Sodium-ion Battery Market by Battery Type (Sodium-Sulfur and Sodium-Salt), Technology Type (Aqueous and Non-aqueous), End-use (Energy Storage, Automotive, and Industrial), and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2030

The global sodium-ion battery market is projected to grow from USD 0.67 billion in 2025 to USD 2.01 billion by 2030, at a CAGR of 24.7% during the forecast period. The relatively improved safety characteristics in comparison to those of lithium-ion batteries is one of the key drivers that is boosting the growth of the sodium-ion battery market.

“Aqueous sodium-ion battery segment, by technology, is projected to account for the second-largest share of the market during the forecast period”

The aqueous sodium-ion battery segment is projected to secure the second-largest share during the forecast period. Despite a lower energy density than non-aqueous choices, the aqueous sodium-ion battery technology is expected to account for the second-largest share of the market. This is attributed to the strong set of benefits, including the low manufacturing cost and their safety because they rely on water-based electrolytes.

“Automotive application is projected to be the fastest-growing segment during the forecast period”

The automotive sector is rapidly adopting sodium-ion batteries as a sustainable energy storage solution, driven by the need for cleaner and more efficient transportation. These batteries offer several advantages, including high energy density, fast charging capabilities, and improved safety compared to traditional lithium-ion batteries. As the automotive industry strives to meet stringent emission regulations and consumer demand for electric vehicles (EVs) grows, the demand for sodium-ion batteries in this segment is expected to surge. Manufacturers are focusing on developing advanced materials and technologies to enhance the performance and cost-effectiveness of sodium-ion batteries.

Profile break-up of primary participants for the report:

• By Company Type: Tier 1 – 40%, Tier 2 – 20%, and Tier 3 – 40%
• By Designation: C-level– 20%, Director Level– 50%, and Others – 30%
• By Region: North America – 20%, Europe – 10%, Asia Pacific – 40%, Rest of the World -30 %

Faradion (UK), Contemporary Amperex Technology Co., Ltd. (China), TIAMAT Energy (France), HiNa Battery Technology Co., Ltd. (China), and Jiangsu Zoolnasm Energy Technology Co Ltd (China) are some of the major players operating in the sodium-ion battery market. These players have adopted strategies such as acquisitions, expansions, partnerships, and agreements in order to increase their market share and business revenue.

Research Coverage:

The report defines, segments, and projects the sodium-ion battery market based on sodium-ion battery type, technology type, end-use, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles sodium-ion battery manufacturers and comprehensively analyses their market shares and core competencies, as well as tracks and analyzes competitive developments, such as expansions, joint ventures, agreements, and acquisitions, undertaken by them in the market.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the sodium-ion battery market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the positions of their businesses and make suitable go-to-market strategies. It also enables stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (cost-effectiveness and improved safety characteristics in comparison to lithium-ion batteries), restraints (lower energy density and limited lifecycle in comparison to lithium-ion batteries), opportunities (strong supply chain due to the abundant availability of sodium and advancements in innovation and technology in the sodium-ion battery market), and challenges (availability of high-performance materials for sodium-ion batteries, and market competition and established infrastructure) influencing the growth of the sodium-ion battery market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the sodium ion battery market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the sodium ion battery market across varied regions.
• Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the sodium ion battery market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as Faradion (UK), Contemporary Amperex Technology Co., Ltd. (China), TIAMAT Energy (France), HiNa Battery Technology Co., Ltd. (China), Jiangsu Zoolnasm Energy Technology Co., Ltd. (China), NGK Insulators Ltd. (Japan), Li-FUN Technology Corporation Limited (China), Zhejiang Natrium Energy Co., Ltd. (China), Natron Energy, Inc. (US), Jiangsu Transimage Sodium-lon Battery Technology Co., Ltd. (China), and others in the sodium-ion battery market.

Tables List

Table 1 Sodium-ion Battery Market: Inclusions And Exclusions

Table 2 Sodium-ion Battery Market Snapshot: 2025 Vs. 2030

Table 3 Sodium-ion Battery Market: Porter's Five Forces Analysis

Table 4 Sodium-ion Battery Market: Role In Ecosystem

Table 5 North America: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 6 Europe: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 7 Asia Pacific: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 8 Sodium-ion Battery Market: Key Conferences And Events (2024–2025)

Table 9 Import Data Of Sodium (Usd Thousand)

Table 10 Export Data Of Sodium (Usd Thousand)

Table 11 Influence Of Stakeholders On Buying Process For

Top 3 End-use Industries (%)

Table 12 Key Buying Criteria For Top 3 End-use Industries

Table 13 Sodium-ion Battery Market, By Technology Type,

2023–2030 (Usd Million)

Table 14 Sodium-ion Battery Market, By End-use Industry,

2023–2030 (Usd Million)

Table 15 Energy Storage: Sodium-ion Battery Market, By Region,

2023–2030 (Usd Million)

