Global IoT Batteries Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global IoT Batteries Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Chemical Batteries (Lithium Batteries, Alkaline Batteries, and Others), Thin-film Batteries, Printed Batteries, and Solid-State Chip Batteries)), Rechargeability (Primary Batteries, and Secondary Batteries), End Use (Wearable Device, Consumer Electronics, Healthcare, Home Automation, Retail, Aerospace & Defense, Industrial, and Agriculture), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global IoT Batteries Market was valued at USD 13,182.1 million in 2023 and is expected to reach USD 33,822.4 million by 2031 while growing at a CAGR of 12.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global IoT batteries market growth. IoT batteries are the batteries powering devices within the Internet of Things (IoT) ecosystem, which comprises interconnected devices embedded with sensors, software, and other technologies exchanging data over the internet. These devices vary from small sensors to sophisticated systems like smart home appliances and industrial machinery.
The growth of the IoT batteries market is fueled by increased adoption of IoT devices and battery technology advancements, despite challenges like limited battery lifespan and environmental concerns that may impede expansion.
Furthermore, the global IoT batteries industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global IoT Batteries Market is segmented among Chemical Batteries, Thin-film Batteries, Printed Batteries, and Solid-State Chip Batteries, based on Type. In 2023, Chemical Batteries accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Rechargeability Analysis
The Global IoT Batteries Market is segmented among Primary Batteries, and Secondary Batteries, based on Rechargeability. In 2023, Secondary Batteries accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global IoT Batteries Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Panasonic Corporation, Duracell Inc, LG Chem Ltd, STMicroelectronics N.V, Ultralife Corporation, Samsung SDI Co, Cymbet Corporation, Enfucell OY, Rocket Electric Co. Ltd, and AFT Groupe SA.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global IoT Batteries Market Dynamics
Drivers
Restraints
Opportunity
4. Global IoT Batteries Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global IoT Batteries Market Segmentation, By Type
Global IoT Batteries Market Share Analysis, By Type
Global IoT Batteries Market Growth Analysis, By Type
Global IoT Batteries Market Trends, By Type
o River Cruise
o Ocean Cruise
o Expedition Cruise
o Theme Cruise
o Adventure Cruise
o Others
6. Global IoT Batteries Market Segmentation, By Rechargeability
Global IoT Batteries Market Share Analysis, By Rechargeability
Global IoT Batteries Market Growth Analysis, By Rechargeability
Global IoT Batteries Market Trends, By Rechargeability
o 1-3 days
o 4-6 days
o 7-13 days
o 14-20 days
o More than 21 days
7. Global IoT Batteries Market Segmentation, By Region
Global IoT Batteries Market Share Analysis, By Region
Global IoT Batteries Market Growth Analysis, By Region
Global IoT Batteries Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Panasonic Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Duracell Inc
LG Chem Ltd
STMicroelectronics N.V
Ultralife Corporation
Samsung SDI Co
Cymbet Corporation
Enfucell OY
Rocket Electric Co. Ltd
AFT Groupe SA
*Similar analysis will be provided for each company listed above.
