Home » Energy » Next Generation Liquid Metal Battery Market

Next Generation Liquid Metal Battery Market By Type (Mg-Sb Battery, Pb-Sb Battery, Na-S Battery) By Application (Portable Devices, Power Grids, Fuel Vehicles): Growth, Future Prospects, and Competitive Analysis, 2015 – 2027

Summary
Table Of Content

Market Insights

The development of a liquid metal battery is a novel approach to solving grid-scale electricity storage problems. With the capacities of liquid metal batteries, the integration of renewable energy into the power grid can be increased. Furthermore, liquid metal batteries are thought to increase the grid’s stability. They are also likely to compensate for the need for additional grid transmission, generation, and distribution properties. The liquid metal battery Application market is reasonably competitive, with continuous advances aimed at utility-scale energy storage applications. Growing at a rapid pace, the global Next Generation Liquid Metal Battery is poised to grow at a CAGR of over 11% from 2021 to 2027. The market value for the Next Generation Liquid Metal Battery industry was valued at USD 3,500 million on a global level in 2020. With increasing acceptance, the global Next Generation Liquid Metal Battery demand will reach over USD 6,700 million in 2027.

Next-Generation Liquid Metal Battery to Offer Cost-Effective Grid Scale Energy Storage

Next-Generation Liquid Metal Battery is one of the market’s most cost-efficient energy storage technology. Mg-Sb and Sodium-sulfur batteries are widely used for grid-scale energy storage applications. Next-Generation Liquid Metal Batteries are mainly used to store energy generated by renewable sources such as wind turbines, solar energy, etc. Mg-Sb batteries are especially applied in grid-scale applications to leverage their flexible positioning and minor footprint. With a growing installed capacity base for renewable energy generation, the demand for storage needs to be expanded. This, in turn, is likely to drive the demand for Next Generation Liquid Metal Batteries.

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample

Automotive Industry to Mobilize the Demand for Next Generation Liquid Metal Batteries

Advances in the automotive industry coupled with strong demand for EVs in China, Indonesia, Brazil, Mexico, Thailand, India, South Korea, and Vietnam are expected to boost the market’s growth. Rapidly depleting traditional energy sources coupled with increasing pollution, the demand for electric vehicles is on the rise over the forecast period. As a result, the automotive industry is expected to witness a paradigm shift from traditional fuel to battery-powered vehicles. An increase in demand for electric vehicles is likely to boost the demand for Next Generation Liquid Metal Battery.

Mixed Impact of COVID 19 on Next Generation Liquid Metal Battery Industry

The demand for Next Generation Liquid Metal batteries has plunged by a decline in the automotive industry. However, the decline in growth rate was offset to some extent by the power grid application industry. Amidst the demand for Next Generation, Liquid Metal batteries took a deep of around 10% in 2020 and are all set to bounce back with the revival of growth trend amongst the Application industries.

Emerging Economies to Boost the Demand for Next Generation Liquid Metal Battery Market

As against developed economies, Asia Pacific is leading the production and demand for electric vehicles & portable devices. Moreover, the region has also taken the lead in energy generation from renewable energy sources. This call for efficient energy storage solutions and Next Generation Liquid Metal Battery are the best fit for these applications. China, South Korea, Japan, Taiwan, and India are fighting for an increased share in this industry. While Vietnam, Thailand, Malaysia, Indonesia, etc. Future growth destinations for the production as well as demand for Next Generation Liquid Metal Battery. With rising fuel prices with limited availability, the research & development is focused on renewable sources. This has given rise to increasing demand for Next Generation Liquid Metal Battery. Asia-Pacific dominated with over 56% share in 2020.

Global Next Generation Liquid Metal Battery Market is led by the Pb-Sb Battery Application.

Na-Sb Battery, Pb-Sb Battery, and Mg-Sb Battery are the key Application Applications through which Next Generation Liquid Metal Battery is performed. In 2020, Pb-Sb Battery Next Generation Liquid Metal Battery Application accounted for the largest share of the Next Generation Liquid Metal Battery market. However, Mg-Sb Battery Application is predicted to grow at the fastest CAGR during the forecast period. However, the Next Generation Liquid Metal Battery industry is witnessing considerable challenge of being substituted by other Applications of batteries, and hence the industry participants are consistently working on further expansion of its application base and to improve its performance.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

Electric Vehicles Continue to Dominate the Next Generation Liquid Metal Battery Market

Some of the major application of Next Generation Liquid Metal Battery includes Portable Devices, Power Grids, and Fuel Vehicles. Fuel Vehicles hold the largest market share in the global Next Generation Liquid Metal Battery industry, with over 40% share in 2020. However, data centers are likely to emerge as a new growth avenue for the Next Generation of Liquid Metal batteries. Over the past few years, Next Generation Liquid Metal Battery has witnessed increasing adoption in data centers. Next-Generation Liquid Metal Battery is ready to take head-on lithium-ion batteries as a low-cost alternative. In 2020, Ambri and TerraScale tucked into an agreement wherein TerraScale will deploy Ambri’s Next Generation Liquid Metal Battery into its data center in Nevada.

Ambri, Pellion Technologies Inc., Aquion Energy, Inc., Panasonic, and Chaowei Power are some of the leading industry participants in the global Next Generation Liquid Metal Battery industry. Next-Generation Liquid Metal Battery is in the growth phase with substantial future growth prospects. As a result, key players are focused on research & development for the launch of innovative products.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Next Generation Liquid Metal Battery Market
3.Market Dynamics
3.1.Introduction
3.1.1. Global Next Generation Liquid Metal Battery Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Type
3.3.2.Application
3.3.3.Geography

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Next Generation Liquid Metal Battery Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Mg-Sb Battery
6.2.3.Pb-Sb Battery
6.2.4.Na-Sb Battery
6.3.North America Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Portable Devices
6.3.3.Power Grids
6.3.4.Fuel Vehicles

7.Europe

7.1.Europe Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.1.15.
7.2.Europe Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Mg-Sb Battery
7.2.3.Pb-Sb Battery
7.2.4.Na-Sb Battery
7.3.Europe Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Portable Devices
7.3.3.Power Grids
7.3.4.Fuel Vehicles

8.Asia Pacific

8.1.Asia Pacific Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Mg-Sb Battery
8.2.3.Pb-Sb Battery
8.2.4.Na-Sb Battery
8.3.Asia Pacific Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Portable Devices
8.3.3.Power Grids
8.3.4.Fuel Vehicles

9.Latin America

9.1.Latin America Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Mg-Sb Battery
9.2.3.Pb-Sb Battery
9.2.4.Na-Sb Battery
9.3.Latin America Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Portable Devices
9.3.3.Power Grids
9.3.4.Fuel Vehicles

10.Middle East

10.1.Middle East Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Mg-Sb Battery
10.2.3.Pb-Sb Battery
10.2.4.Na-Sb Battery
10.3.Middle East Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Portable Devices
10.3.3.Power Grids
10.3.4.Fuel Vehicles

11.Africa

11.1.Africa Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Mg-Sb Battery
11.2.3.Pb-Sb Battery
11.2.4.Na-Sb Battery
11.3.Africa Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Portable Devices
11.3.3.Power Grids
11.3.4.Fuel Vehicles

12.Global

12.1.Global Next Generation Liquid Metal Battery Market, By Type, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Mg-Sb Battery
12.1.3.Pb-Sb Battery
12.1.4.Na-Sb Battery
12.2.Global Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Portable Devices
12.2.3.Power Grids
12.2.4.Fuel Vehicles
13.Company Profiles
13.1.Pellion Technologies Inc.
13.2.Aquion Energy, Inc.
13.3.Panasonic (Japan),
13.4.Chaowei Power (China)
13.5.Narada Power (China)
13.6.HBL Power Systems (India)
13.7.Crown Battery (US)
13.8.NorthStar (Sweden)
13.9.NIPPON KINZOKU CO., LTD. (Japan)
13.10.Latrobe Magnesium (Australia)
13.11. Alliance Magnesium Inc. (Canada)

