Global Flexible Batteries Market To Reach $2.4 Billion By 2026

FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 384
Companies: 64 – Players covered include Blue Spark Technologies; BrightVolt, Inc.; Enfucell Oy; Guangzhou Fullriver Battery New Technology Co., Ltd.; LG Chem Ltd.; NEC Energy Solutions, Inc.; Panasonic Corporation; Samsung SDI Co., Ltd; STMicroelectronics NV; Ultralife Corporation and Others.
Coverage: All major geographies and key segments
Segments: Application (Wearable Devices, Entertainment (Toys & Games), Medical Devices, Smart Cards (e-Cards), RFID Products, Energy Harvesting, Backup Power, Portable Electronics, Other Applications); Chargeability (Rechargeable, Single Use); Type (Thin-Film Battery, Printed Battery, Curved Battery, Other Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Flexible Batteries Market to Reach $2.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Flexible Batteries estimated at US$294.2 Million in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2026, growing at a CAGR of 40.8% over the analysis period. Thin-Film Battery, one of the segments analyzed in the report, is projected to record a 39.8% CAGR and reach US$1.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Printed Battery segment is readjusted to a revised 41.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $133.3 Million in 2021, While China is Forecast to Reach $386.8 Million by 2026
The Flexible Batteries market in the U.S. is estimated at US$133.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$386.8 Million by the year 2026 trailing a CAGR of 38.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 37.6% and 34.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 27.7% CAGR.

Curved Battery Segment to Reach US$379.2 Million by the year 2026
In the global Curved Battery segment, USA, Canada, Japan, China and Europe will drive the 47.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$28.3 Million in the year 2020 will reach a projected size of US$433.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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