According to Stratistics MRC, the Global Nanowire Battery Market is accounted for $33.30 million in 2020 and is expected to reach $219.74 million by 2028 growing at a CAGR of 26.6% during the forecast period. Rapid growth in the consumer electronics industry and increasing demand for batteries with high charge retention capacity are the major factors propelling the market growth. However, presence of substitute battery technologies and operational obligations such as conducting pilot & safety tests are hampering the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing demand for smartphones and wearable devices in China, Japan, and South Korea. China’s push for clean energy coupled with a fast-growing electric vehicle market is expected to create substantial growth opportunities for the nanowire battery market. The high potential within the Asia Pacific region for future opportunities caused to the fast industrialization and urbanization mainly in countries like India, Japan, and China is that the primary reason for its booming market values within the global nanowire battery market.
Some of the key players profiled in the Nanowire Battery Market include Ambri Inc., Amprius, Sila Nanotechnologies, Oned Material, Nexeon, NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI Co, Enevate Corporation, and Imprint energy Inc.
Products Covered:
• Metallic
• Semiconducting
• Insulating
• Molecular
Raw Materials Covered:
• Silicon
• Germanium
• Gold
• Transition Metal Oxides
Components Covered:
• Common Cathode Materials
• Common Anode Materials
• Electrolytes
• Separators
End Users Covered:
• Consumer Electronics
• Automotive
• Aviation (Drones)
• Energy
• Medical Devices (Implantable Devices)
• Power Storage
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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