나트륨 이온 배터리 시장 – 2030년까지의 세계 예측

Sodium-ion Battery Market – Global Forecast to 2030

나트륨 이온 배터리 시장 – 배터리 유형 (나트륨 황계 및 나트륨 염계), 기술 유형 (수계 및 비 수계), 최종 용도 (에너지 저장, 자동차, 산업) 및 지역 (아시아 태평양, 유럽, 북미) – 2030 년까지의 세계 예측

Sodium-ion Battery Market by Battery Type (Sodium-Sulfur and Sodium-Salt), Technology Type (Aqueous and Non-aqueous), End-use (Energy Storage, Automotive, and Industrial), and Region (Asia Pacific, Europe, and North America) – Global Forecast to 2030

　　　　주문/문의　　　　조사회사/라이센스/납기안내

이 보고서는 나트륨 이온 배터리 시장을 나트륨 이온 배터리 유형, 기술, 최종 용도 및 지역에 따라 정의, 세그먼트화 및 예측합니다. 또한, 나트륨 이온 전지 메이커를 전략적으로 프로파일링하고, 시장 점유율과 코어 컴피턴스를 포괄적으로 분석하는 것과 동시에, 각사가 시장에 있어서 전개하고 있는 사업 확대, 합작 사업, 계약, 인수 등의 경쟁 동향을 추적·분석하고 있습니다.

The global sodium-ion battery market is projected to grow from USD 0.67 billion in 2025 to USD 2.01 billion by 2030, at a CAGR of 24.7% during the forecast period. The relatively improved safety characteristics in comparison to those of lithium-ion batteries is one of the key drivers that is boosting the growth of the sodium-ion battery market.

세계 나트륨 이온 배터리 시장은 2025년 6억 7천만 달러에서 2030년 20억 1천만 달러로 성장할 것으로 예상되며, 예측 기간 동안 연평균 성장률은 24.7%입니다. 리튬 이온 배터리보다 상대적으로 향상된 안전성은 나트륨 이온 배터리 시장 성장을 촉진하는 주요 요인 중 하나입니다.

“Aqueous sodium-ion battery segment, by technology, is projected to account for the second-largest share of the market during the forecast period”

The aqueous sodium-ion battery segment is projected to secure the second-largest share during the forecast period. Despite a lower energy density than non-aqueous choices, the aqueous sodium-ion battery technology is expected to account for the second-largest share of the market. This is attributed to the strong set of benefits, including the low manufacturing cost and their safety because they rely on water-based electrolytes.

“Automotive application is projected to be the fastest-growing segment during the forecast period”

The automotive sector is rapidly adopting sodium-ion batteries as a sustainable energy storage solution, driven by the need for cleaner and more efficient transportation. These batteries offer several advantages, including high energy density, fast charging capabilities, and improved safety compared to traditional lithium-ion batteries. As the automotive industry strives to meet stringent emission regulations and consumer demand for electric vehicles (EVs) grows, the demand for sodium-ion batteries in this segment is expected to surge. Manufacturers are focusing on developing advanced materials and technologies to enhance the performance and cost-effectiveness of sodium-ion batteries.

Profile break-up of primary participants for the report:

• By Company Type: Tier 1 – 40%, Tier 2 – 20%, and Tier 3 – 40%
• By Designation: C-level– 20%, Director Level– 50%, and Others – 30%
• By Region: North America – 20%, Europe – 10%, Asia Pacific – 40%, Rest of the World -30 %

Faradion (UK), Contemporary Amperex Technology Co., Ltd. (China), TIAMAT Energy (France), HiNa Battery Technology Co., Ltd. (China), and Jiangsu Zoolnasm Energy Technology Co Ltd (China) are some of the major players operating in the sodium-ion battery market. These players have adopted strategies such as acquisitions, expansions, partnerships, and agreements in order to increase their market share and business revenue.

Research Coverage:

The report defines, segments, and projects the sodium-ion battery market based on sodium-ion battery type, technology type, end-use, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles sodium-ion battery manufacturers and comprehensively analyses their market shares and core competencies, as well as tracks and analyzes competitive developments, such as expansions, joint ventures, agreements, and acquisitions, undertaken by them in the market.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the sodium-ion battery market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the positions of their businesses and make suitable go-to-market strategies. It also enables stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (cost-effectiveness and improved safety characteristics in comparison to lithium-ion batteries), restraints (lower energy density and limited lifecycle in comparison to lithium-ion batteries), opportunities (strong supply chain due to the abundant availability of sodium and advancements in innovation and technology in the sodium-ion battery market), and challenges (availability of high-performance materials for sodium-ion batteries, and market competition and established infrastructure) influencing the growth of the sodium-ion battery market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the sodium ion battery market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the sodium ion battery market across varied regions.

• Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the sodium ion battery market.

• Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as Faradion (UK), Contemporary Amperex Technology Co., Ltd. (China), TIAMAT Energy (France), HiNa Battery Technology Co., Ltd. (China), Jiangsu Zoolnasm Energy Technology Co., Ltd. (China), NGK Insulators Ltd. (Japan), Li-FUN Technology Corporation Limited (China), Zhejiang Natrium Energy Co., Ltd. (China), Natron Energy, Inc. (US), Jiangsu Transimage Sodium-lon Battery Technology Co., Ltd. (China), and others in the sodium-ion battery market.

Table of Contents

1               INTRODUCTION              17

1.1           STUDY OBJECTIVES       17

1.2           COMPETITIVE INTELLIGENCE  17

1.3           MARKET DEFINITION   17

1.4           STUDY SCOPE   18

1.4.1        INCLUSIONS AND EXCLUSIONS 18

1.4.2        MARKET SEGMENTATION & REGIONS COVERED                 18

1.4.3        YEARS CONSIDERED      19

1.5           CURRENCY CONSIDERED            19

1.6           UNITS CONSIDERED      19

1.7           RESEARCH LIMITATIONS             19

1.8           STAKEHOLDERS               20

2               RESEARCH METHODOLOGY       21

2.1           RESEARCH DATA              21

2.1.1        SECONDARY DATA          22

2.1.1.1    Key data from secondary sources       22

2.1.2        PRIMARY DATA 22

2.1.2.1    Key data from primary sources           23

2.1.2.2    Key industry insights           23

2.1.2.3    Breakdown of primary interviews      24

2.2           MATRIX FOR DEMAND-SIDE ANALYSIS 25

2.3           MARKET SIZE ESTIMATION         25

2.3.1        BOTTOM-UP APPROACH              26

2.3.2        TOP-DOWN APPROACH                26

2.3.2.1    Calculations for supply-side analysis 28

2.4           GROWTH FORECAST      28

2.5           DATA TRIANGULATION                28

2.6           IMPACT OF RECESSION 29

2.7           RESEARCH ASSUMPTIONS           30

2.8           RESEARCH LIMITATIONS             30

2.9           RISK ASSESSMENT           30

3               EXECUTIVE SUMMARY  31

4               PREMIUM INSIGHTS       34

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SODIUM-ION BATTERY MARKET              34

4.2           SODIUM-ION BATTERY MARKET, BY REGION     34

5               MARKET OVERVIEW       35

5.1           INTRODUCTION              35

5.2           MARKET DYNAMICS       35

5.2.1        DRIVERS               36

5.2.1.1    Need for cost-effective alternatives to lithium-ion batteries                 36

5.2.1.2    Increasing demand for sustainable energy storage solutions                 36

5.2.2        RESTRAINTS      36

5.2.2.1    Lower energy density compared to lithium-ion batteries                 36

5.2.2.2    Limited cycle life of sodium-ion batteries         37

5.2.3        OPPORTUNITIES              37

5.2.3.1    Abundance of sodium resources        37

5.2.3.2    Innovation and technological advances in sodium-ion batteries                 37

5.2.4        CHALLENGES    38

5.2.4.1    Limited availability of high-performance materials for sodium-ion batteries           38

5.2.4.2    Wide applications of lithium-ion batteries in various industries                 38

5.2.4.3    Lack of established supply chains      38

5.3           PORTER’S FIVE FORCES ANALYSIS           39

5.3.1        BARGAINING POWER OF SUPPLIERS       40

5.3.2        BARGAINING POWER OF BUYERS             40

5.3.3        THREAT OF NEW ENTRANTS      40

5.3.4        THREAT OF SUBSTITUTES          40

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 41

5.4           SUPPLY CHAIN ANALYSIS             41

5.5           ECOSYSTEM       42

5.6           REGULATORY LANDSCAPE         42

5.6.1        REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  43

5.7           TECHNOLOGY ANALYSIS             44

5.7.1        KEY TECHNOLOGY         44

5.7.1.1    Alternative anode material  44

5.7.2        ADJACENT TECHNOLOGY           44

5.7.2.1    Nanostructured electrodes  44

5.8           KEY CONFERENCES AND EVENTS IN 2024–2025   45

5.9           TRADE ANALYSIS             45

5.9.1        IMPORT SCENARIO         45

5.9.2        EXPORT DATA  46

5.10         PRICING ANALYSIS          46

5.10.1      AVERAGE SELLING PRICE TREND, BY REGION   46

5.10.2      AVERAGE SELLING PRICE, BY TECHNOLOGY, 2023                 47

5.11         KEY STAKEHOLDERS AND BUYING CRITERIA     47

5.11.1      KEY STAKEHOLDERS IN BUYING PROCESS           47

5.11.2      BUYING CRITERIA           48

5.12         PATENT ANALYSIS          49

5.12.1      METHODOLOGY              49

5.12.2      KEY PATENTS    50

5.13         INVESTMENT & FUNDING SCENARIO     51

5.14         IMPACT OF US TARIFFS ON SODIUM-ION BATTERY MARKET               51

5.14.1      INTRODUCTION              51

5.14.2      KEY TARIFF RATES IMPACTING MARKET              51

5.14.3      PRICE IMPACT ANALYSIS             52

5.14.4      KEY IMPACTS ON VARIOUS REGIONS     52

5.14.4.1  US           52

5.14.4.2  Europe   53

5.14.4.3  Asia Pacific            53

5.14.5      IMPACT ON END-USE INDUSTRIES          53

6               SODIUM-ION BATTERY, BY BATTERY TYPE         55

6.1           INTRODUCTION              55

6.2           SODIUM SULFUR BATTERIES     55

6.3           SODIUM SALT BATTERIES           55

6.4           SODIUM AIR BATTERIES               55

6.5           OTHER BATTERY TYPES               55

7               SODIUM-ION BATTERY MARKET, BY FORM FACTOR                 56

7.1           INTRODUCTION              56

7.2           PRISMATIC         56

7.3           CYLINDRICAL    56

7.4           POUCH 56

8               SODIUM-ION BATTERY MARKET, BY TECHNOLOGY                 57

8.1           INTRODUCTION              58

8.2           AQUEOUS           58

8.2.1        WIDE APPLICATIONS IN STATIONARY ENERGY STORAGE SYSTEMS TO

DRIVE MARKET 58

8.3           NONAQUEOUS 59

8.3.1        INCREASING DEMAND IN GRID-LEVEL STORAGE TO BOOST MARKET               59

9               SODIUM-ION BATTERY MARKET, BY END-USE INDUSTRY           60

9.1           INTRODUCTION              61

9.2           ENERGY STORAGE          62

9.2.1        INCREASING DEMAND IN GRID-LEVEL STORAGE SYSTEMS TO DRIVE MARKET      62

9.3           AUTOMOTIVE   62

9.3.1        WIDE ADOPTION OF SODIUM-ION BATTERIES IN HYBRID ELECTRIC VEHICLES TO FUEL DEMAND              62

9.4           INDUSTRIAL      63

9.4.1        RISING NEED IN INDUSTRIAL SETTINGS AND TELECOMMUNICATION

TOWERS TO DRIVE DEMAND     63

9.5           OTHER END-USE INDUSTRIES   63

10            SODIUM-ION BATTERY MARKET, BY REGION     64

10.1         INTRODUCTION              65

10.2         ASIA PACIFIC     66

10.2.1      RECESSION IMPACT       66

10.2.2      CHINA  68

10.2.2.1  Rising demand for electric vehicles to drive market        68

10.2.3      SOUTH KOREA  68

10.2.3.1  Pressing need for energy storage to drive market            68

10.2.4      JAPAN   69

