Global
Flexible Battery Market, By Type (Thin-Film Battery, Printed Battery,
Curved Battery, Other Types), Chargeability (Rechargeable Battery, Single-Use
Battery), Application (Smart Packaging, Smart Cards, Wearable Devices, Medical Devices, Consumer
Electronics, Entertainment, Wireless Communication, Other Applications), Geographical
Segments (North America, South America, Europe, Asia-Pacific, Middle East and
Africa) - Forecast to 2025
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Market Analysis:
The Global Flexible Battery Market is expected to reach USD 148.38
million by 2025 from USD 3065.03 million in 2017 and is projected to grow at a
CAGR of 46.01% in the forecast period of 2018 to 2025. The upcoming market
report contains data for historic years 2016, the base year of calculation is
2017 and the forecast period is 2018 to 2025.
Market Definition:
Global Flexible Battery Market
Flexible Batteries are light in weight and increasingly used
in products which have limited internal space. It can be used as power source
for curved surface devices as flexible batteries and are thin and bendable.
These types of batteries are mostly eco-friendly and have low impact on
environment. There are many companies which are going to use flexible batteries
for the foldable smartphones Flexible batteries have wide application in
consumer electronics, wireless communication, medical devices, smart packaging
and other. According to Packaging SA South, in 2015, Africa consumed around 3.5
million tonnes of all packaging material, out of which 57% was used for
recycling and other purpose. As per Statista, the European electronics consumer
market is expected to account to USD 59,456 million in 2018 and it is estimated
to grow by 78,903 million by 2020. Thus, it shows that the electronics and
packaging market is growing and will derive the demand of flexible batteries.
Drivers and
Restraints:
·
Rising demand for wearable electronics
·
increasing demand for thin and flexible
batteries in electronic devices
·
Fabrication of flexible lithium ion batteries
·
Lack of standardization in the development of
flexible batteries
Market Segmentation:
Based on type:
·
Chargeability
·
Application Segments
Based on type:
·
Thin-Film Battery
·
Printed Battery
·
Curved Battery
·
Other Types
Based on
chargeability:
·
Rechargeable Battery
·
Single-Use Battery
Based on application:
·
Smart Packaging
·
Smart Cards
·
Wearable Devices
·
Medical Devices
·
Consumer Electronics
·
Entertainment
·
Wireless Communication
·
Other Applications
Based on geography:
·
North America
·
South America
·
Europe
·
Asia-Pacific
·
Middle East & Africa
Some of the major countries covered in this report are U.S.,
Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China,
India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and
Brazil among others.
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Competitive Analysis:
Global Flexible Battery Market
The global flexible battery is fragmented and the major
players have used various strategies such as new product launches, expansions,
agreements, joint ventures, partnerships, acquisitions, and others to increase
their footprints in this market in order to sustain in long run. The report
includes market shares of flexible battery market for global, Europe, North
America, Asia Pacific and South America.
In 2018, Huawei Company is aiming to launch its first
foldable smartphone in 2019 which requires flexible screen, parts and flexible
battery for the manufacturing of it products.
Key Players: Global
Flexible Battery Market
The renowned players in flexible
battery market are –
·
Apple Inc.,
·
Nokia Technologies,
·
Front Edge Technology, Inc,
·
STMicroelectronics,
·
LG Chem Ltd.,
·
Samsung SDI Co., Ltd.,
·
Stmicroelectronics N.V.,
·
Enfucell OY Ltd.,
·
Ultralife Corp.,
·
Blue Spark Technologies, Inc.,
·
Brightvolt Inc.,
·
Panasonic Corp.,
·
NEC Energy Solutions Inc.,
·
Blue Spark Technologies, Inc.,
·
LG ChemLtd.,
·
Fullriver Battery New Technology Co Ltd.,
·
Among others
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