Dublin, Nov. 16, 2020 (GLOBE NEWSWIRE) -- The "Flexible Battery - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Flexible Battery market accounted for $79.87 million in 2019 and is expected to reach $410.33 million by 2027 growing at a CAGR of 22.7% during the forecast period.
Growing demand for flexible batteries for use in wearables and increasing use of flexible batteries in medical devices to treat COVID-19 patients are the major factors driving the market growth. However, high initial investments for developing flexible batteries and lack of standardization for development of flexible batteries are restraining the market growth. Moreover, rise in adoption of wireless sensors equipped with flexible batteries may provide ample opportunities for the market growth.
Flexible batteries are both primary and secondary, that are designed to be conformal and flexible, unlike traditional rigid ones. They can maintain their characteristic shape even against continual bending or twisting. The increasing interest in portable and flexible electronics has led to the development of flexible batteries which can be implemented in products such as smart cards, wearable electronics.
Based on technology, the thin-film li-ion battery segment is likely to have a huge demand due to increasing demand for smart cards in telecommunication, banking, and transportation sectors for payment applications.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to continuously increasing demand for IoT-enabled devices and portable consumer electronics in countries such as China, Japan, and South Korea.
Some of the key players profiled in the Flexible Battery Market include Apple Inc, Blue Spark Technologies Inc, Brightvolt Inc, Enfucell Oy Ltd, Fullriver Battery New Technology Co Ltd, LG Chem Ltd, NEC Energy Solutions Inc, Panasonic Corp, Paper Battery Co Inc, Rocket Electric Co Ltd, Samsung SDI Co Ltd, ST Microelectronics N.V and Ultralife Corp.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Below 10 mAh
Between 10 mAh and 100 mAh
Above 100 mAh
Between 1.5V and 3V
Non-Rechargeable/ Single-Use Battery
Ionically Conductive Materials
Electrically Conductive Materials
Advanced Lithium Ion Batteries
Flexible Lithium Ion Batteries
Flexible Lithium Polymer
Flexible Solar Batteries
Flexible Zinc-Carbon Batteries
Laminar Fuel Cells
Lithium Polymer Batteries
Solid State Batteries
Thin Flexible Supercapacitor
Thin-Film li-ion Battery
Ultra-Thin Flexible Battery
Portable Electronics & Connected Devices
Radio-Frequency Identification (RFID)
Smart Cards (E-Cards)
Transport and Logistics
Wireless Sensors/ Communication/ Networks
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
Blue Spark Technologies Inc
Enfucell Oy Ltd
Fullriver Battery New Technology Co Ltd
LG Chem Ltd
NEC Energy Solutions Inc
Paper Battery Co Inc
Rocket Electric Co Ltd
Samsung SDI Co Ltd
ST Microelectronics N.V
For more information about this report visit https://www.researchandmarkets.com/r/9wfrvp
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