Printed Battery Market: Global Industry Analysis and Forecast (2023 -2029) Trends, Statistics, Dynamics, Segmentation by Category, Component, Techniques, Applications, End Use Industries and Region

Printed Battery Market size was valued at USD 170.3 Mn. in 2022 and the total Printed battery revenue is expected to grow by 40.12% from 2023 to 2029, reaching nearly USD 1806.6 Mn.
Printed Battery Market Overview:
The continuous advancement in smart and wearable electronic devices and the corresponding growth of advanced technology boost the Printed Battery Market growth. The improved integration of batteries with different devices is expected to boost market growth. New printed battery demand is significantly growing due to their interesting characteristics such as flexibility, low cost, thinness, and eco-friendlier. The increasing number of applications in radio frequency identification, portable medical diagnosis systems, sensors, and smart cards fuelled the market. There is a noticeable increase in sales of small electrical circuitry for objects of daily use like, smart objects, stand-alone sensors, and active and RFIDs these factors help to propel the rapid growth of the market. The rising investment in research and development activities is leading to advancements in battery performance and the lifespan of the battery. For Instance, as per the Maximise Market Research recent study, Chinese start-up TOP.E succeeds in developing a 3D Printed Battery. The company made use of its own printing equipment and 3D Printers. The company created a printing battery using various electrode materials. The 3D technology is more advanced, secure and affordable than other alternative batteries


To know about the Research Methodology :- Request Free Sample Report
Printed Battery Market Market Dynamics:
Increasing demand from the healthcare industry boosts the market growth

The healthcare industry is creating multiple opportunities for the printed batteries market. The healthcare sector includes various services, technologies, and products which help to enhance human health. There are multiple types of printed electronics are used in the medical industry across the globe. Printed batteries are primarily used in wearable medical devices. Additionally, printed batteries are used in biometric sensors, e-stimulation sensors, and flexible printed heaters. The increasing use of disposable medical devices with micropower batteries significantly boosts market growth. The growing demand for IoT devices in smart utilities and healthcare applications accelerates the innovation and development of wearable and flexible healthcare electronics. The printed batteries utilized in Wireless health monitoring devices such as continuous glucose monitors, pacemakers, fitness, and hearing assistance this usage potentially help to boost the market growth. The printed zinc paper batteries are used in electronics, electronic skins as well as energy storage systems. Compared with lithium-ion batteries, aqueous zinc batteries hold the benefit of low cost and high volumetric capacity. The rapidly growing portable and wearable medical devices and electronic industry is expected to create demand for affordable, durable printed batteries

Increasing application of IoT drives market growth.

The printed batteries are thin, lightweight, and more flexible. It can provide a cost-effective solution for industrial wireless sensors and IoT applications.TAeTTOOz is the new technology that enables flexible, rechargeable, and solid-state industrial printed batteries. The rapid growth of the electronics industry has the need for portable electronics such as wireless sensor networks, biomedical sensors, and wearable sensors. Due to a rise in the popularity of the Internet of Things demand for printed batteries has increased. The increasing demand for rechargeable batteries because of their high energy density and long cycle of life is expected to boost the Printing Batteries Market growth. IoT devices are used in a variety of industries, such as consumer electronics, wearable technology, the healthcare industry, and the military so increasing demand for printed batteries from all industries is expected to drive the market growth.

Limited Energy density restrains the market growth

The major challenge faced by the printing battery industry is reaching a high level of energy density. Nowadays printed batteries are used in a variety of electronic and electric equipment, but the energy density of the battery is not high. The significant advancement in 3D printing of batteries and continuous advancement in printing technology is expected to have the features such as long-term durability, favourable safety, high energy, and high power density. Printing batteries have lower energy density as compared to traditional batteries This factor may be the application of printed batteries in devices that requires a high level of storage capacity and energy density. The limitation of storage capacity is expected to hamper the printing battery market growth.

Rising demand for wearable devices creates lucrative growth opportunities for the market

There is potential growth seen in the wearable device industry. The increasing demand for wearable devices such as smart watches, smart clothes, smart eyewear, smart jewellery, e-patches, and fitness trackers is expected to create ample growth opportunities for the printed battery market. All products contain a digital component such as a printed battery. Utilization of printed batteries in wearable sensors improves the performance of the overall device which provides longer battery life, flexibility, and different size and suitable shape to the respective device. Wearable devices are more flexible and cost-effective therefore the demand for wearable devices is accelerating which will further help to create tremendous growth opportunities for the Printed Battery market.
Competitive Landscape:
The global Printed Battery Market is highly competitive and driven by key players such as Enfucell Oy Ltd., Samsung, Ultralife Corporation, LG Chem Ltd, BrightVolt Inc., Imprint Energy, Printed Energy, Printed Electronics Ltd, Prelonic Technologies, and Varta AG.

Enfucell Oy Ltd: Enfucell Oy Ltd is one of the leading manufacturers of printed batteries. The Central Midori is a partner with Enfucell to design, manufacture and sell printed batteries to customers. Enfucell SoftBattery is a product which is is utilised in wireless sensors for logistics, sports, and healthcare due to it is a disposable, thin and flexible.

Imprint Energy: Imprint Energy is one of the major players in the global printed battery market. The Company manufactures ultrathin, flexible, printed batteries for IoT Devices, sensors, and wearables. The company manufactures safe and high-performance zinc batteries that are used into the day today’s electronic equipment. The Smart Labels are enabling the package to be tracked anytime and anywhere with the help of a sensor.

