Europe Micro Battery Market Forecast to 2030

At 18.6% CAGR, Europe Micro Battery Market is Speculated to be Worth US$ 722.45 Million by 2030, says the Research Team

According to the Research Team’ research, the Europe micro battery market was valued at US$ 184.61 million in 2022 and is expected to reach US$ 722.45 million by 2030, registering a CAGR of 18.6% from 2022 to 2030. Advancements in IoT devices and increasing focus on sustainability are among the critical factors attributed to the Europe micro battery market expansion.

The Internet of Things (IoT) has revolutionized how we interact with technology, enabling seamless connectivity between devices and creating a vast ecosystem of smart devices. As IoT devices continue to increase across various industries and sectors, the need for reliable and efficient power sources becomes crucial. This presents a significant opportunity for the micro battery market to play a vital role in meeting the power demands of IoT devices. The IoT landscape has expanded exponentially, encompassing diverse applications such as smart homes, industrial automation, healthcare, transportation, and more. These IoT devices rely on miniaturized electronics that require compact and long-lasting power solutions. Micro batteries, with their small form factor and high energy density, perfectly align with the requirements of IoT devices, making them an ideal power source. Moreover, IoT devices often operate in remote or hard-to-reach locations, requiring reliable power sources to ensure uninterrupted functionality. Micro batteries are easily deployable in these challenging environments, providing a portable, self-contained power solution. This flexibility allows IoT devices to be deployed in various scenarios, from smart sensors in agricultural fields to wearables monitoring vital signs in healthcare settings. Additionally, the advancements in IoT devices, coupled with the evolution of micro battery technology, have led to enhanced user experiences. This translates to improved convenience, longevity, and reliability for end users, fostering further adoption and integration of IoT technology in various aspects of daily.

On the contrary, need for large investments hurdles the growth of Europe micro battery market.

Based on type, the Europe micro battery market is categorized into thin film battery, solid state chip battery, and button battery. The button battery segment held 56.8% share of Europe micro battery market in 2022, amassing US$ 104.90 million. It is projected to garner US$ 389.53 million by 2030 to expand at 17.8% CAGR during 2022-2030.

In terms of rechargeability, the Europe micro battery market is bifurcated into primary battery and secondary battery. The primary battery segment held 64.6% share of Europe micro battery market in 2022, amassing US$ 119.26 million. It is projected to garner US$ 485.61 million by 2030 to expand at 19.2% CAGR during 2022-2030.

By application, the Europe micro battery market is categorized into consumer electronics, smart packing, medical devices, wireless sensor nodes, and others. The consumer electronics segment held 36.6% share of Europe micro battery market in 2022, amassing US$ 67.70 million. It is projected to garner US$ 268.70 million by 2030 to expand at 18.8% CAGR from 2022-2030.

By country, the Europe micro battery market has been categorized into France, Germany, the UK, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 28.3% share of Europe micro battery market in 2022. It was assessed at US$ 52.17 million in 2022 and is likely to hit US$ 226.39 million by 2030, exhibiting a CAGR of 20.1% during 2022-2030.

Key players operating in the Europe micro battery market are Molex LLC, Murata Manufacturing Co Ltd, Varta AG, Duracell Inc, Renata SA, Maxell Holdings Ltd, Seiko Instruments Inc, Enfucell Flexible Electronics Ltd, and Panasonic Energy Co Ltd, among others.

In May 2022, Murata is transitioning to child-resistant packaging for all lithium coin cell batteries available in a 5-piece tear strip package, which includes the popular CR2016, CR2025, and CR2032 sizes. Each coin cell battery in the 5-piece tear strip pack can still be easily detached. Each coin cell battery is fully encapsulated in plastic, replacing the conventional, easy-to-open perforated packaging. Each capsule now requires a pair of scissors to open. Coin cells and packaging are also marked with the ‘keep away from small children’ symbol.

