APAC Thin Film Battery Market to Witness CAGR of 23% until 2024
Rapid adoption of wearable technologies coupled with ongoing
technological advancements in ICT industry to drive Asia Pacific thin film
battery market
According to
TechSci Research report, “Asia Pacific Thin Film Battery Market By Technology, By
Battery Type, By Voltage, By Application, By Country, Competition, Forecast
& Opportunities, 2024”, Asia-Pacific thin film
battery market is expected to grow at a CAGR of 23% during 2019 -2024 as these
batteries are environmentally friendly and 40% more energy efficient as
compared to other batteries. However, the manufacturing process of these
batteries is time consuming and prone to defects, which can hamper the market
during forecast period. Moreover, lack of standardization in the development of
thin film batteries can further pose a challenge.
Browse 28
market data Figures spread through 110 Pages and an in-depth TOC on "APAC Thin Film Market"
https://www.techsciresearch.com/report/asia-pacific-thin-film-battery-market/4375.html
Asia Pacific thin film battery market
is segmented based on technology, battery type, voltage, application, and
country. Based on battery type, the market can be bifurcated into disposable and
rechargeable. The rechargeable segment is expected to dominate the market
during forecast period owing to their widespread use in consumer electronics,
medical devices, wireless communication and wearable devices. Based on voltage,
the market can be fragmented into Below 1.5V, 1.5-3V and Above 3V. The below 1.5V
segment is expected to dominate the market attributable to the fact that smart
cards require low-voltage batteries and most manufacturers are integrating
below 1.5 V thin film and printed batteries specially for smart cards.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4375
Customers can also request
for 10% free customization on this report.
Blue Spark Technologies,
BrightVolt, Enfucell Oy Ltd., STMicroelectronics N.V., Cymbet Corporation,
Imprint Energy Inc., Ilika PLC, LG Chem Ltd., Paper Battery Company, Jenax Inc.
and others are some of the leading players operating in Asia-Pacific thin film
battery market. “Asia-Pacific thin film battery market is projected to witness
robust growth through 2024, as most of the smart card manufacturers in APAC are
integrating thin film batteries because of advantages such as more flexibility
and ability of the battery to sustain rough handling. Additionally, rising
popularity of flexible consumer electronic devices and increasing demand for
portable gadgets is further expected to propel the market over the coming years.”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Asia Pacific Thin Film Battery Market By Technology,
By Battery Type, By Voltage, By Application, By Country, Competition, Forecast
& Opportunities, 2024” has evaluated
the future growth potential of Asia-Pacific thin film battery market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Asia-Pacific thin film battery market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]