What is the market size for the sodium ion battery market?

The Market is expected to grow by $ 414.4 mn in 2024-2028. <a href='https://www.technavio.com/report/sodium-ion-battery-market-industry-analysis'>Read More</a>

What is the CAGR for the sodium ion battery market?

17.33% CAGR with $ 414.4 mn Momentum. <a href='https://www.technavio.com/report/sodium-ion-battery-market-industry-analysis'>Read More</a>

What is the growth rate of the Sodium Ion Battery Market market?

17.33% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/sodium-ion-battery-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Sodium Ion Battery Market market?

APAC with 38% of the market growth. <a href='https://www.technavio.com/report/sodium-ion-battery-market-industry-analysis'>Read More</a>

Who are the prominent players in the Sodium Ion Battery Market market?

Altris AB, AMTE Power plc, Aquion Energy, Contemporary Amperex Technology Co. Ltd., Faradion Ltd, HiNa Battery Technology Co. Ltd., Natron Energy Inc., NEI Corp., NGK .... <a href='https://www.technavio.com/report/sodium-ion-battery-market-industry-analysis'>Read More</a>

Sodium Ion Battery Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Dec 2023
Pages: 140
SKU: IRTNTR77092

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Sodium Ion Battery Market Size 2024-2028

The sodium ion battery market size is forecast to increase by USD 414.4 million at a CAGR of 17.33% between 2023 and 2028. The sodium-ion battery market is experiencing significant growth due to the rising demand for consumer electronics featuring high-capacity and lightweight batteries. The increasing electricity demand in various industries, such as telecommunications and data centers, is driving the need for reliable and efficient energy storage solutions. Sodium-ion batteries offer an attractive alternative to lithium-ion batteries due to their lower life cycle costs and the abundance of sodium resources. Additionally, the integration of sodium-ion batteries into smart grids is expected to enhance the overall efficiency and stability of electricity distribution networks. However, the lower energy density and shorter cycle life of sodium-ion batteries compared to lithium-ion batteries remain challenges that need to be addressed to fully realize their potential in various applications.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global sodium ion battery market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global sodium ion battery market 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Industrial - Market size and forecast 2023-2028
- Exhibit 34: Chart on Industrial - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Industrial - Year-over-year growth 2023-2028 (%)

6.4 Commercial - Market size and forecast 2023-2028
- Exhibit 38: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Commercial - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Commercial - Year-over-year growth 2023-2028 (%)

6.5 Residential - Market size and forecast 2023-2028
- Exhibit 42: Chart on Residential - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Residential - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Residential - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ million)
- Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Exhibit 50: Chart on Comparison by End-user
- Exhibit 51: Data Table on Comparison by End-user

7.3 Stationary energy storge - Market size and forecast 2023-2028
- Exhibit 52: Chart on Stationary energy storge - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Stationary energy storge - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Stationary energy storge - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Stationary energy storge - Year-over-year growth 2023-2028 (%)

7.4 Transportation - Market size and forecast 2023-2028
- Exhibit 56: Chart on Transportation - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Transportation - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Transportation - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Transportation - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Japan - Market size and forecast 2023-2028
- Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 Altris AB
- Exhibit 115: Altris AB - Overview
- Exhibit 116: Altris AB - Product / Service
- Exhibit 117: Altris AB - Key offerings

12.4 AMTE Power plc
- Exhibit 118: AMTE Power plc - Overview
- Exhibit 119: AMTE Power plc - Product / Service
- Exhibit 120: AMTE Power plc - Key offerings

12.5 Aquion Energy
- Exhibit 121: Aquion Energy - Overview
- Exhibit 122: Aquion Energy - Product / Service
- Exhibit 123: Aquion Energy - Key offerings

12.6 Contemporary Amperex Technology Co. Ltd.
- Exhibit 124: Contemporary Amperex Technology Co. Ltd. - Overview
- Exhibit 125: Contemporary Amperex Technology Co. Ltd. - Product / Service
- Exhibit 126: Contemporary Amperex Technology Co. Ltd. - Key offerings

12.7 Faradion Ltd
- Exhibit 127: Faradion Ltd - Overview
- Exhibit 128: Faradion Ltd - Product / Service
- Exhibit 129: Faradion Ltd - Key offerings

12.8 HiNa Battery Technology Co. Ltd.
- Exhibit 130: HiNa Battery Technology Co. Ltd. - Overview
- Exhibit 131: HiNa Battery Technology Co. Ltd. - Product / Service
- Exhibit 132: HiNa Battery Technology Co. Ltd. - Key offerings

12.9 Natron Energy Inc.
- Exhibit 133: Natron Energy Inc. - Overview
- Exhibit 134: Natron Energy Inc. - Product / Service
- Exhibit 135: Natron Energy Inc. - Key offerings

12.10 NEI Corp.
- Exhibit 136: NEI Corp. - Overview
- Exhibit 137: NEI Corp. - Product / Service
- Exhibit 138: NEI Corp. - Key offerings

12.11 NGK Insulators Ltd.
- Exhibit 139: NGK Insulators Ltd. - Overview
- Exhibit 140: NGK Insulators Ltd. - Business segments
- Exhibit 141: NGK Insulators Ltd. - Key offerings
- Exhibit 142: NGK Insulators Ltd. - Segment focus

12.12 Tiamat
- Exhibit 143: Tiamat - Overview
- Exhibit 144: Tiamat - Product / Service
- Exhibit 145: Tiamat - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 146: Inclusions checklist
- Exhibit 147: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 148: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 149: Research methodology
- Exhibit 150: Validation techniques employed for market sizing
- Exhibit 151: Information sources