Nanowire Batteries Market Growth , Opportunities and Forecast 2019-2026

Nanowires can be defined as structures that have a diameter of tens of nanometers or less. The surface area of one or both of the electrodes of a normal battery is increased through the use of nanowires; the battery is then called a nanowire battery. The conventional graphite anodes used in batteries are replaced with a combination of lithium-ion batteries.

The design includes stainless steel anodes covered with silicon nanowire. Germanium anodes can also be used to replace graphite anodes. Both designs enable faster charging and high current delivery. A disadvantage of using both these materials is the expansion which occurs during charging and disintegration after a limited number of cycles.

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Lithium is stored in small silicon nanowires which have a diameter 0.001 times smaller than the diameter of a sheet of paper. Nanowires have the ability to expand to four times their original size when charging and do not fracture. Nanowire batteries produce as much as 10 times more electricity than the current batteries.

As nanowire batteries are an emerging trend gaining traction in the electronics media, several researchers and universities are working towards making this technology more accessible to the public. Amprius is launching its products with the help of Stanford University to meet the changing needs of the customers.

Key Benefits:
• An in depth analysis of the current market scenario includes future market trends that would facilitate decision-making
• Identification of key application segments based on their potential and growth prospects would highlight profitable segments to capitalize on
• Emphasis is laid on key factors affecting the growth of nanowire batteries. These factors are critically analyzed to gain a futuristic view of the market
• SWOT and competitive analysis of the key players is conducted to help the stakeholders in understanding the strategies followed by them
• Quantitative analysis of the current market and estimations through 2014-2020 would help stakeholders to design business strategies in order to capitalize on prevailing opportunities in the market

Segmentation:
Market By End Users:
• Industrial Customers
• Household Customers

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Market By Geography:
• North America
• Europe
• Asia-Pacific
• LAMEA

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