BOSTON, March 8, 2016 /PRNewswire/ --
The battery market has suddenly become alive again in recent years. On the one hand, batteries are assuming new form factors, becoming ultra-thin, flexible, rollable, stretchable, etc. On the other hand, manufacturers are scrambling to offer large batteries aimed at addressing the large-sized electric vehicle and grid applications.
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For the past three years, IDTechEx Research has been tracking and analysing the emerging industry for batteries with novel form factors. In the report Flexible, Printed and Thin Film Batteries 2016-2026: Technologies, Forecasts, and Players, IDTechEx forecasts that this resurgent industry will grow from a small market base today to become a $470m industry in 2026.
We find that thin, printed and/or flexible battery (or batteries with novel form factors) is a resurgent industry thanks to the rise of Internet of Things, wearables and environmental sensors. These applications often require new form factors and designs that traditional battery technologies simply cannot provide. This is why the likes of Apple, Samsung, LG, STMicroelectronics and TDK are all becoming increasingly involved.
We also find that this is a fast changing industry. In fact, we forecast that the market in 2026 will look nothing like the market today: everything will have changed including the end-users, winning technologies, manufacturing process and dominant suppliers.
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This will be remain difficult terrain to navigate as the industry is composed of many technologies, structural design strategies, application with non-overlapping requirements, etc. IDTechEx Research's report Flexible, Printed and Thin Film Batteries 2016-2026: Technologies, Forecasts, and Players is designed to help you understand the landscape and how it will change in the coming decade.
To get a better understanding of batteries with new form and structural factors, their technologies, markets, opportunities and players, please refer to the report Flexible, Printed and Thin Film Batteries 2016-2026: Technologies, Forecasts, and Players and attend the Energy Harvesting and Storage Europe event at IDTechEx Show! in Berlin, 27-28 April.
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Alison Lewis
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SOURCE IDTechEx Research
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