Global Thin Film Batteries Market 2015-2021 - Trends and Forecasts for the $3.41 Billion Industry

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May 07, 2015, 01:19 ET

DUBLIN, May 07, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/4qpkbj/thin_film) has announced the addition of Wintergreen Research, Inc's new report "Thin Film Batteries: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" to their offering.

Thin film battery markets at $35 million in 2014 are forecast to reach $3.4 billion by 2021. Rapid growth toward the end of the forecast period is anticipated as technology improves the cost structure of the manufacturing.

Thin film battery market driving forces include creating business inflection by delivering technology that supports entirely new capabilities. Sensor networks are creating demand for thin film solid state devices. Vendors doubled revenue and almost tripled production volume from first quarter. Multiple customers are moving into production with innovative products after successful trials.

A strong business pipeline has emerged with customer activity in all target markets. The market focus is shifting from ramping capacity to driving manufacturing efficiencies and achieving margin improvement, indicating increasing market maturity.

A strong business pipeline has emerged with customer activity in all target markets. The market focus is shifting from ramping capacity to driving manufacturing efficiencies and achieving margin improvement, indicating increasing market maturity.

Smarter computing is part of an IT opportunity, brought by the availability of many, many devices that measure what is going on in the world. These devices are made possible by the availability of small, inexpensive, reliable batteries that provide battery backup on the printed circuit board. Smarter computing is related to achieving a more instrumented, interconnected and intelligent infrastructure.

Software and onboard storage are significant aspects of making the networks more intelligent. The need to capture and analyze increasing amounts of data, deliver results to more users, and respond faster across all devices, without a corresponding increase in budget is a function of better management and better systems. Back up power is part of the picture.

Key application areas for thin film batteries are:
- Medical implants
- Hearing aids
- RFID tags
- Electronic wearable devices
- Smart cards

Key application areas for solid stare batteries are:
- Power bridging
- Permanent power
- Wireless sensors

Key Topics Covered:

1. Solid State Thin Film Battery Market Description and Market Dynamics

2. Solid State Thin Film Battery Market Shares and Forecasts

3. Solid State Thin Film Battery Product Description

4. Solid State Thin Film Lithium Battery Technology

5. Thin Film Battery Company Profiles

- Apple
- Applied Materials
- Blue Spark Technologies
- Citic Guoan
- Cymbet
- Enfucell
- FlexEl
- Front Edge Technology
- GS Caltex / GS Yuasa
- GS Nanotech
- Guangzhou Markyn Battery Co. Polymer Lithium Ion Battery
- ITN Lithium Technology
- Kunshan Printed Electronics Ltd.
- Leonhard Kurz / PolyIC
- Matsushita / Panasonic / Sanyo / Sanyo Solar
- NEC Corporation
- Oak Ridge Micro-Energy
- Oak Ridge National Laboratory
- PS
- Paper Battery Company
- PolyPlus
- ProtoFlex Thin Film Batteries
- STMicroelectronic EnFilm
- STMicroelectronics (NYSE:STM)
- Saft
- Samsung
- Solicore
- Sony Corporation
- Tesla
- Zibo Dison

For more information visit http://www.researchandmarkets.com/research/4qpkbj/thin_film

Source: Wintergreen Research, Inc