PUBLISHER: QYResearch | PRODUCT CODE: 1861360
PUBLISHER: QYResearch | PRODUCT CODE: 1861360
The global market for Automotive Sodium-ion Battery was estimated to be worth US$ 10.30 million in 2024 and is forecast to a readjusted size of US$ 582 million by 2031 with a CAGR of 69.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Automotive Sodium-ion Battery cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An automotive sodium-ion battery is a secondary battery (rechargeable battery) that relies primarily on sodium ions to move between the positive and negative electrodes to work. Its working principle is similar to that of a lithium-ion battery. During the charge and discharge process, Na+ is inserted and detached back and forth between the two electrodes. It has the advantages of low cost and high activity, which can reduce the cost of battery materials. It is one of the current research directions for vehicle power batteries.
Application in the automotive field begin in 2023, the statistical time of this report is from 2023.
Global key players of Automotive Sodium-ion Battery include CATL and HiNa Battery Technology, etc. The top two players hold a share about 50%. China is the largest market, has a share about 92%. In terms of product type, Layered Oxide is the largest segment, occupied for a share of about 43%, and in terms of application, Passenger Cars has a share about 100 percent.
At present, the mainstream choice for energy storage and power batteries is lithium-ion batteries, which have a long cycle life and are environmentally friendly. However, the geopolitics and scarcity of lithium resources are the biggest problems. At the same time, the safety of large-scale energy storage systems is also a problem that the industry has to deal with carefully.
As the world accelerates the pace of carbon neutrality, the contradiction between the insufficient supply of lithium mines and the rapid growth of demand has become more prominent. Therefore, sodium-ion batteries with lower cost energy storage advantages and safer performance have begun to be favored by the industry.
Sodium element is more widely distributed than lithium element in terms of resources, and domestic sodium element is more abundant than lithium element, and is easier to obtain in terms of resources. At the same time, compared with lithium iron phosphate batteries, sodium batteries can still guarantee a certain period of use during the high and low temperature period of minus 20°C to 250°C, and are less prone to fire and explosion in aspects such as overcharge, overdischarge, short circuit, and acupuncture. However, at this stage, sodium-ion batteries have certain disadvantages in terms of cycle performance and capacity density compared with lithium iron phosphate batteries.
Sodium-ion batteries are currently mainly used in the fields of energy storage and electric two-wheelers.
This report aims to provide a comprehensive presentation of the global market for Automotive Sodium-ion Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Sodium-ion Battery by region & country, by Type, and by Application.
The Automotive Sodium-ion Battery market size, estimations, and forecasts are provided in terms of sales volume (GWh) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Sodium-ion Battery.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Sodium-ion Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Automotive Sodium-ion Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Automotive Sodium-ion Battery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.