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The global printed batteries market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 22% during (2021-2026). Printed electronics is an umbrella term used for electronic devices created by printing on a variety of substrates. Printed batteries are one of the critical parts of printed electronics and use various active materials from solution-based inks. These inks are deposited under a substrate using suitable printing techniques, such as stencil, screen, dispenser and spray printing, and dip or blade coating. Nowadays, a wide variety of printed batteries are available in the market, such as disposable and rechargeable batteries. Some of the commonly used anode and cathode materials utilized in printed batteries include Lithium titanate (LTO) and lithium iron phosphate (LFP).
Printed batteries serve as an excellent alternative to conventional batteries due to their cost-effectiveness, compact structure, flexibility and portability. On account of these properties, they are used in several applications, such as radio-frequency sensing, cosmetic and medicinal patches, greeting cards sensor, data logging systems, interactive packaging and other consumer electronics products. The associated advantages, along with their increasing and diversified applications, represent the primary factors driving the market growth. Besides this, printed batteries are sustainable and environment-friendly, which can dramatically reduce material waste and enable faster production due to the less complicated fabrication procedures. With the advancements in the Internet of Things (IoT) and wireless sensor technologies, there has been rapid adoption of these batteries, which is acting as another major growth-inducing factor. Moreover, the leading electronics companies are developing printed cells using 3D printing technologies that are compatible with smart devices and exhibit minimal volumetric expansion, high rate capability, stability and security. This is expected to drive the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global printed batteries market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on voltage range, product type and application.
Breakup by Voltage Range:
Breakup by Product Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Blue Spark Technologies Inc., BrightVolt Inc., Cymbet Corporation, Enfucell Oy, FLEXEL LLC, Imprint Energy Inc., NEC Corporation, Planar Energy Devices Inc., Samsung SDI Co. Ltd. and Xymox Technologies Inc.
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