Silicon Anode Battery Market Global Size
A detailed analysis has been provided for every segment in terms of market size analysis for the Global Silicon Anode Battery Market. In order to offer an accurate forecast
A detailed analysis has been provided for every segment in terms of market size analysis for the Global Silicon Anode Battery Market. In order to offer an accurate forecast
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<strong>Global</strong> <strong>Market</strong> Study on <strong>Silicon</strong> <strong>Anode</strong> <strong>Battery</strong>:<br />
Consumer Electronics Application Segment<br />
Anticipated to Remain Dominant Through 2024
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
<strong>Global</strong> <strong>Silicon</strong> <strong>Anode</strong> <strong>Battery</strong> <strong>Market</strong> Estimated to Be Valued At<br />
US$ 101.9 Mn by the End of 2016, Characterized by Increased<br />
Growth in Manufacturing of Electric Vehicles<br />
Persistence <strong>Market</strong> Research delivers key insights on the silicon anode battery market in its<br />
latest report titled “<strong>Silicon</strong> <strong>Anode</strong> <strong>Battery</strong> <strong>Market</strong>: <strong>Global</strong> Industry Analysis and Forecast, 2016–<br />
2024”.<br />
The global silicon anode battery market is estimated to be valued at US$ 101.9 Mn by the<br />
end of 2016 and is expected to be valued at US$ 484.9 Mn by the end of 2024, registering a<br />
CAGR of 21.5% over the forecast period. North America is estimated to account for a market<br />
value share of 35.4% in the global silicon anode battery market by 2016 end, and is anticipated<br />
to remain dominant throughout the forecast period.<br />
Environmental regulations pertaining to CO 2 emissions are expected to boost the use of<br />
alternative modes of transport in the transportation sector. Thus, electric vehicles are a good<br />
alternative for the reduction of CO 2 emissions. Government promotion for adoption of electric<br />
vehicles and incentives regarding low emission of CO 2 is expected to increase electric vehicles<br />
sales over the forecast period. Therefore, demand of next generation batteries such as silicon<br />
anode is expected to increase over the forecast period. Moreover, high performance of silicon as<br />
an anode material is expected to increase its consumption in smartphone batteries over the<br />
forecast period.<br />
However, silicon has a property of soaking large amount of lithium-ions. Therefore, volume of<br />
silicon anode increases when lithium ions bind with silicon. Hence, repeated expansion and<br />
contraction of silicon anode while charging and discharging decreases the performance of<br />
battery. This in turn, is expected to be a major challenge to the growth of the global silicon anode<br />
battery market.<br />
Download Sample Report @ http://www.persistencemarketresearch.com/samples/11011<br />
On the basis of application, the global silicon anode battery market is segmented into consumer<br />
electronics, automotive, industrial and grid & renewable energy. Consumer electronics segment<br />
is further sub-segmented into 3G/4G cellphones, laptops, tablets, MP4, digital cameras, and<br />
other electronic devices.<br />
<strong>Global</strong> <strong>Silicon</strong> <strong>Anode</strong> <strong>Battery</strong> <strong>Market</strong> 2016-2024
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Consumer electronics segment dominated the global silicon anode battery market and<br />
accounted for 43.7% value share and is estimated to remain dominant throughout the forecast<br />
period. This segment is projected to grow 5.1X over the forecast period. Increasing demand for<br />
high performance of batteries in smartphones is expected to witness a significant growth of the<br />
3G/4G cellphones sub-segment in consumer electronics segment over the forecast period.<br />
Therefore, this sub-segment accounted for a major value share and is estimated to remain<br />
dominant throughout the forecast period. Moreover, automotive segment is sub-segmented into<br />
plug in HEV, HEVs, EVs and electric bicycles. EVs sub-segment in automotive segment is<br />
expected to witness significant growth and projected to grow 5.3X over the forecast period.<br />
Download Report Table of Content, Figures, and Tables @<br />
http://www.persistencemarketresearch.com/market-research/silicon-anode-batterymarket/toc<br />
On the basis of key regions, the global silicon anode battery market has been segmented into<br />
North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America<br />
dominated the market with over 35% of the overall silicon anode battery market share in 2015.<br />
This is mainly attributed to product innovation in silicon using nano-technology. Asia Pacific<br />
market accounted for over 30% of the overall silicon anode battery market share in 2015. This is<br />
mainly attributed to major manufacturing companies of consumer electronics in countries such<br />
as China, Japan, and South Korea among others. This in turn, is expected to increase the<br />
demand for silicon anode batteries over the forecast period. Moreover, increasing adoption of<br />
electric vehicles in Europe is estimated to be one of the major reason for the sales of the silicon<br />
anode batteries and this region is anticipated to witness a significant CAGR of 22.0% over the<br />
forecast period.<br />
Some of the key players identified in the global silicon anode battery market are Amprius Inc.,<br />
Nexeon Limited, Enevate Corporation, XG Sciences Inc., CONNEXX SYSTEM Corporation and<br />
OneD Material among others.<br />
Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/silicon-anode-battery-market.asp<br />
<strong>Global</strong> <strong>Silicon</strong> <strong>Anode</strong> <strong>Battery</strong> <strong>Market</strong> 2016-2024
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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<strong>Global</strong> <strong>Silicon</strong> <strong>Anode</strong> <strong>Battery</strong> <strong>Market</strong> 2016-2024
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