Latest Study on Betavoltaic Device Market hints a True Blockbuster | Direct Kinetic Solutions, City Labs, BetaBatt

HTF MI introduce new research on Betavoltaic Device covering micro level of analysis by competitors and key business segments. The Betavoltaic Device explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing. Some of the Major Key players profiled in the study are City Labs, Inc., BetaBatt, Inc., Direct Kinetic Solutions, Widetronix, Qwnergy Corp.

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Summary
Betavoltaic devices offer better resistance as compared to lithium-ion batteries to environmental conditions, extreme vibration, and altitude. These devices are stable in a wide range of temperatures (from -60°C to 150°C). Furthermore, betavoltaic devices have long-operating life, ranging from 20 years to 100 years. This makes them ideal for defense, aerospace, and healthcare applications. These applications have prompted the U.S. Government to fund research and development of betavoltaic devices for numerous applications in healthcare, defense, and aerospace industries. A tritium-based betavoltaic power source enables low-power microelectronic and sensor applications where battery replacement is difficult, impossible, or life-threatening. The Model P100a developed by City Labs Inc., betavoltaic power source provides a source of continuous nanowatt power for twenty years or more in microelectronic platforms. In addition, The University of Missouri (MU) is pushing boundaries in betavoltaic electricity generation, and a U.S. startup unveils battery made from nuclear waste that could last up to 28,000 years.

Based on isotope type, the global betavoltaic device market is bifurcated into tritium, krypton, nickel, others. Among all, tritium category dominated the market in 2020 and is expected to maintain its market significance during the forecast period. Owning to low specific power tritium has long performance lifetime of nearly 20 years. Nickel is majorly present only in Russia, due to the presence of high gamma rays and low flux due to impurities present makes nickel unsuitable to be used in betavoltaic devices. However, with increasing investment in research and development the demand of nickel based betavoltaic devices is likely to increase within the forecast period.

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Based on end user, the segment is categorized as aerospace, electronics & communication, healthcare, defense and others (oil & gas, marine). Among all, healthcare sector captures a significant market share of betavoltaic devices owing to rising cases of cardiovascular disease and use of betavoltaic cell in manufacturing cardiac pacemakers. Further, without any surgical intervention, betavoltaic cells can act as a power source to implantable medical devices such as cardiac pacemakers and implantable cardiac defibrillators for more than 10 years. For instance, in 2018, nearly 42% of deaths were reported due to cardiovascular diseases in U.S.

For better understanding of the market, the report provides detail analysis for major region and country including North America (US, Canada, rest of North America); Europe (Germany, UK, France, Spain, rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific) and Rest of World. Currently North America captures prominent market share and is expected to maintain its dominance throughout the forecast period.

Some of the major companies operating in the global betavoltaic device market includes City Labs, Inc., BetaBatt, Inc., Direct Kinetic Solutions, Widetronix, Qwnergy Corp.

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1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Limitation
1.3. Stake Holders
1.4. Currency Used in Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Global Betavoltaic Device Market
2.1.1. Main Objective of the Betavoltaic Device Market
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL BETAVO

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