The global graphene battery market size is projected to grow from USD 168 million in 2024 to USD 609 million by 2030, at a CAGR of 23.9% from 2024 to 2030. The increasing demand for graphene batteries in consumer electronics and automotive industries is expected to drive the graphene battery market.
Samsung SDI (South Korea), Huawei Technologies Co., Ltd. (China), Log 9 Materials Scientific Private Limited (India), Cabot Corporation (US), Grabat Graphenano Energy (Spain), Nanotech Energy (US), Nanotek Instruments, Inc. (US), XG Sciences, Inc. (US), ZEN Graphene Solutions Ltd. (Canada), Graphene NanoChem (Malaysia), Global Graphene Group (US), Vorbeck Materials Corp. (US), Graphenea Group (Spain), Hybrid Kinetic Group Ltd. (Hong Kong) and Targray Group (Canada) are some of the leading players operating in the graphene battery market. These players have adopted the strategies of expansion and joint-venture to enhance their position in the graphene battery industry.
In line with the rising demand for graphene battery, in December 2018, Log 9 Materials Scientific Private Limited (India) announced that they are working on graphene-based metal-air batteries. The metal-air battery uses metal as the anode, oxygen as the cathode and water as an electrolyte. A graphene rod is used in the air cathode of the battery. Since oxygen has to be used as the cathode, the cathode material has to be porous to let the air pass, a property in which graphene excels. According to Log 9 Materials, the graphene used in the electrode can increase the battery efficiency by five times at one-third the cost.
In November 2017, Samsung SDI (South Korea), in collaboration with Samsung Advanced Institute of Technology (SAIT), developed a unique "graphene ball" that could make lithium-ion batteries last longer and charge faster. Samsung Advanced Institute of Technology (SAIT) said that using the new graphene ball material to make batteries will increase their capacity by 45% and make their charging speed five times faster. It was also said that this battery would be able to maintain a temperature of 60 degrees Celsius that is required for use in electric cars.
In December 2016, Huawei unveiled new graphene- Li-Ion battery with abilities to withstand high temperature (60° degrees as opposed to the existing 50° limit). The lifespan of the graphene- Li-Ion battery will also be twice than that of the ordinary Li-ion battery. To achieve this breakthrough, Huawei incorporated three new technologies including a special additive in the electrolyte, cathodes with modified large-crystal NMC materials and graphene for more efficient cooling.
In June 2014, Vorbeck Materials Corp. (US) launched Vor-Power, a lightweight, flexible battery strap that can be attached to any existing bag strap to enable a mobile charging station that provides about 50 hours of additional talk or surf time. The product weighs 450 grams, provides 7,200 mAh and is probably the world’s first graphene battery.
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Astute Analytica published a new report on the Global Graphene Battery Market, the research study offers analysis and detailed insights on key market dynamics include growth drivers, restraint factors, challenges, opportunity analysis, and trends.
The research report also includes a detailed analysis of market segmentation, competitive landscape, market vendors and estimated market size in qualitative and quantitative methods.
In the past years, the global Graphene Battery Market has shown a significant growth rate and is projected to display a positive development in the upcoming years.
The research report offers a thorough and detailed analysis of key market players that registered an active participation in the global Graphene Battery Market.To know more about report scope and depth of data heads analyzed, request for Sample @ https://www.astuteanalytica.com/request-sample/graphene-battery-marketThe research study includes the chapters that explains about operating business segments, key strategic developments, product portfolio and business performance.
Companies profiled in the Graphene Battery Market are Cabot Corporation, Cambridge Nanosystems, Graphenano, Graphene NonoChem, Graphene 3D Lab, Group NanoXplore, Hybrid Kinetic Group Ltd., SiNode Systems and XG Sciences and among other prominent players.
These segmentations are further categorized to study the market in detail.COVID-19 impacted the global marketplace, the medical emergency broke out in December 2019 disrupted the supply chain and supply chain of the major market domains.
Every innovation and invention contains different and unique methods, techniques, and implementation of advanced formulas.
Several products and their different forms are developed to provide real-life benefits to different fields of work.
In comparison with diamond, graphene is 200 times stronger than steel and 6 times lighter than it.
Some of these graphene powdered products are: EMI shielding MaterialWith the help of graphene, EMI shielding material is developed which provides excellent electromagnetic shielding.
Graphene absorber is a thin, flexible, and lightweight sheet that has excellent thermal, mechanical, and electrical properties.
The practicality of graphene absorber increase after it is tested and applied on various surfaces and different substrates.
