Product Code: GVR-4-68040-262-8
Micro Battery Market Summary
The global micro battery market size was estimated at USD 665.4 million in 2024 and is projected to reach USD 2,310.6 million by 2030, growing at a CAGR of 23.3% from 2025 to 2030. The micro battery market is driven by the need for compact, efficient power materials in applications such as wearable devices, medical equipment, IoT sensors, and portable electronics.
The market is flourishing due to trends, miniaturized devices, and the demand for reliable power sources. Consumer electronics like smartphones, smartwatches, and hearing aids are constantly shrinking in size. This necessitates smaller power sources that pack a punch, making micro batteries perfectly suited for these applications.
The increasing demand for compact and portable electronic devices is a major factor fueling the growth of the global micro battery industry. Rising popularity of smartwatches, fitness bands, hearing aids, and other wearable technologies, is increasing the need for small, lightweight batteries to deliver reliable and long-lasting power. Micro batteries, known for their high energy density and space-efficient design, are ideal for such next-generation gadgets. The healthcare sector is also expected to play a significant role as the demand for advanced medical devices, such as implantable monitors and drug delivery systems, continues to rise, further boosting the need for miniaturized power solutions.
The rapid expansion of the Internet of Things (IoT), which is transforming industries ranging from home automation and manufacturing to smart cities and agriculture, is another key factor positively impacting the market growth. As the number of connected devices increases, the demand for compact, energy-efficient, and maintenance-free batteries is also expected to surge. Micro batteries, particularly those based on thin-film and solid-state technologies, are well-suited to power these devices due to their durability and performance in tight spaces. In addition, ongoing investments in R&D and advancements in battery technology are helping reduce production costs, improve efficiency, and unlock new applications, accelerating the global market's growth trajectory.
Environmental concerns are driving a shift toward eco-friendly batteries. The market is expected to witness a rise in rechargeable options and research on biodegradable materials. In addition, efficient manufacturing processes that minimize waste are expected to become increasingly important for manufacturers. Advancements in battery technology hold immense potential for the market. Areas of focus include solid-state chip batteries with higher energy density and printed batteries that can be integrated directly into devices for a streamlined design. These innovations promise longer battery life and more efficient power delivery for micro-powered electronics.
Global Micro Battery Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global micro battery market report based on material, type, capacity, battery type, and region:
- Material Outlook (Revenue, USD Million, 2018 - 2030)
- Alkaline
- Silver Oxide
- Lithium
- Others
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Thin Film Batteries
- Printed Batteries
- Solid-state Chip Batteries
- Button Batteries
- Capacity Outlook (Revenue, USD Million, 2018 - 2030)
- Below 10 mAh
- 10 mAh to 100 mAh
- Above 100 mAh
- Battery Type Outlook (Revenue, USD Million, 2018 - 2030)
- Primary
- Secondary
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- South Korea
- Australia
- Latin America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Micro Battery Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Micro Battery Market: Material Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Micro Battery Market: Material Movement Analysis & Market Share, 2024 & 2030
- 4.3. Alkaline
- 4.3.1. Alkaline Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Silver Oxide
- 4.4.1. Silver Oxide Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Lithium
- 4.5.1. Lithium Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Others
- 4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Micro Battery Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Micro Battery Market: Type Movement Analysis & Market Share, 2024 & 2030
- 5.3. Thin Film Batteries
- 5.3.1. Printed Batteries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Printed Batteries
- 5.4.1. Printed Batteries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Solid-state chip Batteries
- 5.5.1. Solid-state chip Batteries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Buttoned Batteries
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Micro Battery Market: Capacity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Micro Battery Market: Capacity Movement Analysis & Market Share, 2024 & 2030
- 6.3. Below 10 mAh
- 6.3.1. Below 10 mAh Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. 10 mAh to 100 mAh
- 6.4.1. 10 mAh to 100 mAh Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Above 100 mAh
- 6.5.1. Above 100 mAh Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Micro Battery Market: Battery Type Estimates & Trend Analysis
- 7.1. Primary
- 7.1.1. Primary Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2. Secondary
- 7.2.1. Secondary Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Micro Battery Market: Region Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 8.2. North America
- 8.2.1. North America Micro Battery Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. Key country dynamics
- 8.2.2.2. U.S. Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Key country dynamics
- 8.2.3.2. Canada Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Key country dynamics
- 8.2.4.2. Mexico Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Micro Battery Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.2.1. Key country dynamics
- 8.3.2.2. Germany Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.3. UK
- 8.3.3.1. Key country dynamics
- 8.3.3.2. UK Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. Key country dynamics
- 8.3.4.2. France Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.5. Spain
- 8.3.5.1. Key country dynamics
- 8.3.5.2. Spain Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Micro Battery Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. Key country dynamics
- 8.4.2.2. China Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. Key country dynamics
- 8.4.3.2. India Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.4. Australia
- 8.4.4.1. Key country dynamics
- 8.4.4.2. Australia Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. Key country dynamics
- 8.4.5.2. South Korea Micro Battery market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Micro Battery Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Middle East & Africa Micro Battery Market Estimates & Forecast, 2018 - 2030 (USD Million)
Chapter 9. Micro Battery market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map
- 9.4. Position Analysis, 2024
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Type Launches
- 9.5.5. Research And Development
- 9.6. Company Profiles
- 9.6.1. Blue Spark Technologies, Inc.
- 9.6.1.1. Participant's overview
- 9.6.1.2. Financial performance
- 9.6.1.3. Type benchmarking
- 9.6.1.4. Recent developments
- 9.6.2. Front Edge Technology, Inc.
- 9.6.2.1. Participant's overview
- 9.6.2.2. Financial performance
- 9.6.2.3. Type benchmarking
- 9.6.2.4. Recent developments
- 9.6.3. Enfucell SoftBattery
- 9.6.3.1. Participant's overview
- 9.6.3.2. Financial performance
- 9.6.3.3. Type benchmarking
- 9.6.3.4. Recent developments
- 9.6.4. Panasonic Corporation
- 9.6.4.1. Participant's overview
- 9.6.4.2. Financial performance
- 9.6.4.3. Type benchmarking
- 9.6.4.4. Recent developments
- 9.6.5. Molex
- 9.6.5.1. Participant's overview
- 9.6.5.2. Financial performance
- 9.6.5.3. Type benchmarking
- 9.6.5.4. Recent developments
- 9.6.6. TDK Corporation
- 9.6.6.1. Participant's overview
- 9.6.6.2. Financial performance
- 9.6.6.3. Type benchmarking
- 9.6.6.4. Recent developments
- 9.6.7. Shenzhen Grepow Battery Co., Ltd.
- 9.6.7.1. Participant's overview
- 9.6.7.2. Financial performance
- 9.6.7.3. Type benchmarking
- 9.6.7.4. Recent developments
- 9.6.8. VARTA AG
- 9.6.8.1. Participant's overview
- 9.6.8.2. Financial performance
- 9.6.8.3. Type benchmarking
- 9.6.8.4. Recent developments
- 9.6.9. Murata Manufacturing Co., Ltd.
- 9.6.9.1. Participant's overview
- 9.6.9.2. Financial performance
- 9.6.9.3. Type benchmarking
- 9.6.9.4. Recent developments
- 9.6.10. SAMSUNG SDI
- 9.6.10.1. Participant's overview
- 9.6.10.2. Financial performance
- 9.6.10.3. Type benchmarking
- 9.6.10.4. Recent developments