+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Biobatteries Market by Type, Application: Global Opportunity Analysis and Industry Forecast, 2030-2040

  • PDF Icon

    Report

  • 175 Pages
  • February 2023
  • Region: Global
  • Allied Market Research
  • ID: 5781693
Description Jump to:
The global biobatteries market is estimated to be $140.8 million in 2030, and is projected to reach $295.5 million by 2040, growing at a CAGR of 7.8% from 2031 to 2040.

Demand for lithium has significantly increased in recent years and is expected to grow exponentially as the world embraces the energy transition and requires more batteries. Unfortunately, the mining of lithium and other battery metals has a significant environmental impact, leading researchers to pursue the creation of biobatteries. Biobatteries use biological molecules to break down other biological molecules, releasing electrons in the process. A biobattery is an electrical energy storage device which is used in several applications.

This battery can be powered with the help of organic compounds that are available in glucose form that is used in the human bodies. Biobatteries are used in medical implants like pacemakers and insulin pumps. These can be used as a charger for electronic devices like cell phones, tabs, and power banks. Biobatteries can be used for toys as well as on the greeting cards. These are used in the defense field in the remote sensing devices, spying devices, as well as surveillance. The biobatteries market size is studied across type, application, and region. Depending on type, the biobatteries market is segmented into enzymatic bio-battery, sugar, microbial, and others (lemon, body fluid based bio-batteries, and cellulose-based bio-batteries). By application, the biobatteries market is divided into medical implants (pacemakers, insulin pumps), mobile phones/tablets, and small electric tools (power banks, remote sensing, toys, and spying devices).

Region-wise, the biobatteries market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa). Europe is expected to grow at a significant CAGR during the projection period. This is attributed to rise in concern for reducing carbon emissions in the region. Moreover, surge in activities in military spying and remote sensing in the region also act as driving factors for the market growth. The growth of the region is mainly driven by Germany and France, which are continuously investing in research activities. that contribute toward the biobatteries market growth. The growth in the Asia-Pacific region is majorly driven by China, Japan, South Korea, and India. This can be attributed to rise in investment in research and development activities. Moreover, increased developed technology and experiments proving the practical application of the batteries in China, Japan, and India also act as a major factor driving the market growth.

The key players operating in the biobatteries industry are Sony, Nexus, Panasonic Energy Co., Ltd., SEC Battery, and BeFC. In 2007, Sony, a Japanese corporation, first published the theory of sugar battery which was based on the air-breathing and utilizes the oxygen as the oxidizing agent. The battery achieved the expected high energy density and reasonable output voltage. A team at Virginia Tech recently demonstrated a small-scale practical system that works as a fuel cell that uses enzymes to extract electricity from glucose. Similarly, two research scientists from Aalborg University (AAU) in Esbjerg, Denmark, have succeeded in developing a method for manufacturing batteries using biological material from mold.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features strategies adopted by the key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.

The report further showcases the market size and share with impact of the COVID-19. Furthermore, it provides an overview on the impact of COVID-19 on the Biobatteries market supply chain. Reduction in the count of patients suffering from COVID-19 in the coming days with safety majors taken by governments and vaccination being carried out aggressively to curb the spread of the coronavirus are expected to gradually reduce the impact of COVID-19 on the global biobatteries market. It further highlights the key strategies adopted by players during the global pandemic crisis. Hence, the report outlines an overview of post COVID-19 impact and pre-COVID-19 impact analysis.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the biobatteries market analysis from 2030 to 2040 to identify the prevailing biobatteries market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the biobatteries market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global biobatteries market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

