According to the report, the Sodium-Sulfur Battery market is predicted to achieve USD 89 million by 2026. This report examines the status quo and projections of the global Sodium-Sulfur Battery market and analyzes the Sodium-Sulfur Battery market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
Sodium sulfur battery is a type of molten-salt battery made from liquid sodium and sulfur. This type of battery possesses high energy density, high efficiency of charge or discharge and long-life cycle. Because of the operating temperatures of 300 to 350°and the highly corrosive nature of the sodium polysulfides, such cells are primarily suitable for large-scale non-mobile applications such as grid energy storage.
The Sodium-Sulfur Battery market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
NGK (ONLY COMMERCIAL PRODUCER)
Sieyuan Electric
POSCO
GE Energy Storage
Ceramatec
EaglePicher Technology
Flamm Group
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the Sodium-Sulfur Battery global market is poised to reach USD 89 million in 2026 from USD 22 million in 2019, with a CAGR of 22.18%.
Facilitating Factors:
The Sodium-Sulfur Battery market is expected to register substantial growth in the coming years, owing to increasing renewable energy investment and reduction in cost as a result of technological advancements and expanded deployment. With the recovery of the global economy and the development of emerging powers, the Sodium-Sulfur Battery market is endowed with a promising future.
The global Sodium-Sulfur Battery market is broadly divided based on type, application, and region:
By type - Ancillary Services, Load Levelling, Renewable Energy Stabilization
By application - Private Use, Commercial Use
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
Asia-Pacific was the largest market in 2018 and is anticipated to remain dominant during the forecast period, owing to the increasing demand for renewable energy storage system in the residential, commercial, and industrial end-use applications. Moreover, the huge investment of the regional government, adding renewable energy to the overall energy structure, is driving the growth of the market.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Sodium-Sulfur Battery Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Sodium-Sulfur Battery Market by Types
4 Segmentation of Sodium-Sulfur Battery Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Sodium-Sulfur Battery Market in Major Countries
7 North America Sodium-Sulfur Battery Landscape Analysis
8 Europe Sodium-Sulfur Battery Landscape Analysis
9 Asia Pacific Sodium-Sulfur Battery Landscape Analysis
10 Latin America, Middle East & Africa Sodium-Sulfur Battery Landscape Analysis
11 Major Players Profile
11.1 NGK (ONLY COMMERCIAL PRODUCER)
11.1.1 NGK (ONLY COMMERCIAL PRODUCER) Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Sieyuan Electric
11.3 POSCO
11.4 GE Energy Storage
11.5 Ceramatec
11.6 EaglePicher Technology
11.7 Flamm Group
…
Audience:
l Sodium-Sulfur Battery manufacturers
l Sodium-Sulfur Battery importers and exporters
l Sodium-Sulfur Battery traders, distributors, and suppliers
l Raw material suppliers of Sodium-Sulfur Battery
l Sodium-Sulfur Battery industry associations
l Product managers, Sodium-Sulfur Battery industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
What Information does this report contain?
l The report covers the prediction and analysis of the global Sodium-Sulfur Battery market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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