Press release
Graphene Battery Market Set for Rapid Expansion with High CAGR by 2024-2031 | Samsung SDI, Huawei Technologies Co., Ltd., China Carbon Graphite Group.
Graphene Battery Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Graphene Battery market from 2024 to 2031?
The Graphene Battery Market is estimated to reach at a CAGR of 23.9% during the forecast period (2024-2031).
What is Graphene Battery Market?
The graphene battery market focuses on the development and commercialization of batteries that utilize graphene, a single layer of carbon atoms arranged in a two-dimensional lattice, known for its exceptional electrical conductivity, thermal properties, and mechanical strength. Graphene batteries are gaining traction due to their potential to outperform conventional battery technologies, offering faster charging times, longer life cycles, and improved energy density. The market is driven by the increasing demand for advanced energy storage solutions in electric vehicles (EVs), consumer electronics, and renewable energy systems.
Growth Driver
Demand for Efficient Batteries from Numerous Industries
The increasing demand for efficient batteries across various industries is set to significantly boost the global graphene battery market. Traditional batteries, particularly those used in smartphones, have limitations, as they typically endure no more than 500 charge cycles and are often unable to safely handle high charging rates, such as 60 watts. These limitations lead to issues like overcharging and potential puncturing, which can compromise safety and longevity.
Key Players:
Profiles of some of the major players in the global Graphene Battery market, which include Samsung SDI, Huawei Technologies Co., Ltd., China Carbon Graphite Group, Cabot Corporation, Nanotek Energy, Inc., ZEN Graphene Solutions Ltd, Graphene NanoChem, Global Graphene Group, Hybrid Kinetic Group Ltd., others.
Industry Development:
In 2021, Nanotech Energy successfully closed its Series C funding round, securing $27.5 million. This funding is intended to enhance the production capabilities of its graphene batteries. The company also introduced a new line of non-flammable, environmentally friendly lithium batteries, which boast an impressive charging capability, allowing them to charge 18 times faster than conventional batteries.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Graphene Battery market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Type: Lithium-Ion, Lithium-Sulfur, Lithium-Metal, Metal-Air, Supercapacitor.
By Form: powder, Dispersion, Spin Coated Film.
By End User: Automotive, Electronics, Aerospace & Defense, Industrial Robotics, Others.
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Key Features
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➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
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➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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