Technology

Thin Film and Printed Battery Market Skyrockets to $904.94 Million by 2031 Dominated by Tech Giants – Molex LLC, Varta AG and Renata SA | The Insight Partners

Published

1 year ago

December 2, 2024

The global thin film and printed battery market is set for explosive growth, with projections indicating a surge to $904.94 Million by 2031. This remarkable expansion, driven by proliferation of 5G, rising demand for wearable devices and growing focus on sustainability.

NEW YORK, Dec. 2, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, “Thin Film and Printed Battery Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Voltage Rating, Chargeability, Application, and Geography”, the global thin film and printed battery market is observing significant growth owing to the miniaturization of electronics and rising demand for connected devices.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/thin-film-and-printed-battery-market

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the thin film and printed battery market comprises a vast array of voltage rating, chargeability, application, and geography, which are expected to register strength during the coming years.

Market Overview and Growth Trajectory:
Thin Film and Printed Battery Market Growth: According to an exhaustive report by The Insight Partners, the Thin Film and Printed Battery Market is experiencing significant growth, driven by expansion of healthcare industry and continuous research and development. The market, valued at $197.31 Million in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 21.0% during 2023–2031.

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Miniaturization of Electronics: In today’s fast-paced world, consumer electronics have become integral to everyone’s lives. From smartphones to wearable devices, the demand for smaller and more powerful gadgets continues to rise. As consumer electronics continue to shrink in size, traditional battery technologies struggle to keep up with the demand for compact and long-lasting power sources. Thin film and printed batteries, micropower sources, have emerged as a solution to this problem. These thin energy storage devices offer high energy density in a small form factor, making them ideal for powering the ever-shrinking consumer electronics, propelling the thin film and printed battery market growth. In order to meet the demands of miniaturization, researchers are exploring new materials and designs to enhance energy storage capacity while reducing the size of these batteries. Nanotechnology, for instance, has played a crucial role in developing thin film and printed batteries with higher energy densities and improved cycle life. The applications of thin film and printed batteries extend beyond just smartphones and wearable devices. They are also utilized in medical implants, hearing aids, wireless earphones, and even miniature drones. These energy storage solutions are revolutionizing industries and enabling the development of innovative products that were once unimaginable. Thus, the growing miniaturization of electronic devices has become an important thin film and printed battery market trend.

Country Insights: According to the thin film and printed battery market forecast, the market in Germany is expected to grow significantly owing to the rise in digitization, 5G implementation, and technological adoption. These high-performance battery systems are essential for the future of industries such as consumer electronics and medical, as they enable sustainable and safe operations. This surge in demand creates significant opportunities for Germany to leverage technological advancements, paving the way for success in the battery market. The convergence of advanced micro battery cells and digital technologies is poised to bring about a revolution across the above industries. This presents Germany with a significant opportunity to establish itself as a key player on the global stage in this pivotal field. By leveraging its expertise in battery technology and embracing digital advancements, Germany can capitalize on this transformative shift and drive innovation and growth in the battery industry. In June 2023, Valmet Automotive inaugurated its first battery plant in Germany, signifying a crucial milestone toward achieving ambitious growth objectives. Thus, all the above factors fuel the thin film and printed battery market growth in Germany.

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Geographical Insights: The Asia Pacific held the largest market share in 2023, followed by North America and Europe.

Thin Film and Printed Battery Market Segmentation, Applications, Geographical Insights:

Based on voltage rating, the thin film and printed battery market is divided into below 1.5 V, 1.5–3 V, and above 3 V. The below 1.5 V segment held the largest market share in 2023.In terms of chargeability, the market is segmented into rechargeable and Single-Use. The rechargeable segment held a larger share of the market in 2023.In terms of application, the market is segmented into consumer electronics, medical devices, smart packaging, smart cards, wireless sensors, and others. The consumer electronics segment held the largest market share in 2023.The thin film and printed battery market is segmented into five major regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

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Key Players and Competitive Landscape:

The Thin Film and Printed Battery Market is characterized by the presence of several major players, including:

Molex LLCVarta AGRenata SAEnfucell Flexible Electronics LtdSTMicroelectronicsSamsung Sdi Co LtdExcellatron Solid State LLCUltralife CorporationIlikaImprint Energy

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

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Thin Film and Printed Battery Market Recent Developments and Innovations:

