Silicon Anode Battery Market Estimated to Be Reach At US$ 101.9 Mn by 2016 | Page 3

R e s e a r c h M a r k e t Consumer electronics segment dominated the global silicon anode battery market and accounted for 43.7% value share and is estimated to remain dominant throughout the forecast period. This segment is projected to grow 5.1X over the forecast period. Increasing demand for high performance of batteries in smartphones is expected to witness a significant growth of the 3G/4G cellphones sub-segment in consumer electronics segment over the forecast period. Therefore, this sub-segment accounted for a major value share and is estimated to remain dominant throughout the forecast period. Moreover, automotive segment is sub-segmented into plug in HEV, HEVs, EVs and electric bicycles. EVs sub-segment in automotive segment is expected to witness significant growth and projected to grow 5.3X over the forecast period. Download Report Table of Content, Figures, and Tables @ http://www.persistencemarketresearch.com/market-research/silicon-anode-batterymarket/toc On the basis of key regions, the global silicon anode battery market has been segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America dominated the market with over 35% of the overall silicon anode battery market share in 2015. This is mainly attributed to product innovation in silicon using nano-technology. Asia Pacific market accounted for over 30% of the overall silicon anode battery market share in 2015. This is mainly attributed to major manufacturing companies of consumer electronics in countries such as China, Japan, and South Korea among others. This in turn, is expected to increase the P e r s i s t e n c e demand for silicon anode batteries over the forecast period. Moreover, increasing adoption of electric vehicles in Europe is estimated to be one of the major reason for the sales of the silicon anode batteries and this region is anticipated to witness a significant CAGR of 22.0% over the forecast period. Some of the key players identified in the global silicon anode battery market are Amprius Inc., Nexeon Limited, Enevate Corporation, XG Sciences Inc., CONNEXX SYSTEM Corporation and OneD Material among others. Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/silicon-anode-battery-market.asp Global Silicon Anode Battery Market 2016-2024