Global Thin Film And Printed Battery Market
Global Thin Film and Printed Battery Market, By Type (Thin Film Batteries, Printed Batteries), By Voltage (<1.5V, 1.5-3V, >3V), By Capacity (<10 mAh, 10-100 mAh, >100 mAh), By Rechargeability (Primary Batteries, Secondary Batteries), By Application (Consumer Electronics, Wireless Sensors, Medical Devices, Smart Packaging, Smart Cards, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: September 2021
- Report ID: BWC21106
- Available Format: PDF
- Page: 400
Report Overview
Global thin film and printed battery market is growing at a high CAGR because of the emerging and expanding application of thin film and printed batteries in implantable medical devices, such as tiny defibrillators, and other smart devices, such as smart cards, radio frequency identification (RFID), sensors, etc.
Global Thin Film and Printed Battery Market- Industry Trends & Forecast Report 2027
Global thin film and printed battery market was worth USD 98.2 million in 2020 and is further projected to reach USD 442.0 million by 2027, growing at the CAGR of 24.0% in the forecast period. The emerging and expanding application of thin-film and printed batteries in implantable medical devices, such as tiny defibrillators, and other smart devices, such as smart cards, radio frequency identification (RFID), sensors, etc., are propelling the growth of the global thin film and printed battery market.
Source: BlueWeave Consulting
Global Thin Film and Printed Battery Market- Overview
A thin-film battery is a form of solid-state battery that uses both solid electrodes and solid electrolytes. This kind of battery is flexible as well as disposable with a small footprint designed for low-power single-use applications. Battery thin films provide greater specific energy, power density, and energy density. Printed batteries can be directly printed on fabrics or materials that allow wearables to stick to the skin. These kinds of batteries are made up of a zinc manganese dioxide system, free from mercury, making printed batteries environment-friendly.
Global Thin Film and Printed Battery Market Forecast and Trends
Growth Drivers
Expanding Penetration of the IoT Devices
The demand for thin-film-printed batteries will continue to grow due to the increasing penetration of IoT and environmental sensors. The IoT devices and sensors, such as smart home security systems, wireless inventory trackers, etc., are extremely small and compact. Therefore, they need advanced battery designs to function, which is propelling the demand for thin-film and printed batteries. Further, the expanding production capacity of these devices is also contributing to the market's growth.
Technological Advancements in Thin Film and Printed Battery
With the growing demand for lithium-ion batteries and other electric devices, investments are underway to bring technological advancements to thin-film and printed batteries. For instance, scientists from the Tokyo Tech Company and Tohoku University have developed batteries with low resistance at their electrode/solid electrolyte interface to address the disadvantage of all-solid-state batteries. According to recent studies, lithium-ion battery prices have declined dramatically by more than 97%, and their production capacity is expected to triple by 2025, while the cost per kilowatt-hour will drop below USD 100. Such innovations are expected to boost the market in the forecast period.
Restraints
Limited Power Capacity of Thin Film and Printed Batteries
Printed and thin-film batteries both have their advantages and disadvantages due to their size and thickness. As these battery types are thin, their energy capacity is very limited, and therefore, their power consumption is much faster than micro-batteries. Additionally, batteries with different sizes have different capacities. Thus, to yield the same amount of electricity as micro-batteries, they will need to extend their surface area, which would defeat their purpose.
Impact of COVID-19 on Global Thin Film and Printed Battery Market
The sudden outbreak of the COVID-19 pandemic tremendously affected the global thin film and printed battery market. The manufacturing operations of consumer electronic goods declined significantly because of the acute shortage of chips in the market. However, the demand for electronic products boomed in the market during the quarantine period. This resulted in a huge demand and supply gap in the market, negatively affecting the thin film and printed battery market. Experts claim that the only way to overcome this gap is to expand the production capacity of the chips as well as electronic products.
Global Thin Film and Printed Battery Market - By Type
According to type, the global thin film and printed battery market is segmented into thin-film and printed batteries. The thin-film batteries currently hold the largest market share and are also expected to dominate the market during the forecast period. The growth of this segment is attributable to their suitability to fit in compact and miniature devices, such as implantable medical devices. Furthermore, the developments in thin-film lithium-ion batteries by decreasing their size and the cost are expected to boost the segment in the forecast period.
Global Thin Film and Printed Battery Market - By Voltage
Based on the voltage, the global thin film and printed battery market is segmented into <1.5V, 1.5-3V, and >3V. Among these, the <1.5V segment accounted for the largest market share in 2020 as this voltage type is common in many electronic products, such as wearable devices, smart labels, certain low-capacity medical devices, and so on. On the other hand, the market for 1.5-3V thin film and printed batteries is also experiencing rapid growth because of their increasing use in specific applications, such as RFID, medical patches, and entertainment devices.
Global Thin Film and Printed Battery Market - Regional Insights
The thin film and printed battery market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The North American market shares are the largest due to the high demand for wearables that use thin-film and printed batteries. Implant surgeries are in high demand, propelling demand for implantable medical devices requiring thin-film batteries and printed batteries to function. A high concentration of leading battery manufacturers, such as Blue Spark Technologies, Brightvolt Inc., etc., also influences the market growth.
Competitive Landscape
The key players in the global thin film and printed battery market are Blue Spark Technologies, STMicroelectronics, Brightvolt, Inc., Samsung SDI Co Ltd, Cymbet Corporation, Prologium, Excellatron Solid State, Inc., Panasonic Corporation, Jiangsu Enfucell Flexible Electronics Co., Ltd., Fullriver Battery New Technology Co., Ltd., Apple Inc., LG Chem Ltd., Enfucell Oy Ltd., Ultralife Corporation, Prelonic Technologies, Flexel, Molex, and other prominent players.
There are several industry players in this highly fragmented market. Those companies invest heavily in R&D activities, innovate and improve the energy capacity, and focus on regional expansion to broaden their customer base. Moreover, the market is characterized by intense competition, including strategies as mergers, acquisitions, partnerships, and collaborations.
Recent Developments
-
In September 2021, Heilind Electronics, a US-based global distributor of electronic components and an authorized global distributor of Molex, a US-based consumer electronics company, announced that it had expanded its selection of electronic component solutions with the company's disposable thin film batteries.
-
In August 2021, Sakuu, a US-based manufacturer of solid-state lithium-ion batteries, announced to have developed a printed lithium-metal solid-state battery that is half the size and one-third of the weight of their lithium-ion counterparts.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2017-2020 |
Base Year – 2020 |
|
Forecast – 2021 – 2027 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product Service/Segmentation |
By Type, By Voltage, By Capacity, By Rechargeability, By Application, By Region |
Key Players |
Blue Spark Technologies, STMicroelectronics, Brightvolt, Inc., Samsung SDI Co Ltd, Cymbet Corporation, Prologium, Excellatron Solid State, Inc., Panasonic Corporation, Jiangsu Enfucell Flexible Electronics Co., Ltd., Fullriver Battery New Technology Co., Ltd., Apple Inc., LG Chem Ltd., Enfucell Oy Ltd., Ultralife Corporation, Prelonic Technologies, Flexel, Molex, and other prominent players. |
By Type
-
Thin Film Batteries
-
Printed Batteries
By Voltage
-
<1.5V
-
1.5-3V
-
>3V
By Capacity
-
<10 mAh
-
10-100 mAh
-
>100 mAh
By Rechargeability
-
Primary Batteries
-
Secondary Batteries
By Application
-
Consumer Electronics
-
Wireless Sensors
-
Medical Devices
-
Smart Packaging
-
Smart Cards
-
Others
By Region
-
North America
-
Europe
-
Asia-Pacific (APAC)
-
Latin America (LATAM)
-
Middle-East & Africa (MEA)
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Methodology
- Regional Split of Primary & Secondary Research
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Breakdown of Primary Research Respondents, By Industry Participants
- Market Size Estimation
- Assumptions for the Study
- Market Breakdown & Data Triangulation
- Executive Summary
- Industry Insight and Growth Strategy
- Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increasing Penetration Of IoT Devices
- Technological Advancements In Thin Film And Printed Battery
- Restraints
- Limited Power Capacity Of Thin Film And Printed Batteries
- Opportunities
- Expanding Electronics Manufacturing And Production Capacity In Emerging Economies
- Increasing Use Of Thin Film And Printed Batteries In Medical Devices
- Challenges
- Negative Influence of the COVID-19 Pandemic
- Growth Drivers
- Recent Developments
- Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Intensity of Rivalry
- Threat of New Entrants
- Threat of Substitutes
- Global Thin Film and Printed Battery Market Overview
- Market Estimates & Forecast by Value, 2017-2027
- Market Share & Forecast, by Segment
- By Type
- Thin Film Batteries
- Printed Batteries
- By Voltage
- <1.5V
- 1.5-3V
- >3V
- By Capacity
- <10 mAh
- 10-100 mAh
- >100 mAh
- By Rechargeability
- Primary Batteries
- Secondary Batteries
- By Application
- Consumer Electronics
- Wireless Sensors
- Medical Devices
- Smart Packaging
- Smart Cards
- Others
- By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
- By Type
- North America Thin Film and Printed Battery Market Overview
- Market Size and Forecast
- By Value (USD Million), 2017-2027
- Market Share and Forecast
- By Type
- By Voltage
- By Capacity
- By Rechargeability
- By Application
- By Country
- U.S.
- Canada
- Market Size and Forecast
- Europe Thin Film and Printed Battery Market Overview
- Market Size and Forecast
- By Value (USD Million), 2017-2027
- Market Share and Forecast
- By Type
- By Voltage
- By Capacity
- By Rechargeability
- By Application
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Market Size and Forecast
- APAC Thin Film and Printed Battery Market Overview
- Market Size and Forecast
- By Value (USD Million), 2017-2027
- Market Share and Forecast
- By Type
- By Voltage
- By Capacity
- By Rechargeability
- By Application
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
- Market Size and Forecast
- LATAM Thin Film and Printed Battery Market Overview
- Market Size and Forecast
- By Value (USD Million), 2017-2027
- Market Share and Forecast
- By Type
- By Voltage
- By Capacity
- By Rechargeability
- By Application
- By Country
- Mexico
- Brazil
- Rest of LATAM
- Market Size and Forecast
- MEA Thin Film and Printed Battery Market Overview
- Market Size and Forecast
- By Value (USD Million), 2017-2027
- Market Share and Forecast
- By Type
- By Voltage
- By Capacity
- By Rechargeability
- By Application
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- Market Size and Forecast
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share / Ranking Analysis (2020)
- Competitive Benchmarking, By Operating Parameters
- Impact of COVID-19 on Global Thin Film and Printed Battery Market
- Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- Blue Spark Technologies
- STMicroelectronics
- Brightvolt, Inc.
- Samsung SDI Co Ltd
- Cymbet Corporation
- Prologium
- Excellatron Solid State, Inc.
- Panasonic Corporation
- Jiangsu Enfucell Flexible Electronics Co., Ltd.
- Fullriver Battery New Technology Co., Ltd.
- Apple Inc.
- LG Chem Ltd.
- Enfucell Oy Ltd.
- Ultralife Corporation
- Prelonic Technologies
- Flexel
- Molex
- Other Prominent Players
- Key Strategic Recommendations
List of Figures
Figure 1: Global Thin Film and Printed Battery Segmentation
Figure 2: Global Thin Film and Printed Battery Market Value Chain Analysis,
Figure 3: Company Market Share Analysis, 2020
Figure 4: Global Thin Film and Printed Battery Market Size, By Value (USD Million), 2017-2027
Figure 5: Global Thin Film and Printed Battery Market Share (%), By Type, By Value, 2017-2027
Figure 6: Global Thin Film and Printed Battery Market Share (%), By Voltage, By Value, 2017-2027
Figure 7: Global Thin Film and Printed Battery Market Share (%), By Capacity, By Value, 2017-2027
Figure 8: Global Thin Film and Printed Battery Market Share (%), By Rechargeability, By Value, 2017-2027
Figure 9: Global Thin Film and Printed Battery Market Share (%), By Application, By Value, 2017-2027
Figure 10: Global Thin Film and Printed Battery Market Share (%), By Region, By Value, 2017-2027
Figure 11: North America Thin Film and Printed Battery Market Size, By Value (USD Million), 2017-2027
Figure 12: North America Thin Film and Printed Battery Market Share (%), By Type, By Value, 2017-2027
Figure 13: North America Thin Film and Printed Battery Market Share (%), By Voltage, By Value, 2017-2027
Figure 14: North America Thin Film and Printed Battery Market Share (%), By Capacity, By Value, 2017-2027
Figure 15: North America Thin Film and Printed Battery Market Share (%), By Rechargeability, By Value, 2017-2027
Figure 16: North America Thin Film and Printed Battery Market Share (%), By Application, By Value, 2017-2027
Figure 17: North America Thin Film and Printed Battery Market Share (%), By Country, By Value, 2017-2027
Figure 18: Europe Thin Film and Printed Battery Market Size, By Value (USD Million), 2017-2027
Figure 19: Europe Thin Film and Printed Battery Market Share (%), By Type, By Value, 2017-2027
Figure 20: Europe Thin Film and Printed Battery Market Share (%), By Voltage, By Value, 2017-2027
Figure 21: Europe Thin Film and Printed Battery Market Share (%), By Capacity, By Value, 2017-2027
Figure 22: Europe Thin Film and Printed Battery Market Share (%), By Rechargeability, By Value, 2017-2027
