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Global Carbon Foam Batteries Market: By Type: AVG, PVC, Others; By Application: Power Grids, Energy Storage Systems, Load Shifting, Others; By End Use: Automotive, Marine, Aerospace, Renewables; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Carbon Foam Batteries Market Outlook
The global carbon foam batteries market is driven by the global battery market which reached a market volume of 280 GWh in 2020 and is further expected to grow at a CAGR of 27% in the forecast period of 2022-2027 to reach a volume of 1223 GWh by 2026.
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Asia Pacific to be Among the Dominating Regions in Global Carbon Foam Batteries
The Asia Pacific dominated the global carbon foam batteries market in the historical period, owing to a rise in investments for energy storage applications in renewable and automotive industries. Nations such as Japan, India, and China, have started investing in electric vehicles to reduce carbon emissions. This, in return, is likely to boost the demand for carbon foam batteries in the region. The carbon foam batteries market in Europe is estimated to expand at a healthy pace during the forecast period. Demand for carbon foam batteries in the marine sector is predicted to increase as sector witnesses the use of a significantly high number of powerboats and leisure boats. The market in North America is likely to expand at a moderate pace during the forecast period. Countries in the region are investing in electric vehicle networks. Furthermore, the usage of carbon foam batteries would help boost the traveling range of vehicles.
Carbon Foam Batteries: Industry Definition and Segmentation
Carbon foam battery refers to a potential replacement for the lead-acid batteries utilized in vehicles or other applications. The carbon foam batteries provide instantaneous power, recover to full capacity after discharge, have recharge capability rapid than other counterparts, have high-temperature resiliency, provide continuous power through the discharge process, and have good cold temperature volume utilization among other features.
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Carbon foam batteries on the basis of type can be divided into:
- AVG
- PVC
- Others
On the basis of application carbon foam batteries can be segmented into:
- Power Grids
- Energy Storage Systems
- Load Shifting
- Others
Carbon foam batteries finds its end use in the following:
- Automotive
- Marine
- Aerospace
- Renewables
- Others
The regional markets for global carbon foam industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Electric Vehicles Boosting the Global Carbon Foam Batteries Market
The carbon foam batteries market has been expanding in the historical period owing to an increase in the demand for electrical vehicles across the globe in order to minimize the use of fossil fuels. Easy availability of raw material, that is, carbon, in large quantities for the assembly of carbon foam batteries is anticipated to spice up the worldwide carbon foam batteries market. Distinct advantages offered by carbon foam batteries over the batteries available within the market are estimated to spice up the market within the near future. The carbon foam batteries have higher efficiencies and can be used in cold weather applications; thus it is widely demanded.
Key Industry Players in Global Carbon Foam Batteries Market
The report gives a detailed analysis of the following key players in the global carbon foam batteries industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Firefly Batteries Pvt. Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, End Use, Region |
| Breakup by Type | AVG, PVC, Others |
| Breakup by Application | Power Grids, Energy Storage Systems, Load Shifting, Others |
| Breakup by End Use | Automotive, Marine, Aerospace, Renewables, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Firefly Batteries Pvt. Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Carbon Foam Batteries Market Analysis
8.1 Key Industry Highlights
8.2 Global Carbon Foam Batteries Historical Market (2017-2021)
8.3 Global Carbon Foam Batteries Market Forecast (2022-2027)
8.4 Global Carbon Foam Batteries Market by Type
8.4.1 AVG
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 PVC
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Carbon Foam Batteries Market by Application
8.5.1 Power Grids
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Energy Storage Systems
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Load Shifting
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Carbon Foam Batteries Market by End Use
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Marine
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Aerospace
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Renewables
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Others
8.7 Global Carbon Foam Batteries Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Firefly Batteries Pvt. Ltd
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Carbon Foam Batteries Market: Key Industry Highlights, 2016 and 2026
2. Global Carbon Foam Batteries Historical Market: Breakup by Type (GWh), 2017-2021
3. Global Carbon Foam Batteries Market Forecast: Breakup by Type (GWh), 2022-2027
4. Global Carbon Foam Batteries Historical Market: Breakup by Application (GWh), 2017-2021
5. Global Carbon Foam Batteries Market Forecast: Breakup by Application (GWh), 2022-2027
6. Global Carbon Foam Batteries Historical Market: Breakup by End Use (GWh), 2017-2021
7. Global Carbon Foam Batteries Market Forecast: Breakup by End Use (GWh), 2022-2027
8. Global Carbon Foam Batteries Historical Market: Breakup by Region (GWh), 2017-2021
9. Global Carbon Foam Batteries Market Forecast: Breakup by Region (GWh), 2022-2027
10. North America Carbon Foam Batteries Historical Market: Breakup by Country (GWh), 2017-2021
11. North America Carbon Foam Batteries Market Forecast: Breakup by Country (GWh), 2022-2027
12. Europe Carbon Foam Batteries Historical Market: Breakup by Country (GWh), 2017-2021
13. Europe Carbon Foam Batteries Market Forecast: Breakup by Country (GWh), 2022-2027
14. Asia Pacific Carbon Foam Batteries Historical Market: Breakup by Country (GWh), 2017-2021
15. Asia Pacific Carbon Foam Batteries Market Forecast: Breakup by Country (GWh), 2022-2027
16. Latin America Carbon Foam Batteries Historical Market: Breakup by Country (GWh), 2017-2021
17. Latin America Carbon Foam Batteries Market Forecast: Breakup by Country (GWh), 2022-2027
18. Middle East and Africa Carbon Foam Batteries Historical Market: Breakup by Country (GWh), 2017-2021
19. Middle East and Africa Carbon Foam Batteries Market Forecast: Breakup by Country (GWh), 2022-2027
20. Global Carbon Foam Batteries Market Structure
Key Questions Answered in the Report
In 2020, the global carbon foam batteries market is driven by global battery market which attained a volume of nearly 280 GWh.
The market is driven by global battery market which is projected to grow at a CAGR of 27% between 2021 and 2026.
The market is driven by global battery market which is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach 1223 GWh by 2026.
The major industry drivers are rising urbanisation, industrialisation, increase in the demand for electrical vehicles across the globe in order to minimize the use of fossil fuels.
The key trends in the market are easy availability, distinct advantages offered by carbon foam batteries over the batteries available within the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
AVG is the dominant type in the industry.
The application sectors include power grids, energy storage systems, and load shifting, among others.
The end-use sectors include automotive, marine, aerospace, and renewables, among others.
The major players in the industry include Firefly Batteries Pvt. Ltd., among others.
Analyst Review
The global carbon foam batteries market is driven by global battery market which attained a volume of nearly 280 GWh in 2020. driven by the increase in the demand for electrical vehicles across the globe in order to minimise the use of fossil fuels. Aided by the easy availability, the market is driven by global battery market which is projected to grow at a CAGR of 27% between 2021 and 2026, the market is projected to reach 1223 GWh by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the carbon foam batteries industry can be segmented into AVG and PVC, among others, with AVG accounting for the largest market share. The application sectors include power grids, energy storage systems, and load shifting, among others. The end-use sectors include automotive, marine, aerospace, and renewables, among others. The major regional markets for carbon foam batteries are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Firefly Batteries Pvt. Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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