The thin film and printed battery market is expected to grow from US$ 197.31 million in 2022 to US$ 904.94 million by 2030; it is estimated to record a CAGR of 21.0% from 2022 to 2030.
The expansion of the healthcare industry presents a significant opportunity for the thin film and printed battery market growth during the forecast period. The thin film and printed batteries are ready to enter a new era with the advent of solid-state lithium technology, which allows for increased energy density in smaller form factors. This breakthrough in battery technology presents significant opportunities for the MedTech industry, enabling the development of smaller and more ergonomic product designs and propelling the growth of the market. The implications of this advancement are profound, particularly in the convergence of wearables and over-the-counter (OTC) hearing aids, as well as the creation of wearable devices for remote health monitoring and fitness tracking. These advancements have the potential to revolutionize the MedTech industry, enhancing product capabilities and improving user experiences. The emergence of over-the-counter (OTC) hearing aids in the US is one such example of the transformative shifts occurring in the hearables and medical remote-monitoring and fitness-tracking wearables. This move toward OTC classification is anticipated to drive down the costs of hearing aids while stimulating innovation and competition within the industry. Thus, the growing need for thin film batteries to produce medical devices has become an important thin film and printed battery market trend worldwide.
According to the thin film and printed battery market forecast, the US will experience notable growth due to the ever-increasing demand for high-speed data transmission driven by the proliferation of smart devices and the rise of the Internet of Things (IoT). Thin film and printed batteries offer the necessary energy density and longevity for these devices, driving their adoption across the country. Furthermore, there has been a significant investment from key players and government bodies, which, in turn, is propelling the thin film and printed battery market growth in the region. For instance, in June 2021, the Department of Energy unveiled the National Blueprint for Lithium Batteries 2021 to 2030, which included a specific goal to stimulate the manufacturing sectors related to electrodes, cells, and battery packs in the US. Additionally, the administration has committed to strengthen requirements for procuring batteries from American-made sources. Thus, all the above factors are expected to contribute to the growing thin film and printed battery market size during the forecast period.
Molex LLC, Varta AG, Renata SA, Enfucell Flexible Electronics Ltd, STMicroelectronics, Samsung SDI CO LTD, Excellatron Solid State LLC, Ultralife Corporation, Ilika, and Imprint Energy are among the key players profiled in the thin film and printed battery market report. These market players provide these batteries for various applications. For example, Varta AG offers a diverse range of thin film and printed batteries, which empower a broad spectrum of intelligent applications across various industries. These applications include traceability, safeguarding of goods, nano-technology, IoT devices, intelligent medicine, and smart sports. Several other major players were also studied and analyzed in the thin film and printed battery market report to get a holistic view of the market and its ecosystem.
- In November 2022, STMicroelectronics announced that it had begun limited production of EnFilm's advanced rechargeable batteries, which are less than 0.25 mm thick. At 220 ?m thickness and measurements of 25.7 mm x 25.7 mm, the SST EFL700A39 EnFilm solid-state thin film lithium battery is ideal for use in ultra-low-profile devices. With a nominal voltage of 3.9 V and a capacity of 0.7 mAh, the EFL700A39 can be used for a wide range of applications. Its lithium technology charges quickly through a 4.2 V charging circuit and shows low capacity loss and long cycle life, which can be used for about 10 years if charged once a day.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. Thin Film and Printed Battery Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
