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2015 Forecast: Global Solid State Thin Film Battery Market Will Reach $5.95 Billion by 2019

Market Research Store releases a new market research report "Global Solid State Thin Film Battery Market 2013 Forecast to Industry Size, Shares, Strategies, Trends, and Growth 2019" to add to its collection of research reports.

 

Deerfield Beach, FL -- (SBWIRE) -- 12/16/2015 -- Solid state thin-film batteries Market at $65.9 million in 2012 are anticipated to reach $5.95 billion by 2019. Various power factors have impinged on the advancement and development of micro devices. Power density, cell weight, battery life and form factor all have proven significant and cumbersome when considered for micro applications. Market growth is a result of the implementation of a connected world of sensors.

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Thin film battery market driving forces include creating business inflection by delivering technology that supports entirely new capabilities. Sensor networks are creating demand for thin film solid state devices. Vendors doubled revenue and almost tripled production volume from first quarter. Multiple customers are moving into production with innovative products after successful trials.

A solid state battery electrolyte is a solid, not porous liquid. The solid is denser than liquid, contributing to the higher energy density. Charging is complex. In an energy-harvesting application, where the discharge is only a little and then there is a trickle back up, the number of recharge cycles goes way up. The cycles increase by the inverse of the depth of discharge. Long shelf life is a benefit of being a solid state battery. The fact that the battery housing does not need to deal with gases and vapors as a part of the charging/discharging process is another advantage.

According to IBM, the world continues to get "smaller" and "flatter." Being connected holds new potential: the planet is becoming smarter because sensors let us manage the environment. Intelligence is being infused into the way the world works.

Sensor networks are being built as sensors are integrated into the systems, processes and infrastructure that comprise surroundings. These sensor networks enable physical goods to be developed, manufactured, bought and sold with more controls than were ever available before.

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Table Of Content
Solid State Thin Film Battery Executive Summary
Advantages of Solid State Batteries
Solid State Thin Film Battery Market Driving Forces
Improvements In Wireless Sensor Technologies Have Opened
Up New Solid State Battery Markets
Nanotechnology and Solid State Batteries
Solid State Battery Market Shares
Solid State Thin-Film Battery (TFB) Market Forecasts

1. Solid State Thin Film Battery Market Description and Market Dynamics
1.1 World Economy Undergoing A Transformation
1.1.1 Global Economic Conditions:
1.1.2 Global Economy Becomes Steadily More Sluggish
1.1.3 Global Economic Conditions Impact Markets
1.2 Smarter Computing Depends on Solid State Thin Film Batteries
1.2.1 Intelligent Systems: The Next Era of IT Leverages Solid State Thin Film Batteries
1.2.2 Cloud and Virtualization from IBM WebSphere
1.3 Solid State Thin Film Battery Target Markets
1.3.1 Permanent Power for Wireless Sensors
1.4 Principal Features Used To Compare Rechargeable Batteries
1.5 Integrated Energy Storage
1.5.1 Pervasive Power
1.6 Reducing Grid Energy Losses

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