Sodium-Ion Batteries Market – A Global and Regional Analysis: Focus on Technology, Application, and Region – Analysis and Forecast, 2022-2031

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The global sodium-ion batteries market is projected to reach $4,368.0 million by 2031 from $528.0 million in 2021, growing at a CAGR of 25.91% during the forecast period 2022-2031.

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Description

Sodium-Ion Batteries Industry Overview

The global sodium-ion batteries market is projected to reach $4,368.0 million by 2031 from $528.0 million in 2021, growing at a CAGR of 25.91% during the forecast period 2022-2031.

The sodium-ion batteries market is expected to grow at a healthy growth rate because of the inherent benefits of sodium-ion batteries, the fast installation of intermittent energy sources such as wind and solar, as well as the growing acceptance of low-speed electric vehicles such as e-bikes and e-rickshaws. According to the National Institution for Transforming India, demand for grid storage batteries in India is expected to rise to 260-gigawatt hours (GWh) by 2030.

India aims to generate 50% of its energy needs from renewable sources by 2030, resulting in a substantial demand for storage batteries. Furthermore, the International Energy Agency (IEA) anticipates that solar photovoltaic (PV), wind, and hydro are expected to generate roughly 80% of the world’s electricity by 2050. Since sodium-ion batteries are a significant energy storage technology with additional advantages, the growing solar and wind energy industries are expected to create considerable opportunities for the sodium-ion batteries market.

Market Lifecycle Stage

Sodium-ion batteries are a type of energy storage technology in which electrochemical cells with positive and negative electrodes are used. With operable temperatures ranging from -30°C to 60°C, sodium-ion batteries have higher operating safety than lithium-ion batteries, resulting in greater thermal durability than other battery chemistries. Furthermore, sodium-ion batteries can be discharged to zero volts to prevent accidents while in transit, lowering shipping expenses.

Sodium battery technologies have gained market traction and may be competitive with lithium-ion batteries in the coming years. However, in most countries, the commercialization and supply chain for sodium-ion batteries is still in the early stages. Most sodium-ion batteries are prototypes or in research and development (R&D); thus, the current market is dominated by other batteries such as lead-acid and lithium-ion batteries. With additional players entering the ecosystem in the coming years, the sodium-ion batteries industry is expected to expand significantly.

Increased research and development efforts are being undertaken to improve the energy density of sodium-ion batteries and develop new electrolyte technologies, which are growing in response to rising public concern and government restrictions associated with a spike in lithium-ion price and emissions. For instance, in August 2022, Scientists in Japan developed sodium-ion batteries utilizing carbon micro lattices produced with a low-cost three-dimensional (3D) printer. In addition to reducing the size of the battery and lowering production costs, the resultant anode allows for rapid transit of energy-generating ions.

Impact

With an increased worldwide focus on limited availability and high mining costs of lithium and lithium-based component, the shift to sustainable and cost-effective technologies brings significant sales and financing opportunities for sodium-ion batteries. This shift was prominently experienced in regions such as North America, Europe, and some Asian countries.

Impact of COVID-19

The global lockdown due to the COVID-19 epidemic resulted in disruptions in manufacturing activity, supply chain, and production halts, which negatively impacted the sodium-ion batteries market in 2020. Furthermore, various end-use sectors such as automotive, industrial, and others shut down their operations, resulting in lower demand for batteries in 2020. The major sodium ion battery manufacturers’ sales reactions during the pandemic were inconsistent. In addition, COVID-19 had a significant impact on the renewable energy industry all over the world, and as a result, the growth of renewable technology decreased in 2020. The pandemic posed significant risks to the solar energy sector because of a decline in economic activity. This drop also affected the market for sodium-ion batteries, which are primarily used in the solar energy sector as large-scale stationary storage systems.

Market Segmentation:

Segmentation 1: by Application

• Transportation
• Consumer Electronics
• Large Scale Stationary Energy Storage
• Industrial

In 2021, the sodium-ion batteries market in the application sector segment was dominated by large scale stationary energy storage, owning to the consistent expansion of renewable energy capacity globally.

Segmentation 2: by Technology

• Aqueous
• Non-aqueous

In 2021, the sodium-ion batteries market was estimated to be led by non-aqueous in terms of technology, owning to its high electrochemical stability that exceeds 4 volts (V).