  • Enzymatic Bio-Battery
  • Sugar
  • Microbial
  • Others

By Application

  • Medical Implants
  • Mobile Phones and Tablets
  • Small Electric Tools
  • Toys
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Panasonic Energy Co. Ltd.
  • Nexus
  • BeFC
  • Sony Corporation
  • SEC Industrial Battery International Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Fast charging and no external power supply
3.4.1.2. Renewable and non-polluting characteristics
3.4.2. Restraints
3.4.2.1. Less energy preservation
3.4.2.2. Short-term use
3.4.3. Opportunities
3.4.3.1. Energy Transition
3.5. COVID-19 Impact Analysis on the market
3.6. Patent Landscape
3.7. Value Chain Analysis
CHAPTER 4: BIOBATTERIES MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Enzymatic Bio-Battery
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Sugar
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Microbial
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Others
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
CHAPTER 5: BIOBATTERIES MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Medical Implants
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Mobile Phones and Tablets
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Small Electric Tools
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Toys
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: BIOBATTERIES MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Application
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. Italy
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. Spain
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Application
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Application
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by Application
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2030
CHAPTER 8: COMPANY PROFILES
8.1. Sony Corporation
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.2. Nexus
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. Panasonic Energy Co. Ltd.
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. SEC Industrial Battery International Ltd.
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. BeFC
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
List of Tables
TABLE 01. GLOBAL BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 02. BIOBATTERIES MARKET FOR ENZYMATIC BIO-BATTERY, BY REGION, 2030-2040 ($MILLION)
TABLE 03. BIOBATTERIES MARKET FOR SUGAR, BY REGION, 2030-2040 ($MILLION)
TABLE 04. BIOBATTERIES MARKET FOR MICROBIAL, BY REGION, 2030-2040 ($MILLION)
TABLE 05. BIOBATTERIES MARKET FOR OTHERS, BY REGION, 2030-2040 ($MILLION)
TABLE 06. GLOBAL BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 07. BIOBATTERIES MARKET FOR MEDICAL IMPLANTS, BY REGION, 2030-2040 ($MILLION)
TABLE 08. BIOBATTERIES MARKET FOR MOBILE PHONES AND TABLETS, BY REGION, 2030-2040 ($MILLION)
TABLE 09. BIOBATTERIES MARKET FOR SMALL ELECTRIC TOOLS, BY REGION, 2030-2040 ($MILLION)
TABLE 10. BIOBATTERIES MARKET FOR TOYS, BY REGION, 2030-2040 ($MILLION)
TABLE 11. BIOBATTERIES MARKET FOR OTHERS, BY REGION, 2030-2040 ($MILLION)
TABLE 12. BIOBATTERIES MARKET, BY REGION, 2030-2040 ($MILLION)
TABLE 13. NORTH AMERICA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 14. NORTH AMERICA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 15. NORTH AMERICA BIOBATTERIES MARKET, BY COUNTRY, 2030-2040 ($MILLION)
TABLE 16. U.S. BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 17. U.S. BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 18. CANADA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 19. CANADA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 20. MEXICO BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 21. MEXICO BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 22. EUROPE BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 23. EUROPE BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 24. EUROPE BIOBATTERIES MARKET, BY COUNTRY, 2030-2040 ($MILLION)
TABLE 25. GERMANY BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 26. GERMANY BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 27. UK BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 28. UK BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 29. FRANCE BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 30. FRANCE BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 31. ITALY BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 32. ITALY BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 33. SPAIN BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 34. SPAIN BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 35. REST OF EUROPE BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 36. REST OF EUROPE BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 37. ASIA-PACIFIC BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 38. ASIA-PACIFIC BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 39. ASIA-PACIFIC BIOBATTERIES MARKET, BY COUNTRY, 2030-2040 ($MILLION)
