MarketsandMarkets has published a new report titled “Thin Film and Printed Battery Market, Global Forecast & Analysis (2012 - 2017)”.
The report enlists the aid of 98 tables, charts and figures across 213 pages to provide a detailed analysis of the market conditions, growth prospects and market dynamics of the thin film and printed battery industry. Reports are available with 10% customization for early buyers.
The current market value of the thin film and printed battery market is US $181.5 million. The report forecasts a net value of US $1,210.3 million to be reached by 2017 at an envisaged CAGR of 46.14% from 2012 to 2017. The thin film and printed battery market is pegged as an emerging market whose growth is said to be driven by rising demand from original equipment manufacturers (OEMs) for power sources that are light, portable and flexible. These characteristics are deemed desirable as they make the product easy to handle and carry.
The current market value and volume for this industry are low because it is in the initial stages of growth. Also, the industry does not have any big entities as most of the companies engaging in battery production are offshoots of research institutes. The expected high growth is attributed to the commencement of commercialization of the battery market apart from increasing OEM demand.
The report segments the market as per products, geography, technology and applications. The product segmentation is carried out based on physical attributes of the battery such as supply voltage and rechargeability. The market applications are categorized into three, namely, commercial, consumer and industrial. The technology segregation is based on the components that go into the battery.
Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.