Know about Silicon Anode Battery

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The Silicon Anode Battery market was valued at US$ 39.3 million in 2019 and is projected to reach US$ 270.3 million by 2027; it is expected to grow at a CAGR of 28.6% from 2020 to 2027.

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The Silicon anode battery is expected to gain tremendous prominence over the years. The developers of the technology are securing significant investments with an aim to develop and commercialize their technologies at the earliest, which would showcase a paradigm shift in consumer electronics technologies. The advantages offered by the Silicon anode battery have influenced several investors to capitalize on the technology, and this is benefiting the developers to progress in producing the batteries. Sila Nanotechnologies, a California based Silicon anode battery developer, has been securing investments since the inception of the company. Recently in 2019, the company raised funding of US$ 45 Mn from Canada Pension Plan Investment Board. 

The silicon anode battery market is segmented on the basis of capacity, and application. On the basis of capacity, the market is segmented into < 1500 mAh, 1500 mAh- 2500 mAh, and > 2500 mAh. Based on application, the market is segmented into automotive, consumer electronics, medical devices, energy & power, industrial, and others.

The well–established market players operating in the silicon anode battery market include Amprius Technologies, Daejoo Electronic Materials Co., Ltd., Enevate Corporation, Hitachi Chemical Company, Ltd., Huawei Technologies Co., Ltd., Nanotek Instruments, Inc., NEXEON LTD., Shin-Etsu Chemical Co., Ltd, Sila Nanotechnologies Inc., Zeptor Corporation, and Targray Technology International.


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