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Global NaS Batteries Market Research Report 2024
Synopsis
A sodium–sulfur (NaS) 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 and long cycle life, and is fabricated from inexpensive materials. The operating temperatures of 300 to 350 °C and the highly corrosive nature of the sodium polysulfides, primarily make them suitable for stationary energy storage applications. The cell becomes more economical with increasing size.
The global NaS Batteries market was valued at US$ 385 million in 2023 and is anticipated to reach US$ 601 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
North American market for NaS Batteries is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for NaS Batteries is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of NaS Batteries include NGK, POSCO, GE Energy Storage and Ceramatec, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for NaS Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NaS Batteries.
Report Scope
The NaS Batteries market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global NaS Batteries market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the NaS Batteries manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
NGK
POSCO
GE Energy Storage
Ceramatec
Segment by Type
Molten-Salt Type
Others
Segment by Application
Grid
Automobile
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of NaS Batteries manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of NaS Batteries by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of NaS Batteries in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A sodium–sulfur (NaS) 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 and long cycle life, and is fabricated from inexpensive materials. The operating temperatures of 300 to 350 °C and the highly corrosive nature of the sodium polysulfides, primarily make them suitable for stationary energy storage applications. The cell becomes more economical with increasing size.
The global NaS Batteries market was valued at US$ 385 million in 2023 and is anticipated to reach US$ 601 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
North American market for NaS Batteries is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for NaS Batteries is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of NaS Batteries include NGK, POSCO, GE Energy Storage and Ceramatec, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for NaS Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NaS Batteries.
Report Scope
The NaS Batteries market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global NaS Batteries market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the NaS Batteries manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
NGK
POSCO
GE Energy Storage
Ceramatec
Segment by Type
Molten-Salt Type
Others
Segment by Application
Grid
Automobile
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of NaS Batteries manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of NaS Batteries by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of NaS Batteries in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 NaS Batteries Market Overview
1.1 Product Definition
1.2 NaS Batteries Segment by Type
1.2.1 Global NaS Batteries Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Molten-Salt Type
1.2.3 Others
1.3 NaS Batteries Segment by Application
1.3.1 Global NaS Batteries Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Grid
1.3.3 Automobile
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global NaS Batteries Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global NaS Batteries Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global NaS Batteries Production Estimates and Forecasts (2019-2030)
1.4.4 Global NaS Batteries Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global NaS Batteries Production Market Share by Manufacturers (2019-2024)
2.2 Global NaS Batteries Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of NaS Batteries, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global NaS Batteries Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global NaS Batteries Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of NaS Batteries, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of NaS Batteries, Product Offered and Application
2.8 Global Key Manufacturers of NaS Batteries, Date of Enter into This Industry
2.9 NaS Batteries Market Competitive Situation and Trends
2.9.1 NaS Batteries Market Concentration Rate
2.9.2 Global 5 and 10 Largest NaS Batteries Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 NaS Batteries Production by Region
3.1 Global NaS Batteries Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global NaS Batteries Production Value by Region (2019-2030)
3.2.1 Global NaS Batteries Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of NaS Batteries by Region (2025-2030)
3.3 Global NaS Batteries Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global NaS Batteries Production by Region (2019-2030)
3.4.1 Global NaS Batteries Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of NaS Batteries by Region (2025-2030)
3.5 Global NaS Batteries Market Price Analysis by Region (2019-2024)
3.6 Global NaS Batteries Production and Value, Year-over-Year Growth
3.6.1 North America NaS Batteries Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe NaS Batteries Production Value Estimates and Forecasts (2019-2030)
3.6.3 China NaS Batteries Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan NaS Batteries Production Value Estimates and Forecasts (2019-2030)
4 NaS Batteries Consumption by Region
4.1 Global NaS Batteries Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global NaS Batteries Consumption by Region (2019-2030)
4.2.1 Global NaS Batteries Consumption by Region (2019-2024)
4.2.2 Global NaS Batteries Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America NaS Batteries Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America NaS Batteries Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe NaS Batteries Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe NaS Batteries Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 UK
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific NaS Batteries Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific NaS Batteries Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa NaS Batteries Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa NaS Batteries Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global NaS Batteries Production by Type (2019-2030)
5.1.1 Global NaS Batteries Production by Type (2019-2024)
5.1.2 Global NaS Batteries Production by Type (2025-2030)
5.1.3 Global NaS Batteries Production Market Share by Type (2019-2030)
5.2 Global NaS Batteries Production Value by Type (2019-2030)
5.2.1 Global NaS Batteries Production Value by Type (2019-2024)
5.2.2 Global NaS Batteries Production Value by Type (2025-2030)
5.2.3 Global NaS Batteries Production Value Market Share by Type (2019-2030)
5.3 Global NaS Batteries Price by Type (2019-2030)
6 Segment by Application
6.1 Global NaS Batteries Production by Application (2019-2030)
6.1.1 Global NaS Batteries Production by Application (2019-2024)
6.1.2 Global NaS Batteries Production by Application (2025-2030)
6.1.3 Global NaS Batteries Production Market Share by Application (2019-2030)
6.2 Global NaS Batteries Production Value by Application (2019-2030)
6.2.1 Global NaS Batteries Production Value by Application (2019-2024)
6.2.2 Global NaS Batteries Production Value by Application (2025-2030)
6.2.3 Global NaS Batteries Production Value Market Share by Application (2019-2030)
6.3 Global NaS Batteries Price by Application (2019-2030)
7 Key Companies Profiled
7.1 NGK
7.1.1 NGK NaS Batteries Corporation Information
7.1.2 NGK NaS Batteries Product Portfolio
7.1.3 NGK NaS Batteries Production, Value, Price and Gross Margin (2019-2024)
7.1.4 NGK Main Business and Markets Served
7.1.5 NGK Recent Developments/Updates
7.2 POSCO
7.2.1 POSCO NaS Batteries Corporation Information
7.2.2 POSCO NaS Batteries Product Portfolio
7.2.3 POSCO NaS Batteries Production, Value, Price and Gross Margin (2019-2024)
7.2.4 POSCO Main Business and Markets Served
7.2.5 POSCO Recent Developments/Updates
7.3 GE Energy Storage
7.3.1 GE Energy Storage NaS Batteries Corporation Information
7.3.2 GE Energy Storage NaS Batteries Product Portfolio
7.3.3 GE Energy Storage NaS Batteries Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GE Energy Storage Main Business and Markets Served
7.3.5 GE Energy Storage Recent Developments/Updates
7.4 Ceramatec
7.4.1 Ceramatec NaS Batteries Corporation Information
7.4.2 Ceramatec NaS Batteries Product Portfolio
7.4.3 Ceramatec NaS Batteries Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Ceramatec Main Business and Markets Served
7.4.5 Ceramatec Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 NaS Batteries Industry Chain Analysis
8.2 NaS Batteries Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 NaS Batteries Production Mode & Process
8.4 NaS Batteries Sales and Marketing
8.4.1 NaS Batteries Sales Channels
8.4.2 NaS Batteries Distributors
8.5 NaS Batteries Customers
9 NaS Batteries Market Dynamics
9.1 NaS Batteries Industry Trends
9.2 NaS Batteries Market Drivers
9.3 NaS Batteries Market Challenges
9.4 NaS Batteries Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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