Market Overview:
The global Na-ion cell market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy storage systems, transportation, and other applications. In terms of type, the phosphate material segment is expected to lead the global Na-ion cell market during the forecast period. This can be attributed to its high capacity and long cycle life. In terms of application, the energy storage system segment is expected to lead the global Na-ion cell market during the forecast period.
Product Definition:
A Na-ion Cell is a type of rechargeable battery that uses sodium ions as its primary charge carriers. These batteries are often used in electric vehicles and grid storage applications, due to their high energy density and long cycle life.
Phosphate Material:
Phosphate materials are used in the production of sodium-ion cells, which are rechargeable batteries that find applications in portable devices such as digital cameras and cell phones. The global phosphate material market is expected to grow at a significant rate owing to increasing demand for these products from the electronic industry. Growing consumer awareness regarding sustainable energy resources along with rapid industrialization is also expected to drive market growth over the forecast period.
Fluorophosphate Material:
Fluorophosphate is a chemical compound of phosphorus and fluorine. Fluorophosphates are used in Na-ion cells as they provide high capacity, stable cell design, and long cycle life. The most commonly used fluorophosphates are sodium fluoride (NaF), aluminum fluoride (AlF3), and calcium fluoride (CaF2).
Application Insights:
The transportation segment dominated the global na-ion cell market in terms of revenue share in 2017. The growing demand for electric and hybrid vehicles is expected to drive the product demand over the forecast period. In addition, stringent regulations regarding vehicle emissions are anticipated to further propel industry growth over the coming years.
The energy storage system segment is projected to witness significant growth during the forecast period owing to increasing renewable sources of energy generation such as wind and solar power coupled with rising concerns regarding greenhouse gas emissions from fossil fuel powered plants. Increasing government funding for R&D pertaining to green technologies along with favorable policies aimed at promoting investments in clean energy projects are likely to augment industry expansion over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is mainly driven by China, which accounted for a share of more than 30% in total volume sales of na-ion cells globally. The presence of key players such as Panasonic Corporation; SANYO Electric Co., Ltd.; Samsung Electro-Mechanics Co., Ltd.; LG Chem Inc.; and Fujitsu General Batteries has propelled the demand for these cells across this region.
The growing demand from end-use industries such as energy storage system, transportation, others has augmented market growth across Asia Pacific region. In addition to this, favorable government policies encouraging domestic manufacturing are anticipated to drive industry expansion over the next eight years.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This is primarily owing to the increasing environmental concerns and stringent emission norms across the world. Na-ion cells are being increasingly used in electric vehicles as they offer high energy density and longer life cycle as compared to other battery chemistries.
- Proliferation of renewable energy sources: Renewable energy sources such as solar and wind are becoming increasingly popular owing to their low cost and environment-friendly nature. Na-ion cells offer high efficiency in converting these renewable sources into electrical power, making them an ideal choice for grid storage applications.
- Growing demand from industrial sector: The industrial sector is one of the key adopters of Na-ion cells due to their ability to provide reliable backup power during outages or emergencies situations. They are also being increasingly used in uninterruptible power supply (UPS) systems, telecom towers, data centers, and other critical infrastructure applications .
Scope Of The Report
Report Attributes
Report Details
Report Title
Na-ion Cell Market Research Report
By Type
Phosphate Material, Fluorophosphate Material
By Application
Energy Storage System, Transportation, Others
By Companies
Contemporary Amperex Technology Co., Limited., Liaoning Xikong Sodium-ion Battery, HiNa Battery Technology Co., Ltd, Faradion Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Na-ion Cell Market Report Segments:
The global Na-ion Cell market is segmented on the basis of:
Types
Phosphate Material, Fluorophosphate Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy Storage System, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Contemporary Amperex Technology Co., Limited.
- Liaoning Xikong Sodium-ion Battery
- HiNa Battery Technology Co., Ltd
- Faradion Limited
Highlights of The Na-ion Cell Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Phosphate Material
- Fluorophosphate Material
- By Application:
- Energy Storage System
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Na-ion Cell Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Na-ion cells are a type of battery cell that uses sodium ions as the primary energy source. Na-ion cells are typically smaller and lighter than lithium ion batteries, making them more suitable for portable devices.
Some of the key players operating in the na-ion cell market are Contemporary Amperex Technology Co., Limited., Liaoning Xikong Sodium-ion Battery, HiNa Battery Technology Co., Ltd, Faradion Limited.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Na-ion Cell Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Na-ion Cell Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Na-ion Cell Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Na-ion Cell Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Na-ion Cell Market Size & Forecast, 2018-2028
4.5.1 Na-ion Cell Market Size and Y-o-Y Growth
4.5.2 Na-ion Cell Market Absolute $ Opportunity
Chapter 5 Global Na-ion Cell Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Na-ion Cell Market Size Forecast by Type
5.2.1 Phosphate Material
5.2.2 Fluorophosphate Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Na-ion Cell Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Na-ion Cell Market Size Forecast by Applications
6.2.1 Energy Storage System
6.2.2 Transportation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Na-ion Cell Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Na-ion Cell Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Na-ion Cell Analysis and Forecast
9.1 Introduction
9.2 North America Na-ion Cell Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Na-ion Cell Market Size Forecast by Type
9.6.1 Phosphate Material
9.6.2 Fluorophosphate Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Na-ion Cell Market Size Forecast by Applications
9.10.1 Energy Storage System
9.10.2 Transportation
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Na-ion Cell Analysis and Forecast
10.1 Introduction
10.2 Europe Na-ion Cell Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Na-ion Cell Market Size Forecast by Type
10.6.1 Phosphate Material
10.6.2 Fluorophosphate Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Na-ion Cell Market Size Forecast by Applications
10.10.1 Energy Storage System
10.10.2 Transportation
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Na-ion Cell Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Na-ion Cell Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Na-ion Cell Market Size Forecast by Type
11.6.1 Phosphate Material
11.6.2 Fluorophosphate Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Na-ion Cell Market Size Forecast by Applications
11.10.1 Energy Storage System
11.10.2 Transportation
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Na-ion Cell Analysis and Forecast
12.1 Introduction
12.2 Latin America Na-ion Cell Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Na-ion Cell Market Size Forecast by Type
12.6.1 Phosphate Material
12.6.2 Fluorophosphate Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Na-ion Cell Market Size Forecast by Applications
12.10.1 Energy Storage System
12.10.2 Transportation
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Na-ion Cell Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Na-ion Cell Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Na-ion Cell Market Size Forecast by Type
13.6.1 Phosphate Material
13.6.2 Fluorophosphate Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Na-ion Cell Market Size Forecast by Applications
13.10.1 Energy Storage System
13.10.2 Transportation
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Na-ion Cell Market: Competitive Dashboard
14.2 Global Na-ion Cell Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Contemporary Amperex Technology Co., Limited.
14.3.2 Liaoning Xikong Sodium-ion Battery
14.3.3 HiNa Battery Technology Co., Ltd
14.3.4 Faradion Limited
