Global Quantum Batteries Market To Surge With 24.5% CAGR Through 2030
Report Metric | Details |
Base year considered | 2024 |
Forecast period considered | 2025-2030 |
Base year market size | $18.5 million |
Market size forecast | $65.4 million |
Growth rate | CAGR of 24.5% for the forecast period of 2025-2030 |
Segments covered | Technology Type, Application, and Region |
Countries covered | North America, Europe, Asia-Pacific, Rest of the World |
Market drivers |
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Interesting facts:
- Quantum computers accounted for 82.0% of the market in 2024 as they can solve problems that non-quantum computers can't, by leveraging principles like superposition and entanglement to perform complex calculations much faster.
- The U.S., China, and Europe remain the top quantum battery markets, together accounting for over 90% of the global quantum battery market.
Emerging startups:
- Ascensus focuses on quantum dot solutions specifically designed for quantum batteries. Its technology boasts an energy capacity five times greater than current battery technologies, making it particularly suitable for quantum computer applications.
- Nanoshel LLC specializes in quantum dots, which are used in manufacturing quantum batteries. Their compatibility with existing battery technology enhances their appeal.
- Nanorh is a firm focused on the R&D of nanomaterials, which are used in the manufacturing of quantum batteries.
The report addresses the following questions:
What are the market's projected market size and growth rate?- The global quantum battery market was valued at $18.5 million in 2024 and is projected to reach $65.4 million by the end of 2030, at a CAGR of 24.5% for the forecast period.
- Early adoption of quantum computers. Increasing demand for solar energy. Rising global sales of EVs. Implementation of quantum computers in self-driving technology. Increasing adoption of quantum technology in the healthcare sector.
- The quantum battery market is segmented based on storage technology type, application, and region.
- The quantum dot batteries segment will dominate the market through 2030.
- North America holds the largest share of the global market.
Market leaders include:
- ALPHABET INC. (GOOGLE INC.) AVANTAMA AG CD BIOPARTICLES NANOCO GROUP PLC NNCRYSTAL US CORP. QUANTUM INSTRUMENTS QUANTUM MATERIALS CORP. QUSTOMDOT BV SHOEI ELECTRONIC MATERIALS INC. UBIQD
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