[Research Report] The micro battery market size was valued at US$ 773.72 million in 2022, and it is estimated to reach US$ 3,228.80 million by 2030; it is projected to register a CAGR of 19.6% from 2022 to 2030.
Analyst Perspective:
The micro battery market has grown significantly in recent years. Factors such as the shift from traditional batteries to micro batteries are contributing to the micro battery market growth. The global micro battery market is further boosted by the growing awareness of their advantages, such as a wide operating temperature range and high energy density.
Market Overview:
In the world of small electronic systems and gadgets, micro batteries play a crucial role as they are specifically designed to provide power in situations where space is limited. Conventional larger batteries may not be suitable for devices such as hearing aids, sensors, medical implants, and other microelectronic devices due to their size limitations. This is where micro batteries come into play, serving as the preferred choice in such scenarios. The increasing adoption of wearable technology, coupled with the expansion of the semiconductor sector and the rise in private investments in technical research and development for Internet of Things (IoT) technology, drives the market.
Additionally, the shift from traditional batteries to micro batteries is also contributing to the micro battery market growth. The global market for micro batteries is further boosted by the growing awareness of their advantages, such as a wide operating temperature range and high energy density. These batteries are flexible, lightweight, and can be molded into various shapes without compromising their effectiveness. This makes micro batteries vital for powering portable and wearable electronic devices, where considerations of space and weight are crucial. As industries and consumers increasingly recognize the benefits of these compact power sources, the demand for micro batteries continues to surge, leading to continuous innovations in their design and application across various technological domains.
Market Driver:
Miniaturization of Consumer Electronics to Drive Growth of Micro Battery Market
The growing miniaturization of consumer electronics is a significant factor driving the growth of the micro battery market. In today's fast-paced world, consumer electronics have become integral to everyone's lives. From smartphones to wearable devices, the demand for smaller and more powerful gadgets continues to rise. As consumer electronics continue to shrink in size, traditional battery technologies struggle to keep up with the demand for compact and long-lasting power sources. Micro batteries, also known as micropower sources, have emerged as a solution to this problem. These tiny energy storage devices offer high energy density in a small form factor, making them ideal for powering the ever-shrinking consumer electronics.
In order to meet the demands of miniaturization, the micro battery market has witnessed significant technological advancements. Researchers are exploring new materials and designs to enhance energy storage capacity while reducing the size of these batteries. Nanotechnology, for instance, has played a crucial role in developing micro batteries with higher energy densities and improved cycle life. The applications of micro batteries extend beyond just smartphones and wearable devices. They are also utilized in medical implants, hearing aids, wireless earphones, and even miniature drones. These energy storage solutions are revolutionizing industries and enabling the development of innovative products that were once unimaginable.
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Micro Battery Market: Strategic Insights
Market Size Value in US$ 773.72 million in 2022 Market Size Value by US$ 3,228.80 million by 2030 Growth rate CAGR of 19.6% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Micro Battery Market: Strategic Insights
| Market Size Value in | US$ 773.72 million in 2022 |
| Market Size Value by | US$ 3,228.80 million by 2030 |
| Growth rate | CAGR of 19.6% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Segmentation and Scope:
The global micro battery market is categorized based on type, rechargeability, and application. Based on type, the micro battery market is categorized into thin film battery, solid-state chip battery, and button battery. In terms of rechargeability, the micro battery market is segmented into primary battery and secondary battery. Based on application, the micro battery market is segmented into consumer electronics, smart packaging, medical devices, wireless sensor nodes, and others. Based on geography, the micro battery market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
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Segmental Analysis:
By rechargeability, the global micro battery market is segmented into primary battery and secondary battery. The primary battery segment held a larger share of the micro battery market in 2022. Primary batteries are single-use galvanic cells that store electricity for later use and typically have a long shelf life. Zinc-carbon (Leclanché) cells, alkaline zinc-manganese dioxide cells, and metal-air-depolarized batteries are a few examples. After use, primary batteries can be recycled, thus helping to save on material costs. Primary batteries have a higher energy density than rechargeable secondary cells. However, most primary cells have a high inner impedance, causing a large voltage drop under high discharge current and limiting power capacity. The most often used primary batteries are zinc-manganese dioxide systems. Thus, considering the above advantages, the primary batteries segment is growing significantly in the micro battery market.
