1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.2.1 INCLUSIONS AND EXCLUSIONS 18
1.3 STUDY SCOPE 19
1.3.1 MARKETS COVERED 19
1.3.2 YEARS CONSIDERED FOR THE STUDY 19
1.4 CURRENCY 20
1.5 LIMITATIONS 20
1.6 STAKEHOLDERS 20

2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 23
2.1.1.1 Key data from secondary sources 23
2.1.2 PRIMARY DATA 23
2.1.2.1 Key data from primary sources 24
2.1.2.2 Key industry insights 24
2.1.2.3 Break down of primary interviews 25
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 25
2.2.1.1 Approach for arriving at market size using bottom-up approach (demand side) 25
2.2.2 TOP-DOWN APPROACH 26
2.2.2.1 Approach for arriving at market size using top-down analysis
(supply side) 27
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 29
2.4 RESEARCH ASSUMPTIONS 30

3 EXECUTIVE SUMMARY 31

4 PREMIUM INSIGHTS 37
4.1 FLEXIBLE BATTERY MARKET OPPORTUNITIES 37
4.2 FLEXIBLE BATTERY MARKET, BY RECHARGEABILITY 37
4.3 FLEXIBLE BATTERY MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY, 2025 38
4.4 FLEXIBLE BATTERY MARKET, BY APPLICATION, 2020 & 2025 38
4.5 FLEXIBLE BATTERY MARKET, BY COUNTRY 39
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5 MARKET OVERVIEW 40
5.1 INTRODUCTION 40
5.2 EVOLUTION 40
5.3 MARKET DYNAMICS 41
5.3.1 DRIVERS 42
5.3.1.1 Growing demand for flexible batteries for use in wearables 42
5.3.1.2 Increasing use of thin, flexible batteries for use in flexible electronic devices 42
5.3.1.3 Ongoing miniaturization of electronic devices 43
5.3.1.4 Surging demand for flexible batteries in IoT applications 43
5.3.1.5 Increasing use of flexible batteries in medical devices to treat
COVID-19 patients 43
5.3.2 RESTRAINTS 44
5.3.2.1 High initial investments for developing flexible batteries 44
5.3.2.2 Lack of standardization for development of flexible batteries 44
5.3.3 OPPORTUNITIES 45
5.3.3.1 Development of next-generation flexible lithium-air batteries 45
5.3.3.2 Rise in adoption of wireless sensors equipped with flexible batteries 45
5.3.4 CHALLENGES 46
5.3.4.1 Fabrication complexity of flexible lithium-ion batteries 46
5.3.4.2 Costs and selection of raw materials for developing flexible batteries 46
5.3.4.3 Shutdown of flexible battery manufacturing plants in various countries owing to COVID-19 46
5.4 VALUE CHAIN ANALYSIS 47
5.5 IMPACT OF COVID-19 ON FLEXIBLE BATTERY MARKET 49
5.6 PATENTS RELATED TO FLEXIBLE BATTERIES 50

6 COMPONENTS USED IN FLEXIBLE BATTERIES 51
6.1 INTRODUCTION 51
6.2 ELECTRODES 52
6.2.1 CATHODES 52
6.2.2 ANODES 52
6.3 SUBSTRATES 52
6.4 ELECTROLYTES 52
6.5 OTHERS 53

7 MATERIALS USED IN FLEXIBLE BATTERIES 54
7.1 INTRODUCTION 54
7.2 LITHIUM ION 54
7.2.1 RISE IN USE OF LITHIUM-ION FLEXIBLE BATTERIES IN WEARABLE ELECTRONICS 54
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7.3 LITHIUM POLYMER 55
7.3.1 INCREASE IN ADOPTION OF FLEXIBLE LITHIUM POLYMER-BASED BATTERIES OWING TO THEIR DURABILITY AND LOW SELF-DISCHARGE RATE 55
7.4 ZINC 56
7.4.1 ADVENT OF ZINC-BASED FLEXIBLE BATTERIES FOR USE IN NEXT-GENERATION FLEXIBLE ELECTRONICS 56

