GLOBAL FLEXIBLE BATTERY MARKET was valued at USD 129.06 Million in the year 2016. Global Flexible Battery Market is further estimated to grow at a CAGR of 42.65% from 2016 to 2022 to reach USD 1,087.68 Million by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S. as well the emerging markets like China with highest population base holds the notable market share in 2016 and it is projected to grow at a gradual rate in the coming years.
Apple Inc. (US), Panasonic Corp. (Japan), Samsung SDI Co., Ltd. (South Korea), LG Chem Ltd. (South Korea) are some of the key players in the Flexible Battery market with Samsung SDI Co., Ltd. holding the substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:
Increasing demand for IoT devices
Technological development in wearable devices
Restraints:
High Initial Investments
Opportunities:
Introduction of ‘smart clothes’
Challenges:
Degradation of electrodes under external load
Between Smart Packaging, Consumer Electronics, Entertainment, Wearable Devices, Smart Packaging segment because of the growing popularity and availability is expected to hold the highest market share during the forecast period.
The Wearable Device segment is also expected to grow at the highest CAGR during the year 2017-2022

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Key Benefits for Stakeholders
Flexible Battery Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End-use industries
Regulatory bodies, policy actors, and consumers.

By Application
1 Smart Packaging
2 Consumer Electronics
3 Entertainment
4 Wearable Devices
5 Smart Cards
By Chargeability
1 Rechargeable Battery
2 Single-Use Battery

By Region
North America
Europe
Asia-Pacific
LAMEA

Key Market Players
1 Apple Inc. (US)
2 Panasonic Corp. (Japan)
3 Samsung SDI Co., Ltd. (South Korea)
4 LG Chem Ltd. (South Korea)
5 Brightvolt Inc. (US)
6 NEC Energy Solutions Inc. (Japan)
7 Blue Spark Technologies, Inc. (US)
(A brief overview of another 13 companies is also provided)

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