Micro Battery Market

Global Micro Battery Market Size, Trends & Analysis - Forecasts to 2026 By Material (Silver Oxide, Alkaline, Lithium, Others), By Type (Rechargeable, Non-Rechargeable), By Application (Smart Cards, Wireless Sensors, Wearable Devices, Medical Devices, Others), By End-User (Robotics, Automotive, Healthcare, Consumer Electronics, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Competitive Landscape Company Market Share Analysis, and Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on May 9 2022 with the latest and most recent market numbers

Micro Battery Market Insights

The global micro battery market size is projected to grow from USD 134.8 million in 2021 to USD 642.1 million by 2026 at a CAGR value of 32.4%. Micro batteries are characterized by their lightweight and size which ranges between 50 and 250 pm in diameter and 10 to 60 pm in height.

Technological advancements have made various consumer electronics smaller in size and this trend is expected to continue as further research and development are carried out in this industry. The small size of these batteries has seen them being used in various innovations like skin patches, wearable devices, smart cards, medical devices, e-textiles, among other applications. The batteries do not sacrifice efficiency despite their small size and lightweight features which makes them extremely reliable for the electronics industry, especially in the medical devices sector.

Recent innovations in battery technology have resulted in novel micro batteries such as thin flexible batteries, solid state chip battery, and rechargeable thin film battery. The growing adoption of IoT technology is another important factor that has impacted the market positively. The growing adoption of this technology has necessitated the need for small reliable power sources that can power the transmitter in IoT-enabled devices and equipment. The market for wearable electronics has been growing steadily in the last few years, products like Fitbit, smartwatches, medical devices for monitoring health, and other wearable devices are becoming increasingly popular. These devices are reliant on the use of rechargeable batteries for their power sources and are expected to have a positive impact on the micro battery market. The market is restrained by the high cost of initial investment, lack of regulated equipment for manufacturing, and the need for heavy investment in research and development.

The growing wireless sensor market offers lucrative opportunities for growth among micro battery vendors. Sensors are becoming a common component in almost every electronic device, increasing the need for micro batteries to power such remote wireless sensors.

global micro battery market

Micro Battery Market: By Material

Based on the material used to fabricate these batteries, the market can be fragmented into silver oxide, alkaline, lithium, and others segment. The lithium segment grasped a significantly greater share of the revenues than the other segments during the forecast period. Lithium batteries have a wide range of applications in various consumer electrics owing to their low discharge rates and high energy densities.

Micro Battery Market: By Type

Based on the types of battery, the market can be fragmented into rechargeable and non-rechargeable segments. The non-rechargeable segment is envisaged to clutch the dominant share of the market. Non-rechargeable micro batteries are more cost-effective as the batteries have long lives. Rechargeable batteries are foreseen to become the fastest-growing segment compared to the non-rechargeable segment. The growing number of smartwatches, wearable devices, medical devices, and other consumer electronics are expected to increase the demand for rechargeable micro batteries.

Micro Battery Market: By Application

Based on the various applications of micro batteries, the market can be separated into smart cards, wireless sensors, wearable devices, medical devices, and others segments. The smart cards segment has clutched a significant portion of the market revenue. Smart cards have become increasingly popular in various industries due to their security benefits, easy access, and automation capabilities, among other advantages. The growing application of IoT to medical devices and innovations in the field of medical devices for diagnostics is expected to cause the medical devices segment to grow significantly faster than the other applications during the forecast period.

Micro Battery Market: By End-User

Based on the end-users of micro battery devices, the market can be segmented into robotics, automotive, healthcare, consumer electronics, and others. The consumer electronics segment is expected to be the dominant force in the market holding the largest share of the market revenue. Consumer electronics are becoming increasingly smaller each passing year, this has increased the demand for efficient and smaller sources of power. Micro batteries have become a vital part of the consumer electronics industry. The healthcare sector has seen an increase in demand for wearable medical devices and other smaller medical devices. These technological innovations in the healthcare sector are expected to result in the healthcare segment showcasing better growth rates than any other segment.

asia pacific micro battery market

Micro Battery Market: By Region

Based on region, the market can be broken into various regions such as North America, Europe, Central & South America, Middle East & Africa, and Asia Pacific regions. The North American region is expected to be the lead market in terms of market share between 2021 and 2026. The presence of the key players of the electronics and medical devices industry present in the region has been one of the key factors contributing to the dominance of this region.

