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Sodium Sulfur (NaS) Batteries-Global Market Insights and Sales Trends 2024
Synopsis
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 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 Sodium Sulfur (NaS) Batteries market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Sodium Sulfur (NaS) Batteries in various end use industries. The expanding demands from the Grid, Automobile and Others,, are propelling Sodium Sulfur (NaS) Batteries market. Molten-Salt Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Others segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Sodium Sulfur (NaS) Batteries market, driven by demand from China, the second largest economy with some signs of stabilising, the Sodium Sulfur (NaS) Batteries market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Sodium Sulfur (NaS) Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Sodium Sulfur (NaS) Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Sodium Sulfur (NaS) Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Sodium Sulfur (NaS) Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Sodium Sulfur (NaS) Batteries covered in this report include NGK, POSCO, GE Energy Storage and Ceramatec, etc.
The global Sodium Sulfur (NaS) Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NGK
POSCO
GE Energy Storage
Ceramatec
Global Sodium Sulfur (NaS) Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Sodium Sulfur (NaS) Batteries market, Segment by Type:
Molten-Salt Type
Others
Global Sodium Sulfur (NaS) Batteries market, by Application
Grid
Automobile
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Sodium Sulfur (NaS) Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Sodium Sulfur (NaS) Batteries in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 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 Sodium Sulfur (NaS) Batteries market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Sodium Sulfur (NaS) Batteries in various end use industries. The expanding demands from the Grid, Automobile and Others,, are propelling Sodium Sulfur (NaS) Batteries market. Molten-Salt Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Others segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Sodium Sulfur (NaS) Batteries market, driven by demand from China, the second largest economy with some signs of stabilising, the Sodium Sulfur (NaS) Batteries market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Sodium Sulfur (NaS) Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Sodium Sulfur (NaS) Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Sodium Sulfur (NaS) Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Sodium Sulfur (NaS) Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Sodium Sulfur (NaS) Batteries covered in this report include NGK, POSCO, GE Energy Storage and Ceramatec, etc.
The global Sodium Sulfur (NaS) Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NGK
POSCO
GE Energy Storage
Ceramatec
Global Sodium Sulfur (NaS) Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Sodium Sulfur (NaS) Batteries market, Segment by Type:
Molten-Salt Type
Others
Global Sodium Sulfur (NaS) Batteries market, by Application
Grid
Automobile
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Sodium Sulfur (NaS) Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Sodium Sulfur (NaS) Batteries in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Sodium Sulfur (NaS) Batteries Market Overview
1.1 Sodium Sulfur (NaS) Batteries Product Overview
1.2 Sodium Sulfur (NaS) Batteries Market Segment by Type
1.2.1 Molten-Salt Type
1.2.2 Others
1.3 Global Sodium Sulfur (NaS) Batteries Market Size by Type
1.3.1 Global Sodium Sulfur (NaS) Batteries Market Size Overview by Type (2018-2029)
1.3.2 Global Sodium Sulfur (NaS) Batteries Historic Market Size Review by Type (2018-2023)
1.3.3 Global Sodium Sulfur (NaS) Batteries Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Sodium Sulfur (NaS) Batteries Sales Breakdown by Type (2018-2023)
1.4.2 Europe Sodium Sulfur (NaS) Batteries Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Sodium Sulfur (NaS) Batteries Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Sodium Sulfur (NaS) Batteries Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Sodium Sulfur (NaS) Batteries Sales Breakdown by Type (2018-2023)
2 Global Sodium Sulfur (NaS) Batteries Market Competition by Company
2.1 Global Top Players by Sodium Sulfur (NaS) Batteries Sales (2018-2023)
2.2 Global Top Players by Sodium Sulfur (NaS) Batteries Revenue (2018-2023)
2.3 Global Top Players by Sodium Sulfur (NaS) Batteries Price (2018-2023)
2.4 Global Top Manufacturers Sodium Sulfur (NaS) Batteries Manufacturing Base Distribution, Sales Area, Product Type
2.5 Sodium Sulfur (NaS) Batteries Market Competitive Situation and Trends
2.5.1 Sodium Sulfur (NaS) Batteries Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Sodium Sulfur (NaS) Batteries Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Sodium Sulfur (NaS) Batteries as of 2022)
2.7 Date of Key Manufacturers Enter into Sodium Sulfur (NaS) Batteries Market
2.8 Key Manufacturers Sodium Sulfur (NaS) Batteries Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Sodium Sulfur (NaS) Batteries Status and Outlook by Region
3.1 Global Sodium Sulfur (NaS) Batteries Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Sodium Sulfur (NaS) Batteries Historic Market Size by Region
3.2.1 Global Sodium Sulfur (NaS) Batteries Sales in Volume by Region (2018-2023)
3.2.2 Global Sodium Sulfur (NaS) Batteries Sales in Value by Region (2018-2023)
3.2.3 Global Sodium Sulfur (NaS) Batteries Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Sodium Sulfur (NaS) Batteries Forecasted Market Size by Region
3.3.1 Global Sodium Sulfur (NaS) Batteries Sales in Volume by Region (2024-2029)
