Press Resease

Next Generation Battery Market by Technology (Lithium-ion, Advanced Lead-Acid Batteries, Molten Salt Batteries, Flow Batteries, and Others), and by Application (Transportation, Stationary Energy Storage, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Published Date: 16-Aug-2018 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-3276 Status : Published

Global Next-Generation Battery Market expected to reach USD 2046.88 million by 2024, growing at a CAGR of around 78.35% between 2018 and 2024; The major factor driving the growth of next generation battery market is the increasing adoption of e-mobility industry, growing electric vehicle market, and increasing usage of consumer electronic appliances.

Description

The report analyzes and forecasts the next generation battery market on a global and regional level. The study offers historical data of past years along with the forecast from 2018 to 2024 based on revenue (USD Million). Assessment of the market dynamics gives a brief thought about the drivers and restraints for the next generation battery market along with the impact they have on the demand over the forecast period. Furthermore, the report includes the study of opportunities available in the next generation battery on a global level.

The report gives a transparent view of the next generation battery market. We have included a detailed competitive scenario and portfolio of prominent vendor’s operative in the next generation battery market. To understand the competitive landscape of next generation battery market, an analysis of Porter’s Five Forces model for the market has also been included. The report offers a market attractiveness analysis, wherein technology, application, and regional segments are benchmarked based on their general attractiveness, market size, and growth rate.

Global Next Generation Battery Market

The study provides a crucial view on next generation battery market by segmenting the market based on technology, application, and regional segments. All the technology, application, and regional segments of the next generation battery market have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. The technology Lithium-ion, advanced lead-acid batteries, molten salt batteries, flow batteries, and others. Lithium-ion is again classified into advance Li-ion, lithium sulfur, and lithium solid state. Further, based on the application, the global next generation battery market is segmented into transportation, stationary energy storage, and others. The market is analyzed based on five regions namely North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The major players of next generation batteries market include Samsung, Saft group, Panasonic Corporation, Sion Power, Envia Systems Inc., Ambri Inc., Lockheed Martin, Hitachi, Fluidic Energy, LG Chemicals, Phinergy, Amprius Inc., Mitsubishi Chemical, Seeo, Uniross Batteries, PolyPlus Transfection, and OXIS Energy.

The report segments of the next generation battery market are as follows:

Global Next Generation Battery Market: Technology Segment Analysis

  • Lithium-Ion
    • Advanced Li-ion
    • Lithium Sulfur
    • Lithium Solid-state
  • Advanced Lead-Acid Batteries
  • Molten Salt Batteries
  • Flow batteries
  • Others

