openPR Logo
Press release

Sodium Ion Battery Market Size is Expected to Reach USD 974.1 Million By 2033 | CAGR: 11.31%

12-23-2024 12:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Sodium Ion Battery Market

Sodium Ion Battery Market

IMARC Group's report titledย "๐’๐จ๐๐ข๐ฎ๐ฆ ๐ˆ๐จ๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž (๐’๐จ๐๐ข๐ฎ๐ฆ-๐’๐ฎ๐ฅ๐ฉ๐ก๐ฎ๐ซ ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ, ๐’๐จ๐๐ข๐ฎ๐ฆ-๐’๐š๐ฅ๐ญ ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ, ๐’๐จ๐๐ข๐ฎ๐ฆ-๐€๐ข๐ซ ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ), ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง (๐’๐ญ๐š๐ญ๐ข๐จ๐ง๐š๐ซ๐ฒ ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐’๐ญ๐จ๐ซ๐š๐ ๐ž, ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐š๐ญ๐ข๐จ๐ง), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘".ย Theย global sodium ion battery market sizeย reached USD 368.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 974.1 Million by 2033, exhibiting a growth rate (CAGR) of 11.31% during 2025-2033.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/sodium-ion-battery-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐’๐จ๐๐ข๐ฎ๐ฆ ๐ˆ๐จ๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ—ย ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‘๐ž๐ง๐ž๐ฐ๐š๐›๐ฅ๐ž ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž:

There is an increasing demand in renewable energy kind of energy. which has this objective of cutting down the demands for fossil fuels in the long run. They are prompted by the drive to reduce carbon emissions and combated climate change. Energy storage is now vital In the current world, energy storage systems are now inevitable. They have to arb power derived from renewable resources such as the sun and wind. Sodium ion batteries was found as one solution among them. They are cheap and have a conservation implication hence can be regarded as an environmentally friendly innovation. This only means that they are perfect for large storage solutions. About that, it is obvious that their scalability fits at the grid-level necessary. They also help to balance the intermittent nature in renewable energy sources Building renewable energy capacity therefore increases reliability.

โ—ย ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐š๐ญ๐ข๐จ๐ง:

Today the automotive industry is going towards electric vehicles (EVs), which indicate the need for advanced, cheap batteries. Sodium-ion batteries are becoming one of the most promising answers. Safety, good energy, and good access to the materials are the benefits that they provide. This adoption has the following implications to car manufacturers and suppliers. Also, the government drive towards reducing toxic car emissions has boosted the market expansion.

โ—ย ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

There is a noteworthy level of technology improvement in sodium-ion battery market. Industry players and researchers, further, pay attention to energy density, cycle life, and safety. These improvements are particularly paramount to support rivalry against lithium-ion batteries. To this end, enhancements on materials and electrodes are enhancing the sodium-ion batteries. This makes them more efficient and affordable therefore their application is increased in various fields.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=5814&method=502

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐จ๐๐ข๐ฎ๐ฆ ๐ˆ๐จ๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ—ย Altris AB
โ—ย AMTE Power plc
โ—ย Aquion Energy
โ—ย Faradion Limited
โ—ย HiNa Battery Technology Co. Ltd.
โ—ย Natron Energy Inc.
โ—ย NEI Corporation
โ—ย NGK Insulators Ltd.
โ—ย Tiamat Energy

๐’๐จ๐๐ข๐ฎ๐ฆ ๐ˆ๐จ๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ—ย Sodium-Sulphur Battery
โ—ย Sodium-Salt Battery
โ—ย Sodium-Air Battery

Sodium-sulfur battery is the most prevalent method due to its high energy density, which means they can store a large amount of energy in a relatively small and lightweight package.

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

โ—ย Stationary Energy Storage
โ—ย Transportation

Stationary energy storage accounted for the largest market share as it plays a crucial role in modern energy infrastructure by helping to balance supply and demand, improve grid stability, and integrate renewable energy sources.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ—ย North America (United States, Canada)
โ—ย Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ—ย Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ—ย Latin America (Brazil, Mexico, Others)
โ—ย Middle East and Africa

Europe's dominance in the sodium ion battery market is attributed to substantial investment in research and development (R&D), leading to improvements in the functionality of sodium ion batteries.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=5814&flag=C

๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐จ๐๐ข๐ฎ๐ฆ ๐ˆ๐จ๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Sodium resources are widely available, reducing geopolitical risks in battery production. This makes sodium-ion batteries attractive to countries wishing to manufacture batteries domestically. Additionally, many countries are now offering incentives, subsidies, and mandates to promote energy storage technologies, including sodium-ion batteries.

In addition, growing environmental awareness and concern over global warming and climate change are positively influencing the market. Collaboration between manufacturers, researchers, and policymakers aims to maximize the potential of sodium-ion batteries, paving the way for clean, green energy.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email:ย sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Sodium Ion Battery Market Size is Expected to Reach USD 974.1 Million By 2033 | CAGR: 11.31% here

News-ID: 3795636 • Views: โ€ฆ

More Releases from IMARC Group

Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as wellโ€ฆ
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, and Financial Outlook
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an โ€ฆ
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materialsโ€ฆ
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as wellโ€ฆ
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 2025-2033
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The Indonesia coal market size reachedโ€ฆ

All 5 Releases


More Releases for Sodium

Global Sodium Sulbactam And Sodium Ampicillin API Market Size by Application, Ty โ€ฆ
According to Market Research Intellect, the global Sodium Sulbactam And Sodium Ampicillin API market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The market for sodium sulbactam and sodium ampicillin API is steadily expanding because toโ€ฆ
Global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous Market Size by App โ€ฆ
๐”๐’๐€, ๐๐ž๐ฐ ๐‰๐ž๐ซ๐ฌ๐ž๐ฒ- According to Market Research Intellect, the global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The sodium acetate trihydrate and sodium acetate anhydrous market is experiencing steady growth, driven by their wide-ranging applications in industriesโ€ฆ
Sodium Percarbonate Market Report 2024 - Sodium Percarbonate Market Trends And D โ€ฆ
"The Business Research Company recently released a comprehensive report on the Global Sodium Percarbonate Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sampleโ€ฆ
Sodium Formate Market
Introduction Sodium formate, a chemical compound with the formula HCOONa, plays a significant role in various industries. It is a white, water-soluble solid that is primarily used in leather tanning, de-icing, and as a buffering agent in various chemical processes. The versatility of sodium formate has made it an essential component in many industrial applications. Over the years, its demand has grown steadily, driven by its effectiveness and cost-efficiency. This postโ€ฆ
Sodium Diacetate (Sodium Hydrogen Diacetate) Market to see Rapid Growth by 2029|
-The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Sodium Diacetate (Sodium Hydrogen Diacetate) market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Sodium Diacetate (Sodium Hydrogen Diacetate) Market. We have provided deep analysis of theโ€ฆ
Global Sodium Metasilicate Pentahydrate Market, Global Sodium Metasilicate Penta โ€ฆ
The Sodium Metasilicate Pentahydrate market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Sodium Metasilicate Pentahydrate Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Sodium Metasilicate Pentahydrate market. The report focuses on well-known providersโ€ฆ