The global “Sodium-Ion Battery Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Sodium-Ion Battery Market Size, Share and Global Trend By Technology (Sodium Sulfur Battery, Sodium Salt Battery, Sodium Air Battery), By End-Use (Residential, Utility, Commercial, Industrial, Transport Sector) and Geography Forecast till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Sodium-Ion Battery Market share, types, applications, growth factor, key players and regions.
Key Industry Development:
In May 2019, Kim Carr, an Australian Minister announced funds for the research and development, manufacturing facilities and business grants among others. The allotted funds were US$ 2 million for the sodium ion battery manufacturing plant, US$ 30 million for R&D in the electric vehicle industry, and US$ 25 million for companies making components as a business grant.
- A comprehensive overview of the Sodium-Ion Battery Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Sodium-Ion Battery Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
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List of Top Key Manufacturers for Sodium-Ion Battery Market:
- Natron Energy
- Tiamat Energy
- NEI Corporation
- HiNa Battery Technology Co., Ltd
- Haldor Topsoe A/S
- AGM Batteries Limited
“Increasing Adoption of Electric Vehicles to Spur the Market in North America”
North America is a leading region having ambitious targets to curb carbon emissions. As a result, the region is witnessing a high rate of adoption of electric vehicles and solar and wind power installations, augmenting the market for sodium-ion batteries in the process. Large-scale renewable energy capacity enhancement in India and China will give Asia-Pacific a commanding grip on the global sodium-ion market share in the approaching decade.
In Europe, the primary driver is expected to be the fast-paced switch to clean energy-based power generation, especially in Western Europe. A rapidly rising demand for electricity will fuel the market in Latin America, while heavy investments in solar power will provide the necessary fodder for the market in the Middle East.
Some of the Key Questions Answered in this Report:
- Detailed Overview of Sodium-Ion Battery Market will help deliver clients and businesses making strategies.
- Influencing factors that are thriving demand and latest trends running in the market.
- Sodium-Ion Battery Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Sodium-Ion Battery Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Sodium-Ion Battery Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Sodium-Ion Battery Market demand?
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Regional Analysis for Sodium-Ion Battery Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
The Sodium-Ion Battery Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for Sodium-Ion Battery Market Research Report:
- Executive Summary
- Market Dynamics
- Key Sodium-Ion Battery Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Sodium-Ion Battery Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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