What is the estimated value of the global Graphene Battery Market?

The global market for Graphene Battery was estimated to be valued at US$ XX Mn in 2021. Read More

What is the expected growth rate of the global Graphene Battery Market during the forecast period?

The global Graphene Battery Market is estimated to grow at a CAGR of XX% by 2028. Read More

What are the key industry segments covered in the report?

The global Graphene Battery Market is segmented on the basis of BATTERY TYPE, APPLICATION, Region. Read More

On the basis of region, how is the global Graphene Battery Market segmented?

Based on region, the global Graphene Battery Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Read More

Graphene Battery Market Size, Share, Growth Analysis, By Type (Lithium-Ion Graphene Battery, Graphene Supercapacitor, Lithium-Sulfur Graphene Battery, and Others), By End Use Industry (Automotive, Consumer Electronics, Industrial, Power, and Others), By Region - Industry Forecast 2024-2031

Q: Who are the key players competing in the global Graphene Battery Market?

The key players operating in the global Graphene Battery Market are Cabot Corporation, Cambridge Nanosystems Ltd., G6 Materials Corp., Graphenano S.L., Graphene NanoChem plc, Graphenea S.A., NanoXplore Inc., Real Graphene USA, Vorbeck Materials Corp., XG Sciences, Inc. Read More

Report ID: SQMIG25A2302 | Region: Global | Published Date: October, 2024
Pages: 221 | Tables: 67 | Figures: 70

Graphene Battery Market News

In June 2021, GMG, a graphene company based in Brisbane, Australia, announced a research partnership with the University of Queensland. Graphene and aluminum-ion batteries will be developed that can reportedly charge 60% faster than lithium-ion batteries.
In June 2021, Google partnered with Seagate to launch ML to predict HDD failures. The new hdd devices will use graphene and can store ten times more data than a normal hdd.
In 2023, LG Chem invested KRW 7.2 billion (South Korean Won) in construction battery manufacturing in Arizona. This increases production of EV and ESS batteries in North America.
In 2021, GMG received a grant of A$3.6 million from the Australian government to help the company develop graphene products.

Graphene Battery Market Report Snapshots

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Global Graphene Battery Market size was valued at around USD 135.8 million in 2022 and is expected to rise from USD 167.1 million in 2023 to reach a value of USD 716 million by 2031, at a CAGR of 23.1% over the forecast period (2024–2031).

Tencent has established partnerships and strategic partnerships with graphene battery manufacturers, research institutes and academic institutions. This partnership gives Tencent access to cutting-edge research, technology and expertise in graphene battery development, fostering innovation and accelerating deployment of graphene batteries in various applications. The key players in the global graphene battery market are Cabot Corporation, Cambridge Nanosystems Ltd., G6 Materials Corp., Graphenano S.L., Graphene NanoChem plc, Graphenea S.A., NanoXplore Inc., Real Graphene USA, Vorbeck Materials Corp., and XG Sciences, Inc. 'Graphenano Nanotechnologies ', 'Nanograf Technologies ', 'Global Graphene Group ', 'XG Sciences ', 'Graphene 3D Lab, Inc. ', 'Samsung SDI ', 'Huawei ', 'Hybrid Kinetic Group Ltd. ', 'Vorbeck Materials ', 'Elcora Advanced Materials Corp. ', 'Nanotek Instruments, Inc. ', 'Graphene Batteries AS ', 'Nanotech Energy, Inc. ', 'ZEN Graphene Solutions Ltd.'

Besides increasing sales of electric vehicles, which range for longer distances and require lower charging time, driving the growth of the global graphene battery market, portable electronics market is expected growing trends will boost the market. Furthermore, increased government investment in R&D is expected to create opportunities for profitable growth.

Innovative Integration into Wearable Devices: A major trend in the graphene battery market is the integration of graphene into flexible and wearable devices. Graphene's remarkable technical flexibility and lightweight make it an ideal material for next-generation wearable electronics ranging from smart clothing to biomedical sensors. This trend puts a strong emphasis on making batteries innovative user-centered solutions to suit consumer preferences and lifestyle habits.

North America is an important global graphene battery market, as most of the graphene producers operate in the market. The market is expected to remain attractive during the forecast period. North America will also present a good opportunity for the graphene battery market, owing to the high availability of electric vehicles in the region.

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Graphene Battery Market Size, Share, Growth Analysis, By Type (Lithium-Ion Graphene Battery, Graphene Supercapacitor, Lithium-Sulfur Graphene Battery, and Others), By End Use Industry (Automotive, Consumer Electronics, Industrial, Power, and Others), By Region - Industry Forecast 2024-2031

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