Silicon Anode Battery Market Analysis - Global forecast to 2022

The silicon anode battery market is estimated to reach USD 1,018.3 Million by 2022, at a CAGR of 43.4% from 2016 to 2022. Factors driving the silicon anode battery market include increasing demand for improved energy storage and longer life of batteries, growing demand for eco-friendly and non-petroleum vehicles, and R&D initiatives to design high energy density and superior power capability in batteries.

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Browse 70 market data Tables and 79 Figures spread through 158 Pages and in-depth TOC on "Silicon Anode Battery Market by Type (Cylindrical, Prismatic & Pouch), Capacity (Less than 1500 mAh, 1500 mAh to 2500mAh & Above 2500 mAh), Application & Geography - Global forecast to 2022"
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The scope of this report covers the silicon anode battery market on the basis of capacity, type, application, and geography. In terms of capacity, 1,500 to 2,500 mAh was the largest segment of the market in 2015. Silicon anode batteries are majorly used in consumer electronics, such as smartphones, mobiles & tablets, laptops and wearable devices among others. These batteries are expected to help meet the future requirements of energy storage, long cycle life, safety, and reliability. There has been an increased demand for silicon anode battery from automotive manufacturers for use in plug-in electric vehicle to increase their all-electric range with the same volume of batteries or use fewer batteries to achieve the same range.

Based on type, prismatic is expected to be the largest segment of the silicon anode battery market in 2016. Modern prismatic cells make optimal use of space by using the layered approach as compared to traditional cell. Prismatic cells improve space utilization and allow flexible design; however, these cells have a shorter cycle life, can be expensive to manufacture, and less efficient in thermal management as compared to cylindrical cells.

Based on geography, North America accounted for the largest share of the silicon anode battery market in 2015. The market in Asia-Pacific is expected to grow at the highest CAGR, owing to substantial investments by various companies to set up their silicon anode battery-manufacturing facilities in several countries across in the region.

Some of the key players in the global silicon anode battery market are Amprius, Inc. (U.S.), Panasonic Corp (Japan), Samsung SDI (South Korea), LG Chem (South Korea), Nexeon Limited (U.K.), Los Angeles Cleantech Incubator (U.S), Nanotek Instruments, Inc. (U.S.), Enevate Corporation (U.S.), Zeptor Corporation (U.S.), XG Sciences (U.S.), and California Lithium Battery Inc. (U.S.).

The implementation of silicon anode battery is increasing in APAC, and is expected to witness substantial investments by various companies to set up their silicon anode battery manufacturing base in the region. Silicon anode batteries have gained popularity among the automobile manufacturers as they offer an alternative to nickel metal batteries used in electric vehicles, due to their small size and lightweight. Thus, the increasing demand for electrical vehicle (EV), hybrid electric vehicle (HEV) and plug-in hybrid vehicle (PHV) would foster the adoption of silicon anode Li-ion batteries in APAC.

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