Global Next Generation Battery Market: Application Segment Analysis

  • Transportation
  • Stationary Energy Storage
  • Others

Global Next Generation Battery Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Next Generation Battery Market, 2017- 2024 (USD Million)
    • 2.2. Global Next Generation Battery Market: Snapshot
  •  
  • Chapter 3. Next Generation Battery - Market Dynamics
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
      • 3.2.1. Technology providers
      • 3.2.2. Next Generation Battery manufacturer
      • 3.2.3. End users
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
  •  
  • Chapter 4. Increasing demand for high storage and efficient batteries in the automotive industry
    • 4.1. Europe
    • 4.2. Asia Pacific
  •  
  • Chapter 5. High usage of electric vehicles and electronic appliances in China , Korea, India and Japan
    • 5.1. Latin America
      • 5.1.2. MEA
    • 5.2. Market Restraints
      • 5.2.1. High initial costs of the batteries
    • 5.3. Opportunities
    • 5.4. Innovation and Sustainability
    • 5.5. Regulatory landscape
      • 5.5.1. The U.S.
      • 5.5.2. Europe
      • 5.5.3. China
    • 5.6. Porter's Five Forces Analysis
      • 5.6.1. Bargaining power of suppliers
      • 5.6.2. Bargaining power of buyers
      • 5.6.3. Threat from new entrants
      • 5.6.4. Threat from new substitutes
      • 5.6.5. Degree of competition
    • 5.7. PESTLE Analysis
    • 5.8. Market Attractiveness Analysis
      • 5.8.1. Market Attractiveness Analysis, by Technology Segment
      • 5.8.2. Market Attractiveness Analysis, by Application Segment
      • 5.8.3. Market Attractiveness analysis, by Regional Segment
  •  
  • Chapter 6. Global Next Generation Battery Market - Competitive Landscape
    • 6.1. Company Market Share, 2017
    • 6.2. Strategic Development
      • 6.2.1. Mergers & Acquisitions
      • 6.2.2. New Product Launch
      • 6.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 6.2.4. Research and Development, Product and Regional Expansion
  •  
  • Chapter 7. Global Next Generation Battery Market - Technology Segment Analysis
    • 7.1. Global Next Generation Battery Market: Technology Overview
      • 7.1.1. Global Next Generation Battery Market Revenue Share, by Technology, 2017 and 2024
    • 7.2. Lithium-ion
      • 7.2.1. Global Next Generation Battery Market by Lithium-ion, 2015 - 2024 (USD Million)
    • 7.3. Advanced Lead-Acid Batteries
      • 7.3.1. Global Next Generation Battery Market by Advanced Lead-Acid Batteries, 2015 - 2024 (USD Million)
    • 7.4. Molten Salt Batteries
      • 7.4.1. Global Next Generation Battery Market by Molten Salt Batteries, 2015 - 2024 (USD Million)
    • 7.5. Flow batteries
      • 7.5.1. Global Next Generation Battery Market by Flow batteries, 2015 - 2024 (USD Million)
    • 7.6. Others
      • 7.6.1. Global Next Generation Battery Market by Others, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Global Next Generation Battery Market - Application Segment Analysis
    • 8.1. Global Next Generation Battery Market: Application Overview
      • 8.1.1. Global Next Generation Battery Market Revenue Share, by Application, 2017 and 2024
    • 8.2. Transportation
      • 8.2.1. Global Next Generation Battery Market for Transportation, 2015 - 2024 (USD Million)
    • 8.3. Stationary Energy Storage
      • 8.3.1. Global Next Generation Battery Market for Stationary Energy Storage, 2015 - 2024 (USD Million)
    • 8.4. Others
      • 8.4.1. Global Next Generation Battery Market for Others, 2015 - 2024 (USD Million)
  •  
  • Chapter 9. Global Next Generation Battery Market - Regional Segment Analysis
    • 9.1. Global Next Generation Battery Market: Regional Overview
      • 9.1.1. Global Next Generation Battery Market Revenue Share, by Region, 2017 and 2024
    • 9.2. North America
      • 9.2.1. North America Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
      • 9.2.2. North America Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.2.3. U.S.
        • 9.2.3.1. U.S. Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.2.3.2. U.S. Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 9.3. Europe
      • 9.3.1. Europe Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
      • 9.3.2. Europe Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.3.3. UK
        • 9.3.3.1. UK Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.3.3.2. UK Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.3.4. Germany
        • 9.3.4.1. Germany Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.3.4.2. Germany Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.3.5. France
        • 9.3.5.1. France Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.3.5.2. France Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
      • 9.4.2. Asia Pacific Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.4.3. China
        • 9.4.3.1. China Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.4.3.2. China Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.4.4. Japan
        • 9.4.4.1. Japan Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.4.4.2. Japan Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.4.5. India
        • 9.4.5.1. India Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.4.5.2. India Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 9.5. Latin America
      • 9.5.1. Latin America Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
      • 9.5.2. Latin America Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.5.3. Brazil
        • 9.5.3.1. Brazil Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
        • 9.5.3.2. Brazil Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 9.6. Middle East and Africa
      • 9.6.1. Middle East and Africa Next Generation Battery Market Revenue, by Technology, 2015 - 2024 (USD Million)
      • 9.6.2. Middle East and Africa Next Generation Battery Market Revenue, by Application, 2015 - 2024 (USD Million)
  •  
  • Chapter 10. Company Profile
    • 10.1. Samsung
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
    • 10.2. Saft group
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. Panasonic Corporation
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. Sion Power
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. Envia Systems Inc.
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Ambri Inc.
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
    • 10.7. Lockheed Martin
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
    • 10.8. Hitachi
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
    • 10.9. Fluidic Energy
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
    • 10.10. LG Chemicals
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments
    • 10.11. Phinergy
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Product portfolio
      • 10.11.4. Business strategy
      • 10.11.5. Recent developments
    • 10.12. Mitsubishi Chemical
      • 10.12.1. Overview
      • 10.12.2. Financials
      • 10.12.3. Product portfolio
      • 10.12.4. Business strategy
      • 10.12.5. Recent developments
    • 10.13. Seeo
      • 10.13.1. Overview
      • 10.13.2. Financials
      • 10.13.3. Product portfolio
      • 10.13.4. Business strategy
      • 10.13.5. Recent developments
    • 10.14. Uniross Batteries
      • 10.14.1. Overview
      • 10.14.2. Financials
      • 10.14.3. Product portfolio
      • 10.14.4. Business strategy
      • 10.14.5. Recent developments
    • 10.15. PolyPlus Transfection
      • 10.15.1. Overview
      • 10.15.2. Financials
      • 10.15.3. Product portfolio
      • 10.15.4. Business strategy
      • 10.15.5. Recent developments
    • 10.16. OXIS Energy
      • 10.16.1. Overview
      • 10.16.2. Financials
      • 10.16.3. Product portfolio
      • 10.16.4. Business strategy
      • 10.16.5. Recent developments

