Next Generation Liquid Metal Battery Market (11.2% CAGR): Global Size & Growth Analysis

SAN JOSE, Calif. - April 23, 2021 - PRLog -- Three liquid layers serve as electroactive components in the liquid metal battery. The development of a liquid metal battery is a novel approach to solving grid-scale electricity storage problems. With the capacities of liquid metal batteries, the integration of renewable energy into the power grid can be increased.

Increased number of Data Center Infrastructure

Data centers have a high demand for battery capacity. Power outages and discrepancies in data centers may be critical. As a result, next generation liquid metal batteries are mostly used to meet the backup power requirements of this industry. In addition, the majority of UPS systems in use in the industry are next generation liquid metal battery systems. As a result, this industry uses a large amount of this type of battery.

The construction of data centers is expected to be in high demand in the near future. With the increasing generation of data, data handling capacity is expected to expand in the coming years. Since data centers depend on next generation liquid metal batteries, demand is expected to rise.

Read more with COVID19 impact analysis: https://www.credenceresearch.com/report/next-generation-liquid-metal-battery-market

Global Next Generation Liquid Metal Battery Market by Type

Mg-Sb Battery, Pb-Sb Battery and Na-S Battery are some of the major types of Next Generation Liquid Metal Battery. Mg-Sb segment accounted for the largest share in 2020 of the Next Generation Liquid Metal Battery market in 2020.

Most prominent players in the global Next Generation Liquid Metal Battery market Ambri Inc., Alliance Magnesium Inc. (Canada), Pellion Technologies Inc., Chaowei Power (China), Aquion Energy, Inc., Panasonic (Japan), NorthStar (Sweden), NIPPON KINZOKU CO., LTD. (Japan), Latrobe Magnesium (Australia), Hitachi Chemical (Japan), Narada Power (China), HBL Power Systems (India), Exide Technologies (US), Teledyne Technologies (US), East Penn (US), Crown Battery (US), and EnerVault. All prominent players are covered here and their detailed profiles are presented.

Read more with COVID19 impact analysis: https://www.credenceresearch.com/report/next-generation-liquid-metal-battery-market