Lithium-silicon battery is a type of lithium-ion battery which contains silicon base as the anode and lithium ions as charge carriers. As compared to graphite and carbon working as anode, silica is required in less amount, which creates more space for lithium ions.

Lithium-ion batteries are used in several applications such as mobiles, laptops, cameras, e-vehicles, and homes. Due to high demand, companies are currently focusing on introduction of advanced batteries with rapid charging, high power, and long life. Lithium-silicon batteries can fulfill requirements for rapid charging, high power, and long life.

Lithium-silicon batteries can store 20% to 40% higher energy than other lithium-ion batteries. Companies are investing to increase the battery power by 50% and thereby, provide lighter, more powerful, rapid charging batteries to consumers.

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Key Drivers and Restraints of Global Lithium-silicon Battery Market
The rise in industrialization and modernization across the globe is estimated to be a key driver of the global lithium-silicon battery market during the forecast period. Use of lithium-silicon batteries offers benefits such as quick charging, reduced battery size and weight, and increased charge cycles.
Growth of automobile, defense, energy, electronics, and aerospace sectors across the globe is anticipated to boost the global lithium-silicon battery market between 2019 and 2027. Properties such as low weight and flexibility in application in several industries are expected to drive the global lithium-silicon battery market during the forecast period.

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