10.2.4.1  Increasing demand in industrial and EV sectors to drive market                 69

10.2.5      AUSTRALIA         69

10.2.5.1  Rising demand for renewable energy sources to drive market                 69

10.2.6      REST OF ASIA PACIFIC   70

10.3         NORTH AMERICA             70

10.3.1      RECESSION IMPACT       71

10.3.2      US           72

10.3.2.1  Rise in electric vehicles sector to drive market                 72

10.4         EUROPE               73

10.4.1      RECESSION IMPACT       73

10.4.2      GERMANY           74

10.4.2.1  Supportive regulatory framework to drive market           74

10.4.3      FRANCE                75

10.4.3.1  Growth of automotive sector to drive market  75

10.4.4      UK          75

10.4.4.1  Surge in electric vehicles and energy storage industry to drive market    75

10.4.5      REST OF EUROPE             76

10.5         REST OF WORLD              76

11            COMPETITIVE LANDSCAPE         77

11.1         INTRODUCTION              77

11.2         STRATEGIES ADOPTED BY KEY PLAYERS              77

11.3         REVENUE ANALYSIS       78

11.4         MARKET SHARE ANALYSIS           79

11.4.1      RANKING OF KEY MARKET PLAYERS, 2024             79

11.4.2      MARKET SHARE OF KEY PLAYERS             80

11.4.2.1  Faradion (UK)      81

11.4.2.2  Contemporary Amperex Technology Co., Ltd (China) 81

11.4.2.3  Tiamat Energy (France)      81

11.4.2.4  HiNa Battery Technology Co., Ltd. (China)   81

11.4.2.5  Jiangsu Zoolnasm Energy Technology Co., Ltd. (China)                 82

11.5         BRAND/PRODUCT COMPARISON             82

11.5.1      SODIUM-ION BATTERIES BY FARADION                82

11.5.2      SODIUM-ION BATTERIES BY CONTEMPORARY AMPEREX

TECHNOLOGY CO., LTD.              83

11.5.3      SODIUM ION BATTERIES BY TIAMAT ENERGY   83

11.5.4      SODIUM ION BATTERIES BY HINA BATTERY TECHNOLOGY CO., LTD.              83

11.5.5      SODIUM ION BATTERIES BY JIANGSU ZOOLNASM ENERGY

TECHNOLOGY CO., LTD               83

11.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 83

11.6.1      STARS   83

11.6.2      EMERGING LEADERS     83

11.6.3      PERVASIVE PLAYERS      84

11.6.4      PARTICIPANTS 84

11.6.5      COMPANY FOOTPRINT 85

11.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        87

11.7.1      PROGRESSIVE COMPANIES         87

11.7.2      RESPONSIVE COMPANIES            87

11.7.3      DYNAMIC COMPANIES  87

11.7.4      STARTING BLOCKS         87

11.7.5      COMPETITIVE BENCHMARKING               89

11.8         VALUATION AND FINANCIAL METRICS 90

11.9         COMPETITIVE SCENARIO AND TRENDS                91

11.9.1      PRODUCT LAUNCHES   91

11.9.2      DEALS  92

11.9.3      EXPANSIONS     93

12            COMPANY PROFILES      95

12.1         KEY PLAYERS     95

12.1.1      FARADION          95

12.1.1.1  Business overview 95

12.1.1.2  Products/Solutions/Services offered 95

12.1.1.3  Recent developments           96

12.1.1.3.1                Deals      96

12.1.1.3.2                Others    96

12.1.1.4  MnM view              97

12.1.1.4.1                Key strengths        97

12.1.1.4.2                Strategic choices   97

12.1.1.4.3                Weaknesses and competitive threats 97

12.1.2      CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL)        98

12.1.2.1  Business overview 98

12.1.2.2  Products/Solutions/Services offered 99

12.1.2.3  Recent developments           99

12.1.2.3.1                Product launches  99

12.1.2.3.2                Deals      100

12.1.2.3.3                Expansions             100

12.1.2.4  MnM view              101

12.1.2.4.1                Key strengths        101

12.1.2.4.2                Strategic choices   101

12.1.2.4.3                Weaknesses and competitive threats 101

12.1.3      TIAMAT ENERGY              102

12.1.3.1  Business overview 102

12.1.3.2  Products/Solutions/Services offered 102

12.1.3.3  Recent developments           102

12.1.3.3.1                Deals      102

12.1.3.3.2                Expansions             103

12.1.3.4  MnM view              103

12.1.3.4.1                Key strengths        103

12.1.3.4.2                Strategic choices   103

12.1.3.4.3                Weaknesses and competitive threats 103

12.1.4      HINA BATTERY TECHNOLOGY CO., LTD.              104

12.1.4.1  Business overview 104

12.1.4.2  Products/Solutions/Services offered 104

12.1.4.3  Recent developments           104

12.1.4.3.1                Product launches  104

12.1.4.3.2                Deals      105

12.1.4.4  MnM view              105

12.1.4.4.1                Key strengths        105

12.1.4.4.2                Strategic choices   105

12.1.4.4.3                Weaknesses and competitive threats 105

