As the Internet of Things and wearables continue to emerge, the ability to power
millions of sensors is critical.
David Savastano, Editor03.23.17
As the Internet of Things (IoT) emerges, the need to power these potentially billions of sensors becomes even more critical.
It is a lucrative market. Global Market Insights, a consultancy, reports that the market for thin film batteries was $200 million in 2015, growing at a CAGR of 25% from 2016-24 to more than $1.5 billion in 2024.
The opportunities for flexible batteries are clear. Current solutions are limited by a variety of factors. For example, coin cell batteries are not flexible and also are not disposable. While it is theoretically possible to create solar-powered cells, that chemistry is not there yet for the IoT. This potential has opened the market for a number of interesting companies.
Anja Talo, director, marketing and sales for Enfucell Oy, said that Enfucell has seen an increase in the interest in printed batteries and battery-assisted devices in recent years.
“It is boosted by the rise of the IoT and, on the other hand, by the development of ultra-l
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