IMARC Group, a leading market research company, has recently releases report titled "Sodium Ion Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The global sodium ion battery market size reached US$ 290.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 651.1 Million by 2028, exhibiting a growth rate (CAGR) of 13.2% during 2023-2028.
Sodium ion battery represents rechargeable batteries that store energy by fusing chemical and electrical energy into each other. They are categorized into several types, such as sodium-sulfur batteries, sodium-salt batteries, and sodium-air batteries. Sodium ion battery variants rely on the reversible movement of ions between two electrodes using electrolytes for efficient operation. They offer multiple advantages, which include superior environmental credentials, improved safety, and affordable raw material costs as compared to lithium-ion (Li-ion) batteries. Sodium ion battery products are even non-flammable and perform excellently in colder temperatures. Consequently, they find extensive applications across numerous sectors, including defense, marine, transportation, aerospace, energy, etc.
Request For Sample Report: https://www.imarcgroup.com/sodium-ion-battery-market/requestsample
Sodium ion battery Market Trends:
The growing greenhouse gas emissions and the inflating demand for cleaner energy across the globe are among the key factors driving the sodium ion battery market. Besides this, the elevating utilization of the battery to store electricity generated through wind or solar energy is acting as another significant growth-inducing factor. Additionally, the increasing awareness among the masses about the benefits of sodium-ion batteries, such as high energy density and low charging time, is also positively influencing the global market.
Who are The Key Players Operating in the Industry?
- ALTRIS AB
- Amtec Inc. Power plc
- Aquion Energy
- Faradion Limited
- HiNa Battery Technology Co. Ltd.,
- Natron Energy Inc.
- NEI Corporation
- NGK Insulators Ltd.
- Tiamat Energy.
Breakup by Type:
- Sodium-Sulphur Battery
- Sodium-Salt Battery
- Sodium-Air Battery
Breakup by Application:
- Stationary Energy Storage
- Transportation
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