8 FLEXIBLE BATTERY MARKET, BY TYPE 57
8.1 INTRODUCTION 58
8.2 THIN-FILM BATTERIES 59
8.2.1 THIN-FILM BATTERIES SEGMENT TO LEAD FLEXIBLE BATTERY MARKET FROM 2020 TO 2025 59
8.3 PRINTED BATTERIES 61
8.3.1 ECO-FRIENDLY AND BIO-FRIENDLY COMPOSITION OF PRINTED BATTERIES LEADING TO THEIR INCREASED GLOBAL ADOPTION 61

9 FLEXIBLE BATTERY MARKET, BY VOLTAGE 63
9.1 INTRODUCTION 64
9.2 BELOW 1.5V 65
9.2.1 INCREASED ADOPTION OF BELOW 1.5V FLEXIBLE BATTERIES IN WEARABLE ELECTRONICS 65
9.3 BETWEEN 1.5V AND 3V 66
9.3.1 SURGED DEMAND FOR FLEXIBLE BATTERIES WITH VOLTAGE RANGING BETWEEN 1.5V AND 3V OWING TO EASE OF THEIR SAFE AND COMPLETE DISPOSABLE 66
9.4 ABOVE 3V 67
9.4.1 INCREASED USE OF FLEXIBLE BATTERIES WITH VOLTAGE ABOVE 3V OWING TO THEIR HIGH POWER OUTPUT AND LONG LIFE 67

10 FLEXIBLE BATTERY MARKET, BY CAPACITY 68
10.1 INTRODUCTION 69
10.2 10 MAH FLEXIBLE BATTERIES 70
10.2.1 RISE IN USE OF BELOW 10 MAH FLEXIBLE BATTERIES IN MEDICAL DEVICES, SMART CARDS, AND RFID TAGS 70
10.3 BETWEEN 10 MAH AND 100 MAH FLEXIBLE BATTERIES 71
10.3.1 SURGE IN USE OF FLEXIBLE BATTERIES WITH CAPACITY RANGING BETWEEN 10 MAH AND 100 MAH IN ENERGY HARVESTING AND CONSUMER ELECTRONICS APPLICATIONS 71
10.4 ABOVE 100 MAH FLEXIBLE BATTERIES 72
10.4.1 INCREASE IN USE OF ABOVE 100 MAH FLEXIBLE BATTERIES IN HIGH-POWER APPLICATIONS 72
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11 FLEXIBLE BATTERY MARKET, BY RECHARGEABILITY 73
11.1 INTRODUCTION 74
11.2 PRIMARY BATTERIES 75
11.2.1 LOW COST AND ECO-FRIENDLY NATURE OF PRIMARY BATTERIES LEADING TO THEIR INCREASED USE IN VARIOUS APPLICATIONS 75
11.3 SECONDARY BATTERIES 76
11.3.1 INCREASED DEMAND FOR RECHARGEABLE SECONDARY BATTERIES OWING TO THEIR LONG LIFESPAN, HIGH-ENERGY DENSITY, AND LOW ENVIRONMENTAL IMPACT 76

12 FLEXIBLE BATTERY MARKET, BY APPLICATION 78
12.1 INTRODUCTION 79
12.2 IMPACT OF COVID-19 ON APPLICATIONS OF FLEXIBLE BATTERIES 79
12.3 CONSUMER ELECTRONICS 81
12.3.1 RISE IN DEMAND FOR FLEXIBLE AND MINIATURIZED ELECTRONIC PRODUCTS LEADING TO DEVELOPMENT OF FLEXIBLE BATTERIES 81
12.3.2 SMARTPHONES 81
12.3.3 WEARABLE DEVICES 81
12.4 MEDICAL DEVICES 85
12.4.1 USE OF PORTABLE MEDICAL DEVICES DURING COVID-19 PANDEMIC LED TO SIGNIFICANT DEMAND FOR FLEXIBLE BATTERIES 85
12.4.2 COSMETIC AND MEDICAL PATCHES 86
12.4.3 PACEMAKERS 86
12.4.4 HEARING AIDS 86
12.4.5 OTHERS 87
12.5 SMART PACKAGING 90
12.5.1 THIN-FILM FLEXIBLE BATTERIES IMPROVE RANGE OF COMMUNICATION OF SMART PACKAGING 90
12.5.2 SMART LABELS 91
12.6 SMART CARDS 95
12.6.1 DESIGN AND FLEXIBILITY OF FLEXIBLE THIN-FILM BATTERIES ENABLES SMART CARDS TO SUSTAIN HARSH PRODUCTION CONDITIONS 95
12.7 WIRELESS SENSORS 98
12.7.1 LIGHTWEIGHT AND FLEXIBILITY OF FLEXIBLE BATTERIES MAKE THEM IDEAL CHOICE FOR WIRELESS SENSORS 98
12.8 OTHERS 103