The Asia Pacific region has been forecasted to have faster growth rates than any other region. The growing consumer electronics industry in the region as manufacturers increase and the demand for consumer electronics increases in the region. The growing per capita income has increased the spending power of consumers in the region. The large population of tech-savvy young adults in the region is also expected to have a positive impact on the growth of the micro batteries market in the region.

Micro Battery Market Share and Competitor Analysis

Samsung SDI, Imprint Energy, EVE Energy, Varta AG, Murata Manufacturing, Zpower, FDK, EVE Energy, Cymbet, Front Edge Technology, Enfucell, Power Paper, Stmicroelectronics, Ultralife, Brightvolt, Duracell, Chung Pak Battery, Renata Batteries, Maxell, Seiko Instruments Inc., Panasonic, Energizer, GP Batteries, and Toshiba, among others, are the key players in the micro battery market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Methodology

1.1    Market Scope & Definitions

1.2    Estimates & Forecast Calculation

1.3    Historical Data Overview and Validation

1.4    Data Sources

1.4.1    Secondary

1.4.2    Primary

Chapter 2   Report Outlook

2.1    Micro Battery Industry Overview, 2020-2026

2.1.1    Industry Overview

2.1.2    Type Overview

2.1.3    Application Overview

2.1.4    End-User Overview

2.1.5    Materials Overview

2.1.6    Regional Overview

Chapter 3   Micro Battery Market Trends

3.1    Market Segmentation

3.2    Industry Background, 2020-2026

3.3    Market Key Trends

3.3.1    Positive Trends

3.3.1.1    Technological advancements in the consumer electronics industry

3.3.2    Industry Challenges

3.3.2.1    Lack of standardized manufacturing equipment in developing nations

3.4    Prospective Growth Scenario

3.4.1    Type Growth Scenario

3.4.2    Application Growth Scenario

3.4.3    End-User Growth Scenario

3.4.4    Materials Growth Scenario

3.5    COVID-19 Influence over Industry Growth

3.6    Porter’s Analysis

3.7    PESTEL Analysis

3.8    Value Chain & Supply Chain Analysis

3.9    Regulatory Framework

3.9.1    North America

3.9.2    Europe

3.9.3    APAC

3.9.4    LATAM

3.9.5    MEA

3.10    Materials Overview

3.11    Market Share Analysis, 2020

3.11.1    Company Positioning Overview, 2020

Chapter 4   Micro Battery Market, By Type

4.1    Type Outlook

4.2    Rechargeable

4.2.1    Market Size, By Region, 2020-2026 (USD Million)

4.3    Non-Rechargeable

4.3.1    Market Size, By Region, 2020-2026 (USD Million)

Chapter 5   Micro Battery Market, By End-User

5.1    End-User Outlook

5.2    Healthcare

5.2.1    Market Size, By Region, 2020-2026 (USD Million)

5.3    Automotive

5.3.1    Market Size, By Region, 2020-2026 (USD Million)

5.4    Consumer Electronics

5.4.1    Market Size, By Region, 2020-2026 (USD Million)

5.5    Robotics

5.5.1    Market Size, By Region, 2020-2026 (USD Million)

5.6    Others

5.6.1    Market Size, By Region, 2020-2026 (USD Million)

Chapter 6   Micro Battery Market, By Application

6.1    Smart Cards

6.1.1    Market Size, By Region, 2020-2026 (USD Million)

6.2    Wireless Sensors

6.2.1    Market Size, By Region, 2020-2026 (USD Million)

6.2    Wearable Devices

6.2.1    Market Size, By Region, 2020-2026 (USD Million)

6.2    Medical Devices

6.2.1    Market Size, By Region, 2020-2026 (USD Million)

6.5    Others

6.5.1    Market Size, By Region, 2020-2026 (USD Million)

Chapter 7   Micro Battery Market, By Materials

7.1    Alkaline

7.1.1    Market Size, By Region, 2020-2026 (USD Million)

7.2    Silver Oxide

7.2.1    Market Size, By Region, 2020-2026 (USD Million)

7.3    Lithium

7.3.1    Market Size, By Region, 2020-2026 (USD Million)

7.4    Others

7.4.1    Market Size, By Region, 2020-2026 (USD Million)

Chapter 8   Micro Battery Market, By Region

8.1    Regional outlook

8.2    North America

8.2.1    Market Size, By Country 2020-2026 (USD Million)

8.2.2    Market Size, By Type, 2020-2026 (USD Million)

8.2.3    Market Size, By Application, 2020-2026 (USD Million)

8.2.4    Market Size, By End-User, 2020-2026 (USD Million)

8.2.5    Market Size, By Materials, 2020-2026 (USD Million)

8.2.6    U.S.

8.2.6.1    Market Size, By Type, 2020-2026 (USD Million)

8.2.4.2    Market Size, By Application, 2020-2026 (USD Million)

8.2.4.3    Market Size, By End-User, 2020-2026 (USD Million)

Market Size, By Materials, 2020-2026 (USD Million)

