Silicon Anode Battery market is anticipated to grow at a CAGR of 10.1% during the forecast period (2023-2030). Silicon anode batteries are an extension of widely used lithium-ion (Li-Ion) batteries. Silicon anode batteries offer higher energy storage capacity compared to traditional lithium-ion batteries, making them suitable for applications requiring long-lasting power. The growing adoption of high-energy density batteries in various industries such as consumer electronics, automotive, and renewable energy is the key factor supporting the growth of the market globally. Various market players designed, produced, and shipped an advanced silicon-anode lithium-ion battery that combines increased energy density and high cycle life. The market players are also focusing on advanced silicon-anode lithium-ion battery production facilities that further bolster the market growth. For instance, in January 2021, Enovix Corp. equipped its advanced silicon-anode lithium-ion battery production facility in Fremont, California. The first advanced silicon-anode lithium-ion battery production facility in the US provides high-energy-density batteries to mobile device customers and creates Bay Area jobs.
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The global silicon anode battery market is segmented on the capacity and application. Based on the capacity, the market is sub-segmented into Less than 1500 mAh, 1500 mAh to 2500mAh and Above 2500 mAh. Further, on the basis of application, the market is sub-segmented into consumer electronics, automobile, medical devices, industrial and energy harvesting. Among the capacity, the 1500 mAh to 2500mAh sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of nanocomposite of LM/Si showed superior performances as characterized by high capacity utilization. LM and Si nanoparticles had good electrochemical performance together, and the overall cell impedance was lower in the Si-LM anode than in pure LM and pure Si.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Silicon Anode Battery Market by Capacity
- Less than 1500 mAh
- 1500 mAh to 2500mAh
- Above 2500 mAh
Global Silicon Anode Battery Market by Application
- Consumer Electronics
- Automobile
- Medical Devices
- Industrial
- Energy Harvesting
Company Profiles
- Adform
- 24M
- Advano
- BTR New Material Group Co., Ltd.
- E-magy
- Enevate Corp.
- Group14 Technologies
- Innolith
- LeydenJar
- NanoGraf Corp.
- NanoXplore Inc.,
- NEO Battery Materials LTD.
- Nexeon® Ltd.
- OneD Battery Sciences
- ProLogium Technology CO., Ltd.
- Sila Nanotechnologies Inc.
- Sionic Energy
- Solid Power
- Targray Technology International Inc.
- Unifrax
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Silicon Anode Battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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