Global Market for Thin Film Batteries to Reach $1,986.5 Million In 2018

Frost & Sullivan reports a huge growth potential for thin film batteries. It estimates the market to grow to $1,986.5 million in 2018 from $86.7 million in 2011. Thin film batteries are suitable for ultra-thin devices.

Several trends are discussed in the analysis. In the future, devices designed for medical implants may be powered through thin film batteries. Smart cards, RFID and transdermal patches that require thin film batteries will be the major products behind the market growth. Thin film batteries are expected to be more widely used in mobile phones and ultra-thin devices.

Suba Arunkumar, an Industry Manager, stated that for the future, a major growth factor seems to be convergence in electronic gadgets. Powering of future ultra-thin devices through thin film batteries are a suitable solution. Various end-user applications require ultra-thin batteries to deliver high power for miniature devices.

A webinar titled "Thin Film Batteries – Powering the Miniatures!" had been organized by Frost & Sullivan. It will be useful for manufacturers of medical implantable devices, RFID cards, sensors, cell phone and batteries.

The on-demand web conference summarizes the findings of the research. It analyzes thin film technology and its applications, as well as future technologies. The conference covered the global market trend for thin film batteries. It discussed the support and government policies in Asian countries for thin film batteries.

Source: http://www.frost.com/

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Chai, Cameron. (2019, February 09). Global Market for Thin Film Batteries to Reach $1,986.5 Million In 2018. AZoM. Retrieved on September 30, 2020 from https://www.azom.com/news.aspx?newsID=33498.

  • MLA

    Chai, Cameron. "Global Market for Thin Film Batteries to Reach $1,986.5 Million In 2018". AZoM. 30 September 2020. <https://www.azom.com/news.aspx?newsID=33498>.

  • Chicago

    Chai, Cameron. "Global Market for Thin Film Batteries to Reach $1,986.5 Million In 2018". AZoM. https://www.azom.com/news.aspx?newsID=33498. (accessed September 30, 2020).

  • Harvard

    Chai, Cameron. 2019. Global Market for Thin Film Batteries to Reach $1,986.5 Million In 2018. AZoM, viewed 30 September 2020, https://www.azom.com/news.aspx?newsID=33498.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit