North America Silicon Anode Battery Market Trends and Analysis by 2027

The North America silicon anode battery market was valued at US$ 13.8 million in 2019 and is projected to reach US$ 93.0 million by 2027; it is expected to grow at a CAGR of 28.2% from 2020 to 2027.

The consumer electronics industry is throttling at a rapid pace over the years in terms of innovations, research & development (R&D), production, and adoption across the globe. The industry is continuously experiencing a substantial rise in investments towards the development of advanced electronics. The demand for technologically enhanced electronics majorly accounts from the consumer sector, which demands smart consumer products such as smartphones, smart speakers, laptops, and tablets. The performance of these products depends largely on the battery, and the manufacturers in the consumer electronics industry heavily rely on Li-ion batteries for their respective products. However, the scenario is expected to shift from Li-ion batteries to Li-Silicon batteries. This factor is expected to drive the North America silicon anode battery market. The benefit of longer battery life would encourage the end-users to purchase electronics integrated with lithium-silicon anode batteries, thereby creating significant pressure among the manufacturers to produce silicon anode battery integrated products. This would positively impact the growth of the North America silicon anode battery market

The North America silicon anode battery market is a highly fragmented and competitive marketplace. The leading companies in North America silicon anode battery market continue to broaden their clientele by expanding their current offerings. Prominent players face an increasing level of competition, both from start-ups to leading established companies across the world. Several companies in the value chain are acquiring other players in the North America silicon anode battery market to provide efficient products and services to its customers, and thus, to maintain or uplift their position in the market.

The North America silicon anode battery market is expected to grow at a good CAGR during the forecast period. The existence of a large number of well-established players and emerging companies in the North America silicon anode battery market across the region is supporting the uprising demand from the end users. However, COVID 19 is anticipated to negatively impact the overall manufacturing processes, research, and development activities of silicon anode battery market.

North America Silicon Anode Battery Market –Segmentation

Silicon Anode Battery Market– By Capacity

• < 1500 mAh
•  1500 mAh- 2500 mAh
• > 2500 mAh

Silicon Anode Battery Market – By Application

• Automotive
• Consumer Electronics
• Medical Devices
• Energy & Power
• Industrial
• Others

Silicon Anode Battery Market – By Country

• US
• Canada
• Mexico

Company Profiles:

• Amprius Technologies
• Enevate Corporation
• Hitachi Chemical Company, Ltd.
• Huawei Technologies Co., Ltd.
• Nanotek Instruments
• Shin-Etsu Chemical Co., Ltd
• Sila Nanotechnologies Inc.
• Targray Technology International

North America Silicon Anode Battery Report Scope