Silicon Battery Market

Silicon Battery Industry worth $414 million by 2028

According to the new market research report "Silicon Battery Market by Capacity (<3,000 mAh, 3,000–10,000 mAh, >10,000 mAh), Component (Cathode, Anode, Electrolyte), Application (Aerospace & Defense, Consumer Electronics, Automotive, Medical Devices, Energy) and Region - Global Forecast to 2028"The global silicon battery market size is projected to grow from USD 55 million in 2023 to USD 414 million by 2028, at a CAGR of 49.5% during the forecast period. A lithium-ion battery is a rechargeable battery in which lithium ions flow between cathode and anode while charging and discharging. While conventional lithium-ion batteries use anode electrodes made of graphite, silicon batteries consists of silicon anodes to increase energy density and capacity. Silicon batteries are small, light, long-lasting, and can be used in everything from personal devices to electric vehicles.

Browse 98 market data Tables and 43 Figures spread through 154 Pages and in-depth TOC on "Silicon Battery Market by Capacity (<3,000 mAh, 3,000–10,000 mAh, >10,000 mAh), Component (Cathode, Anode, Electrolyte), Application (Aerospace & Defense, Consumer Electronics, Automotive, Medical Devices, Energy) and Region - Global Forecast to 2028"
View detailed Table of Content here -

The market for 3,000-10,000 mAh is expected to grow at a highest CAGR during the forecast period

The batteries in this capacity range can be used in a diverse range of applications such as consumer electronics, drones, power tools, medical devices, and small industrial equipment. This capacity range is also expected to be an ideal energy source for consumer electronics in the coming years. They can be assembled in a module format for high-capacity applications. Such silicon batteries have a greater cycle efficiency of up to 85–90% and have a stable cycling performance over 200+ cycles. Some key players in this segment are Amprius Technologies, Inc. (US), Enovix Corporation (US), and Sila Nanotechnologies, Inc. (US).

The automotive industry is expected to grow at highest CAGR from 2023 to 2028

The automotive industry is expected to be one of the major segments for silicon batteries in the coming years. The segment includes battery-driven vehicles, such as battery electric vehicles, plug-in hybrid electric vehicles, e-bikes, etc., which are the current significant consumers of lithium-based batteries. EVs are gaining market share in the automotive industry due to the rising adoption of low-emission automobiles and government initiatives. It is estimated that in many countries, petrol and diesel automobiles will be banned by the next few decades, and EVs will dominate the global automotive market. However, EVs have some drawbacks, such as long charging times and a limited driving range. This has pushed manufacturers to collaborate with or invest in battery manufacturers to improve capacity, performance, charge times, and driving range. Automotive companies are taking initiatives to support the development of silicon anode batteries for electric vehicles by making partnerships and investing in silicon battery technology companies.

North America is expected to hold a substantial share of the global silicon battery market during the forecast period

Most key market players are based in the region; many products have been commercialised in the United States and are used in small consumer electronics.North American companies are developing silicon batteries for EVs, consumer electronics, and energy applications. North America is a highly competitive market due to the presence of several players in the US. The market in North America is expanding due to the presence of key players such as Amprius Technologies, Inc. (US), Enevate Corporation (US), Enovix Corporation (US), Sila Nanotechnologies, Inc. (US), and Group14 Technologies, Inc. (US). These players are offering or developing silicon anode batteries/technology/materials for various end users.

The major players in this market includes Amprius Technologies, Inc. (US), Enovix Corporation (US), Enevate Corporation (US), NanoGraf Corporation (US), Sila Nanotechnologies, Inc. (US), Group14 Technologies, Inc. (US), and Nexeon Limited (UK).

Don’t miss out on business opportunities in Silicon Battery Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Silicon Battery Market Size,  Share & Growth Report
Report Code
SE 4533
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Silicon Battery Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets