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Sodium Ion Battery Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

07-01-2021 12:56 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Reports

The global Sodium Ion Battery Market is expected to reach $1.01 billion in 2021 and is projected to grow at a CAGR of 19% during the forecast period 2021-2027. The growing preference for sodium ion batteries, mainly in the electrical and electronics industry, has played a significant role in the growth of the global sodium ion battery market. The abundance and accessibility of sodium metal in the earth's crust make sodium-ion batteries an ideal choice over expensive lithium-ion batteries. Due to the high availability of sodium, the cost of the cathode and electrolyte is reduced to about 50% of the total cost of the cell, which significantly lowers the overall battery price.

A full report of Sodium Ion Battery Market available at: https://www.orionmarketreports.com/aluminium-based-battery-market/11645/

Sodium Ion Battery Market – Segmentation

Based on the Product Type:

• Sodium-Sulfur Batteries
• Sodium-Salt Batteries (Zebra Batteries)
• Sodium-Oxygen (Sodium Air) Batteries

Based on Application:

• Consumer Electronic Devices
• Automobile & Transportation
• Power Backup
• Grid-Level Applications
• Industrial
• Aerospace & Defense
• Marine
• Others

Key Players

• NGK
• Zhejiang Lvming Energy (Durathon)
• Faradion Limited
• Aquion Energy
• HiNa Battery Technology

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Sodium Ion Battery Market.
• The market share of the Sodium Ion Battery Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Sodium Ion Battery Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Sodium Ion Battery Market.

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Sodium Ion Battery Market Report

• What was the Sodium Ion Battery Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Sodium Ion Battery Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Sodium Ion Battery Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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