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Graphene Battery Market Analysis up to Segments and Key Trends 2027

10-16-2019 03:38 PM CET | Energy & Environment

Press release from: Transparency Market Research

Graphene Battery Market Analysis up to Segments and Key Trends

Graphene Battery Market: Introduction

Graphene is a sheet of carbon atoms tied up together in a honeycomb pattern. Graphene sheet is extensively used, as it is a good conductor of electrical and thermal energy.
Research and development activities are being carried out extensively to develop advanced batteries. Graphene batteries are emerging as prominent substitute to traditional batteries. The cathode used in traditional batteries is composed of a solid-state material, while cathode used in graphene batteries is made of graphene and hybrid material, which contains solid-state metallic. This makes graphene batteries durable, lightweight, and ideal for applications that require high-energy storage and shorter charging time.
Companies across the globe are now investing in advancement of graphene batteries due to their tremendous potential to be employed in various industries

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Key Drivers and Restraints of Global Graphene Battery Market

Rapid industrialization and expansion of manufacturing industries across the globe is estimated to drive the global graphene battery market. Graphene batteries offer benefits such as quick charging, increased charge cycles, and high temperature tolerance, which enhances the application areas of graphene batteries.

Growth of aerospace, defense, healthcare, energy, and electronics sectors across the globe is anticipated to boost the global graphene battery market. Graphene is chemically inert, lightweight, flexible, and eco-friendly. These properties are expected to fuel its adoption in various industries, thereby propelling the global graphene battery market growth during the forecast period.

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Increase in environmental awareness is also likely to drive the global graphene battery market during the forecast period. There has been a rise in demand for battery-operated vehicles is the past few years. This trend is projected to continue during the forecast period.

High cost of graphene electrode material is a major restraining factor for the growth of the global graphene battery market

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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