The global sodium-ion battery market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The factor that drives the global sodium-ion battery market is the increasing demand for cleaner energy, with rising greenhouse gas emissions around the globe. For instance, in November 2021, The European Space Agency (ESA) and the European Union's Earth-monitoring program Copernicus are working on a constellation of satellites that will track emissions of man-made greenhouse gases and assist to meet climate goals. The constellation, called European CO2 Monitoring and Verification Support Capacity (CO2MVS) on anthropogenic emissions, is being launched by ESA and the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT).

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The global sodium ion battery market is segmented based on the type and end-user. Based on the type, the market is segmented into sodium sulfur battery, sodium salt battery, and sodium oxygen battery. Based on the end-user, the market is sub-segmented into the automobile applications, residential & commercial power backups, and others. The above mentioned segments can be customized as per the requirements. Among these residential & commercial power backups segment is expected to be the fastest-growing during the forecast period due to the technical advancement in residential generators operating on sodium-ion batteries.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Sodium Ion Battery Market by Type

Sodium-Sulphur Battery
Sodium-Salt Battery
Sodium-Oxygen Battery

Global Sodium Ion Battery Market by End-User

Automobile Applications
Residential and Commercial Power Backups
Others (Grid-Level Applications and Military and Space Application)

Regional Analysis

North America
United States
Canada
Rest of North America
Europe
United Kingdom
France
Germany
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
Rest of the World

Company Profiles

AES Energy Storage, LLC
AGM Batteries Ltd.
Akzo Nobel N.V.
Altair Nanotechnologies Inc.
Ambri Inc.
American Elements
Aquion Energy Inc.
BASF SE
Broadbit Batteries Oy
BYD Auto Co. Ltd.
Ceramatec Inc.
Faradion Ltd.
General Electric
Maxpower Inc.
Mitsui & Co. Ltd.
Natron Energy, Inc.
NEI Corp.
NGK Insulators Ltd.
Panasonic Corp.
Samsung Group
Siemens AG
Tesla, Inc.
Umicore N.V.
Younicos AG

The Report Covers

Market value data analysis of 2021 and forecast to 2028.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global sodium ion battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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