Structural Battery Technology Market Scope
Structural batteries are materials that can withstand mechanical forces while storing electrical energy. Carbon fibre composites and lithium ion batteries are used to achieve this. Structural battery composites are a type of structural power composite, which is a novel class of multifunctional composites. Structural capacitors, supercapacitors, and batteries are forms of structural composites that have an inherent potential to store electrical energy. The structural battery's mechanical behaviour and electrical energy storage are identical to those of a standard carbon fibre composite and a standard lithium ion battery. Structural batteries, also known as massless energy storage, aim to minimise the weight of battery-powered cars or other items by embedding batteries into the object's construction. Due to which, the demand for separate batteries has decreased.
The Structural Battery Technology market study is segmented by Type (Nickle-based Technology and Lithium-based Technology), by Application (Industrial, Residential, Military, Commercial, Medical and Others) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Structural Battery Technology market throughout the predicted period.
University of Michigan (United States), The Case Western Reserve University (United States), Cape Bouvard Technologies (Australia), Chalmers University of Technology (Sweden), BAE Systems (United Kingdom), Imperial University in London (United Kingdom) and Massachusetts Institute of Technology (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Structural Battery Technology market by Type, Application and Region.
On the basis of geography, the market of Structural Battery Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 24th May, 2021 - Researchers from Chalmers University of Technology in Sweden Developed Lightweight Structural Battery Using Carbon Fibre Jointly with KTH Royal Institute of Technology for use in Aircraft, Vehicle and Building Design. The Batteries Significantly Reduce the Weight of Battery-Powered Vehicles.
- High Investment in Battery Technology
- Surge in Demand for Electric Vehicles Globally
- Increasing Application Across Different Industry Verticals
- Increasing Electronics Infrastructure Across Emerging Regions
- High Initial Investment
- Technological Limitations
- Raw Material Price Fluctuation
Key Target AudienceStructural Battery Technology Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Structural Battery Technology Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.