Thin film and Printed Battery Market worth 24.6% CAGR by 2026
" COVID-19 Impact on Thin-film and Printed Battery market, size, share, growth, industry analysis, and forecast 2020-2026 "
Thin-film printed batteries can be referred to as low-profile, flexible batteries with a small footprint fabricated for a wide range of products, including cosmetic, consumer electronics, medical, industrial to defense. These batteries facilitate lower internal resistance, high peak current and allow wireless communication. These batteries are economical and eco-friendly as compared to standard lithium batteries.
The constant miniaturization of devices such as mobile phones, watches, and medical devices has resulted in an escalating requirement for miniaturized components in electronic devices. Several mobile electronic systems and devices are being developed around the world. As conventional batteries give rise to the challenge of reducing the size of electronic devices, it has resulted in an increased demand for compact and less-weight, printed flexible batteries. Few other factors, such as advancements in the internet of things, shift in consumers lifestyles, and the surge in demand for smart electronic products, are the key factors thriving the thin film and printed battery market growth.
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Furthermore, increasing developments of next-generation thin film and printed lithium-air batteries, increasing concern for environmental sustainability, and rising demand for greener batteries to power devices generate lucrative opportunities for the thin film and printed battery market growth.
The Thin-film and Printed Battery Market research report titled “Thin-film and Printed Battery Market by Battery Type, Voltage, Application, and Geography – Global Forecast up to 2026.”
Key players of the thin film and printed battery market are Fullriver Battery New Technology Co., Ltd., Samsung SDI Co., Ltd., Enfucell Oy Ltd., Ultralife Corporation, and Blue Spark Technologies.
North America is leading the Thin-film and Printed Battery Market, followed by the Asia Pacific region, majorly due to the rising population, the rising demand for electronic wearable devices, and the increasing per capita disposable incomes in the region. Also, the increasing demand for cost-beneficial, lightweight, energy-efficient batteries, coupled with the surging number of industries in developing countries.
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The report consists of 91 Tables and 64 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.
Thin film and Printed Battery Market by Battery Type
Thin film and Printed Battery Market by Voltage
- Below 1.5V
- 1.5V to 3V
- Above 3V
Thin film and Printed Battery Market by Application
- Wearable Devices
- Consumer Electronics
- Smart Cards
Thin film and Printed Battery Market by Geography
- North America
- Asia Pacific
- Rest of the World