What is Next-Generation Batteries Market Scope?
Next-generation batteries are unlocked growth and advances in various sectors such as electric vehicles, electronic devices and battery energy storage for renewable energy. The next-generation technologies need to deliver changes in battery characteristics. Most of the development is led by start-ups by working on the Li-ion market and other alternative technologies, such as zinc-air batteries. The current technology of batteries is not meeting the potential of applications including power, renewable energy, consumer electronics, and mobility, and others. There are various major players are performing battery related investments such as Tesla planned a 35GWh gigafactory for 2020 as for USD 5 billion investment. Additionally, Asahi Kasei purchased polypore to dominate the battery market. These big investments, it shows that the market has strong growth potential in the future.
The Next-Generation Batteries market study is being classified, by Application (Automotive, Transportation, Aerospace & Defense, Industrial and Oil & Gas) and major geographies with country level break-up.
The global Next-generation batteries market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Next-Generation Batteries market throughout the predicted period.
Samsung (Korea), BASF (Germany), Panasonic (Japan), Contemporary Amperex Technology (China), Asahi Kasei (Japan), Dyson (United Kingdom), Daimler (Germany), Siemens (Germany), LG Chem Power (LGCPI) (Korea), BYD Company Ltd. (China), A123 Systems, LLC. (United States), Toshiba Corporation (Japan) and Hitachi Chemical Co., Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Johnson Controls International Plc. (United States), Saft Batteries (France), LITEC Co., Ltd. (Korea), China BAK Battery Co. Ltd. (China), GS Yuasa International Ltd (Japan), Wanxiang Group Corporation (China), Beijing Pride Power (China), Tianneng Power (China) and SB LiMotive (Germany).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Next-Generation Batteries market by Type, Application and Region.
On the basis of geography, the market of Next-Generation Batteries has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Growing Demands for Lithium Batteries
Market Drivers
- Increasing Number of Electrical Vehicles and Energy Storage Systems
- Increase Number of Mobile Devices and Wearable Devices
- Growing Renewable Energy
Opportunities
- Increase Number of Automotive Productions
- Growing Production of Electronic Products in China and Japan
Restraints
- Rapid Changes in Technology
- Rising Cost of Raw Materials
Challenges
- Growing Safety Concerns across Various Industries
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Next-Generation Batteries Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Customization available in this Study:
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