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Regional Analysis:
The European micro battery market has witnessed substantial expansion in recent times, propelled by the rising need for energy storage among both consumers and businesses. Operating within a fiercely competitive global micro battery market, Europe presents a landscape characterized by both prospects and hurdles. In addition, the European Commission, through the European Battery Alliance (EBA), continuously works on recognizing the strategic significance of batteries in Europe's clean and digital transformation, as well as their crucial role as an enabling technology for the automotive sector's competitiveness, the Commission aspires to position Europe as a prominent player in sustainable battery production and utilization on a global scale. Moreover, in December 2023, The European Battery Alliance (EBA 250) enthusiastically embraced the recent injection of US$ 3.8 billion in EU financial stimulus aimed at accelerating the expansion and development of the micro battery market.
Key Player Analysis:
Molex LLC, Murata Manufacturing Co Ltd, Varta AG, Duracell Inc, Renata Sa, Maxell Holdings, Ltd, Seiko Instruments Inc, Riot Energy Inc, Panasonic Energy Co Ltd, and Enfucell Flexible Electronics Ltd are among the key micro battery market players. These micro battery market players are focused on continuous product development and innovation.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions, new product launches, expansion, and diversification are highly adopted by companies in the micro battery market. A few recent key developments in the micro battery market are listed below:
- In June 2023, VARTA AG, a leading manufacturer in the energy storage industry, launched a state-of-the-art gigafactory for energy storage systems. With an investment of over US$ 21 million (EUR 20 million), the company aims to meet the growing demand in the renewable energy market. The factory, located in Neunheim, Ellwangen, Germany, will cover an expansive area of more than 5,000 square meters. The gigafactory will have the capacity to produce up to 100,000 energy storage systems annually, with each system having an average capacity of 10 kilowatt hours. This production output will correspond to over 1 gigawatt hour per year, showcasing VARTA's commitment to meeting the increasing need for energy storage solutions in the renewable energy sector.
- In November 2022, with the fifth generation of its flagship lithium-ion rechargeable cell, VARTA provided a cutting-edge new product for future-driven innovations. At Electronica, VARTA showcased its extensive micro battery portfolio and focused on sustainability during November 15–18 in Munich.
- In October 2022, Maxell established the world's first mass production system of small-size all-solid-state batteries through established micro battery and lithium-ion battery manufacturing processing technologies, as explained by President Keiji Nakamura in this interview with The Worldfolio.
- In May 2022, Murata launched child-resistant packaging for its lithium coin cell batteries, available in a 5-piece tear-strip package. Murata is transitioning to child-resistant packaging for all lithium coin cell batteries available in a 5-piece tear strip package, which includes the popular CR2016, CR2025, and CR2032 sizes. Each coin cell battery in the 5-piece tear strip pack can still be easily detached. Each coin cell battery is fully encapsulated in plastic, replacing the conventional, easy-to-open perforated packaging. Each capsule now requires a pair of scissors to open. Coin cells and packaging are also marked with the 'keep away from small children' symbol.
- In May 2022, Varta showcased its extensive range of micro batteries, enabling a wide array of future-proof applications, at the Computex event held in Taipei. During the event, Varta presented its diverse micro battery product portfolio, which encompassed various options such as rechargeable lithium-ion button cells, nickel metal hydride button cells, primary silver oxide cells, primary lithium button cells, cylindrical lithium batteries, hydrogen gas generating cells, and primary Varta alkaline Industrial Pro batteries. The showcased products demonstrated Varta's commitment to providing reliable power solutions for a range of applications, catering to the evolving needs of the technology industry.
- In January 2021, Murata, a renowned manufacturer, built a strong reputation in the watch battery industry by focusing on eco-friendly practices and producing mercury-free watch batteries. Their commitment to environmental sustainability has positioned them as a leading partner and supplier of mercury-free watch button cell batteries to international watch and jewelry makers who prioritize ecological consciousness. This new offering further strengthens Eaton's position as a leader in providing advanced solutions for the fuel systems industry.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Rechargeability, Application, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The incremental growth expected to be recorded for the global micro battery market during the forecast period is US$ 2455.08 million.
The global micro battery market is expected to reach US$ 3,228.80 million by 2030.
The key players holding majority shares in the global micro battery market are Panasonic Energy Co Ltd, Duracell Inc, Varta AG, Murata Manufacturing Co Ltd, and Maxell Holdings Ltd.
