BusinessIndustry

Flexible Battery Market is Booming (CAGR of 46.01%) Worldwide with Panasonic Corp., NEC Energy Solutions Inc., Blue Spark Technologies, Inc., LG ChemLtd

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. 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

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., and Fullriver Battery New Technology Co Ltd. among other.

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Market Definition:

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.

Market 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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Table of Content: Global Flexible Battery Market 

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Flexible Battery Market  Landscape

Part 04: Global Flexible Battery Market Sizing

Part 05: Global Flexible Battery Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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