Market Overview:
The global batteries for smart wearables market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart wearable devices across different applications, such as military and protection, architecture, sports and fitness, transportation, fashion and entertainment, and medical. Additionally, the increasing adoption of lithium-ion (Li-On) batteries over other battery types is also contributing to the growth of this market. However, factors such as high replacement costs associated with smart wearable devices may restrain the growth of this market in some regions.
Product Definition:
Batteries for smart wearables are important because they provide the power necessary for the wearable to function. They usually last anywhere from one to five days, depending on the type of battery and how often it is used. Without a battery, a smart wearable would not be able to operate.
Li-On Battery:
A lithium-ion battery is an electrochemical device used for the storage and transfer of electrical energy. It works on the principle of oxidation and reduction of electrodes during discharge and charge cycles, respectively. The overall operation is similar to that of a rechargeable battery; however, there are some key differences between them such as weight, cost, chemistry (lithium or sodium), safety measures & applications etc., which are going to be covered in this article.
Li-Po Battery:
A lithium-ion polymer battery is an advanced rechargeable battery used in electronic devices such as smartwatches, tablets, and smartphones. It offers a lightweight design and high energy density. The growing demand for wearable technology products along with the rising penetration of mobile phones is expected to drive the market growth over the forecast period.
Application Insights:
The military and protection application segment led the global market in 2017. The increasing use of wearable devices for military and protection applications is expected to drive demand over the forecast period. Increasing incidences of road accidents, natural disasters, terrorism, etc., are leading to an increase in demand for wearable safety devices that include Global Positioning Systems (GPS), emergency call systems, breath monitors, heart rate monitors and others. This is further driving the growth of this segment.
The transportation application segment accounted for more than 20% share in 2017 owing to rising adoption of smart wearables by taxi drivers and bus conductors as they can track passenger movements real-time using GPS technology while passengers remain unaware about such tracking activities. Moreover, these devices help improve traffic management by monitoring vehicle locations at specific times or during congestion points along with other useful functions such as providing directions from one destination to another thereby contributing toward overall growth on a positive note.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for smartphones and tablets, along with rising applications of batteries in various consumer electronics such as remote controls, watches, toys and hearing aids. Increasing disposable income levels in developing countries including China and India are anticipated to fuel the demand for smart wearables over the next eight years.
Europe is estimated to account for a significant share of global revenue owing to stringent government regulations regarding carbon emissions from electric vehicles that hinder their adoption rate compared with conventional gasoline-powered vehicles. Moreover, growing investments by companies such as Tesla Motors Inc.
Growth Factors:
- Increasing demand for smart wearable devices: The global market for smart wearable devices is expected to grow at a CAGR of more than 20% during the forecast period. This is mainly due to the increasing demand for fitness and health tracking devices, as well as portable entertainment devices.
- Development of advanced battery technologies: The development of advanced battery technologies such as lithium-ion polymer batteries and silicon-based anodes is expected to drive the growth of the batteries for smart wearables market during the forecast period. These advanced battery technologies offer high energy density, longer life cycle, and improved safety features compared to traditional battery chemistries.
- Growing popularity of wireless charging technology: Wireless charging technology is becoming increasingly popular among consumers owing to its convenience and ease-of-use. This technology eliminates the need for cables and connectors, which can often be cumbersome and prone to damage or loss .
Scope Of The Report
Report Attributes
Report Details
Report Title
Batteries for Smart Wearables Market Research Report
By Type
Li-On Battery, Li-Po Battery
By Application
Military and Protection, Architecture, Sports and Fitness, Transportation, Fashion and Entertainment, Medical
By Companies
Enfucell, Guangzhou FULLRIVER Battery New Technology, LG Chem, Samsung SDI, Accutronics, Blue Spark Technologies, BrightVolt, Cymbet, IMPRINT ENERGY, Infineon Technologies, Enfucell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Batteries for Smart Wearables Market Report Segments:
The global Batteries for Smart Wearables market is segmented on the basis of:
Types
Li-On Battery, Li-Po Battery
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military and Protection, Architecture, Sports and Fitness, Transportation, Fashion and Entertainment, Medical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Enfucell
- Guangzhou FULLRIVER Battery New Technology
- LG Chem
- Samsung SDI
- Accutronics
- Blue Spark Technologies
- BrightVolt
- Cymbet
- IMPRINT ENERGY
- Infineon Technologies
- Enfucell
Highlights of The Batteries for Smart Wearables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Li-On Battery
- Li-Po Battery
- By Application:
- Military and Protection
- Architecture
- Sports and Fitness
- Transportation
- Fashion and Entertainment
- Medical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Batteries for Smart Wearables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Batteries for smart wearables are small, rechargeable cells that power wearable devices. They allow people to stay connected and active even when they're not near an outlet.
