Flexible Batteries Market Size, Share, Trend & Forecast Report 2025
Innovation and technical advancement in form factor of batteries is driving the power storage industry globally. The flexible batteries are the primary and secondary batteries which are technologically developed to be flexible and conformal as compared to traditional batteries that are heavy, rigid and generally have fixed form factors.
As the form factor of devices like smartphones, tablets and
wearable devices is made lighter, thinner and flexible, there is need of
flexible and thin battery which can satisfy ever increasing demand for electric
power needed to power these device for long period of time.
The flexible batteries market is fuelled by demand for
flexible batteries for devices like wearable electronics devices, smart cards,
transdermal drug delivery patches and flexible displays. Internet of everything
is also a factor responsible for driving need for flexible batteries to power
portable and handheld consumer devices.
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Besides having thin and flexible form factor, flexible batteries offers
numerous other benefits. The flexible batteries are long lasting, powerful, and
free from safety concerns and made up of inherently safe material to adapt to
emerging technologies in flexible electronics. The flexible batteries are made
up of polymer with improve conductive property and can be stretched and rolled
as per need of the device where it is used. On other hand, there is a need to
address some technological issues related to short circuit during flexing.
On the basis of Application, global flexible battery market
is segmented into – Wearable electronics, consumer electronics, Packaging and
transportation, medical, healthcare & cosmetics, & networks and others.
Share of wearable device application is expected to dominate the market and
Medical, health & cosmetic application is expected to exhibit highest CAGR
for the forecast period.
The global flexible battery market is expected to report
double digit growth rate within forecasted period. The manufacturers globally
are focussing on new product development and technological advancement to
ensure reliable and low cost production of flexible batteries .The North
America has the highest share contribution in global flexible battery market
followed by japan and Asia pacific and continue to dominate the market within
forecasted period.
The increasing use of flexible primary and secondary
batteries in wearable devices, smartphones, medical skin patches, smart cards
and consumer electronics devices and internet of everything is driving the
growth of flexible batteries market. Major companies in semiconductor
industries are investing a big amount on research and development of flexible
electronic products and thereby development of flexible batteries to power
those devices.
Commercialization of the production of flexible batteries
are in process from last ten years. High prices of the flexible battery is a
factor that hinders the growth of global flexible battery market. A Large scale
mass production of flexible batteries will help to low down the prices of
flexible batteries to affordable limits.
Apple Inc., Nokia Technologies, Samsung sdi Co., Ltd, Front
Edge Technology, Inc, LG Chem Ltd., STMicroelectronics, Blue Spark
Technologies, Inc., Solicore Inc., Cymbet Corporation, Fullriver Battery New
Technology Co Ltd, and others are among some of the prominent players of
global flexible battery market. The flexible battery market is in its nascent
stage and mainly driven by research and development from big brands. These
companies follow the strategy of new product development and focus on economy
of scale to survive and sustain in the global flexible battery market.
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The yet to be published report will provide exhaustive
analysis on:
- Flexible
Batteries Market Segments
- Flexible
Batteries Market Dynamics
- Historical
Actual Market Size, 2012 - 2014
- Flexible
Batteries Market Size & Forecast 2015 to 2025
- Supply
& Demand Value Chain
- Flexible
Batteries Market Current Trends/Issues/Challenges
- Competition
& Companies involved
- Technology
- Value
Chain
- Flexible
Batteries Market Drivers and Restraints
Regional analysis for Flexible Batteries Market includes
- North
America
- US
& Canada
- Latin
America
- Brazil,
Mexico, Others
- Western
Europe
- EU5
- Nordics
- Benelux
- Eastern
Europe
- Asia
Pacific
- Australia
and New Zealand (ANZ)
- Greater
China
- India
- ASEAN
- Rest
of Asia Pacific
- Japan
- Middle
East and Africa
- GCC
Countries
- Other
Middle East
- North
Africa
- South
Africa
- Other
Africa
The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic indicators
and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market
segments and geographies.
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Flexible Batteries
Market
On the basis of Technology, global flexible battery market
can be segmented into
- Flexible
zinc carbon batteries
- flexible
lithium ion batteries
- flexible
lithium polymer batteries
- thin
flexible supercapacitors
- flexible
solar batteries
- others.
Report Highlights:
- Detailed
overview of parent market
- Changing
market dynamics in the industry
- In-depth
market segmentation
- Historical,
current and projected market size in terms of volume and value
- Recent
industry trends and developments
- Competitive
landscape
- Strategies
of key players and products offered
- Potential
and niche segments, geographical regions exhibiting promising growth
- A
neutral perspective on market performance
- Must-have
information for market players to sustain and enhance their market
footprint
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