Battery Technologies and Semis, a 92 Billion Growing Market

Arthur Hanson · Jul 20, 2020

Battery technologies are becoming the great race due to the rapidly increasing use in just about everything, making a market of ever increasing importance, attracting ever more investment and technologies. With a CAGR of over 12%, it is one of the fastest growing mega markets out there and will be a key battleground for IP in everything from materials to advanced construction. There is still large room for improvement in this area with many specialized solutions spread over an ever increasing number of applications. Currently at 92 billion and growing fast, this is actually one of the largest markets in the electronics field and attracting staggering sums for everything from R&D to production. This is a tremendous market and much IP from the semiconductor sector applies directly to many phases of battery and energy storage. This is far to important for any company doing any R&D that could possibly be used in energy storage to ignore. It's possible one or even some of the semi technology companies find some key technologies and make them become a major player in this market. If this happens, the numbers are so staggering for the company that it could be a game changer for the semi industry. Any thoughts or comments appreciated.

The market for the battery is expected to grow approximately at a CAGR of 12.31% during the forecast period of 2019

Market Overview The market for the battery is expected to grow approximately at a CAGR of 12. 31% during the forecast period of 2019 – 2024. ...

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Global Battery Technology Market Size is Estimated to Grow from USD 92.0 Billion in 2020 to USD 152.3 Billion by 2025, at a CAGR of 10.6% - ResearchAndMarkets.com

The "Battery Technology Market by Technology Type (Lithium-Ion Battery, Lead Acid Battery, Nickel Metal Hydride Battery, Other Battery Technologies), Applica...

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Arthur Hanson · Jul 22, 2020

In the last few days a new battery technology has been developed that just demonstrates battery technology is now advancing at the same rate the rest of semi sector is also advancing technologies. I have no doubt much of the R&D processes are similar and even related in many ways. It will be interesting to see if suppliers to the semi industry service the battery industry the same way they service the semi industry. One possible example might be AMAT.

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