The global Sodium-ion Battery market size is predicted to grow from US$ 714 million in 2025 to US$ 5317 million in 2031; it is expected to grow at a CAGR of 39.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Sodium-ion battery is an emerging product in the field of energy storage and power battery, which has been favored by the industry for its lower cost energy storage advantages and safer performance.
Sodium-ion batteries are a type of rechargeable battery that work in a similar way to lithium batteries, but carry the charge using sodium ions (Na+) instead of lithium ions (Li+). Sodium is a silvery, soft alkaline metal that is very abundant in nature - it can be found, for example, in sea salt or in the earth's crust. The operation of sodium-ion batteries is very similar to that of lithium-ion batteries, as the chemistry of the two elements is similar (both are alkaline).
Sodium batteries were first studied in the 1980s, but it was not until the 21st century that the true potential of sodium for energy storage was rediscovered.
The global key players of Sodium-ion battery include Natron Energy, Reliance Industries, Tiamat Energy and HiNa Battery Technology, etc. The global top five players had a share approximately 65% in terms of revenue.
At present, the global sodium-ion battery is in the investment and construction stage. The construction of the sodium-ion battery industry chain was just completed around 2022, and since then, both production capacity and output have increased significantly. In 2024, the global sodium-ion battery market growth rates will be 94.5%, and will continue to grow rapidly thereafter. However, most corporate investment and construction investment are currently concentrated in China, mainly due to government policy support and a mature lithium-ion battery industry chain. The principles of sodium-ion batteries and lithium-ion batteries are basically the same, and many sodium-ion battery companies are also manufacturers of lithium-ion batteries.
The 鈥淪odium-ion Battery Industry Forecast鈥� looks at past sales and reviews total world Sodium-ion Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Sodium-ion Battery sales for 2025 through 2031. With Sodium-ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium-ion Battery industry.
This Insight Report provides a comprehensive analysis of the global Sodium-ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium-ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Sodium-ion Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium-ion Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium-ion Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium-ion Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Layered Oxide
Prussian
Polyanionic Compound
Segmentation by Application:
Energy Storage System
Low-speed Vehicles
Automobile
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Natron Energy
Reliance Industries (Faradion)
Tiamat Energy
Altris
KPIT Technologies
EcoPro
Energy 11
CATL
HiNa Battery Technology
Jiangsu Zoolnasm
Li-FUN Technology
Ben'an Energy
Shanxi Huayang
Great Power
DFD
Farasis Energy
Transimage
Natrium
Veken
CEC Great Wall
CBAK Energy
Hunan Desay Battery
Jiangsu Pylon Battery
FinDreams Battery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium-ion Battery market?
What factors are driving Sodium-ion Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium-ion Battery market opportunities vary by end market size?
How does Sodium-ion Battery break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sodium-ion Battery Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Sodium-ion Battery by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Sodium-ion Battery by Country/Region, 2020, 2024 & 2031
2.2 Sodium-ion Battery Segment by Type
2.2.1 Layered Oxide
2.2.2 Prussian
2.2.3 Polyanionic Compound
2.3 Sodium-ion Battery Sales by Type
2.3.1 Global Sodium-ion Battery Sales Market Share by Type (2020-2025)
2.3.2 Global Sodium-ion Battery Revenue and Market Share by Type (2020-2025)
2.3.3 Global Sodium-ion Battery Sale Price by Type (2020-2025)
2.4 Sodium-ion Battery Segment by Application
2.4.1 Energy Storage System
2.4.2 Low-speed Vehicles
2.4.3 Automobile
2.4.4 Others
2.5 Sodium-ion Battery Sales by Application
2.5.1 Global Sodium-ion Battery Sale Market Share by Application (2020-2025)
2.5.2 Global Sodium-ion Battery Revenue and Market Share by Application (2020-2025)
2.5.3 Global Sodium-ion Battery Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Sodium-ion Battery Breakdown Data by Company
3.1.1 Global Sodium-ion Battery Annual Sales by Company (2020-2025)
3.1.2 Global Sodium-ion Battery Sales Market Share by Company (2020-2025)
3.2 Global Sodium-ion Battery Annual Revenue by Company (2020-2025)
3.2.1 Global Sodium-ion Battery Revenue by Company (2020-2025)
3.2.2 Global Sodium-ion Battery Revenue Market Share by Company (2020-2025)
3.3 Global Sodium-ion Battery Sale Price by Company
