Press release
Flexible Battery Market - Technological Advancements, Evolving Industry Trends and Insights 2017 - 2025
Flexible batteries are light weight and easy to use and are increasingly used in products with limited internal space. As flexible battery are thin and bendable, they can be used as power sources on curved surfaces. Moreover, these batteries are eco-friendly and have low impact on the environment.
Fill the form to gain deeper insights on this market @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23513
The growth of global flexible battery market is driven by factors such as rising demand for IoT devices. Technological advancement in portable devices is expected to fuel growth of the global flexible battery market over the forecast period. Flexible batteries are used in portable devices as they can be adjusted in any size for different purposes.
The surging demand for wearable devices in the past few years is positively impacting the growth of this market. With innovation in wearable electronics, the demand for flexible power source with high performance that can be integrated into various products is expected to be on the rise. Moreover, the increasing demand for thin flexible batteries across various application segments such as smart cards, medical devices, and wearable devices due to its low self-discharge rate is anticipated to have a positive bearing on this market over the forecast period.
The global flexible battery market was valued at US$230.0 mn in 2016 and is expected to be worth US$2437.6 mn by 2025, rising at a CAGR of 32.9% between 2017 and 2025.
Smart Packaging End-use Segment to Continue Dominance in Future
The global flexible battery market is segmented in terms of chargeability into chargeable flexible battery and single use flexible battery. Of the two, the segment of chargeable flexible battery held the leading share in 2016 and is expected to retain its dominance during the forecast period.
On the basis of product type, the market is segmented into thin film and printed battery, flexible zinc carbon battery, laminar lithium-polymer battery, and advanced lithium ion battery. Thin film and printed battery, among these, held the leading market share in 2016 and is anticipated to maintain its dominance over the forecast period.
In terms of end user, the market is segmented into consumer electronics, smart packaging, healthcare, and transportation and logistics among others. Smart packaging displayed the leading demand for flexible batteries in 2016 accounting for 26.6% of revenue contribution. The segment is expected to display rapid growth owing to development of smart packaging industry across various parts of the world. The segment of smart packaging is anticipated to display the leading demand for flexible batteries among other end-use segments.
Browse Market Research Report @ https://www.transparencymarketresearch.com/flexible-battery-market.html
Asia Pacific to Emerge as Significant Market
On the basis of geography, the global flexible battery market is segmented into North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. In 2016, North America held the leading share of 32.5% in the market and was followed by Europe and Asia Pacific. The North America flexible battery market is predominantly driven by the U.S. This is due to the presence of a large number if flexible battery manufacturers combined with rising investment in extensive research and development pursuits in the field of battery technology.
Top companies operating in the global flexible battery market include Panasonic Corporation, LG Chem Ltd., Ultralife Corporation, Blue Spark Technology, NEC Energy Solutions Inc., ST Microelectronics N.V., Enfucell Oy, Samsung SDI Co. Ltd., and Brightvolt Inc.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexible Battery Market - Technological Advancements, Evolving Industry Trends and Insights 2017 - 2025 here
News-ID: 811085 • Views: …
More Releases from TMR - Research Reports
Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of…
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period.
digital door lock systems market…
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost…
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report.
Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to…
More Releases for Flexible
Global Flexible Honeycomb Market, Global Flexible Honeycomb Industry, Covid-19 I …
The Flexible Honeycomb market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Flexible Honeycomb Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Flexible Honeycomb market. The report focuses on well-known providers in the global…
Flexible Glass for Flexible Electronics Market to Witness an Outstanding Growth …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Glass for Flexible Electronics Market Revenue Predicted to Go Up by 202 …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Glass for Flexible Electronics Market Projected to Garner Significant R …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Packaging Market - Consumer Goods Industry Demand for Flexible Packagin …
Global Flexible Packaging Market: Snapshot
Flexible packaging is gaining grounds in the field of primary packaging. Advancements in material science have allowed manufacturers to create flexible packaging the food and beverage industry better than before. This packaging can maintain the primary function of protecting its contents while providing the advantages of lower weight, better performance, and a much lower scope of contamination. Flexible packaging is also easier to handle and store,…
Flexible Glass for Flexible Electronics Market Trends and Segments 2016-2026
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
