Asia Pacific Micro Battery Market
Asia Pacific Micro Battery Market, By Type (Thin-Film Battery, Printed Battery, Solid-State Chip Battery, Button Battery); By Rechargeability (Primary Battery, Secondary Battery); By Capacity (Below 10 mAh, 10–100 mAh, Above 100 mAh); By Application (Consumer Electronics, Medical Devices, Smart Packaging, Smart Cards, Wireless Sensor Nodes); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: December 2023
- Report ID: BWC231017
- Available Format: PDF
- Page: 200
Report Overview
A spurring demand for compact and energy-efficient electronic devices, rapid technological advancements in portable electronics, the growing trend of miniaturization, the increasing adoption of IoT and wearable devices are expected to drive the growth of Asia-Pacific Micro Battery Market during the forecast period between 2023 and 2029.
Asia Pacific Micro Battery Market – Industry Trends & Forecast Report, 2029
Asia-Pacific Micro Battery Market size was estimated at USD 74.25 million in 2022. During the forecast period between 2023 and 2029, the size of Asia-Pacific Micro Battery Market is projected to grow at a CAGR of 22.96% reaching a value of USD 256.62 million by 2029. Asia-Pacific Micro Battery Market is driven by escalating demand for compact, energy-efficient devices in consumer electronics, healthcare, and automotive sectors. The proliferation of wearable gadgets, IoT devices, and portable medical equipment fuels the need for small-sized, high-performance batteries. Also, advancements in technology, such as miniaturization and improved energy density, stimulate market growth. Rising level of disposable income, urbanization, and the expanding middle-class population further amplify the adoption of micro batteries across the Asia-Pacific region. The pursuit of sustainable energy solutions and government initiatives promoting electric vehicles also contribute to the market's positive trajectory.
Micro Battery – Overview
Micro batteries are compact energy storage devices designed for small electronic applications such as microelectromechanical systems (MEMS), medical implants, and miniature sensors. These batteries, often with dimensions in the millimeter or sub-millimeter range, deliver reliable power for extended periods. They leverage advanced materials and technologies to provide high energy density in a miniaturized form. Micro batteries play a crucial role in powering devices where conventional batteries are impractical due to size constraints. Their development is driven by the growing demand for compact, efficient power sources in various industries, enabling advancements in portable electronics and emerging technologies.
Asia-Pacific Micro Battery Market
Growth Drivers
Increasing Production and Adoption of Consumer Electronic Goods
Asia-Pacific Micro Battery Market experiences robust growth driven by the escalating production and widespread adoption of consumer electronic goods. As the demand for smartphones, wearables, and other portable devices surges across the region, the need for compact and efficient micro batteries intensifies. Manufacturers are capitalizing on this trend, expanding production capacities and enhancing technological capabilities to meet the escalating demand. The deepening penetration of consumer electronic goods acts as a key growth driver, propelling the Asia-Pacific Micro Battery Market to new heights as micro batteries cater to the evolving power requirements of modern, energy-efficient devices.
Restraints
Limited Battery Life and Capacity of Micro Battery
As the Asia-Pacific Micro Battery Market faces challenges with the limited battery life and capacity of micro batteries, breakthroughs in energy-dense materials emerge as a key growth driver. Innovations in nanotechnology and electrode designs enhance energy storage capabilities, extending battery life and increasing capacity. This transformative shift addresses the region's demand for compact, long-lasting power sources in diverse applications, from wearable devices to IoT solutions. With ongoing R&D fostering energy efficiency, the Asia-Pacific Micro Battery Market is poised for accelerated growth, offering sustainable solutions to overcome the limitations posed by traditional micro battery technologies.
Asia-Pacific Micro Battery Market
Segmental Coverage
Asia-Pacific Micro Battery Market – By Type
Based on type, Asia-Pacific Micro Battery Market is divided into Thin-Film Battery, Printed Battery, Solid-State Chip Battery, and Button Battery segments. The thin-film battery segment emerging as the largest, followed by printed battery, solid-state chip battery, and button battery. Thin-film battery technology leads the market, reflecting its prominence in various applications. This dominance is attributed to its thin, flexible design, making it suitable for diverse electronic devices. As technology advancements continue, Thin-film battery remains a pivotal driver in the region's micro battery market, contributing significantly to its growth and innovation across industries.
Asia-Pacific Micro Battery Market – By Rechargeability
Based on rechargeability, Asia-Pacific Micro Battery Market is bifurcated into Primary Battery and Secondary Battery segments. While both segments play crucial roles in powering various devices, the secondary battery segment is notably larger, encompassing rechargeable battery technologies. It includes lithium-ion batteries and other rechargeable variants, which are extensively utilized in electronic devices, electric vehicles, and renewable energy storage systems. The prominence of the secondary battery segment underscores the region's increasing demand for efficient and sustainable energy storage solutions, driving advancements in rechargeable battery technologies across diverse applications in the Asia-Pacific market.
