Market Introduction
The introduction of lithium-ion batteries (LIBs) in the past two decades has revolutionized the usage of electronic equipment, mobile devices, vehicles, etc. LIB has a high capacity to make a tremendous impact on improving human life and comfort. Despite the immense potential, LIB is not able to meet the needs of current demands. Silicon is one of the promising anode material for next-generation LIB. Silicon-based anodes have an energy capacity that is more than ten times greater than their graphite-based anode equivalents. Silicon is considered as one of the most promising next-generation anodes due to its higher capacity than traditional graphite anode, high abundance, low operation potential, and environmental friendliness. Silicon-based anodes have yet to be commercialized. Moreover, COVID 19 is anticipated to hamper the market growth in 2020 and 2021.
Market Overview and Dynamics
The North America silicon anode battery market was valued at US$ 13.8 million in 2019 and is projected to reach US$ 93.0 million by 2027; it is expected to grow at a CAGR of 28.2% from 2020 to 2027. The North America silicon anode battery market is witnessing a significant growth with regards to the extensive adoption of these batteries in consumer electronics, medical & healthcare, energy storage systems, and electric vehicle. Another key factor that is boosting the market growth in the current scenario is the several initiatives taken by the various governments of developing countries for the adoption of sustainable transportation.
Key Market Segments
The North America silicon anode battery market is segmented on the basis of capacity, application, and country. The North America silicon anode battery market players offer their products with varied capacities, which include; less than 1500 mAh, 1500 mAh-2500 mAh, and above 2500 mAh. The application segment in the silicon anode battery market comprises of automotive, consumer electronics, medical devices, energy & power, industrial, and others.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the silicon anode battery market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amprius Technologies, Enevate Corporation, Hitachi Chemical Company, Ltd., Huawei Technologies Co., Ltd., Nanotek Instruments, Shin-Etsu Chemical Co., Ltd, Sila Nanotechnologies Inc., and Targray Technology International.
Reasons to buy report
NORTH AMERICA SILICON ANODE BATTERY MARKET SEGMENTATION
Silicon Anode Battery Market– By Capacity
Silicon Anode Battery Market – By Application
Silicon Anode Battery Market – By Country
Company Profiles:
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 13.8 Million |
| Market Size by 2027 | US$ 93.0 Million |
| CAGR (2020 - 2027) | 28.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Capacity
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Silicon Anode Battery Market is valued at US$ 13.8 Million in 2019, it is projected to reach US$ 93.0 Million by 2027.
As per our report North America Silicon Anode Battery Market, the market size is valued at US$ 13.8 Million in 2019, projecting it to reach US$ 93.0 Million by 2027. This translates to a CAGR of approximately 28.2% during the forecast period.
The North America Silicon Anode Battery Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Silicon Anode Battery Market report:
The North America Silicon Anode Battery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Silicon Anode Battery Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Silicon Anode Battery Market value chain can benefit from the information contained in a comprehensive market report.
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