The global thin film and printed battery market size is expected to grow from USD 187 million in 2023 to USD 650 million by 2028, at a CAGR of 28.2% from 2023 to 2028. Manufacturers, while designing portable products with limited internal space, prefer thin film and printed batteries over conventional batteries to overcome safety concerns and increase the life of batteries. These batteries are presently being used in some applications, like wearable devices, smart packaging, wireless sensors, and medical devices. As the thin film and printed battery technology continues to develop, these batteries are expected to be adopted in a wide variety of other applications such as drones and displays.
As of 2022, Samsung SDI Co., Ltd. (South Korea), Enfucell (Finland), Ultralife Corporation (US), Molex, LLC (US), and NGK Insulators, Ltd. (Japan) are among the top players in the global thin film and printed battery market. Additionally, Cymbet Corporation (US), Ilika plc (UK), Jenax Inc. (South Korea), ProLogium Technology Co., Ltd. (Taiwan), Renata SA (Switzerland), and VARTA AG (Germany) are some of the other notable players in this market.
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Samsung SDI Co., Ltd.
Samsung SDI Co., Ltd. is a leading manufacturer of rechargeable batteries for the IT industry, automobiles, and energy storage systems. The company operates through two business segments: Energy Solutions and Electronic Materials. The Energy Solutions business segment includes small li-ion batteries, automotive batteries, and energy storage systems (ESS). Samsung SDI provides two innovative series of small-sized lithium-ion batteries: ultra-thin and ultra-light Li-ion batteries and mini-cell batteries. The company manufactures flat and curved batteries in multiple sizes, providing a range of options for designing consumer wearable devices. The company continually invests in research and development to create new battery types and sizes to meet the diverse demands of its customers.
Enfucell was formed as a spin-off from the Helsinki University of Technology (HUT), and its active operations commenced in 2005. The company manufactures and supplies printed electronic products. It offers SoftBattery printed batteries based on zinc and manganese dioxide, with zinc chloride as an electrolyte. These printed batteries can be used as a power source for semi-passive radio identification tags and microsensor patches. SoftBattery can also be used in greeting and powered cards and authenticate packages, and cosmetic and pharmaceutical disposable devices. Enfucell also offers components used in RFID products and microsensors, pharmaceuticals, and cosmetics.
Molex, LLC provides electronic components and solutions in various industries, including data communications, consumer electronics, industrial, automotive, commercial vehicles, and medical. The company operates as a subsidiary of Koch Industries, Inc. Molex offers a printed battery made of zinc and manganese dioxide. It is a low-profile, flexible, disposable battery with a small footprint designed for low-power single-use applications in wearables and medical biosensors. The company’s printed battery’s stacked construction offers lower internal resistance, boosting peak current and enabling wireless communication. Molex supplies its products through its sales and distribution networks globally.
Thin Film and Printed Battery Market by Type (Thin Film, Printed), Voltage (Below 1.5 V, 1.5 to 3 V, Above 3 V), Capacity (Below 10 mAh, 10 to 100 mAh, Above 100 mAh), Battery Type (Primary, Secondary), Application, Region- Global Forecast to 2028
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