12.1.5      JIANGSU ZOOLNASM ENERGY TECHNOLOGY CO., LTD.                 106

12.1.5.1  Business overview 106

12.1.5.2  Products/Solutions/Services offered 106

12.1.5.3  Recent developments           107

12.1.5.3.1                Expansions             107

12.1.5.4  MnM view              108

12.1.5.4.1                Key strengths        108

12.1.5.4.2                Strategic choices   108

12.1.5.4.3                Weaknesses & competitive threats     108

12.1.6      ALTRIS AB           109

12.1.6.1  Business overview 109

12.1.6.2  Products/Solutions/Services offered 109

12.1.6.3  Recent developments           109

12.1.6.3.1                Deals      109

12.1.6.4  MnM view              110

12.1.6.4.1                Key strengths        110

12.1.6.4.2                Strategic choices   110

12.1.6.4.3                Weaknesses and competitive threats 110

12.1.7      NATRON ENERGY, INC. 111

12.1.7.1  Business overview 111

12.1.7.2  Products/Solutions/Services offered 111

12.1.7.3  Recent developments           112

12.1.7.3.1                Product launches  112

12.1.7.3.2                Deals      112

12.1.7.3.3                Expansions             113

12.1.7.4  MnM view              114

12.1.7.4.1                Key strengths        114

12.1.7.4.2                Strategic choices   114

12.1.7.4.3                Weaknesses and competitive threats 114

12.1.8      NGK INSULATORS, LTD.                115

12.1.8.1  Business overview 115

12.1.8.2  Products/Solutions/Services offered 116

12.1.8.3  Recent developments           117

12.1.8.3.1                Expansions             117

12.1.8.4  MnM view              118

12.1.8.4.1                Key strengths        118

12.1.8.4.2                Strategic choices   118

12.1.8.4.3                Weaknesses and competitive threats 118

12.1.9      LI-FUN TECHNOLOGY CORPORATION LIMITED                 119

12.1.9.1  Business overview 119

12.1.9.2  Products/Solutions/Services offered 119

12.1.9.3  Recent developments           120

12.1.9.3.1                Deals      120

12.1.10   JIANGSU TRANSIMAGE TECHNOLOGY CO., LTD.                 121

12.1.10.1                 Business overview 121

12.1.10.2                 Products/Solutions/Services offered 121

12.1.10.3                 Recent developments           122

12.1.10.3.1             Deals      122

12.1.10.4                 MnM view              122

12.1.10.4.1             Key strengths        122

12.1.10.4.2             Strategic choices   122

12.1.10.4.3             Weaknesses and competitive threats 122

12.1.11   ZHEJIANG NATRIUM ENERGY CO., LTD.                123

12.1.11.1                 Business overview 123

12.1.11.2                 Products/Solutions/Services offered 123

12.1.11.3                 Recent developments           124

12.1.11.3.1             Deals      124

12.1.11.3.2             Expansions             124

12.2         OTHER PLAYERS              126

12.2.1      SODION ENERGY PVT. LTD.        126

12.2.1.1  Recent developments           126

12.2.1.1.1                Product launches  126

12.2.1.1.2                Deals      127

12.2.2      INDI ENERGY     128

12.2.3      NORTHVOLT AB               129

12.2.3.1  Recent developments           129

12.2.3.1.1                Product launches  129

12.2.4      ZONERGY CORPORATION           130

12.2.5      BYD MOTORS INC.          131

12.2.5.1  Recent developments           131

12.2.5.1.1                Deals      131

12.2.6      FARASIS ENERGY EUROPE GMBH.            132

12.2.6.1  Recent developments           132

12.2.6.1.1                Product launches  132

12.2.7      FARASIS ENERGY(GANZHOU)CO., LTD. 133

13            ADJACENT AND RELATED MARKET         134

13.1         INTRODUCTION              134

13.2         LIMITATIONS    134

13.3         SODIUM-ION BATTERY INTERCONNECTED MARKET                 134

13.4         LITHIUM-ION BATTERY MARKET             134

13.4.1      MARKET DEFINITION   134

13.4.2      MARKET OVERVIEW       134

13.4.3      LITHIUM-ION BATTERY, BY VOLTAGE  135

13.4.3.1  Low Voltage (Below 12 V) 135

13.4.3.2  Medium Voltage (Between 12–36 V)                136

13.4.3.3  High Voltage (Above 36 V)                 136

14            APPENDIX           137

14.1         DISCUSSION GUIDE        137

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                140

14.3         CUSTOMIZATION OPTIONS        142

14.4         RELATED REPORTS         142

14.5         AUTHOR DETAILS           143

LIST OF TABLES

TABLE 1                SODIUM-ION BATTERY MARKET: INCLUSIONS AND EXCLUSIONS           18

TABLE 2                SODIUM-ION BATTERY MARKET SNAPSHOT: 2025 VS. 2030       31

TABLE 3                SODIUM-ION BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS 39

