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Silicon Anode Battery Market | Coherent Market Insights

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Title: Silicon Anode Battery Market | Coherent Market Insights


1
Coherent Market Insights
  • Market Research And Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
SILICON ANODE BATTERY MARKET ANALYSIS
  • Silicon Anode Battery Market, By Application
    (Consumer Electronics (3G/4G Cell Phones,
    Laptops, Tablets, MP4 Players, Digital Cameras,
    Other Microelectronic Devices),Automotive
    (Plug-in Hybrid Electric Vehicles, Hybrid
    Electric Vehicles, Electric Vehicles, Electric
    Bicycles), Industrial, Grid and Renewable
    Energy), and By Region (North America, Latin
    America, Europe, Asia Pacific, Middle East
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2020 2027.
  • The global silicon anode battery market is
    projected to surpass US 1050.0 billion by the
    end of 2027, in terms of revenue, growing at CAGR
    of 21.5 during the forecast period (2020 to
    2027).

3
Drivers
  • Growth in the electronic industry is a major
    factor fueling the market growth of the silicon
    anode battery. Rising demand for microelectronic
    devices such as laptops, cell phones, and tablets
    is expected to have a positive impact on the
    market growth of the silicon anode battery.
    Growing demand for smartphones due to increasing
    penetration of the internet is further
    anticipated to augment the market growth of the
    silicon anode battery.

4
  • The growing use of silicon as an anode material
    in lithium-ion batteries due to its excellent
    capacity performance is projected to bolster the
    market growth. Also, growing environmental
    concern coupled with the rising demand for the
    high-performance batteries due to rising demand
    for high-end electronic applications are further
    expected to augment the market growth of the
    silicon anode battery over the forecast period
  • Regionally, Asia-pacific dominated the global
    silicon anode battery market in 2019,
    reporting 39 market share in terms of revenue,
    followed by North America and Europe,
    respectively.

5
Figure 1. Global Silicon Anode Battery Market,
Revenue Share (), By Region, 2019
6
Market Restraints
  • The poor life cycle of silicon materials is one
    of the major challenges for the market. This
    factor is expected to hinder the market growth of
    the silicon anode battery.
  • The high production cost of the silicon batteries
    is another major factor expected to inhibit the
    market growth of the silicon anode battery over
    the forecast period.

7
Market Opportunities
  • An increasing number of new gigafactory projects
    by manufacturers is expected to offer potential
    growth opportunities to the market of the silicon
    anode battery. For instance, in November 2019,
    Tesla founder and CEO Elon Musk pledged to build
    "Gigafactory 4" in the Berlin area. It is
    planning to build batteries, powertrains, and
    vehicles, starting with Model Y" a lower-priced
    sports utility vehicle at the factory.

8
  • Growth in the IT sector coupled with the
    increasing government focus on the developing
    high-performance operating system is expected to
    propel the market growth of the silicon anode
    battery. In addition to this, advancement in the
    technology in order to offer a high-performance
    battery and better energy storage system is
    further anticipated to augment the market growth
    of the silicon anode battery over the forecast
    timeframe.

9
Figure 2. Global Silicon Anode Battery Market
Opportunity Analysis
10
Market Trends
  • Growing demand for silicon anode battery from
    healthcare electronic devices is expected to fuel
    the market growth over the forecast period. The
    growth of the market is also attributed to the
    increasing production of various healthcare
    devices due to growth in the healthcare sector
    around the globe. Thus, growing demand for the
    product from healthcare devices is anticipated to
    augment the market growth.

11
  • The rising demand for silicon anode battery from
    the grid and renewable energy sector is expected
    to accelerate the market growth over the forecast
    period. The growth is also attributed to the
    developing infrastructure of the energy sector
    around the globe due to the growing demand for
    energy. Therefore, growth in the energy sector is
    expected to augment the market growth of the
    silicon anode battery.

12
Figure 3. Global Silicon Anode Battery Market,
Revenue Share (), By Application, in 2019
13
Global Silicon Anode Battery Market - Impact of
Coronavirus (Covid-19) Pandemic
  • The automobile industry is facing a major
    slowdown globally owing to the implementation of
    lockdown in various countries across the globe
    amidst the Covid-19 outbreak. This has led to
    hamper the demand of silicon anode batteries from
    automotive industry. The global car rental market
    is expected to grow at slower rate of around 10
    for a short term period. However the demand for
    silicon anode batteries is expected to regain
    traction by end of 2021 with production
    facilities functioning at stable rate.

14
Competitive Section
  • Key players are operating in the global silicon
    anode battery market are Nexeon Limited, Enevate
    Corporation, OneD Material, XG Sciences Inc.,
    Nanotek, Instruments, Inc., Zeptor Corporation,
    California Lithium Battery, Amprius, Inc., and
    Connexx Systems Corporation
  • Few Recent Developments
  • Enevate Corporation
  • In January 2020, Enevate announced its new 4th
    generation technology optimized for high volume
    commercialization and manufacturing at
    gigafactory scale. The new XFC-Energy technology
    achieves 5-minute charging to 75 capacity with
    800 Wh/L cell energy density.

15
  • REQUEST SAMPLE
  • DOWNLOAD PDF BROCHURE
  • REQUEST CUSTOMIZATION
  • TALK TO ANALYST
  • REFERENCE
  • https//www.coherentmarketinsights.com/market-insi
    ght/silicon-anode-battery-market-3900

16
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

17
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

18
Thank You!
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    the latest company updates.
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  • https//www.coherentmarketinsights.com/market-insi
    ght/silicon-anode-battery-market-3900
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