The new report by Expert Market Research titled, ‘Global 3D Printed Battery Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global 3D printed battery market, assessing the market based on its segments like architectural process, end users, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 18.7 Billion
- Forecast CAGR (2021-2026): 19.4%
- Forecast Market Size (2026): USD 54.20 Billion
Due to their cost-effectiveness, compact construction, flexibility, and portability, 3D printed batteries are a great alternative to traditional batteries. They are utilised in a variety of applications, including radio-frequency sensing, cosmetic and therapeutic patches, greeting cards sensors, data logging systems, interactive packaging, and other consumer electronics items, due to these qualities. The key factors driving market expansion are the related benefits and their expanding and diverse applications. The high demand for powerful batteries to store energy is expected to propel the 3D-printed battery market growth in the near future. In mobile electronics, longer energy storage is required for usage. Li-ion batteries are nowadays equipped with 3D-printing technology and are available in numerous shapes and sizes, which is expected to propel the growth of the market. An increase in the usage of 3D printed batteries in electric cars is estimated to boost the market.
Industry Definition and Major Segments
A 3D printed battery is a battery that is made with metallic printed structures for applications like supercapacitors and microfluidic devices. Lithium titanate (LTO) and lithium iron phosphate are the most common anode and cathode materials used in 3D printed batteries (LPF). They have a low-rate capability, a low volumetric expansion, and a high level of stability and security.
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By architectural process, the market is divided into:
- Graphene-Based Li-Ion Anodes
- Solid-State Graphene Super Capacitors
- Graphene-Based PLA Filaments
- Platinum-Based Electrodes
- Others
The end users of the market are:
- Energy Storage Devices
- Electronics
- Other
The leading application of the market includes:
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On the basis of region, the industry is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
Printed batteries are sustainable and eco-friendly, minimising waste and allowing for faster production due to less sophisticated fabrication procedures. The rapid acceptance of these batteries has occurred due to improvements on the Internet of Things (IoT) and wireless sensor technologies, which is functioning as another important growth-inducing factor. The development of 3D printing technology, which allows for the desired manufacturing and design of batteries, is likely to accelerate the growth of the 3D printed batteries market globally. The growing environmental concerns towards numerous negative impacts of conventional batteries also expand the demand for printed batteries. Medical diagnostic equipment and medical sensors employ 3D printed batteries. As a result of this, the healthcare industry is seeing a surge in demand for 3D-printed batteries.
Key Market Players
The major players in the market are Blackstone Inc., Sakuu Corporation, Materialise NV, Imprint Energy, EOS GmbH, and Neware Technology Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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