Global Next-Generation advanced battery Market Size study & Forecast, by Technology by End-use and Regional Analysis, 2022-2029

PUBLISHED: May 9, 2023

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Global Next-Generation advanced battery Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The global next-generation advanced battery market refers to the market for advanced battery technologies that are used in a variety of applications such as electric vehicles, grid storage systems, consumer electronics, and industrial applications. These batteries offer higher energy density, longer life, faster charging times, and improved safety compared to traditional batteries. The market is driven by the increasing demand for energy storage solutions and the growing adoption of electric vehicles. The need for renewable energy sources and the shift towards sustainable energy are also driving the growth of the next-generation advanced battery market. Moreover, high government support and rising initiatives by the key market players is creating lucrative growth opportunity for the market over the forecast period 2022-2029.

China is the largest market for electric vehicles, with more than 4 million electric vehicles on the road in 2020. The Chinese government has set ambitious targets for electric vehicle adoption, with the aim of having electric vehicles account for 20% of new car sales by 2025. Moreover, Norway has the highest per capita adoption of electric vehicles in the world, with electric vehicles accounting for more than 50% of new car sales in 2020. The Norwegian government has offered incentives for electric vehicle purchases and has invested in charging infrastructure to support electric vehicle adoption. Along with this, the United States is the second-largest market for electric vehicles, with more than 1 million electric vehicles on the road in 2020. The Biden administration has set a goal of having 50% of new car sales be electric vehicles by 2030 and has proposed significant investments in electric vehicle infrastructure and research and development. However, the high cost of Next-Generation advanced battery stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Next-Generation advanced battery Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North American market for next-generation advanced batteries is driven by the increasing adoption of electric vehicles and the need for energy storage solutions in the region. The United States has the largest market for electric vehicles in North America, with major automakers investing in research and development of advanced battery technologies. The growth of the energy storage market in the region is also driving the demand for advanced batteries. The Asia Pacific region is the largest market for next-generation advanced batteries, driven by the increasing demand for electric vehicles and renewable energy sources. China, Japan, and South Korea are the major players in the region, with significant investments in research and development and production capabilities. China is the largest market for electric vehicles, which is driving the growth of the advanced battery market in the region.

Major market players included in this report are:

Sion Power Corporation
Contemporary Amperex Technology Co. Ltd
PolyPlus Battery Co. Inc.
GS Yuasa Corporation
Saft Groupe SA.
Tesla
LG Chem
BYD Company Ltd.
Panasonic Corporation
Samsung SDI Co

Recent Developments in the Market:

According to the Bipartisan Infrastructure Law, the US Department of Energy declared in February 2022 that it would contribute USD 2.91 billion to increase the production of advanced batteries used in stationary energy storage systems and electric cars.
Mercedes-Benz and ProLogium signed a technology cooperation deal in January 2022 to create battery cells of the future. By 2030, Mercedes-Benz wants to be completely electrified. ProLogium is expected to be a strong partner for Mercedes Benz given its expertise in solid-state battery R&D and manufacturing.

Global Next-Generation advanced battery Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, End-use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Technology:

Solid Electrolyte Battery
Magnesium Ion Battery
Next-generation Flow Battery
Metal-Air Battery
Lithium-Sulfur Battery
Other Technologies

By End-use:

Consumer Electronics
Transportation
Industrial
Energy Storage
Other End Users

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Next-Generation advanced battery Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Next-Generation advanced battery Market, by Technology, 2019-2029 (USD Billion)
- 1.2.3. Next-Generation advanced battery Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Next-Generation advanced battery Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Next-Generation advanced battery Market Dynamics

3.1. Next-Generation advanced battery Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for energy storage solutions
  - 3.1.1.2. Growing adoption of electric vehicles
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Next-Generation advanced battery
- 3.1.3. Market Opportunities
  - 3.1.3.1. High government support
  - 3.1.3.2. Rising initiatives by the key market players

Chapter 4. Global Next-Generation advanced battery Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Next-Generation advanced battery Market, by Technology

6.1. Market Snapshot
6.2. Global Next-Generation advanced battery Market by Technology, Performance - Potential Analysis
6.3. Global Next-Generation advanced battery Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
6.4. Next-Generation advanced battery Market, Sub Segment Analysis
- 6.4.1. Solid Electrolyte Battery
- 6.4.2. Magnesium Ion Battery
- 6.4.3. Next-generation Flow Battery
- 6.4.4. Metal-Air Battery
- 6.4.5. Lithium-Sulfur Battery
- 6.4.6. Other Technologies

