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Micro Battery Market Research Report, Component, Type, Product, Capacity, Application and Region - Forecast till 2027 the market size is projected to be worth USD 1.47 billion by 2027, registering a CAGR of 26.7% during the forecast period (2021 - 2027), The market was valued at USD 336 million in 2021.
COVID-19 Analysis
The COVID-19 outbreak had a noteworthy impact on the micro battery market as well as its end users. Some end users like smart textile manufacturers, smart cards, printed electronics, wearables, and consumer electronics, had been badly hit by the outbreak and had to slow down production. Other end users however like electronic medical device manufacturers had to ramp up and set up additional production capacity for adapting to increased consumption. The overall long-term impact of the crisis on the micro battery market is likely to rest on different factors like the global spread as well as the duration of the outbreak, actions undertaken by differ
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