Graphene Battery Market Current Analysis and Estimated Forecast to 2024
Global Graphene Battery Market has emerged as one of the most lucrative verticals in recent years. The industry is now set to witness a momentous period of growth in the forthcoming years. Rising demand for electric vehicles across the globe is a major factor responsible for augmenting the market share.
Graphene has better resistance to heat and enhanced recharging efficiency in comparison to the more commonly used lithium-ion. This makes it a safer option to be used in electric vehicles. Apart from electric vehicles, the mounting proliferation of portable electronic devices is likely to propel the market size through 2024. As per a research report graphene battery market is estimated to surpass $97 million by 2024.
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Citing an instance of the aforementioned trend, Europe has observed significant growth in electric vehicle sales over the past years. Over 150,000 electric vehicles were sold across the continent in 2015. In fact, more than 34,000 electric vehicles were sold in 2016 in Norway alone.
North America graphene battery market is predicted to witness significant gains in the coming years. The U.S. is likely to lead the market expansion in the region. It was valued at more than $3 million in 2015.
Along with North America, Europe market is also estimated to observe heavy gains through 2024. The UK is anticipated to lead the market share in the region. In fact, it is projected to observe strong growth of more than 20% during the forecast time period.
China is likely to lead the APAC market share through 2024, with estimates expecting that it would exceed a valuation of $10 million through the forthcoming timespan. The region is predicted to witness substantial growth in the production capacity of graphene of 2,000 tons annually till 2024.
Growing applications of portable medical devices is the major factor pushing the segment expansion in the market. In addition, rising focus over these devices in developed nations is likely to outline the healthcare applications growth through 2024.
The competitive landscape of the Graphene Battery Market is inclusive of players such as Cabot Corporation, Group NanoXplore, Graphene 3D Lab, Graphenano, SiNode Systems, Graphene NonoChem
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Table Of Content
Chapter 3 Graphene Battery Industry Insights
3.1 Industry segmentation
3.2 Industry size & growth forecast, 2014 – 2024
3.3 industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & innovation landscape
3.5 Regulatory landscape
3.5.1 U.S.
3.5.2 China
3.5.3 Europe
3.5.4 Australia
3.6 Price trend analysis
3.6.1 Cost structure analysis
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing demand of electric vehicles
3.7.1.2 Growing adoption of portable electronic devices
3.7.1.3 Government regulations
3.7.1.4 Longer shelf life
3.7.2 Industry pitfalls & challenges
3.7.2.1 High manufacturing cost
3.8 Growth potential analysis
3.9 Porter’s analysis
3.10 Competitive landscape, 2015
3.10.1 Strategy dashboard
3.11 PESTEL analysis
Chapter 4 Technology Insights
4.1 market share by technology, 2015 & 2024
4.2 Lithium Ion Battery
4.2.1 Global market estimates and forecast from lithium Ion Battery, 2014 - 2024
4.2.2 Global market revenue from lithium Ion battery, by region, 2014 - 2024
4.3 Lithium sulphur battery
4.3.1 Global Graphene Battery market estimates and forecast from lithium sulphur battery, 2014 - 2024
4.3.2 Global market revenue from lithium sulphur battery, by region, 2014 – 2024
4.4 Supercapacitor battery
4.4.1 Global market estimates and forecast from supercapacitor battery, 2014 - 2024
4.4.2 Global market revenue from supercapacitors, by region, 2014 – 2024
4.5 Lead Acid battery
4.5.1 Global market estimates and forecast from lead acid, 2014 - 2024
4.5.2 Global market revenue from lead acid, by region, 2014 – 2024
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