About Thin Film and Printed Battery
Thin-film and printed batteries are a type of next-generation battery technology that is designed to be thin, flexible, and lightweight. They are made by depositing thin layers of materials, such as metals and polymers, onto a substrate using printing techniques. Thin-film and printed batteries can be used to power IoT devices, such as sensors and tags. Their small size and low profile make them ideal for embedding in devices that need to be small and unobtrusive. The overall outlook for the thin film and printed battery market is positive. The increasing demand for these batteries, coupled with ongoing technological advancements, is expected to drive significant growth in the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Thin Film and Printed Battery market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ultralife Corporation (United States), Enfucell (Finland), Imprint Energy (United States), STMicroelectronics (Switzerland), Blue Spark Technologies, Inc. (United States), SAMSUNG SDI CO., LTD. (South Korea), Panasonic Holdings Corporation (Japan), BrightVolt Inc. (United States), Excellatron (United States) and Protoflex Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are NEC Corporation (United States), Jenax Inc. (South Korea), Cymbet Corporation (United States), FlexEl, LLC (United States) and Evolute (India).
Segmentation Overview
AMA Research has segmented the market of Global Thin Film and Printed Battery market by Type (Thin Film Batteries and Printed Batteries), Application (Consumer Electronics, Energy Harvesting, Pharmaceutical & Medical Devices and Others) and Region.
On the basis of geography, the market of Thin Film and Printed Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Voltage, the sub-segment i.e. <1.5 V will boost the Thin Film and Printed Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Lithium will boost the Thin Film and Printed Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancements in Battery Technology
Market Growth Drivers:
Growing Demand for Wearable Devices and Increasing Miniaturization of Electronic Devices
Challenges:
Low Energy Density than Traditional Batteries
Restraints:
High Initial Investment
Opportunities:
Rising Demand for Internet of Things (IoT) Devices and Expanding Applications
Market Leaders and their expansionary development strategies
In December 2021, Ultralife Corporation acquired Excell Battery Co. to strengthen its capabilities in mission-critical applications, such as downhole drilling, medical devices, OEM industrial devices, automated meters, and more. This acquisition will help scale up Battery & Energy Products business and expand key underserved market segments for the company.
In May 2020, Enfucell launched the WithMe app for detecting temperatures. The app can be installed on a mobile or tablet with an NFC function, where the user can read the data on the Wearable Temperature Tag produced by Enfucell.
Key Target Audience
Manufacturer, Potential Investors, Suppliers & Distributors, New Entrants, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.