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Some of the major players operating in the flexible paper battery (FPB) market are
These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. Furthermore, they are heavily investing in research to introduce innovative products and garner maximum revenue in the industry.
The industry size from the medical devices application segment will observe around 25% growth rate from 2023 to 2032 driven by the surging need for lightweight and compact power sources to maintain easy transportation and reduce the overall size of devices
The rechargeable chargeability segment recorded about 60% of the industry share in 2022 due to rising adoption in energy storage, including power banks and backup solutions.
The market size of flexible paper battery (FPB) reached USD 496.9 million in 2022 and will witness over 20% CAGR during 2023 to 2032 due to the surging demand for smaller & more portable electronics, such as wearables and flexible devices worldwide.
Asia Pacific captured over 35% of the global industry share in 2022 led by the increasing demand for smartphones, tablets, wearables, and other portable electronics in the region
Major flexible paper battery industry participants include Samsung SDI Co. Ltd., Panasonic Holdings Corporation, STMicroelectronics N.V., BrightVolt Solid State Batteries. and Enfucell OY.