Increasing focus on sustainability is anticipated to play a significant role in the global micro battery market in the coming years.
The increase in demand for wearable devices and the miniaturization of consumer electronics are the major factors that propel the global micro battery market.
The global micro battery market was estimated to be US$ 773.72 million in 2022 and is expected to grow at a CAGR of 19.6% % during the forecast period 2023 - 2030.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Micro Battery Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. Micro Battery Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Increase in Demand for Wearable Devices
5.1.2 Miniaturization of Consumer Electronics
5.1.3 Advantages of Micro Batteries
5.2 Restraints
5.2.1 Need for Large Investments
5.2.2 Limited Energy Storage Capacity
5.3 Opportunities
5.3.1 Advancements in IoT Devices
5.3.2 Expansion in Healthcare industry
5.4 Trends
5.4.1 Increasing Focus on Sustainability
5.5 Impact of Drivers and Restraints:
6. Micro Battery Market - Global Market Analysis
6.1 Micro Battery Market Overview
6.2 Micro Battery Market Revenue (US$ Million), 2022 – 2030
6.3 Micro Battery Market Forecast and Analysis
7. Micro Battery Market Analysis - Type
7.1 Button Battery
7.1.1 Overview
7.1.2 Button Battery Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Thin Film Battery
7.2.1 Overview
7.2.2 Thin Film Battery Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Solid State Chip Battery
7.3.1 Overview
7.3.2 Solid State Chip Battery Market Revenue and Forecasts To 2030 (US$ Million)
8. Micro Battery Market Analysis - Rechargeability
8.1 Primary Battery
8.1.1 Overview
8.1.2 Primary Battery Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Secondary Battery
8.2.1 Overview
8.2.2 Secondary Battery Market Revenue and Forecasts To 2030 (US$ Million)
9. Micro Battery Market Analysis – Application
9.1 Consumer Electronics
9.1.1 Overview
9.1.2 Consumer Electronics Revenue and Forecasts To 2030 (US$ Million)
9.2 Medical Devices
9.2.1 Overview
9.2.2 Medical Devices Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Smart Packing
9.3.1 Overview
9.3.2 Smart Packing Market Revenue and Forecasts To 2030 (US$ Million)
9.4 Wireless Sensor Nodes
9.4.1 Overview
9.4.2 Wireless Sensor Nodes Market Revenue and Forecasts To 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
10. Micro Battery Market - Geographical Analysis
10.1 North America
10.1.1 North America Micro Battery Market Overview
10.1.2 North America Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3 North America Micro Battery Market Breakdown by Type
10.1.3.1 North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
10.1.4 North America Micro Battery Market Breakdown by Rechargeability
10.1.4.1 North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
10.1.5 North America Micro Battery Market Breakdown by Application
10.1.5.1 North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
10.1.6 North America Micro Battery Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 US Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.1.1 US Micro Battery Market Breakdown by Type
10.1.6.1.2 US Micro Battery Market Breakdown by Rechargeability
10.1.6.1.3 US Micro Battery Market Breakdown by Application
10.1.6.2 Canada Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.2.1 Canada Micro Battery Market Breakdown by Type
10.1.6.2.2 Canada Micro Battery Market Breakdown by Rechargeability
10.1.6.2.3 Canada Micro Battery Market Breakdown by Application
10.1.6.3 Mexico Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.3.1 Mexico Micro Battery Market Breakdown by Type
10.1.6.3.2 Mexico Micro Battery Market Breakdown by Rechargeability
10.1.6.3.3 Mexico Micro Battery Market Breakdown by Application
10.2 Europe
10.2.1 Europe Micro Battery Market Overview
10.2.2 Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 Europe Micro Battery Market Breakdown by Type
10.2.3.1 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Type
10.2.4 Europe Micro Battery Market Breakdown by Rechargeability
10.2.4.1 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Rechargeability
10.2.5 Europe Micro Battery Market Breakdown by Application
10.2.5.1 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Application
10.2.6 Europe Micro Battery Market Revenue and Forecasts and Analysis - By Countries
10.2.6.1 France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.1.1 France Micro Battery Market Breakdown by Type
10.2.6.1.2 France Micro Battery Market Breakdown by Rechargeability
10.2.6.1.3 France Micro Battery Market Breakdown by Application
10.2.6.2 Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 Germany Micro Battery Market Breakdown by Type
10.2.6.2.2 Germany Micro Battery Market Breakdown by Rechargeability
10.2.6.2.3 Germany Micro Battery Market Breakdown by Application
10.2.6.3 UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 UK Micro Battery Market Breakdown by Type
10.2.6.3.2 UK Micro Battery Market Breakdown by Rechargeability
10.2.6.3.3 UK Micro Battery Market Breakdown by Application
10.2.6.4 Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.4.1 Italy Micro Battery Market Breakdown by Type
10.2.6.4.2 Italy Micro Battery Market Breakdown by Rechargeability
10.2.6.4.3 Italy Micro Battery Market Breakdown by Application
10.2.6.5 Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.5.1 Russia Micro Battery Market Breakdown by Type
10.2.6.5.2 Russia Micro Battery Market Breakdown by Rechargeability
10.2.6.5.3 Russia Micro Battery Market Breakdown by Application
10.2.6.6 Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.6.1 Rest of Europe Micro Battery Market Breakdown by Type
10.2.6.6.2 Rest of Europe Micro Battery Market Breakdown by Rechargeability
10.2.6.6.3 Rest of Europe Micro Battery Market Breakdown by Application
