Global Battery For IoT Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Printed Batteries, Chemical Batteries, Thin Film Batteries and Solid State Chip Batteries.

By Rechargeability;

Primary Batteries and Secondary Batteries.

By End Users;

Consumer Electronics, Home Automation, Wearable Devices, BFSI, Industrial, Retail, Agriculture, Aerospace & Defense, Healthcare and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn794879462 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Battery For IoT Market (USD Million), 2021 - 2031

In the year 2024, the Global Battery For IoT Market was valued at USD 13,469.90 million. The size of this market is expected to increase to USD 27,614.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.8%.

The Global Battery for IoT Market is experiencing significant growth, driven by the increasing adoption of IoT devices across various sectors. The Internet of Things (IoT) encompasses a network of interconnected devices that collect, share, and analyze data to improve efficiency, automation, and decision-making processes. As the number of IoT devices proliferates, the demand for reliable and efficient power sources, such as batteries, becomes critical. These batteries must meet the specific requirements of IoT applications, including long life, small size, and high energy efficiency.

Advancements in battery technology are playing a crucial role in supporting the IoT ecosystem. Innovations such as solid-state batteries, energy harvesting techniques, and enhanced lithium-ion batteries are being developed to address the unique challenges posed by IoT devices. These advancements aim to provide longer battery life, faster charging times, and improved safety features, ensuring the seamless operation of IoT devices in various environments. The continuous improvement in battery technology is essential to keep pace with the evolving demands of IoT applications.

Moreover, the integration of IoT devices into various industries, including healthcare, automotive, industrial automation, and smart homes, further propels the market's growth. IoT applications in these sectors require robust and efficient battery solutions to ensure uninterrupted functionality and connectivity. For instance, in healthcare, IoT-enabled medical devices rely on batteries for continuous monitoring and data transmission. Similarly, smart home devices and industrial sensors depend on reliable batteries for optimal performance. As IoT technology continues to advance and expand, the demand for specialized battery solutions will continue to drive the growth of the Global Battery for IoT Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Rechargeability
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Battery For IoT Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing IoT adoption
        2. Advanced battery technologies
        3. Rising energy efficiency
        4. Demand for connectivity
        5. Expansion of smart devices
      2. Restraints
        1. High initial costs
        2. Limited battery lifespan
        3. Environmental concerns
        4. Regulatory challenges
        5. Technological limitations
      3. Opportunities
        1. Renewable energy integration
        2. Battery innovation advancements
        3. Emerging IoT applications
        4. Global market expansion
        5. Strategic partnerships growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Battery For IoT Market, By Type, 2021 - 2031 (USD Million)
      1. Printed Batteries
      2. Chemical Batteries
      3. Thin Film Batteries
      4. Solid State Chip Batteries.
    2. Global Battery For IoT Market, By Rechargeability, 2021 - 2031 (USD Million)
      1. Primary Batteries
      2. Secondary Batteries.
    3. Global Battery For IoT Market, By End Users, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Home Automation
      3. Wearable Devices
      4. BFSI
      5. Industrial
      6. Retail
      7. Agriculture
      8. Aerospace & Defense
      9. Healthcare
      10. Others.
    4. Global Battery For IoT Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Panasonic
      2. Samsung SDI
      3. LG Chem
      4. Sony
      5. Toshiba
      6. BYD
      7. Saft Groupe S.A.
      8. Enersys
      9. Hitachi Chemical
      10. VARTA AG
  7. Analyst Views
  8. Future Outlook of the Market