Global Next Generation Advanced Batteries Strategic Business Report 2023: Growing Demand for Mobile Computing Devices Lends Traction to Growth

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Global Market for Next Generation Advanced Batteries

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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• Global Market for Next Generation Advanced Batteries

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