Global Flexible, Printed and Thin-Film Battery Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Flexible, Printed and Thin Film Battery Market” is an upcoming report by MarketResearch.biz. The global flexible, printed and thin-film battery market segmentation allows for deeper understanding and thought, to decisively assess, analyze, and study. Besides revenues for segments, global, regional, and country-wise, market revenue segmentation will be compiled in a fastidious manner for clear flow and understanding. The analysis will be conducted using expert opinions and inputs, as well as comprehensive primary and secondary research efforts to determine various aspects of the flexible, printed and thin-film battery market. The global flexible, printed and thin-film battery market report will be segmented on the basis of battery type, application, and region.
The advent of flexible printed thin-film batteries has been paved by their requirement in ultra-low-power electronics such as RTCs, DSPs, and MCUs sensors meant for data capture & analysis, and in smart devices that manage wireless networks - Bluetooth, Wi-fi, etc. Flexible, printed, thin-film solid-state batteries are made by depositing that have a thickness of less than 5μm on a substrate.
The incorporation of flexible printed thin-film batteries in wearable devices such as fitness bands, smartwatches, and smart clothing is due to its enhanced charging rate and compact design. This is expected to offer potential growth to the global flexible printed and thin-film battery market over the next ten years.
Innovative advances in fabrication (vacuum evaporation using high-density plasma), large-scale manufacturing, augmented deposition techniques along with substantial partnerships among industry players are factors that could expedite new technology acceptance in the market.
In terms of battery type, the market is categorized into – disposable and rechargeable batteries. In 2018, the disposable battery segment accounted for a majority of the revenue share due to its substantial implementation in single-use utilizations that require low-power such as greeting cards, toys, musical instruments, etc. The rechargeable battery segment is projected to gain significant growth over the next ten years owing to the rising requirement for low-power, energy harvesting sensor systems used in wireless sensor networks.
With respect to the application aspect, the market is segmented into wearables, medical, consumer electronics, and smart cards among others. The wearables segment in 2018, accounted for a major revenue share. This can be accredited to the rising demand for small energy sources and wearable electronics. The medical segment is projected to grow expeditiously over the next ten years due to the rising usage of medical devices and other equipment that are disposable. The consumer electronics segment is also expected to expand at a high CAGR over the next ten years owing to the implementation of these products in devices like smartwatches, washing machines, televisions, tablets, refrigerators, etc. And, this is expected to exponentially propel grow of the global flexible printed thin-film battery market.
The US is a major contributor to the generation of market revenue in North America due to the rising endorsement of embedded energy, EMV chip card technology, power back-up, and rechargeable sources of power. The market in Germany is expected to grow substantially over the next ten years owing to increasing investments in medical equipment of high-quality such as optical technologies, diagnostic imaging as well as dental products. The United Kingdom is the second-largest contributor of flexible printed thin-film batteries to the market after Germany. The Asia Pacific market is projected to transpire as the quickest growing market in the foreseeable future and index a high CAGR as well.
Global Market Segmentation:
Global market segmentation, by Battery Type:
Global market segmentation, by Application:
- Consumer Electronics
- Smart Cards
Global market segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Blue Spark Technologies
- Imprint Energy
- Jenax Inc.
- Printed Energy Pty Ltd.
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