The silicon anode battery market is expected to grow at a CAGR of 43.4% between 2016 and 2022, and is projected to reach USD 1,018.3 Million by 2022 from USD 96.5 Million in 2015.

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The growth of the silicon anode battery market is expected to be driven by factors such as growing R & D activities by major companies to develop batteries that have significantly high energy storage capacity and longer life and increasing demand for eco-friendly electrical vehicles. Silicon anode lithium batteries are being widely used for portable electronic devices, due to their superior energy density and high cell voltage, which is expected to boost the growth of the silicon anode battery market in near future.

The scope of this report covers the silicon anode battery market on the basis of capacity, type, application, and geography. In terms of capacity, 1,500 to 2,500 mAh was the largest segment of the market in 2015. Silicon anode batteries are majorly used in consumer electronics, such as smartphones, mobiles & tablets, laptops and wearable devices among others. These batteries are expected to help meet the future requirements of energy storage, long cycle life, safety, and reliability. There has been an increased demand for silicon anode battery from automotive manufacturers for use in plug-in electric vehicle to increase their all-electric range with the same volume of batteries or use fewer batteries to achieve the same range..

APAC expected to witness highest growth during the forecast period

The implementation of silicon anode battery is increasing in APAC, and is expected to witness substantial investments by various companies to set up their silicon anode battery manufacturing base in the region. Silicon anode batteries have gained popularity among the automobile manufacturers as they offer an alternative to nickel metal batteries used in electric vehicles, due to their small size and lightweight. Thus, the increasing demand for electrical vehicle (EV), hybrid electric vehicle (HEV) and plug-in hybrid vehicle (PHV) would foster the adoption of silicon anode Li-ion batteries in APAC.

Some of the key players in the global silicon anode battery market are Amprius, Inc. (U.S.), Panasonic Corp (Japan), Samsung SDI (South Korea), LG Chem (South Korea), Nexeon Limited (U.K.), Los Angeles Cleantech Incubator (U.S), Nanotek Instruments, Inc. (U.S.), Enevate Corporation (U.S.), Zeptor Corporation (U.S.), XG Sciences (U.S.), and California Lithium Battery Inc. (U.S.).

Scope of the Report:

The market covered in this report has been segmented as follows:

Silicon Anode Battery Market, by Capacity:

Less than 1,500 mAh
1,500 mAh to 2,500 mAh
2,500 mAh and above

Silicon Anode Battery Market, by Type:

Cylindrical
Prismatic
Pouch

Silicon Anode Battery Market, by Application:

Consumer Electronics
Automobile
Medical Devices
Industrial
Energy Harvesting
Others

Silicon Anode Battery Market, by Geography:

North America
Europe
Asia-Pacific
RoW (South America, The Middle East, & Africa)

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