Thin Film and Printed Battery Market Is Expected to Grow at a CAGR of 24.7% Between 2016 and 2022

96
0
SHARE

Northbrook, IL — 12/07/2017 — The thin film and printed battery market is mainly led by batteries having below 1.5 volts. The thin film and printed battery market is expected to be worth USD 1.25 billion by 2022, growing at a CAGR of 24.7% between 2016 and 2022.

Thin film and printed batteries have supported the growing requirement for miniaturized wearable and healthcare devices and are also implemented in many new applications. On the basis of chargeability, thin film and printed batteries are categorized into rechargeable and single-use batteries. A variety of materials are used to enhance the features and efficiency of the battery, including battery life and bio-compatibility.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=660

On the basis of voltage rating, thin film and printed batteries are categorized into below 1.5 V, between 1.5 V and 3 V, and above 3 V. The growth of this market is propelled by the increasing demand for wearable devices, increasing integration of printed battery solutions in smart textiles and high requirement of thin film and printed battery solutions in the healthcare industry.

STMicroelectronics N.V. (Netherlands), Samsung SDI Co., Ltd. (South Korea), Panasonic Corporation (Japan), Ultralife Corporation (U.S.) are some of the leading players in the thin film battery market. Blue Spark Technologies Ltd. (U.S.), Enfucell Oy Ltd. (Finland), Jenax Inc. (South Korea), Imprint Energy (U.S.), and Flexel LLC (U.S.) are some of the leading players in the printed battery market. New product launches and developments, expansions, contracts, agreements, acquisitions, and partnerships had been the key strategies followed by the major players to gain a competitive edge in the market.

STMicroelectronics N.V. (Netherlands) is engaged in the designing, developing, manufacturing, and marketing of a wide range of semiconductor integrated circuits and discrete devices. The company not only has a wide market presence but also has a diversified product portfolio. STMicroelectronics offers EnFilm thin film batteries which are rechargeable and of a thickness less than 0.25mm, which is ideal for powering the next-generation technology and Internet of Things (IoT).

Besides, the company invests a major proportion of its capital to develop new batteries that are profitable and satisfy the needs of its customers. In 2015, the company launched EnFilm thin film batteries designed for applications such as Internet of Things (IoT), sensors and networks, RFID tags, smart cards, energy storage for harvesting devices, and wearable devices.

Blues Spark Technologies (U.S.) designs, develops, and supplies thin, flexible, and eco-friendly printed battery technology solutions. The company also offers carbon-zinc batteries for applications such as smart cards, radio frequency (RF)-based sensors, and radio frequency identification (RFID) tags, interactive packaging, merchandising displays, consumer products, and novelty items. The company's products are used in food and beverages, pharmaceutical, chemical, healthcare industries, and medical diagnostics. Also, the company provides market-driven solutions for battery-assisted RFID, RF-linked sensors, and transdermal patches, smart cards, and interactive printed media. In January 2016, Blue Spark Technologies launched TempTraq, the first wearable Bluetooth thermometer in the market powered by their printed battery solution.

Other players involved in the development of thin film and printed batteries include Cymbet Corporation (U.S.), NEC Energy Solutions (U.S.), Ultralife Corporation (U.S.), Excellatron Solid State LLC (U.S.), and ProtoFlex Corporation (U.S.), among others.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Powered by WPeMatico