A report on the Global Lithium Silicon Battery Market has been published by Contrive Datum Insights. The report provides clients with the latest trending insights into the Lithium Silicon Battery market. It can be seen that the report includes market value and growth rate, size, production consumption and gross margin, pricing and other influencing factors. Along with this, in the report, you will get detailed information about every distributor, supplier, and retailer in the market. The competitive scenarios of all industry players are mentioned in detail in the report. The pandemic has caused market participants to strategically change their business plans.
The global lithium silicon battery market size is estimated to grow from USD 10 Million in 2022 to USD 247 Million by 2030, at a CAGR of 48.4% from 2022 to 2030.
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The need for power increased as the populace increased and living standards rose. Numerous pure and renewable energy sources are sporadic, and there’s a chance that supply won’t keep up with demand. So that the energy can be saved for use at a later time, a storing device is required. Batteries are used in some equipment’s backup power devices and portable power supplies.
The use of handheld electronics, electronic devices, and automobiles has been transformed over the past 20 years by the development of lithium-ion batteries (LIBs). LIBs have the potential to significantly influence how comfortable people are. Although LIB has a lot of promise, it cannot currently satisfy demands.
One of the potential anode elements for next-generation LIBs is silicon. The energy capacity of silicon-based anodes is more than ten times higher than that of graphite-based anodes. Compared to traditional graphite anodes, which have a capacity of about 372 mAhg-1, silicon has a capacity of about 4200 mAhg-1 for Li4.4Si, a low working potential, is abundant, and is environmentally friendly. The complete commercialization of silicon-based anodes has not yet occurred.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Huawei Consumer Business Group, Sony, Targray, XNRGI, Sila Nanotechnologies, ENOVIX Corporation, Enevate Corporation, Global Graphene Group, EoCell, Inc., NEXEON LTD., Albemarle Corporation, Paraclete Energy, 3M, VARTA Microbattery. Geographically, this market has been segmented into regions such as North America, Latin America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
The lithium silicon battery industry is anticipated to be dominated by North America and Europe. The promotion of research and development efforts costs North America and Europe a lot of money. In university labs and research facilities in Europe and North America, the next innovation in lithium-silicon batteries will be produced. Next-generation cutting-edge technologies like lithium silicon batteries are receiving focus from countries such as China, Australia, and Japan. Lithium silicon batteries are currently being developed by a number of lithium ion battery (LIB) makers. In order to produce silicon anodes that are economically viable, a number of venture capitalists are funding startups.
Lithium Silicon Battery Market Segmentation:
By Type:
Below 1500 mAH
Between 1500-2500 mAH
Above 2500 mAH
Other
By Material:
Micronized silicon-carbon powder
SILA Silicon Anode material
Porous silicon anodes
Nano-Porous Silicon
SiFAB
Other
By Application:
Consumer Electronics
Automotive
Industrial
Grid & Renewable Energy
Other
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Related Sources:
Lithium Silicon Battery- https://www.digitaljournal.com/pr/lithium-silicon-battery-market-growth-analysis-report-2022-to-2030-cagr-48-4
Lithium Silicon Battery- https://www.newstrail.com/lithium-silicon-battery-market-growth-analysis-report-2023-2030/
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