Some of the major players in the batteries for smart wearables market are Enfucell, Guangzhou FULLRIVER Battery New Technology, LG Chem, Samsung SDI, Accutronics, Blue Spark Technologies, BrightVolt, Cymbet, IMPRINT ENERGY, Infineon Technologies, Enfucell.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Batteries for Smart Wearables Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Batteries for Smart Wearables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Batteries for Smart Wearables Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Batteries for Smart Wearables Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Batteries for Smart Wearables Market Size & Forecast, 2018-2028
4.5.1 Batteries for Smart Wearables Market Size and Y-o-Y Growth
4.5.2 Batteries for Smart Wearables Market Absolute $ Opportunity
Chapter 5 Global Batteries for Smart Wearables Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Batteries for Smart Wearables Market Size Forecast by Type
5.2.1 Li-On Battery
5.2.2 Li-Po Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Batteries for Smart Wearables Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Batteries for Smart Wearables Market Size Forecast by Applications
6.2.1 Military and Protection
6.2.2 Architecture
6.2.3 Sports and Fitness
6.2.4 Transportation
6.2.5 Fashion and Entertainment
6.2.6 Medical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Batteries for Smart Wearables Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Batteries for Smart Wearables Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Batteries for Smart Wearables Analysis and Forecast
9.1 Introduction
9.2 North America Batteries for Smart Wearables Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Batteries for Smart Wearables Market Size Forecast by Type
9.6.1 Li-On Battery
9.6.2 Li-Po Battery
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Batteries for Smart Wearables Market Size Forecast by Applications
9.10.1 Military and Protection
9.10.2 Architecture
9.10.3 Sports and Fitness
9.10.4 Transportation
9.10.5 Fashion and Entertainment
9.10.6 Medical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Batteries for Smart Wearables Analysis and Forecast
10.1 Introduction
10.2 Europe Batteries for Smart Wearables Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Batteries for Smart Wearables Market Size Forecast by Type
10.6.1 Li-On Battery
10.6.2 Li-Po Battery
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Batteries for Smart Wearables Market Size Forecast by Applications
10.10.1 Military and Protection
10.10.2 Architecture
10.10.3 Sports and Fitness
10.10.4 Transportation
10.10.5 Fashion and Entertainment
10.10.6 Medical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Batteries for Smart Wearables Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Batteries for Smart Wearables Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Batteries for Smart Wearables Market Size Forecast by Type
11.6.1 Li-On Battery
11.6.2 Li-Po Battery
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Batteries for Smart Wearables Market Size Forecast by Applications
11.10.1 Military and Protection
11.10.2 Architecture
11.10.3 Sports and Fitness
11.10.4 Transportation
11.10.5 Fashion and Entertainment
11.10.6 Medical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Batteries for Smart Wearables Analysis and Forecast
12.1 Introduction
12.2 Latin America Batteries for Smart Wearables Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Batteries for Smart Wearables Market Size Forecast by Type
12.6.1 Li-On Battery
12.6.2 Li-Po Battery
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Batteries for Smart Wearables Market Size Forecast by Applications
12.10.1 Military and Protection
12.10.2 Architecture
12.10.3 Sports and Fitness
12.10.4 Transportation
12.10.5 Fashion and Entertainment
12.10.6 Medical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Batteries for Smart Wearables Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Batteries for Smart Wearables Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Batteries for Smart Wearables Market Size Forecast by Type
13.6.1 Li-On Battery
13.6.2 Li-Po Battery
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Batteries for Smart Wearables Market Size Forecast by Applications
13.10.1 Military and Protection
13.10.2 Architecture
13.10.3 Sports and Fitness
13.10.4 Transportation
13.10.5 Fashion and Entertainment
13.10.6 Medical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Batteries for Smart Wearables Market: Competitive Dashboard
14.2 Global Batteries for Smart Wearables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Enfucell
14.3.2 Guangzhou FULLRIVER Battery New Technology
14.3.3 LG Chem
14.3.4 Samsung SDI
14.3.5 Accutronics
14.3.6 Blue Spark Technologies
14.3.7 BrightVolt
14.3.8 Cymbet
14.3.9 IMPRINT ENERGY
14.3.10 Infineon Technologies
14.3.11 Enfucell
