Insights on Global Flexible Battery Market Offering Trends, Share, Size, Growth Until the End of 2025 || Global Key Players - Panasonic Corporation, STMicroelectronics N.V., LG Chem Ltd, Enfucell Oy, Ultralife Corporation, Samsung SDI Co. Ltd., Blue Spark

An extensive study offering forecast assessment on Flexible Battery Market has been broadcasted to the mega-repository of Market Research Reports Search Engine (MRRSE). This all-inclusive and holistic research examines Flexible Battery Market in detail, providing an exhaustive analysis on key factors impacting present as well as future growth prospects of the market. In addition, the report provides key statistics on the current state of the industry and other methodical data to understand the market in a precise manner. A sub-category level analysis has been elaborated in the study, by which readers and investors of the report will able to know that where the market stands to gain.

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 Flexible batteries are the upcoming trend in the battery industry. These batteries are light in weight, flexible and user-friendly. Its flexibility feature enables it to be folded, rolled and integrate into any shape of the product. Flexible batteries being thin in nature allows the designers to utilize these power sources on curved surfaces. These batteries are eco-friendly as well. Increasing trend of product miniaturization is one of the most important factors anticipated to trigger the demand for flexible batteries in the coming years. These batteries have a low self-discharge rate.  Owing to these factors, the application scope of such batteries is expected to enhance in the near future.

Factors such as the increasing demand for the internet of things (IoT) devices is one of the key factors predicted to trigger the demand of eco-friendly flexible batteries during the forecast period. Advances in the field of Internet of Things (IoT) based devices have led the manufacturers operating in this field to focus on extensive research and development activities to implement new designs that would overcome the shortcomings that are present in the traditional batteries.  These flexible batteries come with new and improved power efficiency coupled with heightened durability. Increasing inclination of various battery manufacturers towards manufacturing flexible batteries in order to cope up with the rising demand is also predicted to accelerate the market growth of flexible batteries in the coming years.  For instance, Panasonic Corp. which is one of the world’s largest lithium-ion battery makers has introduced a new flexible lithium ion battery for use in a wearable device that maintains its electrical characteristic even after repeated bending. This battery gives more freedom to the designers of consumer electronics like wearable devices that are constrained by the need for inflexible areas to hold the battery.

However, stiff competition faced by flexible batteries from the traditional batteries is one of the essential factors anticipated to deter the market growth of flexible batteries in the coming years. This, in turn, limit various battery manufacturers to enter the market.

The global flexible battery market is segmented on the basis of chargeability, product type, end user and geography. Based on chargeability, the market is segmented into chargeable flexible battery and single-use flexible battery. Chargeable flexible batteries can be produced in different sizes and shapes. Such batteries have very less impact on the environment. This segment accounted for the highest market share in 2016. Based on product type, the flexible battery market is segmented into laminar lithium-polymer battery, thin film and printed battery, flexible zinc-carbon battery and advanced lithium-ion battery. Based on end use, the market is segmented into consumer electronics, healthcare, smart packaging, transportation and logistics, and others.

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Regionally, the global flexible battery market has been classified into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. In 2016, North America held the major share of the market, followed by Europe, Asia Pacific, Middle East, and Africa and Latin America. Rising demand for flexible batteries in North America is due to its widespread adoption in smart packaging like radio frequency identification (RFID), anti-theft tags and consumer electronics among others is expected to intensify the market penetration in the coming years.

Global Flexible Battery Market: Competitive Outlook

The leading manufacturers in the global flexible battery market have been adopting strategies such as merger and acquisition and product line expansion. The major market participants profiled in this report are Panasonic Corporation (Japan), STMicroelectronics N.V. (Switzerland), LG Chem Ltd. ( South Korea), Enfucell Oy (Finland), Ultralife Corporation( The U.S), Samsung SDI Co. Ltd. ( South Korea), Blue Spark Technology (The U.S), Brightvolt Inc. (The U.S) and NEC Energy Solutions Inc. (The U.S) among others.

The segments covered in the Flexible battery market are as follows:

Global Flexible Battery Market, by Chargeability

Chargeable Flexible Battery

Single Use Flexible Battery

Global Flexible Battery Market, by Product Type

Laminar Lithium-Polymer Battery

Thin Film and Printed Battery

Flexible Zinc Carbon Battery

Advanced Lithium-Ion Battery

Global Flexible Battery Market, by End User

Consumer Electronics

Healthcare

Smart Packaging

Transportation and Logistics

Others

Global Flexible Battery Market, by Geography

North America

The U.S.

Rest of North America

Europe

U.K.

Germany

France

Italy

Rest of Europe

Asia Pacific

China

India

Korea

Rest of APAC

Latin America

Brazil

Rest of Latin America

Middle East and Africa (MEA)

UAE

Saudi Arabia

Rest of Middle East & Africa

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