Nanowire Battery Market Business Opportunities, Research Methodology, Insights Research
- elizabethsanchez28
- Sep 14, 2021
- 4 min read
The global nanowire battery market is expected to reach a market size of USD 352.9 million at a relatively rapid CAGR in 2027, according to latest analysis by Emergen Research. This projected high revenue growth rate can be attributed to increasing investment by major automotive manufacturers in research and development activities for production of more cost-effective and advanced nanowire batteries. The increasing need to enhance the working capacity of cell phones and laptops on a single charge has also resulted in rising adoption of nanowire batteries for application in the equipment and devices produced in the consumer electronics industry.
The impact of the COVID-19 pandemic has been observed across all the sectors in all the industries. The economic landscape has been dynamically altered owing to the crisis, and a change in the demands and trends has also been observed. The report studies the impact of COVID-19 on the market and analyses the key changes in the trends and growth patterns. It also provides an estimation of the current and future impact of COVID-19 on the overall growth of the industry.
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Key Highlights of Report
· In November 2020, Panasonic, which is the largest manufacturer of lithium-ion batteries in the world, signed an agreement with Equinor – a Nordic energy company – and Norsk Hydro – an engineering and industrial company. The collaboration is expected to support the development of a battery business in Northern Europe.
· North America accounted for the largest revenue share contribution to the global nanowire battery market in 2019. Increasing investment in research and development activities by automotive manufacturers for advancement and production of more cost-effective and efficient nanowire batteries is projected to drive growth of the nanowire batteries market in the region.
· Key players in the market include Amprius, Sila Nanotechnologies Inc., OneD Material, Inc., Nexeon Ltd., NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI Co., and Enevate Corporation.
Nanowire Battery Market Segmentation:
Emergen Research has segmented the global nanowire battery market on the basis of application, raw material type, and region:
· Application Outlook (Revenue, USD Million; 2020–2027)
o Energy Storage
o Consumer Electronics
o Aviation
o Automotive
o Medical Devices
o Power Generation
o Others
· Raw Material Type Outlook (Revenue, USD Million; 2020–2027)
o Germanium
o Silicon
o Transition Metal oxides (manganese oxide, lead oxides anodes, heterostructure TMOs)
Key Geographical Segments:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Global Nanowire Battery Market Report:
· Comprehensive analysis of the changing competitive landscape
· Assists in decision making processes for the businesses along with detailed strategic planning methodologies
· The report offers an 8-year forecast estimation and assessment of the Global Nanowire Battery Market
· Helps in understanding the key product segments and their estimated growth rate
· In-depth analysis of market drivers, restraints, trends, and opportunities
· Comprehensive regional analysis of the Global Nanowire Battery Market
· Extensive profiling of the key stakeholders of the business sphere
· Detailed analysis of the factors influencing the growth of the Global Nanowire Battery Market
Table of Content Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Nanowire Battery Market Segmentation & Impact Analysis 4.1. Nanowire Battery Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growth in the consumer electronics industry 4.2.2.2. Rising demand for advanced and cost effective batteries 4.2.2.3. Increased investment by Automotive companies for advancement of batteries 4.2.3. Market restraints analysis 4.2.3.1. High cost of Nanowire Battery 4.2.3.2. Present challenging economic conditions due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
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