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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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Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

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ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

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HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

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MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2.   Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3.   Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4.   Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

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SOURCE Haivision Systems Inc.

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Noritz upgrades EZ Pro Series of tankless water heaters with larger, multi-function panel display for faster installation and servicing

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Improved, fully integrated diagnostic interface eliminates the need for a separate remote controller, providing key system status data and enhanced digital controls to ease startup, operation, and maintenance for pro installers and service techs.

FOUNTAIN VALLEY, Calif., April 23, 2026 /PRNewswire/ — Noritz America, an international leader in tankless and electric heat pump water heaters and high-efficiency combination boilers, has further enhanced its EZ Series Pro line of residential condensing tankless water heaters by expanding both the size and the functionality of the units’ built-in control panel, whose user-friendly digital interface is mounted prominently on the front exterior.

Providing upgraded monitoring and diagnostic capabilities, the multi-function panel display allows professional installers to view system status, temperature settings, service reminders, maintenance data, error codes, error history, and (if applicable) recirculation timing settings. All of this vital information is built in and readily accessible on the water heater. Besides eliminating the need for a separate, external remote controller, the panel enables guided setup during installation and faster, more effective troubleshooting.

In addition, installers and users can monitor and program the unit remotely via Bluetooth® connectivity that works alongside the panel, using the EZ Start Plus app on their smartphones. A separate external remote is optional.

“The intent of our upgrade efforts was to create a more satisfying user experience for both the professional and the consumer,” says Noritz Executive Vice President and General Manager Jason Fleming. “We focused on simplified installation, advanced diagnostics, and giving professionals and their customers easier, more responsive control of the water heater.”

Essential Features of the Multi-Function Panel

Below are the main features and capabilities of the upgraded, built-in, multi-function panel and related control system:

Digital temperature control: Professional installers and service technicians will find it easier to use the enlarged panel to set the output water temperature to 100° – 140° Fahrenheit. Temperature settings are available in increments as small as 5°F.

Key benefits: More precise temperature control for professionals and, as a result, safer, more consistent hot-water delivery for end users.

Integrated Bluetooth connectivity; no more dip switches: The EZ Start Plus app enables installers and service techs to perform system setup, adjust the temperature, run diagnostics and share this information electronically with Noritz Technical Support. Installers can even register the water heater to qualify for the accompanying warranty.

Key benefits: Simplified startups mean faster installs, minimizing the manual programming that installers previously had to perform. Smartphone-based control and troubleshooting eliminate the need for old-style manual adjustment of physical dip switches.

Improved service access: Even the physical design of the EZ Series Pro has been reengineered to work more effectively with the newly enhanced multi-function panel.

Key benefits: The latched, snap-lock front cover enables quicker access to components for easier maintenance and servicing.

Industry-Best Warranty

The upgraded EZ Series Pro continues to include three models, all with a Uniform Energy Factor of 0.98, the highest efficiency rating in the tankless water heater industry:

EZ71: input range — 12,800 to 160,000 BTU/hour; flow rate — 0.4 to 9.0 gallons per minute; turndown ratio — 12.5:1EZ98: 12,800 to 180,000 BTUh; 0.4 to 9.8 gpm; 14:1;EZ111: 12,800 to 199,900 BTUh; 0.4 to 11.1 gpm; 16:1.

All three units carry a 25-year limited warranty on their stainless steel heat exchangers, the longest such protection in the industry. Further protection includes a five-year limited parts warranty and one year for reasonable labor.

The water heaters use natural gas but are field-convertible to LP with a parts kit included with every unit. Two water heaters can be linked using Noritz’s optional Quick Connect linkage to double the hot-water flow rate.

Designed for wall-mounting indoors, the EZ Series Pro heaters can be direct-vented with two-, three-, or four-inch Schedule 40 or Schedule 80 PVC or CPVC, or two-inch or three-inch polypropylene venting. They can also be installed outdoors in milder year-round climates using an optional vent cap.

All EZ Series Pro models have received approvals from CSA, NSF5, NSF372, and are Low NOx approved by the South Coast Air Quality Management District (Rule 1146.2).

For more information on the newly upgraded Noritz EZ Series Pro, visit: https://ezseries.noritz.com/

A short product video is available at: https://youtu.be/m5iDn7sOGMc

For more information on the full line of Noritz tankless water heating products, visit www.noritz.com. You can also contact us by telephone at 866.766.7489 or by email at support@noritz.com.

For editorial assistance, contact John O’Reilly or Emma Wurzer at GreenHouse Digital PR, 15255 South 94th Avenue, Suite 500 | Orland Park, IL 60462; tel.: 708.428.6385; e-mail: john@greenhousedigitalpr.com | emma@greenhousedigitalpr.com.

Hi-res versions of photographs to accompany this press release are available for immediate download by using this link: https://noritz.greenhousedigitalpr.com/ez-series-pro-upgrades.

NORITZ AMERICA CORPORATION, a subsidiary of Noritz Japan, has corporate offices in Fountain Valley, Calif., and Atlanta, offering a full line of tankless water heaters and high-efficiency combination boilers to meet the hot water demands of residential and commercial applications. Noritz supports its products with a national network of skilled representatives and employees committed to providing our communities with the finest products and services by helping consumers live a more comfortable, efficient, and healthy lifestyle. For more information on Noritz America and the entire line of Noritz’s ENERGY STAR® tankless water heaters, please call (877) 986-6748 or visit our website at www.noritz.com.

CONTACT:
Andrew Tran
Noritz America
(714) 433-7813
atran@noritz.com

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SOURCE Noritz

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