Sodium-ion Battery Market worth $2.01 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 12, 2025 /PRNewswire/ -- The report "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", 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.
Browse in-depth TOC on "Sodium-Ion Battery Market"
100 – Tables
41 – Figures
145 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=207269067
The market is expected to grow, fueled by their affordability compared to lithium-ion batteries. This makes them perfect for large-scale energy storage, especially with renewables like wind and solar needing solutions for fluctuating power. Their reliance on common sodium positions them as a more sustainable option, pushing the market forward due to the global focus on reducing our environmental impact.
The automotive sodium-ion battery market, by end-use, is expected to be the fastest growing market during the forecast period
Despite the energy storage sector driving the overall sodium-ion battery market, the automotive industry currently takes the lead in using these batteries. This dominance is attributed to their significant cost advantage compared to lithium-ion batteries in electric vehicles and their sufficient energy density for many everyday EV applications. This affordability opens doors to more budget-friendly EVs, potentially expanding the market and boosting overall demand for batteries. High demand is expected for the sodium-ion battery for the automotive sector during the forecast period.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=207269067
The non-aqueous technologysegment is projected to lead the global sodium-ion battery market during the forecast period
The non-aqueous technology is expected to be one of the major segments of the sodium-ion battery market. Factors driving this technology are organic solvents in these electrolytes which allow for higher voltages and thus greater energy density, perfect for electric vehicles needing extended range. They eliminate safety risks associated with water-based electrolytes and sodium metal and offer superior performance stability across varying temperatures, making them more reliable for demanding applications. While aqueous options are being explored due to their environmental benefits, these factors currently secure non-aqueous electrolytes, which supports the growth of the sodium-ion battery market.
Asia Pacific is projected to be the largest sodium-ion battery market
Asia Pacific is the largest consumer of sodium-ion batteries, in terms of value. The market in the region is driven by a combination of factors, such as economic powerhouses like China and India, which are experiencing rapid growth, boosting the demand for electricity. The adoption of renewable energy is also on the rise, requiring efficient storage solutions that sodium-ion batteries can provide. Government backing in research and production further fuels the region's leadership, while a growing population with disposable income fuels the electric vehicle market, another key application for these batteries that is expected to boost the market.
Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=207269067
Some of the leading players in this market include 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 Altris AB (Sweden), among others.
Get access to the latest updates on Sodium-ion Battery Companies and Sodium-ion Battery Market Size
Browse Adjacent Market: Equipment Machine and Tooling MarketResearch Reports & Consulting
Related Reports:
Industrial Lubricants Companies
Reverse Osmosis (RO) Membrane Companies
Semiconductor Chemical Companies
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/sodium-ion-battery-market-worth-2-01-billion-by-2030--exclusive-report-by-marketsandmarkets-302452221.html