Global Next Generation Advanced Batteries Strategic Business Report 2023: Growing Demand for Mobile Computing Devices Lends Traction to Growth
Global Market for Next Generation Advanced Batteries
Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Next Generation Advanced Batteries: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Next Generation Advanced Batteries estimated at US$342.8 Million in the year 2022, is projected to reach a revised size of US$16.2 Billion by 2030, growing at a CAGR of 62% over the analysis period 2022-2030.
Lithium Sulfur, one of the segments analyzed in the report, is projected to record a 64.6% CAGR and reach US$6.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Magnesium Ion segment is readjusted to a revised 62.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $119.4 Million, While China is Forecast to Grow at 72.7% CAGR
The Next Generation Advanced Batteries market in the U.S. is estimated at US$119.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 72.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 51.5% and 58.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 57.8% CAGR.
Select Competitors (Total 62 Featured) -
24M Technologies, Inc.
Amprius Technologies
Aqua Power System Japan
Arconic Corporation
Energizer Holdings, Inc.
EnZinc, Inc.
ESS, Inc.
Excellatron Solid State, LLC
e-Zinc
GS Yuasa Corporation
Ionomr Innovations Inc.
Iskra
Lockheed Martin Corporation
Mag One Products Inc.
Oxis Energy Ltd
Panasonic Corporation
Pathion Inc.
Pellion Technologies Inc.
Phinergy Marine
PolyPlus Battery Company Inc.
Renata SA
RiAlAiR Ltd.
Samsung SDI Co., Ltd.
Sion Power Corporation
Sonic Energy
ZAF Energy Systems, Inc.
Zinc8 Energy Solutions Inc.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Attributes:
Report Attribute | Details |
No. of Pages | 225 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $342.8 Million |
Forecasted Market Value (USD) by 2030 | $16200 Million |
Compound Annual Growth Rate | 61.9% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Next Generation Advanced Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Global Next Generation Advanced Batteries to Witness Rapid Growth
Lithium Sulphur Batteries Demand to Accelerate
Consumer Electronics - The Largest End-user
North America - The Largest Region for Next Generation Advanced Batteries
Competitive Landscape
Recent Market Activity
Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Lithium Ion (Li-Ion) Battery Limitations to Present Opportunities for Next Generation Advanced Batteries
Opportunity Indicators: Applications of Lithium-Ion Batteries
World Lithium-Ion Battery Market (2019): Percentage Breakdown of Value Sales by Application
Growing Demand for Mobile Computing Devices Lends Traction to Market Growth
Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
Tablet PCs
Worldwide Unit Shipments of Tablet PCs (in Millions) for the Years 2019, 2021 and 2023
Laptop PCs
Worldwide Unit Shipments of Laptops (in Millions) for the Years 2019, 2021 and 2023
Booming Digital World Spells Opportunities for Next Generation Advanced Batteries in Consumer Batteries
Increased Demand for Electric Vehicles Drive the Market for Advanced Next Generation Batteries
Global EV Sales (In Million Units) by Region for the Years 2019, 2025 & 2030
Next Generation Batteries for Electric Vehicles
Lithium-silicone and Solid-state Technology to Power EVs in Future
Solid-state Battery Research for EVs
Growing Demand for Renewable Energy Sources and Rising Awareness About Benefits of Clean Energy Drive the Demand for Next Generation Advanced Batteries
Global Energy Production: Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share by Energy Source (2030 & 2040)
Targets for Electricity Production from Renewable Energy Sources in Select Countries
Inevitable Rise in Energy Demand Post COVID-19 to Throw Spotlight on Renewable Energy & Energy Storage Technologies
Advanced Next Generation Batteries Gain Momentum in Wearable Devices
Global Wearable Device Shipments in Million Units for the Years 2017, 2019 and 2021
Expanding Internet User Base & Consumer Appetite for Digital Media: Key Traits of Modern Digital World
Global Internet User Penetration Rate (in %) for the Years 2014, 2016, 2018, 2020, 2022 and 2024
'Smart Home' and Home Automation Instigate New Line of Opportunities
Future Trends in Battery Technology
NanoBolt Lithium Tungsten Batteries
Zinc-Manganese Oxide Batteries
Organosilicon Electrolyte Batteries
Gold Nanowire Gel Electrolyte Batteries
TankTwo String CellT Batteries
MACRO DRIVERS
Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
Rapid Growth in Urban Households
World Urban Population in Millions: 1950-2050
Percentage of Urban Population in Select Countries (2018 & 2050)
Growing Affluence of Middle Class Consumer Segment
Global Middle Class Spending (in US$ Trillion) by Geographic Region: 2017, 2025 & 2030
Rising Living Standards
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/sz18wh
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