openPR Logo
Press release

Thin Film Battery Market to 2024 - Global analysis and forecast by technology used and applications

04-23-2018 12:29 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Thin Film Battery Market to 2024 - Global analysis and forecast

Rising investments towards high class medical equipment in Germany that include dental products, diagnostic imaging and optical technologies will complement the business growth.

Growing demand for wearable electronic devices coupled with rise in the living standards of developing nations including South Korea China and Japan will propel Asia-Pacific thin film battery market. Increasing adoption of battery vehicles will further complement the industry growth. Thin film battery market in India crossed over USD 2 million in 2015.

Global Thin Film Battery Market is expected to grow at over 25% CAGR to surpass USD 1 billion by 2024. Shift in consumer lifestyle owing to the adoption of wearable electronic devices will propel the industry growth. Increased energy storage devices coupled with emerging demand for compact battery will complement the industry growth. Rising adoption of EMV chips and other smart cards in various applications to improve security will propel the business growth. Rising demand for flexible energy storage devices with higher lifetime will stimulate the thin film battery demand. Advanced features with personalized design will open lucrative growth opportunities for thin film battery market.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/843

Overheating property and suitability for wireless sensor networks will stimulate the chargeable thin film battery market. Non-rechargeable thin film battery market share is set to grow over 20% subject to its applications in generating one time passwords, consumer music, greeting cards, sensor semi-active tags and RFID.

Light weight and compact are the major factors that makes its adoption favorable for wearable electronics generating a revenue over USD 80 million in 2015. Growing demand for small energy storage device will deliver considerable industry growth. Substantial growth will be witnessed in medical device applications subject to growing demand disposable equipment. Thin film battery has its applications in information security, banking, transportation and healthcare.

Thin film battery market from backup power is predicted to grow over 20% with increasing demand for continuous power supply and rapid development of wireless communication devices. Ability to enhance transparency throughout the supply chain will offer significant growth to thin fil battery market in RFID.

Browse key industry insights spread across 117 pages with 145 market data tables & 10 figures & charts from the report, “Thin Film Battery Market Size By Product (Chargeable, Disposable), By Application (Wearable Electronics, Medical Devices, Smart Cards, Consumer Products, Backup Power, RFID, Sensors), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Russia, China, India, Japan, South Korea, Saudi Arabia, Brazil, Mexico), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/thin-film-battery-market

Increasing adoption of EMV chip card technology in the U.S. will propel the industry growth. Thin film battery market in the U.S. was valued over USD 70 million in 2015 and it has been analyzed that by 2018, 95% credit cards will be EMV chip enabled.

Reduction in payment fraud with adoption of EMV chips will boost the industry growth in Brazil. Brazil accounted for 35% of Latin America thin film battery market share in 2015. Brazil will witness huge demand for thin film batteries subject to the government funding up to 9.7% of GDP on health.
Major participants in thin film battery market are Excellatron, NEC, Imprint Energy, Blue Spark Technology, Prelonic, Cymbet, ST Microelectronics, Flexel, Enfucell, Powerld, Jenax., Thinfilm and Bightvolt.

Table of Content (TOC-)
Chapter 3 Thin Film Battery Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, (USD Million), 2013-2024
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Innovation & sustainability
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Growing demand for portable and flexible electronic devices
3.6.1.2 Increasing adoption of smart cards and RFID
3.6.1.3 Strict government norms towards security
3.6.1.4 Longer cycle life
3.6.1.5 Low self-discharge rate
3.6.2 Industry pitfall and challenges
3.6.2.1 High initial cost
3.7 Regulatory landscape
3.7.1 Europe
3.7.1.1 Battery Directive
3.7.1.2 Secondary European Legislation on Batteries:
3.7.2 UK
3.7.3 Germany
3.7.4 U.S.
3.7.5 China
3.7.5.1 China RoHS Directive
3.7.5.2 Taiwan RoHS Restricted Substances
3.7.6 Japan
3.7.6.1 International Battery Standards and Testing
3.8 Growth potential analysis
3.9 Competitive landscape
3.9.1 Strategy dashboard
3.9.2 Competitive application analysis
3.10 Porter’s analysis
3.11 PESTLE analysis
3.12 Analyst 360 -degree industry perspective

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thin Film Battery Market to 2024 - Global analysis and forecast by technology used and applications here

News-ID: 1026496 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Battery

America SLI Battery Market Segment, Trends and Forecast to 2026 | XS Power Batte …
Global Market Insights has launched a report on America SLI Battery Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere. Global Market Insights, Inc. forecasts the America SLI Battery Market
Golf Cart Battery Market | Axion Power, Samsung SDI, Dyno Battery, Smart Battery
Global Golf Cart Battery Market: Overview The global market for golf cart batteries is expected to expand at a promising pace in the next few years, with the rising uptake of golf carts as practical transportation modes for elderly in places such as airports, crowded stations, and tourist locations globally expected to act as a key growth factor. The increased usage of golf carts other nonconventional application areas is also expected
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors. The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017 A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery