In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Sodium-Sulfur Battery market for 2018-2023.
This report studies the Sodium-Sulfur Battery (NaS) market, A sodiumsulfur battery is a type of molten-salt battery constructed from liquid sodium (Na) and sulfur (S).This type of battery has a high energy density, high efficiency of charge/discharge (8992%) and long cycle life, and is fabricated from inexpensive materials. However, because of the operating temperatures of 300 to 350 °C 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.
Currently, there are many producing companies in the world. The main market players are NGK
Sesse-power, Wuhuhaili, Qintang New Energy. The production value of Sodium-Sulfur Battery is about 14.1 Million USD in 2016.
In production market, the global production value has decreased to 30.0 Million USD in 2017 from 140.3 Million USD in 2014.
Japan is the largest production regions of Sodium-Sulfur Battery, with a production value market share nearly 81.73% in 2016.
Over the next five years, LPI(LP Information) projects that Sodium-Sulfur Battery will register a 64.3% CAGR in terms of revenue, reach US$ 590 million by 2023, from US$ 30 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium-Sulfur Battery market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Private Portable Sodium Sulfur Battery
Industrial Sodium and Sulfur Battery
Segmentation by application:
Renewable Energy Industry
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Qintang New Energy
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Sodium-Sulfur Battery consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Sodium-Sulfur Battery market by identifying its various subsegments.
Focuses on the key global Sodium-Sulfur Battery manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium-Sulfur Battery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium-Sulfur Battery submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.