Figure 23: Europe Thin Film and Printed Battery Market Share (%), by Application, By Value, 2017-2027
Figure 24: Europe Thin Film and Printed Battery Market Share (%), By Country, By Value, 2017-2027
Figure 25: Asia-Pacific Thin Film and Printed Battery Market Size, By Value (USD Million), 2017-2027
Figure 26: Asia-Pacific Thin Film and Printed Battery Market Share (%), By Type, By Value, 2017-2027
Figure 27: Asia-Pacific Thin Film and Printed Battery Market Share (%), By Voltage, By Value, 2017-2027
Figure 28: Asia-Pacific Thin Film and Printed Battery Market Share (%), By Capacity, By Value, 2017-2027
Figure 29: Asia-Pacific Thin Film and Printed Battery Market Share (%), By Rechargeability, By Value, 2017-2027
Figure 30: Asia-Pacific Thin Film and Printed Battery Market Share (%), By Application, By Value, 2017-2027
Figure 31: Asia-Pacific Thin Film and Printed Battery Market Share (%), By Country, By Value, 2017-2027
Figure 32: Latin America Thin Film and Printed Battery Market Size, By Value (USD Million), 2017-2027
Figure 33: Latin America Thin Film and Printed Battery Market Share (%), By Type, By Value, 2017-2027
Figure 34: Latin America Thin Film and Printed Battery Market Share (%), By Voltage, By Value, 2017-2027
Figure 35: Latin America Thin Film and Printed Battery Market Share (%), By Capacity, By Value, 2017-2027
Figure 36: Latin America Thin Film and Printed Battery Market Share (%), By Rechargeability, By Value, 2017-2027
Figure 37: Latin America Thin Film and Printed Battery Market Share (%), By Application, By Value, 2017-2027
Figure 38: Latin America Thin Film and Printed Battery Market Share (%), By Country, By Value, 2017-2027
Figure 39: Middle East & Africa Thin Film and Printed Battery Market Size, By Value (USD Million), 2017-2027
Figure 40: Middle East & Africa Thin Film and Printed Battery Market Share (%), By Type, By Value, 2017-2027
Figure 41: Middle East & Africa Thin Film and Printed Battery Market Share (%), By Voltage, By Value, 2017-2027
Figure 42: Middle East & Africa Thin Film and Printed Battery Market Share (%), By Capacity, By Value, 2017-2027
Figure 43: Middle East & Africa Thin Film and Printed Battery Market Share (%), By Rechargeability, By Value, 2017-2027
Figure 44: Middle East & Africa Thin Film and Printed Battery Market Share (%), By Application, By Value, 2017-2027
Figure 45: Middle East & Africa Thin Film and Printed Battery Market Share (%), By Region, By Value, 2017-2027
List of Tables
Table 1: Global Thin Film and Printed Battery Market Size, By Type, By Value, 2017-2027
Table 2: Global Thin Film and Printed Battery Market Size, By Voltage, By Value (USD Million), 2017-2027
Table 3: Global Thin Film and Printed Battery Market Size, By Capacity, By Value (USD Million), 2017-2027
Table 4: Global Thin Film and Printed Battery Market Size, By Rechargeability, By Value (USD Million), 2017-2027
Table 5: Global Thin Film and Printed Battery Market Size, By Application, By Value (USD Million), 2017-2027
Table 6: Global Thin Film and Printed Battery Market Size, By Region, By Value (USD Million), 2017-2027
Table 7: North America Thin Film and Printed Battery Market Size, By Type, By Value (USD Million), 2017-2027
Table 8: North America Thin Film and Printed Battery Market Size, By Voltage, By Value (USD Million), 2017-2027
Table 9: North America Thin Film and Printed Battery Market Size, By Capacity, By Value (USD Million), 2017-2027
Table 10: North America Thin Film and Printed Battery Market Size, By Rechargeability, By Value (USD Million), 2017-2027
Table 11: North America Thin Film and Printed Battery Market Size, By Application, By Value (USD Million), 2017-2027,
Table 12: Europe Thin Film and Printed Battery Market Size, By Type, By Value (USD Million), 2017-2027
Table 13: Europe Thin Film and Printed Battery Market Size, By Voltage, By Value (USD Million), 2017-2027
Table 14: Europe Thin Film and Printed Battery Market Size, By Capacity, By Value (USD Million), 2017-2027
Table 15: Europe Thin Film and Printed Battery Market Size, By Rechargeability, By Value (USD Million), 2017-2027
