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Global Nanowire Battery Market Forecasts: 35.7% CAGR to 2026

Nanowire Battery Market
Press Release

A fresh report titled Nanowire Battery Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 122 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

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The Nanowire Battery Market is estimated to grow from US$ 53 Million in 2021 to US$ 243 Million by 2026, at a CAGR of 35.7%.

Major Vendors profiled in the Nanowire Battery Market include are Amprius (US), Sila Nanotechnologies (US), OneD Material (US), Nexeon (UK), NEI Corporation (US), XG Sciences (US), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), Enevate (US), ACS Materials (US), Novarials Corporation (US), Boston Power (US), Lithium Werks (Netherlands), Targray (Canada).

Nanowire battery market for silicon is expected to grow at the highest CAGR during the forecast period. Silicon has emerged as the most promising anode material owing to its high charge retention capacity, low discharge capacity, and low cost. Silicon enables fast charging and lasts longer than lithium-ion batteries. Need for a longer battery lifetime and faster recharging time are the growing trends in the existing battery ecosystem.

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The nanowire battery market in the medical devices industry is expected to grow at the highest CAGR during the forecast period. Nowadays, innovations are taking place in the healthcare industry. Advanced battery-operated medical devices, such as pacemakers and hearing aids, are being designed to improve the overall health and well-being of their users. However, these implantable devices use lithium-ion batteries as power sources, which present a considerable number of safety issues to the patients.

North America is expected to lead the nanowire battery market from 2021 to 2026. The high adoption rate of EVs in the US, increasing emphasis on power generation from renewable energy sources, and the presence of a favorable startup ecosystem are key factors driving the growth of the nanowire battery market in North America. In April 2019, Sila Nanotechnologies (US), a leading nanowire battery manufacturing startup, raised venture funding of USD 170 million.

Report Highlights:

  • To strategically analyze micro markets with regard to individual growth trends, prospects, and contributions to the total market
  • To analyze the major growth strategies implemented by the key market player, such as agreements, partnerships, joint ventures, and product launches
  • To forecast the market size, in terms of value, by region—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To describe and forecast the nanowire battery market, in terms of value, by material type and industry
  • To provide detailed information regarding components of a nanowire battery
  • To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To provide a comprehensive overview of the value chain of the nanowire battery ecosystem
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders

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Competitive Landscape of Nanowire Battery Market:

1 Overview

2 Market Ranking Analysis for Nanowire Battery Manufacturers

3 Competitive Leadership Mapping

3.1 Visionary Leaders

3.2 Innovators

3.3 Dynamic Differentiators

3.4 Emerging Companies

4 Strength of Product Portfolio

5 Business Strategy Excellence

6 Competitive Situations and Trends

6.1 Agreements, Partnerships, and Joint Ventures

6.2 Product Launches

6.3 Expansions

6.4 Contracts

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