Sodium Sulfur Battery Market 2022: Industry Size, Share, Growth and Forecast 2027

According to the latest report by IMARC Group, titled, “Sodium Sulfur Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global sodium sulfur battery market is expected to exhibit a CAGR of 14.4% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Sodium Sulfur (NaS) battery is a high-temperature battery produced from liquid sodium and molten sulfur. These batteries consist of various subsystems, including interconnected cells, modules, control system, power conversion system (PCS), thermal management system, and an enclosure to maintain the temperature. NaS batteries offer high charge and discharge efficiency, high energy density, and a longlife-cycle on account of which they are used for stationary energy storage, such as transmission and distribution (T&D) networks and load leveling.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/sodium-sulfur-battery-market/requestsample

Market Trends:

The increasing demand for cost-effective solutions to store large amounts of energy for large-scale deployments is one of the key factors fueling the globalNaS battery market. Additionally, these batteries supply emergency power by supporting the integration of renewable energy sources, such as wind and solar, which is expanding their application in the industrial sector. Moreover, with rising environmental concerns, NaS batteries are increasingly being utilized for reducing the ecological load of grid-scale stationary energy storage, which is creating a positive outlook for the market.

Competitive Landscape:

• BASF SE
• EaglePicher Technologies
• FIAMM Energy Technology S.p.A. (SHOWA DENKO K.K.)
• GE Energy Storage
• Kemet Corporation (Yageo Corporation)
• NGK Insulators Ltd.
• POSCO
• Sieyuan Electric Co. Ltd.
• Tokyo Electric Power Company Holdings Inc.

For more information about this report visit: https://www.imarcgroup.com/sodium-sulfur-battery-market

The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.

Breakup by Product:

• Private Portable
• Industrial

Breakup by Application:

• Ancillary Services
• Load Leveling
• Renewable Energy Stabilization
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: [email protected]

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA 

Website: https://www.imarcgroup.com/

Follow us on Twitter: @imarcglobal