    - 10.3.6.5.2 South Korea Micro Battery Market Breakdown by Rechargeability
    - 10.3.6.5.3 South Korea Micro Battery Market Breakdown by Application
  - 10.3.6.6 Rest of Asia Pacific Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.3.6.6.1 Rest of Asia Pacific Micro Battery Market Breakdown by Type
    - 10.3.6.6.2 Rest of Asia Pacific Micro Battery Market Breakdown by Rechargeability
    - 10.3.6.6.3 Rest of Asia Pacific Micro Battery Market Breakdown by Application
10.4 Middle East & Africa
- 10.4.1 Middle East & Africa Micro Battery Market Overview
- 10.4.2 Middle East & Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Million)
- 10.4.3 Middle East & Africa Micro Battery Market Breakdown by Type
  - 10.4.3.1 Middle East & Africa Micro Battery Market and Forecasts and Analysis - By Type
- 10.4.4 Middle East & Africa Micro Battery Market Breakdown by Rechargeability
  - 10.4.4.1 Middle East & Africa Micro Battery Market and Forecasts and Analysis - By Rechargeability
- 10.4.5 Middle East & Africa Micro Battery Market Breakdown by Application
  - 10.4.5.1 Middle East & Africa Micro Battery Market and Forecasts and Analysis - By Application
- 10.4.6 Middle East & Africa Micro Battery Market Revenue and Forecasts and Analysis - By Countries
  - 10.4.6.1 South Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.4.6.1.1 South Africa Micro Battery Market Breakdown by Type
    - 10.4.6.1.2 South Africa Micro Battery Market Breakdown by Rechargeability
    - 10.4.6.1.3 South Africa Micro Battery Market Breakdown by Application
  - 10.4.6.2 Saudi Arabia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.4.6.2.1 Saudi Arabia Micro Battery Market Breakdown by Type
    - 10.4.6.2.2 Saudi Arabia Micro Battery Market Breakdown by Rechargeability
    - 10.4.6.2.3 Saudi Arabia Micro Battery Market Breakdown by Application
  - 10.4.6.3 UAE Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.4.6.3.1 UAE Micro Battery Market Breakdown by Type
    - 10.4.6.3.2 UAE Micro Battery Market Breakdown by Rechargeability
    - 10.4.6.3.3 UAE Micro Battery Market Breakdown by Application
  - 10.4.6.4 Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.4.6.4.1 Rest of Middle East & Africa Micro Battery Market Breakdown by Type
    - 10.4.6.4.2 Rest of Middle East & Africa Micro Battery Market Breakdown by Rechargeability
    - 10.4.6.4.3 Rest of Middle East & Africa Micro Battery Market Breakdown by Application
10.5 South & Central America
- 10.5.1 South & Central America Micro Battery Market Overview
- 10.5.2 South & Central America Micro Battery Market Revenue and Forecasts to 2030 (US$ Million)
- 10.5.3 South & Central America Micro Battery Market Breakdown by Type
  - 10.5.3.1 South & Central America Micro Battery Market and Forecasts and Analysis - By Type
- 10.5.4 South & Central America Micro Battery Market Breakdown by Rechargeability
  - 10.5.4.1 South & Central America Micro Battery Market Revenue and Forecasts and Analysis - By Rechargeability
- 10.5.5 South & Central America Micro Battery Market Breakdown by Application
  - 10.5.5.1 South & Central America Micro Battery Market Revenue and Forecasts and Analysis - By Application
- 10.5.6 South & Central America Micro Battery Market Revenue and Forecasts and Analysis - By Countries
  - 10.5.6.1 Brazil Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.5.6.1.1 Brazil Micro Battery Market Breakdown by Type
    - 10.5.6.1.2 Brazil Micro Battery Market Breakdown by Rechargeability
    - 10.5.6.1.3 Brazil Micro Battery Market Breakdown by Application
  - 10.5.6.2 Argentina Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.5.6.2.1 Argentina Micro Battery Market Breakdown by Type
    - 10.5.6.2.2 Argentina Micro Battery Market Breakdown by Rechargeability
    - 10.5.6.2.3 Argentina Micro Battery Market Breakdown by Application
  - 10.5.6.3 Rest of South & Central America Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.5.6.3.1 Rest of South & Central America Micro Battery Market Breakdown by Type
    - 10.5.6.3.2 Rest of South & Central America Micro Battery Market Breakdown by Rechargeability
    - 10.5.6.3.3 Rest of South & Central America Micro Battery Market Breakdown by Application

11. Micro Battery Market - Impact of COVID-19 Pandemic

11.1 Pre & Post Covid-19 Impact

12. Competitive Landscape

12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 New Product Development

14. Company Profiles

14.1 Molex LLC
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Murata Manufacturing Co Ltd
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Varta AG
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Duracell Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
  - 14.4.5.1 Key Developments
14.5 RENATA SA
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Maxell Holdings, Ltd
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Seiko Instruments Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Riot Energy Inc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Panasonic Energy Co Ltd
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Enfucell Flexible Electronics Ltd
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments

15. Appendix

15.1 Word Index