TABLE 4                SODIUM-ION BATTERY MARKET: ROLE IN ECOSYSTEM       42

TABLE 5                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  43

TABLE 6                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  43

TABLE 7                ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  44

TABLE 8                SODIUM-ION BATTERY MARKET: KEY CONFERENCES AND EVENTS (2024–2025)               45

TABLE 9                IMPORT DATA OF SODIUM (USD THOUSAND)                 45

TABLE 10              EXPORT DATA OF SODIUM (USD THOUSAND)                 46

TABLE 11              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP 3 END-USE INDUSTRIES (%)              48

TABLE 12              KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES       48

TABLE 13              SODIUM-ION BATTERY MARKET, BY TECHNOLOGY TYPE,

2023–2030 (USD MILLION)            58

TABLE 14              SODIUM-ION BATTERY MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            61

TABLE 15              ENERGY STORAGE: SODIUM-ION BATTERY MARKET, BY REGION,

2023–2030 (USD MILLION)            62

TABLE 16             AUTOMOTIVE: SODIUM-ION BATTERY MARKET, BY REGION,

2023–2030 (USD MILLION)            62

TABLE 17              INDUSTRIAL: SODIUM-ION BATTERY MARKET, BY REGION,

2023–2030 (USD MILLION)            63

TABLE 18              OTHER END-USE INDUSTRIES: SODIUM-ION BATTERY MARKET, BY REGION,

2023–2030 (USD MILLION)            63

TABLE 19              SODIUM-ION BATTERY MARKET, BY REGION, 2023–2030 (GWH)              65

TABLE 20              SODIUM-ION BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)            66

TABLE 21              ASIA PACIFIC: SODIUM-ION BATTERY MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            67

TABLE 22              ASIA PACIFIC: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            68

TABLE 23              CHINA: SODIUM-ION BATTERY MARKET, BY END USE, 2023–2030 (USD MILLION)        68

TABLE 24              SOUTH KOREA: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            69

TABLE 25              JAPAN: SODIUM-ION BATTERY MARKET, BY END USE, 2023–2030 (USD MILLION)        69

TABLE 26              AUSTRALIA: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            70

TABLE 27              REST OF ASIA PACIFIC: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            70

TABLE 28              NORTH AMERICA: SODIUM-ION BATTERY MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            71

TABLE 29              NORTH AMERICA: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            72

TABLE 30              US: SODIUM-ION BATTERY MARKET, BY END USE, 2023–2030 (USD MILLION)  72

TABLE 31              EUROPE: SODIUM-ION BATTERY MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            74

TABLE 32              EUROPE: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            74

TABLE 33              GERMANY: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            74

TABLE 34              FRANCE: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            75

TABLE 35              UK: SODIUM-ION BATTERY MARKET, BY END USE, 2023–2030 (USD MILLION)  75

TABLE 36              REST OF EUROPE: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            76

TABLE 37              REST OF WORLD: SODIUM-ION BATTERY MARKET, BY END USE,

2023–2030 (USD MILLION)            76

TABLE 38              OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS           77

TABLE 39              DEGREE OF COMPETITION: SODIUM-ION BATTERY MARKET          80

TABLE 40              SODIUM-ION BATTERY MARKET: REGION FOOTPRINT (11 COMPANIES)    85

TABLE 41              SODIUM-ION BATTERY MARKET: TYPE FOOTPRINT (11 COMPANIES)    86

TABLE 42              SODIUM-ION BATTERY MARKET: END-USE INDUSTRY FOOTPRINT (11 COMPANIES)              86

TABLE 43              SODIUM-ION BATTERY MARKET: KEY STARTUPS/SMES              89

TABLE 44              SODIUM-ION BATTERY MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    89

TABLE 45              SODIUM-ION BATTERY MARKET: PRODUCT LAUNCHES, JUNE 2019–MARCH 2024        91

TABLE 46              SODIUM-ION BATTERY MARKET: DEALS, JUNE 2019–MARCH 2024             92

TABLE 47              SODIUM-ION BATTERY MARKET: EXPANSIONS, JUNE 2019–MARCH 2024 93

TABLE 48              FARADION: COMPANY OVERVIEW           95

TABLE 49              FARADION: PRODUCTS/SOLUTIONS/SERVICES OFFERED             95

TABLE 50              FARADION: DEALS          96

TABLE 51              FARADION: OTHERS       96

TABLE 52              CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL): COMPANY OVERVIEW        98

