Global Sodium-ion Battery Market Growth 2025-2031
Description
The global Sodium-ion Battery market size is predicted to grow from US$ 714 million in 2025 to US$ 5317 million in 2031; it is expected to grow at a CAGR of 39.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Sodium-ion battery is an emerging product in the field of energy storage and power battery, which has been favored by the industry for its lower cost energy storage advantages and safer performance.
Sodium-ion batteries are a type of rechargeable battery that work in a similar way to lithium batteries, but carry the charge using sodium ions (Na+) instead of lithium ions (Li+). Sodium is a silvery, soft alkaline metal that is very abundant in nature - it can be found, for example, in sea salt or in the earth's crust. The operation of sodium-ion batteries is very similar to that of lithium-ion batteries, as the chemistry of the two elements is similar (both are alkaline).
Sodium batteries were first studied in the 1980s, but it was not until the 21st century that the true potential of sodium for energy storage was rediscovered.
The global key players of Sodium-ion battery include Natron Energy, Reliance Industries, Tiamat Energy and HiNa Battery Technology, etc. The global top five players had a share approximately 65% in terms of revenue.
At present, the global sodium-ion battery is in the investment and construction stage. The construction of the sodium-ion battery industry chain was just completed around 2022, and since then, both production capacity and output have increased significantly. In 2024, the global sodium-ion battery market growth rates will be 94.5%, and will continue to grow rapidly thereafter. However, most corporate investment and construction investment are currently concentrated in China, mainly due to government policy support and a mature lithium-ion battery industry chain. The principles of sodium-ion batteries and lithium-ion batteries are basically the same, and many sodium-ion battery companies are also manufacturers of lithium-ion batteries.
LP Information, Inc. (LPI) ' newest research report, the “Sodium-ion Battery Industry Forecast” looks at past sales and reviews total world Sodium-ion Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Sodium-ion Battery sales for 2025 through 2031. With Sodium-ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium-ion Battery industry.
This Insight Report provides a comprehensive analysis of the global Sodium-ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium-ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sodium-ion Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium-ion Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium-ion Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium-ion Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Layered Oxide
Prussian
Polyanionic Compound
Segmentation by Application:
Energy Storage System
Low-speed Vehicles
Automobile
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Natron Energy
Reliance Industries (Faradion)
Tiamat Energy
Altris
KPIT Technologies
EcoPro
Energy 11
CATL
HiNa Battery Technology
Jiangsu Zoolnasm
Li-FUN Technology
Ben'an Energy
Shanxi Huayang
Great Power
DFD
Farasis Energy
Transimage
Natrium
Veken
CEC Great Wall
CBAK Energy
Hunan Desay Battery
Jiangsu Pylon Battery
FinDreams Battery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium-ion Battery market?
What factors are driving Sodium-ion Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium-ion Battery market opportunities vary by end market size?
How does Sodium-ion Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Sodium-ion battery is an emerging product in the field of energy storage and power battery, which has been favored by the industry for its lower cost energy storage advantages and safer performance.
Sodium-ion batteries are a type of rechargeable battery that work in a similar way to lithium batteries, but carry the charge using sodium ions (Na+) instead of lithium ions (Li+). Sodium is a silvery, soft alkaline metal that is very abundant in nature - it can be found, for example, in sea salt or in the earth's crust. The operation of sodium-ion batteries is very similar to that of lithium-ion batteries, as the chemistry of the two elements is similar (both are alkaline).
Sodium batteries were first studied in the 1980s, but it was not until the 21st century that the true potential of sodium for energy storage was rediscovered.
The global key players of Sodium-ion battery include Natron Energy, Reliance Industries, Tiamat Energy and HiNa Battery Technology, etc. The global top five players had a share approximately 65% in terms of revenue.
At present, the global sodium-ion battery is in the investment and construction stage. The construction of the sodium-ion battery industry chain was just completed around 2022, and since then, both production capacity and output have increased significantly. In 2024, the global sodium-ion battery market growth rates will be 94.5%, and will continue to grow rapidly thereafter. However, most corporate investment and construction investment are currently concentrated in China, mainly due to government policy support and a mature lithium-ion battery industry chain. The principles of sodium-ion batteries and lithium-ion batteries are basically the same, and many sodium-ion battery companies are also manufacturers of lithium-ion batteries.
LP Information, Inc. (LPI) ' newest research report, the “Sodium-ion Battery Industry Forecast” looks at past sales and reviews total world Sodium-ion Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Sodium-ion Battery sales for 2025 through 2031. With Sodium-ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium-ion Battery industry.
This Insight Report provides a comprehensive analysis of the global Sodium-ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium-ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sodium-ion Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium-ion Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium-ion Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium-ion Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Layered Oxide
Prussian
Polyanionic Compound
Segmentation by Application:
Energy Storage System
Low-speed Vehicles
Automobile
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Natron Energy
Reliance Industries (Faradion)
Tiamat Energy
Altris
KPIT Technologies
EcoPro
Energy 11
CATL
HiNa Battery Technology
Jiangsu Zoolnasm
Li-FUN Technology
Ben'an Energy
Shanxi Huayang
Great Power
DFD
Farasis Energy
Transimage
Natrium
Veken
CEC Great Wall
CBAK Energy
Hunan Desay Battery
Jiangsu Pylon Battery
FinDreams Battery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium-ion Battery market?
What factors are driving Sodium-ion Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium-ion Battery market opportunities vary by end market size?
How does Sodium-ion Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
154 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Sodium-ion Battery by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Sodium-ion Battery by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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