Nanowire Battery Market 2021-2026: Amprius, Sila Nanotechnologies, OneD Material, Nexeon, NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI, Enevate, Targray and Others.
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The Nanowire Battery Market is estimated to grow from USD 53 Million in 2021 to USD 243 Million by 2026, at a CAGR of 35.7%. This report spread across 122 pages, profiling 10 companies and supported with 37 tables and 38 figures are now available in this research.
Top Companies Profiled in the Nanowire Battery Market:
o Amprius (US)
o Sila Nanotechnologies (US)
o OneD Material (US)
o Nexeon (UK)
o NEI Corporation (US)
o XG Sciences (US)
o LG Chem (South Korea)
o Panasonic (Japan)
o Samsung SDI (South Korea)
o Enevate (US)
o ACS Materials (US)
o Novarials Corporation (US)
o Boston Power (US)
o Lithium Werks (Netherlands)
o Targray (Canada)
"Silicon-based nanowire battery market to witness high growth potential during the forecast period"
Nanowire battery market for silicon is expected to grow at the highest CAGR during the forecast period. Silicon has emerged as the most promising anode material owing to its high charge retention capacity, low discharge capacity, and low cost. Silicon enables fast charging and lasts longer than lithium-ion batteries. Need for a longer battery lifetime and faster recharging time are the growing trends in the existing battery ecosystem.
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"Nanowire battery market in medical devices industry to grow at the highest CAGR during the forecast period"
The nanowire battery market in the medical devices industry is expected to grow at the highest CAGR during the forecast period. Nowadays, innovations are taking place in the healthcare industry. Advanced battery-operated medical devices, such as pacemakers and hearing aids, are being designed to improve the overall health and well-being of their users. However, these implantable devices use lithium-ion batteries as power sources, which present a considerable number of safety issues to the patients.
"North America to be the largest market for nanowire battery during the forecast period"
North America is expected to lead the nanowire battery market from 2021 to 2026. The high adoption rate of EVs in the US, increasing emphasis on power generation from renewable energy sources, and the presence of a favorable startup ecosystem are key factors driving the growth of the nanowire battery market in North America. In April 2019, Sila Nanotechnologies (US), a leading nanowire battery manufacturing startup, raised venture funding of USD 170 million.
Breakdown of primary participants' profile:
o By Company Type -Tier 1 =40%, Tier 2 =35%, and Tier 3 =25%
o By Designation - C Level =48%, Director Level =33%, and Manager Level =19%
o By Region- North America=35%, Europe =18%, APAC =40%, and RoW =7%
Competitive Landscape of Nanowire Battery Market:
2 Market Ranking Analysis for Nanowire Battery Manufacturers
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Strength of Product Portfolio
5 Business Strategy Excellence
6 Competitive Situations and Trends
6.1 Agreements, Partnerships, and Joint Ventures
6.2 Product Launches
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The global nanowire battery market is segmented into material type, industry, and geography. The market based on material type is segmented into silicon, germanium, transition metal oxides, and gold. The industries that are included in the study of the nanowire battery market include consumer electronics, automotive, aviation, energy, and medical devices.
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