The global printed batteries market is anticipated to witness significant growth owing to increase adoption in healthcare, smartphones and various other industries. Printed batteries are widely used in mobile phones and wearables industry as a power storage device. Printed batteries are produced using different printing methods, including screen printing, flexography, gravure, inkjet and offset lithography, on substrate. This innovative method is also expected to help produce, eco-friendly, flexible, and low cost batteries. They are flat, highly flexible and thin devices that are at present being utilized in small electronic equipment to store power. However, growing technological advancements is expected to be major opportunities in implementing these devices for commercial purposes.
Electronic devices have
become an essential part of everyday life around the world. This requires
equivalent energy sources that provide high flexibility in regard to voltage,
thickness, geometrical shape, weight and capacity. Adopting suitable functional
materials in flexible substrates using mass printing technology is expected to
open new opportunities to integrate various devices and develop efficient
products such as implementing printed batteries into ductile products.
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The printed batteries are particularly
suitable for flexible and thin products in which they can be easily integrated.
Appropriate products of these batteries include sensor card and intelligent
chip, patches and plasters in medical field and lab chip analysis systems.
Conventionally, the micro power thin and printed batteries has been used in
RFID tags, smart cards and skin patches. However, the structure of the target
industry is expected to undergo rapid change owing to the development of new
addressable market categories. This market trend has attracted many prominent
players to enter the market and introduce new strategies.
Informatics and healthcare
is expected to witness potential growth in the market over the forecast period
owing to increase in wearable electronics resulting in development of new
innovative devices. Pioneer technology, in the form of e-textiles, is expected
to create major sales in the future resulting in rapid development of
industrial, fashion, military and commercial applications. China is expected to
witness significant growth in wearable infotainment owing to commoditization of
electronic market such as battery based wristwatches, mobile phones, laptops
and others.
Based on the technology
type, the global market has been segmented into printed zn, thin lithium, thin
film lithium polymer, curved lithium ion, and thin flexible super capacitors
batteries. High energy thin film lithium polymers are expected to be the
largest market owing to increase in wearable electronics which is estimated to
be the major growth area for these technologies. Large space or capacity for
energy storage forms the driving factor for this segment Printed zinc battery
are expected to witness significant growth rate
Based on the application
and end user segment the global market has been classified into
Battery-assisted passive RFID, Smart card, Wireless sensor(s)/networks, Smart
packaging, Medical cosmetic disposable, Medical device, Interactive media,
toys, games & cards, Wearable, Backup power, Portable electronics, and Energy
harvesting.Smart cards market is expected to be the largest owing to increasing
demand for various thin film battery technologies to optimize and meet the
lamination requirement for smart card manufacture. The cost is however being
expected to be high coupled with less lifetime for primary batteries to allow
extensive market penetration. The emerging of mobile banking and online
services is expected to pose a long term threat to this segment.
The healthcare sector is
expected to witness significant growth rate owing to increasing demand of skin
patches using printed and micro power batteries in this market, printed zinc
batteries is estimated to have the highest. Here too, new form factors will be
the key differentiator compared to the high-volume incumbents such as coin cell
batteries.memory backups Medical diagnostic devices and medical sensors are
expected to be promising markets, in which thin lithium polymer batteries
provide highest value since these applications need stable power sources with
long life time, extreme safety, and high capacity. Wireless sensors application
is another significant trend. Which includes energy harvesting
combined with thin
batteries for superior performance
North America is expected
to contribute around 40% of the total global revenue in the market owing to the
presence of top market players coupled with advanced technology and new product
development in this region.U.S. is expected to be the leading manufacturer of
printed batteries and generates the majority market revenue in this region.
Increasing adoption of micro sensors, smart watches, fitness bands, RFID, and
medical patches that constitute printed batteries are expected to be the major
driving factors in this region.
Asia Pacific is expected to
witness significant growth rate owing to the low printed battery penetration
rate in this region, the market is anticipated to have ample opportunities for
growth. Increasing consumer disposable income coupled with growing population
in regions such as India and China are expected to boost the printed batteries
market in this region.
Key market players are Blue
Spark Technology, Enfucell and Cymbet. Other industry participants include
Solicore, Imprint Energy and Planar Energy devices. Innovative analyzing
techniques for printing with conductive graphene, in order to create batteries
as energy storage devices is expected to be the new trend in the market
followed by prominent players.
Development of 3D-printed
batteries for, micro-sized batteries and small electronic devices is expected
to be introduced for micro electronic devices and smartphones coupled with
commercialization of 3D printed batteries, is expected to the new trends in the
market.
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