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According to the new market research report
“Micro Battery Market with COVID-19 Impact Analysis by Type (Thin-film, Printed, Solid-state Chip, Button Battery), Capacity, Rechargeability, Application (Medical Devices, Consumer Electronics, Smart Packaging) and Geography – Global Forecast to 2026”, published by MarketsandMarkets™, the global Micro Battery Market is projected to reach USD 842 million by 2026 from USD 326 million in 2021 at a CAGR of 20.9%. The growth of the micro battery market is driven by factors such as the use of printed flexible batteries in medical devices to treat COVID-19 patients, several advantages offered by micro batteries over traditional batteries, increasing adoption of wearable devices, growing use of micro batteries in medical and electronic devices, and demand for thin and flexible batteries in IoT applications. Moreover, the integration of micro batteries in smart textiles and the rise in the adoption of wireless sensors equipped with micro batteries are expected to offer significant growth opportunities for the micro battery market during the forecast period.