Apr 7, 2021   SOURCE: BusinessWire

Global Micro Batteries Market Report 2021: Market to Reach $801.6 Million by 2027 - U.S. Market is Estimated at $43.8 Million, While China is Forecast to Grow at 32% CAGR - ResearchAndMarkets.com

The "Micro Batteries - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Micro Batteries Market to Reach $801.6 Million by 2027

Amid the COVID-19 crisis, the global market for Micro Batteries estimated at US$163.2 Million in the year 2020, is projected to reach a revised size of US$801.6 Million by 2027, growing at a CAGR of 25.5% over the analysis period 2020-2027.

Thin Film, one of the segments analyzed in the report, is projected to record a 27.3% CAGR and reach US$378.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Printed segment is readjusted to a revised 25.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $43.8 Million, While China is Forecast to Grow at 32% CAGR

The Micro Batteries market in the U.S. is estimated at US$43.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$202.2 Million by the year 2027 trailing a CAGR of 32% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 23.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.9% CAGR.

Solid State Chip Segment to Record 22.1% CAGR

In the global Solid State Chip segment, USA, Canada, Japan, China and Europe will drive the 21.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$27.4 Million in the year 2020 will reach a projected size of US$105.9 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$121.9 Million by the year 2027, while Latin America will expand at a 23.4% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 34 Featured):

  • Blue Spark Technologies
  • BrightVolt Inc.
  • Cymbet Corporation
  • Enfucell Oy Ltd.
  • Front Edge Technology, Inc.
  • Murata Manufacturing Co., Ltd.
  • Power Paper Ltd.
  • ProLogium Technology Co., Ltd.
  • Samsung SDI Co., Ltd.
  • Seiko Instruments Inc.
  • STMicroelectronics N.V.
  • Varta AG
  • ZPower, LLC

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • United Kingdom
  • Spain
  • Russia
  • Rest Of Europe
  • Asia-Pacific
  • Australia
  • India
  • South Korea
  • Rest Of Asia-Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest Of Latin America
  • Middle East
  • Iran
  • Israel
  • Saudi Arabia
  • United Arab Emirates
  • Rest Of Middle East
  • Africa

IV. COMPETITION

  • Total Companies Profiled: 34

For more information about this report visit https://www.researchandmarkets.com/r/rn2s6a