Micro Battery Global Market Report 2025

The micro battery market size has grown rapidly in recent years. It will grow from $1.4 billion in 2024 to $1.59 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth during the historic period can be attributed to the increasing miniaturization of electronic devices, growing demand for portable and wearable consumer electronics, rising adoption of medical implants and health monitoring devices, increasing investments in research and development for solid state and flexible batteries, and growing awareness and adoption of eco friendly and rechargeable micro batteries.

The micro battery market size is expected to see rapid growth in the next few years. It will grow to $2.63 billion in 2029 at a compound annual growth rate (CAGR) of 13.3%. The growth during the forecast period can be attributed to increasing demand for miniaturized electronic devices, growing adoption of wearable technology and medical implants, rising proliferation of internet of things integrated technology devices, increasing focus on developing eco friendly and rechargeable micro batteries, and growing investments in research and development for advanced solid state micro battery technologies. Major trends in the forecast period include advancements in solid state battery technology, development of flexible and stretchable micro batteries, innovation in wireless charging integration, improvements in energy density and miniaturization, and development of eco friendly and recyclable materials for micro batteries.

The increasing demand for wearable electronic devices is expected to drive the growth of the micro battery market going forward. Wearable electronic devices are compact, body worn gadgets that monitor, track, or enhance health, fitness, and daily activities while offering seamless connectivity and convenience. This demand is driven by growing consumer interest in health monitoring, fitness tracking, and connected lifestyle solutions, as people seek convenient, real time insights into their well being and daily activities. Micro batteries support the expansion of wearable electronic devices by providing compact, high energy power sources that enable longer usage times, faster charging, and reliable performance without increasing device size, thereby enhancing both functionality and user convenience. For instance, in August 2023, Eurostat, a Luxembourg based government agency, reported that more than one quarter of people aged 16 to 74 used smart wearables, including smartwatches, fitness bands, and connected clothing, marking a significant rise from 17 percent in previous years. Therefore, the growing demand for wearable electronic devices is propelling the micro battery market.

Major companies in the micro battery market are focusing on innovations that allow faster charging in compact power sources, such as solid state lithium micro batteries, to maintain a competitive advantage. These batteries use a solid electrolyte and ultrathin substrates, offering higher energy density, improved safety, and longer cycle life, while enabling quicker charging compared to conventional lithium ion batteries. For example, in June 2024, Ensurge Micropower, a US based micro battery manufacturer, shipped the world’s first 10 micron solid state lithium micro batteries to a major medical device company. These batteries feature customizable form factors, compatibility with Surface Mount Technology assembly, and enhanced pulse discharge capabilities. Such advancements provide compact, high performance power solutions essential for wearable devices, digital health applications, and connected sensors, thereby driving accelerated growth and innovation.

In June 2025, Maxell Ltd., a Japan based consumer electronics company, acquired the micro primary battery business from Murata Manufacturing Co. Ltd. for an undisclosed amount. Through this acquisition, Maxell aims to strengthen and significantly expand its primary battery segment, a core area of its energy business. Murata Manufacturing Co. Ltd. is a Japan based manufacturer of micro batteries.

Major players in the micro battery market are Panasonic Corporation, Mitsubishi Electric Corporation, STMicroelectronics N.V., Samsung SDI Co. Ltd., TDK Corporation, Molex LLC, Energizer Holdings Inc., Maxell Holdings Ltd., VARTA AG, Duracell Inc., ProLogium Technology Co. Ltd., Sion Power Corp., EEMB Battery Corp., Molicel, Renata SA, Seiko Instruments Inc., Enfucell Oy, Ilika Plc, CAP-XX Ltd., and ITEN.

Asia-Pacific was the largest region in the micro battery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in micro battery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.

The micro battery market research report is one of a series of new reports that provides micro battery market statistics, including micro battery industry global market size, regional shares, competitors with a micro battery market share, detailed micro battery market segments, market trends and opportunities, and any further data you may need to thrive in the micro battery industry. This micro battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A micro battery is a very small power source designed to provide efficient and consistent energy within a compact form. Constructed using advanced design techniques and specialized materials, it delivers high energy storage capacity, durability, and dependable performance despite its limited size.

The primary types of micro batteries include thin film batteries, printed batteries, solid state batteries, button batteries, and others. Thin film batteries are extremely small and lightweight power sources created from multiple thin layers of specialized materials, making them flexible, compact, and ideal for integration into very slim devices. They offer various capacities, including below 10 mAh, 10 to 100 mAh, and above 100 mAh, and different rechargeability options, including primary and secondary batteries. They are used in consumer electronics, wearable devices, medical devices, the internet of things, energy harvesting, and more by several end users such as personal care, healthcare, industrial, and telecommunications.

The countries covered in the micro battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The micro battery market consists of sales of battery management systems, custom-designed battery packs, micro fuel cells, and battery evaluation kits. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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