Global Micro Battery Market Report 2023: Increase in Adoption of Wearable Devices Drives Sector


Dublin, April 13, 2023 (GLOBE NEWSWIRE) -- The "Global Micro Battery Market (2023-2028) by Component, Type, Rechargeability, Capacity, Application, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to's offering.

The Global Micro Battery Market is estimated to be USD 572.55 Mn in 2023 and is expected to reach USD 1638.30 Mn by 2028, growing at a CAGR of 23.4%.

Market Dynamics


  • Increase in Adoption of Wearable Devices
  • Surges in Demand for Hands-Free Devices and IoT Devices
  • Complexities with Traditional Battery Technologies


  • High Investment for Development
  • Technical Inabilities of Micro Batteries


  • Increasing Miniature in Medical Devices and Smart Textiles
  • Rising Adoption of Wireless Sensors Equipped with Micro Batteries


  • Complexities in Fabrication
  • Lack of Standardization of Manufacturing Policies and Infrastructure

Market Segmentations

The Global Micro Battery Market is segmented based on Component, Type, Rechargeability, Capacity, Application, and Geography.

  • By Components, the market is classified into Electrodes, Electrolytes, Substrates, Current Collectors, and Others.
  • By Type, the market is classified into Thin-Film Battery, Printed Battery, Solid State Chip Battery, and Button Battery.
  • By Rechargeability, the market is classified into Primary Battery and Secondary Battery.
  • By Capacity, the market is classified into Below 10 mAh, Below 100 mAh, and Above 100 mAh.
  • By Application, the market is classified into Consumer Electronics, Medical Devices, Smart Packaging, Smart Cards, Wireless Sensor Mode, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Micro Battery Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Micro Battery Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Micro Battery Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages170
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$572.56 Million
Forecasted Market Value (USD) by 2028$1638.3 Million
Compound Annual Growth Rate23.4%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Micro Battery Market, By Components

7 Global Micro Battery Market, By Type

8 Global Micro Battery Market, By Rechargeability

9 Global Micro Battery Market, By Capacity

10 Global Micro Battery Market, By Application

11 Americas' Micro Battery Market

12 Europe's Micro Battery Market

13 Middle East and Africa's Micro Battery Market

14 APAC's Micro Battery Market

15 Competitive Landscape

16 Company Profiles

17 Appendix

Companies Mentioned

  • Amperex Technology Ltd.
  • Berkshire Hathaway (Duracell)
  • Blue Spark Technologies
  • Brightvolt Inc.
  • Cymbet Corp.
  • GMB Co., Ltd.
  • Grepow Battery
  • Ilika
  • Imprint Technology
  • Iten SA
  • LG Chem Ltd.
  • Maxell, Ltd.
  • Murata Manufacturing Co., Ltd.
  • Panasonic Corp.
  • Prologium Technology
  • Renata AG SA
  • Saft
  • STMicroelectronics N.V.
  • TDK Electronics Ag
  • Ultralife Corp.
  • Varta Ag

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Global Micro Battery Market

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