Middle East & Africa Micro Battery Market Forecast to 2030 - Regional Analysis - by Type, Rechargeability, and Application

List of Tables

The Middle East & Africa micro battery market was valued at US$ 48.51 million in 2022 and is expected to reach US$ 177.94 million by 2030; it is estimated to record a CAGR of 17.6% from 2022 to 2030.

Increasing Focus on Sustainability Bolsters Middle East & Africa Micro Battery Market

The increasing focus on sustainability is anticipated to be a major trend in the micro battery market. Sustainability refers to the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. Sustainability encompasses environmental, social, and economic aspects of development and aims to create a more inclusive and resilient society. Moreover, there is growing awareness about the environmental impacts of conventional batteries, such as greenhouse gas emissions, resource depletion, waste generation, and pollution. It can also help minimize waste by being recyclable, biodegradable, or compostable. Additionally, regulatory and reporting standards for environmental, social, and governance (ESG) performance are increasing. ESG refers to the criteria that measure an organization's sustainability and social impact. ESG investors and rating agencies are holding firms accountable for their ESG performance and are rewarding those that demonstrate leadership and innovation in sustainability. Micro batteries can help firms improve their ESG performance by reducing their carbon footprint, enhancing their energy efficiency, and supporting their social responsibility initiatives.

Middle East & Africa Micro Battery Market Overview

Micro batteries, also known as button batteries or coin batteries, are small, compact energy storage devices commonly used in portable electronic devices such as watches, calculators, and hearing aids. One of the primary drivers of the micro battery market in the Middle East & Africa is the rapid expansion of the consumer electronics industry. With increasing disposable income and a rising middle class, there has been a surge in demand for smartphones, wearable devices, and other electronic gadgets in the region. These devices require reliable and long-lasting power sources, making micro batteries an essential component in their design and functionality.

Furthermore, the healthcare sector in the Middle East & Africa is witnessing significant advancements, leading to an increased adoption of medical devices and equipment. Micro batteries play a crucial role in powering implantable medical devices, such as pacemakers and hearing aids, as well as in portable diagnostic devices. The growing emphasis on healthcare infrastructure development and improving access to quality healthcare services has fueled the demand for micro batteries in the region.

Middle East & Africa Micro Battery Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Micro Battery Market Segmentation

The Middle East & Africa micro battery market is segmented based on type, rechargeability, application, and country. Based on type, the Middle East & Africa micro battery market is categorized into thin film battery, solid state chip battery, and button battery. The button battery segment held the largest market share in 2022.

In terms of rechargeability, the Middle East & Africa micro battery market is bifurcated into primary battery and secondary battery. The primary battery segment held a larger market share in 2022.

By application, the Middle East & Africa micro battery market is categorized into consumer electronics, smart packing, medical devices, wireless sensor nodes, and others. The consumer electronics segment held the largest market in 2022.

By country, the Middle East & Africa micro battery market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa micro battery market share in 2022.

Molex LLC, Murata Manufacturing Co Ltd, Duracell Inc, and Maxell Holdings Ltd are some of the leading companies operating in the Middle East & Africa micro battery market.

Product Code: BMIRE00030464

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Micro Battery Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain:

5. Middle East & Africa Micro Battery Market - Key Industry Dynamics

5.1 Drivers
- 5.1.1 Increase in Demand for Wearable Devices
- 5.1.2 Miniaturization of Consumer Electronics
- 5.1.3 Advantages of Micro Batteries
5.2 Restraints
- 5.2.1 Need for Large Investments
- 5.2.2 Limited Energy Storage Capacity
5.3 Opportunities
- 5.3.1 Advancements in IoT Devices
- 5.3.2 Expansion in Healthcare industry
5.4 Trends
- 5.4.1 Increasing Focus on Sustainability
5.5 Impact of Drivers and Restraints:

6. Micro Battery Market - Middle East & Africa Market Analysis

6.1 Micro Battery Market Overview
6.2 Micro Battery Market Revenue (US$ Million), 2020-2030
6.3 Micro Battery Market Forecast and Analysis

7. Middle East & Africa Micro Battery Market Analysis - Type

7.1 Button Battery
- 7.1.1 Overview
- 7.1.2 Button Battery Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Thin Film Battery
- 7.2.1 Overview
- 7.2.2 Thin Film Battery Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Solid State Chip Battery
- 7.3.1 Overview
- 7.3.2 Solid State Chip Battery Market Revenue and Forecasts to 2030 (US$ Million)

8. Middle East & Africa Micro Battery Market Analysis - Rechargeability

8.1 Primary Battery
- 8.1.1 Overview
- 8.1.2 Primary Battery Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Secondary Battery
- 8.2.1 Overview
- 8.2.2 Secondary Battery Market Revenue and Forecasts to 2030 (US$ Million)

9. Middle East & Africa Micro Battery Market Analysis - Application

9.1 Consumer Electronics
- 9.1.1 Overview
- 9.1.2 Consumer Electronics Revenue and Forecasts to 2030 (US$ Million)
9.2 Medical Devices
- 9.2.1 Overview
- 9.2.2 Medical Devices Market Revenue and Forecasts to 2030 (US$ Million)
9.3 Smart Packing
- 9.3.1 Overview
- 9.3.2 Smart Packing Market Revenue and Forecasts o 2030 (US$ Million)
9.4 Wireless Sensor Nodes
- 9.4.1 Overview
- 9.4.2 Wireless Sensor Nodes Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Others
- 9.5.1 Overview
- 9.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

10. Middle East & Africa Micro Battery Market - Country Analysis

10.1 Middle East & Africa
- 10.1.1 Middle East & Africa Micro Battery Market Overview
- 10.1.2 Middle East & Africa Micro Battery Market Revenue and Forecasts and Analysis - By Countries
  - 10.1.2.1 South Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.1.1 South Africa Micro Battery Market Breakdown by Type
    - 10.1.2.1.2 South Africa Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.1.3 South Africa Micro Battery Market Breakdown by Application
  - 10.1.2.2 Saudi Arabia Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.2.1 Saudi Arabia Micro Battery Market Breakdown by Type
    - 10.1.2.2.2 Saudi Arabia Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.2.3 Saudi Arabia Micro Battery Market Breakdown by Application
  - 10.1.2.3 UAE Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.3.1 UAE Micro Battery Market Breakdown by Type
    - 10.1.2.3.2 UAE Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.3.3 UAE Micro Battery Market Breakdown by Application
  - 10.1.2.4 Rest of Middle East & Africa Micro Battery Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.4.1 Rest of Middle East & Africa Micro Battery Market Breakdown by Type
    - 10.1.2.4.2 Rest of Middle East & Africa Micro Battery Market Breakdown by Rechargeability
    - 10.1.2.4.3 Rest of Middle East & Africa Micro Battery Market Breakdown by Application

11. Competitive Landscape

11.1 Heat Map Analysis By Key Players

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development

13. Company Profiles

13.1 Molex LLC
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Murata Manufacturing Co Ltd
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Duracell Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Maxell Holdings, Ltd
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments

14. Appendix

14.1 Word Index