• Register
  • Login
  • About Us
  • Contact Us
Tuesday, January 31, 2023
Kuwait 247 News Club
No Result
View All Result
SUBMIT NEWS
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
No Result
View All Result
Kuwait 247 News Club
Submit News
Home PRESS RELEASES

Lithium Silicon Battery Market worth $247 million by 2030

NEWSROOM by NEWSROOM
August 25, 2022
in PRESS RELEASES
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, August 25, 2022 ) The global lithium silicon battery market size is anticipated to grow from USD 10 million in 2022 to USD 247 million by 2030 at CAGR of 48.4%.The lithium silicon battery market is segmented based on material, technology, capacity, application, and region. The lithium silicon market growth is propelled by government initiatives for commercializing electric vehicles (EVs). The growth of the consumer electronics industry has also driven demand for compact batteries with increased capacity. Increasing investments in battery technologies have also supported market growth.

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78526836

Lithium silicon batteries have been commercialized in consumer electronics to a small extent; many companies are also targeting this application area for future products. Due to their compact, lightweight nature and the design flexibility offered, lithium silicon batteries have seen wide usage in consumer electronics. Thus, the segment dominates the applications market, followed by automotive. The growth of the consumer electronics segment is supported by rising technological advancement and increasing product launches. Newer electronics such as wearables, phones, laptops, consumer & delivery drones, and AR/VR devices will use lithium silicon batteries due to their higher energy density.

The 3,000–10,000 mAh segment is predicted to gain the largest market share in the forecast period. Batteries in this range are widely used in consumer electronics for products such as smartphones, laptops, commercial drones, medical devices, energy harvesting, entertainment, and wireless communication. The market for these products is rapidly rising, resulting in segment growth. The efficiency of products used in these applications depends on the properties and shelf life of the battery. Batteries of this capacity range are also expected to be ideal energy sources for consumer electronics in the coming years. These batteries can be assembled in a module format for applications requiring high capacity.

The medical devices application segment of the lithium silicon battery market accounted for a significant market share in the forecast period. Technological advancements in medicine and device miniaturization have generated opportunities for batteries in medical devices, such as wearables, implants, hearing aids, monitors, pacemakers, surgical tools, monitors, and meters. While most medical devices use lithium-ion batteries, advanced diminutive devices need smaller batteries with higher capacities. Thus, lithium silicon batteries are expected to replace Li-ion batteries in the coming years. The medical devices market is also governed by requirements from bodies like the US FDA, which specify standards for medical device batteries. For example, bioengineering devices require minute lithium-ion batteries. These devices are implanted within the body to help monitor and maintain health. As small lithium-ion batteries are insufficient to power them for long periods, the focus has shifted to lithium silicon batteries.

Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=78526836

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Source link

Previous Post

Flight Simulator Market Expected to Reach $10.3 billion by 2027 at a CAGR of 6.9%

Next Post

3D Printing Metals Market worth $3,159 million by 2024

Related News

UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

by NEWSROOM
January 28, 2023

 UV Tape Market(EMAILWIRE.COM, January 28, 2023 ) As per the Maximize Market research, a global business and consultancy firm, the...

CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

by NEWSROOM
January 28, 2023

 CO2 Gas Sensor Market(EMAILWIRE.COM, January 28, 2023 ) As per the Maximize Market research, a global business and consultancy firm,...

Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

by NEWSROOM
January 28, 2023

 Recreation Club Market(EMAILWIRE.COM, January 28, 2023 ) The Maximize Market report states, the global Recreation Club Market is expected to...

NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

by NEWSROOM
January 27, 2023

 Hajiya Nana Aisha Gambo during Outreach at Hausa Quarters in Warri Delta State(EMAILWIRE.COM, January 27, 2023 ) ABUJA, NIGERIA -...

Next Post
3D Printing Metals Market worth $3,159 million by 2024

3D Printing Metals Market worth $3,159 million by 2024

Pulse Ingredients Market is Expected to Grow $25.9 billion by 2027

Trending News

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

August 14, 2022
ZainTech partners with LigaData to deliver data-driven digital services in MENA

ZainTech partners with LigaData to deliver data-driven digital services in MENA

June 16, 2022
MTN Cameroon implements new data analytics and AI solution powered by LigaData

MTN Cameroon implements new data analytics and AI solution powered by LigaData

July 6, 2022

About

Kuwait247.Club™ gathers and publishes business, cultural, socio-economic, Tech and industrial news on Egypt, Middle East and North Africa (MENA).

Press release distribution services:
We provide press release distribution to media in Egypt, the Arab world and the GCC/MENA regions. Submit a press release today or contact us.

Share Us

Category

BUSINESS
ENTERTAINMENT
FASHION
FOOD
HEALTH
LIFESTYLE

SPORTS
TRAVEL
AFRICA
MIDDLE EAST
PRESS RELEASES

Newsletter

    Recent News

    Recent Posts
    • UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period
    • CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.
    • Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.
    • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    Kuwait247.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    About Us / Contact Us / Submit News

    No Result
    View All Result
    • REGISTER
    • LOGIN
    • HOME
    • BUSINESS
    • ENTERTAINMENT
    • FASHION
    • FOOD
    • HEALTH
    • LIFESTYLE
    • SPORTS
    • TRAVEL
    • MIDDLE EAST
    • PRESS RELEASES
    • ABOUT US
      • CONTACT US

    Kuwait247.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC