Graphene Battery Market size was valued at USD 167.15 Mn. in 2023 and the total Graphene Battery revenue is expected to grow by 23% from 2024 to 2030, reaching nearly USD 711.96 Mn.
Graphene Battery Market Overview:
The Graphene Battery Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Graphene Battery Market, as well as the causes for variances in the industry’s growth in various places
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Graphene Battery Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Graphene Battery Market Drivers:
The graphene battery market growth is fueled by demand for graphene batteries in sectors such as electronics, biomedical technologies, energy storage, composites and coatings, and water and wastewater treatment. Modern rechargeable batteries may be able to charge more quickly and hold more energy thanks to graphene. Graphene also decreases the overall weight of the battery assembly and lengthens the life of lithium-ion batteries. As a result, market growth is expected to be fueled by graphene batteries growing used in the electric vehicle (EV) sector.
The market in the United States is expected to grow significantly, and the country is one of the primary exporters of graphene-based products to countries that lack graphene production capabilities. Additionally, the rising popularity of graphene due to its superior properties is expected to drive graphene battery market growth over the forecast period. Because of the presence of a number of manufacturers in the country, the aircraft parts manufacturing industry is expected to grow in the United States. Additionally, it is expected that increasing demand for materials with low density, low electrical conductivity, durability, and high strength will drive the market for composites based on graphene. Batteries can be replaced with supercapacitors because of their higher power densities. They can also function at very low temperatures. The development of electric supercars may benefit from the superior short-burst energy delivery capabilities displayed by graphene-based supercapacitors. As a result, it is expected that product demand will increase exponentially.
Graphene Battery Market Segmentation:
by Type
Lithium-ion Battery
Lithium- Sulphur battery
Graphene Supercapacitor
Others
by Application
Automotive
Consumer Electronics
Industrial
Power
Others
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Graphene Battery Market Key Players: The key players are
1. Samsung SDI Co., Ltd., (South Korea)
2. Huawei Technologies Co., Ltd. (China)
3. Hybrid Kinetic Group Ltd. (Hong Kong)
4. Hybrid Kinetic Group (Hong Kong)
5. Log 9 Materials (India)
6. Metalgrass Ltd (Malaysia)
7. Cabot Corporation (US)
8. Nanotech Energy (US)
9. Nanotek Instruments, Inc. (US)
10.XG Sciences, Inc. (US)
11.Global Graphene Group (US)
12.Vorbeck Materials Corp. (US)
13.Zentek Ltd. (Canada)
14.Targray Group (Canada)
15.Zen Graphene Solutions Ltd (Canada)
16.Earthdas (Spain)
17.Grupo Graphenano (Spain)
18.Graphenea Group (Spain)
19.Grabat Energy (Spain)
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Graphene Battery Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Graphene Battery Market Report are:
Which sub-segment had the largest share in the Graphene Battery Market?
How is the competitive landscape of the Graphene Battery Market in 2023?
Which are the key drivers impacting the Graphene Battery Market growth?
Which region holds the maximum share in the Graphene Battery Market?
What will be the CAGR of the Graphene Battery Market during the forecast period (2023-2029)?
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