The report “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
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• 96 Pages and in-depth TOC on “Graphene Battery Market – Global Forecast to 2030”
Some of the prominent key players are:
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)
Opportunity: Increase in patent activities
The leaders in graphene battery patent applications are companies from end-use industries such as Samsung SDI (South Korea), LG Chem (South Korea), and IBM (US), with LG Chem having filed approximately 19 patents. Patenting activities related to graphene for battery applications have been increasing at a high rate every year. These increase in patent filings create immense opportunity for the market growth of graphene batteries in various end-use industries.
The automotive end-use industry segment is estimated to account for the largest share of the graphene battery market in 2021.
By end-use industry, the automotive segment is estimated to account for the largest share of the market in 2021. The need for high power and energy density has created a demand for reliable and safe batteries for industries such as automotive and consumer electronics, ultimately driving the growth of the graphene battery market. Graphene batteries are used in electric vehicles in the automotive industry. The automotive segment is forecasted to have the highest growth rate owing to the rise in the demand for electric vehicles.
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, graphene batteries are used in consumer electronics and electric vehicles. Europe is estimated to have the second-largest share of the global graphene battery market in 2021.
