Germany Sodium Sulfur Battery Market Size & Outlook

The sodium sulfur battery market in Germany is expected to reach a projected revenue of US$ 12.0 million by 2027. A compound annual growth rate of 26.1% is expected of Germany sodium sulfur battery market from 2020 to 2027.
Revenue, 2019 (US$M)
$1.9
Forecast, 2027 (US$M)
$12.0
CAGR, 2020 - 2027
25.9%
Report Coverage
Germany

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 2019USD 1.9 million
Market revenue in 2027USD 12.0 million
Growth rate26.1% (CAGR from 2019 to 2027)
Largest segmentIndustrial
Fastest growing segmentIndustrial
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPrivate Portable, Industrial
Key market players worldwideNGK 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 Companies

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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)

Germany sodium sulfur batteries market size, by product, 2016-2027 (US$M)

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