The lithium silicon battery market is forecasted to grow by USD 31 mn during 2023-2028, accelerating at a CAGR of 30.7% during the forecast period. The report on the lithium silicon battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand from consumer electronics for lithium silicon battery, increasing launch of evs, and increasing demand for battery storage in renewable sector.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
23.6%
CAGR
30.7%
Incremental Value
$31 mn
Technavio's lithium silicon battery market is segmented as below:
By Material
Nanostructured silicon anode
Si-based carbon composite anode
By Application
Aerospace
Consumer electronics
Automotive
Others
By Geographical Landscape
North America
APAC
Europe
South America
Middle East and Africa
This study identifies the decline in lithium battery price as one of the prime reasons driving the lithium silicon battery market growth during the next few years. Also, increasing focus on battery recyclability and rising adoption of wearable technology will lead to sizable demand in the market.
The report on the lithium silicon battery market covers the following areas:
Lithium Silicon Battery Market sizing
Lithium Silicon Battery Market forecast
Lithium Silicon Battery Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium silicon battery market vendors that include 3M Co., Amprius Technologies Inc., California Lithium Battery, CONNEXX SYSTEMS Corp., Enevate Corp., Enovix Corp., EoCell Inc., Global Graphene Group Inc., Group14 Technologies, LG Chem Ltd., Nanospan Inc., Nexeon Ltd., OneD Battery Sciences, Panasonic Holdings Corp., Paraclete Energy Inc., Samsung SDI Co. Ltd., Sila Nanotechnologies Inc., SILIB, Targray Technology International Inc., and XG Sciences Inc.. Also, the lithium silicon battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Material
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Lithium Silicon Battery Market 2018 - 2022
Historic Market Size - Data Table on Global Lithium Silicon Battery Market 2018 - 2022 ($ million)