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Fast Charge Battery Market to Reach $72.2 Billion, Globally, by 2033 at 14.7% CAGR: Allied Market Research

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One of the primary drivers of the fast charge battery market is the increase in adoption and demand for electric vehicles (EVs). As the automotive industry shifts towards electrification, there is a growing need for batteries that can charge quickly, thereby reducing the time spent at charging stations and improving the convenience for EV users.

WILMINGTON, Del., Aug. 29, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Fast Charge Battery Market by Type (Lithium-Ion Batteries, Solid-State Batteries, Lithium Polymer Batteries, and Others), and Application (Electric Vehicles, Consumer Electronics, Medical Devices, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. The global fast charge battery market was valued at $18.3 billion in 2023 and is estimated to reach $72.2 billion by 2033, exhibiting a CAGR of 14.7% from 2024 to 2033. 

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A36593 

Prime determinants of growth 

The fast charge battery market is driven by the rise in adoption of electric vehicles (EVs) and the need for quicker charging solutions to reduce charging times, thereby enhancing convenience for users. Technological advancements in battery materials and charging infrastructure also propel market growth, enabling faster and more efficient charging capabilities. However, the market faces challenges such as high costs associated with fast charge technologies, concerns over heat generation during rapid charging, and compatibility issues with existing infrastructure and devices. Opportunities lie in continued technological innovation to improve battery efficiency and safety, expansion into emerging markets with increasing urbanization, and integration with renewable energy storage solutions. Regulatory support and collaborations across industries further enhance prospects for market expansion and adoption. 

Report coverage & details: 

Report Coverage 

Details 

Forecast Period 

2024–2033 

Base Year 

2023

Market Size in 2023 

$18.3 Billion 

Market Size in 2033 

$72.2 Billion 

CAGR 

14.7 %

No. of Pages in Report 

280

Segments Covered 

Type, Application, and Region. 

Drivers 

 Increasing adoption of electric vehicles (EVs)         Growing demand for quick charging solutions in consumer electronics

         

Opportunities 

Continued innovation in battery technology for faster and more efficient charging        

 

Restraint 

High initial costs associated with fast charge technologies

 

The lithium-ion batteries segment is expected to lead throughout the forecast period.

Fast charge lithium-ion batteries represent a pivotal advancement in the electric vehicle (EV) market and renewable energy storage sectors, offering transformative benefits that enhance efficiency, convenience, and sustainability. 

In the EV market, these batteries play a crucial role in addressing one of the primary concerns of consumers: charging time. By significantly reducing the time required for vehicles to recharge, fast charge lithium-ion batteries alleviate range anxiety and enhance the practicality of electric cars for daily use and long-distance travel. Drivers can quickly recharge their EVs at public charging stations or specialized fast-charging networks, allowing them to resume their journeys with minimal downtime. This capability not only improves the user experience but also accelerates the adoption of EVs by making them more competitive with traditional internal combustion engine vehicles. 

Moreover, fast charge lithium-ion batteries are integral to renewable energy storage applications. They efficiently store surplus energy generated from solar or wind sources, enabling rapid absorption and discharge of electricity. This capability is essential for stabilizing the grid and managing fluctuations in renewable energy production, thereby enhancing grid reliability and supporting the integration of clean energy sources into the mainstream energy mix. The flexibility and responsiveness of these batteries contribute to reducing dependency on fossil fuels and mitigating environmental impacts associated with traditional energy generation methods.

Procure Complete Report (280 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3Z1q5nu 

The electric vehicles segment is expected to exhibit fastest growth throughout the forecast period.

Fast charge batteries are pivotal in the realm of electric vehicles (EVs) , particularly in addressing the practicality and convenience challenges that have historically hindered widespread adoption. These batteries are engineered to significantly reduce the time required to recharge EVs compared to traditional methods, typically achieving substantial charging levels in 30 minutes to an hour. 

The primary advantage of fast charge batteries lies in their ability to enhance the usability of electric vehicles by minimizing downtime associated with charging. This capability is crucial in alleviating range anxiety among EV drivers, as they can quickly recharge their vehicles at public fast charging stations during long journeys or at designated charging points in urban areas. Such rapid charging options mimic the refueling experience of conventional vehicles, making EVs more appealing and viable for everyday use. 

