Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Global Market for Nano-Enabled Batteries to Reach US$2.5 Billion by 2015

Abstract:
GIA announces the release of a comprehensive global report on Nano-Enabled Batteries market. World market for nano-enabled batteries is projected to record US$2.5 billion by 2015. This projected growth in the market will be primarily driven by factors such as, substantial cost and environmental benefits offered by nano batteries in comparison to other alternative energy storage solutions, the flurry of investments and robust R&D initiatives for expanding product usability.

Global Market for Nano-Enabled Batteries to Reach US$2.5 Billion by 2015

San Jose, CA | Posted on August 10th, 2010

Nano-enabled (or nanostructured) batteries are an advanced generation of lithium-ion (Li-ion) batteries and battery systems. The concept of nano-enabled batteries is still new and in its developing stage. Use of nanotechnology in battery production and development will enhance the compatibility of power supplies with semiconductor processes, enabling power to be integrated directly onto processors, ASICs, as well as other chip-scale designs. Fruition of such a scenario will result in a miniature power source for future high-power drain devices.

A major portion of development and marketing efforts for nano batteries are focused on transportation, stationary power, and military applications. In the automotive and military markets, nano enabled batteries are being designed primarily to supplement or replace diesel and gasoline engines. Nano energy devices when embedded within micro devices, acts as an autonomous source of power, which enables new functions. Although its use in automobiles is still not a widespread practice, the numerous advantages offered, such as, its ecological benignity, higher energy conservation through efficient exploitation of existing power sources, and physical and chemical stability, among others, promise a robust future. In stationary power applications, nano batteries are being developed to regulate and conserve the constant supply of electricity. In addition, the sector is receiving support from government in terms of financial grants and subsidies. As production increases and manufacturing processes are made more cost-effective, Nano-Enabled Batteries market are poised for further market adoption in coming years.

Conventional batteries such as lithium ion batteries, lead acid batteries, nickel metal hydride (NiMH) batteries, and nickel cadmium batteries, which have been existing in the market for over hundred years now, pose stiff competition to nano-enabled batteries in the marketplace. This explains the strategic positioning of the technology as a battery ‘enhancer' rather than ‘replacer' in the automotive applications market. Manufacturing and research companies opine nanotechnology to be a power component of a device, while batteries to be an energy component, with current focus of research agendas only geared towards getting these two technologies work together to make vehicle-to-grid technology more feasible.

The global economic recession which dented growth of several industries, until now failed to perturb the market for nano-enabled batteries, largely because this high-end technology hinges onto the cost benefits. Also, the relatively untapped potential in major end-use applications ensures that the industry has the opportunity to reach its full potential. As stated by the new market research report on Nano-Enabled Batteries, Customized Batteries continues to remain the most prominent product segment for Nano-Enabled Batteries, having accounting for a share of more than 50% of total value sales.

Key players in the marketplace include A123Systems Inc, Advanced Battery Technologies Inc, Altair Nanotechnologies Inc, Axeon Power Limited, EcoloCap Solutions Inc, Ener1 Inc, NanoEner Inc, Front Edge Technology Inc, mPhase Technologies Inc, and Valence Technology Inc., among others.

The report titled "Nano-Enabled Batteries: A Global Market Report" published by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, regulatory overview, research and development activities, major alliances, product introductions/innovations, recent industry activity and profiles of major players. The study analyzes global market data and analytics in terms of annual revenues by product segments including - Large Format Modules and Customized Batteries (Wireless Power Tools, Laptops).

For more details about this research report, visit:

www.strategyr.com/Nano_Enabled_Batteries_Market_Report.asp

####

About Global Industry Analysts
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

For more information, please click here

Contacts:
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977



Copyright © PRWeb

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

A new 'spin' on kagome lattices: Team's findings shed new light on the presence of spin-orbit coupling and topological spin textures in kagome lattices December 9th, 2018

Milestone for bERLinPro: Photocathodes with high quantum efficiency December 8th, 2018

Harnessing the power of 'spin orbit' coupling in silicon: Scaling up quantum computation December 7th, 2018

180 Degree Capital Corp.’s Portfolio Company, TheStreet, Inc., Agrees to Sell Its Institutional Business Units to Euromoney Institutional Investor PLC for $87.3 Million December 6th, 2018

Announcements

A new 'spin' on kagome lattices: Team's findings shed new light on the presence of spin-orbit coupling and topological spin textures in kagome lattices December 9th, 2018

Milestone for bERLinPro: Photocathodes with high quantum efficiency December 8th, 2018

Harnessing the power of 'spin orbit' coupling in silicon: Scaling up quantum computation December 7th, 2018

180 Degree Capital Corp.’s Portfolio Company, TheStreet, Inc., Agrees to Sell Its Institutional Business Units to Euromoney Institutional Investor PLC for $87.3 Million December 6th, 2018

Automotive/Transportation

Bosch provides customized IoT and Industry 4.0 solutions: Bosch Mondeville and Bosch Connected Devices and Solutions collaborate to meet a wide variety of customer requirements November 16th, 2018

GLOBALFOUNDRIES, indie Semiconductor Deliver Performance-Enhanced Microcontrollers for Automotive Applications: 55nm LPx platform, with SST’s highly reliable embedded SuperFlash®, increases performance and energy efficiency for automotive applications November 13th, 2018

GLOBALFOUNDRIES, indie Semiconductor Deliver Performance-Enhanced Microcontrollers for Automotive Applications: 55nm LPx platform, with SST’s highly reliable embedded SuperFlash®, increases performance and energy efficiency for automotive applications November 13th, 2018

IEDM - CEA-Leti Will Present 11 Papers and Host Workshop on Disruptive Technologies for Data Management November 7th, 2018

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Rice U. scientists form flat tellurium: Two-dimensional element shows promise for solar cells and other optoelectronics October 26th, 2018

Nanotubes may give the world better batteries: Rice U. scientists' method quenches lithium metal dendrites in batteries that charge faster, last longer October 25th, 2018

Big award enables study of small surfaces: Rice U.'s Matt Jones wins Packard Fellowship to view nanoscale chemical reactions October 15th, 2018

High-performance self-assembled catalyst for SOFC October 12th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project