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Global 3D Printed Battery Market to Reach USD 54.20 Billion by 2026, Aided by the Rising Demand for Small Battery-Operated Electronics

According to a new report by EMR titled, ‘Global 3D Printed Battery Market Report and Forecast 2021-2026’, the global 3D printed battery market reached a value of about USD 18.7 billion in 2020. The industry is further expected to grow at a CAGR of about 19.4% in the forecast period of 2021-2026 to reach a value of around USD 54.20 billion by 2026.

The growth of the electronics industry and an increase in usage of 3D printed batteries in electric cars is estimated to boost the market globally. Consumer electronics manufacturers are developing their product designs, which necessitates tiny power sources that are compatible with the flexible design of their products. For such purposes, 3D printed batteries are favoured for electrical device miniaturisation. For the 3D printed battery market, wearable technology is a key development area because traditional batteries do not meet criteria such as lightweight, flexibility, thinness, or durability. Despite their small size and long-running life, 3D printed batteries have a high energy density. As a result, they are found in almost all wearable gadgets that need to be thin and flexible. Due to the high demand for skin patches made with 3D printed batteries, the healthcare industry is also expanding. Drugs, cosmetics, tattoos, and performance-enhancing substances like caffeine are all delivered through the skin using smart skin patches. Medical diagnostic equipment and medical sensors employ 3D printed batteries. As a result, healthcare industry is also seeing a surge in demand for 3D-printed batteries.

Various companies are investing in research and development activities to introduce novel technologies, while some of the others are focusing on the partnership strategy to co-develop innovative solutions. For instance, in January 2021, Blackstone Resources (NYSE: BX) developed its new 3D-printing technology for printing lithium-ion solid-state batteries. It would provide high production flexibility, reduce costs, and surge the energy density by 20%.

Market Analysis by Architectural Process, End Users, Application, and Regions:

  • Based on architectural process, the market is categorised into graphene-based li-ion anodes, solid-state graphene super capacitors, graphene-based PLA filaments, and platinum-based electrodes, among others.
  • The end users of the industry are energy storage devices, and electronics, among other.
  • The leading applications of the 3D printed battery industry are wearables, smartphones, and electric vehicles, among others. 
  • The regional markets for 3D printed battery include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

Key Findings of the Report:

  • 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 growing environmental concerns towards numerous negative impacts of conventional batteries also expand the demand for 3D printed batteries.
  • Increasing investment in research and development activities to introduce novel technologies is further expected to propel the growth of 3D printed batteries.
  • 3D printed batteries are used in several applications, such as radio-frequency sensing, cosmetic and medicinal patches, greeting cards sensor, thereby augmenting the growth of the market.

Key Offerings of the report: 

  • The EMR report gives an overview of the global 3D printed battery market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecasted (2021-2026) markets for architectural process, end users, applications, and major regions of 3D printed battery.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global 3D printed battery industry are Blackstone Inc., Sakuu Corporation, Materialise NV, Imprint Energy, EOS GmbH, and Neware Technology Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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