Segmentation 3: by Region

• North America – U.S., Canada, and Mexico
• Europe – Germany, France, Italy, Spain, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan – Japan, India, Australia, and Rest-of-Asia-Pacific
• Rest-of-the-World

North America led the sodium-ion batteries market in 2021 and is anticipated to uphold its dominance throughout the forecast period (2022-2031).

Recent Developments in Sodium-Ion Batteries Market

• In April 2022, AMTE Power plc joined forces with Sprint Power and Eltrium to accelerate the development of next-generation battery technologies to meet the expanding and complex needs of the electric vehicle (EV) market.
• In June 2021, HiNa Battery Technology Co., Ltd., in collaboration with the Chinese Academy of Sciences (IOP-CAS), installed a 1 MWh sodium-ion battery (NIB)-based solar energy storage and intelligent micro-grid system in Taiyuan, China. The micro-grid system uses sodium-ion batteries as its main energy storage component and combines grid electricity, solar cells, and charging stations.
• In March 2021, Infraprime Logistics Technologies (IPLTech) and Faradion Limited joined forces to offer high-energy sodium-ion batteries for commercial vehicles in India.
• In June 2021, Altris AB, in collaboration with LiFeSiZE AB, developed a sodium-ion battery cell. The cell matches the performance, life cycle, and energy density of a lithium-ion battery. The battery is based on Altris’ innovative Fennac cathode technology.

Demand – Drivers and Limitations

Following are the demand drivers for the sodium-ion batteries market:

• Rising Renewable Energy Generation
• Increasing R&D Activities on Sodium-Ion Batteries

The market is expected to face some limitations due to the following challenges:

• Lack of Industrial Supply Chain
• Intense Competition from Other Advanced Battery Technologies

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the technology used in manufacturing sodium-ion batteries, including aqueous and non-aqueous. Moreover, the study provides the reader with a detailed understanding of the sodium-ion batteries market by different application sectors (transportation, consumer electronics, large scale stationary energy storage, and industrial).

Growth/Marketing Strategy: The sodium-ion batteries market has seen development by key players operating in the market, such as product launch, business expansion, partnership, collaboration, acquisition, and joint venture. The favored strategy for the companies has been product launch and collaboration to strengthen their position in the sodium-ion batteries market.

For instance, in July 2021, Natron Energy, Inc. launched Uninterruptible Power System (UPS) featuring Natron’s sodium-ion batteries by Xtreme Power Conversion. The new Xtreme Power P91L UPS is available in three kilowatts (kW) and five kilowatts (kW) capacities, with 120 and 208/220/230/240V alternating current (AC), 50/60Hz operation, and is specially designed to accept Natron’s BlueTray 4000 48V direct current (DC) battery as backup power.

Competitive Strategy: Key players in the sodium-ion batteries market analyzed and profiled in the study involve sodium-ion batteries manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the sodium-ion batteries market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the sodium-ion batteries market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzes of company coverage, product portfolio, and market penetration.

Some prominent names established in this market are:

• Aquion Energy
• Faradion Limited
• HiNa Battery Technology Co., Ltd
• Ben’an Energy Technology (Shanghai) Co., Ltd
• AMTE Power plc
• Natron Energy, Inc.
• Tiamat Energy
• Jiangsu Zhongna Energy Technology Co., Ltd.
• Contemporary Amperex Technology Co. Limited (CATL)
• Li-FUN Technology Corporation Limited
• BLUETTI Power Inc.
• Indigenous Energy Storage Technologies Pvt. Ltd. (Indi Energy)
• Altris AB
• NEI Corporation
• Blackstone Technology GmbH

Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Base Year

2022

Base Market Size

$549.2 Million in 2022

Currency

USD

Forecast Year

2031

Market Size Forecast

$4, 368.0 Million by 2031

CAGR

25.91%

Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Lower Cost of Sodium-Ion Batteries Compared to Its Counterparts
1.1.1.2 Growing Support from Government through Investment in Advanced Energy Storage Technologies
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on the Sodium-Ion Batteries Market
1.1.5 Comparative Product Benchmarking
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Rising Renewable Energy Generation
1.2.1.2 Increasing R&D Activities on Sodium-Ion Batteries
1.2.2 Business Challenges
1.2.2.1 Lack of Industrial Supply Chain
1.2.2.2 Intense Competition from Other Advanced Battery Technologies
1.2.3 Business Strategies
1.2.3.1 Product Development
1.2.3.2 Market Development
1.2.4 Corporate Strategies
1.2.4.1 Partnerships and Joint Ventures
1.2.4.2 Collaborations and Alliances
1.2.4.3 Collaborations and Alliances, 2019-2022
1.2.5 Business Opportunities
1.2.5.1 Growing Demand for Budget Electric Cars
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
2 Application
2.1 Sodium-Ion Batteries Market (Applications and Specifications)
2.1.1 Sodium-Ion Batteries Market (by Application)
2.1.1.1 Transportation
2.1.1.2 Consumer Electronics
2.1.1.3 Large Scale Stationary Energy Storage
2.1.1.4 Industrial
2.2 Demand Analysis of Sodium-Ion Batteries Market (by Application), Value and Volume Data
3 Product
3.1 Sodium-Ion Batteries Market (Products and Specifications)
3.1.1 Sodium-Ion Batteries Market (by Technology)
3.1.2 Aqueous
3.1.3 Non-Aqueous
3.2 Demand Analysis of Sodium-Ion Batteries Market (by Technology), Value and Volume Data
3.3 Product Benchmarking: Growth Rate – Market Share Matrix, 2021
3.4 Patent Analysis
3.4.1 Patent Analysis (by Status)
3.4.2 Patent Analysis (by Company)
3.5 Global and Regional Level: Average Pricing Analysis
4 Regions
4.1 North America
4.1.1 Market
4.1.1.1 Key Manufacturers/Suppliers in North America
4.1.1.2 Business Drivers
4.1.1.3 Business Challenges
4.1.2 Applications
4.1.2.1 North America Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.1.3 Products
4.1.3.1 North America Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.1.4 North America (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Manufacturers/Suppliers in the U.S.
4.1.4.1.1.3 Regulatory Landscape
4.1.4.1.1.4 Business Drivers
4.1.4.1.1.5 Business Challenges
4.1.5 Applications
4.1.5.1 U.S. Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.1.6 Products
4.1.6.1 U.S. Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.1.6.2 Canada
4.1.6.2.1 Market
4.1.6.2.1.1 Buyer Attributes
4.1.6.2.1.2 Business Drivers
4.1.6.2.1.3 Business Challenges
4.1.7 Applications
4.1.7.1 Canada Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.1.8 Products
4.1.8.1 Canada Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.1.8.2 Mexico
4.1.8.2.1 Market
4.1.8.2.1.1 Buyer Attributes
4.1.8.2.1.2 Business Drivers
4.1.8.2.1.3 Business Challenges
4.1.9 Applications
4.1.9.1 Mexico Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.1.10 Products
4.1.10.1 Mexico Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.2 Europe
4.2.1 Market
4.2.1.1 Key Manufacturers/Suppliers in Europe
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Applications
4.2.2.1 Europe Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.2.3 Products
4.2.3.1 Europe Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.2.4 Europe (by Country)
4.2.4.1 Germany
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Manufacturers/Suppliers in Germany
4.2.4.1.1.3 Business Drivers
4.2.4.1.1.4 Business Challenges
4.2.5 Applications
4.2.5.1 Germany Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.2.6 Products
4.2.6.1 Germany Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.2.6.2 France
4.2.6.2.1 Market
4.2.6.2.1.1 Buyer Attributes
4.2.6.2.1.2 Key Manufacturers/Suppliers in France
4.2.6.2.1.3 Business Drivers
4.2.6.2.1.4 Business Challenges
4.2.7 Applications
4.2.7.1 France Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.2.8 Products
4.2.8.1 France Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.2.8.2 Italy
4.2.8.2.1 Market
4.2.8.2.1.1 Buyer Attributes
4.2.8.2.1.2 Key Manufacturers/Suppliers in Italy
4.2.8.2.1.3 Business Drivers
4.2.8.2.1.4 Business Challenges
4.2.9 Applications
4.2.9.1 Italy Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.2.10 Products
