Global Sodium Ion Battery Market Size study & Forecast, by Application (Residential, Commercial, Industrial), by End Use (Stationary Energy Storage, Transportation) and Regional Analysis, 2023-2030

Description

List of Tables

Global Sodium Ion Battery Market is valued approximately USD 0.35 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 1.5% over the forecast period 2023-2030. Sodium ion batteries are a practical choice for power storage because sodium ions are a highly active and effective charge carrier. The sodium-ion battery is distinguished by its reversibility, good electrochemical characteristics, quick response time, and other characteristics. The main raw materials utilised in sodium-ion batteries include electrolyte material, barrier material, encapsulating material & separators, and other materials. Electronics end users frequently utilise sodium ion batteries in LED torches. Additionally, the usage of sodium ion batteries for power storage applications is expanding quickly across a range of end-use industries, from automotive and industrial to household electrical and electronics. Energy storage services have expanded as a result of the growing demand for renewable energy. The need for inexpensive batteries has grown as a result of the fast-growing market share of renewable energy in the business that produces electricity. The need for sodium-ion batteries has grown across the world in tandem with consumer demand, particularly in the electrical and electronic industries. Also, the rising demand for electric vehicles is anticipated to support the market growth.

Moreover, the growing demand for consumer electronics is indeed supporting the growth of the Sodium Ion Battery (NIB) market. Consumer electronics such as smartphones, tablets, laptops, and wearables require lightweight and high-performance batteries to meet the increasing power demands of these devices. Sodium-ion batteries have the potential to offer a viable alternative to traditional lithium-ion batteries due to their comparable energy density and lower cost. As a result, the demand for sodium-ion batteries in consumer electronics is expected to rise. According to Statista, in 2022, the consumer electronic market was valued USD 987.16 billion and it is anticipated to reach USD 1,118.22 billion by 2027. As a result, the growing consumer electronic industry is anticipated to support the market growth. Additionally, energy storage devices in renewable power plants and increasing demand for electric vehicles provide ample opportunities for the development of the market during the forecast period. However, the high cost of R&D operations of Sodium Ion Battery stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Sodium Ion Battery Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing due to rising energy storage demand, environmental considerations, supportive government initiatives and regulations, and rising industrial applications. North America is expected to grow significantly during the forecast period, owing to the Increasing demand for energy storage, environmental concerns and sustainability, supportive government initiatives and policies and technological advancements.

Major market player included in this report are:

Contemporary Amperex Technology Co., Ltd.
Faradion limited
Natron Energy Pvt. Ltd.
Panasonic Corporation India Pvt. Ltd.
Mitsubishi Corporation
Kishida Chemical Co., Ltd.
Zoolnasm
Ronbay Technology
HiNa Battery Technology Co., Ltd.
Natrium Energy

Recent Developments in the Market:

In January 2022, Reliance Industries announced that its subsidiary, Reliance New Energy Solar Limited, has reached a deal with Faradion (Faradion) and its shareholders to purchase all of Faradion's equity shares through secondary transactions for a total of USD 119.40 million. As part of the Dhirubhai Ambani Green Energy Giga Complex project at Jamnagar, Reliance plans to build a fully integrated energy storage Gigafactory that will utilise the most recent technology from Faradion.
In May 2022, Natron Energy, Inc. and Clarios International Inc. have formed a strategic partnership to manufacture sodium-ion batteries. When it goes into production in 2023, the Clarios International Inc. Meadowbrook plant will be the world's first and largest sodium-ion battery factory. The plant's annual capacity will be 600MW.

Global Sodium Ion Battery Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
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 product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Residential
Commercial
Industrial

By End Use:

Stationary Energy Storage
Transportation

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
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Sodium Ion Battery Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Sodium Ion Battery Market, by Application, 2020-2030 (USD Billion)
- 1.2.3. Sodium Ion Battery Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Sodium Ion Battery Market Definition and Scope

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

Chapter 3. Global Sodium Ion Battery Market Dynamics

3.1. Sodium Ion Battery Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rise in demand for renewable energy
  - 3.1.1.2. Growing Commercialization
  - 3.1.1.3. High usage of sodium ion batteries for power storage applications
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of R&D operations
- 3.1.3. Market Opportunities
  - 3.1.3.1. Energy storage devices in renewable power plants
  - 3.1.3.2. Increasing demand for electric vehicles

Chapter 4. Global Sodium Ion 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. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Sodium Ion Battery Market, by Application

5.1. Market Snapshot
5.2. Global Sodium Ion Battery Market by Application, Performance - Potential Analysis
5.3. Global Sodium Ion Battery Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Sodium Ion Battery Market, Sub Segment Analysis
- 5.4.1. Residential
- 5.4.2. Commercial
- 5.4.3. Industrial

Chapter 6. Global Sodium Ion Battery Market, by End Use

6.1. Market Snapshot
6.2. Global Sodium Ion Battery Market by End Use, Performance - Potential Analysis
6.3. Global Sodium Ion Battery Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
6.4. Sodium Ion Battery Market, Sub Segment Analysis
- 6.4.1. Stationary Energy Storage
- 6.4.2. Transportation

Chapter 7. Global Sodium Ion Battery Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Sodium Ion Battery Market, Regional Market Snapshot
7.4. North America Sodium Ion Battery Market
- 7.4.1. U.S. Sodium Ion Battery Market
  - 7.4.1.1. Application breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End Use breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Sodium Ion Battery Market
7.5. Europe Sodium Ion Battery Market Snapshot
- 7.5.1. U.K. Sodium Ion Battery Market
- 7.5.2. Germany Sodium Ion Battery Market
- 7.5.3. France Sodium Ion Battery Market
- 7.5.4. Spain Sodium Ion Battery Market
- 7.5.5. Italy Sodium Ion Battery Market
- 7.5.6. Rest of Europe Sodium Ion Battery Market
7.6. Asia-Pacific Sodium Ion Battery Market Snapshot
- 7.6.1. China Sodium Ion Battery Market
- 7.6.2. India Sodium Ion Battery Market
- 7.6.3. Japan Sodium Ion Battery Market
- 7.6.4. Australia Sodium Ion Battery Market
- 7.6.5. South Korea Sodium Ion Battery Market
- 7.6.6. Rest of Asia Pacific Sodium Ion Battery Market
7.7. Latin America Sodium Ion Battery Market Snapshot
- 7.7.1. Brazil Sodium Ion Battery Market
- 7.7.2. Mexico Sodium Ion Battery Market
7.8. Middle East & Africa Sodium Ion Battery Market
- 7.8.1. Saudi Arabia Sodium Ion Battery Market
- 7.8.2. South Africa Sodium Ion Battery Market
- 7.8.3. Rest of Middle East & Africa Sodium Ion Battery Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Contemporary Amperex Technology Co., Ltd.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Faradion limited
- 8.3.3. Natron Energy Pvt. Ltd.
- 8.3.4. Panasonic Corporation India Pvt. Ltd.
- 8.3.5. Mitsubishi Corporation
- 8.3.6. Kishida Chemical Co., Ltd.
- 8.3.7. Zoolnasm
- 8.3.8. Ronbay Technology
- 8.3.9. HiNa Battery Technology Co., Ltd.
- 8.3.10. Natrium Energy

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Sodium Ion Battery Market, report scope
TABLE 2. Global Sodium Ion Battery Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Sodium Ion Battery Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 4. Global Sodium Ion Battery Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 5. Global Sodium Ion Battery Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Sodium Ion Battery Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Sodium Ion Battery Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Sodium Ion Battery Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Sodium Ion Battery Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Sodium Ion Battery Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Sodium Ion Battery Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Sodium Ion Battery Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Sodium Ion Battery Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Sodium Ion Battery Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Sodium Ion Battery Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Sodium Ion Battery Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Sodium Ion Battery Market
TABLE 70. List of primary sources, used in the study of global Sodium Ion Battery Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

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

LIST OF FIGURES

FIG 1. Global Sodium Ion Battery Market, research methodology
FIG 2. Global Sodium Ion Battery Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Sodium Ion Battery Market, key trends 2022
FIG 5. Global Sodium Ion Battery Market, growth prospects 2023-2030
FIG 6. Global Sodium Ion Battery Market, porters 5 force model
FIG 7. Global Sodium Ion Battery Market, pest analysis
FIG 8. Global Sodium Ion Battery Market, value chain analysis
FIG 9. Global Sodium Ion Battery Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Sodium Ion Battery Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Sodium Ion Battery Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Sodium Ion Battery Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Sodium Ion Battery Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Sodium Ion Battery Market, regional snapshot 2020 & 2030
FIG 15. North America Sodium Ion Battery Market 2020 & 2030 (USD Billion)
FIG 16. Europe Sodium Ion Battery Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Sodium Ion Battery Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Sodium Ion Battery Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Sodium Ion Battery Market 2020 & 2030 (USD Billion)