Chapter 7. Global Next-Generation advanced battery Market, by End-use

7.1. Market Snapshot
7.2. Global Next-Generation advanced battery Market by End-use, Performance - Potential Analysis
7.3. Global Next-Generation advanced battery Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
7.4. Next-Generation advanced battery Market, Sub Segment Analysis
- 7.4.1. Consumer Electronics
- 7.4.2. Transportation
- 7.4.3. Industrial
- 7.4.4. Energy Storage
- 7.4.5. Other End Users

Chapter 8. Global Next-Generation advanced battery Market, Regional Analysis

8.1. Next-Generation advanced battery Market, Regional Market Snapshot
8.2. North America Next-Generation advanced battery Market
- 8.2.1. U.S. Next-Generation advanced battery Market
  - 8.2.1.1. Technology breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. End-use breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Next-Generation advanced battery Market
8.3. Europe Next-Generation advanced battery Market Snapshot
- 8.3.1. U.K. Next-Generation advanced battery Market
- 8.3.2. Germany Next-Generation advanced battery Market
- 8.3.3. France Next-Generation advanced battery Market
- 8.3.4. Spain Next-Generation advanced battery Market
- 8.3.5. Italy Next-Generation advanced battery Market
- 8.3.6. Rest of Europe Next-Generation advanced battery Market
8.4. Asia-Pacific Next-Generation advanced battery Market Snapshot
- 8.4.1. China Next-Generation advanced battery Market
- 8.4.2. India Next-Generation advanced battery Market
- 8.4.3. Japan Next-Generation advanced battery Market
- 8.4.4. Australia Next-Generation advanced battery Market
- 8.4.5. South Korea Next-Generation advanced battery Market
- 8.4.6. Rest of Asia Pacific Next-Generation advanced battery Market
8.5. Latin America Next-Generation advanced battery Market Snapshot
- 8.5.1. Brazil Next-Generation advanced battery Market
- 8.5.2. Mexico Next-Generation advanced battery Market
8.6. Rest of The World Next-Generation advanced battery Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Sion Power Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Contemporary Amperex Technology Co. Ltd
- 9.2.3. PolyPlus Battery Co. Inc.
- 9.2.4. GS Yuasa Corporation
- 9.2.5. Saft Groupe SA.
- 9.2.6. Tesla
- 9.2.7. LG Chem
- 9.2.8. BYD Company Ltd.
- 9.2.9. Panasonic Corporation
- 9.2.10. Samsung SDI Co

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Next-Generation advanced battery Market, report scope
TABLE 2. Global Next-Generation advanced battery Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Next-Generation advanced battery Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 4. Global Next-Generation advanced battery Market estimates & forecasts by End-use 2019-2029 (USD Billion)
TABLE 5. Global Next-Generation advanced battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Next-Generation advanced battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Next-Generation advanced battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Next-Generation advanced battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Next-Generation advanced battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Next-Generation advanced battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Next-Generation advanced battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Next-Generation advanced battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Next-Generation advanced battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Next-Generation advanced battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Next-Generation advanced battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Next-Generation advanced battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Next-Generation advanced battery Market
TABLE 70. List of primary sources, used in the study of global Next-Generation advanced battery Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Next-Generation advanced battery Market, research methodology
FIG 2. Global Next-Generation advanced battery Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Next-Generation advanced battery Market, key trends 2021
FIG 5. Global Next-Generation advanced battery Market, growth prospects 2022-2029
FIG 6. Global Next-Generation advanced battery Market, porters 5 force model
FIG 7. Global Next-Generation advanced battery Market, pest analysis
FIG 8. Global Next-Generation advanced battery Market, value chain analysis
FIG 9. Global Next-Generation advanced battery Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Next-Generation advanced battery Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Next-Generation advanced battery Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Next-Generation advanced battery Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Next-Generation advanced battery Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Next-Generation advanced battery Market, regional snapshot 2019 & 2029
FIG 15. North America Next-Generation advanced battery Market 2019 & 2029 (USD Billion)
FIG 16. Europe Next-Generation advanced battery Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Next-Generation advanced battery Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Next-Generation advanced battery Market 2019 & 2029 (USD Billion)
FIG 19. Global Next-Generation advanced battery Market, company Market share analysis (2021)