Thin Film And Printed Battery Market - Forecast(2021 - 2026)

Report Code: ESR 39681 Report Format: PDF + Excel (Delivery in 48 Hrs)

Thin Film and Printed Battery Market Overview

The market for Thin Film and Printed Battery is forecast to reach $1.2 billion by 2026, growing at a CAGR of 20.7% from 2021 to 2026. Thin film and printed batteries are advanced battery technologies that provide suitable batteries for the low-power disposable applications. These are used in biometric monitoring devices, sports tracking devices, perishable goods monitoring devices, smart labels and tags and many other devices. Major factor for the growth of the market is that it is more economical and safe to the environment compared to conventional batteries which drives the market. Growing demand for the IoT devices, medical tracking applications and wearable electronics in both developed and developing countries are expected to drive the growth of the market for thin film and printed battery market. The integration of the batteries with the smart clothing, increased demand for wearable devices with advancements in the fabrication is one factor that drives the market. The rising innovations and developments in energy harvesting is catering to the market growth. These factors are set to boosts the market growth for Thin Film and Printed Battery during the forecast period 2021-2026.

Report Coverage

The report: “Thin Film and Printed Battery Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Thin Film and Printed Battery market.
By Components Electrodes, Electrolytes, Substrates, Current collectors and others
By Chargeability Type – Single use battery, Rechargeable battery
By Voltage <1.5v, 1.5v – 3 V, > 3v
By Capacity <10 mAh, 10 mAh – 100 mAh, > 100 mAh
By ApplicationConsumer electronics, Smart cards, RFID tags, Smart Packaging, Healthcare devices, Wireless sensors, Drones, Energy harvesting, smart textiles and others.
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), South America (Brazil, Argentina and others), and RoW (Middle East and Africa)

Key Takeaways

  • The Thin Film and Printed Battery market is estimated to witness substantial growth over the forecast period primarily due to the growing adoption consumer electronics, healthcare devices and other wireless sensors.
  • Advancement in digital economy and flexible usage with IoT. There are lot more investments made for the IoT projects and electronics. This is safer than the lithium battery which is environmental friendly and also economical.
  • Thin Film and Printed Battery market will have the substantial growth in the APAC market. North America follows APAC with significant growth in the market of Thin film and printed battery.

    Thin Film Battery Market, By Chargeability Type, 2020

    Thin Film Battery Market

 For More Details on This Report - Request for Sample

Thin Film and Printed Battery Market Segment Analysis – By Chargeability type

Thin Film and Printed Battery Market is segmented based on the offering into single use battery and rechargeable battery. The rechargeable battery is expected to grow at the fastest rate of 23.6% in the forecasted period due to its high performing capacity, cost efficiency, safer for the environment also lower packaging waste. The demand for more energy efficient rechargeable thin film and printed battery in the market has increased. The renewable energy storage devices, smart cards, RFID tags, neural simulators and wireless sensors are the major reasons for the growth of the thin film and printed battery market.

Thin Film and Printed Battery Market Segment Analysis – By Application

Thin Film and Printed Battery Market is bifurcated based on application into Consumer electronic, wearable devices, smart packaging, smart cards, wireless communication, Healthcare devices, Wireless sensors, Drones, Energy harvesting, smart textiles and others. The wearable devices are expected to grow at fastest rate of 25.9% in the forecasted period. The higher flexibility, thinness, lightweight and low charging threshold are the reasons for the usage in the manufacturing of wearable devices.

Thin Film and Printed Battery Market Segment Analysis – By Geography

APAC region is expected to grow in the forecasted period at the fastest rate of 22.6%. As the population growth increases in the APAC region in turn it increases the consumption of consumer electronic which again increases the usage of thin film and printed battery. Increased disposable income is also one of the reasons for the market growth. Surging industries in the developing countries like China, India, South East Asia and other is further anticipating the growth market for Thin film and printed battery.

Thin Film and Printed Battery Market Drivers

Increased advancements in the consumer electronics sector

The major factor that drives the Thin Film and Printed Battery market are advancements in IoT, increasing adoption of miniaturization of the product for electronic devices. Rising adoption of rechargeable batteries is driving the market force due its benefits like non toxic, safer to environment, easy shipping, low cost and mass production. These batteries are light weight, and maintenance is easy. These are some drivers for the growth of the market.

Proliferation of IoT

The innovation of the Internet of Things (IoT) is working to connect almost each and every electrical device to the internet. All of these devices will be using numerous amounts of lithium-ion batteries as a power source. Additionally, Artificial Intelligence is anticipated to be the largest emerging technology for the decade. This universal adoption of AI is going to introduce a countless number of electrical devices which are expected to advocate the market growth in the thin film battery market.

Thin Film and Printed Battery Market Challenges

The availability of the printed ink material for the production of battery is challenging, the standardization lacks in the development of the thin film and printed battery. The proprietary technologies used for manufacturing of printed battery differ from on manufacturer to another based on the specification. These batteries cannot be used for other application other than for the product which it is produced for. The handling and coating of the thinner components in the battery are difficult as they are very thin, sensitive and vulnerable. These are the major hindrance faced by the thin film and printed battery market.