TABLE 40. CHINA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 41. CHINA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 42. JAPAN BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 43. JAPAN BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 44. INDIA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 45. INDIA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 46. SOUTH KOREA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 47. SOUTH KOREA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 48. AUSTRALIA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 49. AUSTRALIA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 50. REST OF ASIA-PACIFIC BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 51. REST OF ASIA-PACIFIC BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 52. LAMEA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 53. LAMEA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 54. LAMEA BIOBATTERIES MARKET, BY COUNTRY, 2030-2040 ($MILLION)
TABLE 55. BRAZIL BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 56. BRAZIL BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 57. SAUDI ARABIA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 58. SAUDI ARABIA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 59. SOUTH AFRICA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 60. SOUTH AFRICA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 61. REST OF LAMEA BIOBATTERIES MARKET, BY TYPE, 2030-2040 ($MILLION)
TABLE 62. REST OF LAMEA BIOBATTERIES MARKET, BY APPLICATION, 2030-2040 ($MILLION)
TABLE 63. SONY CORPORATION: KEY EXECUTIVES
TABLE 64. SONY CORPORATION: COMPANY SNAPSHOT
TABLE 65. SONY CORPORATION: SERVICE SEGMENTS
TABLE 66. SONY CORPORATION: PRODUCT PORTFOLIO
TABLE 67. NEXUS: KEY EXECUTIVES
TABLE 68. NEXUS: COMPANY SNAPSHOT
TABLE 69. NEXUS: PRODUCT SEGMENTS
TABLE 70. NEXUS: PRODUCT PORTFOLIO
TABLE 71. PANASONIC ENERGY CO. LTD.: KEY EXECUTIVES
TABLE 72. PANASONIC ENERGY CO. LTD.: COMPANY SNAPSHOT
TABLE 73. PANASONIC ENERGY CO. LTD.: PRODUCT SEGMENTS
TABLE 74. PANASONIC ENERGY CO. LTD.: PRODUCT PORTFOLIO
TABLE 75. SEC INDUSTRIAL BATTERY INTERNATIONAL LTD.: KEY EXECUTIVES
TABLE 76. SEC INDUSTRIAL BATTERY INTERNATIONAL LTD.: COMPANY SNAPSHOT
TABLE 77. SEC INDUSTRIAL BATTERY INTERNATIONAL LTD.: PRODUCT SEGMENTS
TABLE 78. SEC INDUSTRIAL BATTERY INTERNATIONAL LTD.: PRODUCT PORTFOLIO
TABLE 79. BEFC: KEY EXECUTIVES
TABLE 80. BEFC: COMPANY SNAPSHOT
TABLE 81. BEFC: PRODUCT SEGMENTS
TABLE 82. BEFC: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. BIOBATTERIES MARKET, 2030-2040
FIGURE 02. SEGMENTATION OF BIOBATTERIES MARKET, 2030-2040
FIGURE 03. TOP INVESTMENT POCKETS IN BIOBATTERIES MARKET (2031-2040)
FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW BARGAINING POWER OF BUYERS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. LOW THREAT OF NEW ENTRANTS
FIGURE 08. LOW INTENSITY OF RIVALRY
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALBIOBATTERIES MARKET
FIGURE 10. PATENT ANALYSIS BY COMPANY
FIGURE 11. PATENT ANALYSIS BY COUNTRY
FIGURE 12. VALUE CHAIN ANALYSIS: BIOBATTERIES MARKET
FIGURE 13. BIOBATTERIES MARKET, BY TYPE, 2030 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR ENZYMATIC BIO-BATTERY, BY COUNTRY 2030-2040 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR SUGAR, BY COUNTRY 2030-2040 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR MICROBIAL, BY COUNTRY 2030-2040 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR OTHERS, BY COUNTRY 2030-2040 (%)
FIGURE 18. BIOBATTERIES MARKET, BY APPLICATION, 2030 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR MEDICAL IMPLANTS, BY COUNTRY 2030-2040 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR MOBILE PHONES AND TABLETS, BY COUNTRY 2030-2040 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR SMALL ELECTRIC TOOLS, BY COUNTRY 2030-2040 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR TOYS, BY COUNTRY 2030-2040 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF BIOBATTERIES MARKET FOR OTHERS, BY COUNTRY 2030-2040 (%)
FIGURE 24. BIOBATTERIES MARKET BY REGION, 2030
FIGURE 25. U.S. BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 26. CANADA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 27. MEXICO BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 28. GERMANY BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 29. UK BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 30. FRANCE BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 31. ITALY BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 32. SPAIN BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 33. REST OF EUROPE BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 34. CHINA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 35. JAPAN BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 36. INDIA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 37. SOUTH KOREA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 38. AUSTRALIA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 39. REST OF ASIA-PACIFIC BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 40. BRAZIL BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 41. SAUDI ARABIA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 42. SOUTH AFRICA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 43. REST OF LAMEA BIOBATTERIES MARKET, 2030-2040 ($MILLION)
FIGURE 44. TOP WINNING STRATEGIES, BY YEAR
FIGURE 45. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 46. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 47. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 48. COMPETITIVE DASHBOARD
FIGURE 49. COMPETITIVE HEATMAP: BIOBATTERIES MARKET
FIGURE 50. TOP PLAYER POSITIONING, 2030
FIGURE 51. SONY CORPORATION: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 52. SONY CORPORATION: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021
FIGURE 53. SONY CORPORATION: REVENUE SHARE BY SEGMENT, 2021 (%)

