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BCC Research Publishes a New Report On Global Markets for Thin-Film Batteries
Date:9/23/2013

Wellesley, MA (PRWEB) September 23, 2013

According to a new technical market research report, Global Markets and Technologies for Thin-Film Batteries from BCC Research (http://www.bccresearch.com), the global market for thin-film batteries (TFBs) was valued at $51.8 million in 2012 and is expected to reach $87.3 million by 2013. BCC Research projects the market to reach nearly $647.6 million by 2018, and register a compound annual growth rate (CAGR) of 49.3%.

Driven by the electronics industry, miniaturization trends have expanded into other fields including the energy sector. In recent years, very thin and ultrathin batteries that are just a few millimeters thick have gained interest for application in products such as smart cards, radio-frequency identification (RFID) tags, medical devices, and sensors among others.

The global market for TFBs is growing rapidly in conjunction with the increasing demand for thin, small-footprint, and flexible devices within various industries. The growth of TFBs is being facilitated by the growing demand for small-footprint TFB devices with increased storage capacity and also by the adoption of mass-production thin-film fabrication methods that allow for higher throughput and lower unit prices. BCC Research expects demand for TFBs to continue growing at a rapid rate during the next five years.

This comprehensive report applies to industry segments such as electronics, energy, automotive, sensors and instrumentation, and medical electronics. The study estimates the current global markets for TFBs by type, application, and region, along with growth forecasts through 2018 for each market segment. It provides an updated r
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