DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Graphene Battery Market - Forecasts from 2016 to 2021" report to their offering.
Graphene Battery Market is projected to grow to US$116.503 million by 2021 from US$28.549 million in 2015, at a CAGR of 32.48%
Graphene is an allotrope of carbon and is the strongest, lightest and the most powerful conductor of electrical and thermal energy. It provides high power to electric cars, drones and other electric devices than any other existing technology.
Graphene is widely used in supercapacitors and battery construction. Graphene batteries are lightweight chemically inert, durable, better suited for high capacity energy storage, have a longer lifespan and get electrically charged in short intervals as compared to other batteries. Growth in global graphene market is driven by accelerating global sales in electric cars and other electronic devices.
Heavy utilization of these batteries in many industrial applications coupled with the rising awareness of the need to switch to non-conventional sources of energy is also augmenting the demand for these batteries. However fabricating graphene in large quantities at an affordable price, and absence of knowledge about its technological potential is hampering the market growth. North America and APAC region will drive the global market of graphene batteries over the forecasted period.
Key industry players profiled as part of this section are Group NanoXplore Inc, Graphenea S.A., Graphene NanoChem PLC, and Cambridge Nanosystems Ltd among others
Scope of the Report
- Li-Ion Battery
- Lead Acid Battery
- Li-Sulphur battery
- Aerospace and Defense
- Energy and Power
- Cabot Corporation
- Cambridge Nanosystems Ltd
- Graphene 3D Lab
- Graphene NanoChem PLC
- Graphenea S.A.
- SanDisk Corporation
- Vorbeck Materials
For more information about this report visit http://www.researchandmarkets.com/research/2sb226/graphene_battery