The global market for micro battery is projected to rise up to USD 635 million by 2024, growing at a CAGR of 37% between 2019 and 2024. Growth in this industry will be driven by the increased use of wearable instruments, the rising need for compact batteries in medical devices, and the rising demand for small and versatile batteries in IoT systems. These batteries are light in weight, compact, and flexible. They are 1 to 6 mm in height and 5 to 25 mm in diameter.