Press release
Next Generation Batteries Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027
The market report study titled Global Next Generation Batteries Market published by Emergen Research offers in-depth and comprehensive research describing the scope of the market and market insights with an outlook to 2027. The report will include details about potential opportunities, new projects, financial situations, constructive business strategies, and an outlook on the industry forecast. The research report provides an extensive analysis of the global Next Generation Batteries market with a focus on key companies involved in the market and segmentation of the market based on application, types, and regions. Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with detailed diagrams, graphs, and figures, have been applied in this study.Major manufacturers of next generation batteries are investing significantly in development of high-power and safe battery technologies using 3-dimensional structures with high-density solid electrolytes and electrodes. The rising need to supply reliable power in compact wearable devices has also resulted in increasing production of advanced next generation batteries with high energy density capabilities. The rise in purchasing power of consumers in emerging economies has boosted demand for electric vehicles and electronic devices and gadgets, which is driving utilization of next generation batteries for increasing efficiency of electric vehicles.
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The report provides an in-depth analysis of the competitive landscape of the Next Generation Batteries market along with the business overviews, expansion strategies, collaborative ventures, gross profit margins, and revenue contribution. The report also studies their financial standing and global position. It also provides extensive coverage of the alliances occurring in the competitive landscape, such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate deals and government deals, agreements, and product launches and brand promotions.
Key Players Profiled in the Report are:
Sion Power Corporation, Panasonic Corporation, Hitachi, Ambri Inc., NantEnergy Corporation, Phinergy, LG Chemicals, Samsung, Mitsubishi Chemical and Amprius Inc.
Key Highlights of Report
• In August 2020, Panasonic announced investment of an additional USD 100 million in a battery producing factory in Nevada, US. This expansion is expected to drive battery supply to automaker, Tesla, for the production of its electric vehicles.
• The consumer electronics segment accounted for largest market share of 42.9% in 2019. Rising purchasing power of consumers in developing economies has resulted in increased demand for electronic devices, which is further driving demand for advanced next generation batteries in the consumer electronics sector.
• The lithium sulphur segment revenue is expected to expand at rapid CAGR of 8.2% during the forecast period. Lithium sulphur batteries are being increasingly adopted in the manufacture of automotive and consumer electronics products owing to longer life span, and being more environmentally sustainable to produce in comparison to lithium-ion batteries.
• North America accounted for largest revenue share contribution to the global next generation batteries market in 2019. Increasing adoption of electric vehicles and electronic gadgets continues to drive demand for more efficient and cost-effective next generation advanced batteries in countries in the region.
Market Segmentation:
Emergen Research has segmented the global next generation batteries market on the basis of end-use, type, and region:
• End-use Outlook (Revenue, USD Billion; 2020–2027)
o Transportation
o Energy Storage
o Consumer Electronics
o Industrial
o Others
• Type Outlook (Revenue, USD Billion; 2020–2027)
o Nickel cadmium
o Lithium ion
o Magnesium ion
o Lithium Sulphur
o Solid Electrodes
o Ultra-capacitors
o Metal air
o Nickel metal hydride
Regional segmentation of the report covers key regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The report also offers a country-wise analysis of the Next Generation Batteries market to offer a better understanding of the key features such as production and consumption pattern, supply and demand ratio, import/export, revenue contribution, market share and size, and presence of key players in the region.
Detailed Regional Analysis Covers:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key points covered in the report:
• The report provides the reader with a detailed study of the global Next Generation Batteries market, including essential data beneficial for business.
• The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
• A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
• It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Next Generation Batteries Market Segmentation & Impact Analysis
4.1. Next Generation Batteries Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for more efficient and cost effective batteries
4.2.2.2. Rise in the number of electric vehicles and electronic gadgets
4.2.3. Market restraints analysis
4.2.3.1. High cost of the next generation batteries
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/next-generation-batteries-market
Thank you for reading our report. Customization of the report is available according to the requirements of clients. Do get in touch with us to know more about the report. Our team will ensure the report is tailored according to your needs.
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Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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