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Materials for Energy Storage--R&D Management (Technical Insights)
Frost & Sullivan, March 2010, Pages: 69
This research service provides a detailed insight into the overall developments in the energy storage materials' domain. The service starts off with an overview of the energy storage applications followed by a detailed description of the industry drivers and challenges substantiated with the governmental support in this realm. A strategic evaluation of the possible initiatives has been provided along with a comprehensive evaluation of the overall patents and their impact on specific applications in energy storage. Strategic recommendations based on innovations, commercialization, new product development and Intellectual Property (IP) protection completes the study.
This Frost & Sullivan research service titled Materials for Energy Storage: R&D Management provides detailed insights into the overall development of the energy storage materials' market based on industrial requirement and comprehensive patent analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine nanotechnology for all application segments.
This analysis is available through our Technical Insights program. With this program, clients receive industry-leading market research along with comprehensive, objective information that allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.
Technology Overview
Continuous R&D in Energy Storage to Pave Way for the Development of Innovative and Efficient Energy Storage Applications
Besides focusing on satisfying energy demands, researchers are also exploring the prospect of environment-friendly sources of energy. However, such a difficult task can only be achieved by engaging in continuous and dedicated R&D in the energy storage segment. While sustainable power generation continues to be a challenge, the efficient storage of this generated power is a priority for the research community. Therefore, the current research on energy storage materials aims at developing existing technologies that increase energy storage efficiency and innovating novel materials that allow energy storage in various forms.
“Consumers in the electronics and transportation segments are wary of the limitations of conventional energy storage technologies in reducing pollution,” notes the analyst of this research. “This environmental aspect in conjunction with the possible stringent regulations of various governing councils has aided the development of nanomaterials for energy storage applications.” Consumer demand for hybrid electric vehicles is on the rise due to the environmental benefits associated with these vehicles as well as the different subsidies provided by the government.
However, all energy storage technologies are dependent on high energy density, which implies enormous amounts of energy stored within minuscule mass and volume. Such high energy density materials are anticipated to be hazardous compounds with concerns pertaining to their thermal, electrical, mechanical, and chemical stability. For example, cathode materials in lithium-ion batteries are often unstable at high temperatures and are likely to undergo exothermic degradation resulting in acceleration of ignition. “It is imperative to select and develop materials appropriately in order to successfully exhibit their desired functionality in energy storage applications,” concludes the analyst. “Moreover, maximization of effective surface area is necessary to balance the price as well as performance characteristics.”
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