The flexible battery market is expected to witness significant growth; it was valued at USD 69.6 million in 2015 and is expected to grow at a rate of 46.6% during the forecast period. The increasing development of miniaturized flexible and portable products with space constraints and the need for thin and flexible power sources to complement the design of flexible miniaturized electronic products are the key driving factors for the flexible battery market. The base year considered for the study is 2015 and the forecast period is considered between 2016 and 2022. The objective of the report is to provide a detailed analysis of the flexible battery market on the basis of type, chargeability, application, and geography. The report provides detailed information regarding the major factors influencing the growth of this market. It also gives a detailed overview of the value chain in the flexible battery market and analyzes the market trends with Porter's five forces analysis.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=190884508

The objectives of the report are as follows:

To define and segment the global flexible battery market
To provide detailed information regarding the major factors influencing the growth of the global market of flexible battery (drivers, restraints, opportunities, and challenges)
To analyze and forecast the market size of flexible battery, in terms of volume and value
To analyze the market segmentation and project the market size, in terms of volume and value, and for key regions such as North America, Europe, Asia-Pacific, South America, and Middle East & Africa
To analyze the competitive developments such as new product launches, capacity expansions, mergers & acquisitions, and partnerships & agreements, in the global flexible battery market
To strategically profile the key players in the global flexible battery market

The flexible battery ecosystem comprises raw material providers, battery manufacturers, system integrators, battery pack providers, and distributors. The players involved in the development of flexible battery include LG Chem Ltd. (South Korea), Samsung SDI Co., Ltd. (South Korea), STMicroelectronics N.V. (Switzerland), Blue Spark Technologies, Inc. (U.S.), and Enfucell Oy (Finland).

“Smart packaging application held the largest market size in the overall flexible battery market during the forecast period“

The smart packaging application of the flexible battery held the largest market size in terms of value in 2015. Smart packaging includes printed electronics products such as disposable batteries, sensors, printed displays, and circuits as well as other electronic features such as anti-theft tags, RFID tags, and smart labels. The packaging requirements have been growing over the years as the packaging of products has a direct impact on customers’ decisions. Therefore, packaging manufacturers are integrating sound and display text and interactive media in packages using flexible power sources. These factors are driving the growth of the market for the smart packaging application of the flexible battery market during the forecast period.

“Thin-film battery segment to hold the largest share and grow at the highest rate by 2022”

The thin-film battery type is expected to dominate the global flexible battery market between 2016 and 2022. Thin-film batteries are used widely in applications such as smart packaging, smart cards, wearable devices, and medical devices. The trend of miniaturization in the products used in these applications has increased the demand for thin-film batteries, thereby driving the growth of thin-film battery market significantly. Thin-film batteries have a low self-discharge rate and cost less than lithium polymer batteries. Thus, they have a huge demand in electronics devices, thereby driving the growth of the thin-film flexible battery market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441