List of Figures

FIG. 1 Global Next Generation Liquid Metal Battery Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Next Generation Liquid Metal Battery Market Segmentation
FIG. 4 Global Next Generation Liquid Metal Battery Market, by Product, 2019 (US$ Bn)
FIG. 5 Global Next Generation Liquid Metal Battery Market, by End-user, 2019 (US$ Bn)
FIG. 6 Global Next Generation Liquid Metal Battery Market, by Geography, 2019 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2019
FIG. 8 Global Market Positioning of Key Next Generation Liquid Metal Battery Market Manufacturers, 2019
FIG. 9 Global Next Generation Liquid Metal Battery Market Value Contribution, By Type of Metal Extracted, 2019 & 2027 (Value %)
FIG. 10 Global Next Generation Liquid Metal Battery Market, by Metal 1, Value, 2015-2027 (US$ Bn)
FIG. 11 Global Next Generation Liquid Metal Battery Market, by Metal 2, Value, 2015-2027 (US$ Bn)
FIG. 12 Global Next Generation Liquid Metal Battery Market, by Metal 3, Value, 2015-2027 (US$ Bn)
FIG. 13 Global Next Generation Liquid Metal Battery Market, by Metal 4, Value, 2015-2027 (US$ Bn)
FIG. 14 Global Next Generation Liquid Metal Battery Market, by Metal 5, Value, 2015-2027 (US$ Bn)
FIG. 15 Global Next Generation Liquid Metal Battery Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16 Global Next Generation Liquid Metal Battery Market Value Contribution, By Type, 2019 & 2027 (Value %)
FIG. 17 Global Next Generation Liquid Metal Battery Market, by Process 1, Value, 2015-2027 (US$ Bn)
FIG. 18 Global Next Generation Liquid Metal Battery Market, by Process 2, Value, 2015-2027 (US$ Bn)
FIG. 19 Global Next Generation Liquid Metal Battery Market, by Process 3, Value, 2015-2027 (US$ Bn)
FIG. 20 U.S. Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 21 Rest of North America Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 22 U.K. Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 23 Germany Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 24 France Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 25 Rest of Europe Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 26 Japan Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 27 China Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 28 India Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 29 Rest of Asia Pacific Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 30 Middle East & Africa Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)
FIG. 31 Latin America Next Generation Liquid Metal Battery Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Next Generation Liquid Metal Battery Market
TABLE 2 Global Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 3 Global Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 4 Global Next Generation Liquid Metal Battery Market, by Application, 2015-2027 (US$ Bn)
TABLE 5 Global Next Generation Liquid Metal Battery Market, by Geography, 2015-2027 (US$ Bn)
TABLE 6 North America Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 7 North America Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 8 North America Next Generation Liquid Metal Battery Market, by Country, 2015-2027 (US$ Bn)
TABLE 9 Europe Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 10 Europe Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 11 Europe Next Generation Liquid Metal Battery Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 12 Asia Pacific Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 13 Asia Pacific Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 14 Asia Pacific Next Generation Liquid Metal Battery Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 15 Latin America Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 16 Latin America Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 17 Latin America Next Generation Liquid Metal Battery Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 18 Middle East Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 19 Middle East Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 20 Middle East Next Generation Liquid Metal Battery Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 21 Africa Next Generation Liquid Metal Battery Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)
TABLE 22 Africa Next Generation Liquid Metal Battery Market, by Type, 2015-2027 (US$ Bn)
TABLE 23 Africa Next Generation Liquid Metal Battery Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 24 Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Frequently Asked Questions:

What will be the CAGR (2021 – 2027) of in global Next Generation Liquid Metal Battery industry?

The market is anticipated to grow at a CAGR of 11.2% throughout the forecast period.

Which are the Applications of Next Generation Liquid Metal Battery?

Mg-Sb Battery, Pb-Sb Battery and Na-S Battery are the different Applications of Next Generation Liquid Metal Battery.

Which are the different applications of Next Generation Liquid Metal Battery occurring?

Portable Devices, Power Grids and Fuel Vehicles are the most common applications of Next Generation Liquid Metal Battery

Who are the key players in the global Next Generation Liquid Metal Battery industry?

Ambri, Pellion Technologies Inc., Aquion Energy, Inc., Panasonic and Chaowei Power are the key players operating in this market

Which is the fastest growing application segment for global Next Generation Liquid Metal Battery industry?

Electric Vehicles offers tremendous opportunities for growth in near future.

Purchase Options

Single User

$4699

Multi User

$5699

Custom Report

$7699

Request Free Sample

Have a question?

Don’t settle for less – trust Mitul to help you find the best solution.

Call: +91 6232 49 3207

EMAIL MITUL

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –