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From 2022's $33.66M, the Silicon Anode Battery Market is expected to more than quadruple in size by 2030, reaching $556.98M at a CAGR of 38.6% between 2023 and 2030.
The silicon anode battery is a variant of the lithium-ion battery in which silicon is used as the anode rather than graphite. Due to its early stage and promising results, silicon's usage as an anode in batteries has enormous growth prospects for the market. The increased storage capacity and battery lifespan offered by silicon anode batteries are two further factors pushing their widespread use. These batteries have a wide range of potential uses, but the consumer electronics, automotive, industrial, and energy markets account for the bulk of their use.
Capacity and end-use industries form the two main submarkets of the worldwide silicon anode battery market. Capacity-wise, the market is broken down into three distinct subsets: 1,500 mAh, 1,500 mAh, and >2,500 mAh. The >2500MAh sector is now the most popular due to the market's infancy and the increased demand for consumer electronics.
Lithium-ion (Li-ion) batteries with a silicon anode provide an alternative. It is also regarded as the Li-ion battery of the future because its theoretical capacity is more than ten times that of a conventional anode. It also helps increase the batteries' storage capacity, making them more useful than lithium ion batteries. The increased energy density in comparison to other battery chemistries, as well as the rising number of R&D initiatives by manufacturers for advances in Li-Ion batteries, are likely to drive the expansion of the silicon anode battery market in the forecast period. The market for silicon anode batteries is also expected to rise due to the rising popularity of consumer devices. Increased focus on parallel computing in AI data centres is also anticipated to slow the expansion of the silicon anode battery industry. However, it is expected that the expansion of the silicon anode battery market will be hampered by the limited availability of AI hardware experts and the volumetric extension of silicon when lithium is implanted in the batteries.
Some lithium-ion batteries use a silicon anode. Graphite anodes were employed in subsequent generations of Li-Ion batteries after numerous overheating and explosion events occurred with lithium anodes, prompting the development of silicon nanotubes or silicon coating. With its extended lifespan and great energy storage capacity, silicon proved to be a significant improvement over lithium and graphite anodes. The market is broken down into sub-3000 mAh, 3-10,000 mAh, 10-60,000 mAh, and >60,000 mAh categories based on battery capacity. Over the projected period, the market for silicon batteries with capacities between 3,000 mAh and 10,000 mAh is anticipated to expand. This expansion might be attributed to the superior performance and huge storage capacity of these batteries. Individual cells and modules from these batteries are utilised in numerous applications, including consumer electronics, electric vehicles, and aviation. Silicon anode batteries can be used in a wide variety of vehicles, consumer gadgets, planes, power tools, and even medical equipment. In terms of end use, consumer electronics are by far the most common. Silicon anode batteries are ideally suited to the modern electronics sector because of their ability to provide consistent power with improved performance. Key market participants like Amprius Technology are investing in developing silicon anode technology in response to increased demand for silicon-based batteries. Silicon nanowire batteries are now available from the company, outperforming its older lithium-ion counterparts in terms of energy density, conductivity, and cycle life.
Silicon anode batteries are in high demand due to rising interest in their numerous applications across numerous end-user industries including transportation, electronics, energy, aviation, and healthcare. The industry is being propelled by the growing introduction of products as a result of massive investments by major corporations. It is commonly accepted that silicon anode batteries have theoretical capacities that are ten times higher than those of lithium-ion batteries. This means increased battery life and the ability to store a lot of energy. Silicon-based batteries are in high demand because of their widespread application in consumer electronics such as digital cameras, mp4 players, cell phones, laptops, tablets, and more. Explosions that have damaged lithium-ion and graphite batteries present another opportunity for the market to expand greatly in the coming year.
Report Coverage
Global Silicon Anode research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Silicon Anode report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Silicon Anode competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Silicon Anode market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Silicon Anode market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Silicon Anode market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Panasonic Corporation, SAMSUNG SDI CO., LTD., LG Chem., NEXEON LTD., Los Angeles Cleantech Incubator, Enevate Corporation, Zeptor Corporation, CONNEXX SYSTEMS Corp., XGSciences, California Lithium Battery, City of Irvine, Amprius Technologies, Solid Energy A/S, ActaCell, Inc. OneD Material, Inc., Hitachi Chemical Co., Ltd., and Huawei Technologies Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Silicon Anode market based on the below-mentioned segments:
Global Silicon Anode Market, By Capacity
<1500 mAh
1500-2500 mAh
>2500 mAh
Global Silicon Anode market, By Application
Automotive
Consumer Electronics
Energy and Power
Medical Devices
Others
Global Silicon Anode market, Regional Analysis
The silicon anode battery is a variant of the lithium-ion battery in which silicon is used as the anode rather than graphite. Due to its early stage and promising results, silicon's usage as an anode in batteries has enormous growth prospects for the market. The increased storage capacity and battery lifespan offered by silicon anode batteries are two further factors pushing their widespread use. These batteries have a wide range of potential uses, but the consumer electronics, automotive, industrial, and energy markets account for the bulk of their use.
