Next Generation Batteries Market Overview:
The accelerated development of the electronics & semiconductor industries is powering the growth of the next generation batteries market. Reports that investigate the semiconductor and electronics industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is estimated to acquire an optimistic CAGR by 2027.
The intensifying commercial usage in consumer electronics, electric vehicles, and the market for stationary storage is boosting the Next Generation Batteries Marketglobally. Furthermore, growing advances such as higher-voltage electrolytes and cathodes, together with higher-capacity active materials such as silicon-containing elements are expected to increase the growth pace of the market in the approaching period.
Major Key Players:
The topmost companies in the next generation batteries market are Sion Power (U.S.), Envia Systems Inc. (U.S.), PolyPlus Transfection (France), Ambri Inc. (U.S), Hitachi (Japan), Panasonic Corporation (Japan), Fluidic Energy (U.S.), Uniross Batteries (South Africa), Mitsubishi Chemical (Japan), LG Chemicals (South Korea), Phinergy (Israel), Samsung (South Korea), Saft Group (France), Amprius Inc. (U.S.), Seeo (U.S.), Lockheed Martin (U.S.), and OXIS Energy (U.K).
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The scrutiny of the next generation batteries market is carried out the basis of type, region, and applications.
- On the basis of type, the market for next generation batteries is segmented into Ni-Cd, Li-ion, Ni-metal hydride, lithium sulfur, solid electrodes, magnesium ion, metal-air, and ultra-capacitors. The next generation batteries market is segmented
- On the basis of application into aerospace & defense, consumer electronics, transportation, automotive, oil & gas, industrial, among others.
- On the basis of regions, the next generation batteries market comprises of Asia Pacific, Europe, North America, and the Rest of the World.
Detailed Regional Analysis:
The regional investigation of the next generation batteries covers regions such as North America, Asia Pacific, Europe, and the Rest of the World. The North American region is recognized to be a controlling region in next generation batteries market. Canada and the U.S. are the principal nations in the region accredited with driving the rising awareness of electric vehicle and regulation of government strategies to inspire the usage of electric vehicles which will drive the market over the forecast period.
The European region is estimated to achieve significant development in the next generation batteries market. The Asia Pacific region is expected to have a noteworthy development in next generation batteries throughout the forecast period. Japan, China, India, and the Republic of Korea are the primary countries in the region. Mounting want for cost-effective and effective batteries are estimated to push the market over the forecast period.
The market has developed an incremental pace in the past few years, which is highlighted by the achievements in terms of valuation. The development of the resources needed to sustain against competition has improved greatly leading to an unprecedented growth rate. The governments around the world have also played a substantial role in the growth of the market in recent years.
The intensification of investors in the market has played a pivotal role in the progress of the market. The reduction in the barrier to trade is expected to offer new areas for growth in the upcoming years. Also, the competition being observed in the market is not detrimental to the individual player’s development in the market. The monetary inflows in the market are being directed towards increasing the innovations in the core product offering offered in the market so that the growth doesn’t stagnate in the forthcoming period.
Aug 2019 ProLogium Technology, a solid-state battery company, has declared a partnership with NIO, a Chinese electric car manufacturer to together advance next-generation batteries for EVs. The partners have set a short term goal of making a prototype car with ProLogium solid-state battery pack called MAB (MultiAxis Bipolar Pack), which is assured to present energy density and high safety as well as great heat-dissipating capability.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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List of Tables
Table1 World Population by Major Regions (2017 To 2027)
Table2 Global Next Generation Batteries Market: By Region, 2017-2027
Table3 North America Next Generation Batteries Market: By Country, 2017-2027
Table4 Europe Next Generation Batteries Market: By Country, 2017-2027
Table5 Asia Pacific Next Generation Batteries Market: By Country, 2017-2027
List of Figures
Figure 1 Global Next Generation Batteries Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porters’ Five Forces Analysis of Global Next Generation Batteries Market
Figure 4 Value Chain of Global Next Generation Batteries Market
Figure 5 Share of Global Next Generation Batteries Market In 2017, By Country (In %)
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