This report studies the Sodium-Sulfur Battery (NaS) market, A sodium–sulfur 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 (89–92%) 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.
NGK, Sesse-Power, Wuhuhaili and Qintang New Energy are the main producers of sodium-sulfur batteries, NGK accounts for about 40 % of the market.
Japan is the largest production regions of Sodium-Sulfur Battery, with a production value market share nearly 80%. The second place is China with the market share about 10%.
Market Analysis and Insights: Global Sodium-Sulfur Battery Market
In 2020, the global Sodium-Sulfur Battery market size was US$ 228 million and it is expected to reach US$ 850.1 million by the end of 2027, with a CAGR of 18.5% during 2021-2027.
Global Sodium-Sulfur Battery Scope and Market Size
Sodium-Sulfur Battery market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Sodium-Sulfur Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Sodium-Sulfur Battery market is segmented into
Private Portable Sodium Sulfur Battery
Industrial Sodium and Sulfur Battery
Segment by Application, the Sodium-Sulfur Battery market is segmented into
Power Industry
Renewable Energy Industry
Other
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Sodium-Sulfur Battery Market Share Analysis
Sodium-Sulfur Battery market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Sodium-Sulfur Battery product introduction, recent developments, Sodium-Sulfur Battery sales by region, type, application and by sales channel.
The major companies include:
NGK
Sesse-power
Wuhuhaili
Qintang New Energy
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- Global Market Players
- Geopolitical regions
- Consumer Insights
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- Historic and Future Analysis of the Market