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Global Next-Generation Batteries Market to Witness a Pronounce Growth During 2024– Top Key players like BrightVolt,Routejade,Ilika,Inc.
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Batteries are considered amongst the most remarkable man-made inventions in history and have been the focus of intense investigation by both scientists and engineers across the globe. Evolving from the primitive Voltaic Pile (the first electrical battery created in 1799), which used zinc and copper electrodes and brine-soaked paper as an electrolyte, a wide range of batteries are now available in the market. Amongst these, lithium-ion (Li-ion) batteries have long been considered a breakthrough in the battery landscape, resulting in revolutionary growth in the chargeable consumer electronics industry.
It is estimated that, at present, more than one billion rechargeable Li-ion cells are produced each year to cater to the demands of the portable electronics market alone. However, despite their successful market deployment, excellent energy density and cost-effectiveness, certain limitations, such as concerns related to the use of liquid electrolytes (risk of leakage and flammability), have also been associated with Li-ion batteries. A case-in-point being Samsung’s massive global recall of its Galaxy Note 7 series of mobile phones in September 2016, due to the safety issues associated with the Li-ion batteries used in them.
The global Next-Generation Batteries market was 13200 million US$ in 2017 and is expected to 20200 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
BrightVolt
Padre Electronics
Routejade
Ilika
Cymbet
ProLogium Technology
STMicroelectronics
Excellatron
Front Edge Technology
Blue Spark Technologies
Enfucell
Zinergy UK
Enevate
OXIS Energy
SolidEnergy Systems
Market Segment by Type, covers
Lithium Polymer Batteries
Solid-state Batteries
Thin Film Batteries
Printed Batteries
Market Segment by Applications, can be divided into
Electronics
Appliance
Automotive
Others
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Related Information:
North America Next-Generation Batteries Market Growth 2019-2024
United States Next-Generation Batteries Market Growth 2019-2024
Asia-Pacific Next-Generation Batteries Market Growth 2019-2024
Europe Next-Generation Batteries Market Growth 2019-2024
EMEA Next-Generation Batteries Market Growth 2019-2024
Global Next-Generation Batteries Market Growth 2019-2024
China Next-Generation Batteries Market Growth 2019-2024
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