Methodology

Free Analysis

Batteries are the devices consisting of one or more electrochemical cells with external connections provided to power electrical devices and other applications. They are present in different shapes and sizes, from small cells used in smartphones, hearing aids, and wristwatches, to large batteries used in cars and trucks, and industries such as computer data centers and telecommunication companies for power backup. Next generation batteries include rechargeable solid-state batteries, flow batteries, thin film batteries, poly-lithium-ion batteries, and advanced lead-acid. These batteries provide some remarkable properties like being compact, lightweight, and enhanced with safety features. Furthermore, the next-generation batteries have proved to be safe under harsh conditions, along with major improvements in terms of overall performance and are eco-friendly as compared to conventional Li-ion batteries. 

Increasing demand for high storage and efficient batteries in the automotive industry and the growing consumption of consumer electronics are factors driving the growth of the next generation battery market. In addition, factors such as high demand from the consumer electronics sector coupled with a rising need for less power usage and less heat production, among others are supporting the growth of the next generation batteries market. Furthermore, increasing popularity for the battery-operated vehicles around the world is spurring the demand for the long-lasting batteries for better fuel economy. These are some of the factors which are increasing the demand for next generation batteries in the market. However, high initial costs of the batteries are considered to be one of the major factors restraining the market growth. In addition, lack of awareness regarding green initiatives is another factor which could cause hindrance in the growth of next generation battery market.

Global Next Generation Battery Market

Based on technology, the global next generation battery market is fragmented into Lithium-ion, advanced lead-acid batteries, molten salt batteries, flow batteries, and others. Lithium-ion is again classified into advance Li-ion, lithium sulfur, and lithium solid state. Transportation, stationary energy storage, and others are the application segment of the global next generation battery market. All the segments are analyzed based on the present and the future trends and the market is projected from 2018 to 2024. Based on regions, the global next generation battery market is segmented into the Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa with its further categorization into the U.S., UK, Germany, France, China, India, Japan, and Brazil.

North America and Europe held the majority of the market share of the global next generation battery market in 2017 and is set to dominate the world marketplace within the forecast period. Presence of significant market player in both the regions is predicted to shape the next generation battery market massively. Asia Pacific is expected to hold the remarkable market share and is expected to grow with the highest CAGR during the analysis period. The growth in this region is due to the high demand for electric vehicles and consumer electronics appliances in China, Japan, India, and Korea. 

The major players of next generation batteries market include Samsung, Saft Group, Panasonic Corporation, Sion Power, Envia Systems Inc., Ambri Inc., Lockheed Martin, Hitachi, Fluidic Energy, LG Chemicals, Phinergy, Amprius Inc., Mitsubishi Chemical, Seeo, Uniross Batteries, PolyPlus Transfection, and OXIS Energy.

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