Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — In solid-state or thin-film batteries, solid-state electrolyte is used as an alternative to the typical liquid based Li-ion batteries. Electrolyte plays a vital role in battery and is partially responsible for its performance. An electrolyte should have high ionic conductivity to assist rapid exchange of Li-ions between electrodes to maximize power delivery, while exhibiting low electrical conductivity to limit self-discharge and prolong life of the battery. In addition, the ability of an electrolyte to perform effectively over a wide temperature range is crucial for many applications. This feature of thin-film batteries combined with its large application base is projected to drive the market during the forecast period.
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Global thin-film battery market to grow at a CAGR of 45% over the period 2014-2019. The report covers the current scenario and the growth prospects of the global thin-film battery market for the period of 2015-2019. To calculate the market size, the report considers the global thin-film battery demand from various end-user applications such as WSNs, smart cards and RFID, medical applications, smart wearables, portable electronics, and others.
Technavio’s report, Global Thin-film Battery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers end user and thin film battery type segmentation; it also covers the landscape of the global thin-film battery market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors:
- Blue Spark Technologies
- FlexeI
- ITN Energy Systems
- Samsung SDI
- Solicore
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Market driver
- High use of thin-film batteries in cellphones
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Market challenge
Protection of lithium metals in thin-film batteries
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Market trend
- Increasing application base from R&D of batteries
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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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