DUBLIN, Nov. 23, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/n854d3/flexible_battery) has announced the addition of the "Flexible Battery Market by Technology (Thin-film Li-ion, Flexible Lithium Polymer, Printed, Curved, and Paper Battery), Chargeability, Application (Packaging, Smart Card, Wearable Electronics) and Region - Global Forecast to 2020" report to their offering.
The flexible battery market is witnessing rapid growth; it was valued at USD 50.89 Million in 2014, at USD 617.86 Million by 2020 and is expected to grow at a rate of 53.68% during the forecast period
This report describes the market trends, drivers, and challenges for the flexible battery market and forecasts the market between 2015 and 2020 on the basis of technology, chargeability, applications and geography. Factors driving the flexible battery market include increasing need for flexible battery in portable consumer electronics devices and wearable devices, growing trends of miniaturization of products, requirement of the thin battery to power smart cards and other applications.
The flexible battery market is witnessing rapid growth; it was valued at USD 50.89 Million in 2014, at USD 617.86 Million by 2020 and is expected to grow at a rate of 53.68% during the forecast period. The Thin-film li-ion battery accounts for the major share in the market. This segment accounted for a market share of -54% in 2014 and is also expected to grow at a higher CAGR of 46.54% between 2015 and 2020.
The APAC region is expected to be the fastest-growing region in the flexible battery market, growing at a CAGR of 60.13% between 2015 and 2020. In APAC, China accounted for a major market share of -35% in 2014 and it is also expected to grow at the highest CAGR of 62.22% between 2015 and 2020.
China is a developing economy and has a huge consumer electronics manufacturing capacity, which is one of the emerging applications for flexible battery. APAC is home to major consumer electronics manufacturers, namely, Samsung Electronics Co. Ltd. (South Korea), Panasonic Corp. (Japan), Sony Corp. (Japan), and LG Electronics Inc. (South Korea), which always focus on technology innovations.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights - Flexible Battery Market
5 Market Overview
6 Industry Trends
7 Market Analysis, By Technology
8 Market Analysis, By Chargeability
9 Market Analysis, By Application
10 Market Analysis, By Region
11 Competitive Landscape
12 Company Profiles
- Blue Spark Technologies, Inc.
- Brightvolt, Inc.
- Enfucell Oy Ltd.
- Guangzhou Fullriver Battery New Technology Co. Ltd.
- Lg Chem Ltd.
- Paper Battery Co. Inc.
- Rocket Electric Co., Ltd.
- Samsung Sdi Co., Ltd.
- Stmicroelectronics N.V.
- Ultralife Corporation
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SOURCE Research and Markets