Global Next-Generation Batteries Market: Key Research Findings 2019

Yano Research Institute (the President, Takashi Mizukoshi) conducted a survey on the global next-generation batteries market, and found out the trend by battery type, the trends of market players, and future perspectives.

Global Market Size and Forecast of Next-Generation Batteries
Global Market Size and Forecast of Next-Generation Batteries

Market Overview

Some of next-generation batteries have already introduced in the market and have been paid attention, but most of the post-lithium ion batteries (the batteries succeeding lithium ion batteries) are to be fully used after 2020.

​The global market of next-generation batteries in 2018, based on the shipment values at makers, achieved 636,000 million yen. Of all the battery types, high-capacitance all-solid-state lithium-ion batteries attract the most attention, because they already have the cases of being practically applied as driving power source for next-generation EVs at a major transportation/distribution company in France. 

Noteworthy Topics

Plans for Productization of High-function, New-Structured Lithium Ion Batteries Becoming Obvious

In Japan, some plans to productize new principle batteries as well as new types of high-function or newly structured lithium ion batteries have become obvious. The market for such new types of batteries, when including lithium ion batteries, has already been created.

Some new principle batteries with ultra-high energy density and ultra-large capacity batteries, that exceed the theoretical values of lithium-air batteries, are expected to be productized by the first half of 2020s. In addition, rechargeable battery components that equipped both with rapid charging and discharging functions and high durability may be commercialized by around 2021 to 2022. The market of new principle batteries alone is expected to expand to some extent by 2030, because use of high-performance aqueous saturated electrolyte capacitor for energy regeneration together with productization of graphene supercapacitors are prospected to be feasible.

Future Outlook

The market size of next-generation batteries by 2030 is expected to expand 20 times larger than that of 2018, reaching 1,494,000 million yen, based on the shipment values at the makers.

When observing this by type, high-capacitance all-solid-state lithium-ion batteries are expected to attain the highest ratio at 568,700 million yen. Since the latter half of 2020s, the entire market is projected to be driven by the batteries using sulfide based solid electrolyte or solid polymer electrolyte, both of which expected for rapid growth. The next promising ones are organic rechargeable batteries, with practical application likely to be underway by R&D-oriented ventures.

Redox flow batteries are the promising solutions for large-scale stationary energy storage, used in combination with renewable energy sources. In other words, the development for being used in stationary energy storage is the key for the batteries to be well accepted. Because large-scale projects are in progress at overseas companies in recent years, the redox flow battery market is expected to achieve 325,300 million yen, based on the shipment values at makers.

Research Outline

1.Research Period: October 2018 to September 2019
2.Research Object: Companies, universities, and R&D labs studying next-generation batteries
3.Research Methogology: Face-to-face interviews by the expert researchers, surveys via telephone/email, and literature research

Global Market of Next-Generation Batteries

Next-Generation Batteries in this research refer to the following nine types of batteries: 1) Small, all-solid-state lithium-ion batteries/thin-type batteries, 2) high-capacitance all-solid-state lithium-ion batteries, 3) sodium-ion batteries, 4) redox flow batteries, 5) metal-air batteries, 6) organic secondary batteries, 7) polyvalent ion batteries, 8) lithium-sulfur batteries, and 9) new principle batteries. The names of each battery are specified by Yano Research Institute, after various names used in the industry taking into account. The global market size based on the shipment value has been calculated by converting 1US$ for 110 yen.

<Products and Services in the Market>

Small, all-solid-state lithium-ion batteries/thin-type batteries, high-capacitance all-solid-state lithium-ion batteries, sodium-ion batteries, redox flow batteries, metal-air batteries, organic secondary batteries, polyvalent ion batteries, lithium-sulfur batteries, and new principle batteries

Published Report

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