Sodium ion battery capacity is surging as an additional 50 gigawatt-hours (GWh) are expected to come online this year along with 14 new market entrants, taking global capacity to 70 GWh,
With ongoing advancements in sodium-ion battery technology, coupled with expanding infrastructure for EV charging, sodium-ion batteries are poised to play a significant role in powering the next generation of EVs, contributing to
The Global Sodium-Ion Battery Market was valued at USD 387.07 Billion and is projected to reach a market size of USD 845.05 Billion by the end of 2030. Over the forecast period of 2024-2030,
Further innovations in battery chemistries and manufacturing are projected to reduce global average lithium-ion battery costs by a further 40% by 2030 and bring sodium-ion
Sodium-ion batteries are an emerging battery technology with promising cost, safety, sustainability and performance advantages over current commercialised lithium-ion batteries.
Sodium-ion batteries are a promising technology for the ESS-market, expected to take up 21 % of new installations by 2030. This means an anticipated demand of about 50 GWh of sodium-ion
Inventing the sustainable batteries of the future The roadmap for Battery 2030+ is a long term-roadmap for forward looking battery research in Europe. The roadmap suggests research actions to radically transform the way we
BNEF''s forecast suggests that the majority of energy storage build by 2030, equivalent to 61% of megawatts, will be to provide so-called energy shifting – in other words, advancing or delaying the time of electricity dispatch.
Inventing the sustainable batteries of the future The roadmap for Battery 2030+ is a long term-roadmap for forward looking battery research in Europe. The roadmap suggests research
Installed capacity projection of Na-ion battery by potential application [16]. (Figure reprinted with permission.) Although Na-ion and Li-ion batteries share a common working principle, Na-ion batteries exhibit lower energy density and slower
A goal of BATTERY 2030+ is to develop a long-term roadmap for forward-looking battery research in Europe. This roadmap suggests research actions to radically transform the way we discover,
4. Solid-State Batteries Expected to Hold 15% of the EV Battery Market by 2030, with Energy Density 2-3 Times Higher Than Lithium-Ion Solid-state batteries promise longer ranges and
The BATTERY 2030+ vision is to incorporate smart sensing and self-healing functionalities into battery cells with the goals of increasing battery reliability, enhancing lifetime, improving safety,
The 2020 Cost and Performance Assessment provided installed costs for six energy storage technologies: lithium-ion (Li-ion) batteries, lead-acid batteries, vanadium redox flow batteries,
Research firm Fastmarkets recently forecast that average lithium-ion battery pack prices using lithium iron phosphate (LFP) cells will fall to US$100/kWh by 2025, with
Sodium-ion Batteries 2024-2034 provides a comprehensive overview of the sodium-ion battery market, players, and technology trends. Battery benchmarking, material and cost analysis, key player patents, and 10 year
In the power sector, battery storage is the fastest growing clean energy technology on the market. The versatile nature of batteries means they can serve utility-scale projects, behind-the-meter storage for households and
Our Five Beliefs for the 2030 Battery Market 1. Lithium-ion batteries will remain dominant for the foreseeable future Lithium-ion batteries have dominated the global EV battery
Sodium ion battery capacity is surging as an additional 50 gigawatt-hours (GWh) are expected to come online this year along with 14 new market entrants, taking global capacity to 70 GWh, according to Benchmark''s Sodium ion Battery
The "Report on Optimal Generation Capacity Mix for 2029-30" by the Central Electricity Authority (CEA 2023) highlight the importance of energy storage systems as part of
This study evaluates their techno-economic potential, showing that while challenging, they could compete with low-cost Li-ion batteries by the 2030s under specific conditions.
This review gives an overview over the current state-of-the-art and the future needs and in battery research with special emphasis on the five research pillars of the European Large-Scale Research Initiative BATTERY
Battery Energy Storage Systems (BESS) paired with next-gen sodium-ion battery tech are playing an increasingly vital role in enhancing the reliability & efficiency of global power supplies, while potentially offering a
Sodium-ion battery (SIB) technology can potentially address the concerns surrounding LIBs and emerge as an alternative BESS technology. SIBs benefit from limited reliance on critical
A thorough analysis of market and supply chain outcomes for sodium-ion batteries and their lithium-ion competitors is the first by STEER, a new Stanford and SLAC energy technology analysis program.
The global demand for batteries is surging as electrification and advancements in the renewable energy market drive efforts to combat climate change.The lithium-ion battery market, encompassing everything from mining
Market Forecast By Type (Sodium-Sulphur Battery, Sodium-Salt Battery, Sodium-Air Battery), By Application (Stationary Energy Storage, Transportation) And Competitive Landscape
Further innovation in battery chemistries and manufacturing is projected to reduce global average lithium-ion battery costs by a further 40% from 2023 to 2030 and bring sodium‑ion batteries to the market.
Unlike early-stage technologies, the focus now revolves around deploying commercially viable prototypes. This progress reflects the growing confidence in sodium-ion
The Sodium-ion Battery Market size is estimated at USD 178.66 million in 2025, and is expected to reach USD 253.88 million by 2030, at a CAGR of 7.28% during the forecast
With costs fast declining, sodium-ion batteries look set to dominate the future of long duration energy storage, finds an AI-based analysis that predicts technological breakthroughs based on global patent data.
The sodium ion battery market in the U.S. is expected to grow at a CAGR of 18.9% from 2024 to 2030. Increasing demand for sodium-ion batteries from sectors like electric utilities, transportation (potentially for low-range EVs or commercial fleets), and industrial applications requiring reliable and cost-effective energy storage.
With ongoing advancements in sodium-ion battery technology, coupled with expanding infrastructure for EV charging, sodium-ion batteries are poised to play a significant role in powering the next generation of EVs, contributing to reduced emissions and a greener transportation ecosystem.
Energy storage emerged as the largest end-use segment with a market share of about 50.51% in 2023 and is expected to witness robust growth over forecast period. From grid-level applications to residential energy storage systems, sodium-ion batteries offer a compelling solution for storing renewable energy efficiently and cost-effectively.
The sodium-ion battery market is currently characterized by low market concentration, with a mix of established players from the lithium-ion battery industry and emerging startups developing sodium-ion technology.
This technology strategy assessment on sodium batteries, released as part of the Long-Duration Storage Shot, contains the findings from the Storage Innovations (SI) 2030 strategic initiative.
According to some projections, by 2030, the cost of lithium-ion batteries could decrease by an additional 30–40%, driven by technological advancements and increased production. This trend is expected to open up new markets and applications for battery storage, further driving economic viability.
