Global Nano Battery Market Research and Forecast 2018-2023

Global Nano Battery Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023

Nano battery market is a rechargeable battery that offers ultra-recharging features. These batteries are coated with the surface of an electrode with nano particles. It increases the surface area of the electrode thereby allowing more current to flow between the electrode and the chemicals inside the battery.  The shelf life of a battery can be increased by using nano materials to separate liquids in the battery from the solid electrodes when there is no draw on the battery.

These batteries have high energy density and due to its efficiency it is used in various applications such as in electric vehicles, industrial power backups, and laptops. Nano batteries are additionally being used in power-tools owing to the power density, that is power a battery is able to supply per weight.

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The market is expected to show a significant growth due to technological innovations, and increased R&D in nano technology. In addition, increasing market of electric vehicle further augment the growth of the market in the future. Another majors factor driving the growth of the market include eco-friendlier alternative and increased applications of carbon nanotubes. However, presence of alternatives in the market and high manufacturing cost of nano batteries hinders the growth of the market.

The Global Nano battery Market on the basis of the geographical regions is analysed as North America, Europe, APAC, and Rest of the world. North America is further sub-segmented into the US and Canada, Europe in the UK, France, Germany, Italy, Spain, and rest of the Europe. While APAC is further analysed on the basis India, China, and Japan. APAC is estimated to be dominating market owing to the supportive government policies for promoting electric vehicles in India and China.

Key market players of the global nano battery market are A123 Systems LLC, 3M Company, Front Edge Technology, mPhase Technologies Inc., Altair Nanotechnologies Inc., Evonik Industries AG, Sony Corporation, Next Alternative Inc., Toshiba, Sinlion Battery Tech and so on.

Market Segmentation:

1. Global Nano Battery Market by Technology
2. Global Nano Battery Market by Application

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