Market Overview:
The global bendable and flexible secondary battery 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 wearable devices and IoT (cards) applications, and the growing demand for medical applications.
Product Definition:
A bendable or flexible secondary battery is a type of rechargeable battery that can be bent or flexed, enabling it to be used in curved or irregular shapes. This makes them well-suited for use in portable electronics, as they can conform to the device's shape. The importance of bendable and flexible secondary batteries lies in their ability to conform to the shape of devices, which allows for a more seamless design.
Bendable and flexible secondary battery market size was estimated to be over USD 1.0 billion in 2015. The growth is attributed to the increasing demand for wearable devices, which has led to a surge in demand for flexible batteries that can be integrated into clothing or accessories. These batteries are used as an alternative source of power for portable electronic devices such as watches, fitness trackers, smartphones, etc., which have high energy requirements but low battery capacity due to their compact design and lightweight structure.
0.25~0.38 mm:
0.25-0.38 mm thickness range is commonly used for making flexible and bendable batteries, which can be rolled up and down like a piece of paper. The most common applications of these batteries include electronic cigarettes, portable hand warmers, medical patches (healing devices), clothing or bags with integrated battery (luggage tags).
Application Insights:
The wearable devices application segment led the market and accounted for more than a 38% share of the global revenue in 2017. The Bendable & flexible secondary battery can be incorporated in various wearable products such as fitness bands, smartwatches, and glasses. These batteries are used to power electronic components such as digital watches and remote controllers that are integrated with smartphones or tablets.
The Internet of Things (IoT) cards application segment is projected to witness significant growth over the forecast period owing to increasing demand for low-power microcontrollers that operate on a single coin cell or on multiple coin cells. IoT card manufacturers focus on reducing board space by using bendable & flexible batteries which helps them achieve miniaturization targets required for key fobs, door openers, and other smart home appliances among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing investments in R&D, growing adoption of IoT devices, and rising demand for wearable devices. The region is also home to several key players such as Panasonic Corporation; LG Chem Ltd.; Samsung Electro-Mechanics Co., Ltd.; Tianjin Lishen Battery Co., Ltd.; and Amperex Technology Limited among others. These companies are actively engaged in developing advanced bendable batteries for various applications across different industries including medical, automotive, energy storage & solar power etc.
North America held a significant share of global revenue owing to high demand from the consumer electronics sector mainly due to increased penetration of smartphones with improved battery life span coupled with growing popularity of fitness wearables such as smartwatches & fitness bands among consumers globally.
Growth Factors:
- Increasing demand for bendable and flexible secondary batteries from the consumer electronics sector on account of their high energy density and low weight.
- Rising demand for bendable and flexible secondary batteries from the automotive sector as they are used in electric vehicles to store energy.
- Growing popularity of wearable devices that use bendable and flexible secondary batteries for power storage purposes.
- Proliferation of Internet of Things (IoT) devices that require small, lightweight, and high-energy density battery packs, which can be best met by bendable and flexible secondary batteries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bendable and Flexible Secondary Battery Market Research Report
By Type
<0.25 mm, 0.25~0.38 mm, >0.38 mm
By Application
Wearable Devices, IoT (Cards), Medical, Others
By Companies
LG Chem, Panasonic, Samsung SDI, ProLogium, STMicroelectronics, LG Chem
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Bendable and Flexible Secondary Battery Market Report Segments:
The global Bendable and Flexible Secondary Battery market is segmented on the basis of:
Types
<0.25 mm, 0.25~0.38 mm, >0.38 mm
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
Wearable Devices, IoT (Cards), Medical, Others
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:
- LG Chem
- Panasonic
- Samsung SDI
- ProLogium
- STMicroelectronics
- LG Chem
Highlights of The Bendable and Flexible Secondary Battery 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:
- <0.25 mm
- 0.25~0.38 mm
- >0.38 mm
- By Application:
- Wearable Devices
- IoT (Cards)
- Medical
- Others
- 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 Bendable and Flexible Secondary Battery 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
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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?
Bendable and flexible secondary battery refers to a type of rechargeable battery that can be bent or flexed in order to increase its storage capacity.
Some of the major players in the bendable and flexible secondary battery market are LG Chem, Panasonic, Samsung SDI, ProLogium, STMicroelectronics, LG Chem.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size & Forecast, 2018-2028
4.5.1 Bendable and Flexible Secondary Battery Market Size and Y-o-Y Growth
4.5.2 Bendable and Flexible Secondary Battery Market Absolute $ Opportunity
Chapter 5 Global Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size Forecast by Type
5.2.1 <0.25 mm
5.2.2 0.25~0.38 mm
5.2.3 >0.38 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size Forecast by Applications
6.2.1 Wearable Devices
6.2.2 IoT (Cards)
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Analysis and Forecast
9.1 Introduction
9.2 North America Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size Forecast by Type
9.6.1 <0.25 mm
9.6.2 0.25~0.38 mm
9.6.3 >0.38 mm
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 Bendable and Flexible Secondary Battery Market Size Forecast by Applications
9.10.1 Wearable Devices
9.10.2 IoT (Cards)
9.10.3 Medical
9.10.4 Others
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 Bendable and Flexible Secondary Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size Forecast by Type
10.6.1 <0.25 mm
10.6.2 0.25~0.38 mm
10.6.3 >0.38 mm
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 Bendable and Flexible Secondary Battery Market Size Forecast by Applications
10.10.1 Wearable Devices
10.10.2 IoT (Cards)
10.10.3 Medical
10.10.4 Others
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 Bendable and Flexible Secondary Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size Forecast by Type
11.6.1 <0.25 mm
11.6.2 0.25~0.38 mm
11.6.3 >0.38 mm
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 Bendable and Flexible Secondary Battery Market Size Forecast by Applications
11.10.1 Wearable Devices
11.10.2 IoT (Cards)
11.10.3 Medical
11.10.4 Others
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 Bendable and Flexible Secondary Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Bendable and Flexible Secondary Battery 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 Bendable and Flexible Secondary Battery Market Size Forecast by Type
12.6.1 <0.25 mm
12.6.2 0.25~0.38 mm
12.6.3 >0.38 mm
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 Bendable and Flexible Secondary Battery Market Size Forecast by Applications
12.10.1 Wearable Devices
12.10.2 IoT (Cards)
12.10.3 Medical
12.10.4 Others
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) Bendable and Flexible Secondary Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bendable and Flexible Secondary Battery 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) Bendable and Flexible Secondary Battery Market Size Forecast by Type
13.6.1 <0.25 mm
13.6.2 0.25~0.38 mm
13.6.3 >0.38 mm
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) Bendable and Flexible Secondary Battery Market Size Forecast by Applications
13.10.1 Wearable Devices
13.10.2 IoT (Cards)
13.10.3 Medical
13.10.4 Others
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 Bendable and Flexible Secondary Battery Market: Competitive Dashboard
14.2 Global Bendable and Flexible Secondary Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Chem
14.3.2 Panasonic
14.3.3 Samsung SDI
14.3.4 ProLogium
14.3.5 STMicroelectronics
14.3.6 LG Chem