10.3 Asia Pacific Micro Battery Market
10.3.1 Overview
10.3.2 Asia Pacific Micro Battery Market Revenue and Forecasts To 2030 (US$ Million)
10.3.3 Asia Pacific Micro Battery Market Breakdown by Type
10.3.3.1 Asia Pacific Micro Battery Market Revenue and Forecasts and Analysis - By Type
10.3.4 Asia Pacific Micro Battery Market Breakdown by Rechargeability
10.3.4.1 Asia Pacific Micro Battery Market Revenue and Forecasts and Analysis - By Rechargeability
10.3.5 Asia Pacific Micro Battery Market Breakdown by Application
10.3.5.1 Asia Pacific Micro Battery Market Revenue and Forecasts and Analysis - By Application
10.3.6 Micro battery market Breakdown by Countries
10.3.6.1 Australia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.1.1 Australia Micro Battery Market Breakdown by Type
10.3.6.1.2 Australia Micro Battery Market Breakdown by Rechargeability
10.3.6.1.3 Australia Micro Battery Market Breakdown by Application
10.3.6.2 China Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.2.1 China Micro Battery Market Breakdown by Type
10.3.6.2.2 China Micro Battery Market Breakdown by Rechargeability
10.3.6.2.3 China Micro Battery Market Breakdown by Application
10.3.6.3 India Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.3.1 India Micro Battery Market Breakdown by Type
10.3.6.3.2 India Micro Battery Market Breakdown by Rechargeability
10.3.6.3.3 India Micro Battery Market Breakdown by Application
10.3.6.4 Japan Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.4.1 Japan Micro Battery Market Breakdown by Type
10.3.6.4.2 Japan Micro Battery Market Breakdown by Rechargeability
10.3.6.4.3 Japan Micro Battery Market Breakdown by Application
10.3.6.5 South Korea Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.5.1 South Korea Micro Battery Market Breakdown by Type
10.3.6.5.2 South Korea Micro Battery Market Breakdown by Rechargeability
10.3.6.5.3 South Korea Micro Battery Market Breakdown by Application
10.3.6.6 Rest of Asia Pacific Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.6.1 Rest of Asia Pacific Micro Battery Market Breakdown by Type
10.3.6.6.2 Rest of Asia Pacific Micro Battery Market Breakdown by Rechargeability
10.3.6.6.3 Rest of Asia Pacific Micro Battery Market Breakdown by Application
10.4 Middle East & Africa
10.4.1 Middle East & Africa Micro Battery Market Overview
10.4.2 Middle East & Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Million)
10.4.3 Middle East & Africa Micro Battery Market Breakdown by Type
10.4.3.1 Middle East & Africa Micro Battery Market and Forecasts and Analysis - By Type
10.4.4 Middle East & Africa Micro Battery Market Breakdown by Rechargeability
10.4.4.1 Middle East & Africa Micro Battery Market and Forecasts and Analysis - By Rechargeability
10.4.5 Middle East & Africa Micro Battery Market Breakdown by Application
10.4.5.1 Middle East & Africa Micro Battery Market and Forecasts and Analysis - By Application
10.4.6 Middle East & Africa Micro Battery Market Revenue and Forecasts and Analysis - By Countries
10.4.6.1 South Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.1.1 South Africa Micro Battery Market Breakdown by Type
10.4.6.1.2 South Africa Micro Battery Market Breakdown by Rechargeability
10.4.6.1.3 South Africa Micro Battery Market Breakdown by Application
10.4.6.2 Saudi Arabia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.2.1 Saudi Arabia Micro Battery Market Breakdown by Type
10.4.6.2.2 Saudi Arabia Micro Battery Market Breakdown by Rechargeability
10.4.6.2.3 Saudi Arabia Micro Battery Market Breakdown by Application
10.4.6.3 UAE Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.3.1 UAE Micro Battery Market Breakdown by Type
10.4.6.3.2 UAE Micro Battery Market Breakdown by Rechargeability
10.4.6.3.3 UAE Micro Battery Market Breakdown by Application
10.4.6.4 Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.4.1 Rest of Middle East & Africa Micro Battery Market Breakdown by Type
10.4.6.4.2 Rest of Middle East & Africa Micro Battery Market Breakdown by Rechargeability
10.4.6.4.3 Rest of Middle East & Africa Micro Battery Market Breakdown by Application
10.5 South & Central America
10.5.1 South & Central America Micro Battery Market Overview
10.5.2 South & Central America Micro Battery Market Revenue and Forecasts to 2030 (US$ Million)
10.5.3 South & Central America Micro Battery Market Breakdown by Type
10.5.3.1 South & Central America Micro Battery Market and Forecasts and Analysis - By Type
10.5.4 South & Central America Micro Battery Market Breakdown by Rechargeability
10.5.4.1 South & Central America Micro Battery Market Revenue and Forecasts and Analysis - By Rechargeability
10.5.5 South & Central America Micro Battery Market Breakdown by Application
10.5.5.1 South & Central America Micro Battery Market Revenue and Forecasts and Analysis - By Application
10.5.6 South & Central America Micro Battery Market Revenue and Forecasts and Analysis - By Countries
10.5.6.1 Brazil Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.1.1 Brazil Micro Battery Market Breakdown by Type
10.5.6.1.2 Brazil Micro Battery Market Breakdown by Rechargeability
10.5.6.1.3 Brazil Micro Battery Market Breakdown by Application
10.5.6.2 Argentina Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.2.1 Argentina Micro Battery Market Breakdown by Type
10.5.6.2.2 Argentina Micro Battery Market Breakdown by Rechargeability
10.5.6.2.3 Argentina Micro Battery Market Breakdown by Application
10.5.6.3 Rest of South & Central America Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.3.1 Rest of South & Central America Micro Battery Market Breakdown by Type
10.5.6.3.2 Rest of South & Central America Micro Battery Market Breakdown by Rechargeability
10.5.6.3.3 Rest of South & Central America Micro Battery Market Breakdown by Application
11. Micro Battery Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 Molex LLC
