Press release
Graphene Battery Market – Competitive Landscape & Product Benchmarking 2016-2024
Wide applications in automobile and healthcare industries will stimulate the lithium ion graphene battery market in the industrial segment. Superior charging abilities and greater shelf life will increase the demand for supercapacitor graphene batteries. Growing concern to reduce environmental impact coupled with the increasing penetration of electric and hybrid vehicles will positively impact the demand for graphene batteries in automotive applications. Electronic industry accounted for over 15% of global graphene battery market share in 2015. Emerging demand for portable medical devices from healthcare sector will fuel the industry growth. Increased defense expenditures and introduction of industrial robotics will raise the graphene battery demand for aerospace and defense applications."Global Graphene Battery Market is predicted to cross 25% CAGR to surpass USD 129 million by 2024. Growing demand for electric vehicles and portable electronic devices will propel the industry growth. Higher heat resistance and improved recharge frequency are some of factors responsible to encourage adoption of graphene in electric vehicles.
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Stringent government regulations with the focus to reduce carbon emissions will drive the graphene battery market. National Emission Standards for Hazardous Air Pollutants (NESHAP) introduced by the U.S. Environment Protection Agency regulates the battery manufacturing process subject to the use of lead in cadmium in batteries. Standardization restructures the industry demand and will stimulate the graphene battery market share.
Growing environment awareness along with increasing government subsidies led to the increased adoption of electric vehicles in the U.S. up to 70,000 in 2015. The U.S. accounted for over 76% of North America graphene battery market in 2015 subject to high quality at affordable price.
UK graphene battery Market for 2015 was valued over USD 2 million. Strict government regulations on the adoption of batteries with bio-hazardous content will propel the business growth.
Reduction of carbon footprints coupled with government subsidies will drive the graphene battery market in Norway. Over 20% of automobiles in Norway are electric or hybrid vehicles which will boost the demand for graphene batteries.
China graphene battery Market is predicted to reach over USD 11 million by 2024 subject to rise in the manufacturing capacity by 2,000 tons per year. Advancement in technology and strong government support to encourage electrical vehicle adoption will further propel the business growth. In 2017, China announced to deploy approx. five million electric vehicles by 2020. Japan was the first country involved in adoption of electric vehicles for public transport and will witness the growth over 25% subject to established distribution channels and increasing customer awareness.
Major participants in graphene battery market are Graphene 3D Lab, SiNode Systems, XG Sciences, Graphene Nanochem, Graphenano, Cabot and Group NanoXplore.
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Browse key industry insights spread across 145 pages with 123 market data tables & 11 figures & charts from the report, “Graphene Battery Market Size By Technology (Lithium Ion Battery, Lithium Sulphur Battery, Supercapacitors, Lead Acid Battery), By Application (Automotive, Electronics, Aerospace and Defence, Industrial Robotics, Healthcare), Industrial Analysis Report, Regional Outlook (U.S., Canada, Norway, France, Germany, UK, Australia, China, Japan, South Korea, UAE, Saudi Arabia, South Africa, Brazil, Argentina) Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents, please click on the link below:
https://www.gminsights.com/industry-analysis/graphene-battery-market
Glimpse of Table of Content (ToC)
Chapter 3 Graphene Battery Industry Insights
3.1 Industry segmentation
3.2 Industry size & growth forecast, 2014 – 2024
3.3 Graphene Battery industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & innovation landscape
3.5 Regulatory landscape
3.5.1 U.S.
3.5.2 China
3.5.3 Europe
3.5.4 Australia
3.6 Price trend analysis
3.6.1 Cost structure analysis
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing demand of electric vehicles
3.7.1.2 Growing adoption of portable electronic devices
3.7.1.3 Government regulations
3.7.1.4 Longer shelf life
3.7.2 Industry pitfalls & challenges
3.7.2.1 High manufacturing cost
3.8 Growth potential analysis
3.9 Porter’s analysis
3.10 Competitive landscape, 2015
3.10.1 Strategy dashboard
3.11 PESTEL analysis
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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