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Global Graphene Battery market share supercapacitors witness substantial growth during forecast period

More Information @ https://goo.gl/4Kg9ky <br>Global graphene battery market share from supercapacitors will witness substantial growth during forecast period. Supercapacitors possess superior charging abilities and greater shelf life, making them commercially viable product for investors and customers. Cell phone manufacturers are increasingly adopting supercapacitors as it increases the operating life of the product.<br>

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Global Graphene Battery market share supercapacitors witness substantial growth during forecast period

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  1. Global Graphene Battery Market revenue worth over $97mn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Graphene Battery Market: • Increasing electric vehicle demand and portable electronic device penetration trends will drive the global graphene battery market size. Graphene has higher heat resistance with improved recharging efficiency when compared with conventional material including lithium ion making them a safer option for electric vehicles. • Strict regulatory trends over carbon footprint and emission norms have had a positive impact. In 2008, the U.S. EPA introduced the National Emission Standard for Hazardous Air Pollutants to regulate the battery manufacturing process. NESHAP section 112(c)(3) lists battery manufacturing area to be regulation pursuant as it involves use of lead and cadmium. • Lithium ion graphene battery market size was valued over USD 9 million for 2015. Mobile phones, laptops and tablet phones are notable adoption areas contributing to segment growth. In 2015, over 60% of adult population in the U.S. had at least one portable electronic device compared to over 30% in 2011.

  3. Continued... • Graphene battery market share from supercapacitors is set to witness growth over 25% between 2016 to 2024. Superior charging abilities and greater shelf life are some of the features which may positively impact the industry landscape. Growing supercapacitor demand from mobile phone applications owing to its high operating life may favor the business growth. • Europe witnessed substantial increase in the sales of electric vehicles over the past four years. In 2015, more than 150,000 electric vehicles were sold in Europe, up from 70,000 electric vehicles in 2014. Norway registered a record sale of more than 34,000 electric cars in 2016, and is predicted to witness sales of more than 60,000 electric cars in 2017, favorably impacting the graphene battery market. • Graphene battery market share from healthcare applications is anticipated to surpass USD 25 million by 2024 subject to growing portable medical devices demand. Increasing emphasis on portable medical devices in developed economies will favorably impact the business growth.

  4. Europe Graphene Battery Market size, by application, (USD Million), (2014 – 2024)

  5. Browse Full Market Research Report On Graphene Battery Market @ https://goo.gl/5ozJfb Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1125

  6. Continued... • U.S. graphene battery market size was valued at over USD 3 million in 2015 and is likely to register a strong growth subject to availability of high quality product at affordable prices. Adoption of electric vehicles in the U.S. increased from over 5000 in 2011 to over 70,000 in 2015 owing to increasing government subsidies and growing customer awareness. • For Europe, UK is predicted to witness a robust growth of over 20% by 2024. The Government enacted the EU Battery Directive in 2008, introducing strict regulations on the use of batteries with bio-hazardous content, propelling the industry landscape. • China graphene battery market size is predicted to surpass USD 10 million by 2024. The region is likely to experience significant increase in manufacturing capacity upwards of 2,000 tons of graphene annually from 2016.

  7. 360° Analysis • Application Trends • Demand from automotive applications was over USD 4 million for 2015. Stringent government regulations to curb automobile emissions will encourage the adoption of electric and hybrid vehicles. Graphene battery market share from healthcare applications will surpass USD 25 million by 2024 subject to growing portable medical devices demand. Increasing emphasis on portable medical devices in developed countries will stimulate the business growth. The electronics industry accounted for over 30% of the 2015 global industryrevenue. • Regional Trends • U.S. graphene battery market size was valued above USD 3 million in 2015 and looks set to grow significantly, subject to its high quality at affordable prices. Adoption of electric vehicles in the U.S. increased from over 5000 in 2011 to over 70,000 in 2015 subject to increasing government subsidies and growing environment awareness among customers. • Competitive Market Share • A few key global graphene battery market players are Cabot Corporation, Group NanoXplore, Graphene 3D Lab, Graphenano, SiNode Systems, Graphene NonoChem, XG Sciences, Cambridge Nanosystems etc. Competitive pricing strategies and a shorter lead time in delivering products are key strategies proving advantageous for local manufacturers.

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