Europe Micro Battery Market Forecast to 2030 - Regional Analysis - by Type, Rechargeability, and Application

List of Tables

The Europe micro battery market was valued at US$ 184.61 million in 2022 and is expected to reach US$ 722.45 million by 2030; it is estimated to record a CAGR of 18.6% from 2022 to 2030.

Miniaturization of Consumer Electronics Drives Europe Micro Battery Market

In today's fast-paced world, consumer electronics have become integral to everyone's lives. From smartphones to wearable devices, the demand for smaller and more powerful gadgets continues to rise. As consumer electronics continue to shrink in size, traditional battery technologies struggle to keep up with the demand for compact and long-lasting power sources. Micro batteries, also known as micropower sources, have emerged as a solution to this problem. These tiny energy storage devices offer high energy density in a small form factor, making them ideal for powering the ever-shrinking consumer electronics. In order to meet the demands of miniaturization, the micro battery market has witnessed significant technological advancements. Researchers are exploring new materials and designs to enhance energy storage capacity while reducing the size of these batteries. Nanotechnology, for instance, has played a crucial role in developing micro batteries with higher energy densities and improved cycle life. The applications of micro batteries extend beyond just smartphones and wearable devices. They are also utilized in medical implants, hearing aids, wireless earphones, and even miniature drones. These energy storage solutions are revolutionizing industries and enabling the development of innovative products that were once unimaginable.

Europe Micro Battery Market Overview

The European micro battery market has witnessed substantial expansion in recent times, propelled by the rising need for energy storage among both consumers and businesses. Operating within a fiercely competitive global market, Europe presents a landscape characterized by both prospects and hurdles. In addition, the European Commission, through the European Battery Alliance (EBA), continuously works on recognizing the strategic significance of batteries in Europe's clean and digital transformation, as well as their crucial role as an enabling technology for the automotive sector's competitiveness, the Commission aspires to position Europe as a prominent player in sustainable battery production and utilization on a global scale. Moreover, in December 2023, The European Battery Alliance (EBA 250) enthusiastically embraced the recent injection of US$ 3.8 billion in EU financial stimulus aimed at accelerating the expansion and development of the battery industry. Furthermore, the rise of podcasting and streaming platforms has created a new avenue of demand for microphones. Europe has witnessed a surge in podcast creation and consumption, with individuals and businesses alike embracing this digital medium. Content creators require reliable and high-quality microphones to deliver clear audio, further propelling market growth. Additionally, the integration of microphones with smart devices, such as smartphones and smart speakers, has also contributed to market expansion. The growing popularity of voice-activated assistants and voice-controlled devices has driven the demand for microphones that offer superior voice recognition and audio capture capabilities. Thus, these advancements are propelling the demand for micro batteries to provide reliable and long-lasting power.

Europe Micro Battery Market Revenue and Forecast to 2030 (US$ Million)

Europe Micro Battery Market Segmentation

The Europe micro battery market is segmented based on type, rechargeability, application, and country. Based on type, the Europe micro battery market is categorized into thin film battery, solid state chip battery, and button battery. The button battery segment held the largest market share in 2022.

By rechargeability, the Europe micro battery market is bifurcated into primary battery and secondary battery. The primary battery segment held a larger market share in 2022.

In terms of application, the Europe micro battery market is categorized into consumer electronics, smart packing, medical devices, wireless sensor nodes, and others. The consumer electronics segment held the largest market in 2022.

Based on country, the Europe micro battery market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. Germany dominated the Europe micro battery market share in 2022.

Molex LLC, Murata Manufacturing Co Ltd, Varta AG, Duracell Inc, Renata SA, Maxell Holdings Ltd, Seiko Instruments Inc, Enfucell Flexible Electronics Ltd, and Panasonic Energy Co Ltd are some of the leading companies operating in the Europe micro battery market.

Product Code: BMIRE00030416

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. Europe Micro Battery Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain:

5. Europe 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 - Europe 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. Europe 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. Europe 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. Europe 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. Europe Micro Battery Market - Country Analysis

10.1 Europe
- 10.1.1 Europe Micro Battery Market Overview
- 10.1.2 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Countries
  - 10.1.2.1 France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.1.1 France Micro Battery Market Breakdown by Type
    - 10.1.2.1.2 France Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.1.3 France Micro Battery Market Breakdown by Application
  - 10.1.2.2 Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.2.1 Germany Micro Battery Market Breakdown by Type
    - 10.1.2.2.2 Germany Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.2.3 Germany Micro Battery Market Breakdown by Application
  - 10.1.2.3 UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.3.1 UK Micro Battery Market Breakdown by Type
    - 10.1.2.3.2 UK Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.3.3 UK Micro Battery Market Breakdown by Application
  - 10.1.2.4 Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.4.1 Italy Micro Battery Market Breakdown by Type
    - 10.1.2.4.2 Italy Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.4.3 Italy Micro Battery Market Breakdown by Application
  - 10.1.2.5 Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.5.1 Russia Micro Battery Market Breakdown by Type
    - 10.1.2.5.2 Russia Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.5.3 Russia Micro Battery Market Breakdown by Application
  - 10.1.2.6 Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.6.1 Rest of Europe Micro Battery Market Breakdown by Type
    - 10.1.2.6.2 Rest of Europe Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.6.3 Rest of Europe Micro Battery Market Breakdown by Application

11. Competitive Landscape

11.1 Heat Map Analysis By Key Players

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development

13. Company Profiles

13.1 Molex LLC
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Murata Manufacturing Co Ltd
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Varta AG
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Duracell Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 RENATA SA
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Maxell Holdings, Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Seiko Instruments Inc
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Panasonic Energy Co Ltd
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Enfucell Flexible Electronics Ltd
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments

14. Appendix

14.1 Word Index