Thin-film battery revenues to come from medical devices, sensors and
19 May 2009
Thin-film batteries are being designed as energy storage devices for
small photovoltaic or thermoelectric systems to create ultra-long-lived
power sources for medical devices, sensors and watches —
applications where battery replacement is expensive or difficult to
achieve. More than four million thin-film batteries will ship in 2009
NanoMarkets has published its report on the latest analysis and
market projections for thin-film batteries: Thin-Film Batteries:
Current and Future Markets 2009-2016.
NanoMarkets' analysis suggests that cumulative revenues from
thin-film batteries will reach almost US$1.1 billion in 2016 with almost
60%of this coming from two applications; sensors and smartcards.
Smartcards are highly suited to thin battery technology, because cards
equipped with standard coin batteries do not fit easily in wallets or
NanoMarkets also envisions thin-film batteries playing a key role in
powering distributed sensors and sees these type of batteries being the
perfect power source for large-area flexible sensor arrays which
NanoMarkets believes will rapidly penetration military, medical,
computing, environmental market. It forecasts that by 2016, the value of
products shipping with thin film batteries in them will reach US$3.2
Nonetheless, NanoMarkets notes that for thin film batteries to
fulfill its promise, this new technology will need more investment. The
firm notes that many of the firms with interesting technologies in this
space are underfunded and only Power Solutions and Solicore have raised
substantial money in the recent past. Raising new funds to bring
thin-film battery products to market in the current climate will be a
major challenge and could slow the market's overall development.
About the report
The new NanoMarkets report, Thin-Film Batteries: Current and
Future Markets 2009-2016, analyzes and quantifies the opportunities
for thin-film batteries. It contains detailed eight-year forecasts of
thin-film batteries and the products that are powered by them.
It also contains assessments of both lithium-based and newer battery
chemistries as well as profiles of the leading companies in this space
including Biophan, Cymbet, Enable IPC, Excellatron, Front Edge
Technology, Infinite Power, ITN Energy, NanoEner, NEC, ORME, Planar
Energy, Solicore and Ultralife. Applications covered include RFID and
smart packaging, ESLs, smart cards, sensors, medical devices and
implants, computer clocks and battery backup RAM.
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