Market Overview:
The global secondary thin film battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for secondary thin film batteries from various applications such as consumer electronics, smart packaging, smart cards, medical devices, wireless sensors and others. In terms of type, the below 10 mAh segment is expected to dominate the market during the forecast period owing to its low cost and high efficiency. However, in terms of CAGR, the above 100 mAh segment is projected to grow at a higher rate than other segments during the forecast period. Region-wise, Asia Pacific is expected to lead the global secondary thin film battery market with highest CAGR due in part to growing demand for these batteries from countries such as China and Japan.
Product Definition:
A secondary thin film battery is a type of rechargeable battery that uses a thin film of metal oxide to store energy. These batteries are often used in portable electronics, such as cell phones and laptops, because they are lightweight and can be recharged quickly. Secondary thin film batteries typically have a longer life than traditional lithium ion batteries.
Below 10 mAh:
Below 10 mAh is a range of batteries that are used in various electronic devices such as smart cards, toys, and wristbands. The growth factor for this market is mainly attributed to the growing demand for low-cost energy storage options from end-use industries such as healthcare & hospitality and transportation. Moreover, increasing usage of secondary batteries in portable instruments including remote controls, key fobs, medical pendants along with other products will drive the market over the forecast period.
Between 10 mAh and 100 mAh:
The market is expected to witness significant growth over the forecast period owing to increasing demand for wearable electronics and secondary batteries in portable devices such as MP3 players, tablets, and smartphones. Increasing usage of secondary batteries in electronic products due to low cost & high energy density is expected drive market growth over the next six years.
Application Insights:
The others segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The other applications include consumer electronics, smart packaging, smart cards and medical devices. Consumer electronics are further classified into mobile phones, portable media players & gaming consoles etc. Smart card application includes credit cards, identification cards etc. Wireless sensors are used in various industries including automotive to monitor temperature or vibration for instance and they require thin film batteries of 1 GHz frequency range for operation.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government investments in infrastructure development and technological advancements in consumer electronics, medical devices, and others sectors. For instance, China has undertaken a massive initiative for establishing energy storage systems across the country as part of its 12th Five Year Plan. This will help it meet its renewable energy targets effectively by 2030.
Europe accounted for more than 25% of global secondary thin film battery market share in 2016 owing to high R&D activities related to batteries used across various applications such as medical devices, wearable electronics among others. Moreover, presence of key manufacturers such as Exide (Italy), Johnson Controls (U.S.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for secondary thin film batteries, as they are used in electric vehicles.
- Growing demand from renewable energy sector: The renewable energy sector is growing rapidly due to the increasing awareness about climate change and its effects on the environment. This is leading to an increase in the demand for secondary thin film batteries, as they are used in solar and wind power plants.
- Rising investment in smart grid infrastructure: The global market for smart grid infrastructure is expected to grow at a CAGR of more than 15% during the forecast period. This will lead to an increase in the demand for secondary thin film batteries, as they are used extensively in smart grids applications such as load balancing and voltage regulation .
Scope Of The Report
Report Attributes
Report Details
Report Title
Secondary Thin Film Battery Market Research Report
By Type
Below 10 mAh, Between 10 mAh and 100 mAh, Above 100 mAh
By Application
Consumer Electronics, Smart Packaging, Smart Cards, Medical Devices, Wireless Sensors, Others
By Companies
Samsung SDI, Enfucell, Ultralife Corporation, Blue Spark, BrightVolt, LG Chem, Fullriver Battery, Panasonic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Secondary Thin Film Battery Market Report Segments:
The global Secondary Thin Film Battery market is segmented on the basis of:
Types
Below 10 mAh, Between 10 mAh and 100 mAh, Above 100 mAh
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Smart Packaging, Smart Cards, Medical Devices, Wireless Sensors, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung SDI
- Enfucell
- Ultralife Corporation
- Blue Spark
- BrightVolt
- LG Chem
- Fullriver Battery
- Panasonic
Highlights of The Secondary Thin Film Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 10 mAh
- Between 10 mAh and 100 mAh
- Above 100 mAh
- By Application:
- Consumer Electronics
- Smart Packaging
- Smart Cards
- Medical Devices
- Wireless Sensors
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Secondary Thin Film Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A secondary thin film battery is a type of rechargeable battery that uses a thin film of metal or other material to store energy. These batteries are often more efficient and lighter than traditional batteries, which makes them ideal for devices that need to be portable or small in size.
Some of the major players in the secondary thin film battery market are Samsung SDI, Enfucell, Ultralife Corporation, Blue Spark, BrightVolt, LG Chem, Fullriver Battery, Panasonic.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Secondary Thin Film Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Secondary Thin Film Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Secondary Thin Film Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Secondary Thin Film Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Secondary Thin Film Battery Market Size & Forecast, 2020-2028
4.5.1 Secondary Thin Film Battery Market Size and Y-o-Y Growth
4.5.2 Secondary Thin Film Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 10 mAh
5.2.2 Between 10 mAh and 100 mAh
5.2.3 Above 100 mAh
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Smart Packaging
6.2.3 Smart Cards
6.2.4 Medical Devices
6.2.5 Wireless Sensors
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Secondary Thin Film Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Secondary Thin Film Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 10 mAh
9.6.2 Between 10 mAh and 100 mAh
9.6.3 Above 100 mAh
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Smart Packaging
9.10.3 Smart Cards
9.10.4 Medical Devices
9.10.5 Wireless Sensors
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 10 mAh
10.6.2 Between 10 mAh and 100 mAh
10.6.3 Above 100 mAh
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Smart Packaging
10.10.3 Smart Cards
10.10.4 Medical Devices
10.10.5 Wireless Sensors
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 10 mAh
11.6.2 Between 10 mAh and 100 mAh
11.6.3 Above 100 mAh
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Smart Packaging
11.10.3 Smart Cards
11.10.4 Medical Devices
11.10.5 Wireless Sensors
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 10 mAh
12.6.2 Between 10 mAh and 100 mAh
12.6.3 Above 100 mAh
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Smart Packaging
12.10.3 Smart Cards
12.10.4 Medical Devices
12.10.5 Wireless Sensors
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 10 mAh
13.6.2 Between 10 mAh and 100 mAh
13.6.3 Above 100 mAh
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Smart Packaging
13.10.3 Smart Cards
13.10.4 Medical Devices
13.10.5 Wireless Sensors
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Secondary Thin Film Battery Market: Competitive Dashboard
14.2 Global Secondary Thin Film Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung SDI
14.3.2 Enfucell
14.3.3 Ultralife Corporation
14.3.4 Blue Spark
14.3.5 BrightVolt
14.3.6 LG Chem
14.3.7 Fullriver Battery
14.3.8 Panasonic
