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Batteries for Gadgets: Massive Growth Potentia
Posted: 09-Jul-2012 [Source: Frost & Sullivan]

[Frost & Sullivan releases report showing thin film batteries are an emerging technology with massive growth potential.]

London -- Thin film batteries are an emerging technology with massive growth potential. In fact, the market worth $86.7 million in 2011 is estimated to reach $1,986.5 million in 2018. Thin film batteries can be the solution to power ultra-thin devices.

According to Frost & Sullivan, future key trends include:

Wide spread usage of thin film batteries in consumer devices such as mobile phones is expected

Medical implantable devices could be powered by thin film batteries in future

Thin film battery powered RFID, smart cards, transdermal patches are likely to drive market to mass commercial scale, in the recent future

"Convergence in electronic gadgets is becoming the key growth factor for the future generation. Thin film batteries offer the solution to power ultra-thin devices, making it suitable for future gadgets. Demand for high power, ultra-thin battery to power miniature devices creates huge market potential for this chemistry across different end-user applications," observes Industry Manager, Suba Arunkumar.

Frost & Sullivan has recently organized an on-demand web conference titled "Thin Film Batteries – Powering the Miniatures!"

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