Flexible batteries are designed for their flexible use
in electronic devices such as toys, smart card, sensors and others. Compact and
small sized electronic devices need small, stretchable and flexible batteries
due to presence of less space for their installation in these devices. Most of
the electronic items need a power supply which should be thin, flexible and
adoptable to the design needs. Manufacturing of these batteries requires cheap
mass production processes. With increasing use of flexible electronic devices
and wearable appliances, flexible lithium ion batteries are the most attractive
for flexible energy sources.
Market Size & Forecast
Global flexible battery market is anticipated to reach around USD
470 Million by the end of 2024, witnessing a healthy compound annual growth
rate over the forecast period.
North
America region is anticipated to dominate the global market followed by Asia
Pacific. This can be attributed towards the high rate of adoption of emerging
technologies in these regions. Europe market is expected to expand at a
moderate rate over the forecast period.
It has
been notified that smart card and RFID segments by end-use dominated the
flexible battery market in 2016 as these are widely accepted technologies. High
adoption of smart card technology in transportation sector will further propel
the growth of flexible battery market over the forecast period.
Market Segmentation
·
By
Technology
Deep
dive market analysis has been carried out on following product segments:-
·
Printed
Batteries
·
Solid
State Batteries
·
Micro
Batteries
·
Thin-Film
Lithium Batteries
·
Lithium
Polymer Batteries
·
Advanced
Lithium Ion Batteries
·
Laminar
Fuel Cells
·
Thin
Flexible Supercapacitors
·
Transparent,
Foldable, Stretchable, Cable Shaped Batteries
·
By
End Use
Flexible
batteries have a wide range of application in different sector, following end
uses are thoroughly analysed in the report:-
·
Wearable
and Electronic Textiles
·
Medical
and Cosmetic
·
Smart
Packaging Interactive Media, Toys, Games etc.
·
Portable
Electronics
·
Internet
of Things, Wireless Sensors, Connected Devices
·
RFID
·
Smart
Card
·
Others
By Region
Global
Flexible Battery Market is further classified on the basis of region as
follows:
·
North
America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity
Analysis
·
Latin
America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth &
Opportunity Analysis
·
Europe
(U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands &
Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity
Analysis
·
Asia-Pacific
(China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market
size, Y-O-Y growth & Opportunity Analysis
·
Middle
East and Africa ( GGC, South Africa, North Africa and rest of Middle East and
Africa ) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers and Challenges
Increasing
use of electronic textiles along with rising adoption of wearable technology
will further create a huge demand for flexible batteries in global market.
Owing to the emerging technology in electronic devices, which has evolved from
large desktop computers to pocket sized smart phones capable of running
numerous applications, the need for small and flexible batteries are gaining
the traction in the market, this will further boost the market growth over the
forecast period.
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Expansion
of smart card technology in various fields is boosting the demand for flexible
batteries all across the globe. Wireless sensors are catching the trend in the
market; and thus found their wide range of application in various sector such
as medical, construction and others. Increasing end use of flexible batteries
will further uplift the market growth in next few years. However, technological
advancement in these batteries has created various opportunities in the market
which is likely to foster the growth in future.
Moreover
factor such as charging, short life span of primary batteries, threat of
substitution by emerging technologies are anticipated to hinder market growth
over the forecast period i.e. 2017-2024.
Key Players
·
Enersys
Inc.
·
Johnson
Control Inc.
·
GS
Yuasa Corporation
·
Panasonic
Corporation
·
Leoch
International Technology Ltd.
·
Exide
Technologies
·
East
Penn Manufacturing Company
·
CBS
Battery Technologies
·
Exide
Industries
·
FIAMM
SpA.
Scope and
Context
Overview
of the Parent Market
Analyst
View
Segmentation
·
By
Type Market Size & Y-O-Y Growth Analysis
·
By
Application Market Size & Y-O-Y Growth Analysis
·
By
Component Market Size & Y-O-Y Growth Analysis
By Regions
Global
Flexible Battery Market has been studied on countries and regions like:
·
North
America (U.S., Canada) Market Size & Y-O-Y Growth Analysis
·
Latin
America (Mexico, Brazil, Rest of Latin America) Market Size & Y-O-Y Growth
Analysis
·
Europe
(Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Europe, Russia
Poland, Rest of Europe) Market Size & Y-O-Y Growth Analysis
·
Asia-Pacific
(China, India, Singapore, Japan, Australia & New Zealand & Rest of
Asia) Market Size & Y-O-Y Growth Analysis
·
Middle
East and Africa (GCC, North Africa, South Africa and Rest of Middle East and
Africa) Market Size & Y-O-Y Growth Analysis
Market
Dynamics
Supply
& Demand Risk
Competitive
Landscape
Porter’s
Five Force Model
Geographical
Economic Activity
Key
Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent
Trends and Developments
Industry
Growth Drivers and Challenges
Key
Information for Players to establish themselves in current dynamic environment
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