Competitive Landscape Analysis- Graphene Battery Market

Competitive Landscape Analysis-  Graphene Battery Market

Browse 36 Market Data Tables and 34 Figures spread through 96 Pages and in-depth TOC on “Graphene Battery Market”
Graphene Battery Market by Type (Lithium-Ion Graphene Battery, Lithium-Sulfur Graphene Battery, Graphene Supercapacitor), End-Use Industry (Consumer Electronics, Automotive, Industrial, Power), Region

The global graphene battery market size is projected to grow from USD 168 million in 2024 to USD 609 million by 2030, at a CAGR of 23.9% from 2024 to 2030. The increasing demand for graphene batteries in consumer electronics and automotive industries is expected to drive the graphene battery market. 

The Asia Pacific region is expected to account for the largest share of the market in 2021. China, Japan, and South Korea are key countries contributing to the increased demand for graphene batteries in this region. In China, Japan and South Korea along with electric vehicles, graphene batteries are used in consumer electronics. Europe is estimated to have the second-largest share of the global graphene battery market in 2021.

Samsung SDI (South Korea), Huawei Technologies Co., Ltd. (China), Log 9 Materials Scientific Private Limited (India), Cabot Corporation (US), Grabat Graphenano Energy (Spain), Nanotech Energy (US), Nanotek Instruments, Inc. (US), XG Sciences, Inc. (US), ZEN Graphene Solutions Ltd. (Canada), Graphene NanoChem (Malaysia), Global Graphene Group (US), Vorbeck Materials Corp. (US), Graphenea Group (Spain), Hybrid Kinetic Group Ltd. (Hong Kong) and Targray Group (Canada) are some of the leading players operating in the graphene battery market. These players have adopted the strategies of expansion and joint-venture to enhance their position in the graphene battery industry.

To know about the assumptions considered for the study download the pdf brochure

In line with the rising demand for graphene battery, in December 2018,  Log 9 Materials Scientific Private Limited (India) announced that they are working on graphene-based metal-air batteries. The metal-air battery uses metal as the anode, oxygen as the cathode and water as an electrolyte. A graphene rod is used in the air cathode of the battery. Since oxygen has to be used as the cathode, the cathode material has to be porous to let the air pass, a property in which graphene excels. According to Log 9 Materials, the graphene used in the electrode can increase the battery efficiency by five times at one-third the cost.

In November 2017,  Samsung SDI (South Korea), in collaboration with Samsung Advanced Institute of Technology (SAIT), developed a unique “graphene ball” that could make lithium-ion batteries last longer and charge faster. Samsung Advanced Institute of Technology (SAIT) said that using the new graphene ball material to make batteries will increase their capacity by 45% and make their charging speed five times faster. It was also said that this battery would be able to maintain a temperature of 60 degrees Celsius that is required for use in electric cars.

In December 2016, Huawei unveiled new graphene- Li-Ion battery with abilities to withstand high temperature (60° degrees as opposed to the existing 50° limit). The lifespan of the graphene- Li-Ion battery will also be twice than that of the ordinary Li-ion battery. To achieve this breakthrough, Huawei incorporated three new technologies including a special additive in the electrolyte, cathodes with modified large-crystal NMC materials and graphene for more efficient cooling.

In June 2014, Vorbeck Materials Corp. (US) launched Vor-Power, a lightweight, flexible battery strap that can be attached to any existing bag strap to enable a mobile charging station that provides about 50 hours of additional talk or surf time. The product weighs 450 grams, provides 7,200 mAh and is probably the world’s first graphene battery.

Inquery Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=96975481

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/graphene-battery-market-96975481.html