“The Swiss Federal Laboratories for Materials Science and Technology (Empa) based in the canton of Zurich launched a spin-off company called BTRY. The company plans to drive forward the coming generation of battery technology with an innovative thin-film battery. The thin-film solid-state battery developed at the Empa Laboratory for Thin Films and Photovoltaics provides greater safety and quicker charging times, lasts longer, is not sensitive to temperature, is noncombustible, and can be manufactured in a more environmentally friendly way than lithium-ion batteries.””Ilika, a developer and manufacturer of advanced solid-state battery technology, announced the successful shipment of its first batch of Stereax batteries from its manufacturing facility in the UK to its customer, Blink Energy. The initial shipment consists of single-layer Stereax M50 cells, which have been allocated to Blink Energy, a provider of device-agnostic power and communications platforms for ocular devices. The M50 cells can be used individually. These cells are also the building blocks for Ilika’s M300 batteries, which are made up of six M50 cells connected in parallel. The ultra-thin profile of the M50 cells is particularly advantageous for Blink Energy, which designs products to power and connect smart ocular devices.””Ultralife Corporation announced that it had acquired Excell Battery Company. The acquisition will further help Ultralife Corporation increase its capabilities in mission-critical applications, such as downhole drilling, OEM industrial and medical devices, automated meter reading, mining, and marine. Based in Canada with US operations, Excell is a key independent designer and manufacturer of high-performance smart battery systems, battery packs, and monitoring systems to customer specifications.”

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Conclusion:

Thin film batteries are being increasingly used in fitness bands, smartwatches, headsets, and other wearable electronic devices because of their improved recharge rate and small size. Also, the growing adoption of 5G is raising the demand for connected electronic devices. In addition, the increasing use of smart cards, such as EMV chip card technology, is propelling the demand for thin film and printed batteries worldwide. As smart cards are created at high temperatures of 130–150 degrees Celsius, which degrades the organic content of ordinary batteries and prevents them from functioning, the demand for thin film and printed batteries is increasing for the production of smart cards. Furthermore, the growing miniaturization of electronic devices is expected to create growth opportunities for the thin film and printed battery market during the forecast period.

With projected growth to $904.94 Million by 2031, the Thin Film and Printed Battery Market represents a significant opportunity for battery manufacturers, raw material suppliers, end-users (OEMs), investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Related Report Titles:

Flexible Thin Film and Printed Battery Market Size and Forecasts (2021 – 2031)Flexible Electronics And Circuit Market Size and Forecasts (2021 – 2031)Flexible Electronics Market Growth and Forecast | 2030 Wearable Technology Market Overview, Growth, Trends, Analysis, Research Report (2021-2031)

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
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SOURCE The Insight Partners

Technology

Haloid Solutions Expands Access to Radio Equipment by Offering Flexible Financing and Leasing Solutions Named HaloidFLEX

Published

1 hour ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As part of Haloid Solutions’ long-term commitment to helping businesses and municipalities acquire critical communications equipment despite budgetary constraints, Haloid now offers specialized financing and leasing programs through its HaloidFLEX program.

Designed to ensure that companies and governments have the equipment they need without costly capital expenditures outlays, HaloidFLEX offers financing for equipment purchased directly from manufacturers or local radio dealers. HaloidFLEX financing offers zero percent and low-interest options as well as predictable monthly payments for qualified buyers. HaloidFLEX clients can even opt to incorporate extended support services and protections into their financing to prepare for accidents, theft, or equipment losses. This gives companies peace of mind with one low monthly payment.

For organizations that don’t want or need to own equipment long-term, the HaloidFLEX leasing program offers similar benefits with potential tax advantages. Companies can lease brand new equipment and upgrade or return it at lease-end as needed. For companies seeking flexible options – or those that are interested in upgrading to the latest technology as it becomes available – leasing makes perfect sense.

One of the added benefits of each program is that HaloidFLEX allows clients to bundle services and protections that would normally be billed separately. Accidental damage, theft, and loss protections can be put in place, so that there’s never a lapse in communication if a radio fails. Extended warranties are also available upon request, so companies can customize their financing and protection to fit their budget and safeguard their equipment simultaneously.

According to a Haloid Solutions spokesperson, “Bundling expenses simply makes sense. It reduces the need for multiple policies and flexes with organizations to ensure critical communication equipment is available when needed while guaranteeing that the company’s investment is protected for the life of the equipment.”

HaloidFLEX financing and leasing programs are available to qualified businesses and municipalities nationwide. To learn more or request a customized quote, visit HaloidSolutions.com.

About Haloid Solutions

Haloid Solutions is the go-to resource for U.S. businesses and municipalities in search of financing and leasing for two-way radios, walkie talkies, communications equipment, accessories, and services. Focused on reliability, affordability, and performance, Haloid strives to equip professionals in all communication-based industries with the resources they need most.

For more information about Haloid Solutions, or details about the HaloidFLEX financing or leasing programs, please visit https://haloidsolutions.com/collections/lmr-radio-financing-and-leasing-and-subscription-low-cost-payment-options-for-2-way-radio-equipment or contact us on our website.

