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RFID to fuel billion-dollar thin-film/printable battery market

Posted: 05 Nov 2007 ?? ?Print Version ?Bookmark and Share

Keywords:printed battery? NanoMarkets? thin film market?

Thin-film and printed batteries with their customizable shapes, flexible form factors and ultralow weight are enabling new functionality to be added to a broad range of electronic products, such as smartcards, RFID and sensors both increasing their usefulness and the size of their addressable markets. This is according to NanoMarkets' new report, Thin Film and Printed Battery Market. According to the study, while many of the players in this space are smaller firms, several big name firms including Air Products, Dow Chemical, Intel, and NEC have invested in this space underscoring its importance.

This technology segment is also one where volume is everything. Thin film and printable batteries, according to NanoMarkets can be delivered at attractive price points when produced in significant quantities and with the right processes. For technologies such as RFID, sensors, smart cards and medical devices that are also high volume and cost sensitive, the ability for manufacturers to add cheap power sources is crucial.

In terms of market potential, NanoMarkets anticipates that the thin film and printed battery markets will be driven primarily RFID, which by 2015 will generate $4.6 billion revenues; smart cards which will generate $346 million in revenues; and sensors that will create $434 million in revenues.

Moreover, the NanoMarkets study predicts that printing will have a growing role in the next-generation of smart batteries resulting in the growth in demand for zinc manganese dioxide or carbon zinc inks. The study forecasts that there will be a growing number of alternatives for the dominant LiPON electrolytes. While thin-film batteries using conventional lithium-based materials will remain the dominant factor, non-lithium battery revenues will grow to $2.5 billion by 2015.

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