New and Future Markets for Thin-Film Batteries-Excerpt
Over the past decade, the thin-film battery business has been little more than a niche at best and many “sure thing” applications for these batteries have led nowhere commercially. Specialist thin film battery firms have quietly disappeared as the whole sector has begun to look more and more like the usual story of an interesting technology chasing an unresponsive market.
n-tech believes that the advent of the Internet-of-Things (IoT) and wearable electronics is giving the film battery business a second chance. The IoT potentially needs billions of low-cost, small form factor batteries, which may be used in combination with energy harvesting to increase time between charges. Wearable electronics can support higher prices for batteries than IoT but flexible, small format batteries still seem to be the order of the day. In either case, thin-film batteries – at least provisionally – seem well suited to these needs.
The question then is if wearables and IoT prove to be the “killer app” for thin film batteries, what type of firms can benefit from recognizing this fact.Back