New Jersey, United Kingdom, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Silicon Battery Market By Capacity (0–3,000 mAh, 3,000–10,000 mAh, 10,000–60,000 mAh, and 60,000 mAh & Above), By Application (Consumer Electronics, Automotive, Aviation, Energy, and Medical Devices), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” in its research database

“According to the latest research study, the demand of global Silicon Battery Market size & share expected to reach to USD 241.6 Million by 2026 from USD 37.5 Million in 2019, at a compound annual growth rate (CAGR) of 36.5% during the forecast period 2020 to 2026”

What is Silicon Battery? Report Overview & Coverage:

Silicon batteries are next-generation lithium-ion batteries. This lithium-ion extension exhibits ten times theoretical capacity when compared to lithium-ion batteries. The silicon battery’s long life and higher energy storage capacity increase its application in industrial, grid & renewable energy, automotive, and consumer electronics.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Silicon Battery industry. The report analyzes and declares the historical and current trends analysis of the Silicon Battery industry and subsequently recommends the projected trends anticipated to be observed in the global Silicon Battery market during the upcoming years.

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Industry Major Market Players

Key questions answered in this report:

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Market Growth Drivers

The growth of the global Silicon market is likely to be fuelled by its exceptional features such as ten times more energy storage capacity and longer shelf life. Additionally, the replacement of graphite with silicon is anticipated to help expand the Silicon market during the forecast period. The increasing adoption of silicon batteries in consumer electronics and the growing R&D programs in organizations & battery manufacturers is expected to propel the growth of the Silicon Battery. However, the constant expansion and contraction of silicon batteries while charging and discharging have a negative impact on the performance of the battery, thereby posing a hindrance to the growth of the market.           

Global Silicon Battery Market: Report Scope

Report Attribute Details
Market Size 2019 Value USD 37.5 Million
Market Forecast for 2026 USD 241.6 Million
Expected CAGR Growth CAGR 36.5% from 2020-2026
Base Year 2020
Forecast Year 2021-2026
Top Market Players Enovix, Huawei, Amprius Technologies, Group14 Technologies, Enevate, Nexeon, LeydenJar Technologies, XG Sciences, and Others
Segments Covered By Capacity, By Application, and Region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Pricing Options Request customized purchase options to meet your research needs. Explore purchase options

Market Segmentation

The silicon batteries ranging from 3,000 mAh to 10,000 mAh is expected to help the global Silicon Battery market to attain the highest CAGR during the forecast period owing to the rising demand for this range in the consumer electronics, electric vehicles, aviation, & power tools, and the rare & high capacity features.

The growing demand for portable power sources for reliability and better performance in consumer electronics is anticipated to propel the consumer electronics category, thereby surging the global Silicon Battery market growth. Moreover, continuous technological developments in consumer electronics will further enhance the Silicon Battery market.

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Regional Dominance:

The Asia Pacific is expected to lead the global Silicon market during the forecast period. The increasing implementation of silicon batteries in the automotive, consumer electronics, and renewable energy industries are expected to fuel the trade for advanced batteries in the region. Furthermore, the advancements taking place in the wearable devices and consumer electronics sectors in the region are predicted to augment the growth of the Silicon Battery market. The escalating demand for electric vehicles and renewable energy sources and the rising R&D activities on the latest battery technologies in China are factors propelling the market in the Asia Pacific.

Browse the full “Silicon Battery Market By Capacity (0–3,000 mAh, 3,000–10,000 mAh, 10,000–60,000 mAh, and 60,000 mAh & Above), By Application (Consumer Electronics, Automotive, Aviation, Energy, and Medical Devices), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-silicon-battery-market-by-capacity-03000-mah-672

This report segments the global Silicon Battery market as follows:

Global Silicon Battery Market: Capacity Segmentation Analysis

Global Silicon Battery Market: Application Segmentation Analysis

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