3.4 Key Manufacturers Sodium-ion Battery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Sodium-ion Battery Product Location Distribution
3.4.2 Players Sodium-ion Battery Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Sodium-ion Battery by Geographic Region
4.1 World Historic Sodium-ion Battery Market Size by Geographic Region (2020-2025)
4.1.1 Global Sodium-ion Battery Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Sodium-ion Battery Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Sodium-ion Battery Market Size by Country/Region (2020-2025)
4.2.1 Global Sodium-ion Battery Annual Sales by Country/Region (2020-2025)
4.2.2 Global Sodium-ion Battery Annual Revenue by Country/Region (2020-2025)
4.3 Americas Sodium-ion Battery Sales Growth
4.4 APAC Sodium-ion Battery Sales Growth
4.5 Europe Sodium-ion Battery Sales Growth
4.6 Middle East & Africa Sodium-ion Battery Sales Growth
5 Americas
5.1 Americas Sodium-ion Battery Sales by Country
5.1.1 Americas Sodium-ion Battery Sales by Country (2020-2025)
5.1.2 Americas Sodium-ion Battery Revenue by Country (2020-2025)
5.2 Americas Sodium-ion Battery Sales by Type (2020-2025)
5.3 Americas Sodium-ion Battery Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Sodium-ion Battery Sales by Region
6.1.1 APAC Sodium-ion Battery Sales by Region (2020-2025)
6.1.2 APAC Sodium-ion Battery Revenue by Region (2020-2025)
6.2 APAC Sodium-ion Battery Sales by Type (2020-2025)
6.3 APAC Sodium-ion Battery Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Sodium-ion Battery by Country
7.1.1 Europe Sodium-ion Battery Sales by Country (2020-2025)
7.1.2 Europe Sodium-ion Battery Revenue by Country (2020-2025)
7.2 Europe Sodium-ion Battery Sales by Type (2020-2025)
7.3 Europe Sodium-ion Battery Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Sodium-ion Battery by Country
8.1.1 Middle East & Africa Sodium-ion Battery Sales by Country (2020-2025)
8.1.2 Middle East & Africa Sodium-ion Battery Revenue by Country (2020-2025)
8.2 Middle East & Africa Sodium-ion Battery Sales by Type (2020-2025)
8.3 Middle East & Africa Sodium-ion Battery Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Sodium-ion Battery
10.3 Manufacturing Process Analysis of Sodium-ion Battery
10.4 Industry Chain Structure of Sodium-ion Battery
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Sodium-ion Battery Distributors
11.3 Sodium-ion Battery Customer
12 World Forecast Review for Sodium-ion Battery by Geographic Region
12.1 Global Sodium-ion Battery Market Size Forecast by Region
12.1.1 Global Sodium-ion Battery Forecast by Region (2026-2031)
12.1.2 Global Sodium-ion Battery Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Sodium-ion Battery Forecast by Type (2026-2031)
12.7 Global Sodium-ion Battery Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Natron Energy
13.1.1 Natron Energy Company Information
13.1.2 Natron Energy Sodium-ion Battery Product Portfolios and Specifications
13.1.3 Natron Energy Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Natron Energy Main Business Overview
13.1.5 Natron Energy Latest Developments
13.2 Reliance Industries (Faradion)
13.2.1 Reliance Industries (Faradion) Company Information
13.2.2 Reliance Industries (Faradion) Sodium-ion Battery Product Portfolios and Specifications
13.2.3 Reliance Industries (Faradion) Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Reliance Industries (Faradion) Main Business Overview
13.2.5 Reliance Industries (Faradion) Latest Developments
13.3 Tiamat Energy
13.3.1 Tiamat Energy Company Information
13.3.2 Tiamat Energy Sodium-ion Battery Product Portfolios and Specifications
13.3.3 Tiamat Energy Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Tiamat Energy Main Business Overview
13.3.5 Tiamat Energy Latest Developments
13.4 Altris
13.4.1 Altris Company Information
13.4.2 Altris Sodium-ion Battery Product Portfolios and Specifications
13.4.3 Altris Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Altris Main Business Overview
13.4.5 Altris Latest Developments
13.5 KPIT Technologies
13.5.1 KPIT Technologies Company Information
13.5.2 KPIT Technologies Sodium-ion Battery Product Portfolios and Specifications
13.5.3 KPIT Technologies Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 KPIT Technologies Main Business Overview
13.5.5 KPIT Technologies Latest Developments
13.6 EcoPro
13.6.1 EcoPro Company Information
13.6.2 EcoPro Sodium-ion Battery Product Portfolios and Specifications
13.6.3 EcoPro Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 EcoPro Main Business Overview
13.6.5 EcoPro Latest Developments
13.7 Energy 11
13.7.1 Energy 11 Company Information
13.7.2 Energy 11 Sodium-ion Battery Product Portfolios and Specifications
13.7.3 Energy 11 Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Energy 11 Main Business Overview
13.7.5 Energy 11 Latest Developments
13.8 CATL
13.8.1 CATL Company Information
13.8.2 CATL Sodium-ion Battery Product Portfolios and Specifications
13.8.3 CATL Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 CATL Main Business Overview
13.8.5 CATL Latest Developments
13.9 HiNa Battery Technology
13.9.1 HiNa Battery Technology Company Information
13.9.2 HiNa Battery Technology Sodium-ion Battery Product Portfolios and Specifications
13.9.3 HiNa Battery Technology Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 HiNa Battery Technology Main Business Overview
13.9.5 HiNa Battery Technology Latest Developments
13.10 Jiangsu Zoolnasm
13.10.1 Jiangsu Zoolnasm Company Information
13.10.2 Jiangsu Zoolnasm Sodium-ion Battery Product Portfolios and Specifications
13.10.3 Jiangsu Zoolnasm Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Jiangsu Zoolnasm Main Business Overview
13.10.5 Jiangsu Zoolnasm Latest Developments
13.11 Li-FUN Technology
13.11.1 Li-FUN Technology Company Information
13.11.2 Li-FUN Technology Sodium-ion Battery Product Portfolios and Specifications
13.11.3 Li-FUN Technology Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Li-FUN Technology Main Business Overview
13.11.5 Li-FUN Technology Latest Developments
13.12 Ben'an Energy
13.12.1 Ben'an Energy Company Information
13.12.2 Ben'an Energy Sodium-ion Battery Product Portfolios and Specifications
13.12.3 Ben'an Energy Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Ben'an Energy Main Business Overview
13.12.5 Ben'an Energy Latest Developments
13.13 Shanxi Huayang
13.13.1 Shanxi Huayang Company Information
13.13.2 Shanxi Huayang Sodium-ion Battery Product Portfolios and Specifications
13.13.3 Shanxi Huayang Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Shanxi Huayang Main Business Overview
13.13.5 Shanxi Huayang Latest Developments
13.14 Great Power
13.14.1 Great Power Company Information
13.14.2 Great Power Sodium-ion Battery Product Portfolios and Specifications
13.14.3 Great Power Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Great Power Main Business Overview
13.14.5 Great Power Latest Developments
13.15 DFD
13.15.1 DFD Company Information
13.15.2 DFD Sodium-ion Battery Product Portfolios and Specifications
13.15.3 DFD Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 DFD Main Business Overview
13.15.5 DFD Latest Developments
13.16 Farasis Energy
13.16.1 Farasis Energy Company Information
13.16.2 Farasis Energy Sodium-ion Battery Product Portfolios and Specifications
13.16.3 Farasis Energy Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Farasis Energy Main Business Overview
13.16.5 Farasis Energy Latest Developments
13.17 Transimage
13.17.1 Transimage Company Information
13.17.2 Transimage Sodium-ion Battery Product Portfolios and Specifications
13.17.3 Transimage Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Transimage Main Business Overview
13.17.5 Transimage Latest Developments
13.18 Natrium
13.18.1 Natrium Company Information
13.18.2 Natrium Sodium-ion Battery Product Portfolios and Specifications
13.18.3 Natrium Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Natrium Main Business Overview
13.18.5 Natrium Latest Developments
13.19 Veken
13.19.1 Veken Company Information
13.19.2 Veken Sodium-ion Battery Product Portfolios and Specifications
13.19.3 Veken Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Veken Main Business Overview
13.19.5 Veken Latest Developments
13.20 CEC Great Wall
13.20.1 CEC Great Wall Company Information
13.20.2 CEC Great Wall Sodium-ion Battery Product Portfolios and Specifications
13.20.3 CEC Great Wall Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 CEC Great Wall Main Business Overview
13.20.5 CEC Great Wall Latest Developments
13.21 CBAK Energy
13.21.1 CBAK Energy Company Information
13.21.2 CBAK Energy Sodium-ion Battery Product Portfolios and Specifications
13.21.3 CBAK Energy Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 CBAK Energy Main Business Overview
13.21.5 CBAK Energy Latest Developments
13.22 Hunan Desay Battery
13.22.1 Hunan Desay Battery Company Information
13.22.2 Hunan Desay Battery Sodium-ion Battery Product Portfolios and Specifications
13.22.3 Hunan Desay Battery Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Hunan Desay Battery Main Business Overview
13.22.5 Hunan Desay Battery Latest Developments
13.23 Jiangsu Pylon Battery
13.23.1 Jiangsu Pylon Battery Company Information
13.23.2 Jiangsu Pylon Battery Sodium-ion Battery Product Portfolios and Specifications
13.23.3 Jiangsu Pylon Battery Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 Jiangsu Pylon Battery Main Business Overview
13.23.5 Jiangsu Pylon Battery Latest Developments
13.24 FinDreams Battery
13.24.1 FinDreams Battery Company Information
13.24.2 FinDreams Battery Sodium-ion Battery Product Portfolios and Specifications
13.24.3 FinDreams Battery Sodium-ion Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 FinDreams Battery Main Business Overview
13.24.5 FinDreams Battery Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