Asia-Pacific Micro Battery Market – By Capacity
By capacity, Asia-Pacific Micro Battery Market is divided into Below 10 mAh, 10–100 mAh, and Above 100 mAh segments. The above 100 mAh segment is the largest segment in the market by capacity. This segment likely represents a significant portion of the market, indicating a growing demand for higher-capacity micro batteries in the region. The need for robust and powerful energy solutions in various electronic devices is driving this particular segment's dominance, reflecting a trend toward more advanced and energy-intensive technologies in the Asia-Pacific region.
Asia-Pacific Micro Battery Market – By Application
By application, Asia-Pacific Micro Battery Market is divided into Consumer Electronics, Medical Devices, Smart Packaging, Smart Cards, and Wireless Sensor Nodes. The consumer electronics application segment holds the largest share. This dominant segment reflects the increasing demand for micro batteries in smartphones, wearables, and other electronic gadgets. The market also extends its influence into crucial industries, such as medical devices, smart packaging, smart cards, and wireless sensor nodes. However, The consumer electronics segment stands out as the primary driver, emphasizing the pivotal role micro batteries play in powering the region's burgeoning electronic landscape. As technological advancements continue, the consumer electronics segment is poised to sustain its lead in shaping the trajectory of the Asia-Pacific Micro Battery Market.
Asia-Pacific Micro Battery Market – By Country
Geographically, Asia-Pacific Micro Battery Market is divided into China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, and Rest of APAC. China emerging as the largest contributor, followed by significant markets in India, Japan, and South Korea. These key players drive technological advancements and market growth. Also, Australia & New Zealand, Indonesia, Malaysia, Singapore, and Vietnam play pivotal roles, collectively shaping the regional landscape. The rest of APAC segment underscores the presence of smaller yet noteworthy markets. Overall, China holds a prominent position, steering the region's micro battery market, while other countries contribute to the dynamic and evolving industry landscape.
Competitive Landscape
Major players in the Asia-Pacific Micro Battery Market include Cymbet, Seiko Instruments Inc., Enfucell Oy, Ultralife Corporation, Blue Spark Technologies, TDK Corporation, and Panasonic Corporation. To enhance their market share and expand their reach, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC |
Product/Service Segmentation |
Type, Rechargeability, Capacity, Application, Country |
Key Players |
Cymbet, Seiko Instruments Inc., Enfucell Oy, Ultralife Corporation, Blue Spark Technologies, TDK Corporation, Panasonic Corporation |
By Type
-
Thin-Film Battery
-
Printed Battery
-
Solid-State Chip Battery
-
Button Battery
By Rechargeability
-
Primary Battery
-
Secondary Battery
By Capacity
-
Below 10 mAh
-
Between 10 mAh and 100 mAh
-
Above 100 mAh
By Application
-
Consumer Electronics
-
Medical Devices
-
Smart Packaging
-
Smart Cards
-
Wireless Sensor Nodes
By Country
-
China
-
India
-
Japan
-
South Korea
-
Australia & New Zealand
-
Indonesia
-
Malaysia
-
Singapore
-
Vietnam
-
Rest of APAC
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- APAC Micro Battery Market Insights
- Application Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increasing production and penetration of consumer electronic goods
- Growing demand for micro batteries in IoT devices
- Restraints
- Limited battery life and capacity of micro battery
- Opportunities
- Advancement in technology
- Challenges
- Stringent government regulations
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Asia-Pacific Micro Battery Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Thin-Film Battery
- Printed Battery
- Solid-State Chip Battery
- Button Battery
- By Rechargeability
- Primary Battery
- Secondary Battery
- By Capacity
- Below 10 mAh
- 10–100 mAh
- Above 100 mAh
- By Capacity
- Consumer Electronics
- Medical Devices
- Smart Packaging
- Smart Cards
- Wireless Sensor Nodes
- Others
- By Country
- China
- India
- Japan
- South Korea
- Australia & New Zealand
- Indonesia
- Malaysia
- Singapore
- Vietnam
- Rest of APAC
- By Type
- Market Size & Forecast, 2019–2029
- China Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- India Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Japan Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- South Korea Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Australia & New Zealand Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Indonesia Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Malaysia Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Singapore Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Vietnam Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Rest of APAC Micro Battery Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Rechargeability
- By Capacity
- By Application
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Asia-Pacific Micro Battery Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Asia-Pacific Micro Battery Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Cymbet
- Seiko Instruments Inc.