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Murata Manufacturing Co Ltd
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Varta AG
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Duracell Inc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.5.1 Key Developments
14.5 RENATA SA
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Maxell Holdings, Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Seiko Instruments Inc
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Riot Energy Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Panasonic Energy Co Ltd
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Enfucell Flexible Electronics Ltd
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 Word Index
List of Tables
Table 1. Micro Battery Market Segmentation
Table 2. Micro Battery Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 4. Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – Rechargeability
Table 5. Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 6. North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 7. North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 8. North America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 9. North America Micro Battery Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 10. US Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. US Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 12. US Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. Canada Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. Canada Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 15. Canada Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. Mexico Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. Mexico Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 18. Mexico Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 19. Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 21. Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 22. Europe Micro Battery Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 23. France Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 24. France Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 25. France Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 26. Germany Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 27. Germany Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 28. Germany Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 29. UK Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 30. UK Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 31. UK Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 32. Italy Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 33. Italy Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 34. Italy Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 35. Russia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 36. Russia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 37. Russia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 38. Rest of Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 39. Rest of Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 40. Rest of Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 41. Asia Pacific Micro Battery Market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 42. Asia Pacific Micro Battery Market Revenue And Forecasts To 2030 (US$ Million) – Rechargeability
Table 43. Asia Pacific Micro Battery Market Revenue And Forecasts To 2030 (US$ Million) – Application
Table 44. Asia Pacific Micro Battery Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 45. Australia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 46. Australia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 47. Australia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 48. China Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 49. China Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 50. China Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 51. India Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 52. India Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 53. India Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 54. Japan Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 55. Japan Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 56. Japan Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 57. South Korea Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 58. South Korea Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 59. South Korea Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 60. Rest of Asia Pacific Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 61. Rest of Asia Pacific Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 62. Rest of Asia Pacific Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 63. Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 64. Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – By Rechargeability
Table 65. Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 66. Middle East and Africa Micro Battery Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 67. South Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 68. South Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 69. South Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 70. Saudi Arabia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 71. Saudi Arabia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 72. Saudi Arabia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 73. UAE Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 74. UAE Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 75. UAE Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 76. Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 77. Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 78. Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 79. South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 80. South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – By Rechargeability
