Lucintel's latest market report analyzed that sodium-ion battery provides attractive opportunities in the automotive, consumer electronic, energy storage, and industrial sectors. The sodium-ion battery market is expected to reach $2.6 billion by 2028 with a CAGR of 16.2%. In this market, sodium sulphur battery is the largest segment by technology, whereas energy storage is largest by end use.
Based on technology, the sodium-ion battery market is segmented into sodium sulphur battery, sodium salt battery, and sodium air battery. The sodium sulphur battery segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to owing to its characteristic, such as high charge of discharge efficiency, good energy density and longer lifespan.
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The Sodium-Ion BatteryMarket is marked by the presence of several big and small players. Some of the prominent players offering sodium-ion battery include Faradion, Contemporary Amperex Technology(CATL), NGK Insulators, TIAMAT SAS, and HiNa Battery Technology.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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