Table 16: Europe Thin Film and Printed Battery Market Size, By Application, By Value (USD Million), 2017-2027
Table 17: the Asia-Pacific Thin Film and Printed Battery Market Size, By Type, By Value (USD Million), 2017-2027
Table 18: the Asia-Pacific Thin Film and Printed Battery Market Size, By Voltage, By Value (USD Million), 2017-2027
Table 19: the Asia-Pacific Thin Film and Printed Battery Market Size, By Capacity, By Value (USD Million), 2017-2027
Table 20: the Asia-Pacific Thin Film and Printed Battery Market Size, By Rechargeability, By Value (USD Million), 2017-2027
Table 21: the Asia-Pacific Thin Film and Printed Battery Market Size, By Application, By Value (USD Million), 2017-2027
Table 22: Latin America Thin Film and Printed Battery Market Size, By Type, By Value (USD Million), 2017-2027
Table 23: Latin America Thin Film and Printed Battery Market Size, By Voltage, By Value (USD Million), 2017-2027
Table 24: Latin America Thin Film and Printed Battery Market Size, By Capacity, By Value (USD Million), 2017-2027
Table 25: Latin America Thin Film and Printed Battery Market Size, By Rechargeability, By Value (USD Million), 2017-2027
Table 26: Latin America Thin Film and Printed Battery Market Size, By Application, By Value (USD Million), 2017-2027
Table 27: The Middle-East & Africa Thin Film and Printed Battery Market Size, By Type, By Value (USD Million), 2017-2027
Table 28: The Middle-East & Africa Thin Film and Printed Battery Market Size, By Voltage, By Value (USD Million), 2017-2027
Table 29: The Middle-East & Africa Thin Film and Printed Battery Market Size, By Capacity, By Value (USD Million), 2017-2027
Table 30: The Middle-East & Africa Thin Film and Printed Battery Market Size, By Rechargeability, By Value (USD Million), 2017-2027
Table 31: The Middle-East & Africa Thin Film and Printed Battery Market Size, By Application, By Value (USD Million), 2017-2027
Table 32: Blue Spark Technologies Financial Analysis
Table 33: Blue Spark Technologies Business Overview
Table 34: STMicroelectronics Financial Analysis
Table 35: STMicroelectronics Business Overview
Table 36: Brightvolt, Inc. Financial Analysis
Table 37: Brightvolt, Inc. Business Overview
Table 38: Samsung SDI Co Ltd Financial Analysis
Table 39: Samsung SDI Co Ltd Business Overview
Table 40: Cymbet Corporation Financial Analysis
Table 41: Cymbet Corporation Business Overview
Table 42: Prologium Financial Analysis
Table 43: Prologium Business Overview
Table 44: Excellatron Solid State, Inc. Financial Analysis
Table 45: Excellatron Solid State, Inc. Business Overview
Table 46: Panasonic Corporation Financial Analysis
Table 47: Panasonic Corporation Business Overview
Table 48: Jiangsu Enfucell Flexible Electronics Co., Ltd. Financial Analysis
Table 49: Jiangsu Enfucell Flexible Electronics Co., Ltd. Business Overview
Table 50: Fullriver Battery New Technology Co., Ltd. Financial Analysis
Table 51: Fullriver Battery New Technology Co., Ltd. Business Overview
Table 52: Apple Inc. Financial Analysis
Table 53: Apple Inc. Financial Analysis
Table 52: LG Chem Ltd. Financial Analysis
Table 53: LG Chem Ltd. Business Overview
Table 54: Enfucell Oy Ltd. Financial Analysis
Table 55: Enfucell Oy Ltd. Business Overview
Table 56: Ultralife Corporation Financial Analysis
Table 57: Ultralife Corporation Business Overview
Table 58: Prelonic Technologies Financial Analysis
Table 59: Prelonic Technologies Business Overview
Table 60: Flexel Financial Analysis
Table 61: Flexel Business Overview
Table 62: Molex Financial Analysis
Table 63: Molex Business Overview
Market Segmentation
By Type
- Thin Film Batteries
- Printed Batteries
By Voltage
- <1.5V
- 1.5-3V
- >3V
By Capacity
- <10 mAh
- 10-100 mAh
- >100 mAh
By Rechargeability
- Primary Batteries
- Secondary Batteries
By Application
- Consumer Electronics
- Wireless Sensors
- Medical Devices
- Smart Packaging
- Smart Cards
- Others
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
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