The worldwide market for thin-film and printed batteries over the next seven years will be 32 times larger than it is today, predict analysts at market researcher n-tech Research (formerly NanoMarkets) in Glen Allen, Va.
The flat batteries market will grow from $34 million this year to $183 million in 2018, and finally to $1.1 billion by 2022, driven by smart cards, packaging, consumer electronics, wearable devices, and the Internet-of-Things, n-tech analysts say.
Company analysts outline their predictions in a report entitled “Thin-Film and Printed Batteries Markets 2015-2022.” This report examines the latest developments in thin-film and printed battery technologies, from materials and design to manufacturing.
Despite these optimistic prospects for growth, the thin-film and printed battery market has not come close to earlier projections. NanoMarkets, the precursor to n-tech Research, predicted seven years ago that thin-film and printed battery technology would represent a $5.6 billion market today, while it actually remains at $34 million.
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Categories: Batteries and Storage Technologies