According to the new market research report “Flexible Battery Market by Type (Thin-Film (Lithium-Ion, Lithium Polymer), Printed, Curved), Chargeability (Rechargeable, Single-Use), Application (Packaging, Smart Card, Wearable Devices, Consumer Electronics, Medical Devices) – Global Forecast to 2022″, published by MarketsandMarketsTM, it was valued at USD 69.6 Million in 2015 and is estimated to be worth USD 958.4 Million by 2022, at a CAGR of 46.6% between 2016 and 2022.
Don’t miss out on business opportunities in Flexible Battery Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownload.asp?id=190884508
“Smart packaging application held the largest market size in the overall flexible battery market during the forecast period“
The smart packaging application of the flexible battery held the largest market size in terms of value in 2015. Smart packaging includes printed electronics products such as disposable batteries, sensors, printed displays, and circuits as well as other electronic features such as anti-theft tags, RFID tags, and smart labels. The packaging requirements have been growing over the years as the packaging of products has a direct impact on customers’ decisions. Therefore, packaging manufacturers are integrating sound and display text and interactive media in packages using flexible power sources. These factors are driving the growth of the market for the smart packaging application of the flexible battery market during the forecast period.
“Thin-film battery segment to hold the largest share and grow at the highest rate by 2022”
The thin-film battery type is expected to dominate the global flexible battery market between 2016 and 2022. Thin-film batteries are used widely in applications such as smart packaging, smart cards, wearable devices, and medical devices. The trend of miniaturization in the products used in these applications has increased the demand for thin-film batteries, thereby driving the growth of thin-film battery market significantly. Thin-film batteries have a low self-discharge rate and cost less than lithium polymer batteries. Thus, they have a huge demand in electronics devices, thereby driving the growth of the thin-film flexible battery market.
Ask for PDF @ https://www.marketsandmarkets.com/pdfdownload.asp?id=190884508
Browse and in-depth TOC on “Digital Signage Market ”
64 – Data Tables
47– Figures
150 – Pages
“APAC expected to grow at the highest rate between 2016 and 2022”
APAC is expected to be the fastest-growing market for flexible battery during the forecast period. Major consumer electronics manufacturers in this region are innovating their product designs to run on thin power sources for compatibility with the flexible designs of their products. Thus, the advancement of technology in the smart packaging, consumer electronics sector, and the growing popularity of wearable devices in this region ate the major factors fueling the growth of the flexible battery market in APAC. Moreover, the penetration of Internet of Things (IoT) in medical devices and the miniaturization of wireless devices would further drive the demand for thin and flexible batteries in this region.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=190884508
Major players involved in the development of flexible battery include Samsung SDI Co., Ltd. (South Korea), LG Chem Ltd. (South Korea), STMicroelectronics N.V. (Netherland), Enfucell Oy Ltd. (Finland), Blue Spark Technologies Ltd. (U.S.), Rocket Electric Co. ltd (South Korea), Fullriver Battery New Technology Co., Ltd. (China), Paper Battery Co. Inc. (U.S.), BrightVolt, Inc. (U.S.), Panasonic Corporation (Japan), Ultralife Corporation (U.S.), and NEC Energy Solutions (U.S.).
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/flexible-battery-market-190884508.html