Aqueous Batteries Market 2024-2028
The aqueous batteries market is forecasted to grow by USD 577.56 mn during 2023-2028, accelerating at a CAGR of 25.01% during the forecast period. The report on the aqueous batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for eco-friendly and cost-effective energy solutions, rising demand for stationary energy storage solutions, and abundance and affordability of materials used in aqueous batteries.
Technavio's aqueous batteries market is segmented as below:
By Application
- Electric vehicle
- Energy storage
- Consumer electronics
- Others
By Type
- Aqueous Li-ion battery
- Aqueous Zn-ion battery
- Others
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising adoption of EVs as one of the prime reasons driving the aqueous batteries market growth during the next few years. Also, increasing deployment of renewable energy sources and increase in favorable government regulations will lead to sizable demand in the market.
The report on the aqueous batteries market covers the following areas:
- Aqueous batteries market sizing
- Aqueous batteries market forecast
- Aqueous batteries market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aqueous batteries market vendors that include AMTE Power plc, Aquion Energy, Contemporary Amperex Technology Co. Ltd., Enerpoly AB, ESS Tech Inc., Furukawa Electric Co. Ltd., GUANGDONG DYNAVOLT ENERGY TECHNOLOGY Co. Ltd., IDEX Corp., Infinity Turbine LLC, Murata Manufacturing Co. Ltd., Natron Energy Inc., Poly Plus Battery Co., Primus Power Solutions, Reliance Industries Ltd., Salient Energy, Shandong Sacred Sun Power Sources Co. Ltd., Sunwoda Electronic Co. Ltd., Targray Technology International Inc., Tiamat, Toshiba Corp., and TotalEnergies SE. Also, the aqueous batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.