Global Thin-Film Battery Market Trends, Opportunity and Forecasts 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Thin-Film Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
The global thin-film battery market was worth US$ 302 Million in 2017
The electrode material used in these batteries is layered which implies that there is no need to add layers during the construction of the battery. The electrodes improve the overall performance of the battery and also increases its ability to function in different ranges which make thin-film batteries highly compatible to be used in different applications. Additionally, these batteries come with a great number of benefits, like they leave smaller footprints, are lower in cost, have high energy density, and are light in weight. The flat shape of thin-film batteries makes them more compatible with emerging technologies.
The thin-film battery market is exhibiting strong growth catalyzed by a rapid rise in the use of smartphones, tablets, and other electronic devices. With consumers being more technology-friendly, the demand for such electronic devices is witnessing robust growth. The steady increase in the usage of devices like smartwatch and fitness bands is making the consumption of thin-film batteries even more appropriate.
Additionally, thin-film batteries are flat-shaped and are perfect to be incorporated in smaller and thinner devices which further enhances their demand in the market. Being reliable, inexpensive, and smaller in size these batteries can be easily incorporated in our day to day wearable electronic devices. Thin-film batteries have a great battery backup and are thus appropriate for smart computing as well.
Looking forward, the market value is projected to reach US$ 1,060 Million by 2023, expanding at a CAGR of 23.3% during 2018-2023.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Thin-Film Battery Market
6 Market Breakup by Technology
7 Market Breakup by Battery Type
8 Market Breakup by Voltage Type
9 Market Breakup by Application
10 Market Breakup by Region
11 Thin-Film Battery Manufacturing Process
12 Competitive LandscapeBlue Spark Technologies BrightVolt Enfucell Oy STMicroelectronics N.V. Cymbet Corporation Imprint Energy Ilika PLC LG Chem Ltd Paper Battery Company Jenax Inc.
For more information about this report visit https://www.researchandmarkets.com/research/rlzg7h/global_thinfilm?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005407/en/
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Related Topics:Battery Technology
INDUSTRY KEYWORD: ENERGY OTHER ENERGY
SOURCE: Research and Markets
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PUB: 01/02/2019 10:36 AM/DISC: 01/02/2019 10:36 AM