- The key vendors in the global printed batteries market 2015-2019 are Blue Spark Technologies and Enfucell
London, 09 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global printed batteries market 2015-2019. One of the most interesting trends that this market is witnessing is the emergence of 3D printing. 3D print batteries save time and allow for a large number of printed batteries to be made at a lower cost. The global printed batteries market is estimated to grow at a CAGR of 54% during the forecast period of 2014-2019.
Printed batteries are used in small sensors, smart cards, and RFID tags as they consume less power. However, printed batteries have a relatively short battery life, which deters their adoption in smartphones. With the commercialization of 3D printed batteries, smaller and more innovative electronic devices will be introduced, overcoming battery constraints.
“Printed batteries do not contain the properties of conventional batteries (mercury and cadmium components) that are harmful to the environment. These batteries are either made of paper or reusable plastic and do not have harmful effects,” says Faisal Ghaus, Vice President of Technavio Research.
“With growing awareness of environmental sustainability around the world, these batteries will become increasingly popular during the forecast period.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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