Thin Film and Printed Battery Market Landscape

Product Launches, Partnerships & collaborations, Acquisitions are major key strategies to increase the market share and market growth. The major key players of Thin Film and Printed Battery market are Samsung SDI, Blue spark, Apple, LG chem., Fullriver Battery New Technology, Panasonic, Prelonic Technologies, STMicroelectronics, Flexel and others.

Acquisitions/Technology Launches/Partnerships

  • In February 2020, Toyota Motor Corporation and Panasonic set up a joint venture as Prime Planet Energy providing solution for the manufacturing of batteries which includes thin and light weight thin film batteries.
  • In May 2019, Ultralife Corporation acquired Southwest Electronic Energy, battery solution provider. This acquisition will enhance the portfolio of Ultralife Corporation and will expand its business.

Related Reports

Flexible Battery Market - Forecast(2021 - 2026)

Report Code: CMR 0384

Thin Film Battery Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024

Report Code: EPR 53682

For more Electronics Market reports, please click here

1. Thin Film And Printed Battery Market Overview
    1.1 Definitions and Scope
2. Thin Film And Printed Battery Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Application
    2.3 Key trends segmented by Geography
3. Thin Film And Printed Battery Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Thin Film And Printed Battery Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. Thin Film And Printed Battery Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. Thin Film And Printed Battery Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Thin Film And Printed Battery Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
8. Thin Film And Printed Battery Market – By Components (Market Size -$Million/Billion)
    8.1 Electrodes
    8.2 Electrolytes
    8.3 Substrates
    8.4 Current Collectors
    8.5 Others
9. Thin Film And Printed Battery Market – By Application (Market Size -$Million/Billion)
    9.1 Consumer Electronics
    9.2 Smart Cards
    9.3 RFID Cards
    9.4 Smart Packaging
    9.5 Healthcare Devices
    9.6 Wireless Sensors
    9.7 Drones
    9.8 Energy Harvesting
    9.9 Smart Textiles
    9.10 Others
10. Thin Film And Printed Battery Market – By Chargeability (Market Size -$Million/Billion)
    10.1 Single Use
    10.2 Rechargeable
11. Thin Film And Printed Battery Market – By Voltage (Market Size -$Million/Billion)
    11.1 <1.5V
    11.2 1.5-3V
    11.3 >3V
12. Thin Film And Printed Battery Market – By Capacity (Market Size -$Million/Billion)
    12.1 <10 mAh
    12.2 10-100 mAh
    12.3 > 100 mAh
13. Thin Film And Printed Battery Market - By Geography (Market Size -$Million/Billion)
    13.1 North America
        13.1.1 U.S
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 Germany
        13.2.2 France
        13.2.3 UK
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Russia
        13.2.7 Netherlands
        13.2.8 Others
    13.3 APAC
        13.3.1 China
        13.3.2 Japan
        13.3.3 South Korea
        13.3.4 India
        13.3.5 Australia
        13.3.6 Indonesia
        13.3.7 Malaysia
        13.3.8 Others
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Chile
        13.4.4 Colombia
        13.4.5 Others
    13.5 RoW
        13.5.1 Middle East
        13.5.2 Africa
14. Thin Film And Printed Battery Market - Market Entropy
    14.1 New product launches
    14.2 M&A's, collaborations, JVs and partnerships
15. Thin Film And Printed Battery Market – Industry Competitive Landscape (Premium)
    15.1 Market Share – Global
    15.2 Market Share by Region
    15.3 Market Share By Chargeability
16. Thin Film And Printed Battery Market – Key Company List by Country Premium (Premium)
17. Thin Film And Printed Battery Market - Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10

List of Tables

1 US Thin Film And Printed Battery Market Size 2018
2 Canada Thin Film And Printed Battery Market Share 2018
3 Brazil Thin Film And Printed Battery Market Outlook 2019 - 2023
4 Mexico Thin Film And Printed Battery Market Research 2018
5 Germany Thin Film And Printed Battery Market Trends 2019 - 2023 
6 France Thin Film And Printed Battery Market Growth 2019 - 2023 
7 UK Thin Film And Printed Battery Market Demand 2019 - 2023 
8 Italy Thin Film And Printed Battery Market Segmentation 2018
9 Russia Thin Film And Printed Battery Market Analysis 2019 - 2023
10 China Thin Film And Printed Battery Market Revenue 2019 - 2023
11 Japan Thin Film And Printed Battery Market Volume 2019 - 2023
12 South Korea Thin Film And Printed Battery Market Potential 2019 - 2023
13 India Thin Film And Printed Battery Market Leaders 2018
14 Saudi Arabia Thin Film And Printed Battery Market Forecast 2019 - 2023 
15 Kuwait Thin Film And Printed Battery Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link