Apr 20, 2020 (Reporthive Research via COMTEX) -- Chicago, United States: - "The silicon anode battery market was valued at US$ 39.3 million in 2019 and is projected to reach US$ 270.3 million by 2027; it is expected to grow at a CAGR of 28.6% from 2020 to 2027."
The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Silicon Anode Battery Market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Silicon Anode Battery Market. We have provided deep analysis of the vendor landscape to give you a complete picture of current and future competitive scenarios of the global Silicon Anode Battery market. Our analysts use the latest primary and secondary research techniques and tools to prepare comprehensive and accurate market research reports.
The Silicon Anode Battery Market report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players.
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Top Key players cited in the report: Amprius Technologies, Daejoo Electronic Materials Co., Ltd., Enevate Corporation, Hitachi Chemical Company, Ltd., Huawei Technologies Co., Ltd. And more.....
The silicon anode battery is expected to gain tremendous prominence during the forecast period. The technology developers are investing significantly to develop and commercialize their technologies, which would showcase a paradigm shift in consumer electronics technologies. The advantages offered by the silicon anode battery have influenced several investors to capitalize on the technology, which in turn has encouraged developers to progress in manufacturing the batteries. Sila Nanotechnologies, a California-based silicon anode battery developer, has been securing investments since the inception of the company. Sila Nanotechnologies have been a pioneer in the silicon anode battery market, and the company emphasizes heavily on producing and commercializing the batteries. In 2019, the company raised funding of US$ 45 million from Canada Pension Plan Investment Board. Sila Nanotechnologies aims to ramp up its production unit of silicon anode battery and commercialize the same for the consumer electronics industry by the 1st half of 2020.
Moreover, Sila Nanotechnologies secured US$ 170 million investment from auto giant Daimler in 2019, for the next generation battery technology, i.e., silicon anode battery. Additionally, in 2018, Sila Nanotechnologies also gained investments from Sutter Hill Ventures toward innovation and production of Silicon anode batteries. Thus, with the rising trend of investment scoring among various developers of silicon anode battery, the development and commercialization of the technology are evident. Therefore, increasing investment towards the development of next-generation battery is driving the growth of Silicon anode battery market.
The silicon anode battery market is segmented into capacity and application. Based on capacity, the market is segmented into <1,500 mAh, 1,500aEUR"2,500 mAh, and >2,500 mAh. Based on application, the market is segmented into automotive, consumer electronics, medical devices, energy & power, industrial, and others.
The overall size of silicon anode battery market is analyzed using primary and secondary sources. The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the silicon anode battery market. It also provides an overview and forecast for the silicon anode battery market based on all the segmentations provided globally. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in silicon anode batteries.
The research report is committed to giving its readers an unbiased point of view of the global Silicon Anode Battery market. Thus, along with statistics, it includes opinions and recommendation of market experts. This allows the readers to acquire a holistic view of the global market and the segments therein. The research report includes the study of the market segments on the basis of type, application, and region. This helps in identifying segment-specific drivers, restraints, threats, and opportunities.
The scope of the Report:
The research report on the global Silicon Anode Battery market is a comprehensive publication that aims to identify the financial outlook of the market. For the same reason it offers a detailed understanding of the competitive landscape. It studies some of the leading players, their management styles, their research and development statuses, and their expansion strategies.
The report also includes product portfolios and the list of products in the pipeline. It includes a through explanation of the cutting-edging technologies and investments being made to upgrade the existing ones.
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