Global Battery Market for Wearables

US Leads in Battery Demand, While Asia-Pacific Would Register the Highest Growth in the Next 5 Years
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Published: 22 Jul 2016

This study analyses the potential for batteries powering wearable devices globally. Various battery chemistries such as lithium-ion, lithium polymer, thin film batteries, and emerging technologies are discussed. Major end-user applications include batteries for healthcare wearables, industrial and military wearables, and consumer wearables. The market is likely to be driven by the growth in fitness trackers, smart glasses, smart watches, future soldier wearables, Industrial Internet of Things, and clinical wearables. Globally, US is the pioneer in adopting wearables, driving battery demand, followed by Europe. However, during the forecast period, growth in Asia-Pacific is likely to be strong, with demand from Japan, South Korea, and China.

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