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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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MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM AND QUARTERLY DIVIDEND OF $0.36 PER SHARE

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HONOLULU, April 23, 2026 /PRNewswire/ — The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, approved adding three million shares to its existing share repurchase program and extending the program to December 31, 2029.  As of April 23, 2026, the existing share repurchase program had approximately 0.7 million shares remaining.  The Board also declared a second quarter dividend of $0.36 per common share.  The dividend will be paid on June 4, 2026 to all shareholders of record as of the close of business on May 7, 2026.

“We are pleased to announce an additional three million shares to our existing share repurchase program,” said Matt Cox, Matson’s Chairman and Chief Executive Officer.  “Since we commenced our share repurchase program in August 2021, we have repurchased approximately 14.3 million shares, or approximately 33% of the then outstanding shares, for a total cost of $1.3 billion.  Going forward, we will continue to be both disciplined and opportunistic in our capital allocation, and we remain committed to returning excess cash to shareholders to create additional shareholder value over the long-term.” 

Shares will be repurchased in the open market from time to time at the Company’s discretion, based on ongoing assessments of the capital needs of the business, the market price of its common shares and general market conditions.  The Company may enter into Rule 10b5-1 plans to facilitate purchases under the program.  The repurchase program may be suspended or discontinued at any time.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia.  The Company’s fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson’s transportation network throughout North America and Asia.  Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska.  Additional information about the Company is available at www.matson.com.

Forward Looking Statements

Statements in this news release that are not historical facts are “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to, statements about capital allocation plans, the timing, manner and volume of repurchases of common shares pursuant to the repurchase program, and use of excess cash.  These forward-looking statements are not guarantees of future performance.  This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release.  We do not undertake any obligation to update our forward-looking statements.

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SOURCE Matson, Inc.

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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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