Emergence of IoT to Boost Flexible Battery Market

San Francisco, California, September 26, 2017: The rising demand for thin and flexible battery from Internet of Things is most likely to generate lucrative growth opportunities for the global market of flexible battery. Furthermore, employment of flexible lithium air batteries in wearable products is expected to fuel the growth of the market. A new report by TMR Research, titled “Flexible Battery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” gives complete assessment of various aspects of the market. This market study consists estimated market values for the global market over the forecast period. The study is fabricated by top qualified professionals to allow market investors completely understand the market. Data pertained to the growth of the market is presented in a comprehensible way. Numerous charts and diagrams are included to increase the readability of the report. The market has been segmented on the basis of several categories. Market figures for those segments have been formulated. Moreover, the trends influencing these segments have been added to the report.

Flexible batteries are conformal and flexible and can be easily fixed in a small area. As electronic devices are getting compact, usage of these batteries has been escalated. They can be either single-use or rechargeable. These batteries find their applications in electronic devices such as medical devices, wearable devices, consumer electronics, and smart cards. The increasing investments from several blue chip players and augmented research and development programs are promising significant expansion of this market. The emergence of IoT devices are demanding for flexible batteries for their compact designs. Leading players in this market are focusing on technological advancements and innovations to enhance overall battery life and form factor, which is envisioned to propel the growth of the market. This report various such trends and factors that can affect the market’s growth trajectory. These trends will help market players of explore hidden opportunities present for them in the market. Furthermore, numerous restraining factors are included to shed light on the pitfalls present in this market.

On the basis of geography, the market for flexible battery can be segmented into Middle East and Africa, Asia Pacific, Europe, Latin America, and North America. Of these, the North America segment is expected to project strong growth over the forthcoming years due to the presence of high number of market players. Furthermore, the increasing popularity of wearable products in the developed countries of this region is promising high swelling of the flexible battery market in North America. Furthermore, Asia Pacific is projected to showcase an impressive growth rate owing to the contribution of India and China. The blooming consumer electronics market in the developing countries of Asia Pacific is fueling the regional market for flexible battery. The rising demand for wearable devices, technological developments in the smart packaging sectors and consumer electronics, and rising incomes of the population are ensuring Asia Pacific market development over the forecast period. This geographical analysis is included with a motive to deliver a strong understanding of the global market.

The market study also briefs about competitive scenario of the global flexible battery market. This section delivers comprehension regarding the intensity of competition confronted by market players, strategies followed by leading players to stay competent, and numerous opportunities and obstacles present for the market players. Company profiles of prominent players have been included to let readers understand the perception of market players. Some of these players include Enfucell OY Ltd., Front Edge Technology, Inc., Nokia Technologies, Panasonic Corp., Apple Inc., STMicroelectronics, Ultralife Corp., Samsung sdi Co., Ltd., Solicore Inc., NEC Energy Solutions Inc., Brightvolt Inc., Blue Spark Technologies, Inc., LG Chem Ltd., and Cymbet Corporation.

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