Global Sodium Sulfur Battery Market 2022-2028

Global Sodium Sulfur Battery Market 2022-2028

The global sodium sulfur battery market size is projected to grow by USD 431.7 million from 2022 to 2028, registering a CAGR of 27.7 percent, according to a new report by Gen Consulting Company.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global sodium sulfur battery market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the sodium sulfur battery industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for sodium sulfur battery can be segmented by product: private portable, industrial. In 2021, the industrial segment made up the largest share of revenue generated by the sodium sulfur battery market. Sodium sulfur battery market is further segmented by application: ancillary service, load leveling, renewable energy stabilization, others. Renewable energy stabilization was the highest contributor to the global sodium sulfur battery market. Going forward, the region segment is projected to witness the highest CAGR during the forecast period. Based on region, the sodium sulfur battery market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global sodium sulfur battery market.

Market Segmentation

By product: private portable, industrial

By application: ancillary service, load leveling, renewable energy stabilization, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Sodium Sulfur Battery Market, including BASF SE, EaglePicher Technologies, LLC, General Electric Company, KEMET Corporation, NGK Insulators, Ltd., POSCO, Sieyuan Electric Co., Ltd., Tokyo Electric Power Company (TEPCO), among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global sodium sulfur battery market.
• To classify and forecast the global sodium sulfur battery market based on product, application, region.
• To identify drivers and challenges for the global sodium sulfur battery market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global sodium sulfur battery market.
• To identify and analyze the profile of leading players operating in the global sodium sulfur battery market.

• Gain a reliable outlook of the global sodium sulfur battery market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.