Performance Meets Sustainability – Can Advanced Batteries Facilitate Energy Transition?
Advanced batteries are the sophisticated versions of batteries to improve the performance and economics of energy storage and conversion devices. They demonstrate unique battery chemistries to enable the effective use of renewable energy sources without compromising performance. These batteries are touted to store more energy per unit volume and weight, as well as consist of sustainable electrode-electrolyte materials that could potentially withstand multiple charge-discharge cycles.
The advanced batteries market report highlights the current state of play and the future potential of advanced batteries (secondary batteries) in empowering a wide range of outcome-oriented use cases across industries such as electronics, energy & utilities, manufacturing, and transportation.
Technology Decoding
As the world targets emissions-free energy, advanced batteries gain momentum to integrate performance with sustainability. They are becoming critical to creating renewably powered products that can help the world meet net-zero goals. Their novel chemistries and unique designs push forward new industry applications.
The Road Ahead
Battery technologies will advance backed by a growing shift toward digitalization in battery manufacturing, clean energy requirements, and increasing demand for lighter EVs. The scarcity of raw materials like lithium will drive the development of alternative battery chemistries.
IP Landscaping
Patent activity sees a boom for higher performance and more sustainable batteries. China leads the pack followed by Japan and South Korea. LG, Samsung, and Toyota are the top filers innovating around new charging systems for EVs, lithium battery chemistries, and non-flammable electrolytes.
Media & Trend Analysis
Business leaders laud advanced batteries for their potential to significantly contribute to a low-carbon economy. Public companies increasingly mention new battery materials for electric vehicles (EVs) and portable electronics in their filings. Active jobs rise in number for new product development and supply chain planning.
Investment Radar
VC investments are more inclined towards lithium-based chemistries such as lithium nickel manganate, lithium-ion, and lithium-metal. China dominates the global VC funding to build cobalt-free batteries. Big corporations target startups with fast charging battery solutions.
Innovation Explorer
Companies explore novel battery chemistries and designs to offer superior energy storage, enhanced safety, maximum reliability, and sustainability. Big companies collaborate with battery vendors and research organizations to accelerate new battery development.
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Scope
- Technology Decoding: presents key drivers in the advancement of batteries, an overview of advanced batteries, innovative features, and applications, chemistries considered in the scope of the report, key players in the battery ecosystem, major industries, and relevant use cases, and prominent enterprises across these industries
- Media & Trend Analysis: highlights the presentation of advanced batteries from the media perspective – major news and lauds from social media promoting the technology. It also includes mentions of advanced batteries in company annual filings and hiring trends.
- Investment Radar: outlines the total investment trends, venture capital investment trends, leading investors, corporate investors, and investees, and prominent acquisition initiatives
- Innovation Explorer: introduces game-changing company innovations with a spotlight on mid-sized companies and startups. Select corporate-startup partnerships and notable research initiatives inclined at future product developments are presented.
- IP Landscaping: provides a broad-level analysis of the trends in patent filings and grants, technology leaders, filing trends by technology and industry, priority countries, and some interesting patents of advanced batteries from corporations and startups.
- The Road Ahead: summarizes the drivers and challenges, strategies to address challenges, digitalization impact on battery manufacturing, regulatory landscape, future business scopes and models, new concepts emerging as a result, and outlook
Key Highlights
Advanced batteries overview and high impact industries, major players across the battery ecosystem providing innovative solutions in each industry, the noise created in the media, VC investment trends, examples related to the novel chemistries, and unique designs of advanced batteries in electronics, energy & utilities, manufacturing, transportation, and others, trends in patent filings and grants, factors driving and challenging the adoption of advanced batteries, regulatory bottlenecks, the impact of digitalization in battery manufacturing, and the future potential of advanced batteries in the next few years.
Reasons to Buy
GlobalData’s FutureTech Series Reports are aimed at capturing futuristic technologies which have the potential to disrupt tomorrow. These technologies are constantly changing, adapting, and progressing to enable a paradigm shift in our daily lives. The awareness, knowledge, and expertise of these topics help transform business models and strategic thinking with an in-depth understanding of megatrends that can directly influence patenting, collaboration, acquisition, and investment decisions.
Key Players
Table of Contents
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