Global Next Generation Advanced Battery Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4520218
  • Report
  • Region: Global
  • 146 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Amec Foster Wheeler
  • Calgon Carbon Corporation
  • Esco International
  • Gea Bischoff
  • Hamon Corporation
  • Pure Air Solutions
  • MORE
Lithium-ion batteries are the most used batteries today. However, it poses challenges, such as long recharge time, high costs, short cycle life times, and safety. Li-sulfur and Li-air batteries deliver much higher specific capacities than that of commercialized layered oxide cathode materials in Li-ion batteries. Unlike Li-ion batteries being operated via intercalation chemistry, these newly developed systems show the reaction mechanism of conversion chemistry, and this enables delivering higher reversible capacities.

Lithium-sulfur batteries are attractive candidates for post-Li-ion battery systems, offering both superior theoretical capacities, and thus, high energy densities. However, their practical application is hampered by several severe challenges. Battery modeling and simulation helps manufacturers analyze operating conditions and design parameters for batteries and other electrochemical systems, and processes to understand how they affect battery life and performance.

The Growth in Electronic Gadgets and Electric Vehicles will drive the Market

The emerging market for electronic gadgets and progress in electric vehicles provides huge potential for next-generation advanced batteries. The next generation of portable electronic devices, which could revolutionize the smart communication access and control in very large domain of applications are required to be unbreakable and bendable. Consequently, the components of such products as the display, the electronic circuit board, and also the embedded power source have to offer flexible and resistant structure.

Lithium cells are known to suffer from safety and lifetime issues upon abuse, particularly overcharge/over discharge, following which energetic venting, ignition, and even explosion can occur. Current protection methods of using electronic controls add significant weight and volume to the pack. The use of internal shutdown mechanisms reduces the usable capacity and adds to the burden of the remaining cells in parallel circuits. With the growing demand of EV and grid storage, the existing Li-ion battery market worldwide is expected to grow rapidly by 2020.

Asia-Pacific to show Rapid Growth

The growing demand for portable devices, such as mobile phones, portable chargers, watch and clock batteries, and cameras, is boosting the demand for lithium batteries on a global scale. Global investment in the battery supply chain and the need for cheaper batteries is being driven by the emergence of the Electric Vehicle (EV). This growing market has been pioneered by Tesla in recent years, but the larger catalyst for global mass market uptake of EV technology is China, where government subsidies are in place for both passenger EV vehicles and commercial EV’s (buses and small trucks). The increase in battery capacity of China is primarily done to meet the overwhelming demand from the EV market. The local battery suppliers are aggressively expanding their capacities. Global battery manufacturers, like Panasonic, LG, and Samsung, have all announced capacity expansion plans in China, in the coming years.

Key Developments in the Market
  • February 2018: Boeing invested in Next-generation Battery Technology, which represents Boeing HorizonX Ventures’ first step into the energy storage market.
The major players include - Mitsubishi Hitachi Power Systems Limited, Thermax Ltd, Amec Foster Wheeler, Babcock & Wilcox Enterprises Inc., Ducon Technologies Inc., General Electric, Fujian Longking Co. Ltd, amongst others.

Reasons to Purchase this Report
  • Current and future global next generation advances battery market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in excel)
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amec Foster Wheeler
  • Calgon Carbon Corporation
  • Esco International
  • Gea Bischoff
  • Hamon Corporation
  • Pure Air Solutions
  • MORE
1. Executive Summary

2. Research Methodology

3. Market Overview
3.1 Introduction
3.2 Market Size and Demand Forecast until 2023
3.3 Recent Trends and Developments

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities

5. Supply Chain Analysis

6. Industry Attractiveness - Porter’s Five Forces Analysis
6.1 Bargaining Power of Suppliers
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitutes
6.5 Intensity of Competitive Rivalry

7. Market Segmentation and Analysis (Overview, Market Size, and Demand Forecast until 2023)
7.1 By technology
7.1.1 Ultracapacitor
7.1.2 Lithium Sulfur Battery
7.1.3 Solid Electrolyte Battery
7.1.4 Magnesium Ion Battery
7.1.5 Next-Generation Flow Battery
7.1.6 Metal Air Battery
7.2 By Application
7.2.1 Transportation
7.2.2 Stationary Storage
7.2.3 Portable Storage

8. Regional Market Analysis (Overview, Market Size, and Demand Forecast until 2023)
8.1 North America
8.1.1 United States
8.1.2 Canada
8.1.3 Mexico
8.2 Asia-Pacific
8.2.1 India
8.2.2 China
8.2.3 Japan
8.2.4 Rest of Asia-Pacific
8.3 Europe
8.3.1 Germany
8.3.2 Italy
8.3.3 United Kingdom
8.3.4 France
8.3.5 Rest of Europe
8.4 South America
8.4.1 Brazil
8.4.2 Argentina
8.4.3 Chile
8.4.4 Rest of South America
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 South Africa
8.5.3 UAE
8.5.4 Rest of Middle East & Africa

9. Key Company Analysis* (Overview, Products & Services, Financials**, Recent Development, and Analyst View)
9.1 Mitsubishi Hitachi Power Systems Limited
9.2 Thermax Ltd
9.3 Amec Foster Wheeler
9.4 Babcock & Wilcox Enterprises Inc.
9.5 Ducon Technologies Inc.
9.6 General Electric
9.7 Fujian Longking Co. Ltd
9.8 Siemens AG
9.9 Gea Bischoff
9.10 Hamon Corporation
9.11 Esco International
9.12 Horiba Ltd
9.13 Calgon Carbon Corporation
9.14 Pure Air Solutions
9.15 Tri-mer
9.16 Andritz Ag

10. Competitive Landscape
10.1 Mergers and Acquisitions
10.2 Joint Ventures, Collaborations, and Agreements
10.3 Strategies Adopted by Leading Players

11. Disclaimer
**Subject to Availability on Public Domain
*List of companies is not exhaustive
Note: Product cover images may vary from those shown
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  • Mitsubishi Hitachi Power Systems Limited
  • Thermax Ltd
  • Amec Foster Wheeler
  • Babcock & Wilcox Enterprises Inc.
  • Ducon Technologies Inc.
  • General Electric
  • Fujian Longking Co. Ltd
  • Siemens AG
  • Gea Bischoff
  • Hamon Corporation
  • Esco International
  • Horiba Ltd
  • Calgon Carbon Corporation
  • Pure Air Solutions
  • Tri-mer
  • Andritz Ag
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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