The global printed batteries market is anticipated to witness significant growth owing to increase adoption in healthcare, smartphones, and various other industries. Printed batteries are widely used in mobile phones and the wearables industry as power storage devices. Printed batteries are produced using different printing methods, including screen printing, flexography, gravure, inkjet, and offset lithography, on the substrate. This innovative method is also expected to help produce, eco-friendly, flexible, and low-cost batteries. They are flat, highly flexible, and thin devices that are at present being utilized in small electronic equipment to store power. However, growing technological advancements are expected to be major opportunities in implementing these devices for commercial purposes.
Electronic devices have become an essential part of everyday life around the world. This requires equivalent energy sources that provide high flexibility regarding voltage, thickness, geometrical shape, weight, and capacity. Adopting suitable functional materials in flexible substrates using mass printing technology is expected to open new opportunities to integrate various devices and develop efficient products such as implementing printed batteries into ductile products
The printed batteries are particularly suitable for flexible and thin products in which they can be easily integrated. Appropriate products of these batteries include sensor cards and intelligent chips, patches, and plasters in the medical field and lab chip analysis systems. Conventionally, the micropower thin and printed batteries have been used in RFID tags, smart cards, and skin patches. However, the structure of the target industry is expected to undergo rapid change owing to the development of new addressable market categories. This market trend has attracted many prominent players to enter the market and introduce new strategies.
Informatics and healthcare are expected to witness potential growth in the market over the forecast period owing to an increase in wearable electronics resulting in the development of new innovative devices. Pioneer technology, in the form of e-textiles, is expected to create major sales in the future resulting in the rapid development of industrial, fashion, military, and commercial applications. China is expected to witness significant growth in wearable infotainment owing to the commoditization of the electronic markets such as battery-based wristwatches, mobile phones, laptops, and others.
Based on the technology type, the global market has been segmented into printed zn, thin lithium, thin-film lithium polymer, curved lithium-ion, and thin flexible supercapacitors batteries. High energy thin-film lithium polymers are expected to be the largest market owing to increase in wearable electronics which is estimated to be the major growth area for these technologies. Large space or capacity for energy storage forms the driving factor for this segment Printed zinc batteries are expected to witness a significant growth rate
Based on the application and end-user segment the global market has been classified into Battery-assisted passive RFID, Smart card, Wireless sensor(s)/networks, Smart packaging, Medical cosmetic disposable, Medical device, Interactive media, toys, games & cards, Wearable, Backup power, Portable electronics, and Energy harvesting. The smart cards market is expected to be the largest owing to increasing demand for various thin-film battery technologies to optimize and meet the lamination requirement for smart card manufacture. The cost is however being expected to be highly coupled with less lifetime for primary batteries to allow extensive market penetration. The emergence of mobile banking and online services is expected to pose a long-term threat to this segment.
The healthcare sector is expected to witness a significant growth rate owing to the increasing demand for skin patches using printed and micropower batteries in this market, printed zinc batteries are estimated to have the highest. Here too, new form factors will be the key differentiator compared to the high-volume incumbents such as coin cell batteries. memory backups Medical diagnostic devices, and medical sensors are expected to be promising markets, in which thin lithium-polymer batteries provide the highest value since these applications need stable power sources with a long lifetime, extreme safety, and high capacity. Wireless sensors application is another significant trend. Which includes energy harvesting
combined with thin batteries for superior performance
North America is expected to contribute around 40% of the total global revenue in the market owing to the presence of top market players coupled with advanced technology and new product development in this region. the U.S. is expected to be the leading manufacturer of printed batteries and generates the majority of market revenue in this region. Increasing adoption of microsensors, smartwatches, fitness bands, RFID, and medical patches that constitute printed batteries are expected to be the major driving factors in this region.
The Asia Pacific is expected to witness a significant growth rate owing to the low printed battery penetration rate in this region, the market is anticipated to have ample growth opportunities. Increasing consumer disposable income coupled with the growing population in regions such as India and China are expected to boost the printed batteries market in this region.
Key market players are Blue Spark Technology, Enfucell, and Cymbet. Other industry participants include Solicore, Imprint Energy, and Planar Energy devices. Innovative analyzing techniques for printing with conductive graphene, to create batteries as energy storage devices are expected to be the new trend in the market followed by prominent players.
The development of 3D-printed batteries for, micro-sized batteries and small electronic devices are expected to be introduced for microelectronic devices and smartphones coupled with commercialization of 3D printed batteries, is expected to the new trends in the market.
Research Support Specialist, USA
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