Home / Battery Technology / Silicon Anode Battery Market By Cell (Cylindrical, Prismatic, Pouch), By Capacity (Below 1,500 mAh, 1,500 to 2,500 mAh, Above 2,500 mAh), By Application (Electric Vehicle, Consumer Electronics, Electric Power Grids, Others) - Growth, Future Prospects And Competitive Analysis, 2022 - 2030

Silicon Anode Battery Market By Cell (Cylindrical, Prismatic, Pouch), By Capacity (Below 1,500 mAh, 1,500 to 2,500 mAh, Above 2,500 mAh), By Application (Electric Vehicle, Consumer Electronics, Electric Power Grids, Others) - Growth, Future Prospects And Competitive Analysis, 2022 - 2030


Growth in Smartphone and Electric Vehicle Demand to Boost Silicon Anode Battery Market Worldwide

Superior properties of silicon anode battery gives a promising future for battery operated electronics devices and electric vehicles. Silicon anode batteries have higher energy storage capacity and longer battery life than contemporarily used Li-ion battery. These features of silicon anode battery made it suitable for its application in smartphones, tablets, laptops, cameras, pacemakers and electric vehicles. With the expected launch of 5G cellular network technology in late 2020, the demand for smart devices will soar high. With this dynamics, the silicon anode battery market is estimated to grow with a CAGR of 31.07% during the forecast period.

Moreover, electric vehicles require a battery which can run for long hours and silicon anode battery perfectly fits this requirement. Increasing demand for electric vehicles and automotive companies such as Tesla, Nissan and Audi having fierce competition among them to grab major share of electric vehicle market is further influencing the demand for more durable and lighter silicon anode battery. Thus, furthering the growth of global silicon anode battery market.

Though the silicon anode battery market is quite confident about growth, the market contraction of smartphone driven by highly saturated markets of developed nations and slower churn in some developing economies that is expected to continue till 1H2020, until the rollout of 5G network, is expected to depreciate the growth of global silicon anode battery market during the forecast period. 

Pouch Cell Segment to have Major Market Share

Based on cell type, pouch segment accounted for nearly 50% share in terms of revenue from the global silicon anode battery market in 2020. Pouch cells are lighter, cheaper and occupies the least amount of space. These features of pouch cells made it the preferred option for use in compact application like smartphones, tablets and other consumer electronics which requires ultra-thin enclosure. Increasing use of smartphones is the major driver for pouch cell to register highest growth during the forecast period.

North America remain the Largest Regional Market

North America is one of the primary regions where 5G cellular network technology has been launched. Also, electronic devices market is highly developed in countries of the region in particular the U.S. and Canada. Battery manufacturers such as Amprius Technologies, Sila Nanotechnologies Inc. and Nanotek Instruments, Inc. have established their headquarters in the U.S. These players are also getting investment from other players for improving their current battery technology and production rate. This has helped the regional silicon anode battery manufacturers in improving their market share. For instance, in April 2021, OneD Material, LLC, disclosed its patent of new manufacturing process to produce SiNANOde anode material scaled upto 100 tons annually. Overall, in 2020, North America has bagged over 35% share of global silicon anode battery market.

Increasing Investment in Battery Technology is keeping the Market Competitive

Major players profiled in the silicon anode battery market include Amprius Technologies, Enovix, Sila Nanotechnologies Inc., Nexeon Ltd., Samsung SDI Co. Ltd., Nanotek Instruments, Inc., OneD Material, LLC, Enevate Corporation, California Lithium Battery, Targray Technology International Inc. and Panasonic Corporation among others.

The overall silicon anode battery market is consolidated with companies coming up with strategic partnership to increase their global market share. However, with the technological innovation and entrants of new players, their investment & funding and evolving partnership may shift the market towards fragmentation. For instance, in September 2021, WACKER Chemie AG renewed its strategic partnership with Nexeon Ltd. by investing an undisclosed sum and took 25% stake of the business. WACKERs’ expertise in silicon chemistry and its production of silicon based anode material will be helpful to Nexeon Ltd. for scaling-up its manufacturing volume of silicon anode material for next-generation battery. Moreover, in April 2021, Asian energy company, Bangchak, invested in Enevate Corporation that has developed a battery from silicon dominant HD-energy technology. This fresh investment will boost production volume and accelerate adoption of electric vehicle worldwide.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Silicon Anode Battery market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Silicon Anode Battery market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2020-2030
Base Year 2021
Forecast Period  2022-2030
Historical Year  2020
Unit  USD Million
Segmentation
Cell
  • Cylindrical
  • Prismatic
  • Pouch

Capacity
  • Below 1,500 mAh
  • 1,500 to 2,500 mAh
  • Above 2,500 mAh

Application
  • Electric Vehicle
  • Consumer Electronics
  • Electric Power Grids
  • Others (Drones, Robotics, Medical Devices, etc.)

 Region Segment (2020–2030; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
  • Pre Covid-19 situation
  • Post Covid-19 situation

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Silicon Anode Battery market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Silicon Anode Battery market?
  • Which is the largest regional market for Silicon Anode Battery market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Silicon Anode Battery market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Silicon Anode Battery market worldwide?
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