Global Nanowire Battery Market was valued at USD 56.27 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 32.64% through 2029. Need for a longer battery lifetime and faster recharging time are the growing trends in the present battery ecosystem. Moreover, growing electric mobility and miniaturization of consumer electronics has created an urgent requirement for advanced energy storage for batteries. Nanostructured silicon has emerged as the most promising anode material owing to its high theoretical charge retention capacity of 4,200 mAh/gm, which is ten times more than traditional graphite. Such high energy density makes silicon ideal for energy-intensive applications, such as consumer electronics, electric vehicle.
Key Market Players
Amprius
Sila Nanotechnologies
OneD Material
Nexeon
NEI Corporation
XG Sciences
LG Chem
Panasonic
Samsung SDI
Enevate
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