4.2.10.1 Italy Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.2.10.2 Spain
4.2.10.2.1 Market
4.2.10.2.1.1 Buyer Attributes
4.2.10.2.1.2 Key Manufacturers/Suppliers in Spain
4.2.10.2.1.3 Business Drivers
4.2.10.2.1.4 Business Challenges
4.2.11 Applications
4.2.11.1 Spain Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.2.12 Products
4.2.12.1 Spain Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.2.12.2 Rest-of-Europe (RoE)
4.2.12.2.1 Market
4.2.12.2.1.1 Buyer Attributes
4.2.12.2.1.2 Key Manufacturers/Suppliers in Rest-of-Europe
4.2.12.2.1.3 Business Drivers
4.2.12.2.1.4 Business Challenges
4.2.13 Applications
4.2.13.1 Rest-of-Europe Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.2.14 Products
4.2.14.1 Rest-of-Europe Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyer Attributes
4.3.1.2 Key Manufacturers/Suppliers in the U.K.
4.3.1.3 Business Drivers
4.3.1.4 Business Challenges
4.3.2 Applications
4.3.2.1 U.K. Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.3.3 Products
4.3.3.1 U.K. Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers/Suppliers in China
4.4.1.3 Business Drivers
4.4.1.4 Business Challenges
4.4.2 Applications
4.4.2.1 China Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.4.3 Products
4.4.3.1 China Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.5 Asia-Pacific and Japan
4.5.1 Market
4.5.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan
4.5.1.2 Business Drivers
4.5.1.3 Business Challenges
4.5.2 Applications
4.5.2.1 Asia-Pacific and Japan Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.5.3 Products
4.5.3.1 Asia-Pacific and Japan Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.5.4 Asia-Pacific and Japan (by Country)
4.5.4.1 Japan
4.5.4.1.1 Market
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Key Manufacturers/Suppliers in Japan
4.5.4.1.1.3 Business Drivers
4.5.4.1.1.4 Business Challenges
4.5.5 Applications
4.5.5.1 Japan Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.5.6 Products
4.5.6.1 Japan Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.5.6.2 India
4.5.6.2.1 Market
4.5.6.2.1.1 Buyer Attributes
4.5.6.2.1.2 Key Manufacturers/Suppliers in India
4.5.6.2.1.3 Business Drivers
4.5.6.2.1.4 Business Challenges
4.5.7 Applications
4.5.7.1 India Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.5.8 Products
4.5.8.1 India Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.5.8.2 Australia
4.5.8.2.1 Market
4.5.8.2.1.1 Buyer Attributes
4.5.8.2.1.2 Key Manufacturers/Suppliers in Australia
4.5.8.2.1.3 Business Drivers
4.5.8.2.1.4 Business Challenges
4.5.9 Applications
4.5.9.1 Australia Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.5.10 Products
4.5.10.1 Australia Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.5.10.2 Rest-of-Asia-Pacific
4.5.10.2.1 Market
4.5.10.2.1.1 Buyer Attributes
4.5.10.2.1.2 Key Manufacturers/Suppliers in Rest-of-Asia-Pacific
4.5.10.2.1.3 Business Drivers
4.5.10.2.1.4 Business Challenges
4.5.11 Applications
4.5.11.1 Rest-of-Asia-Pacific Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.5.12 Products
4.5.12.1 Rest-of-Asia-Pacific Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.6 Rest-of-the-World
4.6.1 Market
4.6.1.1 Key Manufacturers/Suppliers in Rest-of-the-World
4.6.1.2 Business Drivers
4.6.1.3 Business Challenges
4.6.2 Applications
4.6.2.1 Rest-of-the-World Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.6.3 Products
4.6.3.1 Rest-of-the-World Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.6.4 Rest-of-the-World (by Country)
4.6.4.1 South America
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Business Drivers
4.6.4.1.1.3 Business Challenges
4.6.5 Applications
4.6.5.1 South America Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.6.6 Products
4.6.6.1 South America Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
4.6.6.2 Middle East and Africa
4.6.6.2.1 Market
4.6.6.2.1.1 Buyer Attributes
4.6.6.2.1.2 Key Manufacturers/Suppliers in the Middle East and Africa
4.6.6.2.1.3 Business Drivers
4.6.6.2.1.4 Business Challenges
4.6.7 Applications
4.6.7.1 Middle East and Africa Sodium-Ion Batteries Market ( by Application), Volume and Value Data
4.6.8 Products
4.6.8.1 Middle East and Africa Sodium-Ion Batteries Market ( by Technology), Volume and Value Data
5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.1.1 Competitive Position Matrix
5.1.2 Product Matrix for Key Companies
5.1.3 Market Share Analysis of Key Companies
5.2 Company Profiles
5.2.1 Aquion Energy
5.2.1.1 Company Overview
