Techno-economic Analysis and Application Mapping of Emerging Battery Technologies

Techno-economic Analysis and Application Mapping of Emerging Battery Technologies

Automotive and Energy Storage Applications Represent Key Growth Opportunity

RELEASE DATE
31-Aug-2020
REGION
Global
Research Code: D9A6-01-00-00-00
SKU: EG02103-GL-TR_24705

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Description

Renewable energy sources have a major impact on the stability the power grid due to their randomness and intermittence in energy generating process. The widespread adoption of renewable energy and electric vehicles (EVs) requires the energy storage systems with enhanced energy and power densities, optimized efficiency, reduced cost, and possibility to eliminate use of a scarce natural resource. Increased energy capacities, faster recharge time, and enhanced safety, are the main needs of lithium-ion battery (LIB) technologies. The cutting-edge innovations in battery technology enable to face the present and future challenges of the energy storage sector with the development of high-performance, cost-efficient batteries. This research study titled “Techno-economic Analysis and Application Mapping of Emerging Battery Technology” focuses on the emerging innovations and the latest achievements in the technology landscape of battery storage.

The study presents a snapshot of emerging battery technologies, their advantages and limitations, possible application and impact on battery industry. The discussed battery technologies with different chemistries are optimized for different applications and market fit, and are aiming to reduce the cost of energy storage. Special attention is given to the challenges, such as high cost, raw materials supply shortage, and safety issues. Additionally, it presents the performance analysis and comparison of different battery technologies, and their application mapping.

The growth opportunities of Battery Storage:

•     High-energy density battery is being a key disruptor. The main research efforts are aimed at the development of new chemistry batteries with extended energy density. Higher energy density of the battery and optimal energy management will increase the overall electric vehicle performance, as well as the vehicle driving range.
•      Renewable energy implementation contributes to the growth of battery storage. Battery storage solutions will constitute a fundamental part of the future energy grid.
•     The main factor that drives adoption of current Li-ion technology is the decline in battery price. Novel battery chemistries are aiming to further reduce the cost of battery, and create new opportunities for energy and automotive sectors.

The findings and growth opportunity depicted in this study will help to drive the economic growth and technology revolution of the battery industry.
The study deeply illustrates the following:
•     Emerging Battery Technology – overview and current technology trends
•     Factors driving adoption and development of battery storage
•     Key properties, drawbacks, research and development (R&D) activities
•     Snapshot of emerging battery storage technologies, applications, and future prospects
•     Technology benchmarking for smart decisions

Table of Contents

1.1 Research Focus – Emerging Battery Technology

1.2 Research Scope – Foreseeing Challenges and Solutions

1.3 Analysis Framework – Frost & Sullivan’s Core Value

1.4 Research Methodology

2.1 Emerging Battery Technologies – Key Technology Trends

2.2 Emerging Battery Technology – Facts and Opportunities

2.3 Emerging Battery Technology – Drawbacks and Challenges

3.1 Existing Commercial or Near Commercial Battery Technologies – Overview

3.2 Lithium Nickel Manganese Cobalt Oxide Battery – Technology Snapshot

3.3 Solid-state Lithium Metal Battery – Technology Snapshot

3.4 Lithium Iron Phosphate Battery – Technology Snapshot

3.5 Lithium Manganese Oxide Battery – Technology Snapshot

3.6 Lithium Titanate Oxide Battery – Technology Snapshot

3.7 Lithium-sulfur Battery – Technology Snapshot

3.8 Sodium-ion Battery – Technology Snapshot

3.9 Nickel-zinc Battery – Technology Snapshot

3.10 Zinc-air Battery – Technology Snapshot

3.11 Vanadium Redox Flow Battery – Technology Snapshot

4.1 Patent Activity for Emerging Battery Technology Based on Geography

4.2 Patent Activity for Emerging Battery Technology Rangesby Chemistry Type

4.3 Competitive Landscape in Patent Activity for Emerging Battery Technology

4.4 Battery Innovation and R&D Funding

5.1 Battery Performance Indicators

5.2 Performance Comparison of Emerging Battery Technology Ranges by Chemistry Type

5.3 Decision Matrix for Emerging Battery Technologies

5.4 Emerging Battery Technology Comparison

6.1 Unmet Requirements for Specific Battery Application

6.2 Battery Application Mapping for Vehicles and Electronic Devices

6.3 Battery Application Mapping for Energy Storage System and Power Grid

6.4 Key Stakeholders of Emerging Battery Technology

7.1 Growth Opportunity 1: Disruptive Battery Technologies Contributing to the Growth of Electric Vehicles

7.2 Growth Opportunity 1: Determination and Evaluation

7.3 Growth Opportunity 2: Renewable Energy Implementation Contributing to the Growth of Battery Storage

7.4 Growth Opportunity 2: Determination and Evaluation

8.1 Key Findings and Future Outlook

8.2 Priority Areas in Battery Cost Reduction

8.3 Strategic Imperatives for Success and Growth

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Related Research
Renewable energy sources have a major impact on the stability the power grid due to their randomness and intermittence in energy generating process. The widespread adoption of renewable energy and electric vehicles (EVs) requires the energy storage systems with enhanced energy and power densities, optimized efficiency, reduced cost, and possibility to eliminate use of a scarce natural resource. Increased energy capacities, faster recharge time, and enhanced safety, are the main needs of lithium-ion battery (LIB) technologies. The cutting-edge innovations in battery technology enable to face the present and future challenges of the energy storage sector with the development of high-performance, cost-efficient batteries. This research study titled “Techno-economic Analysis and Application Mapping of Emerging Battery Technology” focuses on the emerging innovations and the latest achievements in the technology landscape of battery storage. The study presents a snapshot of emerging battery technologies, their advantages and limitations, possible application and impact on battery industry. The discussed battery technologies with different chemistries are optimized for different applications and market fit, and are aiming to reduce the cost of energy storage. Special attention is given to the challenges, such as high cost, raw materials supply shortage, and safety issues. Additionally, it presents the performance analysis and comparison of different battery technologies, and their application mapping. The growth opportunities of Battery Storage: • High-energy density battery is being a key disruptor. The main research efforts are aimed at the development of new chemistry batteries with extended energy density. Higher energy density of the battery and optimal energy management will increase the overall electric vehicle performance, as well as the vehicle driving range. • Renewable energy implementation contributes to the growth of battery storage. Battery storage solutions will constitute a fundamental part of the future energy grid. • The main factor that drives adoption of current Li-ion technology is the decline in battery price. Novel battery chemistries are aiming to further reduce the cost of battery, and create new opportunities for energy and automotive sectors. The findings and growth opportunity depicted in this study will help to drive the economic growth and technology revolution of the battery industry. The study deeply illustrates the following: • Emerging Battery Technology – overview and current technology trends • Factors driving adoption and development of battery storage • Key properties, drawbacks, research and development (R&D) activities • Snapshot of emerging battery storage technologies, applications, and future prospects • Technology benchmarking for smart decisions
More Information
No Index No
Podcast No
Author Nadzeya Viktarovich
Industries Energy
WIP Number D9A6-01-00-00-00
Is Prebook No