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SOURCE HALOID SOLUTIONS

Technology

CAS Holdings Appoints Patrick McDermott as Chief Executive Officer

Published

2 hours ago

April 18, 2026

Leadership Transition Positions CAS Holdings for Continued Growth and Customer-Focused Innovation

FRANKLIN, Mass., April 18, 2026 /PRNewswire/ — CAS Holdings, a leader in industrial automation distribution, engineering, and integration, is pleased to announce that Patrick McDermott has been named Chief Executive Officer.

McDermott previously served as President and Chief Revenue Officer, where he played a key role in driving growth across the organization, strengthening customer relationships, and leading teams with a clear focus on execution and results.

In his new role as CEO, McDermott will lead CAS Holdings into its next phase of growth, building on the company’s strong foundation and continued commitment to delivering value to customers, partners, and employees.

“I’m honored to step into the role of CEO at CAS Holdings,” said McDermott. “Over the past year, I’ve had the opportunity to work alongside an incredible team, support our customers, and help drive the growth of our organization. I’m excited to build on that momentum as we move into our next chapter.”

CAS Holdings, through its divisions including iAutomation and RND Automation, delivers a full spectrum of industrial automation solutions – from product distribution and technical support to custom machine building and system integration. Serving OEM machine builders and end-users, the company brings deep expertise in motion control, robotics, and vision, along with value-added capabilities such as kitting, sub-assembly, panel building, and turnkey automation systems, acting as an extension of its customers’ engineering and production teams.

McDermott’s leadership will focus on advancing CAS Holdings’ strategic initiatives, strengthening its market position, and continuing to deliver innovative automation solutions that support customers across a wide range of industries.

“We have a strong foundation, a talented team, and a clear direction. I’m looking forward to what we’ll accomplish together,” McDermott said. “Our focus remains on supporting our customers with responsive, local expertise, strong supplier partnerships, and the engineering and production capabilities they rely on to keep their operations running and growing.”

About Complete Automation Solutions Holdings

Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

Press Contact:

Erika Jacques
508-838-8012
http://www.iautomation.com/

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SOURCE CAS Holdings, Inc.

Technology

Vipboss Marks Earth Day with Renewed Commitment to Green Energy Solutions

Published

3 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As Earth Day draws global attention to environmental responsibility, Vipboss, a specialist manufacturer and developer of lithium iron phosphate (LiFePO4) battery packs for energy storage and mobility applications, is underscoring its long‑term commitment to sustainable energy practices through its Environmental Advocacy. This advocacy is devoid of ornate language; its inspiration stems from the brand’s unwavering conviction in LiFePO4 batteries as a green energy solution. To align this message with practical action, the brand is also running a themed sales campaign on its official website during April 18th to 30th. It highlights how practical product solutions, rather than abstract concepts, can support cleaner energy use in everyday life.

Across the world, energy consumption patterns are undergoing rapid change. Households, outdoor users, and light‑mobility sectors are increasingly seeking energy systems that are safe, sustainable, and low‑emission. Within this shift, LiFePO4 batteries have emerged as a preferred technology for clean‑energy applications. Their long service life, high safety profile, and absence of cobalt, which is an element associated with higher environmental and ethical risks, position them as a responsible choice in the global transition toward greener power.

LiFePO4 technology forms the foundation of Vipboss’s approach to sustainable energy. Its extended cycle life reduces the frequency of battery replacement, lowering resource consumption and easing the environmental burden associated with disposal. The material’s inherent stability also minimizes the risk of thermal runaway, offering a safer experience in homes, recreational vehicles, and public environments. In practical use cases such as home backup systems, RV travel, and golf‑course operations, LiFePO4 batteries deliver efficient storage and stable output, helping reduce reliance on fossil‑fuel‑based energy sources and supporting lower‑carbon lifestyles.

Vipboss’s environmental advocacy extends beyond the technical advantages of its products. The brand promotes responsible energy use as an integral part of sustainable living, emphasizing that product design and informed application must work together to achieve meaningful environmental outcomes. As a provider of energy solutions for home, travel, and leisure scenarios, Vipboss continues to participate in the long‑term process of green transformation through ongoing technological refinement and product evolution.

Earth Day serves as a reminder that lasting environmental impact is built through small, consistent actions. Looking ahead, Vipboss will continue advancing safer, more durable, and more efficient energy products that support individuals and families in adopting more sustainable energy habits. Through these efforts, the brand aims to contribute enduring value to the wider adoption of clean energy and the collective pursuit of a more sustainable future.

About Vipboss

Vipboss is a specialist in the lithium battery industry, focusing on the research, production, and manufacturing of lithium iron phosphate (LiFePO4) battery packs. The company is committed to advancing battery technology with an emphasis on reliable performance, safety, and extended service life. Its mission is to deliver safe, efficient, and environmentally responsible energy solutions that contribute to a cleaner, more sustainable future.

For more information, please visit: https://vipbosspower.com/.

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SOURCE Vipboss