Global Flexible Battery Market 2023-2027
Technavio has been monitoring the flexible battery market and is forecast to grow by $240.47 mn during 2022-2027, accelerating at a CAGR of 22.79% during the forecast period. Our report on the flexible battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for wearables, increase in number of application segments, and rising demand for flexible batteries in healthcare sector.
Technavio's flexible battery market is segmented as below:
By Application
- Wearable electronics
- Medical devices
- Smart packaging
- Others
By Type
- Rechargeable
- Non-Rechargeable
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing popularity of rechargeable printed batteries as one of the prime reasons driving the flexible battery market growth during the next few years. Also, recent advancements in flexible batteries and rise in adoption of wireless sensors equipped with flexible batteries will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the flexible battery market covers the following areas:
- Flexible battery market sizing
- Flexible battery market forecast
- Flexible battery market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible battery market vendors that include Appear Inc., Apple Inc., BrightVolt, Enfucell, Imprint Energy, Jenax Inc., LG Energy Solution Ltd., Lionrock batteries Ltd., Molex LLC, Nokia Corp., Panasonic Holdings Corp., Poly Plus Battery Co., ProLogium Technology Co. Ltd., ROCKET Poland Sp. z o.o., Routejade Inc., Samsung SDI Co. Ltd., Shenzhen Grepow Battery Co. Ltd., STMicroelectronics NV, Ultralife Corp., and Wealhand Enterprise Co. Ltd. Also, the flexible battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.