Market Reports | Product Report

Graphene Battery Market worth $609 million by 2030 – At a CAGR of 23.9%

Published: July 31, 2023
Author: TEXTILE VALUE CHAIN
According to a new market research report, the Graphene Battery Market by Type (Lithium-Ion Graphene Battery, Lithium-Sulfur Graphene Battery, Graphene Supercapacitor), End-Use Industry (Consumer Electronics, Automotive, Industrial, Power), Region – Global Forecast to 2030″, The global graphene battery market size is projected to grow from USD 168 million in 2024 to USD 609 million by 2030, at a CAGR of 23.9% from 2024 to 2030. The market growth is driven by the advantages of graphene that is used as a battery material in graphene batteries and increasing demand for these batteries in consumer electronics and automotive industries.

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  • 36 Market data Tables
  • 34   Figures
  • 96 Pages and in-depth TOC on “Graphene Battery Market – Global Forecast to 2030″

This report also provides a comprehensive analysis of the companies listed below:

Samsung SDI (South Korea), Huawei Technologies Co., Ltd. (China), Log 9 Materials Scientific Private Limited (India), Cabot Corporation (US), Grabat Graphenano Energy (Spain), Nanotech Energy (US), Nanotek Instruments, Inc. (US), XG Sciences, Inc. (US), ZEN Graphene Solutions Ltd. (Canada), Graphene NanoChem (Malaysia), Global Graphene Group (US), Vorbeck Materials Corp. (US), Graphenea Group (Spain), Hybrid Kinetic Group Ltd. (Hong Kong) and Targray Group (Canada)

 The market growth is driven by the advantages of the graphene that is used as a battery material in graphene battery and increasing demand for this battery in consumer electronics and automotive industries. The market growth is driven by the advantages of graphene that is used as a battery material in graphene batteries and increasing demand for these batteries in consumer electronics and automotive industries.

The lithium-ion graphene battery segment is estimated to account for the largest share of the graphene battery market in 2021.

By type, the lithium-ion graphene battery segment is estimated to account for the largest share of the graphene battery industry in 2021. Graphene lithium-ion batteries are consumed by end-use industries such as consumer electronics, automotive, industrial, power and others due as they are light, durable and suitable for high-capacity energy storage, as well as shortens the charging times. The lithium-ion graphene battery segment is forecasted to have the highest growth rate owing to the increasing demand for lithium-ion batteries compared to other batteries due to its various applications in the consumer electronics and automotive industries.

Asia Pacific is estimated to account for the largest share in the global graphene battery market in 2021

The Asia Pacific region is expected to account for the largest share of the market in 2021. China, Japan, and South Korea are key countries contributing to the increased demand for graphene batteries in this region. In China, Japan and South Korea along with electric vehicles, graphene batteries are used in consumer electronics. Europe is estimated to have the second-largest share of the global graphene battery market in 2021.

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