Global Flexible Batteries Market demand is expected to be valued at US$ 152.49 million in 2022, rising at a 25% CAGR to US$ 1,420 million from 2022 to 2032.
The growing number of R&D activities for developing flexible batteries for wearable devices, the increasing use of thin and flexible batteries in flexible electronic devices, the ongoing miniaturisation of electronic devices, the surging demand for flexible batteries in IoT applications, and the increasing use of flexible batteries in medical devices to treat COVID-19 patients are all expected to drive the growth of this market.
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Globally, there is a rising need for mobile healthcare equipment and wireless healthcare monitoring devices. These gadgets require long-lasting energy sources, resulting in a huge market opportunity for thin and flexible lithium batteries. The wearable electronics industry is seeing an increase in the number of new product releases and advances. These gadgets need a high degree of adaptability and lightweight batteries to provide continuous power delivery. During the projected period, these factors are also expected to fuel market expansion.
Furthermore, rising flexible batteries demand by electronic assemblers and manufacturers, increasing production capacities of manufacturing organizations and assembly sites in various parts of the world, and the growing presence of electronic assemblers and manufacturers globally are the major growth drivers of the global flexible batteries market in the future.
Important Questions Answered in the Flexible Batteries Market Report
- How will the Flexible Batteries market expand through 2032?
- Which region is the most lucrative in the Flexible Batteries market?
- What are the recent technological developments in the Flexible Batteries market?
- What are key challenges and competition threats faced by Flexible Batteries market players?
- Who are prominent players leading the Flexible Batteries market?
Flexible Batteries Market: Key Segmentation
Type:
- Thin-Film Flexible Battery
- Printed Flexible Battery
- Curved Flexible Battery
- Other Flexible Battery Types
Chargeability:
- Rechargeable Flexible Batteries
- Single-Use Flexible Batteries
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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Flexible Batteries Market: Competitive Evaluation
The FMI’s Flexible Batteries market report provides a comprehensive analysis on key players operating in the Flexible Batteries market. Some of the key players are:
- Apple Inc.
- Blue Spark Technology
- Brightvolt Inc.
- Enfucell Oy
- LG Chem Ltd.
- NEC Energy Solutions Inc.
- Panasonic Corporation
- Samsung SDI Co. Ltd.
- ST Microelectronics N.V.
- Ultralife Corporation
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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