Thin Film And Printed Battery Market

Global Thin Film and Printed Battery Market is valued at USD 121.5 Million in 2021 and expected to reach USD 538.6 Million by 2028 with a CAGR of 23.7% over the forecast period. 

Thin Film and Printed Battery Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028. Ongoing miniaturization of electronic devices, rising demand for smart packaging, and growing technological advancements are some of the major factors driving the growth of the Global Thin Film and Printed Battery Market. 

Scope of Global Thin Film and Printed Battery Market Report- 

Thin film and printed batteries are rapidly gaining traction with the development of portable and wearable consumer electronics. These batteries are environment friendly and are increasingly being used in various industries such as healthcare and textiles in the production of smart devices and materials. Thin film and printed batteries are advanced battery technologies that provide batteries suitable for low-power disposable applications. These are used in biometric monitoring devices, sports tracking devices, perishables tracking devices, smart labels and tags, and many other devices. 

The Covid-19 pandemic has shown a negative impact on the growth of the global thin film and printed battery market. The lockdown imposed by countries to prevent the spread of the virus had completely brought production and manufacturing operations to a standstill. As a result, the demand for thin film and printed batteries fell sharply. Even in the post-Covid-19 period, a severe shortage of chips in the market is hampering the market growth. As a result, there has been a huge gap in demand and supply for consumer electronics, which has affected the growth of the global thin film and printed battery market. 

The global thin film and printed battery market are segmented on the type, voltage, capacity, rechargeability, application and region & country level. Based on type, the global thin film and printed battery market is segmented into printed batteries and thin film batteries. By voltage, the global market is segmented into between 1.5V & 3V, below 1.5V, and above 3V. By capacity, the global thin film and printed battery market is segmented into between 10 mAh & 100 mAh, below 10 mAh, and above 100 mAh. Based on rechargeability, the global market is segmented into secondary batteries, and primary batteries. By application, the global thin film and printed battery market is segmented into smart packaging, consumer electronics, medical devices, wireless sensors, smart cards, and others.

Global Thin Film and Printed Battery Market Segmentation:-

By Type: 

• Printed Batteries 
• Thin film Batteries  

By Voltage: 

• Between 1.5V & 3V 
• Below 1.5V  
• Above 3V 

By Capacity: 

• Between 10 mAh & 100 mAh 
• Below 10 mAh 
• Above 100 mAh 

By Rechargeability: 

• Secondary Batteries 
• Primary Batteries 

By Application: 

• Smart Packaging 
• Consumer Electronics 
• Medical Devices  
• Wireless Sensors  
• Smart Cards 
• Others 

Thin Film and Printed Battery Manufacturers

Some major key players for the global thin film and printed battery market report cover prominent players like

• Cymbet Corporation
• Blue Spark Technologies
• Enfucell
• Imprint Energy
• STMicroelectronics NV
• Excellatron Solid State, LLC
• Ilika plc
• Printed Energy Pty Ltd
• Molex (Koch Industries)
• BrightVolt
• others.  

Recent Developments

Film Silicon Valley Startup Plans 3D-Printed Solid-State Battery Gigafactories 

On August 7th, 2022; Silicon Valley startup Sakuú says that it has set up a pilot facility for 3D-printed solid-state batteries — the first in the world. That approach would be a big twist in the battery world if commercially competitive, both because solid-state batteries have been little more than a futurist’s dreams up till now and because 3D printing has not been the method of preference for manufacturing batteries. So, until real scale and commercial competitiveness is achieved, it will only be natural for battery industry followers to approach Sakuú with a full-sized helping of skepticism. 

3D solid-state thin film battery from the Netherlands 

On November 22nd, 2021; Dutch start-up LionVolt BV, a spin-off from the Netherlands Organization for Applied Scientific Research (TNO), announced it secured €4 million from the development agency of the region of Brabant (the Brabantse Ontwikkelingsmaatschappij – BOM), in the Netherlands, and Amsterdam-based venture capital and growth equity firm Prime Ventures, through a funding round. LionVolt said it will use the funds to develop its 3D solid-state thin-film battery technology, which it expects to apply initially in wearables and electric cars. 

