The global graphene battery market is anticipated to show burgeoning growth with a CAGR of over 23.92% during the forecast period 2022-2030.
Graphene battery are used in various end-user industries such as aerospace & defense, automobile, electrical & electronics, among others. The growing demand from the developing economies across the globe is the key factor driving the global market of graphene battery. The growing inclination towards electric vehicles along with the augmenting demand for consumer electronics are other factors contributing to the growth of the market. Among the various end-use industries, the automobile is the dominant segment and is expected to show the same trend during the forecast years.
Market Segmentation
The global graphene battery market is segmented into product, type, and end-user industries. On the basis of product type, the global graphene battery market is segmented into On the basis of types, the market is bifurcated into Li-ion graphene battery, Li-sulphur graphene battery, super capacitor, lead-acid battery, and others. On the basis of the end-use industry, the market is further segmented into automotive, electrical & electronics, aerospace & defense, energy, healthcare, and others.
Market Scenario
Among the various product segment, the Lithium-Ion graphene battery is expected to be dominant one is anticipated to continue its dominance during the forecast periods. The properties of Li-ion graphene batteries such as lightweight and high energy density pave their way into many end-use industries such as automobile, electrical & electronics, and aerospace among others. The supercapacitors product segment is anticipated to be the fastest-growing segment during the review period. The advantages such as extended shelf life and enhanced charging abilities are contributing substantially to the growth of the segment. Moreover, the increased adoption of supercapacitors in cell phones is further surging the market growth. Graphene battery is extensively used in a wide range of industries, whereas the automobile industry is anticipated to be the largest end-use industry during the assessed period. The growing inclination towards electric cars is positively contributing to the growth of the segment.
Regional Analysis
The global graphene battery market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific is anticipated to be the fastest-growing market on account of the developing automobile and electrical and electronic industry. Europe and North American graphene battery market is expected to witness steady growth during the forecast years. The presence of stringent regulations to reduce the emission from automobiles along with the growing encouragement towards the adoption of electric vehicles are the key reasons attributing to the growth.
Competitive Analysis
Some of the prominent players operating in the global graphene battery market are Grupo Graphenano (Spain), SINODE SYSTEMS (U.S.), Graphene NanoChem (U.K), Angstron Materials Inc (U.S)., XG Sciences (U.S.), Vorbeck Materials (U.S.), Graphene 3D Lab Inc (U.S.)., NanoXplore Inc.(Canada), Graphene Batteries AS (Norway), and Cambridge Nanosystems Ltd (U.K) among others.
Get a Complete Report for Better Understanding: https://www.marketresearchfuture.com/reports/graphene-battery-market-5714
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), and Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team has a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meetings with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com