Betavoltaic Cell Market – Global Industry Size, Share, Trends, Opportunity and Forecasted, 2018-2028 By Isotopes Type (Tritium, Strontium, Krypton, Nickel, Others), By Shape (Rectangular and Cylindrical), By End User Industry (Aerospace, Electronics & Communication, Healthcare, Defense, Others), By Region, By Competition

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Summary

Report Description

Global Betavoltaic Cell Market is anticipated to grow at a steady pace in the forecast period, 2023-2028 and growing at a solid CAGR in the forecast period.

A betavoltaic device, also known as a betavoltaic cell or battery, is a form of nuclear battery that uses semiconductor junctions to convert beta particles (also known as electrons) generated from a radioactive source into electric current. Tritium, an isotope of hydrogen, is a frequent source. Betavoltaic systems employ a non-thermal conversion mechanism, turning the electron-hole pairs created by the ionisation path of beta particles passing a semiconductor, comparing most nuclear power sources, which use nuclear radiation to generate heat which is then used to generate electricity. In low-power electrical applications, such as implanted medical devices or military and space applications, where a longevity of the energy source is required, betavoltaic power sources (and the related technology of alphavoltaic power sources) are particularly compatible.

Betavoltaic power sources for mobile device applications

A stacked design of isotope layers and energy conversion layers is included in a betavoltaic power source for mobile devices and mobile apps. The half-lives of the isotope layers are between 0.5 and 5 years, and they produce radiation with energies ranging from 15 to 200 keV. The betavoltaic power source is set up to deliver enough power to run the portable gadget for the duration of its useful life. So, as the population grows, the need for mobile devices increase due to usage. Consequently, it is anticipated that the betavoltaic cell market would expand in the approaching year and register a significant CAGR in the projection.


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Military & Defense Offer High Market Potential and Implantable Medical Devices Register Remarkable Betavoltaic Cell Consumption

Notable adoption by the healthcare sector has contributed significantly to the market expansion for betavoltaic cells. Betavoltaic batteries have a wide range of useful uses in the fields of surgery and healthcare. The market for implanted medical devices offers several options in addition to cardiac implantables like pacemakers and defibrillators. Several medical device manufacturing firms have shown a preference for creating robust, scalable, portable, low-power devices that rely heavily on betavoltaic cells. The development of in-vivo medication delivery systems, cerebral neurostimulators, intraocular and cochlear implants, and infusion pumps are only a few of the extremely appealing fields. Other possible application areas for betavoltaic battery manufacturers include in-vivo electronic medical tags and brain-to-computer interface systems. Additionally, there are many prospects in the fields of defence and military applications. Betavoltaic cells are anticipated to have a substantial potential application in tamper-proofing military equipment. These cells might effectively power the encryption keys in Realm Programmable Gate Arrays, which is relevant to the field of defence (FPGA).

Nuclear Batteries and Other New Applications for Betavoltaic Cells Continue to encourage interest in research

The industry's biggest problem with nuclear batteries is that they provide energy at a rate that gradually decreases over time. Additionally, if the electricity created is not used, it expires. While this has always been the weak point of betavoltaic cells, manufacturers have had a difficult time upping the power. There has been significant, active research underway on improving the power conversion efficiency of betavoltaic batteries to meet this challenge and unlock the full application potential of these batteries. These cells are increasingly seen as the batteries that will bring a revolutionary change in the tiny device market. Further strengthening R&D initiatives are anticipated to support this transformation in the upcoming years.

In August 2020, the California-based NDB company released a nuclear battery that can recharge on its own. The battery supposedly lasts an astounding 28,000 years especially with the carbon-14 nuclear waste that has been encapsulated in an artificial diamond casing. According to NDB, the battery can power a variety of gadgets, including electric cars, cameras, drones, cellphones, other mobile devices, household appliances, and medical devices.

A company founded by University of Bristol academics presented a revolutionary strategy to produce nuclear diamond betavoltaic batteries in September 2020. A device's lifespan might possibly reach decades because of energy-efficient (diamond-based) betavoltaic battery technology that Arkenlight Limited is working to commercialise. The idea behind this diamond betavoltaic battery is to turn the radioactive waste carbo-14 into a self-sustaining energy source. These batteries may eventually replace the necessity of the need for charging in directly powered devices. .

Market Segmentation

The Global Betavoltaic Cell Market is divided by isotopes type, shape, and end user industry. Based on Isotopes Type, the market is divided into Tritium, Strontium, Krypton, Nickel, and Others. Based on Shape, the market is segmented into Rectangular and Cylindrical. Based on End User Industry, the market is divided into Aerospace, Electronics & Communication, Healthcare, Defense, and Others.

