WILMINGTON, DE / ACCESSWIRE / February 9, 2023 / Transparency Market Research Inc. - According to TMR report, the Silicon Anode Battery Market stood at US$ 1.2 Bn in 2021 and is anticipated to reach US$ 208.6 Bn by the end of 2031. The global silicon anode battery market is likely to grow at a CAGR of 67.5% between 2022 and 2031. Silicone anode batteries are an extended version of lithium-ion batteries, and used widely in medical devices, electronic devices, and several commercial applications. Rise in eco-friendly initiatives proposed by various governments is propelling the demand for safer, long-lasting, and reliable batteries. Silicon anode batteries are used primarily in the commercial and residential sectors. Increase in demand in these sectors is anticipated to propel market expansion during the forecast period.
Silicon anode batteries are portable and rechargeable. Hence, these are used in sectors such as energy & power, automotive, and electronic devices across the globe. Surge in utilization of electronic devices and need for reliable and energy-efficient power is projected to bolster silicone anode batteries industry expansion. Furthermore, increase in environmental deterioration that occurs with the use of traditional fuel has induced people to switch to battery-operated devices and equipment. This shift from traditional fuel to battery-operated energy storage systems is projected to create new business opportunities in the global market in the near future.
Request for a Sample of this Research Report (choose the corporate mail ID to receive top attention) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=15077
Key Findings of Study
- Rise in Demand for Use in Electric Vehicles: Rise in demand for pollution-free transportation has led to adoption of electric vehicles as an eco-friendly commute option. This initiative by the automobile industry is propelling the demand for silicone anode batteries in electric vehicles. These batteries are long-lasting, and offer secure energy storage and uninterrupted energy supply. Thus, increase in demand for electric vehicles is augmenting silicone anode battery market growth.
- Surge in Need for 3,000 mAh - 5000 mAh Capacity in Batteries: Technological advancement in energy storage and increase in usage of electronic devices drive the need for batteries with minimum capacity of 3000 mAh and maximum capacity of 5000 mAh. This is considered ten times higher than that of graphite, which is applicable in commercial batteries. Increase in usage of electronic devices in the residential and commercial sectors is projected to boost the demand for silicon anode batteries, thereby promoting business growth.
Key Drivers
- Need for secure replacements of lithium-ion batteries due to their drawbacks of overheating and sudden explosion drives demand
- Increase in demand in the automotive sector
- Surge in demand for safe, cost-efficient, and sustainable batteries
Buy this Premium Research Report | Immediate Delivery Available -
https://www.transparencymarketresearch.com/checkout.php?rep_id=15077<>
Regional Growth Dynamics
- Asia Pacific is anticipated to account for the largest market share during the forecast period. This is ascribed to expansion of the automotive and commercial sectors. Rapid industrialization & urbanization and increase in energy consumption are projected augment the market in the region during the forecast period.
- Prospects of per capita increase in consumption of silicon anode battery in GCC and ASEAN countries due to economic growth to create immense opportunities.
Key Players
Prominent players in the global silicone anode battery market are
- Enevate Corporation,
- NanoGraf Corporation,
- Group 14 Technologies,
- Enevate Corporation,
- Amprius Technologies,
- Resonac Holdings Corporation,
- Daejoo Electronic Materials Co. Ltd.,
- Sila Nanotechnologies Inc.,
- Targray Technology International,
- Leyden Jar, and Nexeon
Ask for References -
https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=15077
Silicon Anode Battery Market Segmentation
Capacity
- 0-3000 mAh
- 3,000 mAh-5,000 mAh
- Above 5,000 mAh
Application
- Automotive
- Electronic Devices
- Medical Devices
- Energy and Power
- Others
End Use
- Commercial
- Industrial
- Residential
Regions
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Countries
- U.S.
- Canada
- Germany
- France
- U.K.
- Italy
- Russia & CIS
- China
- Japan
- India
- Australia
- ASEAN
- Rest of Asia Pacific
- Brazil
- Mexico
- GCC
- South Africa
- Rest of Middle East & Africa
- Rest of Latin America
Latest Chemicals and Materials Industry Reports: -
- Langasite Market Trends, and Forecast 2022-2031
- Pinatex Market Size, Share, and Forecast 2023-2031
- Lignin Bio-oil Market Growth Analysis & Forecast 2022-2031
- Castor Oil and Derivatives Market Outlook 2022-2031
- Electronics & Electrical Ceramics Market Growth, Forecast 2022 - 2031
- Webbing Market Size, Share, Growth, Trends, and Forecast 2022-2031
- Conductive Polymers Market Size, Share, Growth 2022-2031
- Second-generation Biofuels Market Analysis, Forecast Report, 2022-2031
- Liquid Crystalline Polymers (LCP) Market Size, Trends, Growth Report 2022 - 2031
- Green Solvents and Bio-solvents Market Size, Growth, Trends 2022 - 2031
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]
SOURCE: Transparency Market Research inc.