The Sodium-Ion Battery Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Sodium-Ion Battery Market?
The sodium-ion battery market has experienced significant expansion recently. The market value was $0.8 billion in 2024 and it's expected to increase to $0.95 billion in 2025. This growth corresponds to a compound annual growth rate (CAGR) of 18.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Sodium-Ion Battery Industry?
The Sodium-Ion Battery Global Market is anticipated to grow to a worth of $1.73 billion by 2029. This growth is expected to be at a compound annual growth rate (CAGR) of 16.2%.
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What are the Key Growth Drivers Fueling the Sodium-Ion Battery Market?
The key drivers in the sodium-ion battery market are:
• Scale-up of production facilities for sodium-ion batteries
• Expansion into the electric vehicles (EVs) market
• Integration of sodium-ion batteries with renewable energy systems
• Increasing demand for sustainable energy storage solutions
Global Market Segmentation: Identifying Major Sodium-Ion Battery Industry Segments
The sodium-ion battery market covered in this report is segmented –
1) By Type: Sodium-Sulfur Batteries, Sodium-Salt Batteries (Zebra Batteries), Sodium-oxygen (Sodium Air) Batteries
2) By Technology: Aqueous, Non-aqueous
3) By Application: Energy Storage And Grid Integration, Electric Vehicles (EVs), Residential Energy Storage, Emergency Backup And UPS, Other Applications
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What are the Emerging Trends Shaping the Future of the Sodium-Ion Battery Market?
The key trends in the sodium-ion battery market are:
• There is a trend towards scaling-up of production facilities.
• The market is being shaped by integration with renewable energy systems.
• Technological advancements and innovations in electrode materials are key trends.
• Increasing demand for energy storage solutions is a significant emerging trend.
Who Are the Top Competitors & Leading Players in the Sodium-Ion Battery Market?
Major companies in the sodium-ion battery market are:
• Mitsubishi Corporation
• Toyota Tsusho Corporation
• Panasonic Corporation
• Contemporary Amperex Technology Co. Limited
• Blackstone Technology GmbH
• Jiangsu Zhongna Energy Technology Co., Ltd.
• NGK Insulators Ltd
• Kishida Chemical
• Ionic Materials
• Natron Energy Inc.
• AMTE Power plc
• Aquion Energy
• Phostech Lithium
• Altris AB
• BLUETTI Power Inc.
• HiNa Battery Technology Co. Ltd
• Li-FUN Technology Corporation Limited
• NEI Corporation
• Tiamat Energy
• Indigenous Energy Storage Technologies Pvt. Ltd.
• Moixa Energy Holdings Ltd.
• Natrium Energy
• Ronbay Technology
• Zoolnasm Energy
Regional Dominance: Which Area Leads the Global Sodium-Ion Battery Market?
Europe was the largest region in the sodium-ion battery market in 20243
