Sodium-Ion Battery Market Growth Poised for Rapid Growth, Projected to Hit $1.84 Billion by 2030
Global Sodium-Ion Battery Market Projected to Reach $1.84 Billion by 2030, Driven by Electric Vehicle Demand and Renewable Energy Integration The Global Sodium-Ion Battery Market Growth is poised for substantial growth, with projections indicating an increase from $0.48 billion in 2023 to approximately $1.84 billion by 2030, reflecting a compound annual growth rate (CAGR) of 21.2% during the forecast period. Get Your Free Sample Here: https://www.maximizemarketresearch.com/request-sample/147535/ Market Definition and Overview Sodium-ion batteries are emerging as a promising alternative in the energy storage landscape, leveraging the abundant availability and accessibility of sodium. These batteries operate by storing energy in chemical bonds at the anode; during charging, sodium ions de-intercalate from the cathode and migrate to the anode. While they may not match the compactness of lithium-ion batteries, sodium-ion batteries offer advantages such as cos...