Next Generation Advanced Battery Global Market Report 2022: Lithium-ion (Li-Ion) Battery Limitations To Provide Opportunity – ResearchAndMarkets.com | Company

DUBLIN–(BUSINESS WIRE)–July 4, 2022–

The “Next Generation Advanced Battery – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com‘s offer.

Global market for next-generation advanced batteries to reach $2.5 billion by 2026

The global market for next-generation advanced batteries, estimated at $137 million by the year 2020, is expected to reach $2.5 billion by 2026, growing at a CAGR of 60.5% over the analysis period.

The US market is estimated to reach $72.9 million by 2021, while China is expected to reach $367.6 million by 2026

The market for next-generation advanced batteries in the US is estimated to reach USD 72.9 million by the year 2021. The country currently has a 33.96% share of the global market. China, the world’s second largest economy, is expected to reach an estimated market size of $367.6 million by the year 2026, growing at a CAGR of 71.8% during the analysis period. Other notable geographic markets include Japan and Canada, each forecast to grow 50.7% and 57.4% respectively over the analysis period. Within Europe, Germany is projected to grow at approximately 57% CAGR, while the rest of the European market (as defined in the study) will reach US$571.3 million by the end of the analysis period.

The need for batteries that can be recharged quickly is growing at an unprecedented rate, leading to the development and production of highly advanced batteries that are inevitable for the efficient functioning of smart homes, smart wearables, smartphones, which is also the extensive penetration of the Internet. reflects.

At the same time, the availability of higher efficiency, higher capacity and more durable next-generation grid-scale storage batteries is driving demand for their application in the consumer electronics and automotive industries. Revenue growth is also contributed by the ability of these advanced batteries to charge, charge and discharge at a rapid rate.

Solid electrode segment to reach $390.1 million by 2026

In the global solid electrode segment, the US, Canada, Japan, China and Europe will achieve the estimated CAGR of 58.4% for this segment. These regional markets accounted for a combined market size of $18.5 million in the year 2020. China remains one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India and South Korea, the Asia-Pacific market is predicted to reach US$44 million by the year 2026.

Main topics covered:

I. METHODOLOGY

II. MANAGEMENT SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Limitations of lithium-ion (Li-Ion) batteries to open up opportunities for next-generation advanced batteries
  • Opportunity Indicators: Applications of Lithium Ion Batteries
  • Global Lithium Ion Battery Market (2019): Value Sales Breakdown by Application:
  • Growing demand for mobile computing devices fuels market growth
  • Tablet PCs
  • Laptop PCs
  • Worldwide laptop shipments (in millions) for the years 2019, 2021 and 2023
  • A thriving digital world offers opportunities for next-generation advanced batteries in consumer batteries
  • Increased demand for electric vehicles fuels the market for next-generation advanced batteries
  • Global Electric Vehicle Sales (in million units) by region for 2019, 2025 and 2030
  • Next-generation batteries for electric vehicles
  • Lithium-silicone and solid-state technology to power EVs in the future
  • Increasing demand for renewable energy sources and increasing awareness of the benefits of clean energy are driving demand for next-generation advanced batteries
  • Targets for electricity production from renewable energy sources in selected countries
  • Unavoidable surge in energy demand after COVID-19 to draw attention to renewable energy and energy storage technologies
  • Next-generation advanced batteries are gaining momentum in wearable devices
  • Worldwide shipments of wearable devices in million units for the years 2017, 2019 and 2021
  • Expansion of the Internet user base and consumer appetite for digital media: the key features of the modern digital world
  • Global internet user penetration rate (in %) for the years 2014, 2016, 2018, 2020, 2022 and 2024
  • ‘Smart Home’ and domotics provide new possibilities
  • Future trends in battery technology
  • NanoBolt Lithium-Tungsten Batteries
  • Zinc Manganese Oxide Batteries
  • Organosilicon Electrolyte Batteries
  • Gold Nanowire Gel Electrolyte Batteries
  • TankTwo String CellT Batteries
  • Macro drivers
    • Favorable demographic and socio-economic trends bolster market prospects
    • Rapid growth in urban households
    • Increasing wealth of the middle class consumer segment
  • Rising standard of living

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

ASIAN-PACIPHIC

REST OF THE WORLD

Named companies

  • 24M Technologies, Inc.
  • Amprius Technologies
  • Japan Aqua Power System
  • Arconic Corporation
  • Energizer Holdings, Inc.
  • EnZinc, Inc.
  • ESS, Inc.
  • Excellatron Solid State, LLC
  • e-zinc
  • GS Yuasa Corporation
  • Ionomr Innovations Inc.
  • Iskra
  • Lockheed Martin Corporation
  • May One Products Inc.
  • Oxis Energy Ltd
  • Panasonic Corporation
  • Pathion Inc.
  • Pellion Technologies Inc.
  • Phinergy Marine
  • PolyPlus Battery Company Inc.
  • Renata SA
  • RiAlAiR Ltd.
  • Samsung SDI Co., Ltd.
  • Sion Power Corporation
  • sonic energy
  • ZAF Energy Systems, Inc.
  • Zinc8 Energy Solutions Inc.

For more information about this report, visit https://www.researchandmarkets.com/r/wlctig

View the source version on businesswire.comhttps://www.businesswire.com/news/home/20220704005372/en/

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KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY BATTERIES TECHNOLOGY DIFFERENT ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 07/04/2022 12:53 PM/DISC: 07/04/2022 12:53 PM

http://www.businesswire.com/news/home/20220704005372/en

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