Table 81. South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 82. South and Central America Micro Battery Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 83. Brazil Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 84. Brazil Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 85. Brazil Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 86. Argentina Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 87. Argentina Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 88. Argentina Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 89. Rest of South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 90. Rest of South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Rechargeability
Table 91. Rest of South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 92. Company Positioning & Concentration
Table 93. List of Abbreviation
List of Figures
Figure 1. Micro Battery Market Segmentation, By Geography
Figure 2. Global– PEST Analysis
Figure 3. Ecosystem: Micro Battery Market
Figure 4. Micro Battery Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Micro Battery Market Breakdown by Geography, 2022 and 2030 (%)
Figure 7. Micro Battery Market Revenue (US$ Million), 2022 & 2030
Figure 8. Micro Battery Market Share (%) – Type, 2022 and 2030
Figure 9. Button Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Thin Film Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Solid State Chip Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Micro Battery Market Share (%) – Rechargeability, 2022 and 2030
Figure 13. Primary Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Secondary Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Micro Battery Market Share (%) – Application, 2022 and 2030
Figure 16. Consumer Electronics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Medical Devices Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Smart Packing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Wireless Sensor Nodes Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Micro Battery Market Revenue Share, By Region (2022 & 2030)
Figure 22. Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Micro Battery Market Breakdown by Type (2022 and 2030)
Figure 24. Micro battery market Breakdown by Rechargeability, 2022 and 2030 (%)
Figure 25. Micro battery market Breakdown by Application, 2022 and 2030 (%)
Figure 26. Micro battery market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 27. US Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Canada Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Mexico Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Micro Battery Market Breakdown by Type (2022 and 2030)
Figure 32. Micro Battery Market Breakdown by Rechargeability (2022 and 2030)
Figure 33. Micro Battery Market Breakdown by Application (2022 and 2030)
Figure 34. Micro battery market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 35. France Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. Germany Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. UK Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. Italy Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. Russia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Rest of Europe Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. Asia Pacific Micro Battery Market Revenue And Forecasts To 2030 (US$ Million)
Figure 42. Asia Pacific Micro Battery Market Breakdown by Type (2022 and 2023)
Figure 43. Asia Pacific Micro Battery Market Breakdown by Rechargeability (2022 and 2023)
Figure 44. Asia Pacific Micro Battery Market Breakdown by Application (2022 and 2023)
Figure 45. Asia Pacific Micro Battery Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 46. Australia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 47. China Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. India Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. Japan Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. South Korea Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. Rest of Asia Pacific Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Micro Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 53. Middle East & Africa Micro Battery Market Breakdown by Type (2022 and 2023)
Figure 54. Middle East & Africa Micro Battery Market Breakdown by Rechargeability (2022 and 2023)
Figure 55. Middle East & Africa Micro Battery Market Breakdown by Application (2022 and 2023)
Figure 56. Micro Battery Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 57. South Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 58. Saudi Arabia Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 59. UAE Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 61. Micro Battery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 62. South & Central America Micro Battery Market Breakdown by Type (2022 and 2023)
Figure 63. South & Central America Micro Battery Market Breakdown by Rechargeability (2022 and 2023)
Figure 64. South & Central America Micro Battery Market Breakdown by Application (2022 and 2023)
Figure 65. Micro Battery Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 66. Brazil Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 67. Argentina Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 68. Rest of South & Central America Micro Battery Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 69. Heat Map Analysis By Key Players
The List of Companies - Micro Battery Market
- Molex LLC
- Murata Manufacturing Co Ltd
- Varta AG
- Duracell Inc
- RENATA SA
- Maxell Holdings, Ltd
- Seiko Instruments Inc
- Riot Energy Inc
- Panasonic Energy Co Ltd
- Enfucell Flexible Electronics Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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