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The Flexible Battery Market

As the Internet of Things and wearables continue to emerge, the ability to power millions of sensors is critical.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

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 ...

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