Market Players

Major market players in the Global Betavoltaic Cell Market are Widetronix Inc, Qynergy Corporation, City Labs Inc, BetaBatt Inc, Arkenlight, Direct Kinetic Solutions, and NDB Inc.

Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

Isotopes Type

Shape

End User Industry

Regional scope

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Key companies profiled

Widetronix Inc, Qynergy Corporation, City Labs Inc, BetaBatt Inc, Arkenlight, Direct Kinetic Solutions, and NDB Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 Report Scope:

In this report, the Global Betavoltaic Cell Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Global Betavoltaic Cell Market, By Isotopes Type:

o   Tritium

o   Strontium

o   Krypton

o   Nickel

o   Others

·         Global Betavoltaic Cell Market, By Shape:

o   Rectangular

o   Cylindrical

·         Global Betavoltaic Cell Market, By End User Industry:

o   Aerospace

o   Electronics & Communication

o   Healthcare

o   Defense

o   Others

·         Global Betavoltaic Cell Market, By Region:

o   Asia-Pacific

o   North America

o   Europe

o   Middle East & Africa

o   South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Betavoltaic Cell Market.

Available Customizations:

Global Betavoltaic Cell market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Betavoltaic Cell Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on the Global Betavoltaic Cell Market

4.    Executive Summary

5.    Voice of Customers

5.1.1.    Brand Awareness

5.1.2.    Factors Considered for Choosing Global Betavoltaic Cell Market.

5.1.3.    Major Challenges Related to Global Betavoltaic Cell Market.

6.    Global Betavoltaic Cell Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Isotopes Type (Tritium, Strontium, Krypton, Nickel, and Others)

