Market Overview:
The global graphene battery market reached a value of US$ 68.59 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 313.28 Million by 2027, exhibiting a CAGR of 27.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Graphene is a form of carbon consisting of planar sheets that are tied up together and arranged in a honeycomb pattern. It is an excellent conductor of thermal and electrical energy. Lithium-sulfur, lithium-ion and lead-acid are some of the commonly used graphene batteries. They are widely used in nuclear power plants, electrically powered vehicles, smartphones, laptops, tablets and personal computers (PCs). Graphene batteries exhibit various properties, such as durability, high flexibility, strength, low weight and chemically inert. As compared to regular batteries, graphene batteries offer enhanced performance, shorter charging times, increased energy output and are suitable for high-capacity energy storage. As a result, they find extensive application across various industries, such as defense, automobile, aerospace, energy and electronics.
Graphene Battery Market Trends:
The significant growth in the automotive industry across the globe is creating a positive outlook for the market. Graphene batteries are widely used in vehicles to enhance efficiency and reduce weight. In line with this, the increasing demand for electric vehicles (EVs) due to the rising environmental consciousness is favoring the market growth. Graphene batteries aid in increasing the electrical conductivity sustainability and providing a more efficient storage platform for clean and renewable energy sources. Moreover, manufacturers are adopting supercapacitors as it increases the operating life of the product and exhibits superior charging abilities and greater shelf life, which, in turn, is providing an impetus to the market growth. Additionally, the widespread product adoption in portable electronic devices as they offer greater flexibility, enhanced workflows and improved communications are positively impacting the market growth. Apart from this, increasing product utilization in industrial applications and the implementation of various government initiatives toward the adoption of low emission batteries are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global graphene battery market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on battery type and application.
Breakup by Battery Type:
- Lithium-ion Graphene Battery
- Lithium-Sulphur Graphene Battery
- Graphene Supercapacitor
- Lead-acid Graphene Battery
Breakup by Application:
- Automotive
- Electronics
- Energy
- Aerospace and Defense
- Industrial Robotics
- Healthcare
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Cabot Corporation, Elcora Advanced Materials Corp., Global Graphene Group, Graphenano s.l., Graphene Batteries AS, Hybrid Kinetic Group Limited, Nanotech Energy Inc. and XG Sciences Inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Million |
Segment Coverage |
Battery Type, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Cabot Corporation, Elcora Advanced Materials Corp., Global Graphene Group, Graphenano s.l., Graphene Batteries AS, Hybrid Kinetic Group Limited, Nanotech Energy Inc. and XG Sciences Inc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global graphene battery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global graphene battery market?
- What are the key regional markets?
- What is the breakup of the market based on the battery type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global graphene battery market and who are the key players?
- What is the degree of competition in the industry?