13 GEOGRAPHIC ANALYSIS 106
13.1 INTRODUCTION 107
13.2 NORTH AMERICA 109
13.2.1 US 111
13.2.1.1 Researchers in US developing flexible lithium-ion batteries for use in extreme conditions 111
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13.2.2 CANADA 112
13.2.2.1 Adoption of IoT in medical devices and wireless sensors to create growth opportunities for flexible battery market in Canada 112
13.2.3 MEXICO 113
13.2.3.1 Increased research and development activities related to flexible batteries and surged sales of consumer electronics encourage companies to set up their production facilities in Mexico 113
13.3 EUROPE 114
13.3.1 GERMANY 116
13.3.1.1 Government support to promote production of flexible batteries to contribute to growth of market in Germany 116
13.3.2 UK 117
13.3.2.1 Surged demand for wearable devices and IoT-based medical devices to fuel growth of flexible battery market in UK 117
13.3.3 FRANCE 118
13.3.3.1 Increased adoption of smart cards in France to lead to growth opportunities for flexible battery market in country 118
13.3.4 REST OF EUROPE 118
13.4 APAC 119
13.4.1 CHINA 121
13.4.1.1 Increased production haul in China due to COVID-19 to adversely affect flexible battery market in country 121
13.4.2 JAPAN 122
13.4.2.1 Presence of key companies manufacturing consumer electronics to contribute to growth of flexible battery market in Japan 122
13.4.3 INDIA 123
13.4.3.1 Growth of medical sector in India to fuel demand for flexible batteries 123
13.4.4 REST OF APAC 124
13.5 ROW 125
13.5.1 SOUTH AMERICA 126
13.5.1.1 Chile being the world?s largest producer of lithium offers opportunities for battery manufacturers to establish their flexible battery manufacturing facilities in country 126
13.5.2 MIDDLE EAST AND AFRICA 127
13.5.2.1 Adoption of smart card technology in banks of Middle East for secure transaction to fuel growth of flexible printed battery market in region 127
14 COMPETITIVE LANDSCAPE 129
14.1 INTRODUCTION 129
14.2 MARKET RANKING ANALYSIS 129
14.3 COMPETITIVE LEADERSHIP MAPPING 130
14.3.1 VISIONARY LEADERS 131
14.3.2 DYNAMIC DIFFERENTIATORS 131
14.3.3 INNOVATORS 131
14.3.4 EMERGING COMPANIES 131
14.4 COMPETITIVE SITUATIONS AND TRENDS 133
14.4.1 ACQUISITIONS AND AGREEMENTS, 2017–2019 133
15 COMPANY PROFILES 134
15.1 INTRODUCTION 134
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
15.2 KEY PLAYERS 135
15.2.1 SAMSUNG SDI 135
15.2.2 LG CHEM 137
15.2.3 ENFUCELL OY LTD. 139
15.2.4 BLUE SPARK TECHNOLOGIES 141
15.2.5 APPLE INC. 143
15.2.6 PANASONIC CORPORATION 145
15.2.7 ULTRALIFE CORPORATION 147
15.2.8 BRIGHTVOLT 149
15.3 RIGHT TO WIN 150
15.4 OTHER PROMINENT PLAYERS 151
15.4.1 IMPRINT ENERGY 151
15.4.2 ENERGY DIAGNOSTICS 151
15.4.3 PROLOGIUM TECHNOLOGY CO., LTD. 152
15.4.4 MOLEX 152
15.4.5 POLYPLUS BATTERY COMPANY 153
15.4.6 ITEN SA 153
15.4.7 JENAX 154
15.4.8 GUANGZHOU FULLRIVER BATTERY NEW TECHNOLOGY CO., LTD. 154
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

16 APPENDIX 155
16.1 INSIGHTS OF INDUSTRY EXPERTS 155
16.2 DISCUSSION GUIDE 155
16.3 KNOWLEDGE STORE: 158
16.4 AVAILABLE CUSTOMIZATIONS 160
16.5 RELATED REPORTS 160
16.6 AUTHOR DETAILS 161