8.2.7    Canada

8.2.7.1    Market Size, By Type, 2020-2026 (USD Million)

8.2.7.2    Market Size, By Application, 2020-2026 (USD Million)

8.2.7.3    Market Size, By End-User, 2020-2026 (USD Million)

8.2.7.4    Market Size, By Materials, 2020-2026 (USD Million)

8.3    Europe

8.3.1    Market Size, By Country 2020-2026 (USD Million)

8.3.2    Market Size, By Type, 2020-2026 (USD Million)

8.3.3    Market Size, By Application, 2020-2026 (USD Million)

8.3.4    Market Size, By End-User, 2020-2026 (USD Million)

8.3.5    Market Size, By Materials, 2020-2026 (USD Million)

8.3.6    Germany

8.3.6.1    Market Size, By Type, 2020-2026 (USD Million)

8.3.6.2    Market Size, By Application, 2020-2026 (USD Million)

8.3.6.3    Market Size, By End-User, 2020-2026 (USD Million)

8.3.6.4    Market Size, By Materials, 2020-2026 (USD Million)

8.3.7    UK

8.3.7.1    Market Size, By Type, 2020-2026 (USD Million)

8.3.7.2    Market Size, By Application, 2020-2026 (USD Million)

8.3.7.3    Market Size, By End-User, 2020-2026 (USD Million)

8.3.7.4    Market Size, By Materials, 2020-2026 (USD Million)

8.3.8    France

8.3.8.1    Market Size, By Type, 2020-2026 (USD Million)

8.3.8.2    Market Size, By Application, 2020-2026 (USD Million)

8.3.8.3    Market Size, By End-User, 2020-2026 (USD Million)

8.3.8.4    Market Size, By Materials, 2020-2026 (USD Million)

8.3.9    Italy

8.3.9.1    Market Size, By Type, 2020-2026 (USD Million)

8.3.9.2    Market Size, By Application, 2020-2026 (USD Million)

8.3.9.3    Market Size, By End-User, 2020-2026 (USD Million)

8.3.9.4    Market Size, By Materials, 2020-2026 (USD Million)

8.3.10    Spain

8.3.10.1    Market Size, By Type, 2020-2026 (USD Million)

8.3.10.2    Market Size, By Application, 2020-2026 (USD Million)

8.3.10.3    Market Size, By End-User, 2020-2026 (USD Million)

8.3.10.4    Market Size, By Materials, 2020-2026 (USD Million)

8.3.11    Russia

8.3.11.1    Market Size, By Type, 2020-2026 (USD Million)

8.3.11.2    Market Size, By Application, 2020-2026 (USD Million)

8.3.11.3    Market Size, By End-User, 2020-2026 (USD Million)

8.3.11.4    Market Size, By Materials, 2020-2026 (USD Million)

8.4    Asia Pacific

8.4.1    Market Size, By Country 2020-2026 (USD Million)

8.4.2    Market Size, By Type, 2020-2026 (USD Million)

8.4.3    Market Size, By Application, 2020-2026 (USD Million)

8.4.4    Market Size, By End-User, 2020-2026 (USD Million)

8.4.5   Market Size, By Materials, 2020-2026 (USD Million)

8.4.6    China

8.4.6.1    Market Size, By Type, 2020-2026 (USD Million)

8.4.6.2    Market Size, By Application, 2020-2026 (USD Million)

8.4.6.3    Market Size, By End-User, 2020-2026 (USD Million)

8.4.6.4    Market Size, By Materials, 2020-2026 (USD Million)

8.4.7    India

8.4.7.1    Market Size, By Type, 2020-2026 (USD Million)

8.4.7.2    Market Size, By Application, 2020-2026 (USD Million)

8.4.7.3    Market Size, By End-User, 2020-2026 (USD Million)

8.4.7.4    Market Size, By Materials, 2020-2026 (USD Million)

