Driven by faster development of commercial applications, the market for carbon nanotubes (CNT) will grow to $560 million in 2025, while graphene will lag at $305 million, on account of slower adoption in energy storage, according to Lux Research. The success of CNTs comes mainly from the use of multiwalled nanotubes (MWNTs) as a superior replacement…
According to a recently published TechSci Research report “Global Lithium ion Battery Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011 – 2021”, the global lithium-ion battery market is projected to grow at a CAGR of more than 17% during 2016 – 2021, on account of surging demand for portable and stationary energy storage, increasing environmental…
Toronto, Ontario – Electrovaya Inc. (TSX: EFL) and its wholly owned subsidiary, Litarion GmbH, is pleased to introduce a unique 40Ah lithium ion cell (“Litacell LC-40”) to OEMs and battery pack integrators worldwide. The Litacell-LC40 features an unparalleled combination of safety, cycle life and cost. For the first time, OEMs and battery pack integrators can now purchase…
Boston, Mass. – Energy storage players are eyeing emerging opportunities in bioelectronics as wearable, implantable and other medical devices create energy demands and design requirements beyond conventional batteries, according to Lux Research. Existing battery solutions barely satisfy the demands for increased functionality and power in existing medical devices and may have slowed the shift toward personalized…
Sidney, N.Y. – Amphenol Industrial Products Group releases SurLok Plus, a high current cabling system designed for energy storage in commercial and residential battery storage systems as well as electric and hybrid electric vehicles. SurLok Plus, used by inverter and power supply manufacturers, is optimized for battery pack connections from 50 A to 400 A using a touch-safe…
Boston, Mass. – Energy storage, driven largely by electronics and plug-in vehicles, will grow at a compound annual growth rate of 8% to $50 billion in 2020, with dramatic shifts coming from the transportation industry, according to Lux Research. Transportation applications will outpace electronics growth – attaining an 11% CAGR to become a $21 billion market…
Imergy Power Systems has entered into a design services agreement with Flextronics to design modular flow batteries.