Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Lithium-ion is the best battery technology we have ever seen. It has increased energy density by 5% per year and decreased its cost at 8% per year. However it will not achieve transformative factors of five in cost and performance and this is just because of the inherent material limitations.
A new generation of battery technologies will be required in order to address the existing and future challenges of the increasingly complex energy systems our society will require in the future.
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Better batteries will be required not only in electric cars and consumer electronics but in wearable electronics, electric vessels and aircrafts, in your house, office and communities.
Whilst existing battery technologies such as lead acid and lithium-ion batteries will dominate the battery market in the following 10 years, advanced and post lithium-ion batteries given the right conditions can potentially take a considerable dent of about 10% of whole battery market. This is mostly because some of them are already in use in niche segments that will present high growth in the following 10 years.
This report focuses in advanced and post lithium-ion battery technologies: silicon anode batteries, solid state batteries, sulphur batteries, lithium air batteries, sodium-ion batteries and magnesium batteries. A performance benchmark is presented based in practical results achieved so far from different organisations from start-ups, established companies and research organisations. We analyse challenges and commercial strategies by the companies developing them and provide a 10 year market forecast, 2016-2026. We provide company profiles of the key companies involved in the development and commercialisation of these technologies. Our coverage is global including activities from the US to Asia.
IDTechEx builds upon its 15 years' experience in analysing 45 electric vehicle segments, the future of electronic devices and emerging energy storage technologies in order to provide a comprehensive analysis of the current state of development of these technologies and its market potential. We have conducted several interviews with key companies and organisations developing these technologies and attended the key conferences around the world in which highlights of these technologies have been presented.
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