-- Emerging applications will drive growth. Coin cells will keep their grip in implantable medical devices and integrated circuit backup applications. But emerging applications in smart cards and cosmetic delivery patches will generate $95 million and $30 million, respectively, for thin batteries in 2014. Additional momentum will come from advanced display cards, display-based advertisements, drug-delivery patches, and RFID data loggers. -- Many new applications will favor primary battery technologies. Primary thin batteries offer better economies of scale than their secondary (i.e. rechargeable) counterparts, positioning primary technologies to capitalize early on established and emerging applications. -- Secondary thin battery technologies will find niche opportunities. The long cycle lifetimes of secondary thin batteries offer lower maintenance costs in applications such as wireless RFID sensors, and could give them an edge over coin cells."By 2014, there simply won't be enough space in this market for ten thin battery companies to sustain a healthy business," said Grose. "Anyone interested in getting a seat at the table will need to identify the winners, and identify them early." "Thin Batteries: Novel Storage Powering Novel Devices" is part of Lux Research's Alternative Power and Energy Storage Intelligence Service. Clients subscribing to this service receive continuous research on the industry, as well as market trends and forecasts, ongoing technology scouting reports and proprietary data points in the weekly Lux Research Alternative Power and Energy Storage Journal, and on-demand inquiry with Lux Research analysts. About Lux Research Lux Research provides strategic advice and on-going intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
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