Executive Summary

According to the report titled, “Biobatteries Market," the biobatteries market is estimated at $140.8 million in 2030, and is estimated to reach $295.5 million by 2040, growing at a CAGR of 7.8% from 2031 to 2040.

Biobatteries are devices that are majorly used for the storage of energy. They are used to store chemical energy and later convert it into electrical energy. The biobatteries are based on biological process where glucose is broken down to create energy. Biobatteries are highly potential alternatives and replacements for existing chemical batteries. They are safe to use as they do not have leakage issues. Moreover, there are no chances of explosion as the amount of energy released in such events is relatively very small.

The biobatteries are currently in the development and experimental stage. Companies and research institutes are continuously looking for alternatives that can replace the existing batteries that prove to be hazardous in the longer run. The market for biobatteries has not developed yet as the product is not commercially available. The researchers are looking for enhanced biobatteries to make them practical and easy to use when compared to conventional batteries. Small electric tools such as power banks, remote sensing, toys, and spying devices can be run on biobatteries. These devices require lower energy output and are often used for comparatively lower time stretches, thus biobatteries can be ideally used in such small tools.

Defense Science and Technology Laboratory (DSTL) scientists are working on DNA biobattery tech. Biobattery is made out of DNA, enzymes, lactate, and water. Biobattery tech was scalable and could take the form of large batteries, batteries too small to see, or a completely new format such as a coating. The concept behind the batteries is to use naturally occurring products. These are then degraded using enzymes, releasing electrons which are then captured and can be used as power. Such advancing developments in the field act as a driving factor for the market growth. These biobatteries can also be used in toys as they are safe and reliable for use. The North America biobatteries market is studied across the U.S., Canada, and Mexico. The region is dominated by the U.S. followed by Canada.

The LAMEA market for biobatteries is studied across Brazil, Saudi Arabia, South Africa, and the rest of LAMEA. Brazil was the dominating shareholder of biobatteries in the region. The region experiences slow growth in the market. This is due to the slow growth of technology in the region. The region also suffers from poor investment and research activities which acts as a restraining factor for the market growth.

The biobatteries market size is studied across type, application, and region. By type, the biobatteries market is segmented into enzymatic bio-battery, sugar, microbial, and others (lemon, body fluid based bio-batteries, and cellulose-based bio-batteries). By application, the biobatteries market is divided into medical implants (pacemakers, insulin pumps), mobile phones/tablets, and small electric tools (power banks, remote sensing, toys, and spying devices). Region-wise, the biobatteries market analysis is done across North Amercia, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa).

The key players operating in the biobatteries are Sony, Nexus, Panasonic Energy Co., Ltd., SEC Battery, and BeFC. Engineers from Colorado University, Boulder have developed an innovative bio-manufacturing process that uses a biological organism cultivated in brewery wastewater to create the carbon-based materials needed to make energy storage cells. Nexus Power, Bhubaneswar has developed rechargeable, bio-organic, and bio-degradable batteries for electric two and three-wheeler from crop residue. For their purpose, they have used the crop residue and manufactured rechargeable energy-storing cells from this by applying a unique extraction and filtration process.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features strategies adopted by the key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.

The report further showcases the market size and share with impact of the COVID-19. Furthermore, it provides an overview on the impact of COVID-19 on the Biobatteries market supply chain. Reduction in the count of patients suffering from COVID-19 in the coming days with safety majors taken by governments and vaccination being carried out aggressively to curb the spread of the coronavirus are expected to gradually reduce the impact of COVID-19 on the global biobatteries market. It further highlights the key strategies adopted by players during the global pandemic crisis. Hence, the report outlines an overview of post COVID-19 impact and pre-COVID-19 impact analysis.

Key Findings of the Study

  • The biobatteries market size is provided in terms of revenue.
  • North America is projected to grow at the highest CAGR, accounting for more than 35%, in terms of during the biobatteries market forecast period.
  • By application, medical implants dominated the biobatteries market share by over 30% in 2030
  • By type, enzymatic biobattery dominated the biobatteries market, accounting for more than 50% share.

Companies Mentioned

  • Panasonic Energy Co. Ltd.
  • Nexus
  • BeFC
  • Sony Corporation
  • SEC Industrial Battery International Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages175
PublishedFebruary 2023
Forecast Period2030 - 2040
Estimated Market Value ( USD ) in 2030 $ 139.43 million
Forecasted Market Value ( USD ) by 2040 $ 295.5 million
Regions CoveredGlobal
No. of Companies Mentioned5

Related Topics

Related Reports

The Global Market for Li-ion Battery Recycling 2024-2040 - Product Image

The Global Market for Li-ion Battery Recycling 2024-2040

  • Report
  • 168 Pages
  • Global
From
Battery Energy Storage Systems - Global Strategic Business Report - Product Image

Battery Energy Storage Systems - Global Strategic Business Report

  • Report
  • 427 Pages
  • Global
From
Flow Batteries - Global Strategic Business Report - Product Image

Flow Batteries - Global Strategic Business Report

  • Report
  • 350 Pages
  • Global
From
Battery Plate - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029 - Product Image

Battery Plate - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029

  • Report
  • 125 Pages
  • Global
From
Global Lithium-ion Battery Recycling Market by Battery Chemistry, Recycling Process, Battery Component - Forecast 2024-2030 - Product Image

Global Lithium-ion Battery Recycling Market by Battery Chemistry, Recycling Process, Battery Component - Forecast 2024-2030

  • Report
  • 199 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.