Press release
Graphene Battery Market Trends by key players: Cabot Corporation, Group NanoXplore, Graphene 3D Lab, Graphenano, SiNode Systems, Graphene NonoChem, XG Sciences, Cambridge Nanosystems
Global Market Insights, Inc.
Based on technology, the graphene battery market is segmented into Lithium Ion, Lead Acid, Lithium Sulfur, and Supercapacitors. Supercapacitors are overtaking the market due to its superior charging abilities and greater shelf life. Moreover, mobile manufactures are also widely adopting the supercapacitors for increasing operating battery life, which in turn is fueling the supercapacitors graphene battery industry share.
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The growing trends of portable electronic devices and increasing electric vehicle demand will proliferate the graphene battery market growth in the coming years. According to Global Market Insights, Inc. “Graphene battery market size is estimated to witness a CAGR of 20% over the period of 2016-2024.” Graphene products are regarded as low emission versions and hence are being widely adopted to promote a green environment. Moreover, its advantages such as effectiveness in high temperatures, increased charge cycles, quick charging capacity, and extended charge holding capacity will enhance the graphene battery industry outlook over the coming years.
Stringent regulatory norms to curb emissions and carbon footprint have positively influenced the graphene battery industry share. Batteries constitutes of lead and cadmium which releases pollutants in the environment. In this regard, in 2008, the U.S. EPA established the National Emission Standard for Hazardous Air Pollutants (NESHAP) to regulate the emissions during the battery manufacturing process. Furthermore, implementation of these strict norms to limit automobile emissions will also boost hybrid and electric vehicles demand.
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Partial Chapter of the Table of Content
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
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The beneficial properties of graphene are making it a promising material for a multitude of applications. The versatile use of graphene batteries in Automotive, Aerospace & Defense, Healthcare, Electronics, and Industrial Robotics industries has generated significant growth opportunities in graphene battery market. Aerospace & defense applications are likely to observe considerable growth with increased defense expenditure in developed nations.
Below are the key insights in terms of technology, applications, and regions pertaining to the global graphene battery industry trends.
Graphene battery industry share from supercapacitors is anticipated to register a CAGR of 25% over the period of 2016-2024.
Lithium ion battery segment worth USD 9 million in 2015, is projected to witness a significant growth, owing to its increasing adoption in healthcare and automobiles industry.
UK is foreseen to witness a booming growth at over 20% over 2016-2024.
Graphene battery industry share in healthcare sector is estimated to exceed USD 25 million by 2024. The business growth is favored by increasing emphasis on portable medical devices.
Industrial robotics application will witness an annual growth rate of 10% over 2016-2024.
Japan graphene battery market size is predicted to grow at over 25% over the period of 2016-2024. The growth can be attributed to increasing adoption of electric vehicles for public transport.
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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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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