Sodium Ion Battery Market by Product Type, Distribution Channel, End User 2022-2027

Author: Elena Anderson

Marketing Manager

Report DescriptionAbout IMARC Group

International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals 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, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Global Sodium Ion Battery Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Sodium Ion Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

," the global sodium ion battery market reached a value of US$ 253.44 Million in 2021.

Sodium ion battery refers to rechargeable batteries that require sodium ion movement between electrodes during the charging and discharging of battery. The cathode for these batteries is manufactured from sodium and the sodium metal in these batteries displays a large ionic radius compared to lithium metal in the lithium-ion batteries, offering lesser changes in the materials during electrochemical cycling and providing them more stability.

It stores energy by fusing electrical and chemical energy into one another. It also offers numerous advantages, including improved safety, better environmental credentials, and enhanced raw material costs. In recent years, sodium ion batteries have gained traction due to their extensive usage in the defense, transportation, aerospace, marine, and energy industries.

Request for a PDF sample of this report:

https://www.imarcgroup.com/sodium-ion-battery-market/requestsample

Global Sodium Ion Battery Market Trends:

One of the primary factors driving the market is the escalating demand for cleaner energy across the globe, on account of the rising greenhouse gas emissions. Additionally, sodium-ion batteries are used to store electricity, which is produced through wind and solar energy, thus creating a positive market outlook. In line with this, the rising adoption of this product as the perfect alternative energy storage system is positively influencing the market growth. Furthermore, the increasing demand for electric vehicles (EVs) owing to zero tailpipe emissions of air pollutants, is catalyzing market growth. Other than this, sodium-ion batteries are extensively preferred by telecom companies and data centers to serve as energy-efficient alternatives. Along with this, governments of various nations are promoting the manufacturing of renewable energy to offer reliable fuel diversification and power supplies, thus improving energy security, lowering the risk of fuel spills, and minimizing the need for imported fuels. Moreover, extensive investments by key market players in research and development (R&D) activities to launch improved stationary energy storage is driving the market growth.

Looking forward, IMARC Group expects the market value to reach US$ 577.41 Million by 2027, expanding at a CAGR of 13.50% during the forecast period (2022-2027).

View Report TOC, Figures and Tables: https://www.imarcgroup.com/sodium-ion-battery-market

Report Description Report Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

• Sodium-Sulphur Battery

• Sodium-Salt Battery

• Sodium-Air Battery

Breakup by Application:

• Stationary Energy Storage

• Transportation

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Report Description Report Description and Highlights

Competitive Landscape with Key Players:

• Altris AB

• AMTE Power plc

• Aquion Energy

• Faradion Limited

• HiNa Battery Technology Co. Ltd

• Natron Energy Inc

• NEI Corporation

• NGK Insulators Ltd

• Tiamat Energy

1. How has the global sodium ion battery market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global sodium ion battery market?

3. What are the key regional markets?

4. What is the breakup of the market based on the type?

5. What is the breakup of the market based on the application?

6. What are the various stages in the value chain of the industry?

7. What are the key driving factors and challenges in the industry?

8. What is the structure of the global sodium ion battery market and who are the key players?

9. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/sodium-ion-battery-market/toc

A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

Report Description Report Description and Highlights

© 2022 IMARC All Rights Reserved

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.