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Flexible Battery Market 2018 Comprehensive Analysis with Key Players like Apple, Nokia, STMicroelectronics, LG Chem, Samsung SDI, Ultralife Corporation, Blue Spark Technologies, BrightVolt, Panasonic USA, NEC Energy Solutions, Others - Forecast 2025
Press release from: Data Bridge Market Research
Apple, Nokia, STMicroelectronics, LG Chem, Samsung SDI, Ultralife Corporation, Blue Spark Technologies, BrightVolt, Panasonic USA, NEC Energy Solutions are turning all the heads in the Flexible Battery Market because of their product launches, their researches, joint ventures, merges and accusations which are in turn affecting the sales, import, export and revenue at a Global level.
This report by Data Bridge Market Research brings to you all the companies profiles needed to be in the competition for the Global Flexible Battery Market. With the help of SWOT analysis the report tells you about all the market restrain and drivers to be followed in the forecast period of 2018-2025 while also explaining what the Global Flexible Battery Market definition, classifications, applications, and engagements are and providing with all the figures of CAGR levels in the historic year 2016, base year 2017 and forecast year 2018-2025.
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
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Market Analysis: Global Flexible Battery Market
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.
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 Segmentation: Global Flexible Battery Market
Based on type:
• 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
• Wireless Communication
• Other Applications
Based on geography:
• North America
• South America
• 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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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
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,
• 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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