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Nanowire Batteries Market Size Trends Development Factors Growth Prospects Forecast By 2025

Press Release

Nanowires can be defined as structures having a diameter of ten nanometers or less. The surface of one or both of the electrodes of a normal battery is increased by the use of nanotubes; the battery is then called a nanowire battery. The conventional battery graphite anodes are replaced by a combination of lithium ion batteries. The design includes stainless steel anodes covered with silicon nanowire.

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Germanium anodes can also be used to replace graphite anodes. Both designs enable faster loading and high current delivery. A disadvantage of using both of these materials is the expansion that occurs during charging and disintegration after a limited number of cycles. The conductivity of electrons in an atom is influenced by unbound electrons, causing electricity to be poorly executed compared to the bulk material; this is known as the rand effect. The atoms that are not completely bound to their neighboring atoms and lie on the surface of the nanowire lead to the edge effect.

Nanowire conduction is strongly influenced by the edge effect. Amprius, a company that explored the potential of this new technology, launched long-lasting lithium-ion batteries for laptops and electric vehicles. The working ability of laptops will increase on a single charge up to 20 hours. These batteries are especially useful for engineers working in fields and businessmen. The third generation product by Amprius will be a great success in terms of power consumption.

Lithium is stored in small silicon nanowires which have a diameter 0.001 times smaller than the diameter of a sheet of paper. Nanowires have the ability to expand to four times their original size when charging and do not fracture. Nanowire batteries produce as much as 10 times more electricity than the current batteries.
As nanowire batteries are an emerging trend gaining traction in the electronics media, several researchers and universities are working towards making this technology more accessible to the public. Amprius is launching its products with the help of Stanford University to meet the changing needs of the customers.

Key Benefits:

  • An in depth analysis of the current market scenario includes future market trends that would facilitate decision-making
  • Identification of key application segments based on their potential and growth prospects would highlight profitable segments to capitalize on
  • Emphasis is laid on key factors affecting the growth of nanowire batteries. These factors are critically analyzed to gain a futuristic view of the market
  • SWOT and competitive analysis of the key players is conducted to help the stakeholders in understanding the strategies followed by them
  • Quantitative analysis of the current market and estimations through 2014-2020 would help stakeholders to design business strategies in order to capitalize on prevailing opportunities  in the market

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