Furthermore, the development of fast charge battery technology is driving the establishment of robust charging infrastructure networks. These networks are strategically positioned along major highways, in metropolitan areas, and at commercial centers to support seamless travel and encourage broader adoption of electric vehicles. As infrastructure continues to expand and improve, the accessibility and convenience of fast charging are expected to further accelerate the transition towards sustainable transportation solutions. 

Asia-Pacific to maintain its dominance by 2033

In the Asia-Pacific region, fast charge batteries are experiencing rapid growth driven by several key factors. The increasing adoption of electric vehicles (EVs) in countries like China, Japan, and South Korea is a primary driver. These batteries are essential for reducing EV charging times, thereby enhancing convenience and supporting the region’s ambitious goals for reducing emissions and improving air quality. 

Furthermore, Asia-Pacific is a major manufacturing hub for consumer electronics, where fast charge batteries are crucial for meeting the demand for quick-charging smartphones, laptops, and other portable devices. This technological demand drives innovation and investment in battery technology across the region. Moreover, the integration of renewable energy sources, such as solar and wind power, necessitates efficient energy storage solutions. Fast charge batteries play a vital role in storing renewable energy and stabilizing grid fluctuations, supporting sustainable energy initiatives in countries like Australia and India. Government initiatives and policies promoting electric vehicles and renewable energy further bolster the market for fast charge batteries in the region. These policies encourage investment in infrastructure and research, fostering a conducive environment for technological advancements and market growth.

For Purchase Inquiry: https://www.alliedmarketresearch.com/fast-charge-battery-market/purchase-options  

Players: – 

Tesla, Inc. Panasonic Holdings Corporation CATL (Contemporary Amperex Technology Co. Limited)  BYD (Build Your Dreams)  LG Energy Solution Ltd Samsung SDI Co., Ltd. Solid Power Inc. QuantumScape A123 Systems, LLC StoreDot 

The report provides a detailed analysis of these key players in the global fast charge battery market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:
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Japan’s first DJI and Hasselblad Dual-Concept Flagship Store: “DJI | Hasselblad Authorized Concept Store Tokyo Omotesando” to Grand Open in Late October 2026!

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Offering an unprecedented creative experience with hands-on latest drones and medium-format cameras, an indoor drone flight cage, and 1-on-1 support from multilingual dedicated specialists

TOKYO, Oct. 22, 2026 /PRNewswire/ — DJI, the global leader in innovative aerial and imaging technology, will announce that SEKIDO Co., Ltd., an authorized domestic distributor, will hold the grand opening of the “DJI | Hasselblad Authorized Concept Store Tokyo Omotesando” in the Omotesando area of Tokyo on Saturday, October 31, 2026. This dual-concept store allows visitors to experience the combined worlds of DJI and Hasselblad, the Swedish premium camera brand boasting over 180 years of history as the pinnacle of medium-format photography.

The store consists of two floors, the first and second floors above ground, bringing together the world’s finest imaging technologies, from DJI’s latest drones, handheld gimbals, and action cameras to Hasselblad’s flagship medium-format digital camera systems. The store features a permanent indoor “Drone Flight Cage” for actual flight and operational experiences. It also offers 1-on-1 personalized consulting by expert staff and a multilingual support system (Japanese, English, and Chinese), strongly backing the expressive activities of all creators from Japan and abroad.

Background and Aim of Opening: A Permanent Flagship Hub to Meet the Growing Demand for “Real-World Experience and Expert Consultation”

The use of DJI products has been rapidly expanding in the Japanese market across a wide range of fields, including aerial photography, film and commercial production, still photography, and even industrial applications such as surveying and infrastructure inspection.

In recent years, while the demand for high-performance imaging equipment for creators has further increased, many customers have voiced their desire for real-world experiential value, stating, “I want to check the actual operational feel, image quality, and holding grip before purchasing,” and “I want to consult professionals to select the optimal equipment for my specific production needs and shooting environments.” For highly advanced equipment like drones in particular, it is extremely crucial to verify the intuitive operability and shooting sensation, which are difficult to convey solely through spec sheets and online information.

