Companies Dominating the IoT Battery Landscape
- Duracell Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- LG Chem Ltd
- AFT Group
- STMicroelectronics
- Ultralife corporation
- Cymbet Corporation
- Enfucell OY
- Rocket Electric Co. Ltd
- Tadiran Batteries
- Samsung SDI Co
The market dynamics for IoT batteries is characterized by the presence of multiple players striving to develop contemporary battery solutions. These firms that are involved are leading the way in offering dependable, effective, and environmentally friendly power sources for the interconnected world, influencing the future of batteries for the Internet of Things. The prominent participants in IoT battery market comprise:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of IoT battery is evaluated at USD 12.2 billion.
The IoT battery market size was over USD 11.32 billion in 2024 and is poised to exceed USD 37.72 billion by 2037, growing at over 9.7% CAGR during the forecast period i.e., between 2025-2037. The demand for IoT devices in consumer electronics, home automation, and wearable devices, BFSI, aerospace & military, and healthcare will fuel the market growth.
North America industry is poised to hold largest revenue share of 35% by 2037, influenced by rapid technical innovation and the increasing adoption rates of IoT devices in the region.
The major players in the market are LG Chem Ltd, AFT Group, STMicroelectronics, Ultralife corporation, Cymbet Corporation, Enfucell, Rocket Electric Co. Ltd, Tadiran Batteries, Samsung SDI Co, and others.
