Worldwide Solid State Thin Film Batteries Market Forecasts Report 2021

Solid State Thin Film Batteries: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021 is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 329 pages & provides - 110 List of Figures; the report is published in Apr-2015.

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Solid state thin film battery markets at $9 million in 2014 are forecast to reach $1.3 billion by 2021. Rapid growth toward the end of the forecast period is anticipated as technology improves the cost structure of the manufacturing. The quality of energy storage is better with solid state thin film batteries. Solid State Thin Film Batteries A comparison of battery performance for various rechargeable batteries is a compelling illustration of the value of thin film batteries. Data for thin film batteries using very thin substrates illustrate the longer cycle life that can be achieved. Applications include power bridging, permanent power, and wireless sensor networks.

Thin film battery market driving forces include creating business inflection by delivering technology that supports entirely new capabilities. Sensor networks are creating demand for thin film solid state devices. Vendors doubled revenue and almost tripled production volume from first quarter. Multiple customers are moving into production with innovative products after successful trials.

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A strong business pipeline has emerged with customer activity in all target markets. The market focus is shifting from ramping capacity to driving manufacturing efficiencies and achieving margin improvement, indicating increasing market maturity.

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