Thin Film and Printed Battery Market is expected to reach $1,210.3 million by 2017 at a CAGR of 46.14% from 2012 to 2017.
(PRWEB) August 25, 2012
According to a new market research report “Thin Film and Printed Battery Market, Global Forecast & Analysis (2012 - 2017)” published by MarketsandMarkets (http://www.marketsandmarkets.com), the total thin film and printed battery market is expected to reach $1,210.3 million by 2017 at a CAGR of 46.14% from 2012 to 2017.
Browse 98 tables and figures/charts spread through 213 pages in-depth TOC on "Thin Film and Printed Battery Market, Global Forecast & Analysis (2012 - 2017)"
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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
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