 4.3.1 List of Vendors in the Value Chain
5. Thin Film and Printed Battery Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Thin Film and Printed Battery Market - Global Market Analysis
6.1 Thin Film and Printed Battery - Global Market Overview
6.2 Thin Film and Printed Battery - Global Market and Forecast to 2030
7. Thin Film and Printed Battery Market - Revenue Analysis (USD Million) - By Voltage Rating, 2020-2030
7.1 Overview
 7.2 Below 1.5 V
 7.3 1.5 V-3 V
 7.4 Above 3 V
8. Thin Film and Printed Battery Market - Revenue Analysis (USD Million) - By Chargeability, 2020-2030
8.1 Overview
8.2 Rechargeable
8.3 Single-Use
9. Thin Film and Printed Battery Market - Revenue Analysis (USD Million) - By Application, 2020-2030
9.1 Overview
9.2 Consumer Electronics
9.3 Medical Devices
9.4 Smart Cards
9.5 Smart Packaging
9.6 Wireless Sensors
9.7 Others
10. Thin Film and Printed Battery Market - Revenue Analysis (USD Million), 2020-2030 - Geographical Analysis
10.1 North America
 10.1.1 North America Thin Film and Printed Battery Market Overview
 10.1.2 North America Thin Film and Printed Battery Market Revenue and Forecasts to 2030
 10.1.3 North America Thin Film and Printed Battery Market Revenue and Forecasts and Analysis - By Voltage Rating
 10.1.4 North America Thin Film and Printed Battery Market Revenue and Forecasts and Analysis - By Chargeability
 10.1.5 North America Thin Film and Printed Battery Market Revenue and Forecasts and Analysis - By Application
 10.1.6 North America Thin Film and Printed Battery Market Revenue and Forecasts and Analysis - By Countries
 10.1.6.1 United States Thin Film and Printed Battery Market
 10.1.6.1.1 United States Thin Film and Printed Battery Market, by Voltage Rating
 10.1.6.1.2 United States Thin Film and Printed Battery Market, by Chargeability
 10.1.6.1.3 United States Thin Film and Printed Battery Market, by Application
 10.1.6.2 Canada Thin Film and Printed Battery Market
 10.1.6.2.1 Canada Thin Film and Printed Battery Market, by Voltage Rating
 10.1.6.2.2 Canada Thin Film and Printed Battery Market, by Chargeability
 10.1.6.2.3 Canada Thin Film and Printed Battery Market, by Application
 10.1.6.3 Mexico Thin Film and Printed Battery Market
 10.1.6.3.1 Mexico Thin Film and Printed Battery Market, by Voltage Rating
 10.1.6.3.2 Mexico Thin Film and Printed Battery Market, by Chargeability
 10.1.6.3.3 Mexico Thin Film and Printed Battery Market, by Application
 Note - Similar analysis would be provided for below mentioned regions/countries
 
10.2 Europe
 10.2.1 Germany
 10.2.2 France
 10.2.3 Italy
 10.2.4 United Kingdom
 10.2.5 Russia
 10.2.6 Rest of Europe
10.3 Asia-Pacific
 10.3.1 Australia
 10.3.2 China
 10.3.3 India
 10.3.4 Japan
 10.3.5 South Korea
 10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
 10.4.1 South Africa
 10.4.2 Saudi Arabia
 10.4.3 U.A.E
 10.4.4 Rest of Middle East and Africa
10.5 South and Central America
 10.5.1 Brazil
 10.5.2 Argentina
 10.5.3 Rest of South and Central America
11. Industry Landscape
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. Thin Film and Printed Battery Market - Key Company Profiles
13.1 Molex LLC
 13.1.1 Key Facts
 13.1.2 Business Description
 13.1.3 Products and Services
 13.1.4 Financial Overview
 13.1.5 SWOT Analysis
 13.1.6 Key Developments
 Note - Similar information would be provided for below list of companies
 
13.2 Varta AG
13.3 RENATA SA
13.4 Enfucell Flexible Electronics Ltd
13.5 STMicroelectronics
13.6 Samsung SDI
13.7 Excellatron Solid State, LLC
13.8 Ultralife Corporation
13.9 Ilika
13.10 Imprint Energy
14. Appendix
14.1 Glossary
14.2 About
14.3 Market Intelligence Cloud
LIST OF TABLES
LIST OF FIGURES
The List of Companies - Thin Film and Printed Battery Market
Molex LLC
Varta AG
Renata SA
Enfucell Flexible Electronics Ltd
STMicroelectronics
Samsung SDI CO LTD
Excellatron Solid State LLC
Ultralife Corporation
Ilika
Imprint Energy