“Adoption of Flexible Batteries in Wearable and IoT Devices”
- A prominent trend in the Thin Film and Printed Battery market is the increasing adoption of flexible and rechargeable batteries in wearable devices and IoT applications, with the wearable segment projected to grow at a CAGR of 15.0% during the forecast period.
- These batteries enable lightweight, compact, and durable power solutions, with 60% of IoT device manufacturers integrating thin film batteries for sensors and connected devices by 2024.
- For instance, in March 2020, Enfucell launched its Wearable Temperature Tag, combining a printed paper battery with an intelligent temperature sensor for healthcare applications.
- This trend is driving demand for innovative, high-performance batteries that support the evolving landscape of connected and wearable technologies.
