According to a new market report by Lucintel, the future of the thin film & printed battery market market looks promising with opportunities in the wearable devices, smart packaging, smart cards, consumer electronics, medical devices, entertainment, and wireless communication industries. The thin film & printed battery market is expected to grow with a CAGR of 24% from 2019 to 2024. The major drivers for this market are increasing demand for wearable devices and increasing adoption of printed battery solution in the smart textile and healthcare industries.
In this market, rechargeable and single use thin film & printed battery are used in various end use industries. Lucintel forecasts that rechargable battery is expected to witness the highest growth over the forecast period due to its increasing demand in the flexible electronics industry.
Within this market, wearable devices will remain the largest segment over the forecast period due to increasing demand for thin film and printable batteries in smart textiles, smartwatches, and smart wristbands.
Asia Pacific is expected to witness the highest growth over the forecast period due to increasing demand for wearable and portable consumer electronic devices and growth in IOT-based medical devices.
Panasonic Group, Stmicroelectronics N.V., Enfucell, Imprint, Protoflex Corporation, Ilika, Cymbet, Molex, and Blue Spark Technologies Inc. are among the major manufacturers of thin film & printed batteries.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the thin film & printed battery market by voltage rating, chargeability, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Thin Film & Printed Battery Market 2019-2024: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the thin film & printed battery market by voltage rating, chargeability, application, and region as follows:
By Voltage Rating [$M shipment analysis for 2013 – 2024]:

• Below 1.5 V
• Between 1.5 V and 3 V
• Above 3 V

By Chargeability [$M shipment analysis for 2013 – 2024]:

• Rechargeable
• Single Use
By Application [$M shipment analysis for 2013 – 2024]:
• Smart Packaging
• Smart Cards
• Consumer Electronics
• Medical Devices
• Wearable Devices
• Entertainment
• Wireless Communication
• Others

By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
– France

• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the thin film & printed battery market by voltage rating (below 1.5V, between 1.5 and 3V, above 3V), chargeability (rechargeable and single use), application (smart packaging, smart cards, consumer electronics, medical devices, wearable devices, entertainment, and wireless communication), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which region will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5.What are the business risks and competitive threats in this market?
Q.6.What are the emerging trends in this market and the reasons behind them?
Q.7.What are some of the changing demands of customers in the market?
Q.8.What are the new developments in the market? Which companies are leading these developments?
Q.9.Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10.What are some of the competing products in this market, and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years, and what has its impact been on the industry?