The global silicon battery market size is expected to grow from USD 55 million in 2023 to USD 414 million by 2028, at a CAGR of 49.5% from 2023 to 2028. Silicon batteries can be used in various applications, from electric vehicles to medical equipment, energy, aviation, and consumer electronics. Excellent performance, long life, and greater safety make these batteries ideal for electric vehicles, energy storage, and aerospace applications.
As of 2022, Amprius Technologies, Inc. (US), Enovix Corporation (US), Enevate Corporation (US), and NanoGraf Corporation (US) are among the top players in the global silicon battery market in terms of silicon anode battery development. Additionally, Sila Nanotechnologies, Inc. (US), Group14 Technologies, Inc. (US), Nexeon Limited (UK), and E-magy (Netherlands) are some of the top silicon anode material providers in this market. This market is still in the nascent stages of growth, and many companies are yet to commercialize their products.
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Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading US-based manufacturer of silicon anode batteries. It developed a nanowire technology that uses 100% silicon to replace graphite in anodes. The company caters to the aerospace, automotive, and consumer electronics sectors. It offers batteries for drones, aircraft, wearables, electric vehicles, smartphones, robotics, aerospace vehicles, and military equipment. The company has invested significantly in R&D. Its batteries are backed by excellent quality assurance and validated with ISO:9001 certification. The company is focused on increasing its manufacturing volumes to meet the demands of various sectors.
Enovix Corporation is a developer and manufacturer of advanced silicon-anode lithium-ion batteries. The company has developed 100% silicon anodes and innovative 3D cell architecture for high energy density and performance. The company is developing new silicon-lithium technology and has sampled small silicon lithium cells that can be used in portable consumer electronics devices. It also focuses on R&D for large-density and large-sized batteries for EVs and storage systems. It also plans to increase the applications of its silicon lithium batteries in wearable devices, mobile communication devices, computing, AR/VR, and EVs. The company has secured designs for batteries in these applications from top players. Moreover, it is one of the earliest companies to launch lithium silicon cells for wearable devices in the consumer electronics sector.
Enevate Corporation develops EV batteries with silicon anodes. The company has over 500 patents, including pure silicon dominant anode materials & electrodes, electrolyte improvements, cell formation processes, and extreme fast-charge cell designs. Recently, in October 2022, the company partnered with Lightning Motorcycle Corp. (US) to commercialize batteries for electric motorcycles. This battery is capable of charging in less than 10 minutes. These batteries are being targeted to be commercialized by early 2023. The company also partnered with Sealence Spa-SB (Italy) in October 2022 to develop high-performance battery cells for jet boat propulsion. The company provides XFC-Energy Technology based on three components—pure silicon anode, electrolyte, and cell design. It also offers XFC-Energy Anode manufactured with more than 70% porous silicon.
NanoGraf Corporation provides silicon for anode electrodes patented by the company in association with Northwestern University (US) and Argonne National Laboratory (US). The materials are developed using silicon alloy architecture to stabilize metals during charging and discharging. The company’s material also enabled one of the world’s most energy-dense 18650 lithium-ion cells. NanoGraf Corporation uses a patented manufacturing process to develop silicon materials for anodes. The material is a drop-in material for battery manufacturing processes and has been tested and checked in manufacturing plants globally. The company has offices in the US and a manufacturing plant in Japan. NanoGraf Corporation is working with around 50 companies, including some leading consumer electronics, power tools, and household appliances companies. In November 2022, it announced a contract with the US Government, which will help in funding the onshore manufacturing of silicon anode materials in the US. The company can produce 35 ton/year material for various battery applications at peak production.
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
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