According to the report published by IndustryARC “Flexible Battery Market: By Technology (Thin-film Li-ion, Flexible Lithium Polymer, Printed, Curved & Paper Battery); By Chargeability (Chargeable, Non-Chargeable); By Application (Packaging, Smart Card & Wearable Electronics) & By Region – Forecast(2018 – 2023),”the market is estimated to reach $1.24 billion by 2025
Browse 87 Market Tables, and 35 Figures spread through 188 Pages and go through an in-depth TOC on “Flexible Battery Market”
According to a recent study from IndustryARC, the Flexible Battery market is forecast to reach $1.24 billion by 2025 and is estimated to grow at a CAGR of 42% during 2019-2025. The growth of flexible battery market can be attributed to the commencement of advanced applications in wearable devices and other consumer electronics.
The thin-film battery type is expected to dominate the global flexible battery market between 2019 and 2025. Thin-film batteries are widely used in various applications such as smart cards, wearable devices, medical devices, and smart packaging. The rising trend of miniaturization of batteries and benefits such as low self-discharge rate and low cost of thin film batteries when compared to lithium polymer batteries have increased the demand for thin-film batteries market. Several IoT devices need batteries with high chargeability, power storage capacity, and wireless connectivity. The rising use of IoT in healthcare, advancements in the flexible battery technology, and its introduction in the electronics textile for the printing are anticipated to escalate the growth of this market.
The Asia Pacific was the largest market for flexible battery across the globe in 2018. Advancements in technology and the presence of large OEMs, electronic component manufacturers, and electronic device assemblers in this region is projected to drive the market in the next few years. Ease in the availability of raw materials and competent labor pricing are projected to propel the flexible battery market during the forecast period. North America and Europe held a substantial share of the global flexible battery market in 2018 owing to the growing use of wearable devices in the healthcare sectors and high adoption of advanced technologies in these regions. Ongoing research and development of the flexible battery for the electronics, textile applications are expected to fuel the market in North America and Europe during the forecast period. The high consumption of consumer electronics is another major factor for the growth of flexible battery market in this region.
The Major Players in this Market Include
LG Chem Ltd.
Samsung SDI Co., Ltd.
Flexible Battery manufacturers have utilized mergers and acquisitions as well as product launches as a strategy and enhanced core competencies through additions to product portfolio to gain a foothold in the emerging markets.
The end-user applications covered in the Flexible Battery Market report include:
The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. The competitive landscape for each of the product types is highlighted and market players are profiled.
What can you expect from the report?
The Flexible Battery Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Flexible Battery Market Size by Product Categories & Application
2. Flexible Battery Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Flexible Battery Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. Flexible Battery Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Flexible Battery Market Strategic Analysis
18. Flexible Battery Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Flexible Battery Market Revenue and Volume Analysis
Mr. Venkat Reddy
Contact Sales: +1-614-588-8538 (Ext-101)
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.