3.3.2 Global Sodium Sulfur (NaS) Batteries Sales in Value by Region (2024-2029)
3.3.3 Global Sodium Sulfur (NaS) Batteries Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Sodium Sulfur (NaS) Batteries by Application
4.1 Sodium Sulfur (NaS) Batteries Market Segment by Application
4.1.1 Grid
4.1.2 Automobile
4.1.3 Others
4.2 Global Sodium Sulfur (NaS) Batteries Market Size by Application
4.2.1 Global Sodium Sulfur (NaS) Batteries Market Size Overview by Application (2018-2029)
4.2.2 Global Sodium Sulfur (NaS) Batteries Historic Market Size Review by Application (2018-2023)
4.2.3 Global Sodium Sulfur (NaS) Batteries Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Sodium Sulfur (NaS) Batteries Sales Breakdown by Application (2018-2023)
4.3.2 Europe Sodium Sulfur (NaS) Batteries Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Sodium Sulfur (NaS) Batteries Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Sodium Sulfur (NaS) Batteries Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Sodium Sulfur (NaS) Batteries Sales Breakdown by Application (2018-2023)
5 North America Sodium Sulfur (NaS) Batteries by Country
5.1 North America Sodium Sulfur (NaS) Batteries Historic Market Size by Country
5.1.1 North America Sodium Sulfur (NaS) Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2018-2023)
5.1.3 North America Sodium Sulfur (NaS) Batteries Sales in Value by Country (2018-2023)
5.2 North America Sodium Sulfur (NaS) Batteries Forecasted Market Size by Country
5.2.1 North America Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2024-2029)
5.2.2 North America Sodium Sulfur (NaS) Batteries Sales in Value by Country (2024-2029)
6 Europe Sodium Sulfur (NaS) Batteries by Country
6.1 Europe Sodium Sulfur (NaS) Batteries Historic Market Size by Country
6.1.1 Europe Sodium Sulfur (NaS) Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2018-2023)
6.1.3 Europe Sodium Sulfur (NaS) Batteries Sales in Value by Country (2018-2023)
6.2 Europe Sodium Sulfur (NaS) Batteries Forecasted Market Size by Country
6.2.1 Europe Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2024-2029)
6.2.2 Europe Sodium Sulfur (NaS) Batteries Sales in Value by Country (2024-2029)
7 Asia-Pacific Sodium Sulfur (NaS) Batteries by Region
7.1 Asia-Pacific Sodium Sulfur (NaS) Batteries Historic Market Size by Region
7.1.1 Asia-Pacific Sodium Sulfur (NaS) Batteries Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Sodium Sulfur (NaS) Batteries Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Sodium Sulfur (NaS) Batteries Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Sodium Sulfur (NaS) Batteries Forecasted Market Size by Region
7.2.1 Asia-Pacific Sodium Sulfur (NaS) Batteries Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Sodium Sulfur (NaS) Batteries Sales in Value by Region (2024-2029)
8 Latin America Sodium Sulfur (NaS) Batteries by Country
8.1 Latin America Sodium Sulfur (NaS) Batteries Historic Market Size by Country
8.1.1 Latin America Sodium Sulfur (NaS) Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2018-2023)
8.1.3 Latin America Sodium Sulfur (NaS) Batteries Sales in Value by Country (2018-2023)
8.2 Latin America Sodium Sulfur (NaS) Batteries Forecasted Market Size by Country
8.2.1 Latin America Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2024-2029)
8.2.2 Latin America Sodium Sulfur (NaS) Batteries Sales in Value by Country (2024-2029)
9 Middle East and Africa Sodium Sulfur (NaS) Batteries by Country
9.1 Middle East and Africa Sodium Sulfur (NaS) Batteries Historic Market Size by Country
9.1.1 Middle East and Africa Sodium Sulfur (NaS) Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Sodium Sulfur (NaS) Batteries Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Sodium Sulfur (NaS) Batteries Forecasted Market Size by Country
9.2.1 Middle East and Africa Sodium Sulfur (NaS) Batteries Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Sodium Sulfur (NaS) Batteries Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NGK
10.1.1 NGK Company Information
10.1.2 NGK Introduction and Business Overview
10.1.3 NGK Sodium Sulfur (NaS) Batteries Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NGK Sodium Sulfur (NaS) Batteries Products Offered
10.1.5 NGK Recent Development
10.2 POSCO
10.2.1 POSCO Company Information
10.2.2 POSCO Introduction and Business Overview
10.2.3 POSCO Sodium Sulfur (NaS) Batteries Sales, Revenue and Gross Margin (2018-2023)
10.2.4 POSCO Sodium Sulfur (NaS) Batteries Products Offered
10.2.5 POSCO Recent Development
10.3 GE Energy Storage
10.3.1 GE Energy Storage Company Information
10.3.2 GE Energy Storage Introduction and Business Overview
10.3.3 GE Energy Storage Sodium Sulfur (NaS) Batteries Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE Energy Storage Sodium Sulfur (NaS) Batteries Products Offered
10.3.5 GE Energy Storage Recent Development
10.4 Ceramatec
10.4.1 Ceramatec Company Information
10.4.2 Ceramatec Introduction and Business Overview
10.4.3 Ceramatec Sodium Sulfur (NaS) Batteries Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ceramatec Sodium Sulfur (NaS) Batteries Products Offered
10.4.5 Ceramatec Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Sodium Sulfur (NaS) Batteries Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Sodium Sulfur (NaS) Batteries Industrial Chain Analysis
11.4 Sodium Sulfur (NaS) Batteries Market Dynamics
11.4.1 Sodium Sulfur (NaS) Batteries Industry Trends
11.4.2 Sodium Sulfur (NaS) Batteries Market Drivers
11.4.3 Sodium Sulfur (NaS) Batteries Market Challenges
11.4.4 Sodium Sulfur (NaS) Batteries Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Sodium Sulfur (NaS) Batteries Distributors
12.3 Sodium Sulfur (NaS) Batteries Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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