Table 16 Automotive: Sodium-ion Battery Market, By Region,

2023–2030 (Usd Million)

Table 17 Industrial: Sodium-ion Battery Market, By Region,

2023–2030 (Usd Million)

Table 18 Other End-use Industries: Sodium-ion Battery Market, By Region,

2023–2030 (Usd Million)

Table 19 Sodium-ion Battery Market, By Region, 2023–2030 (Gwh)

Table 20 Sodium-ion Battery Market, By Region, 2023–2030 (Usd Million)

Table 21 Asia Pacific: Sodium-ion Battery Market, By Country,

2023–2030 (Usd Million)

Table 22 Asia Pacific: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 23 China: Sodium-ion Battery Market, By End Use, 2023–2030 (Usd Million)

Table 24 South Korea: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 25 Japan: Sodium-ion Battery Market, By End Use, 2023–2030 (Usd Million)

Table 26 Australia: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 27 Rest Of Asia Pacific: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 28 North America: Sodium-ion Battery Market, By Country,

2023–2030 (Usd Million)

Table 29 North America: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 30 Us: Sodium-ion Battery Market, By End Use, 2023–2030 (Usd Million)

Table 31 Europe: Sodium-ion Battery Market, By Country,

2023–2030 (Usd Million)

Table 32 Europe: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 33 Germany: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 34 France: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 35 Uk: Sodium-ion Battery Market, By End Use, 2023–2030 (Usd Million)

Table 36 Rest Of Europe: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 37 Rest Of World: Sodium-ion Battery Market, By End Use,

2023–2030 (Usd Million)

Table 38 Overview Of Strategies Adopted By Key Manufacturers

Table 39 Degree Of Competition: Sodium-ion Battery Market

Table 40 Sodium-ion Battery Market: Region Footprint (11 Companies)

Table 41 Sodium-ion Battery Market: Type Footprint (11 Companies)

Table 42 Sodium-ion Battery Market: End-use Industry Footprint (11 Companies)

Table 43 Sodium-ion Battery Market: Key Startups/Smes

Table 44 Sodium-ion Battery Market: Competitive Benchmarking Of

Key Startups/Smes

Table 45 Sodium-ion Battery Market: Product Launches, June 2019–march 2024

Table 46 Sodium-ion Battery Market: Deals, June 2019–march 2024

Table 47 Sodium-ion Battery Market: Expansions, June 2019–march 2024

Table 48 Faradion: Company Overview

Table 49 Faradion: Products/Solutions/Services Offered

Table 50 Faradion: Deals

Table 51 Faradion: Others

Table 52 Contemporary Amperex Technology Co., Ltd.(Catl): Company Overview

Table 53 Contemporary Amperex Technology Co., Ltd.(Catl): Products/Solutions/Services Offered

Table 54 Contemporary Amperex Technology Co., Ltd.(Catl): Product Launches

Table 55 Contemporary Amperex Technology Co., Ltd.(Catl): Deals

Table 56 Contemporary Amperex Technology Co., Ltd.(Catl): Expansions

Table 57 Tiamat Energy: Company Overview

Table 58 Tiamat Energy: Products/Solutions/Services Offered

Table 59 Tiamat Energy: Deals

Table 60 Tiamat Energy: Expansions

Table 61 Hina Battery Technology Co., Ltd.: Company Overview

Table 62 Hina Battery Technology Co., Ltd.:

Products/Solutions/Services Offered

Table 63 Hina Battery Technology Co., Ltd.: Product Launches

Table 64 Hina Battery Technology Co., Ltd.: Deals

Table 65 Jiangsu Zoolnasm Energy Technology Co., Ltd.: Company Overview

Table 66 Jiangsu Zoolnasm Energy Technology Co., Ltd.: Products/Solutions/Services Offered

Table 67 Jiangsu Zoolnasm Energy Technology Co., Ltd.: Expansions

Table 68 Altris Ab: Company Overview

Table 69 Altris Ab: Products/Solutions/Services Offered

Table 70 Altris Ab: Deals

Table 71 Natron Energy, Inc.: Company Overview

Table 72 Natron Energy Inc.: Products/Solutions/Services Offered

Table 73 Natron Energy Inc.: Product Launches

Table 74 Natron Energy Inc.: Deals

Table 75 Natron Energy Inc.: Expansions

Table 76 Ngk Insulators, Ltd.: Company Overview

Table 77 Ngk Insulators, Ltd.: Products/Solutions/Services Offered

Table 78 Ngk Insulators, Ltd.: Expansions

Table 79 Li-fun Technology Corporation Limited: Company Overview

Table 80 Li-fun Technology Corporation Limited:

Products/Solutions/Services Offered

Table 81 Li-fun Technology Corporation Limited: Deals

Table 82 Jiangsu Transimage Sodium-lon Battery Technology Co., Ltd.:

Company Overview

Table 83 Jiangsu Transimage Sodium-lon Battery Technology Co., Ltd.: Products/Solutions/Services Offered

Table 84 Jiangsu Transimage Sodium-lon Battery Technology Co., Ltd.: Deals

Table 85 Zhejiang Natrium Energy Co., Ltd.: Company Overview

Table 86 Zhejiang Natrium Energy Co., Ltd.:

Products/Solutions/Services Offered

Table 87 Zhejiang Natrium Energy Co., Ltd.: Deals

Table 88 Zhejiang Natrium Energy Co., Ltd.: Expansions

Table 89 Sodion Energy Pvt. Ltd.: Company Overview

Table 90 Sodion Energy Pvt. Ltd.: Product Launches

Table 91 Sodion Energy Pvt. Ltd.: Deals

Table 92 Indi Energy: Company Overview

Table 93 Northvolt Ab: Company Overview

Table 94 Northvolt Ab: Product Launches

Table 95 Zonergy Corporation.: Company Overview

Table 96 Byd Motors Inc.: Company Overview

Table 97 Byd Company Ltd.: Deals

Table 98 Farasis Energy Europe Gmbh: Company Overview

Table 99 Farasis Energy Europe Gmbh: Product Launches

Table 100 Farasis Energy (Ganzhou) Co., Ltd.: Company Overview

Table 101 Lithium-ion Battery, By Voltage, 2019–2022 (Usd Million)

Table 102 Lithium-ion Battery, By Voltage, 2023–2032 (Usd Million)

Figures List

Figure 1 Sodium-ion Battery Market: Market Segmentation & Regions Covered

Figure 2 Sodium-ion Battery Market: Research Design

Figure 3 Matrix Assessing Demand For Sodium-ion Batteries

Figure 4 Market Size Estimation Methodology: Bottom-up Approach

Figure 5 Market Size Estimation Methodology: Top-down Approach

Figure 6 Methodology For Supply-side Sizing Of Sodium-ion Battery Market (1/2)

Figure 7 Methodology For Supply-side Sizing Of Sodium-ion Battery Market (2/2)

Figure 8 Sodium-ion Battery Market: Data Triangulation

Figure 9 Energy Storage Segment To Dominate Market During Forecast Period

Figure 10 Non-aqueous Technology To Account For Larger Market Share

During Forecast Period

Figure 11 Asia Pacific Dominated Sodium-ion Battery Market In 2024

Figure 12 Sodium-ion Battery Market To Witness Significant Growth

Between 2025 And 2030

Figure 13 Asia Pacific To Account For Largest Market Share

During Forecast Period

Figure 14 Drivers, Restraints, Opportunities, And Challenges In

Sodium-ion Battery Market

Figure 15 Porter's Five Forces Analysis: Sodium-ion Battery Market

Figure 16 Sodium-ion Battery Market: Supply Chain Analysis

Figure 17 Sodium-ion Battery Market: Ecosystem

Figure 18 Average Selling Price Trend, By Region

Figure 19 Average Selling Price Of Sodium-ion Battery, By Technology

Figure 20 Influence Of Stakeholders On Buying Process For

Top 3 End-use Industries

Figure 21 Key Buying Criteria For Top 3 End-use Industries

Figure 22 Companies With Highest Patent Applications For Sodium-ion Batteries

Figure 23 Investment & Funding Of Startups/Smes For

Sodium-ion Battery Market

Figure 24 Non-aqueous Segment To Lead Sodium-ion Battery Market

During Forecast Period

Figure 25 Energy Storage Segment To Lead Market During Forecast Period

Figure 26 Europe To Be Grow At Highest Cagr During Forecast Period

Figure 27 Asia Pacific: Sodium-ion Battery Market Snapshot

Figure 28 North America: Sodium-ion Battery Market Snapshot

Figure 29 Europe: Sodium-ion Battery Market Snapshot

Figure 30 Revenue Analysis Of Key Companies In Last Five Years

Figure 31 Ranking Of Top Five Players In Sodium-ion Battery Market, 2024

Figure 32 Sodium-ion Battery Market Share Analysis

Figure 33 Brand/Product Comparison

Figure 34 Sodium-ion Battery Market: Company Evaluation Matrix

(Key Players), 2024

Figure 35 Sodium-ion Battery Market: Company Footprint (11 Companies)

Figure 36 Sodium-ion Battery Market: Company Evaluation Matrix (Startups/Smes), 2024

Figure 37 Company Valuation Of Key Players

Figure 38 Ev/Ebitda Of Key Players

Figure 39 Year-to-date (Ytd) Price Total Return And Five-year Stock Beta Of

Key Manufacturers

Figure 40 Contemporary Amperex Technology Co., Ltd.(Catl): Company Snapshot

Figure 41 Ngk Insulators, Ltd.: Company Snapshot