Global Sodium-Sulfur Battery Supply, Demand and Key Producers, 2024-2030

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Published Date: 10 Feb 2024

Category: Energy & Power

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Sodium-Sulfur Battery market size is expected to reach $ 65 million by 2030, rising at a market growth of 10.6% CAGR during the forecast period (2024-2030).

Global key player of Sodium-Sulfur Battery is NGK Insulators, with a whole share 100%. Asia-Pacific is the largest market, with a 100% share. In terms of product type, above 1000MWH is the largest segment, with a share about 60%. In terms of application, Industrial, Commercial and Residential is the largest market, with a share about 50%.

This report studies the Sodium-Sulfur Battery (NaS) market, A sodium–sulfur battery is a type of molten-salt battery constructed from liquid sodium (Na) and sulfur (S).This type of battery has a high energy density, high efficiency of charge/discharge (89–92%) and long cycle life, and is fabricated from inexpensive materials. However, because of the operating temperatures of 300 to 350 °C and the highly corrosive nature of the sodium polysulfides, such cells are primarily suitable for large-scale non-mobile applications such as grid energy storage.

This report studies the global Sodium-Sulfur Battery production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Sodium-Sulfur Battery, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Sodium-Sulfur Battery that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Sodium-Sulfur Battery total production and demand, 2019-2030, (MWH)
Global Sodium-Sulfur Battery total production value, 2019-2030, (USD Million)
Global Sodium-Sulfur Battery production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (MWH)
Global Sodium-Sulfur Battery consumption by region & country, CAGR, 2019-2030 & (MWH)
U.S. VS China: Sodium-Sulfur Battery domestic production, consumption, key domestic manufacturers and share
Global Sodium-Sulfur Battery production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (MWH)
Global Sodium-Sulfur Battery production by Type, production, value, CAGR, 2019-2030, (USD Million) & (MWH)
Global Sodium-Sulfur Battery production by Application production, value, CAGR, 2019-2030, (USD Million) & (MWH).

This reports profiles key players in the global Sodium-Sulfur Battery market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NGK Insulators. etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Sodium-Sulfur Battery market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MWH) and average price (USD/MWH) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Sodium-Sulfur Battery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Sodium-Sulfur Battery Market, Segmentation by Type
Below 100MWH
100-1000MWH
Above 1000MWH

Global Sodium-Sulfur Battery Market, Segmentation by Application
Renewable Energy and Power Plants
Transmission and Distribution
Industrial, Commercial and Residential
Off-grid and Microgrid

Companies Profiled:
NGK Insulators

Key Questions Answered
1. How big is the global Sodium-Sulfur Battery market?
2. What is the demand of the global Sodium-Sulfur Battery market?
3. What is the year over year growth of the global Sodium-Sulfur Battery market?
4. What is the production and production value of the global Sodium-Sulfur Battery market?
5. Who are the key producers in the global Sodium-Sulfur Battery market?

Table of Contents

1 Supply Summary
    1.1 Sodium-Sulfur Battery Introduction
    1.2 World Sodium-Sulfur Battery Supply & Forecast
        1.2.1 World Sodium-Sulfur Battery Production Value (2019 & 2023 & 2030)
        1.2.2 World Sodium-Sulfur Battery Production (2019-2030)
        1.2.3 World Sodium-Sulfur Battery Pricing Trends (2019-2030)
    1.3 World Sodium-Sulfur Battery Production by Region (Based on Production Site)
        1.3.1 World Sodium-Sulfur Battery Production Value by Region (2019-2030)
        1.3.2 World Sodium-Sulfur Battery Production by Region (2019-2030)
        1.3.3 World Sodium-Sulfur Battery Average Price by Region (2019-2030)
        1.3.4 North America Sodium-Sulfur Battery Production (2019-2030)
        1.3.5 China Sodium-Sulfur Battery Production (2019-2030)
        1.3.6 Japan Sodium-Sulfur Battery Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Sodium-Sulfur Battery Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Sodium-Sulfur Battery Major Market Trends

