Worldwide Solid State Thin Film Batteries Market to Reach $1.3 Billion by 2021

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Apr 08, 2015, 10:00 ET

DALLAS, April 8, 2015 /PRNewswire/ --

RnRMarketResearch.com adds Solid State Thin Film Batteries: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021 a new industry research report in its store. The 2015 study has 329 pages, 110 tables and figures.

Solid State Thin Film Batteries offer quality for powering energy harvesting with precisely the right component.

According the study, "Solid state electronics brings the same advantages to batteries as it has brought to all other industry segments it touches. Printed circuit board manufacturers are finding that they can achieve a rapid return on investment from substantially decreasing the energy costs associated with using storage by wave soldering the storage onto the boards during the manufacturing process."

Solid state thin film battery markets at $9 million in 2014 are forecast to reach $1.3 billion by 2021. Rapid growth toward the end of the forecast period is anticipated as technology improves the cost structure of the manufacturing.

The quality of energy storage is better with solid state thin film batteries. Solid State Thin Film Batteries A comparison of battery performance for various rechargeable batteries is a compelling illustration of the value of thin film batteries. Data for thin film batteries using very thin substrates illustrate the longer cycle life that can be achieved. Applications include power bridging, permanent power, and wireless sensor networks.

Thin film battery market driving forces include creating business inflection by delivering technology that supports entirely new capabilities. Sensor networks are creating demand for thin film solid state devices. Vendors doubled revenue and almost tripled production volume from the first quarter. Multiple customers are moving into production with innovative products after successful trials.

A strong business pipeline has emerged with customer activity in all target markets. The market focus is shifting from ramping capacity to driving manufacturing efficiencies and achieving margin improvement, indicating increasing market maturity.

Smarter computing is part of an IT opportunity, brought by the availability of many, many devices that measure what is going on in the world. These devices are made possible by the availability of small, inexpensive, reliable batteries that provide battery backup on the printed circuit board. Smarter computing is related to achieving a more instrumented, interconnected and intelligent infrastructure.

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Software and on board storage are significant aspects of making the networks more intelligent. The need to capture and analyze increasing amounts of data, deliver results to more users, and respond faster across all devices, without a corresponding increase in budget is a function of better management and better systems. Back up power is part of the picture.

Key application areas for solid state batteries are: Power bridging, Permanent power, Wireless sensors

As energy harvesting and wireless sensor networks evolve, the solid state batteries provide an uninterruptable, stable power source that lasts as long as the electronics with which it is packaged. In some cases, changing batteries is not feasible, ant these applications are illustrative of those kinds of instances.

Companies Profiled

Market Leaders: Cymbet

Market Participants: Apple, Applied Materials, Blue Spark, Citic Guoan, Cymbet, Enfucell, FlexEl, Front Edge Technology, GS Nanotech, GS Caltex / GS Yuasa, Guangzhou Markyn Battery Co. Polymer Lithium Ion Battery, Imprint Energy, ITN Lithium Technology, Johnson Research Product Development, Kunshan Printed Electronics Ltd., KSW Microtec, Matsushita / Panasonic / Sanyo / Sanyo Solar, NEC Corporation, Oak Ridge National Laboratory, Oak Ridge Micro-Energy, Paper Battery Company, Leonhard Kurz / PolyIC, PolyPlus, Prelonic Technologies, Prelonic Technology, Prieto Battery, ProLogium, ProtoFlex Thin Film Batteries, PS, Saft, Samsung, Solicore, Sony Corporation, STMicroelectronics (NYSE:STM), Tesla, Texas Instruments (TXN:NYSE), Umicore Thin Film Products, VTT and Zibo Dison.

Other Related Reports on Battery Technology Market:

Li-ion Battery market for AEVs in the US 2015-2019 (http://www.rnrmarketresearch.com/li-ion-battery-market-for-aevs-in-the-us-2015-2019-market-report.html): The analysts forecast Li-ion Battery market for AEVs in the US to grow at a CAGR of 21.46% over the period 2014-2019.

The report covers present scenario and the growth prospects of the Li-ion Battery market for AEVs for the period 2015-2019. The Li-ion Battery market for AEVs in the US has been segmented on the basis of: Vehicle Type (HEVs, PHEVs and BEVs) and Demand Type (New Demand and Replacement Demand).

Key Vendors: AESC, Blue Energy, Hitachi, LG Chem, Panasonic and Toshiba

Other Prominent Vendors: Deutsche ACCUmotive, Samsung SDI, Johnson Controls, Sony, A123 Systems, Shenzhen BAK battery

Key Market Driver: Government Support

Key Market Challenge: Longer Duration of charging Time

Key Market Trend: Availability of Different Types of Li-ion Batteries

Global Automotive Battery Market 2015-2019 (http://www.rnrmarketresearch.com/global-automotive-battery-market-2015-2019-market-report.html): Analysts forecast the Global Automotive Battery market to grow at a CAGR of 5.38% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Global Automotive Battery market for the period 2015-2019. The market size is accessed on the basis of number of SLI batteries that are used in passenger cars, LCV, HCV, and buses, while market value is calculated on the basis of the aftermarket price of batteries.

Key Vendors: Camel Group, East Penn Manufacturing, Exide Technologies, GS Yuasa, Johnson Controls

Other Prominent Vendors: Fengfan, Hitachi, Huawei, Shandong Sacred Sun Power Sources, The Furukawa Battery, Zhejiang Haijiu Battery, Zhejiang Narada Power Source

Key Market Driver: Growing Number of Electronic and Electrical Components in Vehicles

Key Market Challenge: Environmental Issues

Key Market Trend: High Penetration Rate of Start-Stop System

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