Competition in the Silicon Anode Market Set to Intensify, Says IDTechEx

Combined, silicon anodes present a highly valuable proposition for electric vehicles and indeed the largest opportunity for silicon anode material lies in BEVs with the possibility of silicon being used as an additive or as the dominant active material. Demand from other EV segments and consumer devices still represent a significant opportunity for silicon anode material and IDTechEx forecast that by 2032, demand for silicon anode material will reach $12.9B. Combined, silicon anodes present a...

Combined, silicon anodes present a highly valuable proposition for electric vehicles and indeed the largest opportunity for silicon anode material lies in BEVs with the possibility of silicon being used as an additive or as the dominant active material. Demand from other EV segments and consumer devices still represent a significant opportunity for silicon anode material and IDTechEx forecast that by 2032, demand for silicon anode material will reach $12.9B.

However, with nearly 30 start-up companies looking to commercialize silicon anode solutions, not to mention development at more established materials and battery players, competition in the silicon anode space is intensifying. Start-ups and earlier stage companies find themselves in a race to lock in investments, partnerships, and orders. While the market is beginning to look increasingly crowded, the rewards for succeeding will be significant, and this competition will play a role in accelerating the commercialization of the better, cheaper, and more environmentally friendly batteries that are needed for better products and electric vehicles. To find out more on the state of the silicon anode market, see IDTechEx's report "Advanced Li-ion and Beyond Lithium Batteries 2022-2032: Technologies, Players, Trends, Markets".

IDTechEx Webinar

Dr Alex Holland, Senior Technology Analyst at IDTechEx, will be presenting a free-to-attend webinar on Thursday 20 January 2022 – "Next Generation Batteries and Beyond Lithium - What's Happening in Battery Technology?".

This webinar will:

To find out more and register your free place, please visit - www.IDTechEx.com/en/webinar/next-generation-batteries-and-beyond-lithium-whats-happening-in-battery-technology/410.

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