Dublin, Oct. 30, 2023 (GLOBE NEWSWIRE) -- The "Nanowire Batteries - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Quick Summary
In the rapidly evolving landscape of the energy storage industry, the global nanowire batteries market stands out as an area of significant growth potential. This thoroughly-researched report confidently projects that this market, valued at $128.9 million in 2022, is poised to exceed $1.1 billion by 2030. The exponential growth trajectory is fueled by advances in silicon and germanium segments, which showcase promising CAGRs of 34.8% and 29.6% respectively over the coming 8-year period.
A global perspective is vital in this market, and our report aims to provide just that. Key geographic markets such as the US, currently valued at $38.8 million, and China, forecast to reach $174.3 million by 2030, are comprehensively discussed. Additional valuable insights on markets in Japan, Canada, and Germany are included. The report also features in-depth analysis of 36 major competitors, providing an unparalleled understanding of the competitive landscape. Stay ahead of the curve with our market insights - informed decision-making has never been more critical.
Industry Analysis
The global Nanowire Batteries market is on the cusp of remarkable growth, with projections indicating that it will leap from an estimated $128.9 million in 2022 to a substantial $1.1 billion by 2030. This impressive expansion is anticipated to transpire at a Compound Annual Growth Rate (CAGR) of 30.3% during the analysis period from 2022 to 2030. Silicon, a pivotal segment within this market, is projected to take the lead with a remarkable CAGR of 34.8%, reaching $567 million by the end of the analysis period. Additionally, the Germanium segment, considering the ongoing post-pandemic recovery, is set to readjust its growth to a revised CAGR of 29.6% over the next 8 years.
Key Market Insights
- U.S. Market: In 2022, the Nanowire Batteries market in the U.S. was valued at an estimated $38.8 million, showcasing its significance in the global landscape.
- China: China, as the world's second-largest economy, is projected to attain a substantial market size of $174.3 million by 2030. This growth is underpinned by a notable CAGR of 28.8% from 2022 to 2030.
- Noteworthy Geographic Markets: Japan and Canada are expected to experience robust growth, with forecasted CAGRs of 28.1% and 25.7%, respectively, over the 2022-2030 period.
- Germany: Within Europe, Germany is projected to grow at an approximate CAGR of 19.4%, underscoring its position as a significant player in the Nanowire Batteries market.
Leading Competitors Fueling Market Innovation
The Nanowire Batteries market is rich with dynamic competitors who are actively shaping its future. Among the 36 featured competitors, some noteworthy players include:
- Ambri Inc.
- Amprius
- Boston Power Inc.
- EnerDel, Inc.
- Enevate
- Envia Systems Inc.
- Imprint energy Inc.
- LG Chem
- NEI Corporation
- Nexeon
- OneD Material
- Panasonic
- Pellion Technologies
- Prieto Battery Inc.
- Samsung SDI
- Sila Nanotechnologies Inc.
- XG Sciences
- Xilectric Inc.
Report Scope
The comprehensive report on the Nanowire Batteries market explores vital aspects, including market characteristics, size, forecasts, segmentations, regional and country breakdowns, competitive landscape, and trends and strategies. It offers insights into the market's growth drivers, economic influences, and its recovery from crises such as the COVID-19 pandemic.
As the Nanowire Batteries market propels towards a projected value of $1.1 billion by 2030, it remains a focal point for investors and industry stakeholders keen on emerging technologies and energy storage solutions.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 92 |
| Forecast Period | 2022-2030 |
| Estimated Market Value (USD) in 2022 | $128.9 Million |
| Forecasted Market Value (USD) by 2030 | $1.1 Billion |
| Compound Annual Growth Rate | 30.7% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Nanowire Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/lxvbw9
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