Press release
United States Thin-Film Batteries Market Set for Rapid Growth: Powering Next-Gen Wearables, IoT & Flexible Electronics 2025 | Top key players - Enfucell, Jenax Inc., Molex LLC.
Market Size and Growth:The Global Thin-Film Batteries Market size reached US$ 190.76 million in 2023 and is expected to reach US$ 1,046.82 million by 2031, growing with a CAGR of 23.79% during the forecast period 2024-2031.
The Thin-Film Batteries Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Thin-Film Batteries market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.
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The Thin-Film Batteries Market refers to the industry focused on lightweight, flexible, and compact energy storage solutions made using thin-film deposition techniques. These batteries offer high energy density, fast charging, long cycle life, and design flexibility, making them ideal for applications in medical devices, wearables, smart cards, IoT devices, and consumer electronics, driving their growing global adoption.
Recent Key Developments of United States (U.S):
QuantumScape's Partnership for Commercialization: In April 2025, a U.S. company, QuantumScape, entered a strategic collaboration with Murata Manufacturing to mass-produce its ceramic separator, a crucial component for its solid-state battery technology. This partnership aims to accelerate the commercialization of its batteries.
ION Storage Systems' Capacity Boost: U.S. startup ION Storage Systems announced in 2025 that it achieved a 25x capacity boost and over 1,000 cycles in its large-format cells. This development is supported by a new 30,000 sq. ft. facility, and the company is targeting applications in EVs, defense, electronics, and grid storage.
Factorial Energy's Fast-Charging Validation: In 2025, Factorial Energy, a U.S. company, validated its FEST platform, which enables 15-90% fast charging in just 18 minutes while delivering a high energy density. The company is backed by Stellantis and plans to launch a demo EV fleet in 2026.
Solid Power's Automotive Integration: Solid Power, a U.S. company, advanced its all-solid-state battery roadmap by integrating its large-format cells into BMW's i7 test vehicles in 2025. This move reinforces its role as a key technology provider for next-generation EV development.
Strategic Alliances for Scaling: A general trend in the U.S. thin-film and solid-state battery market in 2025 is the formation of strategic alliances to boost the scaling of flexible thin-film technologies. These partnerships are seen as a key strategy to overcome challenges in production and accelerate market entry.
Key Players:
Enfucell
Jenax Inc.
Molex, LLC
NGK INSULATORS, LTD.
Panasonic Energy Co., Ltd.
ProLogium Technology CO., Ltd.
Swatch Group
The Kurt J. Lesker Company
Ultralife Corporation
VARTA AG.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Market Segmentation:
By Battery: Rechargeable, Disposable.
By Technology: Printed Battery, Ceramic Battery, Lithium Polymer Battery, Others.
By Voltage: Below 1.5 V, 1.5 to 3 V, Above 3 V.
By Capacity: Below 10 mAh, 10 to 100 mAh, Above 100 mAh.
By Application: Consumer Electronics, Medical Devices, Smart Packaging, Smart Cards, Wireless Sensors, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Thin-Film Batteries market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Thin-Film Batteries Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Thin-Film Batteries market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Thin-Film Batteries Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Thin-Film Batteries Market in 2025?
◆ What is the projected growth rate of the Thin-Film Batteries Market through 2033?
◆ Who are the key players in the Thin-Film Batteries Market?
◆ Which region is expected to dominate the industry during the forecast period?
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