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Market Analysis: Global Micro Battery Market
Micro battery market is expected to rise to an estimated value of USD 820.81 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant surge in the adoption rate of the product from various end-use applications.
Market Definition: Global Micro Battery Market
Micro battery can be defined as a miniature power source product that is generally shaped like a button, with its size ranging from 5-25 nm in its diameter and 1-6 nm in its height. The metal is generally utilized as the outermost covering of the product and covers the positive side of the battery. Its applications is generally seen in watches, small electronic devices, calculators, wearable devices, consumer electronics, smart cards, medical devices and various others.
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Market Drivers:
Market Restraints:
Segmentation: Global Micro Battery Market
By Components
By Material Type
By Type
By Rechargeability
By Capacity
By Application
By End-Users
By Geography
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Key Developments in the Market:
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Competitive Analysis
Global micro battery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of micro battery market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global micro battery market are Cymbet; Murata Manufacturing Co., Ltd.; VARTA Microbattery GmbH - A COMPANY OF VARTA AG; SAMSUNG SDI CO.,LTD.; Front Edge Technology, Inc.; Imprint Energy Inc; Ultralife Corporation; Blue Spark Technologies; ProLogium Technology Co., Ltd.; PPBC; ITEN; Jenax Inc.; Panasonic Corporation; TDK Electronics AG; FULLRIVER Battery; NEC ENERGY SOLUTIONS; Maxell Worldwide; Renata SA; Seiko Instruments Inc.; TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION; Energizer; Duracell Inc.; GPB International Limited; EVE Energy Co., Ltd. and Nanfu among others.
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