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30/01/2021 - 07:59
Global Thin Film and Printed Battery Market is valued at approximately USD 78.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 24.70% over the forecast period 2020-2027. Thin film batteries are usually deposited through sol-gel processing or vacuum-based techniques with various battery components presented in layered form. The growth of the thin film and printed battery market is boosted by the growing demand in ongoing shrinking of electronic devices, wearables, rising demand for printed batteries in IoT applications, and in medical devices for effective treatment. Thin film batteries have numerous distinctive features including light weight, high power, high flexibility, easy portability, and exceptional energy density.