Early buyers will receive 10% customization on reports.
The market for the thin film and printed battery has emerged due to the increasing demand of OEMs for flexible, light weight and highly portable power sources. Such characteristics are desired in the product so as to make it lean and easy to handle. Currently, both, the value and volume market for thin film and printed battery is very low. The reason cited for the low figures is the early growth stage of the market segment. Two reasons for the low value – high growth rate scenario; first, the market has just started to commercialize, and second, there are no big players in the market segment. Most of the players are spin-offs from a research institute.
The market is segmented according to the technology, products, applications, and geography. The technology segment includes market breakdown according to various component types used in the battery. Product segmentation is done based on the physical characteristics of a battery. Characteristics such as; rechargeability and supply voltage.
Applications market for thin film and printed battery market is segmented into three different ways; commercial applications, industrial applications, and consumer applications. Each of the application type is further divided into specific applications. Retail, medical, semiconductors, energy harvesting, RFID and smartcards, and novelty electronics are the specific areas covered during study. The report also covers the geographic segmentation of the market.
Currently, the market for the thin film and printed battery is $181.5 million, and at a CAGR of 46.14%, calculated from 2012 to 2017, it is expected to reach a net value of $1,210.3 million
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website, http://www.marketsandmarkets.com
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebprinted-thin-film-battery/market/prweb9837334.htm