5.2.1.1.1 Role of Aquion Energy in the Sodium-Ion Batteries Market
5.2.1.1.2 Product Portfolio
5.2.1.1.3 Production Sites
5.2.1.2 Analyst View
5.2.2 Faradion Limited
5.2.2.1 Company Overview
5.2.2.1.1 Role of Faradion Limited in the Sodium-Ion Batteries Market
5.2.2.1.2 Product Portfolio
5.2.2.2 Corporate Strategies
5.2.2.2.1 Partnerships and Joint Ventures
5.2.2.2.2 Collaborations and Alliances
5.2.2.3 Analyst View
5.2.3 HiNa Battery Technology Co., Ltd
5.2.3.1 Company Overview
5.2.3.1.1 Role of HiNa Battery Technology Co., Ltd in the Sodium-Ion Batteries Market
5.2.3.1.2 Product Portfolio
5.2.3.1.3 Production Sites
5.2.3.2 Business Strategies
5.2.3.2.1 Market Development
5.2.3.3 Analyst View
5.2.4 Ben’an Energy Technology (Shanghai) Co., Ltd
5.2.4.1 Company Overview
5.2.4.1.1 Role of Ben’an Energy Technology (Shanghai) Co., Ltd in the Sodium-Ion Batteries Market
5.2.4.1.2 Product Portfolio
5.2.4.1.3 Production Sites
5.2.4.2 Business Strategies
5.2.4.2.1 Product Development
5.2.4.3 Analyst View
5.2.5 AMTE Power plc
5.2.5.1 Company Overview
5.2.5.1.1 Role of AMTE Power plc in the Sodium-Ion Batteries Market
5.2.5.1.2 Product Portfolio
5.2.5.1.3 Production Sites
5.2.5.2 Business Strategies
5.2.5.2.1 Product Development
5.2.5.2.2 Market Development
5.2.5.3 R&D Analysis
5.2.5.4 Analyst View
5.2.6 Natron Energy, Inc.
5.2.6.1 Company Overview
5.2.6.1.1 Role of Natron Energy, Inc. in the Sodium-Ion Batteries Market
5.2.6.1.2 Product Portfolio
5.2.6.1.3 Production Sites
5.2.6.2 Business Strategies
5.2.6.2.1 Product Development
5.2.6.2.2 Market Development
5.2.6.3 Corporate Strategies
5.2.6.3.1 Partnerships and Joint Ventures
5.2.6.3.2 Collaborations and Alliances
5.2.6.4 Analyst View
5.2.7 Tiamat Energy
5.2.7.1 Company Overview
5.2.7.1.1 Role of Tiamat Energy in the Sodium-Ion Batteries Market
5.2.7.1.2 Product Portfolio
5.2.7.2 Analyst View
5.2.8 Jiangsu Zhongna Energy Technology Co., Ltd.
5.2.8.1 Company Overview
5.2.8.1.1 Role of Jiangsu Zhongna Energy Technology Co., Ltd. in the Sodium-Ion Batteries Market
5.2.8.1.2 Product Portfolio
5.2.8.2 Analyst View
5.2.9 Contemporary Amperex Technology Co. Limited (CATL)
5.2.9.1 Company Overview
5.2.9.1.1 Role of Contemporary Amperex Technology Co. Limited (CATL) in the Sodium-Ion Batteries Market
5.2.9.1.2 Product Portfolio
5.2.9.2 Analyst View
5.2.10 Li-FUN Technology Corporation Limited
5.2.10.1 Company Overview
5.2.10.1.1 Role of Li-FUN Technology Corporation Limited in the Sodium-Ion Batteries Market
5.2.10.1.2 Product Portfolio
5.2.10.2 Analyst View
5.2.11 BLUETTI Power Inc.
5.2.11.1 Company Overview
5.2.11.1.1 Role of BLUETTI Power Inc. in the Sodium-Ion Batteries Market
5.2.11.1.2 Product Portfolio
5.2.11.2 Analyst View
5.2.12 Indigenous Energy Storage Technologies Pvt. Ltd. (Indi Energy)
5.2.12.1 Company Overview
5.2.12.1.1 Role of Indigenous Energy Storage Technologies Pvt. Ltd. in the Sodium-Ion Batteries Market
5.2.12.1.2 Product Portfolio
5.2.12.2 Analyst View
5.2.13 Altris AB
5.2.13.1 Company Overview
5.2.13.1.1 Role of Altris AB in the Sodium-Ion Batteries Market
5.2.13.1.2 Product Portfolio
5.2.13.2 Business Strategies
5.2.13.2.1 Market Development
5.2.13.3 Corporate Strategies
5.2.13.3.1 Collaborations and Alliances
5.2.13.4 Analyst View
5.2.14 NEI Corporation
5.2.14.1 Company Overview
5.2.14.1.1 Role of NEI Corporation in the Sodium-Ion Batteries Market
5.2.14.1.2 Product Portfolio
5.2.14.1.3 Production Sites
5.2.14.2 Business Strategies
5.2.14.2.1 Product Development
5.2.14.3 Analyst View
5.2.15 Blackstone Technology GmbH
5.2.15.1 Company Overview
5.2.15.1.1 Role of Blackstone Technology GmbH Resources in the Sodium-Ion Batteries Market
5.2.15.1.2 Product Portfolio
5.2.15.2 Analyst View
6 Research Methodology
6.1 Primary Data Sources
6.2 BIS Research Sources
6.3 Top-Down and Bottom-Up Approach
6.4 Assumptions and Limitations
List of Figures
Figure 1: Sodium-Ion Batteries Market Snapshot, $Million, 2021, 2022, and 2031
Figure 2: Sodium-Ion Batteries Market (by Application), $Million, 2021 and 2031
Figure 3: Sodium-Ion Batteries Market (by Technology), $Million, 2021 and 2031
Figure 4: Sodium-Ion Batteries Market (by Region), $Million, 2021 and 2031
Figure 5: Sodium-Ion Batteries Market Coverage
Figure 6: Global Electric Vehicle Sales (by Scenario), Million Units, 2020-2030
Figure 7: Supply Chain Analysis of Sodium-Ion Batteries Market
Figure 8: Clean Energy Investment in the Net Zero Pathway, $Trillion, 2016-2050
Figure 9: Average Annual Net Renewable Capacity Additions, Gigawatt (GW), 2011-2022
