Global Printed Battery Market: Global Industry, Size, Share, Growth, Trends, and Forecast to 2027

Marketresearch.biz, in its upcoming report titled, “Global Printed Battery Market: Global Industry, Size, Share, Growth, Trends, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global printed battery market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global printed battery market and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global printed battery market is segmented on the basis of product type, application, and region. The global printed battery market was valued at US$ X.X million in 2016, and is expected to reach US$ X.X million over the forecast period at a CAGR of XX.X%.

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 Printed batteries are made of hyper-elastic polymer material obtained from isoprene, which make these batteries flexible, stretchable, and resistance to damage. Printed batteries are recyclable and their voltage ranges between 1.5V to 6V.

Miniaturization of electronic products and devices is boosting demand for printed batteries, which is a major factor driving growth of the global printed battery market. In addition, printed batteries are eco-friendly, less expensive, thin, and flexible owing to which they are gaining traction in consumer electronics, which is another major factor expected to drive growth of the global printed battery market over the forecast period. Increasing adoption of printed batteries with voltage less than 1.5V in applications such as RFID tags, hearing aids, disposable medical implants etc. are further propelling growth of the global printed battery market.

Major factors hampering growth of the global printed battery market are low availability of printed ink and limited number of suppliers of printed ink. In addition, application of printed battery is limited to devices and products that consume low power and lack of standardization in film development techniques are other factor expected to hamper growth of the global printed battery market. However, technological advancements to produce high volt batteries and development of nanoparticle printed ink may create lucrative opportunities for major players in the global printed battery market over the forecast period.

North America dominates the global printed battery market and accounts for largest market share in terms of revenue as compared to that of markets in other regions. This is attributed to early adoption of this technology in various applications industries such as packaging, health care, etc., and presence of leading manufacturers in this region. The market in Europe accounts for second largest revenue share contribution to the global printed battery market followed by markets in Latin America, Asia Pacific and Middle East & Africa respectively. The market in Asia Pacific is expected to witness fastest growth in terms of revenue and is expected to register a CAGR of XX.X%, owing to increasing application of printed batteries in consumer electronic devices, which are manufactured in China, Japan, etc.

Global Printed Battery Market Segmentation:

Global printed battery market segmentation, by voltage:

 Below 1.5v

• Between 1.5 to 3 V
• Above 3V

 Global printed battery market segmentation, by product type:

• Rechargeable
• Non- Rechargeable

Global printed battery market segmentation, by application:

• Smart Packaging
• Smart Cards
• Consumer Electronics
• Medical Devices
• Wireless Communication
• Others

Global printed battery market segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa