An Increase in demand for higher energy density and faster charging Globally to Bolster the Growth of the Market

Published: Jan 2024

The global silicon anode battery market is anticipated to grow at a CAGR of 9.9% during the forecast period (2023-2030). An increase in the adoption of using silicon instead of graphite for higher energy density and faster charging drives the growth of the market. The use of silicon-based anodes, that are associated with fast reaction kinetics and rapid Li+ diffusion, has great potential to render LIBs suitable for public use.  Silicon anode battery batteries have gained substantial attention owing to their potential to revolutionize various sectors, including consumer electronics, electric vehicles, and renewable energy storage. The continuous advancements in robotics technology, including developments in artificial intelligence, machine learning, and sensor technologies, present significant opportunities for the global silicon anode battery market.

Browse the full report description of “Silicon Anode Battery Market Size, Share & Trends Analysis Report by Capacity (Less than 1500 mAh, 1500 mAh to 2500mAh and Above 2500 mAh), and by Application (Consumer Electronics, Automobile, Medical Devices, Industrial and Energy Harvesting), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/silicon-anode-battery-market

lithium-silicon cells not only charge more efficiently but also maintain their performance over the vehicle's lifetime. high-performance cells that are not only compact and lightweight but also robust enough for continuous use under 5-minute extreme fast charging. For instance, in October 2023, Ionblox, an innovator in battery technology, launched its extremely fast-charging lithium-silicon cells designed for electric vehicles (EVs). Leveraging the superior energy storage capability of silicon, the company's new cells dramatically reduce charging times while extending driving range, offering EV manufacturers a significant leap in performance and efficiency.

New manufacturing capacity for SiFAB is enabling meet growing demand from customers across a wide range of industries, including electric vehicles, renewable energy storage, and consumer electronics.  For instance, in March 2023, Alkegen launched of its revolutionary silicon fiber anode material platform, SiFAB, into commercial production. The company’s new SiFAB production line is an extension of its established large-scale manufacturing facility in New Carlisle, Indiana.

Silicon anode materials, NEO will be able to respond more efficiently to the various needs of battery materials that are compatible with the lithium-ion battery cell system. For instance, in December 2021, NEO Battery Materials launched 3 Silicon Anode Material Products "NBMSiDE" for High-Performance Lithium-Ion Batteries. The three types of products are manufactured through NEO's proprietary nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Capacity

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Amprius Technologies, BTR New Material Group Co., Ltd., Enovix Corp., NanoXplore Inc., Panasonic Corp., and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Silicon Anode Battery Market Report Segment

By Capacity

  • Less than 1500 mAh
  • 1500 mAh to 2500mAh 
  • Above 2500 mAh

By Application

  • Consumer Electronics
  • Automobile
  • Medical Devices
  • Industrial
  • Energy Harvesting

Global Silicon Anode Battery Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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