Global Sodium-Sulfur Battery for Energy Storage Market Growth 2023-2029
Sodium-Sulfur Battery for Energy Storage is a type of molten-salt battery constructed from liquid sodium (Na) and sulfur (S).This type of battery has a high energy density (its energy density is 5 times that of a lead-acid battery), high efficiency of charge/discharge and long cycle life (>1000), and is fabricated from inexpensive and non-toxic materials. The operating temperatures of 300 to 350 °C and the highly corrosive nature of the sodium polysulfides, primarily make them suitable for stationary energy storage applications.
LPI (LP Information)' newest research report, the “Sodium-Sulfur Battery for Energy Storage Industry Forecast” looks at past sales and reviews total world Sodium-Sulfur Battery for Energy Storage sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium-Sulfur Battery for Energy Storage sales for 2023 through 2029. With Sodium-Sulfur Battery for Energy Storage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium-Sulfur Battery for Energy Storage industry.
This Insight Report provides a comprehensive analysis of the global Sodium-Sulfur Battery for Energy Storage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium-Sulfur Battery for Energy Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium-Sulfur Battery for Energy Storage market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium-Sulfur Battery for Energy Storage and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium-Sulfur Battery for Energy Storage.
The global Sodium-Sulfur Battery for Energy Storage market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Sodium-Sulfur Battery for Energy Storage is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Sodium-Sulfur Battery for Energy Storage is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Sodium-Sulfur Battery for Energy Storage is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Sodium-Sulfur Battery for Energy Storage players cover NGK INSULATORS, LTD, BASF New Business GmbH, Ceramatec, General Electric, Ford, Sumitomo Electric Industries, Ltd., Eagle Picher Technologies LLC and Shanghai Electric Power Company Limited, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium-Sulfur Battery for Energy Storage market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Portable Sodium-Sulfur Battery
Stationary Sodium-Sulfur Battery
Others
Segmentation by application
Transmission and Distribution
Peak-shaving and Valley-filling
Independent Power Generation Systems
Renewable Energy Grid Connection
Transportation and Heavy Machinery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NGK INSULATORS, LTD
BASF New Business GmbH
Ceramatec
General Electric
Ford
Sumitomo Electric Industries, Ltd.
Eagle Picher Technologies LLC
Shanghai Electric Power Company Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium-Sulfur Battery for Energy Storage market?
What factors are driving Sodium-Sulfur Battery for Energy Storage market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium-Sulfur Battery for Energy Storage market opportunities vary by end market size?
How does Sodium-Sulfur Battery for Energy Storage break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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