Dual Carbon Battery Market Size, Share & Industry Analysis, By Type (Primary, Secondary), By Application (Transportation, Stationary, Portable) and Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
With the increasing growth in population and improvement in living standards, the human demand for backup power generation has also increased. Although various power generation storages are available, alternative power generation for backup purposes is not commercially viable. The energy supply may not match energy demand. Fuel cells can be used to fulfill the backup energy demands of the system.
Dual-carbon (also called dual-graphite) batteries were first patented in 1989. They were later studied by various other research groups. Japanese company Power Japan Plus has announced the development and planned mass-production of “Ryden,” a disruptive carbon battery that can be charged 20 times faster than a normal lithium-ion cell. The battery, which is cheap to manufacture, safe, and environmentally friendly, could be ideal for improving the range and charging times of electric cars. The battery will charge twice as fast, have a much longer life, and maintain its voltage longer, get more miles, be allowed to fully charge and discharge without penalty, run and charge cooler, be less flammable and be fully recyclable.
Key Market Driver -
Key Market Driver – Increase in demand for energy storage devices
Key Market Restraint -
Key Market Restraint – Complex technology for commercial development
On the basis of type, dual carbon battery can be segmented in primary and secondary battery. On the basis of application, the global dual carbon battery is divided into transportation, stationary, and portable power battery.
The primary market driver for the global dual carbon battery market is the increase in demand for energy-efficient storage devices. Alternative energy production devices are the need of the hour for backup power. The key market restraint for global dual carbon battery is its complex technology, which is still in the nascent stage of development and is still not commercially developed.
Key Players Covered:
Some of the notable companies in the global dual carbon battery market are LG Chem, Panasonic, JSR Corporation, Samsung SDI, Johnson Controls, BYD, Hitachi, Ambri, Boulder Lonics, and Polyplus.
Regional Analysis:
The global dual carbon battery market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are expected to dominate the dual carbon battery technology. North America and Europe spend considerable amount on fuel research and development activities. The recent breakthrough in dual carbon battery was made in university laboratories and research centers in Europe and North America.
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Economically viable manufacturing techniques need to be developed for dual carbon battery. China and Japan have also been paying attention to upcoming high-tech technology like dual carbon battery. Several existing fuel cell manufacturers are in the research and development phase of dual carbon battery.
Segmentation
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Key Industry Developments
- In June 2018, An international team of researchers, led by Lancaster University and Jilin University in China, have announced the first organically synthesized porous carbon, called OSPC-1.
Key Research Objectives
- Market size and growth rate by various segments at the global and regional level for the 2015-2026 period, with 2017 as the base year and 2018-2026 as the forecast period
- Market dynamics
- `Market drivers
- Market restraints & challenges
- Market trends
- Market opportunities
- Competitive analysis and market share
- Profiles of key companies operating in the market
- Technological developments shaping the market
- Key insights
Key Insights
- Regulatory scenario for key countries
- Investment scenario for key countries
- Key mergers and acquisitions
- Key technological advancement
- The detailed product portfolio of major companies
- Value chain analysis to address all major stakeholders in the industry
- Ongoing
- 2023
- 2019-2022
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