Germany Sodium Sulfur Battery Market Size & Outlook
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Germany sodium sulfur battery market highlights
- The Germany sodium sulfur battery market generated a revenue of USD 1.9 million in 2019 and is expected to reach USD 12.0 million by 2027.
- The Germany market is expected to grow at a CAGR of 26.1% from 2020 to 2027.
- In terms of segment, industrial was the largest revenue generating product in 2019.
- Industrial is the most lucrative product segment registering the fastest growth during the forecast period.
Sodium sulfur battery market data book summary
| Market revenue in 2019 | USD 1.9 million |
| Market revenue in 2027 | USD 12.0 million |
| Growth rate | 26.1% (CAGR from 2019 to 2027) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Private Portable, Industrial |
| Key market players worldwide | NGK Insulators Ltd, Basf SE, Tokyo Electron Ltd, GE Aerospace, Hitachi Ltd, POSCO Holdings Inc ADR, Yageo Corp ADR, Sieyuan Electric |
Other key industry trends
- In terms of revenue, Germany accounted for 3.1% of the global sodium sulfur battery market in 2019.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2027.
- In Europe, UK sodium sulfur battery market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 12.0 million by 2027.
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Sodium Sulfur Battery Market Scope
Sodium Sulfur Battery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sieyuan Electric | View profile | 5001-10000 | Minhang, Shanghai, China, Asia | http://en.sieyuan.com/ |
| Yageo Corp ADR | View profile | 9415 | No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, Taiwan, 23145 | https://www.yageo.com |
| Tokyo Electron Ltd | View profile | 17204 | Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, Japan, 107-6325 | http://www.tel.co.jp |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| NGK Insulators Ltd | View profile | 22714 | 2-56 Suda-cho, Mizuho, Nagoya, Japan, 467-8530 | http://www.ngk.co.jp |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Germany sodium sulfur battery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sodium sulfur battery market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 78.95% in 2019. Horizon Databook has segmented the Germany sodium sulfur battery market based on private portable, industrial covering the revenue growth of each sub-segment from 2016 to 2027.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany sodium sulfur battery market , including forecasts for subscribers. This country databook contains high-level insights into Germany sodium sulfur battery market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Germany sodium sulfur batteries market size, by product, 2016-2027 (US$M)
Germany Sodium Sulfur Battery Market Outlook Share, 2019 & 2027 (US$M)
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