Flexible Batteries Market Forecast and Segments, 2015-2025

Innovation and technical advancement in form factor of batteries is driving the power storage industry globally. The flexible batteries are the primary and secondary batteries which are technologically developed to be flexible and conformal as compared to traditional batteries that are heavy, rigid and generally have fixed form factors. As the form factor of devices like smartphones, tablets and wearable devices is made lighter, thinner and flexible, there is need of flexible and thin battery which can satisfy ever increasing demand for electric power needed to power these device for long period of time. The flexible batteries market is fuelled by demand for flexible batteries for devices like wearable electronics devices, smart cards, transdermal drug delivery patches and flexible displays. Internet of everything is also a factor responsible for driving need for flexible batteries to power portable and handheld consumer devices.

Besides having thin and flexible form factor, flexible batteries offers numerous other benefits. The flexible batteries are long lasting, powerful, and free from safety concerns and made up of inherently safe material to adapt to emerging technologies in flexible electronics. The flexible batteries are made up of polymer with improve conductive property and can be stretched and rolled as per need of the device where it is used. On other hand, there is a need to address some technological issues related to short circuit during flexing.

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On the basis of Technology, global flexible battery market can be segmented into - Flexible zinc carbon batteries, flexible lithium ion batteries, flexible lithium polymer batteries, thin flexible supercapacitors, flexible solar batteries and others.

On the basis of Application, global flexible battery market is segmented into – Wearable electronics, consumer electronics, Packaging and transportation,...