Dual Carbon Battery Market Opportunities, Challenges, Competitive Landscape, Gross Margin Analysis and Segmentation to 2023
Dual Carbon Battery Market Analysis
Dual carbon battery is relatively cheaper to manufacture and are environment friendly. These batteries are used improve the range and charging times of electric vehicles. This battery technology is newer to the market but has the potential of becoming prominent in the coming years due to its qualitative features. The global Dual Carbon Battery market is expected to grow at 5.50% CAGR during the forecast period.
Dual carbon battery is relatively cheaper to manufacture and are environment friendly. These batteries are used improve the range and charging times of electric vehicles. This battery technology is newer to the market but has the potential of becoming prominent in the coming years due to its qualitative features. For instance, a Japanese company, Power Japan Plus has come up with new dual carbon batteries which are at its initial phase and has the capability of eating up the market share of other prominent batteries.
Key Players
The key players of the global Dual Carbon Battery market are JSR Corp, Loxus, Hitachi Chemical, Lishen Tianjin, BYD, Amperex Technologies, Panasonic, LG Chem, Samsung SDI, Johnson Controls.
Segmentation
Based on application, the market is estimated into transportation, electronics, portable power, and others. Transportation segment is expected to be the fastest growing segment during the forecast period. Many major players are actively participating in introducing innovative products in this battery category. For instance, in 2014, Power Japan Plus planned to commercialize its dual carbon batteries. The company also claims that the dual carbon batteries would have more density than lithium and charge 20 times faster than lithium-ion batteries.
Regional Analysis
Region wise, Asia Pacific held the largest market share of the global Dual Carbon Battery market in 2017. It is also estimated that Asia-Pacific region would also be the fastest growing market during the forecast period. Moreover, growing convergence of information, communication and entertainment is bringing a new era of consumer electronics in the region. Consumer electronics is one of the largest segments in the manufacturing industry and promises huge potential, particularly in emerging markets of Asia-Pacific. These developments in the Asia-Pacific region would drive the dual carbon battery market.
Table Of Contents
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
3. Research Methodology
3.1. Primary Research
3.2. Secondary Research
3.3. Market Size Estimation
3.4. Forecast Model
3.5. List Of Assumptions
4. Market Dynamics
4.1. Drivers
4.1.1. Increasing Developments In The Electronics Sector
4.2. Restraints
4.2.1. Regulations And Safety Issues Related To Use Of Dual Carbon Battery
4.3. Opportunities
4.3.1. Growing Usage Of Electric Vehicles Across The Globe
4.4. Porter’s Five Forces Analysis
4.4.1. Threat Of New Entrants
4.4.2. Bargaining Power Of Buyers
4.4.3. Bargaining Power Of Suppliers
4.4.4. Threat Of Substitutes
4.4.5. Intensity Of Rivalry
4.5. Value Chain/Supply Chain Analysis
Continued….
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