In November 2022, With the fifth generation of its flagship lithium-ion rechargeable cell, VARTA provides a cutting-edge new product for future-driven innovations. At Electronica, VARTA will showcase its extensive micro battery portfolio and focus on sustainability in Munich from the 15th to the 18th of November.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe micro battery market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe micro battery market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe micro battery market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Micro Battery Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Europe Micro Battery Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increase in Demand for Wearable Devices
5.1.2 Miniaturization of Consumer Electronics
5.1.3 Advantages of Micro Batteries
5.2 Restraints
5.2.1 Need for Large Investments
5.2.2 Limited Energy Storage Capacity
5.3 Opportunities
5.3.1 Advancements in IoT Devices
5.3.2 Expansion in Healthcare industry
5.4 Trends
5.4.1 Increasing Focus on Sustainability
5.5 Impact of Drivers and Restraints:
6. Micro Battery Market – Europe Market Analysis
6.1 Micro Battery Market Overview
6.2 Micro Battery Market Revenue (US$ Million), 2022 – 2030
6.3 Micro Battery Market Forecast and Analysis
7. Europe Micro Battery Market Analysis – Type
7.1 Button Battery
7.1.1 Overview
7.1.2 Button Battery Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Thin Film Battery
7.2.1 Overview
7.2.2 Thin Film Battery Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Solid State Chip Battery
7.3.1 Overview
7.3.2 Solid State Chip Battery Market Revenue and Forecasts to 2030 (US$ Million)
8. Europe Micro Battery Market Analysis – Rechargeability
8.1 Primary Battery
8.1.1 Overview
8.1.2 Primary Battery Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Secondary Battery
8.2.1 Overview
8.2.2 Secondary Battery Market Revenue and Forecasts to 2030 (US$ Million)
9. Europe Micro Battery Market Analysis – Application
9.1 Consumer Electronics
9.1.1 Overview
9.1.2 Consumer Electronics Revenue and Forecasts to 2030 (US$ Million)
9.2 Medical Devices
9.2.1 Overview
9.2.2 Medical Devices Market Revenue and Forecasts to 2030 (US$ Million)
9.3 Smart Packing
9.3.1 Overview
9.3.2 Smart Packing Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Wireless Sensor Nodes
9.4.1 Overview
9.4.2 Wireless Sensor Nodes Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
10. Europe Micro Battery Market – Country Analysis
10.1 Europe
10.1.1 Europe Micro Battery Market Overview
10.1.2 Europe Micro Battery Market Revenue and Forecasts and Analysis – By Countries
10.1.2.1 France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 France Micro Battery Market Breakdown by Type
10.1.2.1.2 France Micro Battery Market Breakdown by Rechargeability
10.1.2.1.3 France Micro Battery Market Breakdown by Application
10.1.2.2 Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany Micro Battery Market Breakdown by Type
10.1.2.2.2 Germany Micro Battery Market Breakdown by Rechargeability
10.1.2.2.3 Germany Micro Battery Market Breakdown by Application
10.1.2.3 UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 UK Micro Battery Market Breakdown by Type
10.1.2.3.2 UK Micro Battery Market Breakdown by Rechargeability
10.1.2.3.3 UK Micro Battery Market Breakdown by Application
10.1.2.4 Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Italy Micro Battery Market Breakdown by Type
10.1.2.4.2 Italy Micro Battery Market Breakdown by Rechargeability
10.1.2.4.3 Italy Micro Battery Market Breakdown by Application
10.1.2.5 Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Russia Micro Battery Market Breakdown by Type
10.1.2.5.2 Russia Micro Battery Market Breakdown by Rechargeability
10.1.2.5.3 Russia Micro Battery Market Breakdown by Application
10.1.2.6 Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Rest of Europe Micro Battery Market Breakdown by Type
10.1.2.6.2 Rest of Europe Micro Battery Market Breakdown by Rechargeability
10.1.2.6.3 Rest of Europe Micro Battery Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Molex LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Murata Manufacturing Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Varta AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Duracell Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 RENATA SA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Maxell Holdings, Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Seiko Instruments Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Panasonic Energy Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Enfucell Flexible Electronics Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 Word Index

LIST OF TABLES

Table 1. Micro Battery Market Segmentation
Table 2. Micro Battery Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Micro Battery Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Micro Battery Market Revenue and Forecasts to 2030 (US$ Million) – Rechargeability
Table 5. Micro Battery Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. Europe Micro Battery Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 7. France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Rechargeability
Table 9. France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 11. Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Rechargeability
Table 12. Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 14. UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Rechargeability
Table 15. UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 16. Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Rechargeability
Table 18. Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 19. Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 20. Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Rechargeability
Table 21. Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 22. Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 23. Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Rechargeability
Table 24. Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 25. Company Positioning & Concentration
Table 26. List of Abbreviation

LIST OF FIGURES

Figure 1. Micro Battery Market Segmentation, By Country
Figure 2. Ecosystem: Micro Battery Market
Figure 3. Micro Battery Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Micro Battery Market Revenue (US$ Million), 2022 & 2030
Figure 6. Micro Battery Market Share (%) – Type, 2022 and 2030
Figure 7. Button Battery Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Thin Film Battery Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Solid State Chip Battery Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Micro Battery Market Share (%) – Rechargeability, 2022 and 2030
Figure 11. Primary Battery Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Secondary Battery Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Micro Battery Market Share (%) – Application, 2022 and 2030
Figure 14. Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Medical Devices Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Smart Packing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Wireless Sensor Nodes Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Europe Micro Battery Market Revenue, By Key Country, (2022) (US$ Million)
Figure 20. Micro battery market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. France Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. Germany Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. UK Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. Italy Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. Russia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. Rest of Europe Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)