Capacity and end-use industries form the two main submarkets of the worldwide silicon anode battery market. Capacity-wise, the market is broken down into three distinct subsets: 1,500 mAh, 1,500 mAh, and >2,500 mAh. The >2500MAh sector is now the most popular due to the market's infancy and the increased demand for consumer electronics.
Lithium-ion (Li-ion) batteries with a silicon anode provide an alternative. It is also regarded as the Li-ion battery of the future because its theoretical capacity is more than ten times that of a conventional anode. It also helps increase the batteries' storage capacity, making them more useful than lithium ion batteries. The increased energy density in comparison to other battery chemistries, as well as the rising number of R&D initiatives by manufacturers for advances in Li-Ion batteries, are likely to drive the expansion of the silicon anode battery market in the forecast period. The market for silicon anode batteries is also expected to rise due to the rising popularity of consumer devices. Increased focus on parallel computing in AI data centres is also anticipated to slow the expansion of the silicon anode battery industry. However, it is expected that the expansion of the silicon anode battery market will be hampered by the limited availability of AI hardware experts and the volumetric extension of silicon when lithium is implanted in the batteries.
Some lithium-ion batteries use a silicon anode. Graphite anodes were employed in subsequent generations of Li-Ion batteries after numerous overheating and explosion events occurred with lithium anodes, prompting the development of silicon nanotubes or silicon coating. With its extended lifespan and great energy storage capacity, silicon proved to be a significant improvement over lithium and graphite anodes. The market is broken down into sub-3000 mAh, 3-10,000 mAh, 10-60,000 mAh, and >60,000 mAh categories based on battery capacity. Over the projected period, the market for silicon batteries with capacities between 3,000 mAh and 10,000 mAh is anticipated to expand. This expansion might be attributed to the superior performance and huge storage capacity of these batteries. Individual cells and modules from these batteries are utilised in numerous applications, including consumer electronics, electric vehicles, and aviation. Silicon anode batteries can be used in a wide variety of vehicles, consumer gadgets, planes, power tools, and even medical equipment. In terms of end use, consumer electronics are by far the most common. Silicon anode batteries are ideally suited to the modern electronics sector because of their ability to provide consistent power with improved performance. Key market participants like Amprius Technology are investing in developing silicon anode technology in response to increased demand for silicon-based batteries. Silicon nanowire batteries are now available from the company, outperforming its older lithium-ion counterparts in terms of energy density, conductivity, and cycle life.
Silicon anode batteries are in high demand due to rising interest in their numerous applications across numerous end-user industries including transportation, electronics, energy, aviation, and healthcare. The industry is being propelled by the growing introduction of products as a result of massive investments by major corporations. It is commonly accepted that silicon anode batteries have theoretical capacities that are ten times higher than those of lithium-ion batteries. This means increased battery life and the ability to store a lot of energy. Silicon-based batteries are in high demand because of their widespread application in consumer electronics such as digital cameras, mp4 players, cell phones, laptops, tablets, and more. Explosions that have damaged lithium-ion and graphite batteries present another opportunity for the market to expand greatly in the coming year.
Report Coverage
Global Silicon Anode research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Silicon Anode report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Silicon Anode competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Silicon Anode market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Panasonic Corporation, SAMSUNG SDI CO., LTD., LG Chem., NEXEON LTD., Los Angeles Cleantech Incubator, Enevate Corporation, Zeptor Corporation, CONNEXX SYSTEMS Corp., XGSciences, California Lithium Battery, City of Irvine, Amprius Technologies, Solid Energy A/S, ActaCell, Inc. OneD Material, Inc., Hitachi Chemical Co., Ltd., and Huawei Technologies Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Silicon Anode Market from 2021 to 2030.
- Market Forecast for Silicon Anode Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Silicon Anode competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Silicon Anode
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Silicon Anode market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Silicon Anode market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Panasonic Corporation, SAMSUNG SDI CO., LTD., LG Chem., NEXEON LTD., Los Angeles Cleantech Incubator, Enevate Corporation, Zeptor Corporation, CONNEXX SYSTEMS Corp., XGSciences, California Lithium Battery, City of Irvine, Amprius Technologies, Solid Energy A/S, ActaCell, Inc. OneD Material, Inc., Hitachi Chemical Co., Ltd., and Huawei Technologies Co., Ltd.
Primary Target Market
- Market Players of Silicon Anode
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Silicon Anode market based on the below-mentioned segments:
Global Silicon Anode Market, By Capacity
<1500 mAh
1500-2500 mAh
>2500 mAh
Global Silicon Anode market, By Application
Automotive
Consumer Electronics
Energy and Power
Medical Devices
Others
Global Silicon Anode market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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