{"id":542552,"date":"2021-05-10T21:02:02","date_gmt":"2021-05-10T21:02:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=542552"},"modified":"2021-05-10T21:02:02","modified_gmt":"2021-05-10T21:02:02","slug":"graphene-in-batteries-supercapacitors-market-size-worth-usd-2682-million-at-cagr-of-215-by-2027-reports-and-data","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/graphene-in-batteries-supercapacitors-market-size-worth-usd-2682-million-at-cagr-of-215-by-2027-reports-and-data_542552.html","title":{"rendered":"Graphene in Batteries & Supercapacitors Market Size Worth USD 268.2 Million at CAGR of 21.5%, By 2027 | Reports and Data"},"content":{"rendered":"
\"Graphene<\/a><\/p>\n
\n
Graphene in Batteries & Supercapacitors Market<\/div>\n<\/div>\n<\/div>\n
Graphene in Batteries & Supercapacitors Market Size \u2013 USD 55.6 Million in 2019, Market Growth \u2013 at a CAGR of 21.5%, Market Trends \u2013Increasing investments in research and development<\/p>\n<\/div>\n

Increasing adoption of graphene batteries in consumer electronics products is a significant factor influencing growth of the market.<\/strong><\/p>\n

Market Size – USD 55.6 Million in 2019, Market Growth – at a CAGR of 21.5%, Market Trends –Growing demand for portable, long-lasting batteries in defense sector<\/strong><\/p>\n

The global Graphene In Batteries & Supercapacitors Market<\/a> is forecast to reach a market size of USD 268.2 Million by 2027, and register a significantly high revenue growth rate over the next seven years, according to the latest report by Reports and Data. Growing demand for graphene in batteries & supercapacitors can be attributed to increasing adoption of graphene batteries in consumer electronics products. Graphene-based batteries have higher energy density than graphite-based batteries, and better thermal management, faster charging time, and offer enhanced safety. Graphene-based batteries enable increased charge storage capacity in a smaller size, resulting  in rising use of increasingly more compact batteries being manufactured and used in the production of more lightweight consumer electronic products and slimmer smart devices<\/p>\n

The COVID-19 impact<\/strong><\/p>\n

The COVID-19 pandemic had a severe impact on graphene in batteries & supercapacitors market. Global shutdown of the automotive industry and movement restrictions have severely affected sales of electric vehicles. Also, mass layoffs have resulted in decreased consumer spending, and plummet in demand for consumer electronic products, especially those under the premium segment. All these factors have resulted in a decline in demand for energy-storage units as well as other related products.<\/p>\n

Key market players include Global Graphene Group, Graphenano Nanotechnologies, Samsung SDI, Nanograf Corporation, Graphene 3D Lab Inc., Nanotek Instruments Inc., Huawei Technologies Co. Ltd., XG Sciences, Vorbeck Materials Corporation, and Graphene Batteries AS.<\/strong><\/p>\n

Get a sample of the report @ <\/strong>https:\/\/www.reportsanddata.com\/sample-enquiry-form\/3756<\/a><\/p>\n

Further key findings in the report <\/strong><\/p>\n