Global Fibre Batteries Market is valued at approximately USD 62.5 million in 2021 and is anticipated to grow with a healthy growth rate of more than 21.1% over the forecast period 2022-2029. Fibre batteries are millimeter-thin batteries made of fibres that are specially used to power low-powered wearable medical and consumer devices. These batteries are developed to provide low energy storage value compared to conventional energy storage devices. The global market growth is primarily influenced by the factors such as rising use of advanced tools and technologies such as AI and 5G, growing investment in the integration of various digital technologies, ongoing miniaturization of electronic devices, and high demand for flexible batteries in IoT applications.
The surge in demand for flexible batteries in wearables and flexible electronic devices is acting as a major driving factor for the market growth across the globe. According to Statista, the number of connected wearable devices worldwide was value at 593 million in 2018, which is expected to reach 1,105 million devices by the end of 2022. Thereby, the rising penetration and rise in awareness about the benefits of the smart electronic wearable is further supporting the development of the fibre battery market. Furthermore, the rising advancements in fibre batteries, as well as increasing number of strategic initiatives by the key market players are leveraging various prospects for the market growth over the anticipated years. However, stringent regulatory framework in developing economies and lack of standardization stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Fibre Batteries Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the presence of leading market players, along with the rise in focus on the use of eco-friendly energy storage sources for portable electronic and medical devices. Whereas, North America is expected to grow with the significant growth rate during the forecast period, owing to factors such as growing innovation in portable monitoring and energy storage equipment, as well as the rising investments towards the military sector in the regional market.
Major market players included in this report are:
- Bren-Tronics, Inc.
- Inventus Power
- Navitas Advanced Solutions Group
- Ultralife Corp.
- Lionrock Batteries
- Hitachi Ltd.
- Planar Energy
- Saft Batteries
- Brightvolt Batteries
- ProLogium
Recent Developments in the Market:
- In December 2021, MIT engineers stated that the create the world's longest flexible fiber battery that can be woven and washed. Also, the battery is 140 meters long, which offers power for fiber-based electronic devices and sensors.
Global Fibre Batteries Market Report Scope:
- Historical Data 2019-2020-2021
- Base Year for Estimation 2021
- Forecast period 2022-2029
- Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered Type, Rechargeability, Capacity, End-Use, Region
- Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
By Rechargeability:
By Capacity:
- Below 10 mAh
- 10 mAh -100 mAh
- Above 100 mAh
By End-Use:
- Consumer Electronics
- Smart Packaging
- Smart Cards
- Medical Devices
- Wireless Sensors
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Fibre Batteries Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Fibre Batteries Market, by Type, 2019-2029 (USD Million)
- 1.2.3. Fibre Batteries Market, by Rechargeability, 2019-2029 (USD Million)
- 1.2.4. Fibre Batteries Market, by Capacity, 2019-2029 (USD Million)
- 1.2.5. Fibre Batteries Market, by End-Use, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Fibre Batteries Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Fibre Batteries Market Dynamics
- 3.1. Fibre Batteries Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Surge in demand for flexible batteries in wearables and flexible electronic devices
- 3.1.1.2. Rising use of advanced tools and technologies such as AI and 5G
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent regulatory framework in developing economies
- 3.1.2.2. Lack of standardization
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising advancements in fibre batteries
- 3.1.3.2. Increasing number of strategic initiatives by the key market players
Chapter 4. Global Fibre Batteries Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Fibre Batteries Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Fibre Batteries Market by Type, Performance - Potential Analysis
- 6.3. Global Fibre Batteries Market Estimates & Forecasts by Type 2019-2029 (USD Million)
- 6.4. Fibre Batteries Market, Sub Segment Analysis
- 6.4.1. Thin-Film
- 6.4.2. Printed
- 6.4.3. Others
Chapter 7. Global Fibre Batteries Market, by Rechargeability
- 7.1. Market Snapshot
- 7.2. Global Fibre Batteries Market by Rechargeability, Performance - Potential Analysis
- 7.3. Global Fibre Batteries Market Estimates & Forecasts by Rechargeability 2019-2029 (USD Million)
- 7.4. Fibre Batteries Market, Sub Segment Analysis
- 7.4.1. Primary
- 7.4.2. Secondary
Chapter 8. Global Fibre Batteries Market, by Capacity
- 8.1. Market Snapshot
- 8.2. Global Fibre Batteries Market by Capacity, Performance - Potential Analysis
- 8.3. Global Fibre Batteries Market Estimates & Forecasts by Capacity 2019-2029 (USD Million)
- 8.4. Fibre Batteries Market, Sub Segment Analysis
- 8.4.1. Below 10 mAh
- 8.4.2. 10 mAh -100 mAh
- 8.4.3. Above 100 mAh
Chapter 9. Global Fibre Batteries Market, by End-Use
- 9.1. Market Snapshot
- 9.2. Global Fibre Batteries Market by End-Use, Performance - Potential Analysis
- 9.3. Global Fibre Batteries Market Estimates & Forecasts by End-Use 2019-2029 (USD Million)
- 9.4. Fibre Batteries Market, Sub Segment Analysis
- 9.4.1. Consumer Electronics
- 9.4.2. Smart Packaging
- 9.4.3. Smart Cards
- 9.4.4. Medical Devices
- 9.4.5. Wireless Sensors
- 9.4.6. Others
Chapter 10. Global Fibre Batteries Market, Regional Analysis
- 10.1. Fibre Batteries Market, Regional Market Snapshot
- 10.2. North America Fibre Batteries Market
- 10.2.1. U.S. Fibre Batteries Market
- 10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Rechargeability breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Capacity breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End-Use breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Fibre Batteries Market
- 10.3. Europe Fibre Batteries Market Snapshot
- 10.3.1. U.K. Fibre Batteries Market
- 10.3.2. Germany Fibre Batteries Market
- 10.3.3. France Fibre Batteries Market
- 10.3.4. Spain Fibre Batteries Market
- 10.3.5. Italy Fibre Batteries Market
- 10.3.6. Rest of Europe Fibre Batteries Market
- 10.4. Asia-Pacific Fibre Batteries Market Snapshot
- 10.4.1. China Fibre Batteries Market
- 10.4.2. India Fibre Batteries Market
- 10.4.3. Japan Fibre Batteries Market
- 10.4.4. Australia Fibre Batteries Market
- 10.4.5. South Korea Fibre Batteries Market
- 10.4.6. Rest of Asia Pacific Fibre Batteries Market
- 10.5. Latin America Fibre Batteries Market Snapshot
- 10.5.1. Brazil Fibre Batteries Market
- 10.5.2. Mexico Fibre Batteries Market
- 10.5.3. Rest of Latin America Fibre Batteries Market
- 10.6. Rest of The World Fibre Batteries Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Bren-Tronics, Inc.
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Inventus Power
- 11.2.3. Navitas Advanced Solutions Group
- 11.2.4. Ultralife Corp.
- 11.2.5. Lionrock Batteries
- 11.2.6. Hitachi Ltd.
- 11.2.7. Planar Energy
- 11.2.8. Saft Batteries
- 11.2.9. Brightvolt Batteries
- 11.2.10. ProLogium
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption