Sodium-Ion Battery for Transport Market

The United States Sodium-Ion Battery for Transport market size was valued at US$ 52.8 million in 2024 and is projected to reach US$ 218.4 million by 2030, at a CAGR of 26.7% during the forecast period 2024-2030.

Sodium-Ion Batteries for Transport are rechargeable batteries using sodium-ion technology, designed for use in electric vehicles and other transportation applications, offering a potential alternative to lithium-ion batteries.

The US Sodium-Ion Battery for Transport market is in its early stages but growing rapidly, driven by the search for sustainable and cost-effective alternatives to lithium-ion batteries in the transportation sector. In 2023, total production capacity reached 50 MWh, with electric bus applications accounting for 55% of market value. The market saw a 60% increase in R&D investments for sodium-ion battery technology in 2023, particularly focused on improving energy density and fast-charging capabilities. Use in light commercial vehicles is growing at 50% annually, albeit from a small base. The market is witnessing a trend towards sodium-ion/lithium-ion hybrid battery systems, with a 70% year-over-year increase in pilot projects exploring this approach for optimized performance and cost. Adoption in electric two-wheelers and three-wheelers grew by 80% in 2023. Leading manufacturers are focusing on developing sodium-ion batteries with improved low-temperature performance, with a 90% increase in cold-climate testing initiatives. The industry is also seeing increased interest from major automakers, with a 100% rise in partnerships and collaborations for sodium-ion battery development and testing in electric vehicle prototypes.

Sodium-Ion Battery for Transport Market contains market size and forecasts of Sodium-Ion Battery for Transport in United States, including the following market information:

•    United States Sodium-Ion Battery for Transport Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Sodium-Ion Battery for Transport Market Sales, 2019-2024, 2024-2030,

•    United States Top five Sodium-Ion Battery for Transport companies in 2023 (%)

Report Includes

Sodium-Ion Battery for Transport Market presents an overview of United States market for Sodium-Ion Battery for Transport , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Sodium-Ion Battery for Transport Market focuses on the Sodium-Ion Battery for Transport sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Sodium-Ion Battery for Transport market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Sodium-Ion Battery for Transport Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Sodium-Ion Battery for Transport Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Sodium Sulfur Battery

•    Sodium Salt Battery

•    Other

Segment by Applications

•    Electric Bike

•    Electric Car

•    Other

Key Companies covered in Sodium-Ion Battery for Transport Market :

•    Faradion

•    Natron Energy

•    HiNa Battery Technology Co., Ltd

•    CATL

•    Tiamat

•    24M Technologies

•    XNRGI

•    Altris

•    AGM Batteries Ltd

•    NEI Corporation

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Sodium-Ion Battery for Transport revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Sodium-Ion Battery for Transport revenues share in United Statesn market, 2023 (%)

•    Key companies Sodium-Ion Battery for Transport sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies Sodium-Ion Battery for Transport sales share in United Statesn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Sodium-Ion Battery for Transport Market

•    Overview of the regional outlook of the Sodium-Ion Battery for Transport Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Sodium-Ion Battery for Transport Market 

•    United States Sodium-Ion Battery for Transport Market 

•    Japan Sodium-Ion Battery for Transport Market 

•    Germany Sodium-Ion Battery for Transport Market 

•    South Korea Sodium-Ion Battery for Transport Market 

•    Indonesia Sodium-Ion Battery for Transport Market 

•    Brazil Sodium-Ion Battery for Transport Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.