8.4.8    Japan

8.4.8.1    Market Size, By Type, 2020-2026 (USD Million)

8.4.8.2    Market Size, By Application, 2020-2026 (USD Million)

8.4.8.3    Market Size, By End-User, 2020-2026 (USD Million)

8.4.8.4    Market Size, By Materials, 2020-2026 (USD Million)

8.4.9    Australia

8.4.9.1    Market Size, By Type, 2020-2026 (USD Million)

8.4.9.2    Market size, By Application, 2020-2026 (USD Million)

8.4.9.3    Market Size, By End-User, 2020-2026 (USD Million)

8.4.9.4    Market Size, By Materials, 2020-2026 (USD Million)

8.4.10    South Korea

8.4.10.1    Market Size, By Type, 2020-2026 (USD Million)

8.4.10.2    Market Size, By Application, 2020-2026 (USD Million)

8.4.10.3    Market Size, By End-User, 2020-2026 (USD Million)

8.4.10.4    Market Size, By Materials, 2020-2026 (USD Million)

8.5    Latin America

8.5.1    Market Size, By Country 2020-2026 (USD Million)

8.5.2    Market Size, By Type, 2020-2026 (USD Million)

8.5.3    Market Size, By Application, 2020-2026 (USD Million)

8.5.4   Market Size, By End-User, 2020-2026 (USD Million)

8.5.5   Market Size, By Materials, 2020-2026 (USD Million)

8.5.6    Brazil

8.5.6.1    Market Size, By Type, 2020-2026 (USD Million)

8.5.6.2    Market Size, By Application, 2020-2026 (USD Million)

8.5.6.3    Market Size, By End-User, 2020-2026 (USD Million)

8.5.6.4    Market Size, By Materials, 2020-2026 (USD Million)

8.5.7    Mexico

8.5.7.1    Market Size, By Type, 2020-2026 (USD Million)

8.5.7.2    Market Size, By Application, 2020-2026 (USD Million)

8.5.7.3    Market Size, By End-User, 2020-2026 (USD Million)

8.5.7.4    Market Size, By Materials, 2020-2026 (USD Million)

8.5.8    Argentina

8.5.8.1    Market Size, By Type, 2020-2026 (USD Million)

8.5.8.2    Market Size, By Application, 2020-2026 (USD Million)

8.5.8.3    Market Size, By End-User, 2020-2026 (USD Million)

8.5.8.4    Market Size, By Materials, 2020-2026 (USD Million)

8.6    MEA

8.6.1    Market Size, By Country 2020-2026 (USD Million)

8.6.2    Market Size, By Type, 2020-2026 (USD Million)

8.6.3    Market Size, By Application, 2020-2026 (USD Million)

8.6.4    Market Size, By End-User, 2020-2026 (USD Million)

8.6.5    Market Size, By Materials, 2020-2026 (USD Million)

8.6.6    Saudi Arabia

8.6.6.1    Market Size, By Type, 2020-2026 (USD Million)

8.6.6.2    Market Size, By Application, 2020-2026 (USD Million)

8.6.6.3   Market Size, By End-User, 2020-2026 (USD Million)

8.6.6.4   Market Size, By Materials, 2020-2026 (USD Million)

8.6.7    UAE

8.6.7.1    Market Size, By Type, 2020-2026 (USD Million)

8.6.7.2    Market Size, By Application, 2020-2026 (USD Million)

8.6.7.3    Market Size, By End-User, 2020-2026 (USD Million)

8.6.7.4    Market Size, By Materials, 2020-2026 (USD Million)

8.6.8    South Africa

8.6.8.1    Market Size, By Type, 2020-2026 (USD Million)

8.6.8.2    Market Size, By Application, 2020-2026 (USD Million)

8.6.8.3    Market Size, By End-User, 2020-2026 (USD Million)

