DUBLIN--(BUSINESS WIRE)--The "Thin-Film Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global thin-film battery market was worth US$ 372 Million in 2018. Looking forward, the market value is projected to reach nearly US$ 1,304 Million by 2024, expanding at a CAGR of 23.3% during 2019-2024.
This report provides a deep insight into the global thin-film battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
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, as a result of which, they are appropriate for devices with low-power consumption.
Based on the technology, the market has been segmented as thin-film lithium, thin-film lithium polymer and zinc-based thin-film. Thin-film lithium batteries currently represent the biggest segment.
Based on the battery type, the market has been segmented as disposable and rechargeable. Thin-film rechargeable batteries currently represent the largest segment.
Based on the voltage, the market has been segmented as - below 1.5V, 1.5V to 3V and above 3V. Below 1.5V batteries currently represent the biggest segment.
Based on the application, the market has been segmented as smart cards and RFID, medical applications, smart wearables, WSNs and portable electronics. The smart cards and RFID segment currently represent the largest application.
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Amongst these, North America is the biggest market, accounting for the majority of the global market.
The competitive landscape of the market has also been examined with some of the key players being Blue Spark Technologies, BrightVolt, Enfucell Oy, STMicroelectronics N.V., Cymbet Corporation, Imprint Energy, Ilika PLC, LG Chem, Ltd, Paper Battery Company and Jenax Inc.
Key Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Thin-Film Battery Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Technology
5.4 Market Breakup by Battery Type
5.5 Market Breakup by Voltage Type
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.11 Porters Five Forces Analysis
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Key Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
6 Market Breakup by Technology
6.1 Thin-Film Lithium
6.2 Thin-Film Lithium Polymer
6.3 Zinc-Based Thin-Film
7 Market Breakup by Battery Type
8 Market Breakup by Voltage Type
8.1 Below 1.5V
8.2 1.5V to 3V
8.3 Above 3V
9 Market Breakup by Application
9.1 Smart Cards and RFID
9.2 Medical Applications
9.3 Smart Wearables
9.4 Wireless Sensor Network Systems
9.5 Portable Electronics
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.4 Middle East and Africa
10.5 Latin America
11 Thin-Film Battery Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Blue Spark Technologies
12.3.3 Enfucell Oy
12.3.4 STMicroelectronics N.V.
12.3.5 Cymbet Corporation
12.3.6 Imprint Energy
12.3.7 Ilika PLC
12.3.8 LG Chem Ltd.
12.3.9 Paper Battery Company
12.3.10 Jenax Inc.
For more information about this report visit https://www.researchandmarkets.com/r/97h1h3