The global nanowire battery market is expected to reach a market size of USD 352.9 million at a relatively rapid CAGR in 2027, according to latest analysis by Emergen Research. This projected high revenue growth rate can be attributed to increasing investment by major automotive manufacturers in research and development activities for production of more cost-effective and advanced nanowire batteries. The increasing need to enhance the working capacity of cell phones and laptops on a single charge has also resulted in rising adoption of nanowire batteries for application in the equipment and devices produced in the consumer electronics industry. Technological advancement of smart wearables, smartphones, and smart homes are also increasing the need for batteries with high energy density. The high energy density of nanowire batteries has also boosted adoption of nanowire batteries for the production of smartphones and smart wearables.
The report encompasses crucial aspects of the global Nanowire Battery industry vertical. The report is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.
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Key Highlights of ReportIn November 2020, Panasonic, which is the largest manufacturer of lithium-ion batteries in the world, signed an agreement with Equinor – a Nordic energy company – and Norsk Hydro – an engineering and industrial company. The collaboration is expected to support the development of a battery business in Northern Europe. North America accounted for the largest revenue share contribution to the global nanowire battery market in 2019. Increasing investment in research and development activities by automotive manufacturers for advancement and production of more cost-effective and efficient nanowire batteries is projected to drive growth of the nanowire batteries market in the region. Key players in the market include Amprius, Sila Nanotechnologies Inc., OneD Material, Inc., Nexeon Ltd., NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI Co., and Enevate Corporation.
The report offers an in-depth idea about the Nanowire Battery market through its detailed segmentation based on types, applications, and key regions of the industry. This offers a comprehensive overview of the Nanowire Battery market.Application Outlook (Revenue, USD Million; 2020–2027) Energy Storage Consumer Electronics Aviation Automotive Medical Devices Power Generation Others Raw Material Type Outlook (Revenue, USD Million; 2020–2027) Germanium Silicon Transition Metal oxides (manganese oxide, lead oxides anodes, heterostructure TMOs)
The report offers insights into the demands for the Nanowire Battery products in the global market, especially in the key geographical regions where the market has established its presence. These key regions include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For a comprehensive understanding of the market, the vertical is further segmented into product types offered by the market, application spectrum, and end-user industries, among others. It also offers information on the leading manufacturers and vendors in the key geographical regions of the industry.
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Key Questions Addressed:What is the estimated value of the global Nanowire Battery market by the end of the forecast period? What are the fundamental factors propelling the growth of the global Nanowire Battery market? Which are the leading regionsin the Nanowire Battery market with the highest market shares? Which regional segment is likely to record the highest CAGR during the forecast duration? What are their strengths and weaknesses of the leading companies in this market?
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
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. Nanowire Battery Market Segmentation & Impact Analysis
4.1. Nanowire Battery Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Growth in the consumer electronics industry
220.127.116.11. Rising demand for advanced and cost effective batteries
18.104.22.168. Increased investment by Automotive companies for advancement of batteries
4.2.3. Market restraints analysis
22.214.171.124. High cost of Nanowire Battery
126.96.36.199. 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
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