Primary Thin Film and Printed Battery Market 2022 Key Regions, Opportunity Analysis, Industry Forecast to 2027, Company Profile: Samsung SDI Co. Ltd (KRX: 006400), Enfucell, Ultralife Corporation (NASDAQ: ULBI)

Registering a CAGR of 24.1% over the forecast period, the market value of Primary Thin Film and Printed Battery is expected to reach US$ 452.20 million in the year 2027.

Primary Thin Film and Printed Battery Market Overview

The growth of the thin film and printed batterymarket is majorly driven by growing demand for thin film and printed batteries for use in wearables, ongoing miniaturization of electronic devices, surging demand for printed flexible batteries in IoT applications, increasing use of printed flexible batteries in medical devices to treat COVID-19 patients.A thin-Film Battery is a thin, flexible, disposable battery with a small footprint that is designed for low-power, single-use applications. Thin Film Batteries (Zn anode / MnO2 cathode) are zinc-carbon primary cells that deliver 1.5 or 3.0 volts nominally.

Major factors that are expected to boost the growth of the thin film and printed battery market in the forecast period are the rise in the need for thin film and printed battery solutions in healthcare industry. Furthermore, the increase in the integration of printed battery solution in smart textiles is further anticipated to propel the growth of the thin film and printed battery market.Flexible battery packs can be mounted to any shape or size product, and thin-film batteries are lightweight, flexible, and have a longer shelf life. Electronic device demand has risen significantly over the years as a result of their low cost, the convenience they give, such as conducting mobile communication and accessing the internet, and their wide availability at affordable costs to people of all social classes. Mobile phones, laptop computers, cameras, and calculators are examples of electronic devices.

Who are the Major Players in the Primary Thin Film and Printed Battery Market?

The global Primary Thin Film and Printed Battery includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Samsung SDI Co., Ltd (KRX: 006400), Enfucell, Ultralife Corporation (NASDAQ: ULBI), Blue Spark Technologies Inc., BrightVolt, LG Chem Ltd. (KRX: 051910), Fullriver Battery, Panasonic Holdings Corporation and others.

Industry News and Updates:

The present and future of batteries that Samsung SDI dreams of

Samsung SDI will participate in the exhibition, ‘InterBattery 2022’ which will be held for three days from March 17th to 19th. Under this year’s theme of ‘Our Bright Future with PRiMX’, Samsung SDI will showcase its battery technology which stands at the center of future technology development and independent brand PRiMX.

In May 2019, Ultralife Corporation acquired Southwest Electronic Energy (SWE), an advanced battery solutions provider, in a deal worth USD 25 million. This acquisition enhanced the extensive portfolio of batteries and charger technologies of Ultralife Corporation and expanded its technical expertise to new industry segments.

In May 2017, Enfucell and Central Midori signed a license agreement for printing SoftBattery power sources of Enfucell. Under this agreement, Enfucell is widening the geographical coverage of its partner network to be able to serve the rapidly growing markets for IoT-enabled and wearable devices that are powered by printable batteries.

What are the major Applications, Types, and Regions for the Primary Thin Film and Printed Battery Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Below 1.5V


• Between 1.5V and 3V


• Above 3V

By Application, it is segmented into

• Consumer Electronics


• Smart Packaging


• Smart Cards


• Medical Devices


• Wireless Sensors


• Others

Thin film and printed battery Market, By Capacity

• Below 10 mAh


•  Between 10 mAh and 100 mAh


•  Above 100 mAh

Thin film and printed battery Market, By Rechargeability

• Primary Batteries


• Secondary Batteries

Technological Advancements & Future Challenges in the Medical & Industrial Sector are Expected to Drive the Thin Film and Printed Battery Market. The constant advancements in smart and multifunctional materials, as well as the expansion of the Internet of Things, necessitate novel battery designs with enhanced integration in various substrates and devices, resulting in more efficient energy storage devices with higher power and energy density.

Primary Thin Film and Printed Battery Market Regional Analysis

North America accounted for the largest share of the thin film and printed battery market in 2019. Smart packaging, wearable devices, and smart cards are key application segments wherein thin film and printed batteries are used in North America. These applications require thin and flexible power sources for their operations. Thin film and printed battery manufacturers such as Blue Spark Technologies (US), BrightVolt (US), and Ultralife Corporation (US) are also based in North America, thereby leading to the growth of the thin film and printed battery market in the region. The COVID-19 pandemic outbreak has affected the production and supply chain of thin film and printed batteries.

For many years, North America has been the world's largest consumer of thin-film batteries, accounting for about two-thirds of global demand by 2020. In this region, sales of wearable electronics are driving the market's growth. Thin-film batteries are particularly beneficial in wearable devices such as smartwatches and health monitoring gadgets, which are popular among customers in the United States and Canada. Another important element fueling the growth of this market is the region's increased adoption of medical electronic devices.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Primary Thin Film and Printed Battery Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Primary Thin Film and Printed Battery Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Primary Thin Film and Printed Battery Market report scope?

Wireless sensors are being implemented rapidly across the world owing to advancements in IoT and wireless sensor technologies. Energy harvesting technologies such as thin film and printed flexible batteries are fast gaining traction as a viable power supply option for embedded systems, allowing wireless sensors to be used in previously unsuitable applications. Micro batteries offer energy harvesting due to their superior form factors, ultra-thin profiles, and low leakage properties. The market for thin-film and printed batteries is predicted to develop as energy harvesting-based autonomous wireless sensors become more popular.

Key Takeaways from this Primary Thin Film and Printed Battery Report

• This report includes an analytical picture of the global flexible thin film and printed battery market size, as well as current trends and future forecasts, in order to identify potential investment opportunities.


• The goal of the overall flexible thin film and printed battery market analysis is to identify profitable trends so that you can get a better foothold.


• With a full impact analysis, the paper gives information on major drivers, restrictions, and possibilities.


• To gauge financial competency, the present flexible thin film and printed battery market forecast are statistically examined from 2017 to 2027.


• The buyers' power and key vendors' flexible thin film and printed battery market share are depicted in Porter's five forces analysis.

Frequently Asked Questions

What are the market growth estimations for the Thin Film and Printed Battery Market?

The Primary Thin Film and Printed Battery Market is growing at a CAGR of 24.1% over the next 5 years.

Which sector is likely to drive the Thin Film and Printed Battery Market?

Rising technological advancements in thin-film and printed batteries in the industrial and medical sectors are expected to drive the market.

Which regional market will show the highest and most rapid growth?

North America (the United States, Canada, and Mexico) to dominate the Thin Film and Printed Battery Market in the forecast period.

What are the factors that are boosting the industry forward?

Increasing Focus on the Miniaturization of Electronic Devices is driving the Thin Film and Printed Battery Market forward.

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