6.2.2.    By Shape (Rectangular and Cylindrical)

6.2.3.    By End User Industry (Aerospace, Electronics & Communication, Healthcare, Defense and Others)

6.2.4.    By Region

6.2.5.    By Company (2022)

7.    Asia-Pacific Betavoltaic Cell Market Outlook

7.1. Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Isotopes Type

7.2.2.    By Shape   

7.2.3.    By End User Industry

7.2.4.    By Country

7.3. Asia-Pacific: Country Analysis

7.3.1.    China Betavoltaic Cell Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Isotopes Type

7.3.1.2.2.           By Shape

7.3.1.2.3.           By End User Industry

7.3.2.    Japan Betavoltaic Cell Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Isotopes Type

7.3.2.2.2.           By Shape

7.3.2.2.3.           By End User Industry

7.3.3.    India Betavoltaic Cell Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Isotopes Type

7.3.3.2.2.           By Shape

7.3.3.2.3.           By End User Industry

7.3.4.    South Korea Betavoltaic Cell Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Isotopes Type

7.3.4.2.2.           By Shape

7.3.4.2.3.           By End User Industry

7.3.5.    Australia Betavoltaic Cell Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Isotopes Type

7.3.5.2.2.           By Shape

7.3.5.2.3.           By End User Industry

8.    North America Betavoltaic Cell Market Outlook

8.1. Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Isotopes Type      

8.2.2.    By Shape

8.2.3.    By End User Industry

8.2.4.    By Country

8.3. North America: Country Analysis

8.3.1.    United States Betavoltaic Cell Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Isotopes Type

8.3.1.2.2.           By Shape

8.3.1.2.3.           By End User Industry

8.3.2.    Canada Betavoltaic Cell Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Isotopes Type

8.3.2.2.2.           By Shape

8.3.2.2.3.           By End User Industry

8.3.3.    Mexico Betavoltaic Cell Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Isotopes Type

8.3.3.2.2.           By Shape

8.3.3.2.3.           By End User Industry

9.    Europe Betavoltaic Cell Market Outlook

9.1. Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Isotopes Type      

9.2.2.    By Shape 

9.2.3.    By End User Industry

9.2.4.    By Country

9.3. Europe: Country Analysis

9.3.1.    Germany Betavoltaic Cell Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Isotopes Type

9.3.1.2.2.           By Shape

9.3.1.2.3.           By End User Industry

9.3.2.    United Kingdom Betavoltaic Cell Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Isotopes Type

9.3.2.2.2.           By Shape

9.3.2.2.3.           By End User Industry

9.3.3.    France Betavoltaic Cell Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Isotopes Type

9.3.3.2.2.           By Shape

9.3.3.2.3.           By End User Industry

9.3.4.    Spain Betavoltaic Cell Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value & Volume

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Isotopes Type

9.3.4.2.2.           By Shape

9.3.4.2.3.           By End User Industry

9.3.5.    Italy Betavoltaic Cell Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value & Volume

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Isotopes Type

9.3.5.2.2.           By Shape

9.3.5.2.3.           By End User Industry

10. Middle East & Africa Betavoltaic Cell Market Outlook

10.1.  Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Isotopes Type      

10.2.2. By Shape

10.2.3. By End User Industry

10.2.4. By Country

10.3.  Middle East & Africa: Country Analysis

10.3.1. Saudi Arabia Betavoltaic Cell Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Isotopes Type

10.3.1.2.2.         By Shape

10.3.1.2.3.         By End User Industry

10.3.2. UAE Betavoltaic Cell Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Isotopes Type

10.3.2.2.2.         By Shape

10.3.2.2.3.         By End User Industry

10.3.3. South Africa Betavoltaic Cell Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Isotopes Type

10.3.3.2.2.         By Shape

10.3.3.2.3.         By End User Industry

11. South America Betavoltaic Cell Market Outlook

11.1.  Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Isotopes Type

11.2.2. By Shape 

11.2.3. By End User Industry

11.2.4. By Country

11.3.  South America: Country Analysis

11.3.1. Brazil Betavoltaic Cell Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value & Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Isotopes Type

11.3.1.2.2.         By Shape

11.3.1.2.3.         By End User Industry

11.3.2. Argentina Betavoltaic Cell Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value & Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Isotopes Type

11.3.2.2.2.         By Shape

11.3.2.2.3.         By End User Industry

11.3.3. Colombia Betavoltaic Cell Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value & Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Isotopes Type

11.3.3.2.2.         By Shape

11.3.3.2.3.         By End User Industry

12.  Market Dynamics

12.1. Drivers

12.1.1. High Demand for Alternative Power Supply

12.1.2. Compact and Small Size of the Cells

12.1.3. Increasing Investments in the Space Industry

12.2. Challenges

12.2.1. High Costs, Limited Availability and Regulatory Concerns

12.2.2. Shortage of raw material

12.2.3. Disruption in the supply chain

13. Market Trends & Developments

13.1.   Increasing Conversion Efficiency of Betavoltaic Cells

13.2.   Increasing use in the space industry

13.3.   Increasing investment by various governments across the globe in R&D Activities

13.4.   Technological Advancement

13.5.   Government Initiatives

13.6.   Merger & Acquisitions

14. Policy & Regulatory Landscape

15. PORTER Analysis

16. Company Profiles

16.1.             Widetronix Inc

16.1.1. Business Overview

16.1.2. Key Revenue and Financials (If Available)

16.1.3. Recent Developments

16.1.4. Key Personnel

16.1.5. Key Product/Services

16.2.             Qynergy Corporation

16.2.1. Business Overview

16.2.2. Key Revenue and Financials (If Available)

16.2.3. Recent Developments

16.2.4. Key Personnel

16.2.5. Key Product/Services

16.3.             City Labs Inc

16.3.1. Business Overview

16.3.2. Key Revenue and Financials (If Available)

16.3.3. Recent Developments

16.3.4. Key Personnel

16.3.5. Key Product/Service

16.4.             BetaBatt Inc

16.4.1. Business Overview

16.4.2. Key Revenue and Financials (If Available)

16.4.3. Recent Developments

16.4.4. Key Personnel

16.4.5. Key Product/Service

16.5.             Arkenlight

16.5.1. Business Overview

16.5.2. Key Revenue and Financials (If Available)

16.5.3. Recent Developments

16.5.4. Key Personnel

16.5.5. Key Product/Services

16.6.             Direct Kinetic Solutions

16.6.1. Business Overview

16.6.2. Key Revenue and Financials (If Available)

16.6.3. Recent Developments

16.6.4. Key Personnel

16.6.5. Key Product/Services

16.7.             NDB Inc

16.7.1. Business Overview

16.7.2. Key Revenue and Financials (If Available)

16.7.3. Recent Developments

16.7.4. Key Personnel

16.7.5. Key Product/Services

17. Strategic Recommendations

17.1.   Key focus on North America Region

17.2.   Key focus towards Isotopes Type

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Widetronix Inc, Qynergy Corporation, City Labs Inc, BetaBatt Inc, Arkenlight, Direct Kinetic Solutions, and NDB Inc. one of the leading players in the Global Betavoltaic Cell Market.

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A betavoltaic device is a kind of nuclear battery that uses semiconductor junctions to convert beta particles released by a radioactive source into an electrical current.

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High Demand for Alternative Power Supply, Compact and Small Size of Cells, and Increasing Investments in the Space Industry are the major advantages of the Global Betavoltaic Market.

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High Costs, Limited Availability, Regulatory Concerns, and shortage of raw materials & disruption in the supply chain are the major challenges faced by the Global Betavoltaic Cell Market.

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Parvati Sharma

Account Manager BD
Press Release

Betavoltaic Cell Market Expected to Grow at Strong CAGR through 2028

Jan, 2023

Compact and small-sized cells and rising investments in the space industry are the factors driving the global betavoltaic cell market.

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