Global Next Generation Advanced Batteries Strategic Business Report 2023: Growing Demand for Mobile Computing Devices Lends Traction to Growth


Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Next Generation Advanced Batteries: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Next Generation Advanced Batteries estimated at US$342.8 Million in the year 2022, is projected to reach a revised size of US$16.2 Billion by 2030, growing at a CAGR of 62% over the analysis period 2022-2030.

Lithium Sulfur, one of the segments analyzed in the report, is projected to record a 64.6% CAGR and reach US$6.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Magnesium Ion segment is readjusted to a revised 62.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $119.4 Million, While China is Forecast to Grow at 72.7% CAGR

The Next Generation Advanced Batteries market in the U.S. is estimated at US$119.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 72.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 51.5% and 58.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 57.8% CAGR.

Select Competitors (Total 62 Featured) -

  • 24M Technologies, Inc.
  • Amprius Technologies
  • Aqua Power System Japan
  • Arconic Corporation
  • Energizer Holdings, Inc.
  • EnZinc, Inc.
  • ESS, Inc.
  • Excellatron Solid State, LLC
  • e-Zinc
  • GS Yuasa Corporation
  • Ionomr Innovations Inc.
  • Iskra
  • Lockheed Martin Corporation
  • Mag One Products Inc.
  • Oxis Energy Ltd
  • Panasonic Corporation
  • Pathion Inc.
  • Pellion Technologies Inc.
  • Phinergy Marine
  • PolyPlus Battery Company Inc.
  • Renata SA
  • RiAlAiR Ltd.
  • Samsung SDI Co., Ltd.
  • Sion Power Corporation
  • Sonic Energy
  • ZAF Energy Systems, Inc.
  • Zinc8 Energy Solutions Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages225
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$342.8 Million
Forecasted Market Value (USD) by 2030$16200 Million
Compound Annual Growth Rate61.9%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Next Generation Advanced Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Global Next Generation Advanced Batteries to Witness Rapid Growth
  • Lithium Sulphur Batteries Demand to Accelerate
  • Consumer Electronics - The Largest End-user
  • North America - The Largest Region for Next Generation Advanced Batteries
  • Competitive Landscape
  • Recent Market Activity
  • Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Lithium Ion (Li-Ion) Battery Limitations to Present Opportunities for Next Generation Advanced Batteries
  • Opportunity Indicators: Applications of Lithium-Ion Batteries
  • World Lithium-Ion Battery Market (2019): Percentage Breakdown of Value Sales by Application
  • Growing Demand for Mobile Computing Devices Lends Traction to Market Growth
  • Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
  • Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
  • Tablet PCs
  • Worldwide Unit Shipments of Tablet PCs (in Millions) for the Years 2019, 2021 and 2023
  • Laptop PCs
  • Worldwide Unit Shipments of Laptops (in Millions) for the Years 2019, 2021 and 2023
  • Booming Digital World Spells Opportunities for Next Generation Advanced Batteries in Consumer Batteries
  • Increased Demand for Electric Vehicles Drive the Market for Advanced Next Generation Batteries
  • Global EV Sales (In Million Units) by Region for the Years 2019, 2025 & 2030
  • Next Generation Batteries for Electric Vehicles
  • Lithium-silicone and Solid-state Technology to Power EVs in Future
  • Solid-state Battery Research for EVs
  • Growing Demand for Renewable Energy Sources and Rising Awareness About Benefits of Clean Energy Drive the Demand for Next Generation Advanced Batteries
  • Global Energy Production: Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share by Energy Source (2030 & 2040)
  • Targets for Electricity Production from Renewable Energy Sources in Select Countries
  • Inevitable Rise in Energy Demand Post COVID-19 to Throw Spotlight on Renewable Energy & Energy Storage Technologies
  • Advanced Next Generation Batteries Gain Momentum in Wearable Devices
  • Global Wearable Device Shipments in Million Units for the Years 2017, 2019 and 2021
  • Expanding Internet User Base & Consumer Appetite for Digital Media: Key Traits of Modern Digital World
  • Global Internet User Penetration Rate (in %) for the Years 2014, 2016, 2018, 2020, 2022 and 2024
  • 'Smart Home' and Home Automation Instigate New Line of Opportunities
  • Future Trends in Battery Technology
  • NanoBolt Lithium Tungsten Batteries
  • Zinc-Manganese Oxide Batteries
  • Organosilicon Electrolyte Batteries
  • Gold Nanowire Gel Electrolyte Batteries
  • TankTwo String CellT Batteries
  • MACRO DRIVERS
  • Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
  • Rapid Growth in Urban Households
  • World Urban Population in Millions: 1950-2050
  • Percentage of Urban Population in Select Countries (2018 & 2050)
  • Growing Affluence of Middle Class Consumer Segment
  • Global Middle Class Spending (in US$ Trillion) by Geographic Region: 2017, 2025 & 2030
  • Rising Living Standards

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/sz18wh

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Global Market for Next Generation Advanced Batteries

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