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Silicon Anode Battery Market size is set to grow by USD 3.61 billion from 2024-2028, Augmented demand from consumer electronics boost the market, Technavio

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NEW YORK, May 30, 2024 /PRNewswire/ — The global silicon anode battery market  size is estimated to grow by USD 3.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  49.21%  during the forecast period. 

For more insights on the forecast market size and historic data (2018 – 2022) – Buy Report

Segment Overview 

Application 1.1 Automotive1.2 Consumer electronics1.3 Energy and power1.4 OthersEnd-user 2.1 Commercial2.2 Industrial2.3 ResidentialGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Automotive-  The Silicon Anode Battery Market is experiencing significant growth due to the increasing demand for batteries with higher energy density and longer cycle life. Silicon anodes offer these advantages, making them a popular choice for various industries, including electric vehicles and renewable energy storage. Companies are investing heavily in research and development to improve the performance and cost-effectiveness of silicon anode batteries. This trend is expected to continue, driving the growth of the Silicon Anode Battery Market in the coming years.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Silicon Anode Battery Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 49.21%

Market growth 2024-2028

USD 3610.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

47.61

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 42%

Key countries

US, China, South Korea, Germany, and UK

Key companies profiled

Advano, Amprius Technologies Inc., BTR New Material Group Co. Ltd., EIT InnoEnergy SE, Elkem ASA, E-magy, Enevate Corp., Enovix Corp., Group14 Technologies, Nanograf Corp., Nanospan Inc., NanoXplore Inc., NEO Battery Materials LTD, Nexeon Ltd., Norsk Hydro ASA, OneD Battery Sciences, Sicona Battery Technologies, Sila Nanotechnologies Inc., Talga Group Ltd., and TruSpin Nanomaterial Innovation, Inc.

Market Driver

The silicon anode battery market is driven by the advancement of innovative electrode architectures, such as nanostructured silicon and conductive additives, which improve electrical conductivity and enhance battery performance. Precise control over electrode morphology and conductivity through advanced manufacturing techniques contributes to stable SEI layers and extended battery life. These advancements are crucial for high cycle stability applications, including electric vehicles, portable electronics, and grid-scale energy storage systems. 

The Silicon Anode Battery market is currently experiencing significant growth due to the increasing demand for longer-lasting and more efficient energy storage solutions. Silicon anodes offer several advantages over traditional lithium-ion batteries, including higher energy density, longer cycle life, and improved safety. Companies are investing in research and development to improve the performance and reduce the cost of silicon anode batteries.

Consumers are looking for batteries with faster charging times and longer runtimes, making silicon anodes an attractive option. The market is expected to continue growing as the demand for renewable energy sources increases and the need for reliable energy storage solutions becomes more pressing. Silicon anodes are also being explored for use in electric vehicles, adding to the market’s potential. 

Market Challenges

The production of silicon anode batteries involves significant costs due to the energy-intensive refining process and the need for additional materials and processing steps. The synthesis of nanostructured silicon anode materials is complex and expensive, requiring high-temperature processes and specialized equipment.Transitioning from lab-scale to commercial production while maintaining performance, quality, and cost-effectiveness is a challenge. Scaling up production involves substantial investments in infrastructure and equipment. These high costs and scalability issues hinder the growth of the global silicon anode battery market.The Silicon Anode Battery market faces several challenges in its development. Capacity and cost are key issues. The high cost of silicon anodes is a significant challenge, as is the need to increase their capacity. Technological advancements, such as the use of nanotechnology and composite materials, are being explored to address these challenges. Another challenge is the durability of silicon anodes, which can degrade over time.Efforts are being made to improve their longevity through the development of new electrolytes and battery designs. Additionally, the production process for silicon anodes is complex and requires large amounts of energy, which adds to their cost. To remain competitive, companies must find ways to optimize this process and reduce energy consumption.

Research report provides comprehensive data on impact of trend, driver and challenges – Request a sample report!

Research Analysis

The Silicon Anode Battery Market holds significant capacity expansion potential in the global energy landscape. With advancements in generation technologies, silicon anode batteries are poised to play a major role in enhancing supply security and reducing reliance on fossil fuels. Macroeconomic factors, including regulatory scenarios, will continue to influence the market’s growth trajectory.

The increasing adoption of electric vehicles and the continuous evolution of battery technology are key drivers for the market’s future potential. Capacity expansion in major power plants and the integration of renewable energy sources with silicon anode batteries are expected to further boost market growth.

Market Research Overview

The Silicon Anode Battery Market refers to the global industry focused on the production and application of silicon-based anodes for rechargeable batteries. These batteries offer several advantages over traditional lithium-ion batteries, including higher energy density, longer cycle life, and improved safety. The market is driven by the increasing demand for efficient and sustainable energy storage solutions in various sectors, such as transportation, renewable energy, and consumer electronics.

Silicon anode batteries are also gaining popularity in grid energy storage due to their ability to provide power for extended periods. The market is expected to grow significantly in the coming years, fueled by advancements in materials science, manufacturing processes, and research and development activities. The global supply chain for silicon anode batteries includes raw material suppliers, battery manufacturers, and end-users. The market is also influenced by regulatory policies, technological trends, and economic factors.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationAutomotiveConsumer ElectronicsEnergy And PowerOthersEnd-userCommercialIndustrialResidentialGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Starburst Announces Strategic Investment from Citi

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BOSTON, May 19, 2025 /PRNewswire/ — Starburst, the data platform for apps and AI, today announced a strategic investment from Citi.

Starburst’s platform enables organizations to unify access to distributed data, across cloud, on-premises, and hybrid environments, without the need for data duplication or complex migrations.

Starburst’s vision is to deliver cutting-edge AI and analytics solutions on an open, hybrid data lakehouse foundation.The investment strengthens the company’s momentum in enabling global enterprises to build secure, scalable, and intelligent data applications.By bringing AI “lakeside,” Starburst eliminates the traditional friction between data, governance, and AI. Starburst’s technology is used by 10 of the top 15 banks.

The investment was made through Citi’s Markets Innovation & Investments division. “We’re excited to collaborate with Starburst to help shape the future of enterprise data and AI,” said Lee Smallwood, Global Head of Markets Innovation and Investments, Citi. “Our strategic investment reflects Citi’s commitment to advancing a modern, AI-ready data infrastructure, prioritizing governance, performance, and flexibility to power mission-critical financial services in a global, regulated environment.”

“Our mission is to meet the data challenges faced by complex, global institutions,” said Justin Borgman, CEO and Co-Founder of Starburst. “We’re proud to provide our clients with a secure, high-performance platform that enables access to data wherever it lives. Citi’s investment reinforces our mission to remove barriers between data and insight, especially in industries where speed, trust, and governance are non-negotiable.”

Starburst continues to expand its reach into high-demand, regulated industries where AI is becoming a cornerstone of transformation.

About Starburst 

Starburst is the data platform built for flexibility, delivering fast, secure access to all your data, wherever it lives. Whether on-premises, across clouds, or in hybrid environments, Starburst provides choice and control to your architecture. Built on an open data stack with Trino and Apache Iceberg, it unifies distributed data without complex or costly migrations, unleashing the full power of the data lakehouse for analytics and AI.

With our Lakeside AI architecture, enterprises gain federated access, governed collaboration, and full data lineage, laying the foundation for scalable, compliant AI innovation. Starburst empowers data-intensive and security-conscious organizations to unlock the full potential of their data while ensuring performance, governance, and control.

Enterprises in 60+ countries, including Comcast, Citigroup, and 4 of the top 5 global banks, trust Starburst to maximize data value. Our strategic partnerships with AWS, Dell Technologies, and top cloud providers ensures seamless interoperability across environments.

From insights to action to AI, Starburst fuels innovation at every level. Learn more at starburst.ai.

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Ecotrak Launches Self-Service CMMS, Empowering Small Businesses to Take Control of Facilities Management

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IRVINE, Calif., May 19, 2025 /PRNewswire/ — Ecotrak, the leading provider of facility and asset management software for multi-location businesses, has officially launched Ecotrak Build, a self-service CMMS (Computerized Maintenance Management System) designed specifically for small business operators. Built from the ground up for speed, simplicity, and affordability, Ecotrak Build is now available for just $25 per year, per location—and includes a 30-day free trial.

With the launch of its self-service portal, Ecotrak is removing traditional barriers to entry like implementation delays and expensive onboarding. Small business owners can now sign up in minutes, set up locations, find vendors, and start managing their repairs from one easy-to-use platform.

“We built Ecotrak Build for the operators who do it all—the ones wearing five hats and still trying to keep their equipment running,” said Daniel Castleman, VP of Product at Ecotrak. “There hasn’t been a robust CMMS solution made specifically for small business. Build changes that. It’s affordable, it’s powerful, and it’s ready to go when you are.”

Key features of Ecotrak Build include:

Instant access to pre-vetted service providers

Unlimited work orders and invoices

Support for up to 10 locations during the free trial

Mobile app for fast, on-the-go service requests

A clean, intuitive dashboard

From plumbing issues and HVAC breakdowns to equipment maintenance and emergency repairs, Ecotrak Build gives operators the ability to respond fast, assign vendors, track progress, and manage costs—all in real time.

The self-service experience was designed to be plug-and-play:

Create an accountAdd your locationsInvite and assign vendorsSubmit your first service requestStart tracking work

Build is ideal for quick-service restaurants, franchise owners, coffee shops, gyms, salons, convenience stores, and any other small business that depends on equipment working day in and day out. Unlike enterprise CMMS tools built for corporate facilities teams, Build meets operators where they are—with simple workflows, mobile-first access, and no unnecessary complexity.

The platform is now live at www.ecotrak.com/pricing, where new users can sign up and begin their 30-day free trial.

About Ecotrak

Ecotrak is more than a facility management platform—it’s your partner in the trenches. Built for businesses that can’t afford downtime, Ecotrak delivers real solutions, real insights, and real support to help facility teams run smoother, spend smarter, and plan for the long haul.

With an intuitive, easy-to-use platform, Ecotrak simplifies asset management, work orders, and service provider coordination—so facility teams can stop putting out fires and start making bigger-picture decisions. Whether it’s preventing breakdowns, maximizing budgets, or optimizing operations, Ecotrak is right there with you, every step of the way. Together, we run it. For more information, visit ecotrak.com.

Ecotrak Media Contact
Shawna Moore
Director of Marketing
shawna@ecotrak.com
(310) 365-7634

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SOURCE Ecotrak Facility Management Software

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T-Kartor Introduces Field-Proven, Cloud-Native Geospatial Platform

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Packaged solution to simplify integration and maximize performance for geospatial operations

ST. LOUIS, May 19, 2025 /PRNewswire/ — T-Kartor, the leader in harnessing geospatial solutions for real-world impact, announced today the release of the latest version of its proven geospatial platform. This platform streamlines individual components and capabilities into a single, cohesive platform for data management, analysis and decision-making.

Geospatial information can help public and private organizations unlock new opportunities, make secure decisions for communities, and gain strategic insights that can be used for further business growth and operational resilience. T-Kartor’s platform brings together all of this information from disparate sources to help organizations manage, analyze, visualize, and disseminate new insights that help inform improved decision-making.

With the upgraded platform, users gain:

A simplified codebase ensures more consistency and streamlined communication between T-Kartor products such as Iris and Orion, ultimately maximizing the value of customers’ investments.New tools for evaluating an organization’s spatial and non-spatial data holdings help illustrate which resources are used most and which are underused and identify the source of requests and geographies queried most often.Ability to elastically scale up, down, or out as compute resources are needed.New enhanced external APIs for machine-to-machine communication and integration into legacy workflows and systems that make extending the T-Kartor platform into existing architectures easier than ever before.

Anthony Calamito, chief strategy officer, T-Kartor, said: “Many geospatial software platforms exist on the market, but few, if any, are cloud-native and designed specifically for modern DevOps environments. What T-Kartor is bringing to market will fundamentally change how software is provisioned and scaled to support enterprise geospatial operations by providing insight into what an organization uses most often, how much compute power is needed, and where resources may be better allocated.” 

Magnus Persson, vice president of products, T-Kartor, said: “As a cloud-first product company, we are focused on engineering our products to be best suited to modern, DevOps architectures and deployment patterns to meet the demands of our customers today. We continue to evolve our platform to work in containerized environments (both Kubernetes and Docker) to support the needs of our customers.”

To learn more about how the new T-Kartor platform can help you get better geospatial insights for a changing world, visit here or meet the team live at the GEOINT Symposium at Booth 1141 from May 18-21.

About T-Kartor

T-Kartor USA is an agile, innovative business combining cartographic, GIS, and programming skills to deliver high-quality and affordable solutions. T-Kartor USA, located in St Louis, Missouri, is a subsidiary of T-Kartor Group AB, a privately-owned entity founded in Kristianstad Sweden in 1985. T-Kartor has offices in five countries; Sweden, Norway, Finland, the U.K., and the U.S. T-Kartor Group AB is committed to providing services and platforms for geospatial solutions, seamless one-feature-one-time map production, world-class city wayfinding, and integrated public transport information.

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SOURCE T-Kartor

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