Figure 10: Product Benchmarking (by Technology)
Figure 11: Patent Analysis (by Year), January 2019-December 2021
Figure 12: Patent Analysis (by Status), January 2019-December 2021
Figure 13: Share of Patent Analysis (by Company), January 2019-December 2021
Figure 14: North America Total Renewable Energy Capacity, Megawatt (MW), 2018-2021
Figure 15: U.S. Total Renewable Energy Capacity, Megawatt (MW), 2018-2021
Figure 16: AMTE Power plc: R&D Expenditure, $Million, 2020-2021
Figure 17: Research Methodology
Figure 18: Top-Down and Bottom-Up Approach
Figure 19: Influencing Factors of Sodium-Ion Batteries Market
Figure 20: Assumptions and Limitations
List of Tables
Table 1: Comparative Product Benchmarking
Table 2: Comparative Analysis of Raw Materials
Table 3: Key Product Development, 2019-2022
Table 4: Key Market Development, 2019-2022
Table 5: Partnerships and Joint Ventures, 2019-2022
Table 6: Global Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 7: Global Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 8: Global Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 9: Global Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 10: Sodium-Ion Batteries Market: Global Level- Average Pricing Analysis, ($/KWh), 2021-2031
Table 11: Sodium-Ion Batteries Average Pricing Analysis (by Region), ($/KWh), 2021-2031
Table 12: North America Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 13: North America Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 14: North America Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 15: North America Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 16: U.S. Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 17: U.S. Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 18: U.S. Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 19: U.S. Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 20: Canada Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 21: Canada Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 22: Canada Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 23: Canada Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 24: Mexico Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 25: Mexico Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 26: Mexico Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 27: Mexico Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 28: Europe Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 29: Europe Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 30: Europe Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 31: Europe Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 32: Germany Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 33: GermanySodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 34: Germany Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 35: Germany Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 36: France Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 37: France Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 38: France Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 39: France Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 40: Italy Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 41: Italy Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 42: Italy Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 43: Italy Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 44: Spain Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 45: Spain Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 46: Spain Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 47: Spain Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 48: Rest-of-Europe Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 49: Rest-of-Europe Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 50: Rest-of-Europe Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 51: Rest-of-Europe Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 52: U.K. Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 53: U.K. Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 54: U.K. Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 55: U.K. Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 56: China Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 57: China Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 58: China Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 59: China Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 60: Asia-Pacific and Japan Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 61: Asia-Pacific and Japan Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 62: Asia-Pacific and Japan Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 63: Asia-Pacific and Japan Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 64: Japan Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 65: Japan Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 66: Japan Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 67: Japan Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 68: India Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 69: India Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 70: India Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 71: India Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 72: Australia Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 73: Australia Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 74: Australia Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 75: Australia Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 76: Rest-of-Asia-Pacific Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 77: Rest-of-Asia-Pacific Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 78: Rest-of-Asia-Pacific Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 79: Rest-of-Asia-Pacific Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 80: Rest-of-the-World Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 81: Rest-of-the-World Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 82: Rest-of-the-World Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 83: Rest-of-the-World Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 84: South America Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 85: South America Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 86: South America Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 87: South America Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 88: Middle East and Africa Sodium-Ion Batteries Market (by Application), KWh, 2021-2031
Table 89: Middle East and Africa Sodium-Ion Batteries Market (by Application), $Million, 2021-2031
Table 90: Middle East and Africa Sodium-Ion Batteries Market (by Technology), KWh, 2021-2031
Table 91: Middle East and Africa Sodium-Ion Batteries Market (by Technology), $Million, 2021-2031
Table 92: Product Matrix for Key Companies
Table 93: Market Share of Key Companies
Table 94: Aquion Energy: Product Portfolio
Table 95: Faradion Limited: Product Portfolio
Table 96: Faradion Limited: Partnerships and Joint Ventures
Table 97: Faradion Limited: Collaborations and Alliances
Table 98: HiNa Battery Technology Co., Ltd: Product Portfolio
Table 99: HiNa Battery Technology Co., Ltd: Market Development
Table 100: Ben’an Energy Technology (Shanghai) Co., Ltd: Product Portfolio
Table 101: Ben’an Energy Technology (Shanghai) Co., Ltd: Product Development
Table 102: AMTE Power plc: Product Portfolio
Table 103: AMTE Power plc: Product Development
Table 104: AMTE Power plc: Market Development
Table 105: Natron Energy, Inc.: Product Portfolio
Table 106: Natron Energy, Inc.: Product Development
Table 107: Natron Energy, Inc.: Market Development
Table 108: Natron Energy, Inc.: Partnerships and Joint Ventures
Table 109: Natron Energy, Inc.: Collaborations and Alliances
Table 110: Tiamat Energy: Product Portfolio
Table 111: Jiangsu Zhongna Energy Technology Co., Ltd: Product Portfolio
Table 112: Contemporary Amperex Technology Co. Limited (CATL): Product Portfolio
Table 113: Li-FUN Technology Corporation Limited: Product Portfolio
Table 114: BLUETTI Power Inc.: Product Portfolio
Table 115: Indigenous Energy Storage Technologies Pvt. Ltd.: Product Portfolio
Table 116: Altris AB: Product Portfolio
Table 117: Altris AB: Market Development
Table 118: Altris AB: Collaborations and Alliances
Table 119: NEI Corporation: Product Portfolio
Table 120: NEI Corporation: Product Development
Table 121: Blackstone Technology GmbH: Product Portfolio

Companies Mentioned

Aquion Energy
Faradion Limited
HiNa Battery Technology Co., Ltd
Ben’an Energy Technology (Shanghai) Co., Ltd
AMTE Power plc
Natron Energy, Inc.
Tiamat Energy
Jiangsu Zhongna Energy Technology Co., Ltd.
Contemporary Amperex Technology Co. Limited (CATL)
Li-FUN Technology Corporation Limited
BLUETTI Power Inc.
Indigenous Energy Storage Technologies Pvt. Ltd. (Indi Energy)
Altris AB
NEI Corporation
Blackstone Technology GmbH

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