Thin Film and Printed Battery Market Growth, Analysis and Forecast 2025
The Global Thin Film and Printed Battery Market Size is projected to grow from USD 98 million in 2020 to USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% from 2020 to 2025. The key factors fueling the growth of this market include growing demand for thin film and printed batteries for use in wearables, ongoing miniaturization of electronic devices, surging demand for printed flexible batteries in IoT applications, increasing use of printed flexible batteries in medical devices to treat COVID-19 patients. Secondary batteries accounted for the larger size of the Thin Film and Printed Battery Market in 2020. The secondary batteries segment accounted for the largest market in 2020. Applications such as consumer electronics, wearable devices, medical devices, and wireless sensor systems require secondary batteries with a long-life span. Thin film and printed batteries such as thin-film batteries and curved batteries are mostly secondary batteries, which can be used in