Enovix Corporation a manufacturer of innovative silicon batteries, has announced that Penang Malaysia would house its first high-volume manufacturing facility.
Enevate Corporation announced a new production license agreement with EnerTech International to commercialize its silicon-dominant, XFC-Energy battery technology in the transportation, mobility, and reserve power markets.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 4900
Published Date: May 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing demand for electric vehicles and the growing technological advancements are the major factors driving the growth of the market.
The market size of Silicon Anode Battery is anticipated to attain a CAGR of 68% over the forecast period, i.e., 2023-2035.
The major players in the market are Samsung SDI Co., Ltd., LG Chem Ltd., Tesla, Enovix Corporation, Enevate Corporation, XG Sciences, Inc., Amprius Technologies, California Lithium Battery, Nanotek Instruments.
The medical devices segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.