2 Demand Summary
    2.1 World Sodium-Sulfur Battery Demand (2019-2030)
    2.2 World Sodium-Sulfur Battery Consumption by Region
        2.2.1 World Sodium-Sulfur Battery Consumption by Region (2019-2024)
        2.2.2 World Sodium-Sulfur Battery Consumption Forecast by Region (2025-2030)
    2.3 United States Sodium-Sulfur Battery Consumption (2019-2030)
    2.4 China Sodium-Sulfur Battery Consumption (2019-2030)
    2.5 Europe Sodium-Sulfur Battery Consumption (2019-2030)
    2.6 Japan Sodium-Sulfur Battery Consumption (2019-2030)
    2.7 South Korea Sodium-Sulfur Battery Consumption (2019-2030)
    2.8 ASEAN Sodium-Sulfur Battery Consumption (2019-2030)
    2.9 India Sodium-Sulfur Battery Consumption (2019-2030)

3 World Sodium-Sulfur Battery Manufacturers Competitive Analysis
    3.1 World Sodium-Sulfur Battery Production Value by Manufacturer (2019-2024)
    3.2 World Sodium-Sulfur Battery Production by Manufacturer (2019-2024)
    3.3 World Sodium-Sulfur Battery Average Price by Manufacturer (2019-2024)
    3.4 Sodium-Sulfur Battery Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Sodium-Sulfur Battery Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Sodium-Sulfur Battery in 2023
        3.5.3 Global Concentration Ratios (CR8) for Sodium-Sulfur Battery in 2023
    3.6 Sodium-Sulfur Battery Market: Overall Company Footprint Analysis
        3.6.1 Sodium-Sulfur Battery Market: Region Footprint
        3.6.2 Sodium-Sulfur Battery Market: Company Product Type Footprint
        3.6.3 Sodium-Sulfur Battery Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Sodium-Sulfur Battery Production Value Comparison
        4.1.1 United States VS China: Sodium-Sulfur Battery Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Sodium-Sulfur Battery Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Sodium-Sulfur Battery Production Comparison
        4.2.1 United States VS China: Sodium-Sulfur Battery Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Sodium-Sulfur Battery Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Sodium-Sulfur Battery Consumption Comparison
        4.3.1 United States VS China: Sodium-Sulfur Battery Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Sodium-Sulfur Battery Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Sodium-Sulfur Battery Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Sodium-Sulfur Battery Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Sodium-Sulfur Battery Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Sodium-Sulfur Battery Production (2019-2024)
    4.5 China Based Sodium-Sulfur Battery Manufacturers and Market Share
        4.5.1 China Based Sodium-Sulfur Battery Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Sodium-Sulfur Battery Production Value (2019-2024)
        4.5.3 China Based Manufacturers Sodium-Sulfur Battery Production (2019-2024)
    4.6 Rest of World Based Sodium-Sulfur Battery Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Sodium-Sulfur Battery Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Sodium-Sulfur Battery Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Sodium-Sulfur Battery Production (2019-2024)

5 Market Analysis by Type
    5.1 World Sodium-Sulfur Battery Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Below 100MWH
        5.2.2 100-1000MWH
        5.2.3 Above 1000MWH
    5.3 Market Segment by Type
        5.3.1 World Sodium-Sulfur Battery Production by Type (2019-2030)
        5.3.2 World Sodium-Sulfur Battery Production Value by Type (2019-2030)
        5.3.3 World Sodium-Sulfur Battery Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Sodium-Sulfur Battery Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Renewable Energy and Power Plants
        6.2.2 Transmission and Distribution
        6.2.3 Industrial, Commercial and Residential
        6.2.4 Off-grid and Microgrid
    6.3 Market Segment by Application
        6.3.1 World Sodium-Sulfur Battery Production by Application (2019-2030)
        6.3.2 World Sodium-Sulfur Battery Production Value by Application (2019-2030)
        6.3.3 World Sodium-Sulfur Battery Average Price by Application (2019-2030)

7 Company Profiles
    7.1 NGK Insulators
        7.1.1 NGK Insulators Details
        7.1.2 NGK Insulators Major Business
        7.1.3 NGK Insulators Sodium-Sulfur Battery Product and Services
        7.1.4 NGK Insulators Sodium-Sulfur Battery Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 NGK Insulators Recent Developments/Updates
        7.1.6 NGK Insulators Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Sodium-Sulfur Battery Industry Chain
    8.2 Sodium-Sulfur Battery Upstream Analysis
        8.2.1 Sodium-Sulfur Battery Core Raw Materials
        8.2.2 Main Manufacturers of Sodium-Sulfur Battery Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Sodium-Sulfur Battery Production Mode
    8.6 Sodium-Sulfur Battery Procurement Model
    8.7 Sodium-Sulfur Battery Industry Sales Model and Sales Channels
        8.7.1 Sodium-Sulfur Battery Sales Model
        8.7.2 Sodium-Sulfur Battery Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Sodium-Sulfur Battery Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Sodium-Sulfur Battery Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Sodium-Sulfur Battery Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Sodium-Sulfur Battery Production Value Market Share by Region (2019-2024)
    Table 5. World Sodium-Sulfur Battery Production Value Market Share by Region (2025-2030)
    Table 6. World Sodium-Sulfur Battery Production by Region (2019-2024) & (MWH)
    Table 7. World Sodium-Sulfur Battery Production by Region (2025-2030) & (MWH)
    Table 8. World Sodium-Sulfur Battery Production Market Share by Region (2019-2024)
    Table 9. World Sodium-Sulfur Battery Production Market Share by Region (2025-2030)
    Table 10. World Sodium-Sulfur Battery Average Price by Region (2019-2024) & (USD/MWH)
    Table 11. World Sodium-Sulfur Battery Average Price by Region (2025-2030) & (USD/MWH)
    Table 12. Sodium-Sulfur Battery Major Market Trends
    Table 13. World Sodium-Sulfur Battery Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (MWH)
    Table 14. World Sodium-Sulfur Battery Consumption by Region (2019-2024) & (MWH)
    Table 15. World Sodium-Sulfur Battery Consumption Forecast by Region (2025-2030) & (MWH)
    Table 16. World Sodium-Sulfur Battery Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Sodium-Sulfur Battery Producers in 2023
    Table 18. World Sodium-Sulfur Battery Production by Manufacturer (2019-2024) & (MWH)
    Table 19. Production Market Share of Key Sodium-Sulfur Battery Producers in 2023
    Table 20. World Sodium-Sulfur Battery Average Price by Manufacturer (2019-2024) & (USD/MWH)
    Table 21. Global Sodium-Sulfur Battery Company Evaluation Quadrant
    Table 22. World Sodium-Sulfur Battery Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Sodium-Sulfur Battery Production Site of Key Manufacturer
    Table 24. Sodium-Sulfur Battery Market: Company Product Type Footprint
    Table 25. Sodium-Sulfur Battery Market: Company Product Application Footprint
    Table 26. Sodium-Sulfur Battery Competitive Factors
    Table 27. Sodium-Sulfur Battery New Entrant and Capacity Expansion Plans
    Table 28. Sodium-Sulfur Battery Mergers & Acquisitions Activity
    Table 29. United States VS China Sodium-Sulfur Battery Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Sodium-Sulfur Battery Production Comparison, (2019 & 2023 & 2030) & (MWH)
    Table 31. United States VS China Sodium-Sulfur Battery Consumption Comparison, (2019 & 2023 & 2030) & (MWH)
    Table 32. United States Based Sodium-Sulfur Battery Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Sodium-Sulfur Battery Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Sodium-Sulfur Battery Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Sodium-Sulfur Battery Production (2019-2024) & (MWH)
    Table 36. United States Based Manufacturers Sodium-Sulfur Battery Production Market Share (2019-2024)
    Table 37. China Based Sodium-Sulfur Battery Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Sodium-Sulfur Battery Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Sodium-Sulfur Battery Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Sodium-Sulfur Battery Production (2019-2024) & (MWH)
    Table 41. China Based Manufacturers Sodium-Sulfur Battery Production Market Share (2019-2024)
    Table 42. Rest of World Based Sodium-Sulfur Battery Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Sodium-Sulfur Battery Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Sodium-Sulfur Battery Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Sodium-Sulfur Battery Production (2019-2024) & (MWH)
    Table 46. Rest of World Based Manufacturers Sodium-Sulfur Battery Production Market Share (2019-2024)
    Table 47. World Sodium-Sulfur Battery Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Sodium-Sulfur Battery Production by Type (2019-2024) & (MWH)
    Table 49. World Sodium-Sulfur Battery Production by Type (2025-2030) & (MWH)
    Table 50. World Sodium-Sulfur Battery Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Sodium-Sulfur Battery Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Sodium-Sulfur Battery Average Price by Type (2019-2024) & (USD/MWH)
    Table 53. World Sodium-Sulfur Battery Average Price by Type (2025-2030) & (USD/MWH)
    Table 54. World Sodium-Sulfur Battery Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Sodium-Sulfur Battery Production by Application (2019-2024) & (MWH)
    Table 56. World Sodium-Sulfur Battery Production by Application (2025-2030) & (MWH)
    Table 57. World Sodium-Sulfur Battery Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Sodium-Sulfur Battery Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Sodium-Sulfur Battery Average Price by Application (2019-2024) & (USD/MWH)
    Table 60. World Sodium-Sulfur Battery Average Price by Application (2025-2030) & (USD/MWH)
    Table 61. NGK Insulators Basic Information, Manufacturing Base and Competitors
    Table 62. NGK Insulators Major Business
    Table 63. NGK Insulators Sodium-Sulfur Battery Product and Services
    Table 64. NGK Insulators Sodium-Sulfur Battery Production (MWH), Price (USD/MWH), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. Global Key Players of Sodium-Sulfur Battery Upstream (Raw Materials)
    Table 66. Sodium-Sulfur Battery Typical Customers
    Table 67. Sodium-Sulfur Battery Typical Distributors
List of Figure
    Figure 1. Sodium-Sulfur Battery Picture
    Figure 2. World Sodium-Sulfur Battery Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Sodium-Sulfur Battery Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Sodium-Sulfur Battery Production (2019-2030) & (MWH)
    Figure 5. World Sodium-Sulfur Battery Average Price (2019-2030) & (USD/MWH)
    Figure 6. World Sodium-Sulfur Battery Production Value Market Share by Region (2019-2030)
    Figure 7. World Sodium-Sulfur Battery Production Market Share by Region (2019-2030)
    Figure 8. North America Sodium-Sulfur Battery Production (2019-2030) & (MWH)
    Figure 9. China Sodium-Sulfur Battery Production (2019-2030) & (MWH)
    Figure 10. Japan Sodium-Sulfur Battery Production (2019-2030) & (MWH)
    Figure 11. Sodium-Sulfur Battery Market Drivers
    Figure 12. Factors Affecting Demand
    Figure 13. World Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 14. World Sodium-Sulfur Battery Consumption Market Share by Region (2019-2030)
    Figure 15. United States Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 16. China Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 17. Europe Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 18. Japan Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 19. South Korea Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 20. ASEAN Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 21. India Sodium-Sulfur Battery Consumption (2019-2030) & (MWH)
    Figure 22. Producer Shipments of Sodium-Sulfur Battery by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 23. Global Four-firm Concentration Ratios (CR4) for Sodium-Sulfur Battery Markets in 2023
    Figure 24. Global Four-firm Concentration Ratios (CR8) for Sodium-Sulfur Battery Markets in 2023
    Figure 25. United States VS China: Sodium-Sulfur Battery Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 26. United States VS China: Sodium-Sulfur Battery Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 27. United States VS China: Sodium-Sulfur Battery Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States Based Manufacturers Sodium-Sulfur Battery Production Market Share 2023
    Figure 29. China Based Manufacturers Sodium-Sulfur Battery Production Market Share 2023
    Figure 30. Rest of World Based Manufacturers Sodium-Sulfur Battery Production Market Share 2023
    Figure 31. World Sodium-Sulfur Battery Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 32. World Sodium-Sulfur Battery Production Value Market Share by Type in 2023
    Figure 33. Below 100MWH
    Figure 34. 100-1000MWH
    Figure 35. Above 1000MWH
    Figure 36. World Sodium-Sulfur Battery Production Market Share by Type (2019-2030)
    Figure 37. World Sodium-Sulfur Battery Production Value Market Share by Type (2019-2030)
    Figure 38. World Sodium-Sulfur Battery Average Price by Type (2019-2030) & (USD/MWH)
    Figure 39. World Sodium-Sulfur Battery Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 40. World Sodium-Sulfur Battery Production Value Market Share by Application in 2023
    Figure 41. Renewable Energy and Power Plants
    Figure 42. Transmission and Distribution
    Figure 43. Industrial, Commercial and Residential
    Figure 44. Off-grid and Microgrid
    Figure 45. World Sodium-Sulfur Battery Production Market Share by Application (2019-2030)
    Figure 46. World Sodium-Sulfur Battery Production Value Market Share by Application (2019-2030)
    Figure 47. World Sodium-Sulfur Battery Average Price by Application (2019-2030) & (USD/MWH)
    Figure 48. Sodium-Sulfur Battery Industry Chain
    Figure 49. Sodium-Sulfur Battery Procurement Model
    Figure 50. Sodium-Sulfur Battery Sales Model
    Figure 51. Sodium-Sulfur Battery Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

NGK Insulators

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Sodium-Sulfur Battery

Sodium-Sulfur Battery for Energy Storage

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