In response to these changing market dynamics, we decided to open a store in “Tokyo Omotesando,” an epicenter of trends and culture. This permanent flagship hub integrates “product experience,” “expert consulting,” and “experiencing the brand’s world view,” which cannot be fully covered by online sales and short-term events alone. We aim to create an open creative community space for all visual expressers, from highly sensitive top creators domestically and internationally to entry-level enthusiasts aspiring to begin serious content creation.

4 Key Highlights of “DJI Hasselblad Authorized Concept Store Tokyo Omotesando”

1. [Brand Convergence] A Dual-Concept Store to Experience the Worlds of DJI and Hasselblad

“DJI,” which develops innovative imaging technologies, and “Hasselblad,” which continues to support photographic expression as a historic medium-format camera brand. This is a new, dual-concept official store where the craftsmanship and cutting-edge technology of both brands intersect in a single space. From still images to motion pictures, and from the ground to the sky, we offer an equipment lineup that supports diverse creative activities.

2. [Real Experience] Indoor Drone Flight Cage & Product Touch & Try

On the 1st floor, a dedicated “Drone Flight Cage” is permanently installed, allowing visitors to safely fly and pilot drones. Without worrying about weather conditions or restricted flight areas, you can directly experience the hovering stability, camera operation, and control responsiveness of the latest drones on the spot. In addition, handheld cameras and gimbals such as the Osmo series led by the latest Osmo 360 II and Osmo Pocket 4P, as well as the Hasselblad medium-format cameras on the 2nd floor, are all displayed fully powered on, allowing you to freely pick them up and experience shooting.

3. [Expert Consultation] 1-on-1 Personalized Support System by Dedicated Specialists

Expert staff who are thoroughly familiar with product knowledge and on-site shooting know-how are permanently stationed at the store. We propose the optimal equipment configuration and peripheral accessories tailored to each customer’s shooting style, application, and business implementation goals. From comparing products to lectures on initial setup and consultation after introduction, we politely address all questions before and after purchase on a 1-on-1 basis.

4. [Global] Trilingual Support (Japanese, English, Chinese) to Fully Accommodate Inbound Demand

Tailored to the internationally diverse location of Omotesando, not only Japanese but also English and Chinese communication will be supported at the store. We have established a hospitable environment where international tourists and overseas business visitors can experience, purchase, and process tax exemptions for high-end equipment with peace of mind, without feeling any language barriers.

Floor Guide and Overview of Each Area

Each of the two floors offers independent themes and experiential value.

Floor

Main Exhibits and Services

1F
DJI Area

[DJI Touch & Try, Sales, and Flight Cage]
Latest aerial drones (Mavic series, Air series, Mini series, etc.)
Handheld gimbals and action cameras (Osmo Pocket, Osmo 360, Osmo Action, etc.)
Indoor drone flight cage (Actual piloting experience)
Product consultation by dedicated staff

2F
Hasselblad Area

[Hasselblad Touch & Try, Sales, and Gallery]
Medium-format mirrorless digital cameras (X2D II 100C, 907X series, etc.) and XCD lenses
Hasselblad art gallery (Exhibiting the overwhelming gradation and details captured by medium-format cameras)
Premium lounge and consulting booths for in-depth discussions in a relaxed atmosphere

Future Outlook: Regular Events and Workshops to Foster a Creator Community

This store will play a role not merely as an equipment sales hub, but as a communication hub where creators can connect, learn, and collaborate.

Following the grand opening, we plan to regularly host shooting workshops led by front-line professional photographers and video creators, drone flight experience seminars, and advance hands-on preview events for new products. Through the enthusiasm and learning opportunities unique to a physical store, we will contribute to the advancement of Japan’s creative culture.

