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Flexible Battery Market worth $296 million by 2025

The flexible battery market is projected to grow from USD 98 million in 2020 to USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% from 2020 to 2025. The growth of this market is likely to be driven by rising number of research and development activities for developing flexible batteries for wearable devices, increasing use of thin and flexible batteries in flexible electronic devices, ongoing miniaturization of electronic devices, surging demand for flexible batteries in IoT applications, and increasing use of flexible batteries in medical devices to treat COVID-19 patients. The report covers the flexible battery market segmented into type, voltage, capacity, rerchargeability, application, and region.

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Flexible Battery Market worth $296 million by 2025

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  1. Flexible Battery Market worth $296 million by 2025

  2. Overview • According to a new market research report "Flexible Battery Market with COVID-19 Update by Type (Thin-film, Printed), Voltage, Capacity, Rechargeability (Primary Batteries, Secondary Batteries), Application (Medical Devices, Smart Packaging), Region - Global Forecast to 2025", the flexible battery market is projected to grow from USD 98 million in 2020 to USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% from 2020 to 2025. The flexible battery industry is likely to exhibit lucrative growth potential during the forecast period.

  3. The flexible battery market in APAC is projected to grow at the highest CAGR during the forecast period. • Continuously increasing demand for IoT-enabled devices and portable consumer electronics in countries such as China, Japan, and South Korea is driving the growth of the flexible battery market in APAC. South Korea is home to companies such as LG Chem and Samsung SDI who have developed curved and flexible batteries to power their products such as smartphones, smart glasses, and wearable devices. In APAC, the popularity of smart packaging is continuously increasing, thereby driving the requirement of integrating flexible batteries with smart packaging.

  4. Key Market Players • Samsung SDI (South Korea), LG Chem (South Korea), EnfucellOy Ltd. (Finland), Blue Spark Technologies (US), Apple, Inc. (US), Panasonic (Japan), Ultralife Corporation (US), BrightVolt (US), Imprint Energy (US), Energy Diagnostics (UK), and Jenax (South Korea) are key players operating in the flexible battery market.

  5. summary • The flexible battery market is projected to grow from USD 98 million in 2020 to USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% from 2020 to 2025. The growth of this market is likely to be driven by rising number of research and development activities for developing flexible batteries for wearable devices, increasing use of thin and flexible batteries in flexible electronic devices, ongoing miniaturization of electronic devices, surging demand for flexible batteries in IoT applications, and increasing use of flexible batteries in medical devices to treat COVID-19 patients. The report covers the flexible battery market segmented into type, voltage, capacity, rerchargeability, application, and region.

  6. Table of Content • 1 INTRODUCTION (Page No. - 17)    1.1 OBJECTIVES OF THE STUDY    1.2 MARKET DEFINITION           1.2.1 INCLUSIONS AND EXCLUSIONS    1.3 STUDY SCOPE           1.3.1 MARKETS COVERED           1.3.2 YEARS CONSIDERED FOR THE STUDY    1.4 CURRENCY    1.5 LIMITATIONS    1.6 STAKEHOLDERS • . • . • . • 16 APPENDIX (Page No. - 155)     16.1 INSIGHTS OF INDUSTRY EXPERTS     16.2 DISCUSSION GUIDE

  7. Thank You

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