Graphene Battery Market is estimated to reach USD 545 million in 2028, registering 28.5% CAGR during 2020-2028 | Size, Industry Share & Forecast
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/graphene-battery-market/
The factors driving the growth of Graphene Battery Market includes growing demand for graphene batteries in Automotive, consumer electronics and power sector, increasing investments on research and development for enhancing the lithium-ion graphene batteries. Moreover, the Government regulations to minimize carbon emissions and growing adoption of electric vehicles around the world, are supplementing the demand for graphene batteries in the international markets. As per the report published by Bloomberg, around 179,000 units of Electric Vehicles were sold, primarily in United States and Canada during the 3rd Quarter of 2021, nearly increasing by 63% and is anticipated to reach 690,000 units by the end of 2021, which will boost the growth of Graphene Battery Market in the approaching years.
However, the growth of Graphene Battery Market is hindered due to insufficient knowledge about graphene technology amongst the consumers.
The major players operating in the market includes Graphene 3D Lab, Inc., Nanotek Instruments, Inc., Hybrid Kinetic Group Ltd., Nanograf Technologies, Grupo Graphenano, Vorbeck Materials Corp, Huawei Technologies Co., Ltd., XGSciences, Global Graphene Group and SAMSUNG SDI CO., LTD. Among others.
End-Use Industry: Segment Analysis
According to Graphene Battery Market Analysis, the Automotive segment is projected to grow at a faster rate during the forecast period due to growing demand for sustainable fuels and rising environmental concerns about carbon footprints.
Type: Segment Analysis
As per Graphene Batteries Market Report, Lithium-ion graphene battery type is predicted to dominate the market during the forecast period attributed to growing automotive and portable electronics industries around the world. As per Statista, almost 23 million vehicles were produced in India during the financial year 2021 and India became the largest manufacturer of three-wheelers in the global markets.
Regional: Segment Analysis
Based on region, Asia-Pacific is projected to expand at a significant CAGR over the forecast period. The increasing production of Electric Vehicles, Government's focus on adopting environment friendly sustainable fuels, rising disposable income and rapid urbanization, are some of the important factors supporting the growth of Graphene Battery Market in Asia-Pacific.
Global Graphene Battery Market by Type
Lithium-ion graphene battery
Lithium-Sulphur graphene battery
Global Graphene Battery Market by End-Use Industry
Battery Electric Vehicles
Plug-In Hybrid Electric Vehicles
Global Graphene Battery Market by Region
Rest of APAC
United States of America
Rest of Europe
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland
GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.
This release was published on openPR.
Permanent link to this press release:
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 is estimated to reach USD 545 million in 2028, registering 28.5% CAGR during 2020-2028 | Size, Industry Share & Forecast here
News-ID: 2841707 • Views: 300
More Releases from Gmi Research
Virtual Sensor Market is Anticipated to Witness a Significant Annual Growth Rate …
The Virtual Sensor Market is expanding at a higher CAGR of 29.1% over the forecast period till 2029.For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-virtual-sensor-market/ The factors driving growth of the Virtual Sensor Market includes increasing deployment of virtual sensor solution across end-use industries such as manufacturing, automotive and transportation, rising demand for virtualization architecture in wireless sensor networks and improvements in the living standards. Moreover, increasing use of
Underfloor Heating Market is projected to reach USD 7.8 billion in 2029, increas …
Underfloor Heating Market size was valued at USD 4.5 billion in 2021 and is estimated to rise at a CAGR of 7.1% during the forecast period, reaching USD 7.8 billion in 2029 For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-underfloor-heating-market/ The factors driving growth of Underfloor Heating Market includes increasing number of green building projects, retrofitting of residential & small commercial spaces such as offices, retail stores and institutions, expansion of
UV Stabilizers Market Achieved USD 1,123 million in 2021 and is expected to reac …
UV Stabilizers Market reached USD 1,123 million in 2021 and is estimated to grow at a CAGR of 5.9% and projected to reach USD 1,776 million in 2029. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/uv-stabilizers-market-analysis-industry-research/ The factors driving the growth of UV Stabilizers Market includes increasing demand for wood coatings in the North American region, rising application of UV radiation for packaging food and beverages, pharmaceutical products and cosmetic
EV Charging Connector Market Touched USD 55 million in 2021 and to reach USD 187 …
EV Charging Connector Market size was valued USD 55 million in 2021, and is projected to reach USD 187 million in 2029 and expanding at a higher CAGR of 16.5% from 2022-2029. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/ev-charging-connector-market-analysis-industry-research/ The factors driving growth of the EV Charging Connector Market includes rising focus on reducing carbon emissions around the world, growing awareness about the benefits of EV connector, Government initiatives
More Releases for Graphene
Graphene Electronics Market 2021 Demand and Production analysis - Graphene Front …
The report titled “Graphene Electronics Market” report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts. The Graphene Electronics market was
Graphene Electronics Market 2020 Business scenario- Graphene Frontiers, Graphene …
The report presents an in-depth assessment of the Graphene Electronics Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Graphene Electronics investments from 2020 till 2026. Click the link to get a Sample Copy of the Report: https://www.marketinsightsreports.com/reports/10091496009/global-graphene-electronics-market-professional-survey-report-2019/inquiry?source=OpenPR&Mode=48 The report presents the market competitive landscape and a corresponding
Graphene Market 2019 Analysis By Haydale Graphene Indus, Applied Graphene Materi …
Graphene Market report provides a systematic synopsis on the study for market and how it is influencing the industry. It also helps to know the businesses with most-detailed market segmentation in the industry. The report has been structured by taking into account the market type, organization volume, accessibility on-premises, end-users' organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and
Graphene Market: Moving Towards Brighter Future| Haydale Graphene Indus, Applied …
The market information included in this Graphene Market report not only assists businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. The report merges comprehensive industry analysis with precise evaluations and forecasts which all together brings about absolute research solutions and maximum industry clarity for strategic decision making. This industry report deals with several markets internationally including Asia, North
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