Global Market for thin firm & printed batteries expected to reach $1,986.5 million by 2018

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Telecom Lead India: Emerging bandwagon of slim gadgets such as mobile phones and tablets has augmented the market of thin film batteries.

The thin film batteries market calculated worth $86.7 million in 2011 and is estimated to reach $1,986.5 million in 2018, according to Frost & Sullivan. Thin film batteries can be the solution to power ultra-thin devices.The study anticipates that medical implantable devices could be powered by thin film batteries in future.

Thin film battery powered RFID, smart cards and transdermal patches are likely to drive market to mass commercial scale, in the recent future.”Convergence in electronic gadgets is becoming the key growth factor for the future generation. Thin film batteries offer the solution to power ultra-thin devices, making it suitable for future gadgets. Demand for high power, ultra-thin battery to power miniature devices creates huge market potential for this chemistry across different end-user applications,” said Suba Arunkumar, Industry Manager.

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