The global nanowire battery market is expected to reach a market size of USD 352.9 million at a relatively rapid CAGR in 2027, according to latest analysis by Emergen Research. This projected high revenue growth rate can be attributed to increasing investment by major automotive manufacturers in research and development activities for production of more cost-effective and advanced nanowire batteries. The increasing need to enhance the working capacity of cell phones and laptops on a single charge has also resulted in rising adoption of nanowire batteries for application in the equipment and devices produced in the consumer electronics industry. 

Furthermore, the report is further updated with the latest market scenario pertaining to the aftereffects of the COVID-19 pandemic. The pandemic has affected every segment of life by inducing financial difficulties and disrupting supply chains, thereby dynamically affecting the business sphere. The report assesses the comprehensive impact of the pandemic on the Nanowire Battery market and the key segments of the industry. It also offers a current and future assessment of the impact of the pandemic on the Nanowire Battery market.

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Key Highlights of Report

• The consumer electronics segment accounted for largest market share of 32.6% in 2019. Increasing need to improve the working capacity of cell phones and laptops on a single charge has increased the usage of nanowire batteries in the consumer electronics industry.
• The silicon segment revenue is expected to expand at a rapid CAGR of 33.9% during the forecast period. The high charge storage capacities of silicon nanowires has been resulting in increasing demand for silicon material-based nanowire batteries.
• North America accounted for the largest revenue share contribution to the global nanowire battery market in 2019. Increasing investment in research and development activities by automotive manufacturers for advancement and production of more cost-effective and efficient nanowire batteries is projected to drive growth of the nanowire batteries market in the region.
• Key players in the market include Amprius, Sila Nanotechnologies Inc., OneD Material, Inc., Nexeon Ltd., NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI Co., and Enevate Corporation.

Nanowire Battery Market Segmentation:

Emergen Research has segmented the global nanowire battery market on the basis of application, raw material type, and region:

• Application Outlook (Revenue, USD Million; 2020–2027)
  • Energy Storage
  • Consumer Electronics
  • Aviation
  • Automotive
  • Medical Devices
  • Power Generation
  • Others
• Raw Material Type Outlook (Revenue, USD Million; 2020–2027)
  • Germanium
  • Silicon
  • Transition Metal oxides (manganese oxide, lead oxides anodes, heterostructure TMOs)

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Exhaustive Analysis of the Competitive Landscape of the Global Nanowire Battery Market:

• The global Nanowire Battery market report zeroes in on the overall competitive scope of this industry vertical.
• The study provides detailed product information, alongside their specifications and prime applications.
• The study entails various pricing models and profit returns accrued, outlined by the key contenders across the market.
• The report enlists a wide array of strategic initiatives, for example, recent business deals, collaborations, joint ventures, mergers & acquisitions, product launches, and technological upgradation.
• The inference of the report comprises an exhaustive study of the key players of the market.

Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Nanowire Battery Market Segmentation & Impact Analysis
    4.1. Nanowire Battery Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growth in the consumer electronics industry 
                    4.2.2.2. Rising demand for advanced and cost effective batteries 
                    4.2.2.3. Increased investment by Automotive companies for advancement of batteries 
          4.2.3. Market restraints analysis 
                    4.2.3.1. High cost of Nanowire Battery 
                    4.2.3.2. Present challenging economic conditions due to the pandemic
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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