This report on Nanowire Battery market offers a detailed analysis of the trends along with the prospective growth of the same in the forecasted period. It evaluates the pricing, demand, growth, revenue, size and gross margin of the industry. For this study, the historical data has been collected from the years 2016 and 2017, taking the year 2018 as the base year and drawing a forecast for the years 2020 to 2027. The industry has seen a stable growth recently and its demand is projected to rise rapidly in the future.
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.
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Top competitors of the Nanowire Battery Market profiled in the report include:
Amprius, Sila Nanotechnologies Inc., OneD Material, Inc., Nexeon Ltd., NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI Co., and Enevate Corporation.
The research provides answers to the following key questions:
- What will be the growth rate of the Nanowire Battery market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Nanowire Battery market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Nanowire Battery market for the forecast period, 2018 to 2028?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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SCOPE OF THE REPORT
The study draws a forecast of the growth of the Nanowire Battery market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
Emergen Research has segmented the global nanowire battery market on the basis of application, raw material type, and region:
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)
In market segmentation by geographical regions, the report has analysed the following regions-
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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