TABLE 53              CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL): PRODUCTS/SOLUTIONS/SERVICES OFFERED                 99

TABLE 54              CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL): PRODUCT LAUNCHES         99

TABLE 55              CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL): DEALS        100

TABLE 56              CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL): EXPANSIONS           100

TABLE 57              TIAMAT ENERGY: COMPANY OVERVIEW                 102

TABLE 58              TIAMAT ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    102

TABLE 59              TIAMAT ENERGY: DEALS              102

TABLE 60              TIAMAT ENERGY: EXPANSIONS 103

TABLE 61              HINA BATTERY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW   104

TABLE 62              HINA BATTERY TECHNOLOGY CO., LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    104

TABLE 63              HINA BATTERY TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES   104

TABLE 64              HINA BATTERY TECHNOLOGY CO., LTD.: DEALS  105

TABLE 65              JIANGSU ZOOLNASM ENERGY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW              106

TABLE 66              JIANGSU ZOOLNASM ENERGY TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED                 106

TABLE 67              JIANGSU ZOOLNASM ENERGY TECHNOLOGY CO., LTD.: EXPANSIONS                107

TABLE 68              ALTRIS AB: COMPANY OVERVIEW            109

TABLE 69              ALTRIS AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             109

TABLE 70              ALTRIS AB: DEALS           109

TABLE 71              NATRON ENERGY, INC.: COMPANY OVERVIEW                 111

TABLE 72              NATRON ENERGY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    111

TABLE 73              NATRON ENERGY INC.: PRODUCT LAUNCHES                 112

TABLE 74              NATRON ENERGY INC.: DEALS  112

TABLE 75              NATRON ENERGY INC.: EXPANSIONS     113

TABLE 76              NGK INSULATORS, LTD.: COMPANY OVERVIEW                 115

TABLE 77              NGK INSULATORS, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    116

TABLE 78              NGK INSULATORS, LTD.: EXPANSIONS  117

TABLE 79              LI-FUN TECHNOLOGY CORPORATION LIMITED: COMPANY OVERVIEW               119

TABLE 80              LI-FUN TECHNOLOGY CORPORATION LIMITED:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    119

TABLE 81              LI-FUN TECHNOLOGY CORPORATION LIMITED: DEALS               120

TABLE 82              JIANGSU TRANSIMAGE SODIUM-LON BATTERY TECHNOLOGY CO., LTD.:

COMPANY OVERVIEW   121

TABLE 83              JIANGSU TRANSIMAGE SODIUM-LON BATTERY TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             121

TABLE 84              JIANGSU TRANSIMAGE SODIUM-LON BATTERY TECHNOLOGY CO., LTD.: DEALS              122

TABLE 85              ZHEJIANG NATRIUM ENERGY CO., LTD.: COMPANY OVERVIEW   123

TABLE 86              ZHEJIANG NATRIUM ENERGY CO., LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    123