The key players in the global Printed Battery Market like Enfucell Oy Ltd., Samsung, Ultralife Corporation, LG Chem Ltd, BrightVolt Inc., and Imprint Energy are mainly focused on the strategic partnership, significant mergers, and acquisitions to expand the product portfolio.
Segment Analysis of the Printed Battery Market:
Based on the Category, The printed battery market is characterized by rechargeable and non-rechargeable batteries. Rechargeable printed batteries dominate the printed battery market in the year 2021. The rechargeable printed battery technology is based on redox-active polymer and conventional printing methods which can help to produce thin, flexible batteries that can store electrical energy without requiring metal components. The demand for rechargeable batteries increasing due to the interesting fact that the battery does not actually holds any voltage prior to its first charge so there is a minimum risk of overvoltage damage. Rechargeable batteries have a much lower total cost of ownership and environmental impact, as they can be recharged inexpensively many times before they need replacing. Therefore rechargeable there is significant growth observed in rechargeable printing batteries during the forecast period.

Based on Techniques,The common techniques of printing batteries are Screen Printing, Inkjet printing, and Flexographic Printing. Screen printing dominates the technique segment of the global Printed Battery Market in the year 2021. A layer of ink or paste is applied to a mesh screen in the widely used process of screen printing, and then pressure is applied to cause the ink or paste to transfer to the substrate. The rapid growth observed in the electronics industry is expected to demand affordable and durable batteries expected to boost the global Printed Battery Market Growth. Technological advancements in printing technology such as 2D, 3D and 4D battery printing significantly propel the Market growth.

Based on the Application,Healthcare devices dominate the Application segment of the global Printed Batteries Market in the year 2021. The printed batteries are mainly utilized in health monitoring systems, personal care, pharmaceuticals wound care, medical equipment, and cosmetic patches. The global printed battery market is expected to increase as wireless healthcare monitoring systems and mobile medical gadgets become more widely used. Nowadays, People becoming health conscious so the demand for health monitoring devices such as smartwatches and wristband demand is rapidly growing this factor significantly propels the market growth. Also, there are numerous mobile health applications, sensors, and remote patient monitoring to improve health care delivery. Therefore growing demand for healthcare devices creates ample growth opportunities for the Global Printing Battery market.

Based on End Use industry,The wearable device industry dominated the end-use segment of the global Printed Battery Market. Wearable devices play an important role in the healthcare industry. Wearable devices include sensors that are directly attached to the body or the worn clothes. The increasing use of textile-based printing batteries is expected to create lucrative growth opportunities for the global market. Textile-based batteries can help in the development of body–conformal wearable sensors. The printing batteries are usually used in Wrist-worn wearables, foot-worn wearables, jewellery, skin patches, and other wearables. The rapid development of wearable devices is fuelled by the interest of people in health and wellness monitoring.
Printed Battery Market Regional Insights:
North America holds the major share of the global Printed Battery Market in the year 2021. North America dominated the Printed Battery Market due to the increasing demand for printing batteries from countries such as the United States, Canada and Mexico. Growing demand for printing batteries in electronic devices and wearables is expected to boost the demand for wearable devices in the North America Region. Rising research and development as well as investment in the printing batteries industry expected to significantly propels the market growth. The emergence of new applications and growth for devices including smart cards, the Internet of Things, smart tags and electronic wearable devices are all of these factors expected to boost the significant market growth. Also, the major key players of the global Printing Battery Market have a strong presence in the North American region therefore this region dominates the printed battery market.
Printed Battery Market Scope: Inquire before buying



Printed Battery Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US$ 170.3 Mn.


Forecast Period 2023 to 2029 CAGR:
40.12%
Market Size in 2029:
US$ 1806.6Mn.


 Segments Covered:
by Category
• Rechargeable
• Non Rechargeable


by Component
• Anode
• Cathode
• Electrolyte
• Collectors


by Technique
• Screen Printing
• Inkjet printing
• Flexographic Printing


by Application
• Sensors
• Smart toys
• Smart Cards
• Smart cloths
• Healthcare Devices
• Others


by End-Use Industries
• Electronics
• Wearable devices
• Healthcare
• Packaging
• Others



Printed Battery Market by Region
• North America (United States, Canada, and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Printed Battery Market Key Players
• Enfucell Oy Ltd.
• Samsung
• Ultralife Corporation
• LG Chem Ltd
• BrightVolt Inc.
• Imprint Energy
• Printed Energy
• Printed Electronics Ltd
• Prelonic Technologies
• Varta AG.
• Sakuu Corporation.
• Photocentric Group
• InnovationLab GmbH

Frequently Asked Questions:

1] What segments are covered in the Global Printed Battery Market report?
Ans. The segments covered in the Printed Battery Market report are based on Category, Component, Techniques, Applications, End Use Industries, and Region.

2] Which region is expected to hold the highest share of the Global Printed Battery Market?
Ans. The North American region is expected to hold the highest share of the Printed Battery Market.

3] What is the market size of the Global Printed Battery Market by 2029?
Ans. The market size of the Printed Battery Market by 2029 is expected to reach US$ 1806.6 Mn.

4] What is the forecast period for the Global Printed Battery Market?
Ans. The forecast period for the Printed Battery Market is 2023-2029.

5] What was the market size of the Global Printed Battery Market in 2022?
Ans. The market size of the Printed Battery Market in 2022 was valued at US$170.3 Mn.