Impact on IoT Battery Market - Industry Analysis, Business Outlook 2025

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Impact on IoT Battery Market - Industry Analysis,
Business Outlook 2025 Battery Market for IoT by
Type, Rechargeability, End-use Application, and
Geography - Global Forecast to 2025
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The battery market for IoT is estimated to grow
from USD 9.2 billion in 2020 to USD 15.9 billion
in 2025 growing at a CAGR of 11.6 from 2019 to
2025. The major factors driving the growth of
the market are multi-fold rise in the use of IoT
and increase in the adoption of IoT-enabled
devices, increase in the global demand for
wireless communication, the surge in RD
activities to develop advanced, flexible, and
thin batteries, and rise in demand for thin and
flexible batteries used in IoT-enabled devices.
However, high upfront costs involved in the
development of thin and flexible batteries, and
the ecological implications of the disposing of
battery wastes hinder the growth of the
market. Browse 62 market data Tables and 41
Figures spread through 149 Pages and in-depth TOC
on "Battery Market for IoT - Global Forecast to
2025"
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The printed battery segment is expected to grow
at the highest CAGR during the forecast period.
Printed batteries are a newer type of micro
batteries. They are mostly composed of Zinc-based
materials. Advantages such as thin size and small
form factor, and their ability to be disposed off
easily have made printed batteries popular in
smart packaging and medical application markets,
with their demand likely to be increasing further
during the forecast period. Ask PDF
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nloadNew.asp?id153084557 Based on
rechargeability, the battery market for IoT for
primary batteries is expected to grow at the
highest CAGR during the forecast period. Primary
batteries are used in products that do not
require high power and have a limited lifespan.
These batteries are witnessing increasing
applications in areas such as smart packaging,
smart cards, home automation, retail, and medical
and cosmetic patches, as they have low
self-discharge time compared to rechargeable
thin-film batteries.
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The battery market for IoT for the aerospace and
defense end-use application is expected to grow
at the highest CAGR during the forecast period.
The increasing installation of smart beacons that
allow mobile apps to comprehend their position on
a micro-local scale and deliver content to users
based on their location using Bluetooth
technology is propelling the market growth.
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The battery market for IoT in APAC is expected to
grow at the highest CAGR during 20202025. APAC
consists of a number of emerging economies such
as Australia, India, China, Japan, and Singapore.
The high rate of the adoption of new technologies
has made this region a lucrative market for IT
industries attributed to this reason, the
battery market for IoT in APAC is expected to
grow at the highest rate. In addition, these
countries are taking aggressive initiatives to
upsurge the IT infrastructure enabling commercial
users to adopt cutting-edge technologies. Request
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