Silicon Anode Battery Market, By Application (Consumer Electronics, Automotive, Industrial, Grid and Renewable Energy), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Dec 2023

Code : CMI3900

Pages :120

Formats :

Excel and PDF

Industry : Advanced Materials

Silicon Anode Battery MarketSize and Trends

Global Silicon Anode Battery Market is projected to reach around US$ 1,020.8 Million by 2030, in terms of revenue, exhibiting a CAGR of 18% during the forecast period (2023-2030).

Global Silicon Anode Battery Market- Trends

Increasing demand for healthcare electronic devices

Growing demand for silicon anode battery from healthcare electronic devices is expected to fuel the market growth over the forecast period. The growth of the market is also attributed to increasing production of various healthcare devices due to growing healthcare sector around the globe. Thus, growing demand for the product from healthcare devices is anticipated to augment the market growth.

Growing demand in grid and renewable energy sector

Rising demand for silicon anode battery from the grid and renewable energy sector is expected to accelerate the market growth over the forecast period. The growth is also attributed to the developing infrastructure of the energy sector around the globe due to growing demand for energy. Therefore, growth in the energy sector is expected to augment the market growth of the silicon anode battery.