Nano Battery Market to Reach $28.1 Bn, Globally, by 2030 at 18.6% CAGR: Allied Market Research

Surge in demand for nano batteries from end-use industries and the benefits of nanotechnology in the manufacturing of batteries have boosted the growth of the global nano battery market

PORTLAND, Ore., Sept. 27, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Nano Battery Market by Technology (Nano Phosphate, Nano Pore, and Lithium-ion), and Application (Consumer Electronics, Military, Power Tools & Industrial, Renewables & Grid Energy, Transport and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030B." As per the report, the global nano battery industry generated $5.1 billion in 2020, and is estimated to reach $28.1 billion by 2030, growing at a CAGR of 18.6% from 2021 to 2030.

Major determinants of the market growth

Surge in demand for nano batteries from end-use industries and the benefits of nanotechnology in the manufacturing of batteries have boosted the growth of the global nano battery market. However, difficulties in manufacturing nanomaterials used in batteries hinder the market growth. On the contrary, increase in investment and R&D toward nano-scale components in battery technology would unlock new opportunities for market players in the future.

Download Sample PDF (200 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/13219

Covid-19 scenario:

• The Covid-19 outbreak resulted in a temporary ban on import & exports and manufacturing & processing activities, which hampered the demand for nano batteries from these consumers.
• Moreover, the prolonged lockdown disrupted the supply chain and increased prices of raw materials.
• However, the market is expected to recover due to rise in vaccination across European and Asian countries.

The Li-ion segment dominated the market

By type, the Li-ion segment held the largest share in 2020, accounting for nearly half of the global nano battery market, due to rise in demand for Li-ion batteries from several applications such as power tools, consumer electronics, aerospace & defense, and automotive. However, the nano phosphate segment is projected to manifest the highest CAGR of 19.7% during the forecast period, owing to increase in demand for nano batteries from consumer electronics, power tools, and automotive industries.

Get detailed COVID-19 impact analysis on the Nano Battery Market: https://www.alliedmarketresearch.com/request-for-customization/13219?reqfor=covid

The transport segment to portray the highest CAGR through 2030

By end user, the transport segment is expected to portray the highest CAGR of 19.5% during the forecast period, due to growth in vehicle electrification and rise in awareness about benefits of electric vehicles. However, the military segment held the largest share in 2020, contributing to more than one-fourth of the global nano battery market, owing to rise in need for efficient power electronics devices because of the surge in digitalization of battlefield and reduction in size & weight of military equipment.

North America held the lion's share

By region, the global nano battery market across North America dominated the market in 2020, accounting for more than two-fifths of the market, due to presence of huge consumer base and key market players in the region coupled with the growth of military, renewable energy, and electric vehicles. However, the market across Asia-Pacific is anticipated to register the highest CAGR of 19.2% during the forecast period, owing to growth of the automotive industry, diverse nature of the consumer electronics industry, and robust industrialization.

Interested in Procure Data? Visit Here: https://www.alliedmarketresearch.com/nano-battery-market/purchase-options

Major market players

• Naxin New Energy Technology Co., Ltd.
• Front Edge Technology
• mPhase Technologies
• Altairnano
• A123 Systems LLC
• US Photonics Inc.
• Amprius Technologies
• Sicona Battery Technology
• California Lithium Battery
• Kokam

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports We Have: 

Battery Racks Market is projected to reach $4.7 billion by 2030, growing at a CAGR of 3.8% from 2021 to 2030.

Portable Power Station Market is projected to reach $5.8 billion by 2030, growing at a CAGR of 4.1% from 2021 to 2030.

Solar battery market is projected to reach $360.4 million by 2027, growing at a CAGR of 15.5% from 2020 to 2027.

Uninterrupted power supply (UPS) system market is projected to reach $9.4 billion by 2027, growing at a CAGR of 4.3% from 2020 to 2027.

Lithium-ion Battery Market is projected to hit $129.3 billion by 2027, growing at a CAGR of 18.0% from 2020 to 2027.

Industrial Batteries Market is projected to reach $30.8 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030.

Lithium-iron Phosphate Batteries Market is projected to reach $9.9 billion by 2030 at a CAGR of 5.9% from 2021 to 2030.

Pre-Book Now with 10% Discount:

Battery Storage Inverter Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Battery Technology Market: Global Opportunity Analysis and Industry Forecast, 2020–2028

Battery Energy Storage Market: Global Opportunity Analysis and Industry Forecast 2020-2027

Utility Battery Market: Global Opportunity Analysis and Industry Forecast 2020-2030

Electric battery Market: Global Opportunity Analysis and Industry Forecast 2020-2030

Secondary Battery Market: Global Opportunity Analysis and Industry Forecast 2020-2030

Disposable Battery Market: Global Opportunity Analysis and Industry Forecast 2020-2030

Power Inverter Market: Global Opportunity Analysis and Industry Forecast 2020-2030

About us:           

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on: LinkedInTwitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg