Graphene batteries are one of the fastest energy-storing solutions available, globally. Graphene utilized as electrode material in batteries needs to be of high quality, that is, single to few layered graphene. Graphene is an effective conductor, extremely lightweight, highly flexible with a large surface area, and an excellent material for high-capacity energy storage batteries. Battery manufacturers focus on the commercialization of graphene to deliver highly efficient batteries in the coming years for products such as electric vehicles, portable electronics, healthcare equipment, aerospace & defense electronic devices, energy-storing batteries, and industrial robotics gadgets. Intensive R&D activities are underway to deliver revolutionary, innovative, and cost-effective products, such as graphene-based supercapacitors, lithium-sulphur batteries, and graphene-powered solar panels. The graphene market is expected to witness an exponential growth owing to drivers such as increase in sales of electric vehicle, rise in portable electronics market, and need for the adoption of non-conventional energy resources.
The world graphene battery market is segmented on the basis of type of battery, industry, and geography. On the basis of battery typeis divided into Li-ion battery, Li-sulphur battery, supercapacitors, and lead-acid battery. The Li-ion battery segment dominates the market owing to higher energy density, relatively low self-discharge, low maintenance, and provision of high current for applications like power tools.
On the basis of industry, it is classified into automotive, electronics, energy, aerospace & defense, industrial robotics, and healthcare. Geographically, the market is as analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe is projected to account for the highest market share in 2016 due to the significant R&D in product innovations, presence of major high-quality graphene manufacturers, and rising automotive electric vehicle & portable electronics market. In addition, the Asia-Pacific is expected to emerge as the most lucrative market with highest growth potential owing to the booming application industries such as automotive, electronics, and industrial robotics.
Key players operating in the world graphene battery market are Cabot Corporation, NanoXplore Inc., Graphene 3D Lab Inc., Graphenano s.l, SiNode Systems Inc., Graphene NanoChem PLC, XG Sciences Inc., Cambridge Nanosystems Ltd, Graphenea S.A., and Vorbeck Materials.
The study provides an in-depth analysis of the world graphene battery market, with current trends and future estimations to elucidate the imminent investment pockets.
The report provides a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
Extensive analysis by industries helps in understanding the various industries utilizing graphene-based battery as their energy source.
Competitive intelligence highlights the business practices followed by leading players across various regions.
SWOT analysis studies the internal environment of leading companies for effective strategy formulation.
GRAPHENE BATTERY MARKET SEGMENTS:
Li- Sulphur Battery
Aerospace & Defense
Rest of Europe
Rest of Asia-Pacific
1.1 Report Description
1.2 Key benefits
1.3 Key Market Segments
1.4 Key Audiences
1.5 Research Methodology
1.5.1 Secondary research
1.5.2 Primary research
1.5.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO Perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 Key findings
3.2.1 Top factors impacting the market
22.214.171.124 Exponential growth in sales of electric vehicles
126.96.36.199 Thriving portable electronics market
188.8.131.52 Increasing demand for adoption of non-conventional energy resources
184.108.40.206 Graphene battery market- in commercialization process
220.127.116.11 High cost of raw material
18.104.22.168 Lack of awareness of the technology
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porters five force analysis
3.3.1 Limited number of raw material suppliers leads to high bargaining power of suppliers
3.3.2 High dependence on the raw material suppliers leads to low bargaining power of buyers
3.3.3 Market being in commercialization leads to high threats from the new entrants
3.3.4 Variations in the technology of manufacturing methods leads to high threats from quality manufacturing techniques by different companies
3.3.5 Limited competitors lead to less rivalry
3.4 Value chain analysis
3.4.1 Raw Material
3.5 Case Studies
3.6 Market Dynamics
22.214.171.124 Rise in sales of electric vehicles
126.96.36.199 Thriving portable electronics market
188.8.131.52 Lack of awareness of Graphene battery technology
184.108.40.206 market- in commercialization process
220.127.116.11 Increasing government investment in R&D
CHAPTER 4 WORLD GRAPHENE BATTERY MARKET, BY TYPE
4.2 Li-Ion Battery
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.4 Lead-acid Battery
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
4.5 Li-sulphur Battery
4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast
CHAPTER 5 WORLD GRAPHENE BATTERY MARKET, BY INDUSTRY
5.2.1 Key market Trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.4.1 Key Trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.5 Aerospace and Defense
5.5.1 Key Trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast
5.6 Industrial Robotics
5.6.1 Key Trends
5.6.2 Key growth factors and opportunities
5.6.3 Market size and forecast
5.7.1 Key Trends
5.7.2 Key growth factors and opportunities
5.7.3 Market size and forecast
CHAPTER 6 WORLD GRAPHENE BATTERY MARKET BY GEOGRAPHY
6.2 North America
6.2.1 Key trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast
6.3.1 Key trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast
6.3.8 Rest of Europe
6.4.1 Key trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast
6.4.8 Rest of Asia-Pacific
6.5.1 Key trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast
6.5.5 Middle East
6.5.6 Latin America
CHAPTER 7 COMPANY PROFILES
7.1 Cabot Corporation
7.1.1 Company Overview
7.1.2 Company Snapshot
7.1.3 Operating Business Segments
7.1.4 Business Performance
7.1.5 Key Strategic Moves and Developments
7.1.6 SWOT analysis
7.2 NanoXplore Inc.
7.2.1 Company Overview
7.2.2 Company Snapshot
7.2.3 Operating Business Segments
7.2.4 Business Performance
7.2.5 Key Strategic Moves and Developments
7.2.6 SWOT analysis
7.3 Graphene 3D Lab Inc.
7.3.1 Company Overview
7.3.2 Company Snapshot
7.3.3 Operating Business Segments
7.3.4 Key Strategic Moves and Developments
7.3.5 SWOT analysis
7.4 Graphenano s.l.
7.4.1 Company Overview
7.4.2 Company Snapshot
7.4.3 Operating Business Segments
7.4.4 Key Strategic Moves and Developments
7.4.5 SWOT analysis
7.5 SiNode Systems, Inc.
7.5.1 Company Overview
7.5.2 Company Snapshot
7.5.3 Operating Business Segments
7.5.4 Key Strategic Moves and Developments
7.5.5 SWOT analysis
7.6 Graphene NanoChem PLC
7.6.1 Company Overview
7.6.2 Company Snapshot
7.6.3 Operating Business Segments
7.6.4 Business Performance
7.6.5 Key Strategic Moves and Developments
7.6.6 SWOT analysis
7.7 XG Sciences, Inc.
7.7.1 Company Overview
7.7.2 Company Snapshot
7.7.3 Operating Business Segments
7.7.4 Business Performance
7.7.5 Key Strategic Moves and Developments
7.7.6 SWOT analysis
7.8 Cambridge Nanosystems Ltd
7.8.1 Company Overview
7.8.2 Company Snapshot
7.8.3 Operating Business Segments
7.8.4 Business Performance
7.8.5 Key Strategic Moves and Developments
7.8.6 SWOT analysis
7.9 Graphenea S.A.
7.9.1 Company Overview
7.9.2 Company Snapshot
7.9.3 Operating Business Segments
7.9.4 Business Performance
7.9.5 Key Strategic Moves and Developments
7.9.6 SWOT analysis
7.10 Vorbeck Materials Corp.
7.10.1 Company Overview
7.10.2 Company Snapshot
7.10.3 Operating Business Segments
7.10.4 Business Performance
7.10.5 Key Strategic Moves and Developments
7.10.6 SWOT analysis
The graphene battery market is driven by the benefits of quick charging capacity, increased charge cycles, effectiveness in high temperatures, and extended duration to hold charge. The rising number of prospective application areas for graphene batteries, coupled with their increasing adoption in automotive industry, is expected to boost the market growth. However, lack of awareness about the technological potential and high cost of graphene electrode material are the limitations that would restrict the market growth.
Graphene is an excellent substrate for anchoring lithium battery anode and cathode materials to generate high energy & density, flexible, stretchable, quick charging, and long-lasting batteries. The lithium-ion batteries segment would account for over 70% of the overall market revenue in 2016, as these would be the most suited graphene-based batteries for electric vehicles, industrial robots, and portable electronics. In addition, lithium-sulphur batteries are projected to grow at a CAGR of 34.7% during the forecast period. The growth would be driven by the growing demand for lightweight and long-lasting batteries with reduced decay during charge cycles.
Among the various user industries, automotive industry is projected to maintain its lead throughout the analysis period, due to rise in sales of electric vehicles and new technology adoption for vehicles starter batteries. The booming electric vehicle market driven by strict emission standards, reduction in battery prices, government initiatives and increasing consumer awareness would significantly drive the graphene battery market. The projected increasing demand of graphene-based lithium-ion batteries for electric vehicles in the developed economies of North America and Europe as well developing countries such as China would boost the market growth.
Presently, Europe dominates the market is terms of graphene production, as majority of graphene material suppliers are located in this region. Europe would account for majority of market revenue in 2016, and is expected to maintain its dominance till 2020. Asia-Pacific would surpass the European market by 2021 to emerge as the market leader. This would be attributable to rise in sales of electric vehicles, and growth of aerospace market, which includes UAVs, USV, and small satellites such as Cubesat and Nanosat in the region.
The fundamental properties of Graphene make it a promising material for a multitude of applications. Graphene has accumulated great interest for supercapacitors and batteries because of its very high surface area. Graphene market is small but fast growing and the key companies will be collaborating with other companies, mainly battery manufactures and integrators, to compete in the market, stated Bhawna Kohli, Manager Research at AMR. She further added that, Graphene finds its main application in automotive, electronics, aerospace & defense and industrial robotics. Graphene based batteries have a potential future as Graphene electrodes will find application in the progress of other battery chemistries. For example, an aluminum-ion battery was recently developed that can be fully charged in under one minute because of the ultrafast ion intercalation into 3D Graphene foams.
Asia-Pacific is projected to be the fastest growing region throughout the analysis period, with China being the dominant market. The growth of the market in the region would be fueled by factors such as increase in defense budget, rise in sales of electric vehicles, improvement in healthcare infrastructures, and growth in expenditures in emerging markets (such as India, Japan, and China) to adopt non-conventional sources of energy. Technological advancements for low cost and high-quality graphene electrode material in these nations offer lucrative opportunity for the graphene battery market growth.
Key findings of Graphene Battery Market:
In the year 2016, Li-ion batteries would lead the market revenue, followed by the supercapacitors segment.
Supercapacitors segment is expected to grow at the highest CAGR of over 40%, owing to quick charging and discharging capabilities.
The automotive industry is projected to generate the largest revenue by industry, followed by the electronics industry.
China would be the major shareholder, accounting for about 42% of the Asia-Pacific graphene battery market revenue in 2016.
Key players in the graphene battery market focus on expanding their business operations in fast-growing emerging countries, with new product launches as a preferred strategy. The major players profiled in this report include Graphenano s.l, SiNode Systems, Inc., Graphene NanoChem PLC, Angstron Materials Inc., XG Sciences, Inc, Vorbeck Materials, Graphene 3D Lab Inc., NanoXplore Inc., Graphene Batteries AS, and Cambridge Nanosystems Ltd.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.