Store Overview

Item

Store Basic Information

Store Name (Japanese)

DJI | Hasselblad Authorized Concept Store 東京表参道

Store Name (English)

DJI | Hasselblad Authorized Concept Store Tokyo Omotesando

Scheduled Opening Date & Time

Saturday, October 31, 2026 (Grand Opening)

Location

1F & 2F, La Porte Aoyama, 5-51-8 Jingumae, Shibuya-ku, Tokyo 150-0001

Access

4-minute walk from Exit B2 of Omotesando Station on the Tokyo Metro Ginza, Chiyoda,
and Hanzomon Lines

Business Hours / Holidays

11:00 – 20:00 (Planned) / Irregular holidays

Phone Number

03-6803-8400

Official Instagram

https://www.instagram.com/djihasselblad_tokyo_omotesando/

For details regarding the opening day and related campaigns, please check the store’s official Instagram or DJI’s official social media accounts.
We sincerely look forward to welcoming you to our store.

*Please note that all store images featured in this press release are computer-generated (CG) conceptual renderings. The actual design, layout, and specifications are subject to change without prior notice.

About DJI
Since its founding in 2006, DJI has pioneered the civilian drone industry, driving innovation while empowering individuals to take flight for the first time, turning imagination into reality, and continuously revolutionizing professional video production. Today, DJI strives every day with the goal of promoting human advancement and building a better world. With a solution-oriented mindset and genuine curiosity, DJI has expanded its business into fields such as renewable energy, agriculture, public safety, surveying and mapping, and infrastructure inspection. In each of these areas, DJI products create new value and bring unprecedented, fundamental changes to the lives of people around the world.

www.dji.com/jp  |  facebook.com/dji.jp  |  twitter.com/djijapan  |  youtube.com/DJIJapan  |  instagram.com/dji_japan  |  www.linkedin.com/company/dji

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SOURCE DJI JAPAN

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Shareholder Proposal Support Nudges Up as Proposal Volume Falls, Broadridge ProxyPulse™ Report Finds

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2026 proxy season sees a sharp decline in environmental and social proposals, a 10-year high in say-on-pay support and expanded opportunities for investor participation

NEW YORK, Oct. 22, 2026 /PRNewswire/ — Shareholder support for proposals increased in the 2026 proxy season even as the number of proposals continued to decline, according to the latest ProxyPulse™ report from global Fintech leader Broadridge (NYSE: BR).  Average support for shareholder proposals rose to 27.9% from 24.3% in 2025 with increases in both retail and institutional investor segments.

“The number of environmental and social proposals that were voted on declined by 47% between the 2025 and 2026 proxy seasons,” said Chuck Callan, Senior Vice President of Regulatory Affairs at Broadridge. “At the same time, shareholder support for proposals on disclosing political spending, at 42% on average, rose to a new high. Backing for directors and say-on-pay remained strong, with say-on-pay support hitting a 10-year high.”

Retail Investors Vote More Shares as Participation Options Expand

Retail investors owned 6 billion more shares this season than last and voted 2 billion more of the shares they own. The report also highlights the continued expansion of “voting choice” and digital governance capabilities to expand the options that shareholders have to make their voices heard. More than 900 funds offered pass-through voting in the 12 months ended June 30, 2026, up from approximately 400 a year earlier, with more than 400,000 shareholders enrolled. Companies held a record 2,542 virtual shareholder meetings between July 2025 and June 2026, including more than 200 first-time adopters.

About ProxyPulse™

The 2026 Broadridge ProxyPulse report examines ownership and voting trends across the past five proxy seasons and explores developments shaping corporate governance, including standing voting instructions, voting choice and support for tokenized equities.

ProxyPulse™ is based on Broadridge’s processing of shares held in street name at the 1,000+ broker-dealers and custodian banks it services. Accounts are classified as either “retail” or “institutional” based on the delivery channels and voting platforms they utilize. All data is reported in the aggregate. Comparative information covers annual meetings between January 1 and June 30 in each of the past five years.

About Broadridge

Broadridge (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Broadridge’s technology and operations platforms process and generate over 8 billion communications annually and underpin the daily average trading of over $18 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing approximately 16,000 associates in 28 countries. For more information about us, please visit www.broadridge.com.

Broadridge Contacts:

Investors: broadridgeir@broadridge.com

Media: Gregg.Rosenberg@broadridge.com

 

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SOURCE Broadridge Financial Solutions, Inc.

