According to the latest report from the IMARC group, the global printed battery market showed strong growth during the period 2015-2020. Going forward, the market is expected to grow at a CAGR of around 22% during the forecast period (2021-2026).
Reference year: 2020
Forecast year: 2021-2026
Printed batteries refer to one of the crucial components in printed electronics. They are based on a zinc and manganese dioxide system that does not require the use of mercury, making them environmentally friendly. They involve the use of different active materials derived from inks in solution which are deposited under a substrate using suitable printing techniques, in particular screen printing, stencil and spraying. They are available in the market in several varieties, such as disposable, rechargeable, low current, high current, and lithium. These batteries are widely used for low power sources in thin and flexible products. Some of the most common application segments for these batteries include wireless sensors, medical implants, wearable electronic devices, and RFID tags.
The market is mainly driven by the escalating sales of portable electronic devices across the world. These devices offer many advantages including compact structure and lightweight properties due to which they are widely preferred by the masses. Printed batteries are an essential component of these devices as they are thin, flexible and extremely mechanically compliant. In addition to this, they are relatively affordable while offering ease of production compared to traditional batteries due to the less complicated manufacturing procedures involved in their manufacturing process. This, coupled with the changing spending habits of the masses and increasing penetration of broadband internet globally, is providing impetus for the growth of the market.
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Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
2021-2026 Global Printed Battery Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.
Some of the major players are Blue Spark Technologies Inc., BrightVolt Inc., Cymbet Corporation, Enfucell Oy, FLEXEL LLC, Imprint Energy Inc., NEC Corporation, Planar Energy Devices Inc., Samsung SDI Co. Ltd. and Xymox Technologies Inc.
For more information on this report, visit: https://bit.ly/3fnbQSK
The report has segmented the market on the basis of product type, voltage range, Application and Region.
Breakdown by voltage range:
Between 1.5V and 3V
Breakdown by product type:
Breakdown by application:
Breakdown by region:
Middle East and Africa
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