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UK Sodium Ion Battery Market
ID: MRFR/EnP/53817-HCR
200 Pages
June 2025
UK Sodium Ion Battery Market Research Report: By Application (Electric Vehicles, Energy Storage Systems, Consumer Electronics, Industrial Applications), By Chemistry Type (Sodium Nickel Manganese Chloride, Sodium Sulfur, Sodium Iron Phosphate), By End Use (Automotive, Residential, Commercial, Utility) andBy Form Factor (Prismatic, Cylindrical, Pouch)- Forecast to 2035 UK Sodium Ion Battery Market Overview: As per MRFR analysis, the UK Sodium Ion Battery Market Size was estimated at 34
Industry Developments
The UK Sodium Ion Battery Market has recently witnessed significant developments, particularly with companies like Faradion and Britishvolt leading advancements in sodium-ion technology. In July 2023, Faradion announced a partnership with Britishvolt to enhance the commercial viability of sodium-ion batteries for electric vehicles, aiming to expand battery production within the UK. Additionally, Sion Power revealed plans for new manufacturing facilities in the UK to bolster the sodium-ion battery supply chain. Tiamat Energy and AMTE Power are also engaging in Research and Development projects to improve energy density and efficiency, contributing to a growing market valuation, which is projected to reach 1 billion by 2025. Notably, Merger and Acquisition activities have highlighted the dynamic nature of the market; in April 2023, Northvolt acquired Oxis Energy's intellectual property to integrate its sodium-ion technology into its product offerings, showcasing an expanding interest in diverse battery chemistries.The market is also influenced by government initiatives promoting sustainable energy solutions, with recent grants awarded to support sodium-ion battery research, demonstrating the UK’s commitment to fostering innovation in energy storage technologies.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 34.83(USD Million) |
| MARKET SIZE 2024 | 40.5(USD Million) |
| MARKET SIZE 2035 | 216.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 16.437% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Sion Power, Northvolt, Tiamat Energy, NextEra Energy, Renovagen, Faradion, GS Yuasa, Oxis Energy, AMTE Power, Aionics, NIO, Duracell, Britishvolt, CATL, Kreisel Electric |
| SEGMENTS COVERED | Application, Chemistry Type, End Use, Form Factor |
| KEY MARKET OPPORTUNITIES | Government incentives for clean energy, Growing demand for renewable storage, Advancements in battery technology, Increased EV adoption rates, Cost-effective energy solutions |
| KEY MARKET DYNAMICS | Increasing demand for renewable energy, Government support and incentives, Competitive pricing against lithium-ion, Technological advancements in efficiency, Growing environmental sustainability concerns |
| COUNTRIES COVERED | UK |
FAQs
What is the expected market size of the UK Sodium Ion Battery Market in 2024?
The UK Sodium Ion Battery Market is expected to be valued at 40.5 million USD in 2024.
What will be the market value of the UK Sodium Ion Battery Market by 2035?
By 2035, the overall market value is projected to reach 216.0 million USD.
What is the projected compound annual growth rate for the UK Sodium Ion Battery Market from 2025 to 2035?
The market is anticipated to grow at a CAGR of 16.437% during the forecast period from 2025 to 2035.
Which application segment will dominate the UK Sodium Ion Battery Market by 2035?
The Energy Storage Systems segment is expected to be the largest, valued at 80.4 million USD by 2035.
How much is the Electric Vehicles application of the market expected to be worth in 2035?
The Electric Vehicles application is projected to reach a value of 60.2 million USD by 2035.
What are some of the major players in the UK Sodium Ion Battery Market?
Key players in the market include Sion Power, Northvolt, Tiamat Energy, and Britishvolt among others.
What will be the expected market size for Consumer Electronics in 2035?
The Consumer Electronics application segment is forecasted to be valued at 42.3 million USD by 2035.
What challenges might the UK Sodium Ion Battery Market face in the coming years?
Challenges may include supply chain disruptions and competition from alternative battery technologies.
What is the expected market size for Industrial Applications in 2035?
The Industrial Applications segment is anticipated to reach 33.1 million USD by 2035.
How has the competitive landscape of the UK Sodium Ion Battery Market evolved?
The market has seen an increase in competition, with numerous established and emerging players investing in sodium ion technology.
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