Thin Film Battery Market will Increase to Over $4670m by 2026
A study by ID TechEx reports that the market for thin film, flexible batteries will increase to over $470m by 2026. Although thin, flexible batteries have commercially existed for more than ten years in skin patches, RFID tags and smart cards; the development of new market categories such as wearable electronics and Internet of Things demand that batteries be micro and malleable. Market changes are expected to drive battery industry technology over the next decade. Current industry solutions include ultra-thin lithium batteries, thin film lithium polymer batteries, and lithium-ion batteries with special thin flexible supercapacitors, however, new markets will continue to shape innovation, transforming the energy storage industry.
ID TechEX expects the market in 2026 to look exceedingly different with the largest growth areas in RFID, smart card, wireless sensors/networks, smart packaging, medical & cosmetic disposable, medical device, interactive media/toys/games/cards, wearable electronics (non-medical), backup power, portable electronics, and energy harvesting.
Thin Film Coating Process at Faustel
Faustel is working with the thin film battery industry to develop equipment and technologies that improve the thin film coating process. Our in-house Technology Center incorporates all well-known drying and curing technologies as well as a wide variety of coating, laminating, and winding capabilities for every stage of new product development. We assist battery industry innovators in developing new products or improving existing processes from initial laboratory coating to full-scale manufacturing solutions. Faustel also manufactures laboratory, pilot, modular, and custom-built coating lines in widths ranging from 150 mm to 4,040 mm for virtually every coating process.
Web processing has come a long way since we opened our doors in 1956. The skill and ingenuity of the Faustel team will continue to advance the thin film coating process well into 2016 and beyond.