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UMC and AP Memory Collaborate to Enable Advanced Power Delivery Solutions for AI and HPC Systems

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HSINCHU, Oct. 22, 2026 /PRNewswire/ — United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”) and AP Memory (TWSE: 6531) today announced a technology and manufacturing collaboration to advance power delivery solutions for AI and high-performance computing (HPC) systems. This partnership combines UMC’s deep trench capacitor (DTC) foundry technology and scalable wafer manufacturing with AP Memory’s silicon capacitor designs and system-level integration to address the power efficiency challenges of next-generation data centers.

Rapid scaling of AI workloads is placing unprecedented demands on power delivery within computing systems, driving an architecture shift in data center design from placing power stabilization components on the circuit board to embedding capacitors directly in the interposer or substrate. This innovative approach shortens the power delivery path, improves power integrity, and supports more efficient voltage regulation within advanced packages.

The collaboration reached a significant milestone in the third quarter of 2026, with AP Memory’s S-SiCap™ Gen2D discrete silicon capacitor designs completing tape-out and initial functional validation. The next step is to proceed to comprehensive system-level performance and reliability testing of capacitors in substrate packages, targeting support for a range of capacitance and operating voltage requirements. UMC and AP Memory are also exploring opportunities to extend the collaboration to other product lines including capacitor-embedded interposers and landside capacitors to address diverse system designs.

GC Hung, Senior Vice President of UMC, said: “The growth of AI and HPC is driving a fundamental shift in power delivery – from board-level towards increasingly vertical power integration on the chip-level. UMC is offering robust power delivery solutions, including our DTC technology, which enables high-density capacitance to be placed closer to the computing die for more stable power delivery. By partnering with AP Memory, we are helping to bring scalable solutions to the market to solve the critical power bottleneck challenges as AI infrastructure continues to evolve.”

Ivan Hong, President of AP Memory, said: “The successful tape-out and initial wafer validation of our customized S-SiCap™ products using DTC technology represents an important milestone in demonstrating the flexibility and manufacturability of AP Memory’s S-SiCap™ design. By working with UMC, we are providing our customers a total solution, from product design to wafer manufacturing.”

UMC’s power delivery solutions roadmap covers both discrete and embedded silicon capacitors that can be applied to different system architectures, and extends to active components such as internal voltage regulators. UMC is also leveraging its advanced packaging capabilities to enable higher-density integration of power components to meet the higher voltage and capacitance requirements of next-generation data centers. In parallel, UMC is further investing in new manufacturing capacity to support both power delivery and heterogeneous integration solutions.

About UMC

UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high-quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC’s comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI, BCD etc. Most of UMC’s 12-in and 8-in fabs with its core R&D are located in Taiwan, with additional ones throughout Asia. UMC has a total of 12 fabs in production with combined capacity of more than 400,000 wafers per month (12-in equivalent), and all of them are certified with IATF 16949 automotive quality standard. UMC is headquartered in Hsinchu, Taiwan, plus local offices in United States, Europe, China, Japan, Korea & Singapore, with a worldwide total of 20,000 employees. For more information, please visit: http://www.umc.com.

Note from UMC Concerning Forward-Looking Statements

Some of the statements in the foregoing announcement are forward-looking within the meaning of the U.S. Federal Securities laws, including statements about introduction of new services and technologies, future outsourcing, competition, wafer capacity, business relationships and market conditions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including conditions in the overall semiconductor market and economy; acceptance and demand for products from UMC; and technological and development risks. Further information regarding these and other risks is included in UMC’s filings with the U.S. Securities and Exchange Commission. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About AP Memory

AP Memory (TWSE: 6531) is a global fabless design semiconductor company specializing in customized memory design and IP solutions. Products include IoT memory (IoTRAM™), AI memory solutions (VHM™), and silicon capacitors (S-SiCap™). With strong R&D capabilities, AP Memory is committed to providing high performance, low-power and innovative customized products and solutions for applications such as mobile communication, wearable, IoT, high-end mobile application, high-performance computing, and edge computing.

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SOURCE United Microelectronics Corporation; AP Memory Technology Corp.

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