Oct 30 2015
Research and Markets has announced the addition of the "Global Thin-film Battery Market 2015-2019" report to their offering.
The global thin-film battery market to grow at a CAGR of 45% over the period 2014-2019.
The report covers the current scenario and the growth prospects of the global thin-film battery market for the period of 2015-2019. To calculate the market size, the report considers the global thin-film battery demand from various end-user applications such as WSNs, smart cards and RFID, medical applications, smart wearables, portable electronics, and others. The report includes a discussion of the key vendors operating in this market.
Thin-film battery technology consists of thin-film materials that have advantages such as high form factors, fast recharging capability, and long shelf life. These batteries are capable of meeting the needs of emerging applications such as smart cards, RFID, sensor networks, and implantable medical devices.
According to the report, rising energy prices and growing concerns for environment have made the concept of smart buildings popular. As a result, there is growing demand for building-wide wireless energy management systems that are compatible with the lighting infrastructure of these smart buildings.
Further, the report states that typical thin-film batteries will have thin, lightweight substrates to protect lithium metals. However, manufacturers are facing a huge challenge in commercializing these batteries and protecting the lithium metal and lithium compounds from reacting with the gases in the atmosphere.
Source: http://www.researchandmarkets.com/