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Global Thin Film and Printed Battery Market: Rising demand for wearable devices With Top Key Players like Blue Spark Technologies, STMicroelectronics, NEC ENERGY SOLUTIONS, Protoflex Corporation
Press release from: Data Bridge Market Research
Global Thin Film and Printed Battery Market accounted for USD 332.48 million in 2016 and is projected to grow at a CAGR of 24.56% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Thin Film and Printed Battery Market By Material (Electrodes, Electrolytes, Substrates, Current Collectors) Chargeability (Single Use Battery, Rechargeable Battery) Voltage Rate (Below 1.5 V, Between 1.5 V and 3 V, Above 3 V) Application (Smart Packaging, Wearable Devices, Smart Cards, Wireless Communication, Consumer Electronics, Entertainment) – Industry Trends and Forecast to 2024
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Major Market Competitors:
Some of the major players in global thin film and printed battery market include Samsung SDI Co., Ltd., Ultralife Corporation, Panasonic Corporation, Brightvolt Inc., Enfucell OY, Excellatron, IMPRINT ENERGY, Blue Spark Technologies, STMicroelectronics, NEC ENERGY SOLUTIONS, Protoflex Corporation, Jenax Inc., Cymbet, Flexel, Prelonic technologies, and ProLogium Technology Co., Ltd. among others.
The global thin film and printed battery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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Thin films act as a thin layer on a supporting material or a coating which is set down in a single layer of one atom. During completing the requirement of application, they offer less range while processing with little usage of material. Printed battery come in a thin, flexible shape and can be used in wearable devices, smart watch and many more.
Major Market Drivers:
Growing need in the healthcare
Rising demand for wearable devices
Increase in the incorporation of printed battery in smart textiles
Need of standardization for the development in thin film and printed battery
Shortage of printed ink material
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On the basis of material, global thin film and printed battery market is segmented into electrodes, electrolytes, substrates, current collectors and others. Other types of material are separators, binders and foils.
On the basis of chargeability, global thin film and printed battery market is segmented into single use battery and rechargeable battery. Single use battery is sub segmented into thin film and single use printed battery. Rechargeable battery is sub segmented into rechargeable thin film battery and rechargeable printed battery.
On the basis of voltage rate, global thin film and printed battery market is segmented into below 1.5 V, between 1.5 V and 3 V and above 3 V.
On the basis of application, global thin film and printed battery market is segmented into smart packaging, wearable devices, smart cards, wireless communication, consumer electronics, entertainment and others. Smart packaging is sub segmented into Rfid tags and smart labels. Wearable devices is sub segmented into smartwatches, drug delivery systems, fitness bands, pacemakers, cosmetic and medical patches and smart glasses. Wireless communication is sub segmented into wireless sensor networks. Consumer electronics is sub segmented into low drain devices. Entertainment is sub segmented into toys and greeting cards. Other types of applications consist of backup power and energy harvesting.
On the basis of geography, the global thin film and printed battery market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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