Flexible Battery Market by Component (Electrodes, Electrolytes), by Materials (Lithium Polymer, Zinc), by Voltage Type (Below 1.5V, 1.5V and 3V), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2020 to 2027)

Flexible Battery Market - Global Industry Analysis and Forecast 2020 to 2027

Flexible Battery Market: Summary

The Global Flexible Battery Market is projected to reach a value of over USD 380.2 million by 2027 at a CAGR of around 26.5%.

Flexible battery refers to a batteries which designed conformal as well as flexible unlike standard rigid ones. It benefits with light weight, flexibility, high power and portable device which can be easily implement into the product such as wearable electronics and flexible devices. Whereas, these devices can be used for portable medical devices during the Covid-19 which can help the market to boost its efficiency.

Hence, these battery can be implemented to a various range of devices which require energy storage and can be used in both connected and wearable devices. These trend will lead to improve the growth of the market in the forecast period.

Flexible Battery Market

Flexible Battery Market: Drivers & Restraints

Market Driver:

  • Rising Demand for IoT Devices

With the rising demand for Internet of things (IoT) devices is a key driver in the growth of medical sector in the forecast period. Also it being used in medical industries for designing and flexible battery to enhance the power and for smart patches. However, the advance version of delivery system of drug, pacemakers, disposable devices, biosensors and medical sensor are using flexible and advance power device. Moreover,  the wireless communication applications is adoption the new emerging technologies which includes industrial IoT to integrate flexible batteries.          

Hence, these growing demand of the IoT device and use of flexible battery in medical device to treat the patients during the pandemic may lead to increase the demand of the market in the projected period.

Market Restraints:

  • High Cost of Initial Investment

One of the major key concern of the flexible battery market is the high cost of initial investment which may hamper the market growth. The high upfront costs with compared to various other technologies enable them to high cost make up for the high initial cost by providing high lifetime efficiency. However, the high cost of raw materials and the materials processing lead to increase the initial expenses of the market. Whereas, the materials processing is very complex to separate from the materials cost which may lead to increase the complexity of the flexible battery market in the projected period.  

Flexible Battery Market: Key Segments

  • Segmentation based on Type: Thin-Film Battery, Printed Battery, Curved Battery and Other.
  • Segmentation based on Component: Electrodes, Electrolytes and Others.
  • Segmentation based on Chargeable Type: Rechargeable Battery and Single Use Battery.
  • Segmentation based on Material: Lithium Polymer, Zinc and Lithium Ion.
  • Segmentation based on Voltage Type: Below 1.5V, between 1.5V and 3V and above 3V.
  • Segmentation based on Application: Consumer Electronics, Medical Tools, Entertainment, Smart Packaging, Wireless Communication/Sensor and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Flexible Battery Market: Report Scope

The report on the flexible battery market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Components, Chargeable Type, Materials, Voltage Type, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • LG Chem (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Blue Spark Technologies
  • Apple Inc.
  • Panasonic Corporation
  • Ultralife Corporation
  • BrightVolt.
  • Enfucell Oy
  • SAMSUNG SDI CO., LTD.
  • ProLogium Technology Co., Ltd
  • Molex
  • Other Key Companies
    • Energy Diagnostics Limited
    • Jenax Inc.

Flexible Battery Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Flexible Battery Market, by Type

  • Thin-Film Battery
  • Printed Battery
  • Curved Battery
  • Other

Flexible Battery Market, by Component

  • Electrodes
  • Electrolytes
  • Others

Flexible Battery Market, by Chargeable Type

  • Rechargeable Battery
    • Primary Batteries
    • Secondary Batteries
  • Single Use Battery

Flexible Battery Market, by Material

  • Lithium Polymer
  • Zinc
  • Lithium Ion

Flexible Battery Market, by Voltage Type

  • Below 1.5V
  • Between 1.5V and 3V
  • Above 3V

Flexible Battery Market, by Application

  • Consumer Electronics
  • Medical Tools
  • Entertainment
  • Smart Packaging
  • Wireless Communication/Sensor
  • Others

Flexible Battery Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Flexible Battery Market  Providers
  • Flexible Battery Market  Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Flexible Battery Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FLEXIBLE BATTERY MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Demand of IoT Devices
      2. Technological Advancements in Portable Electronics
      3. Growing Use of Portable Batteries in Medical Tools
    3. Restraint
      1. High Cost of Initial Investment
    4. Opportunities
      1. Growing Demand for Wireless Sensor Supply
      2. Increasing Adoption for New Flexible Batteries 
    5. Challenges
      1.  Complexity and Selection of Raw Materials Issues
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL FLEXIBLE BATTERY MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Thin-Film Battery
    3. Printed Battery
    4. Curved Battery
    5. Other
  7. GLOBAL FLEXIBLE BATTERY MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Electrodes
    3. Electrolytes
    4. Others
  8. GLOBAL FLEXIBLE BATTERY MARKET BY CHARGEABLE TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Rechargeable Battery
      1. Primary Batteries
      2. Secondary Batteries
    3. Single Use Battery
  9. GLOBAL FLEXIBLE BATTERY MARKET BY MATERAILS, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Lithium Polymer
    3. Zinc
    4. Lithium Ion
  10. GLOBAL FLEXIBLE BATTERY MARKET BY VOLTAGE TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Below 1.5V
    3. Between 1.5V and 3V
    4. Above 3V
  11. GLOBAL FLEXIBLE BATTERY MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Consumer Electronics
    3. Medical Tools
    4. Entertainment
    5. Smart Packaging
    6. Wireless Communication/Sensor
    7. Others
  12. GLOBAL FLEXIBLE BATTERY MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  13. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  14. COMPANY PROFILES
    1. LG Chem
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Blue Spark Technologies
    3. Apple Inc.
    4. Panasonic Corporation
    5. Ultralife Corporation
    6. BrightVolt.
    7. Enfucell Oy
    8. SAMSUNG SDI CO., LTD.
    9. ProLogium Technology Co., Ltd
    10. Molex
    11. Other Key Companies
      1. Energy Diagnostics Limited
      2. Jenax Inc.
  15. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 085

Published : July, 2020


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