- Enfucell Oy
- Ultralife Corporation
- Blue Spark Technologies
- TDK Corporation
- Panasonic Corporation
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Country
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Asia-Pacific Micro Battery Segmentation
Figure 2 Asia-Pacific Micro Battery Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Asia-Pacific Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 5 Asia-Pacific Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 6 Asia-Pacific Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 7 Asia-Pacific Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 8 Asia-Pacific Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 9 Asia-Pacific Micro Battery Market Share, By Country, By Value, 2019–2029
Figure 10 China Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 11 China Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 12 China Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 13 China Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 14 China Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 15 India Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 16 India Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 17 India Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 18 India Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 19 India Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 20 Japan Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 21 Japan Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 22 Japan Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 23 Japan Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 24 Japan Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 25 South Korea Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 26 South Korea Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 27 South Korea Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 28 South Korea Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 29 South Korea Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 30 Australia & New Zealand Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 31 Australia & New Zealand Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 32 Australia & New Zealand Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 33 Australia & New Zealand Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 34 Australia & New Zealand Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 35 Indonesia Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 36 Indonesia Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 37 Indonesia Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 38 Indonesia Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 39 Indonesia Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 40 Malaysia Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 41 Malaysia Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 42 Malaysia Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 43 Malaysia Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 44 Malaysia Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 45 Singapore Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 46 Singapore Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 47 Singapore Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 48 Singapore Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 49 Singapore Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 50 Vietnam Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 51 Vietnam Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 52 Vietnam Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 53 Vietnam Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 54 Vietnam Micro Battery Market Share, By Application, By Value, 2019–2029
Figure 55 Rest of APAC Micro Battery Market Size, By Value (USD Million), 2019–2029
Figure 56 Rest of APAC Micro Battery Market Share, By Type, By Value, 2019–2029
Figure 57 Rest of APAC Micro Battery Market Share, By Rechargeability, By Value, 2019–2029
Figure 58 Rest of APAC Micro Battery Market Share, By Capacity, By Value, 2019–2029
Figure 59 Rest of APAC Micro Battery Market Share, By Application, By Value, 2019–2029
List of Tables
Table 1 Asia-Pacific Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 2 Asia-Pacific Micro Battery Market Size, By Type, By Value, 2019–2029
Table 3 Asia-Pacific Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 4 Asia-Pacific Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 5 Asia-Pacific Micro Battery Market Size, By Application, By Value, 2019–2029
Table 6 Asia-Pacific Micro Battery Market Size, By Country, By Value, 2019–2029
Table 7 China Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 8 China Micro Battery Market Size, By Type, By Value, 2019–2029
Table 9 China Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 10 China Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 11 China Micro Battery Market Size, By Application, By Value, 2019–2029
Table 12 India Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 13 India Micro Battery Market Size, By Type, By Value, 2019–2029
Table 14 India Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 15 India Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 16 India Micro Battery Market Size, By Application, By Value, 2019–2029
Table 17 Japan Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 18 Japan Micro Battery Market Size, By Type, By Value, 2019–2029
Table 19 Japan Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 20 Japan Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 21 Japan Micro Battery Market Size, By Application, By Value, 2019–2029
Table 22 South Korea Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 23 South Korea Micro Battery Market Size, By Type, By Value, 2019–2029
Table 24 South Korea Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 25 South Korea Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 26 South Korea Micro Battery Market Size, By Application, By Value, 2019–2029
Table 27 Australia & New Zealand Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 28 Australia & New Zealand Micro Battery Market Size, By Type, By Value, 2019–2029
Table 29 Australia & New Zealand Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 30 Australia & New Zealand Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 31 Australia & New Zealand Micro Battery Market Size, By Application, By Value, 2019–2029
Table 32 Indonesia Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 33 Indonesia Micro Battery Market Size, By Type, By Value, 2019–2029
Table 34 Indonesia Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 35 Indonesia Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 36 Indonesia Micro Battery Market Size, By Application, By Value, 2019–2029
Table 37 Malaysia Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 38 Malaysia Micro Battery Market Size, By Type, By Value, 2019–2029
Table 39 Malaysia Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 40 Malaysia Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 41 Malaysia Micro Battery Market Size, By Application, By Value, 2019–2029
Table 42 Singapore Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 43 Singapore Micro Battery Market Size, By Type, By Value, 2019–2029
Table 44 Singapore Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 45 Singapore Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 46 Singapore Micro Battery Market Size, By Application, By Value, 2019–2029
Table 47 Vietnam Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 48 Vietnam Micro Battery Market Size, By Type, By Value, 2019–2029
Table 49 Vietnam Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 50 Vietnam Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 51 Vietnam Micro Battery Market Size, By Application, By Value, 2019–2029
Table 52 Rest of APAC Micro Battery Market Size, By Value (USD Million), 2019–2029
Table 53 Rest of APAC Micro Battery Market Size, By Type, By Value, 2019–2029
Table 54 Rest of APAC Micro Battery Market Size, By Rechargeability, By Value, 2019–2029
Table 55 Rest of APAC Micro Battery Market Size, By Capacity, By Value, 2019–2029
Table 56 Rest of APAC Micro Battery Market Size, By Application, By Value, 2019–2029
Table 57 Cymbet Company Overview
Table 58 Cymbet Financial Overview
Table 59 Seiko Instruments Inc. Company Overview
Table 60 Seiko Instruments Inc. Financial Overview
Table 61 Enfucell Oy Company Overview
Table 62 Enfucell Oy Financial Overview
Table 63 Ultralife Corporation Company Overview
Table 64 Ultralife Corporation Financial Overview
Table 65 Blue Spark Technologies Company Overview
Table 66 Blue Spark Technologies Financial Overview
Table 67 TDK Corporation Company Overview
Table 68 TDK Corporation Financial Overview
Table 69 Panasonic Corporation Company Overview
Table 70 Panasonic Corporation Financial Overview
Market Segmentation
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