Industry Background:
Flexible batteries are bendable, stretchable and lightweight in nature that can easily be used in intricate products with limited internal space. These batteries are widely used in wearable electronic devices such as smart glasses, smart watches, fitness bands, smart video/photo devices, and smart textiles, due to their characteristics. As the flexibility feature, it enables the battery to be rolled, folded, cut and adapt to complement any shape of the product. The demands for flexible batteries is expected to rise in the near future with demand owing IoT devices which are likely to require battery attributes such as rechargeability and wireless connection to external power supplies.This growth is primarily driven by Miniaturization of Electronic Devices and Growing Demand for Wearable Electronics.
Major Players, such as Apple Inc. (United States), Blue Spark Technology (United States), Brightvolt Inc. (United States), Enfucell Oy Ltd. (Finland), LG Chem (South Korea), Panasonic Corporation (Japan), Samsung SDI (South Korea) and Ultralife Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2016, Panasonic Corp. launched flexible lithium-ion batteries with a width of 0.55 millimeter (about 0.022 inches) for longer life of electronic devices.
Market Drivers
- Miniaturization of Electronic Devices
- Growing Demand for Wearable Electronics
Market Trend
Restraints
- High Initial Investment
- Lack of Standardization in the Development of Flexible Batteries
Opportunities
Flexible Lithium-Air Batteries in Next-Generation Wearable Electronics
Challenges
Absence of Material That Can Provide Sufficient Power Supply
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Flexible Batteries Study Sheds Light on
The Flexible Batteries Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Flexible Batteries industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Flexible Batteries industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.