Graphene Battery Market | Key players operating in the market includes Samsung SDI, Huawei Technologies Co. Ltd., Nanotech Energy, Nanotek Instruments Inc., Graphenea Group

The global Graphene Battery Market size is projected to grow from USD 168 million in 2024 to USD 609 million by 2030, at a CAGR of 23.9% from 2024 to 2030. The increasing demand for graphene batteries in consumer electronics and automotive industries is expected to drive the graphene battery market.

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The lithium-ion graphene battery segment is estimated to account for the largest share of the graphene battery market in 2021.

By type, the lithium-ion graphene battery segment is estimated to account for the largest share of the graphene battery industry in 2021. Graphene lithium-ion batteries has various properties such as lightweight, high voltage, and high energy density which makes it an ideal choice to be used in consumer electronics, automotive, industrial, power, and other end-use industries.

The automotive end-use industry segment is estimated to account for the largest share of the graphene battery market in 2021.

By end-use industry, the automotive segment is estimated to account for the largest share of the market in 2021. The need for high power and energy density has created a demand for reliable and safe batteries for industries such as automotive and consumer electronics, ultimately driving the growth of the graphene battery market. Graphene batteries are used in electric vehicles in the automotive industry. The automotive segment is forecasted to have the highest growth rate owing to the rise in the demand for electric vehicles.

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Asia Pacific is estimated to account for the largest share in the global graphene battery market in 2021

The Asia Pacific region is expected to account for the largest share of the market in 2021. China, Japan, and South Korea are key countries contributing to the increased demand for graphene batteries in this region. In China, Japan and South Korea, graphene batteries are used in consumer electronics and electric vehicles. Europe is estimated to have the second-largest share of the global graphene battery market in 2021.

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Samsung SDI (South Korea), Huawei Technologies Co., Ltd. (China), Log 9 Materials Scientific Private Limited (India), Cabot Corporation (US), Grabat Graphenano Energy (Spain), Nanotech Energy (US), Nanotek Instruments, Inc. (US), XG Sciences, Inc. (US), ZEN Graphene Solutions Ltd. (Canada), Graphene NanoChem (Malaysia), Global Graphene Group (US), Vorbeck Materials Corp. (US), Graphenea Group (Spain), Hybrid Kinetic Group Ltd. (Hong Kong) and Targray Group (Canada) are some of the leading players operating in the graphene battery market.

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