Despite the progress made to date by commercially available lithium ion (Li-ion), advanced lead-acid, flow, and molten salt batteries, the path toward the commercialization of new battery chemistries continues. The next-generation advanced battery chemistries at laboratory-scale research or pilot-scale production levels today include lithium sulfur (Li-S), lithium solid-state (Li-SS), next-generation flow, and metal-air. Their advent is occurring alongside an enormous growth in the world?s appetite for advanced energy storage devices. Increasingly, this will include electric vehicles, energy storage and consumer electronics.
Batteries are advancing on two fronts, reflecting in increased specific energy for longer runtimes and improved specific power for high-current load requirements. Improving one characteristic of a battery may not automatically strengthen the other and there is often a compromise.
According to this study, over the next five years the Next-Generation Advanced Batteries market will register a 85.0% CAGR in terms of revenue, the global market size will reach USD 1490 million by 2024, from USD 37 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Next-Generation Advanced Batteries business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Next-Generation Advanced Batteries market by product type, application, key manufacturers and key regions and countries.
This study considers the Next-Generation Advanced Batteries value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Lithium Sulfur
Magnesium Ion
Solid Electrodes
Metal-Air
Ultracapacitors
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transportation
Energy Storage
Consumer Electronic
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
OXIS Energy
PATHION
Sion Power
GS Yuasa
Nohm Technologies
PolyPlus
Lockheed Martin
Pellion Technologies
Seeo
Solid Power
Amprius
24M
Phinergy
Fluidic Energy
Maxwell
Ambri
ESS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Next-Generation Advanced Batteries consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Next-Generation Advanced Batteries market by identifying its various subsegments.
Focuses on the key global Next-Generation Advanced Batteries manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Next-Generation Advanced Batteries with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Next-Generation Advanced Batteries submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.