Market Overview:
The global micro battery market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for micro batteries from various applications, such as consumer electronics, medical equipment, industrial control, and others. Additionally, the growing trend of miniaturization is also propelling the growth of this market. Based on type, LR (alkaline), SR (silver oxide), CR (lithium), and others are some of the major segments in this market. The LR segment is expected to hold a dominant position in this market during the forecast period owing to its high adoption rate across various applications. By application, consumer electronics held a leading position in 2017 and is projected to maintain its dominance during the forecast period due to rising demand for portable devices such as smartphones and tablets.
Product Definition:
A micro battery is a small, coin-sized battery that is often used to power small devices like watches, hearing aids, and medical implants. They are also sometimes used in conjunction with solar panels to store energy collected from the sun. Micro batteries can be either disposable or rechargeable.
LR (Alkaline):
Alkaline is a base material used in the manufacturing of batteries. It has high electrochemical potential and offers higher energy density than other battery materials such as Li or Na. Alkaline batteries are commonly used in consumer electronics, electric toothbrushes, and smoke detectors among others owing to their low self-discharge rate and high power density.
SR (Silver Oxide):
SR is a silver oxide battery, which has higher energy density as compared to Ag or Al batteries. Silver oxide battery offers more advantages such as it can be charged up to 4.2V and has a capacity of 1000 mAh/g which is much higher than other batteries having the same voltage rating. It also provides longer shelf life when used in high drain devices such as LED flashlights and mobile phones among others.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for portable devices, such as smartphones and wearable gadgets. Increasingly sophisticated applications in electronic products are also expected to contribute significantly towards market growth.
Micro batteries have a wide range of applications across various industries including medical equipment, industrial control, UPS (uninterruptible power supply), communication equipment and transportation systems among others. Growing demand from rapidly growing technological sectors such as mobile phones & wearable devices is expected drive the industry¢â‚¬â„¢s growth over the forecast period.
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 electronic devices, especially in developing countries such as China and India. In addition, rising disposable income levels are anticipated to fuel the product demand further in this region.
The North American market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to growing product usage across a wide range of applications including medical equipment, consumer electronics, industrial control systems and others. Increasing R&D activities relatedto micro batteries are also likely drive their utilization across these end-use markets over the coming years.
Europe accounted for a major share of global revenue due its large number of battery manufacturers coupled with stringent regulations regarding waste disposal from primary production centers such as Japan.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing trend of wearable technology
- Proliferation of electric vehicles and hybrid vehicles
- Development of next-generation energy storage technologies
- Rising demand from the medical sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Battery Market Research Report
By Type
LR (Alkaline), SR (Silver Oxide), CR (Lithium), Others
By Application
Consumer Electronics, Medical Equipment, Industrial Control, Others
By Companies
Duracell, Murata Manufacturing, VARTA AG, Energizer, Maxell (Hitachi), Toshiba, Panasonic, Seiko Instruments Inc, Renata Batteries (Swatch Group), GP Batteries, Duracell, FDK, Zpower, Chung Pak Battery, NANFU
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Micro Battery Market Report Segments:
The global Micro Battery market is segmented on the basis of:
Types
LR (Alkaline), SR (Silver Oxide), CR (Lithium), Others
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
Consumer Electronics, Medical Equipment, Industrial Control, 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:
- Duracell
- Murata Manufacturing
- VARTA AG
- Energizer
- Maxell (Hitachi)
- Toshiba
- Panasonic
- Seiko Instruments Inc
- Renata Batteries (Swatch Group)
- GP Batteries
- Duracell
- FDK
- Zpower
- Chung Pak Battery
- NANFU
Highlights of The Micro 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:
- LR (Alkaline)
- SR (Silver Oxide)
- CR (Lithium)
- Others
- By Application:
- Consumer Electronics
- Medical Equipment
- Industrial Control
- 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 Micro 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A micro battery is a small, portable battery that typically has a capacity of 1,000 to 2,000 milliamp hours. They are used in devices such as hearing aids and medical implants.
Some of the major companies in the micro battery market are Duracell, Murata Manufacturing, VARTA AG, Energizer, Maxell (Hitachi), Toshiba, Panasonic, Seiko Instruments Inc, Renata Batteries (Swatch Group), GP Batteries, Duracell, FDK, Zpower, Chung Pak Battery, NANFU.
The micro battery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro 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 Micro Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro 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 Micro 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 Micro Battery Market Size & Forecast, 2020-2028
4.5.1 Micro Battery Market Size and Y-o-Y Growth
4.5.2 Micro Battery Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 LR (Alkaline)
5.2.2 SR (Silver Oxide)
5.2.3 CR (Lithium)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Medical Equipment
6.2.3 Industrial Control
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro 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 Micro 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 LR (Alkaline)
9.6.2 SR (Silver Oxide)
9.6.3 CR (Lithium)
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Medical Equipment
9.10.3 Industrial Control
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 LR (Alkaline)
10.6.2 SR (Silver Oxide)
10.6.3 CR (Lithium)
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Medical Equipment
10.10.3 Industrial Control
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 LR (Alkaline)
11.6.2 SR (Silver Oxide)
11.6.3 CR (Lithium)
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Medical Equipment
11.10.3 Industrial Control
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 LR (Alkaline)
12.6.2 SR (Silver Oxide)
12.6.3 CR (Lithium)
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Medical Equipment
12.10.3 Industrial Control
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 LR (Alkaline)
13.6.2 SR (Silver Oxide)
13.6.3 CR (Lithium)
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Medical Equipment
13.10.3 Industrial Control
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 Micro Battery Market: Competitive Dashboard
14.2 Global Micro Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Duracell
14.3.2 Murata Manufacturing
14.3.3 VARTA AG
14.3.4 Energizer
14.3.5 Maxell (Hitachi)
14.3.6 Toshiba
14.3.7 Panasonic
14.3.8 Seiko Instruments Inc
14.3.9 Renata Batteries (Swatch Group)
14.3.10 GP Batteries
14.3.11 Duracell
14.3.12 FDK
14.3.13 Zpower
14.3.14 Chung Pak Battery
14.3.15 NANFU
