Vancouver, BC -- (SBWIRE) -- 02/25/2021 -- The global nanowire battery market is expected to reach a market size of USD 352.9 million at a relatively rapid CAGR in 2027, according to latest analysis by Emergen Research. This projected high revenue growth rate can be attributed to increasing investment by major automotive manufacturers in research and development activities for production of more cost-effective and advanced nanowire batteries. The increasing need to enhance the working capacity of cell phones and laptops on a single charge has also resulted in rising adoption of nanowire batteries for application in the equipment and devices produced in the consumer electronics industry. Technological advancement of smart wearables, smartphones, and smart homes are also increasing the need for batteries with high energy density. The high energy density of nanowire batteries has also boosted adoption of nanowire batteries for the production of smartphones and smart wearables.

The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Nanowire Battery industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Nanowire Battery industry.

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Key Highlights of Report
In November 2020, Panasonic, which is the largest manufacturer of lithium-ion batteries in the world, signed an agreement with Equinor – a Nordic energy company – and Norsk Hydro – an engineering and industrial company. The collaboration is expected to support the development of a battery business in Northern Europe.
The consumer electronics segment accounted for largest market share of 32.6% in 2019. Increasing need to improve the working capacity of cell phones and laptops on a single charge has increased the usage of nanowire batteries in the consumer electronics industry.
The silicon segment revenue is expected to expand at a rapid CAGR of 33.9% during the forecast period. The high charge storage capacities of silicon nanowires has been resulting in increasing demand for silicon material-based nanowire batteries.
North America accounted for the largest revenue share contribution to the global nanowire battery market in 2019. Increasing investment in research and development activities by automotive manufacturers for advancement and production of more cost-effective and efficient nanowire batteries is projected to drive growth of the nanowire batteries market in the region.
Key players in the market include Amprius, Sila Nanotechnologies Inc., OneD Material, Inc., Nexeon Ltd., NEI Corporation, XG Sciences, LG Chem, Panasonic, Samsung SDI Co., and Enevate Corporation.

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Application Outlook (Revenue, USD Million; 2020–2027)
Energy Storage
Consumer Electronics
Aviation
Automotive
Medical Devices
Power Generation
Others

Raw Material Type Outlook (Revenue, USD Million; 2020–2027)
Germanium
Silicon
Transition Metal oxides (manganese oxide, lead oxides anodes, heterostructure TMOs)

Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA

Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market's growth?

Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Assisted Reproductive Technology Market Segmentation & Impact Analysis
4.1. Assisted Reproductive Technology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing prevalence of ovulation problem
4.2.2.2. Growing awareness and social adoption of assisted reproductive technology
4.2.2.3. Surge in infertility rate
4.2.2.4. Rising number of single women
4.2.3. Market restraints analysis
4.2.3.1. Stringent regulatory norms
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Assisted Reproductive Technology Market By Procedure Insights & Trends, Revenue (USD Million)
Chapter 6. Assisted Reproductive Technology Market By Technology Insights & Trends Revenue (USD Million)
Chapter 7. Assisted Reproductive Technology Market By End-Users Insights & Trends Revenue (USD Million)
Continued…