8.6.8.4    Market Size, By Materials, 2020-2026 (USD Million)

Chapter 9   Company Landscape

9.1    Competitive Analysis, 2020

9.2    Energizer

9.2.1    Company Overview

9.2.2    Financial Analysis

9.2.3    Strategic Positioning

9.2.4    Info Graphic Analysis

9.3    Duracell

9.3.1    Company Overview

9.3.2    Financial Analysis

9.3.3    Strategic Positioning

9.3.4    Info Graphic Analysis

9.4    Varta AG

9.4.1    Company Overview

9.4.2    Financial Analysis

9.4.3    Strategic Positioning

9.4.4    Info Graphic Analysis

9.5    Renata Batteries

9.5.1    Company Overview

9.5.2    Financial Analysis

9.5.3    Strategic Positioning

9.5.4    Info Graphic Analysis

9.6    Seiko Instruments Inc.

9.6.1    Company Overview

9.6.2    Financial Analysis

9.6.3    Strategic Positioning

9.6.4    Info Graphic Analysis

9.7    Panasonic

9.7.1    Company Overview

9.7.2    Financial Analysis

9.7.3    Strategic Positioning

9.7.4    Info Graphic Analysis

9.8    Toshiba

9.8.1    Company Overview

9.8.2    Financial Analysis

9.8.3    Strategic Positioning

9.8.4    Info Graphic Analysis

9.9    Samsung SDI

9.9.1    Company Overview

9.9.2    Financial Analysis

9.9.3    Strategic Positioning

9.9.4    Info Graphic Analysis

9.10    Murata Manufacturing

9.10.1    Company Overview

9.10.2    Financial Analysis

9.10.3    Strategic Positioning

9.10.4    Info Graphic Analysis

9.11    Other Companies

9.11.1    Company Overview

9.11.2    Financial Analysis

9.11.3    Strategic Positioning

9.11.4    Info Graphic Analysis

The Global Micro Battery Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Micro Battery Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy

Frequently Asked Questions

The global micro battery market size is projected to grow from USD 134.8 million in 2021 to USD 642.1 million by 2026 at a CAGR value of 32.4%.
Key and innovative vendors in the micro battery market include Front Edge Technology, Enfucell, Power Paper, Stmicroelectronics, Ultralife, Brightvolt, Duracell, Chung Pak Battery, Renata Batteries, Maxell, Seiko Instruments Inc., Panasonic, and Energizer.
North America is estimated to hold the highest market share in the micro battery market.
The Covid-19 pandemic has caused disruptions in the working of manufacturing industries, and has caused delay in raw materials procurement, and delayed product launch strategies in consumer electronic segment. The impact felt by consumer electronics will also negatively impact the growth of the micro battery market.
The major driving factors for the micro battery market are the growing number of consumer electronics that use micro batteries. Medical devices such as hearing aids, pacemakers, surgical tools, among others make use of micro batteries. The growing research and development in making wearable consumer electronics is also expected to positively impact the growth of the micro battery market.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius