Selbyville, Delaware, Feb. 01, 2021 (GLOBE NEWSWIRE) -- According to industry experts, worldwide thin film and printed battery market size was valued USD 78.6 billion in 2019 and is anticipated to expand a yearly growth rate of over 24.7% over 2020-2027. Rising trend of miniaturization of electronic devices serves a major growth propellant for the industry. Moreover, growing popularity of wearables along with escalating demand for printed batteries in IoT applications and medical devices are enhancing the industry outlook.
Proceeding further, a compilation of important studies that explore the industry segmentation, geographical scope, and competitive landscape is hosted in the research literature. Moreover, a detailed account of the industry supply chain including the top equipment & raw material suppliers, downstream buyers, and distribution channels is furnished in the document.
For the uninitiated, thin film batteries are generally deposited through vacuum-based methods or sol-gel processing, with the different battery parts presented in layers. Several distinctive characteristics like lightweight, high flexibility, easy portability, robust power, and exceptional energy density are motivating the use of these products.
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On the contrary, global thin film and printed battery industry expansion is likely to be hindered by the lack of standardized procedure due to variations in patented technologies used in the manufacturing process.
Regional outlook:
North America, Latin America, Asia Pacific, and Europe are the key contributors to the overall thin film and printed battery market remuneration. North America is anticipated to lead the industry growth in the forthcoming years, largely creditable to increasing R&D activities and technological innovations in the U.S.
Meanwhile, Asia Pacific market is anticipated to garner tremendous gains over the forecast period owing to rising penetration of IoT devices and rapid expansion of electronics manufacturing industry in the region.
Competitive landscape:
Top-tier players in global thin film and printed battery industry sphere are focused on acquisition, partnerships, and development of new & advanced thin films and batteries to expand their reach in this domain. For instance, Central Midori and Enfucell, in 2017, entered into an agreement to manufacture SoftBattery power supplies of Enfucell, which in turn, expanded the geographical presence of Enfucell and its partner networks in emerging markets. In another major development, Ultralife Corp., in May 2019, acquired battery solutions provider Southwest Electronic Energy, for USD 25 million. This move extended Ultralife’s portfolio of batteries technologies and improved its technical expertise to new industry segments.
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Global Thin Film and Printed Battery Market Type Sub-Segments (Revenue, USD Billion, 2017-2027)
- Printed Batteries
- Thin Film Batteries
Global Thin Film and Printed Battery Market Voltage Sub-Segments (Revenue, USD Billion, 2017-2027)
- Above 3V
- Between 1.5V and 3V
- Below 1.5V
Global Thin Film and Printed Battery Market Capacity Sub-Segments (Revenue, USD Billion, 2017-2027)
- Above 100 mAh
- Between 10 mAh and 100 mAh
- Below 10 mAh
Global Thin Film and Printed Battery Market Rechargeability Sub-Segments (Revenue, USD Billion, 2017-2027)
- Primary Batteries
- Secondary Batteries
Global Thin Film and Printed Battery Market Application Sub-Segments (Revenue, USD Billion, 2017-2027)
- Smart Packaging
- Consumer Electronics
- Smart Cards
- Others
Global Thin Film and Printed Battery Market Geographical Bifurcation (Revenue, USD Billion, 2017-2027)
North America
- Canada
- United States
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- India
- China
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
Rest of the World
Global Thin Film and Printed Battery Market Company Profiles (Revenue, USD Billion, 2017-2027)
- ProtoFlex Corp.
- Cymbet Corp.
- HBL Power Systems Ltd.
- STMicroelectronics N.V.
- BrightVolt (Solicore)
- LG Chem Ltd.
- Blue Spark Technologies, Inc.,
- Ultralife Corp.
- Enfucell Oy
- Samsung SDI Co., Ltd.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Thin Film and Printed Battery Market, by Region, 2018-2027 (USD Billion)
1.2.2. Thin Film and Printed Battery Market, By Type, 2018-2027 (USD Billion)
1.2.3. Thin Film and Printed Battery Market, by Voltage, 2018-2027 (USD Billion)
1.2.4. Thin Film and Printed Battery Market, by Capacity, 2018-2027 (USD Billion)
1.2.5. Thin Film and Printed Battery Market, by Rechargeability, 2018-2027 (USD Billion)
1.2.6. Thin Film and Printed Battery Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Thin Film and Printed Battery Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Thin Film and Printed Battery Market Dynamics
3.1. Thin Film and Printed Battery Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Thin Film and Printed Battery Market Industry Analysis
4.1. Porter's 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Thin Film and Printed Battery Market, By Type
5.1. Market Snapshot
5.2. Global Thin Film and Printed Battery Market by type, Performance - Potential Analysis
5.3. Global Thin Film and Printed Battery Market Estimates & Forecasts By type 2017-2027 (USD Billion)
5.4. Thin Film and Printed Battery Market, Sub Segment Analysis
5.4.1. Printed Batteries
5.4.2. Thin film Batteries
Chapter 6. Global Thin Film and Printed Battery Market, By Voltage
6.1. Market Snapshot
6.2. Global Thin Film and Printed Battery Market by voltage, Performance - Potential Analysis
6.3. Global Thin Film and Printed Battery Market Estimates & Forecasts by voltage2017-2027 (USD Billion)
6.4. Thin Film and Printed Battery Market, Sub Segment Analysis
6.4.1. Below 1.5V
6.4.2. Between 1.5V and 3V
6.4.3. Above 3V
Chapter 7. Global Thin Film and Printed Battery Market, By Capacity
7.1. Market Snapshot
7.2. Global Thin Film and Printed Battery Market by capacity, Performance - Potential Analysis
7.3. Global Thin Film and Printed Battery Market Estimates & Forecasts by capacity 2017-2027 (USD Billion)
7.4. Thin Film and Printed Battery Market, Sub Segment Analysis
7.4.1. Below 10 mAh
7.4.2. Between 10 mAh and 100 mAh
7.4.3. Above 100 mAh
Chapter 8. Global Thin Film and Printed Battery Market, By Rechargeability
8.1. Market Snapshot
8.2. Global Thin Film and Printed Battery Market by Rechargeability, Performance - Potential Analysis
8.3. Global Thin Film and Printed Battery Market Estimates & Forecasts by Rechargeability 2017-2027 (USD Billion)
8.4. Thin Film and Printed Battery Market, Sub Segment Analysis
8.4.1. Primary Batteries
8.4.2. Secondary Batteries
Chapter 9. Global Thin Film and Printed Battery Market, By Application
9.1. Market Snapshot
9.2. Global Thin Film and Printed Battery Market by application, Performance - Potential Analysis
9.3. Global Thin Film and Printed Battery Market Estimates & Forecasts by application 2017-2027 (USD Billion)
9.4. Thin Film and Printed Battery Market, Sub Segment Analysis
9.4.1. Consumer Electronics
9.4.2. Smart Packaging
9.4.3. Smart cards
9.4.4. others
Chapter 10. Global Thin Film and Printed Battery Market, Regional Analysis
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