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Batteries/Business/Thin Film 070215
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(July 2006) Research and Markets anticipates thin film battery markets to reach 10 billion units by 2012. By that date, the market should represent a $11 billion industry. This is phenomenal growth since the thin film battery markets are only in trial stages today. The market’s driving forces are dependent on the wide expansion of portable devices in the next six years. Market development also depends on volume capacity. High volume makes the price per unit less to manufacturer. With 3.5 billion cell phone users and 67 billion RFID (Radio Frequency Identification Device) tags per year anticipated in that time frame, it is expected that the volume will be in place to create commercial demand for thin film batteries. More information can be obtained at www.researchandmarkets.com
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