PUNE, India, Feb. 19, 2017 /PRNewswire-iReach/ -- The APAC will be the fastest-growing thin film and printed battery market during the forecast period. The market for thin film and printed batteries in the APAC region is expected to grow at the highest CAGR between 2016 and 2022. Major consumer electronics manufacturers in this region are modernizing their product designs to function using thin power sources for compatibility with the flexible designs of their products. As a result, the technological advancements in smart packaging and consumer electronics as well as the growing popularity of wearable devices in this region are fueling the growth of the market in the APAC region. Complete report on "Global Thin Film and Printed Battery Market" spread across 153 pages, profiling 14 companies and supported with 67 tables and 54 figures is now available at http://www.rnrmarketresearch.com/thin-film-printed-battery-market-global-forecast-analysis-2012-2017-by-technology-substrate-type-electrolyte-type-cathode-type-products-voltage-types-rechargeability-integration-type-market-report.html .
Rechargeable batteries to dominate the thin film and printed battery market during the forecast period. Rechargeable batteries lead the market and are expected to witness the highest growth rate during the forecast period. Applications such as consumer electronics, wearable devices, medical devices, and wireless communication require a rechargeable battery with a long lifespan. Rechargeable batteries are widely used in portable consumer electronic and wearable devices. The increasing use of rechargeable batteries in consumer electronics and wearable devices is expected to drive the rechargeable thin film and printed battery market during the forecast period.
Global thin film and printed battery market to exhibit significant growth potential between 2016 and 2022. The less availability of printed ink materials and lack of standardization in the development of thin film and printed batteries are the major restraining factors for the growth of this market.
Thin film batteries to hold the largest share during the forecast period. Thin film batteries are used widely in applications such as smart packaging, smart cards, wearable devices, and medical devices. Miniaturization in the products used in these applications has increased the demand for thin film batteries, thereby driving the growth of the thin film battery market significantly. Thin film batteries have less self-discharge rates than conventional batteries. Thus, they have a huge demand in consumer electronics and wearable devices, thereby driving the growth of the market.
This research study is obliging for following audience:
- Battery manufacturers
- Raw chemical suppliers such as lithium, zinc, and manganese
- Equipment suppliers for processes such as chemical vapor deposition, sputtering, and printing
- Manufacturers of consumer electronics
- Suppliers for chemical and electronics industry
- Players in battery recycling, such as Rechargeable Battery Recycling Corporation (RBRC), for disposal and recycling
- Producers and suppliers of zinc, polymer, and copper
Major players involved in the development of thin film and printed batteries include Samsung SDI Co., Ltd. (South Korea), Enfucell Oy Ltd. (Finland), Blue Spark Technologies, Inc. (U.S.), Panasonic Corporation (Japan), Cymbet Corporation (U.S.), Imprint Energy (U.S.), BrightVolt Inc.(U.S.), NEC Energy Solutions (U.S.), Ultralife Corporation (U.S.), Flexel LLC (U.S.), Excellatron Solid State LLC (U.S.), ProtoFlex Corporation (U.S.), and Jenax Inc. (South Korea). Download PDF Brochure "Thin Film and Printed Battery Market by Voltage Rating (Below 1.5 V, 1.5 V to 3 V, Above 3 V), Chargeability (Rechargeable, Single Use), Application (Packaging, Smart Card, Wearable Device, Consumer Electronic, Medical Device) - Global Forecast to 2022" research report at http://www.rnrmarketresearch.com/contacts/request-sample?rname=57736 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (25%), Tier 2 (40%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (72%) and Directors (28%) from various key organizations operating in the global thin film and printed battery market. The primary interviews were conducted worldwide covering regions such as North America (32%), Europe (30%), APAC (24%) and RoW (14%).
Research Coverage: The research report on the global thin film and printed battery market covers the market on the basis of voltage rating, chargeability, application, and geography. The market has been segmented on the basis of voltage rating into below 1.5 V, between 1.5 V and 3 V, and above 3 V. On the basis of chargeability, the thin film and printed battery market has been classified into rechargeable and single use. Further, the thin film and printed battery market has been segmented on the basis of application into smart packaging, smart cards, consumer electronics, medical devices, wearable devices, wireless communication, and others. The report covers four major geographical regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
On a related note, another research titled Lithium Ion Battery Market Global Forecast to 2022 says, the lithium ion battery market is expected to grow at a CAGR of 16.6% between 2016 and 2022 to be valued at USD 68.97 billion by 2022. Lithium cobalt oxide battery type expected to hold a major share of the lithium ion battery market during the forecast period. 0 to 3000mAh power capacity expected to hold the largest size of the lithium ion battery market. Companies such as LG Chem Ltd. (South Korea), Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), BYD Co. Ltd. (China), BAK Group (China), A123 Systems, LLC. (U.S.), GS Yuasa Corporation (Japan), Hitachi, Ltd. (Japan), Johnson Controls Inc. (U.S.), Saft Groupe SA (France), Toshiba Corporation (Japan), and Valence Technology Inc. (U.S.) have been profiled in this 190 pages research report available at http://www.rnrmarketresearch.com/lithium-ion-battery-market-by-type-lithium-cobalt-oxide-lithium-iron-phosphate-lithium-nickel-manganese-cobalt-power-capacity-0-to-3000mah-3000mah-to-10000mah-10000mah-to-60000mah-industry-and-geography-st-to-2022-market-report.html .
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Connect with Us:
G+ / Google Plus: https://plus.google.com/104156468549256253075/posts
RSS / Feeds: http://www.rnrmarketresearch.com/feed
Media Contact: Ritesh Tiwari, RnR Market Research, +1-888-391-5441, firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com