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The Micro Battery Market for the consumer electronics application is projected to grow at the highest CAGR during the forecast period

The Micro Battery Market for consumer electronics application is projected to grow at the highest CAGR from 2021 to 2026. The increasing demand for intelligent and smartwatches and fitness bands has given rise to the development of innovative product designs and the adoption of related components that are compact and flexible. Most wearable devices require batteries that have a high capacity, can be recharged at a fast rate, and are long-lasting. These requirements are opening doors for the applications of micro batteries in consumer electronic devices.