openPR Logo
Press release

Graphene Battery Market to See Exponential Growth by 2022

03-26-2020 11:36 AM CET | Energy & Environment

Press release from: AMR

Graphene Battery Market to See Exponential Growth by 2022

The graphene battery market is driven by the benefits of quick charging capacity, increased charge cycles, effectiveness in high temperatures, and extended duration to hold charge. The rising number of prospective application areas for graphene batteries, coupled with their increasing adoption in automotive industry, is expected to boost the market growth. However, lack of awareness about the technological potential and high cost of graphene electrode material are the limitations that would restrict the market growth.

Graphene Battery Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $115 million by 2022, registering a CAGR of 38.4% during the period 2014-2022. The automotive industry is estimated to dominate the market throughout the analysis period. Geographically, Europe is expected to be the leading market in 2016, with a revenue contribution of around 38%.

Download Report Sample: https://www.alliedmarketresearch.com/request-sample/1689

Graphene is an excellent substrate for anchoring lithium battery anode and cathode materials to generate high energy & density, flexible, stretchable, quick charging, and long-lasting batteries. The lithium-ion batteries segment would account for over 70% of the overall market revenue in 2016, as these would be the most suited graphene-based batteries for electric vehicles, industrial robots, and portable electronics. In addition, lithium-sulphur batteries are projected to grow at a CAGR of 34.7% during the forecast period. The growth would be driven by the growing demand for lightweight and long-lasting batteries with reduced decay during charge cycles.

Among the various user industries, automotive industry is projected to maintain its lead throughout the analysis period, due to rise in sales of electric vehicles and new technology adoption for vehicles starter batteries. The booming electric vehicle market driven by strict emission standards, reduction in battery prices, government initiatives and increasing consumer awareness would significantly drive the graphene battery market. The projected increasing demand of graphene-based lithium-ion batteries for electric vehicles in the developed economies of North America and Europe as well developing countries such as China would boost the market growth.

Interested? Do Purchase Enquiry Now @ https://www.alliedmarketresearch.com/purchase-enquiry/1689

Presently, Europe dominates the market is terms of graphene production, as majority of graphene material suppliers are located in this region. Europe would account for majority of market revenue in 2016, and is expected to maintain its dominance till 2020. Asia-Pacific would surpass the European market by 2021 to emerge as the market leader. This would be attributable to rise in sales of electric vehicles, and growth of aerospace market, which includes UAVs, USV, and small satellites such as Cubesat and Nanosat in the region.

The fundamental properties of Graphene make it a promising material for a multitude of applications. Graphene has accumulated great interest for supercapacitors and batteries because of its very high surface area. Graphene market is small but fast growing and the key companies will be collaborating with other companies, mainly battery manufactures and integrators, to compete in the market, stated Bhawna Kohli, Manager Research at AMR. She further added that, Graphene finds its main application in automotive, electronics, aerospace & defense and industrial robotics. Graphene based batteries have a potential future as Graphene electrodes will find application in the progress of other battery chemistries. For example, an aluminum-ion battery was recently developed that can be fully charged in under one minute because of the ultrafast ion intercalation into 3D Graphene foams.

Browse this Report Preview @ https://www.alliedmarketresearch.com/graphene-battery-market

Asia-Pacific is projected to be the fastest growing region throughout the analysis period, with China being the dominant market. The growth of the market in the region would be fueled by factors such as increase in defense budget, rise in sales of electric vehicles, improvement in healthcare infrastructures, and growth in expenditures in emerging markets (such as India, Japan, and China) to adopt non-conventional sources of energy. Technological advancements for low cost and high-quality graphene electrode material in these nations offer lucrative opportunity for the graphene battery market growth.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Graphene Battery Market to See Exponential Growth by 2022 here

