Global Quantum Batteries Market - Forecasts from 2018 to 2023
The global quantum batteries market is projected to expand at a CAGR of 24.78% over the forecast period of 2017 - 2023. Scientists are very close to developing world’s fastest charging battery known as the quantum battery which utilizes the unique property of quantum mechanics. A new research in the University of Adelaide is aiming towards the development of world’s first quantum battery under the supervision of Dr. James Quach. Dr. Quach, a quantum physicist says that unlike ordinary batteries the quantum batteries would charge much faster using the property of “Entanglement” and it is because of this property only the charging process of the battery speeds up.
There are only a few market players currently dealing with the manufacturing and sales of quantum batteries. Many of them are in the research phase where big companies like Volkswagen have already successfully modeled key molecules such as lithium-hydrogen and carbon chains on quantum computers. By using the newly developed algorithms the Volkswagen experts laid the foundation for the simulation and optimization of the chemical structure of the high-performance electric vehicle (EV) batteries on a quantum computer. Highly specialized Data Scientists, computer linguistics and software engineers are all working hard at San Francisco and Munich’s IT labs in developing the potential of quantum computers applications beneficial for the company. The company is working in collaboration with tech partners Google and D-Wave providing Volkswagen experts access to their systems.
Growing electronics industry will boost the growth of the global quantum batteries market in the forecast period. Also, the adoption of quantum computing is further propelling the market growth. The United States from the North American region is expected to show a significant market share while China from the Asia Pacific region is racing towards the development of quantum computers.
Major industry players profiled as part of the report are QuantumScape Corporation, Quantum Instruments, Google and Volkswagen AG among others.
Segmentation
The global quantum batteries market has been analyzed through following segments:
By Industry Vertical
Electronics
Automotive
Renewable Energy
Others
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
Israel
UAE
Others
Asia Pacific
China
India
Japan
Australia
South Korea
Others
There are only a few market players currently dealing with the manufacturing and sales of quantum batteries. Many of them are in the research phase where big companies like Volkswagen have already successfully modeled key molecules such as lithium-hydrogen and carbon chains on quantum computers. By using the newly developed algorithms the Volkswagen experts laid the foundation for the simulation and optimization of the chemical structure of the high-performance electric vehicle (EV) batteries on a quantum computer. Highly specialized Data Scientists, computer linguistics and software engineers are all working hard at San Francisco and Munich’s IT labs in developing the potential of quantum computers applications beneficial for the company. The company is working in collaboration with tech partners Google and D-Wave providing Volkswagen experts access to their systems.
Growing electronics industry will boost the growth of the global quantum batteries market in the forecast period. Also, the adoption of quantum computing is further propelling the market growth. The United States from the North American region is expected to show a significant market share while China from the Asia Pacific region is racing towards the development of quantum computers.
Major industry players profiled as part of the report are QuantumScape Corporation, Quantum Instruments, Google and Volkswagen AG among others.
Segmentation
The global quantum batteries market has been analyzed through following segments:
By Industry Vertical
Electronics
Automotive
Renewable Energy
Others
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
Israel
UAE
Others
Asia Pacific
China
India
Japan
Australia
South Korea
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL QUANTUM BATTERIES MARKET BY INDUSTRY VERTICAL
5.1. Electronics
5.2. Automotive
5.3. Renewable Energy
5.4. Others
6. GLOBAL QUANTUM BATTERIES MARKET BY GEOGRAPHY
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Mexico
6.1.4. Others
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. Italy
6.3.4. United Kingdom
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Israel
6.4.2. Saudi Arabia
6.4.3. UAE
6.4.4. Others
6.5. Asia Pacific
6.5.1. Japan
6.5.2. China
6.5.3. India
6.5.4. Australia
6.5.5. South Korea
6.5.6. Others
7. COMPETITIVE INTELLIGENCE
7.1. Market Share Analysis
7.2. Recent Deals and Investment
7.3. Strategies of Key Players
8. COMPANY PROFILES
8.1. QuantumScape Corporation
8.1.1. Company Overview
8.1.2. Financials
8.1.3. Products and Services
8.1.4. Recent Developments
8.2. Volkswagen AG
8.2.1. Company Overview
8.2.2. Financials
8.2.3. Products and Services
8.2.4. Recent Developments
8.3. Duracell, Inc.
8.3.1. Company Overview
8.3.2. Financials
8.3.3. Products and Services
8.3.4. Recent Developments
8.4. Quantum Instruments
8.4.1. Company Overview
8.4.2. Financials
8.4.3. Products and Services
8.4.4. Recent Developments
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL QUANTUM BATTERIES MARKET BY INDUSTRY VERTICAL
5.1. Electronics
5.2. Automotive
5.3. Renewable Energy
5.4. Others
6. GLOBAL QUANTUM BATTERIES MARKET BY GEOGRAPHY
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Mexico
6.1.4. Others
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. Italy
6.3.4. United Kingdom
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Israel
6.4.2. Saudi Arabia
6.4.3. UAE
6.4.4. Others
6.5. Asia Pacific
6.5.1. Japan
6.5.2. China
6.5.3. India
6.5.4. Australia
6.5.5. South Korea
6.5.6. Others
7. COMPETITIVE INTELLIGENCE
7.1. Market Share Analysis
7.2. Recent Deals and Investment
7.3. Strategies of Key Players
8. COMPANY PROFILES
8.1. QuantumScape Corporation
8.1.1. Company Overview
8.1.2. Financials
8.1.3. Products and Services
8.1.4. Recent Developments
8.2. Volkswagen AG
8.2.1. Company Overview
8.2.2. Financials
8.2.3. Products and Services
8.2.4. Recent Developments
8.3. Duracell, Inc.
8.3.1. Company Overview
8.3.2. Financials
8.3.3. Products and Services
8.3.4. Recent Developments
8.4. Quantum Instruments
8.4.1. Company Overview
8.4.2. Financials
8.4.3. Products and Services
8.4.4. Recent Developments
