The "Europe Silicon Anode Battery Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Capacity (< 1500 mAh, 1500 mAh-2500 mAh, and > 2500 mAh); Application (Automotive, Consumer Electronics, Medical Devices, Energy & Power, Industrial, and Others); and Country" report has been added to ResearchAndMarkets.com's offering.
The Europe silicon anode battery market was valued at US$ 7.2 million in 2019 and is projected to reach US$ 45.3 million by 2027; it is expected to grow at a CAGR of 27.1% from 2020 to 2027.
The silicon anode battery market players in Europe are expected to witness a surge in demand for their products in the long run. Moreover, continuous development of silicon anode batteries is expected to proliferate the consumer electronics industry, automotive industry, and aerospace industry substantially in the next few years. The industries mentioned earlier strive hard to integrate their products with advanced technologies. Also, the dependency on batteries is at a constant rise among the OEMs.
This factor is anticipated to boost the growth of the Europe silicon anode battery market. In addition, the dip in the cost involved in the manufacturing of silicon anode battery would enable the battery manufacturers to sell their products to the OEMs at a competitive price, which is another factor anticipated to fuel the growth of the Europe silicon anode battery market. Thus, encouraging OEMs to adopt the technology using the longevity parameter would certainly benefit the market players operating in the Europe silicon anode battery market.
Further, creating awareness about the benefits of silicon anode batteries among end users is of utmost importance for the battery manufacturers as the cost of the final product is expected to rise with the integration of silicon anode batteries, which would result in lesser adoption of the technology. Thus, encouraging end users to adopt the technology is anticipated to furnish the maturing rate of Europe silicon anode battery market over the years.
In Europe, Italy is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Italy recorded the highest number of coronavirus cases.
Key Topics Covered:
2. Key Takeaways
3. Silicon Anode Battery Market Landscape
3.1 Market Overview
3.2 PEST Analysis
3.2.1 Europe - PEST Analysis
3.3 Ecosystem Analysis
4. Silicon Anode Battery Market -Market Dynamics
4.1 Market Drivers
4.1.1 Growing Demand by the Consumer Electronics Industry
4.1.2 Increasing Investments towards Silicon Anode Battery Production
4.2 Market Restraints
4.2.1 Cost of Manufacturing of Silicon Anode Batteries
4.3 Market Opportunities
4.3.1 Importance of Silicon Anode Batteries in Electric Automotive Industry
4.4 Future Trend
4.4.1 Encouraging OEMs and End-Users to Adopt Silicon Anode Batteries
4.5 Impact Analysis of Drivers and Restraints
5. Silicon Anode Battery Market - Europe Market Analysis
5.1.1 Europe: Silicon Anode Battery Market - Revenue and Forecast to 2027 (US$ Million)
6. Silicon Anode Battery Market Analysis - By Capacity
6.2 Silicon Anode Battery Market Breakdown, by Capacity, 2019 & 2027
6.3 Less Than 1500 mAh
6.4 mAh-2500 mAh
6.5 Above 2500 mAh
7. Silicon Anode Battery Market Analysis - By Application
7.2 Silicon Anode Battery Market Breakdown, by Application, 2019 & 2027
7.4 Consumer Electronics
7.5 Medical Devices
7.6 Energy and Power
7.8 Other Applications
8. Silicon Anode Battery Market - Country Analysis
8.2 Europe: Impact assessment of COVID-19 Pandemic
9. Silicon Anode Battery Market - Industry Landscape
9.2 Market Initiative
9.3 New Product Development
9.4 Merger and Acquisition
10. Company Profiles
Daejoo Electronic Materials Co., Ltd.
Hitachi Chemical Company, Ltd.
Huawei Technologies Co., Ltd.
Shin-Etsu Chemical Co., Ltd
Targray Technology International
For more information about this report visit https://www.researchandmarkets.com/r/22gwn7
View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005819/en/
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