PUNE, India, Jan. 23, 2020 /PRNewswire/ -- The Global Graphene Battery Market size is projected to grow from US$ 168 Million in 2024 to US$ 609 Million by 2030, at a CAGR of 23.9% from 2024 to 2030.The increasing demand for graphene batteries in consumer electronics and automotive industries is expected to drive the graphene battery industry.
Browse 36 Market Data Tables and 34 Figures spread through 96 Pages and in-depth TOC on "Graphene Battery Market Research Report" https://www.reportsnreports.com/reports/2852213-graphene-battery-market-by-type-lithium-ion-graphene-battery-lithium-sulfur-graphene-battery-graphene-supercapacitor-end-use-industry-consumer-electronics-automotive-industrial-power-region-global-forec-st-to-2030.html
Top Companies profiled in the Graphene Battery Market:
- Samsung SDI (South Korea)
- Huawei Technologies Co. Ltd. (China)
- Log 9 Materials Scientific Private Limited (India)
- Cabot Corporation (US)
- Grabat Graphenano Energy (Spain)
- Nanotech Energy (US)
- Nanotek Instruments Inc. (US)
- XG Sciences Inc. (US)
- ZEN Graphene Solutions Ltd. (Canada)
- Graphene NanoChem (Malaysia)
- Global Graphene Group (US)
- Vorbeck Materials Corp. (US)
- Graphenea Group (Spain)
- Hybrid Kinetic Group Ltd. (Hong Kong)
- Targray Group (Canada)
"The lithium-ion graphene battery type segment is projected to grow at the highest CAGR during the forecast period."
Based on type, the lithium-ion graphene battery segment is projected to grow at the highest CAGR during the forecast period. The demand for graphene lithium-ion batteries is expected to increase from various end-use industries, such as consumer electronics, automotive, industrial, and power, among others due, due to their lightweight, durability and suitability for high capacity energy storage, as well as short charging cycles.
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"The automotive end-use industry segment is projected to grow at the highest CAGR during the forecast period."
Based on the end-use industry, the battery-grade segment is projected to grow at the highest CAGR during the forecast period. The need for high power and energy density has created a demand for reliable and safe batteries for industries such as automotive and consumer electronics, ultimately driving the growth of the graphene battery market. The automotive segment is forecasted to show the highest growth rate owing to the rise in the demand for electric vehicles due to environmental concerns and awareness about clean and sustainable fuel.
"Asia Pacific is projected to grow the highest CAGR in the graphene battery market during the forecast period."
Asia Pacific is projected to grow at the highest CAGR in the graphene battery industry from 2024 to 2030. The growing economies of the countries such as China, Japan, Thailand, Taiwan, Malaysia, among others, coupled with the expansion and development of the manufacturing sector is expected to play a vital role in driving the demand for various products including batteries.
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Breakdown of primary participants' profile:
- By Company Type: Tier 1 – 45%, Tier 2 – 22%, and Tier 3 – 33%
- By Designation: C-level Executives– 50%, Directors– 10%, and Others–40%
- By Region: North America – 33%, Europe – 22%,Asia Pacific – 38%, South America – 5%, Middle East & Africa- 2%
Another research titled "Lithium-ion Battery Recycling Market by Chemistry (Lithium-nickel Manganese Cobalt, Lithium-iron Phosphate, Lithium-Manganese Oxide, LTO, NCA, LCO), Industry (Automotive, Marine, Industrial, Power), and Region - Global Forecast to 2030, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period. Companies such as Major players in the Lithium-ion Battery Recycling Market are Umicore (Belgium), Glencore (Switzerland), Retriev Technologies (US), Raw Materials Company (Canada), American Zinc Recycling (INMETCO) (US), and Battery Recycling Made Easy (US) have been profiled in this 147 pages research report available at https://www.reportsnreports.com/purchase.aspx?name=1256808
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