The Global Flexible Batteries Market was valued at USD 325.11 Million in 2018 and is projected to reach USD 2.4 Billion by 2026, growing at a CAGR of 29% from 2019 to 2025.
The global flexible battery market demand is expected to show significant growth over the forecast period. Technological advances in the field of portable electronic devices are expected to drive the growth of the global flexible battery market in the coming years. The high cost associated with these batteries and the availability of low-cost options including lithium-ion, zinc, and nickel batteries have limited the commercial success of these batteries. However, improving R&D efforts can minimize product costs, which may lead to increased product demand over the forecast period. Flexible battery designs typically offer significant advantages over bulky counterparts. This technology is in a rapidly growing phase with improved design and performance. These batteries are expected to see high penetration rates with healthy demand across the consumer electronics sector, especially smart wearables. Flexible batteries are designed to be efficient when compared to large, heavy, and rigid conventional batteries. Some high-end companies like IBM and Exxon Mobil Corp. are investing heavily in flexible batteries.
A full report of Flexible Battery Market is available at: https://www.orionmarketreports.com/flexible-battery-market/43010/
Flexible Battery Market: Segmentation
The flexible battery market has been segmented by type, chargeability, application, and geography.
By Type
• Thin & printed
• Ultra-thin
By Chargeability
• Single-Use
• Rechargeable
By Application
• Wearable devices
• Smartwatch
• Smart Glasses
• Fitness Band
• Others
• Portable Electronics
• Military
• GPS Tracker
• Military Helmet
• Wearable Robots
• Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Flexible Battery Market Report
• What was the Flexible Battery Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Flexible Battery Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Flexible Battery Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
