Frost & Sullivan: Thin-film Batteries for Miniature Gadgets Set for an Extraordinary Growth

Frost & Sullivan: Thin-film Batteries for Miniature Gadgets Set for an Extraordinary Growth PR Newswire LONDON, Nov. 20, 2012 -- The use is expanding to a wide range of applications - Revenues from 86 million to touch 2 Billion in 2018 LONDON, Nov. 20, 2012 /PRNewswire/ -- Thin-film batteries hold the key to revolutionising miniature devices. Their flexibility, miniaturisation and high power attributes position thin-film batteries as the go-to power source for the next- generation of power- hungry gadgets. New analysis from Frost & Sullivan (http://www.powersupplies.frost.com), Analysis of the Global Thin-film Battery Market, finds that the market earned revenues of $86.7 million in 2011 and estimates this to grow at an impressive rate to reach $1,986.5 million in 2018. "Thin-film batteries offer the flexibility to design a miniature gadget, with a reliable power source," noted Frost & Sullivan Energy and Power Supplies Industry Manager, Suba Arunkumar. "The inherent tendency to be only a few millimetres thick and the flexibility to be designed in different shapes make thin-film batteries suitable for specific niche applications." Thin-film batteries are benefiting from the trend of many consumer electronic devices converging into a single, miniature, multi-functional, high-powered gadget. The market is also being driven by the heightened need for small and light-weight security and surveillance devices.