What lithium batteries do smartwatches use? Smart watch soft pack battery market analysis

What lithium batteries do smartwatches use? Smart watch soft pack battery market analysis

Compared with traditional watches, smart watches are updated at a faster rate. With the promotion and application of large screen, heart rate function, exercise monitoring, sleep monitoring and other increasingly rich functions, coupled with the improvement of people's disposable income, the shipments of smart watches are growing.

According to well-known statistics, global smartwatch shipments grew from 50 million in 2016 to 100 million in 2021. With the continuous improvement of smartwatch penetration and the significant improvement of the overall performance of smartwatches, the replacement cycle is continuously extended. After 2017, the global smartwatch has entered a stable development stage.

With the increasing penetration rate of smart watches and the continuous development of mobile communication technology, the number of internal parts of smart watches is gradually increasing, the functions of the watch are constantly enriched, the screen size is constantly expanding, and the screen starts to develop towards high resolution, and the endurance of smart watches begins to face challenges.

In the face of increasing battery life pressure, smart watch manufacturers solve the problem by increasing the capacity of smart lithium batteries, and promote the development of smart watch lithium batteries to large capacity and high magnification.

From the perspective of the lithium battery category of smartwatch, it is mainly divided into soft pack battery and square battery. From the changes of the proportion in recent years, the lithium battery of smartwatch mainly develops towards the direction of soft pack battery, and the market proportion increases year by year.

According to statistics from well-known websites, in 2017, the soft pack battery accounted for 53.72% of the lithium battery in watches, and in 2019, the soft pack battery accounted for 84.94%. It is expected that the soft pack battery will be widely used in watches in 2022, and its market share is expected to increase to 88.66%.