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Rise in sales of electric vehicles and thriving portable electronics market have propelled the growth of the global graphene battery market. However, lack of awareness of graphene technology and market in-commercialization process impede the market growth. On the contrary, increase in government investments in R&D is expected to offer multiple opportunities in the near future.As per the report published by Allied Market Research, titled, "Graphene Battery Market by Battery Type (Li-ion Batteries, Li-Sulfur Batteries, Supercapacitors, and Lead-acid Batteries) and Application (Automotive, Electronics, Energy, Aerospace & Defense, Industrial Robotics, and Healthcare): Global Opportunity Analysis and Industry Forecast, 2020–2027," the global graphene battery industry was pegged at $48.8 million in 2019, and is expected to reach $398.6 million by 2027, growing at a CAGR of 31.2% from 2020 to 2027. The report offers a detailed analysis of the drivers & opportunities, market size & estimations, top winning strategies, key segments, and competitive scenario.
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Major market players in the report include Cambridge Nanosystems Ltd., Graphenano S.L., GrapheneNanoChemplc, Graphenea S.A., NanoXplore Inc., Cabot Corporation, Real Graphene USA, Vorbeck Materials Corp., XG Sciences, Inc., and G6 Materials Corp.
Key Benefits For Stakeholders:
This study comprises analytical depiction of the global graphene battery market size along with the current trends and future estimations to depict the imminent investment pockets.
The overall graphene battery market analysis is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current graphene battery market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the graphene battery industry.
The report includes the graphene battery market trends and market share of key vendors.
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The global graphene battery market is analyzed by battery type, application, and region.
Based on application, the global market is categorized into automotive, electronics, energy, aerospace & defense, industrial robotics, and healthcare. The automotive segment dominated the global market in 2019, accounting for nearly half of the market. The segment would maintain its dominant position throughout the forecast period. In addition, the segment is anticipated to register the highest CAGR of 33.1% during the forecast period.
Region-wise, the market is analyzed across Asia-Pacific, North-America, Europe, and LAMEA. The market across Europe held the largest share in 2019, accounting for more than one-third of the market. Furthermore, the region is expected to dominate the market throughout the study period. On the other hand, the Asia-Pacific region is expected to manifest the fastest CAGR of 34.0% in between 2020 to 2027.
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By battery type, the market is fragmented into Li-ion batteries, Li-Sulfur batteries, super capacitors, and lead-acid batteries segments. The Li-ion battery segment dominated the market in 2019, accounting for more than two-thirds of the total market share. The segment is anticipated to rule throughout 2027. On the other hand, the supercapacitors segment is anticipated to portray the fastest CAGR of 35.2% from 2020 to 2027.
Read More @ https://www.globenewswire.com/news-release/2020/04/16/2017472/0/en/Graphene-Battery-Market-to-Garner-398-6-Million-by-2027-Says-Allied-Market-Research.html
Contact Info:
Name: David Correa
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Organization: Allied Market Research
Address: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States, USA/Canada (Toll Free):, +1-800-792-5285, +1-503-894-6022,
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