News-ID: 1985673 • Views: 197

More Releases from AMR

Factors Behind the Huge Revenue Expansion of 4G Equipment Market
4G technology is evolving rapidly and provides enhanced network connectivity. Despite this, connectivity is still a major issue in rural areas of many developing countries such as India, Philippines, Indonesia, and China. Thus, need for strong 4G internet connectivity and equipment provides an opportunity for the market growth in these countries. According to a recent report published by Allied Market Research, titled, "4G Equipment Market by Component and Technology: Global
3D Semiconductor Packaging Market is Witnessing a High-Paced Growth | Major Play …
The global 3D semiconductor packaging industry is witnessing a high-paced growth due to the need to control chip designing cost, which plays a major role in overall price of electronic devices, increase in demand for miniaturized circuits, and short replacement period of electronics products, which are primarily constituted of integrated circuits manufactured with 3D packaging technology. 3D Semiconductor Packaging Market Report, published by Allied Market Research, forecasts that the global market
Household Robots Market Size to See Huge Expansion in Near Future
Household robot is a service robot that assists human beings by performing an activity or a job. These robots are autonomous in nature and are operated by built in-control system. It performs the tasks with high degree of autonomy and can easily connect with the WI-FI networks and are used for various purposes such as education, therapy, and entertainment. The Household Robots Market is expected to witness stupendous growth in
Infrared Camera Market is Projected to Witness Significant Growth Powered by Hig …
The global infrared camera market is expected to witness considerable growth due to emergence of internet of things (IoT) in semiconductor manufacturing and fabrication process. The infrared camera industry is projected to witness significant growth, especially in the emerging economies such as Asia-Pacific and LAMEA, owing to the development of semiconductor industry in the regions. According to a recent report published by Allied Market Research, titled, "Infrared Camera Market by Technology

All 5 Releases


More Releases for Graphene

Global Graphene Electronics Market Insights 2018-2025 : Graphene Frontiers, Grap …
The worldwide "Graphene Electronics market" statistical surveying report is an inescapable research report that contacts the most imperative parts of the Graphene Electronics platform that is important to be gotten a handle on by an expert or even a layman. The research covers the current market size of the Global Graphene Electronics market and its growth rates based on 5 year history data along with company profile of key players/manufacturers
Global Graphene Composites Market to 2026| Haydale Graphene Industries, Graphene …
Albany, NY, 15th January : Recent research and the current scenario as well as future market potential of "Graphene Composites Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026" globally. Graphene Composites Market - Overview This report analyzes and forecasts the market for graphene composites at the global and regional level. The market has been forecast based on revenue (US$ Thousand) and volume (Kilo Grams) from 2018
Graphene Infused Packaging Market Segmented By Graphene Layer - Single, Multiple
Packaging is used everywhere, from wrapping fruits or vegetables to products like electronics. The standard plastic films protect the product from bacteria, water and, dust. However, moisture sensitive products cannot be protected only by a plastic film as this kind of packaging does not restrict water vapor from entering the device, this is where the Grapheme infused packaging comes into the picture. The research has shown that an organic photovoltaic
Graphene Market 2024 Global Key Players Applied Graphene Materials, XG Sciences, …
Rising demand for lighter, faster, and fuel-efficient aircrafts will also boost the Graphene Market development as the product-based composites are being increasingly used for manufacturing aircraft components. Fiber-reinforced laminates, electrically conductive composites & coatings, epoxy adhesives, advanced coatings, and electrical packaging are some product-based materials that are becoming popular in the aerospace industry. The number of large commercial aircrafts is expected to rise from 1,430 units in 2016 to more
Graphene Market 2024 Key Players Applied Graphene Materials, XG Sciences, Graphe …
Increasing product use in automotive & aerospace industries will boost the graphene market development throughout the forecast timeframe. The rising demand for light-weight and energy-efficient vehicles will fuel the industry in coming years as graphene can be used to manufacture fiber reinforced laminates that can act as a substitute for conventional automotive component materials. Request for a sample copy of this report @ www.gminsights.com/request-sample/detail/233 These laminates help to decrease the vehicle weight
Global Graphene Electronics Market Report 2018 by Manufacturers Graphene Frontie …
The latest industry research report on Deep Brain Stimulation System by MRC provides a thorough analysis of the global Deep Brain Stimulation System market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. For Free Sample Copy, click here: https://marketreportscenter.com/request-sample/576456 This report provides 360 Degree perspective of the Graphene Electronics industry with an all-inclusive discussion of definitions, classifications, and market players