Ongoing Miniaturization of Electronic Devices, Rising Demand for Smart Packaging, and Growing Technological Advancement are Some of the Major Factors Driving the Market Growth 

One of the major factors driving the growth of the thin film and printed battery market is the ongoing miniaturization of electronic devices. The ongoing miniaturization of devices such as mobile phones, watches, and medical devices has increased the demand for miniaturized components of electronic devices. Various compact electronic systems and devices are being developed worldwide. The demand for compact and lightweight, printed flexible batteries has increased as conventional batteries face the challenge of reducing the size of electronic devices. Furthermore, the compact form factors of implantable devices require smaller batteries. Implantable and wearable medical devices can move from the designing stage to the marketplace if micro-batteries are used to power them. These batteries must be both thin and light to integrate with wearable devices. In addition, the rising demand for smart packaging is also fostering the growth of the market. Thin film and printed batteries are thin, flexible, and light. They can be rolled up without any loss of energy and are easy to dispose of. Thus, smart packaging manufacturers prefer thin film and printed batteries over conventional batteries, which are bulky & rigid. Growing adoption of micro-batteries through smart packaging the growth of the smart packaging segment is expected to drive the market during the forecast period. For instance; as per the news published, on September 8th, 2021; Eviosys launched as a new company to deliver smart, sustainable packaging solutions. Therefore, many innovations in various smart packaging solutions promote the growth of the thin film and printed battery market. 

Moreover, the growing technological advancements are also supplementing the market growth. In response to the growing demand for batteries and other electric devices, investments continue to make thin-film and printed batteries more technologically advanced. For example; as per the news published, on August 7th, 2018; by using a low-resistance electrode/solid electrolyte interface, scientists at Tokyo Tech Co. and Tohoku University have developed low-resistance batteries to address the disadvantages of all-solid-state batteries. 

However, the high cost associated with thin film and printed batteries may hinder the growth of the global thin film and printed battery market. Despite that, increasing adoption of wireless sensors equipped with thin film and printed batteries may create more opportunities for the further growth of the market. 

North America is Expected to Dominate the Global Thin Film and Printed Battery Market  

Geographically, North America is expected to dominate the global thin film and printed battery market within the forecast period due to the increasing adoption of smartphones, higher adoption of medical electronic devices and growing sales of wearable electronics in this region. The increasing adoption of smartphones is also driving the growth of the market. For instance, according to scientist research publishing, in June 2018; the number of smartphone users worldwide reached 2.5 billion, which is 33% of the world's population. In addition, the higher adoption of medical electronic devices is also supplementing the market growth in this region.  

The Asia Pacific is the fastest-growing region in the global thin film and printed battery market due to the increasing adoption of printed battery technology in consumer electronics such as wireless sensor networks, remote controls, and smart cards, rising sales of wearable electronics and medical electronic devices such as hearing aids and respiratory aids, and the presence of key players in this region. 

On Special Requirement Thin Film and Printed Battery Market  Report is also available for below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 121.5 Million
Base year considered	2021
Forecast Period CAGR %:	23.7%
Market Size Expected in 2028:	USD 538.6 Million
Tables, Charts & Figures:	175
Pages	200
Companies / Key Players	Cymbet Corporation, Blue Spark Technologies, Enfucell, Imprint Energy, STMicroelectronics NV, Excellatron Solid State, LLC, Ilika plc, Printed Energy Pty Ltd, Molex (Koch Industries), BrightVolt, and others.
Segments Covered	By Type, By Voltage, By Capacity,  By Rechargeability, By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Thin Film and Printed Battery Market Report:- 

• Global Thin Film and Printed Battery Market report covers in-depth historical and forecasts analysis 
• Global Thin Film and Printed Battery Market research report provide detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level. 
• Global Thin Film and Printed Battery Market report helps to identify opportunities in the marketplace.    
• Global Thin Film and Printed Battery Market report covers extensive analysis of emerging trends and the competitive landscape.