TABLE 87              ZHEJIANG NATRIUM ENERGY CO., LTD.: DEALS                 124

TABLE 88              ZHEJIANG NATRIUM ENERGY CO., LTD.: EXPANSIONS     124

TABLE 89              SODION ENERGY PVT. LTD.: COMPANY OVERVIEW          126

TABLE 90              SODION ENERGY PVT. LTD.: PRODUCT LAUNCHES          126

TABLE 91              SODION ENERGY PVT. LTD.: DEALS        127

TABLE 92              INDI ENERGY: COMPANY OVERVIEW     128

TABLE 93              NORTHVOLT AB: COMPANY OVERVIEW                 129

TABLE 94              NORTHVOLT AB: PRODUCT LAUNCHES                 129

TABLE 95              ZONERGY CORPORATION.: COMPANY OVERVIEW          130

TABLE 96              BYD MOTORS INC.: COMPANY OVERVIEW                 131

TABLE 97              BYD COMPANY LTD.: DEALS      131

TABLE 98              FARASIS ENERGY EUROPE GMBH: COMPANY OVERVIEW          132

TABLE 99              FARASIS ENERGY EUROPE GMBH: PRODUCT LAUNCHES          132

TABLE 100            FARASIS ENERGY (GANZHOU) CO., LTD.: COMPANY OVERVIEW   133

TABLE 101            LITHIUM-ION BATTERY, BY VOLTAGE, 2019–2022 (USD MILLION)       135

TABLE 102            LITHIUM-ION BATTERY, BY VOLTAGE, 2023–2032 (USD MILLION)       135

LIST OF FIGURES

FIGURE 1              SODIUM-ION BATTERY MARKET: MARKET SEGMENTATION & REGIONS COVERED 18

FIGURE 2              SODIUM-ION BATTERY MARKET: RESEARCH DESIGN                21

FIGURE 3              MATRIX ASSESSING DEMAND FOR SODIUM-ION BATTERIES         25

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              26

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                26

FIGURE 6              METHODOLOGY FOR SUPPLY-SIDE SIZING OF SODIUM-ION BATTERY MARKET (1/2)   27

FIGURE 7              METHODOLOGY FOR SUPPLY-SIDE SIZING OF SODIUM-ION BATTERY MARKET (2/2)   27

FIGURE 8              SODIUM-ION BATTERY MARKET: DATA TRIANGULATION             29

FIGURE 9              ENERGY STORAGE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    32

FIGURE 10            NON-AQUEOUS TECHNOLOGY TO ACCOUNT FOR LARGER MARKET SHARE

DURING FORECAST PERIOD       32

FIGURE 11            ASIA PACIFIC DOMINATED SODIUM-ION BATTERY MARKET IN 2024           33

FIGURE 12            SODIUM-ION BATTERY MARKET TO WITNESS SIGNIFICANT GROWTH

BETWEEN 2025 AND 2030               34

FIGURE 13            ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD       34

FIGURE 14            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN

SODIUM-ION BATTERY MARKET              35

FIGURE 15            PORTER’S FIVE FORCES ANALYSIS: SODIUM-ION BATTERY MARKET          39

FIGURE 16            SODIUM-ION BATTERY MARKET: SUPPLY CHAIN ANALYSIS              41

FIGURE 17            SODIUM-ION BATTERY MARKET: ECOSYSTEM                 42

FIGURE 18            AVERAGE SELLING PRICE TREND, BY REGION                 46

FIGURE 19            AVERAGE SELLING PRICE OF SODIUM-ION BATTERY, BY TECHNOLOGY      47

FIGURE 20            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP 3 END-USE INDUSTRIES      47

FIGURE 21            KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES       48

FIGURE 22            COMPANIES WITH HIGHEST PATENT APPLICATIONS FOR SODIUM-ION BATTERIES   49

FIGURE 23            INVESTMENT & FUNDING OF STARTUPS/SMES FOR

SODIUM-ION BATTERY MARKET              51

FIGURE 24            NON-AQUEOUS SEGMENT TO LEAD SODIUM-ION BATTERY MARKET

DURING FORECAST PERIOD       58

FIGURE 25            ENERGY STORAGE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       61

FIGURE 26            EUROPE TO BE GROW AT HIGHEST CAGR DURING FORECAST PERIOD       65

FIGURE 27            ASIA PACIFIC: SODIUM-ION BATTERY MARKET SNAPSHOT          67

FIGURE 28            NORTH AMERICA: SODIUM-ION BATTERY MARKET SNAPSHOT       71

FIGURE 29            EUROPE: SODIUM-ION BATTERY MARKET SNAPSHOT          73

FIGURE 30            REVENUE ANALYSIS OF KEY COMPANIES IN LAST FIVE YEARS              79

FIGURE 31            RANKING OF TOP FIVE PLAYERS IN SODIUM-ION BATTERY MARKET, 2024       79

FIGURE 32            SODIUM-ION BATTERY MARKET SHARE ANALYSIS            80

FIGURE 33            BRAND/PRODUCT COMPARISON             82

FIGURE 34            SODIUM-ION BATTERY MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       84

FIGURE 35            SODIUM-ION BATTERY MARKET: COMPANY FOOTPRINT (11 COMPANIES)    85

FIGURE 36            SODIUM-ION BATTERY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 88

FIGURE 37            COMPANY VALUATION OF KEY PLAYERS                 90

FIGURE 38            EV/EBITDA OF KEY PLAYERS      90

FIGURE 39            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA OF

KEY MANUFACTURERS 90

FIGURE 40            CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.(CATL): COMPANY SNAPSHOT        98

FIGURE 41            NGK INSULATORS, LTD.: COMPANY SNAPSHOT                 116