Speaking about the energy storage market, Holzinger said she sees the space growing in the future. In fact, Lux Research expects the market to grow from US$30 to US$35 billion in 2016 to more than US$100 billion in 2020.
“The energy storage market is driven mostly by mobility and stationary storage at the moment, although consumer electronics is where it all started,” she said.
She also shared an insight on solid-state batteries and why she believes this type of battery is the future.
Ilika plc (LON: IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade, including in automotive, aeronautical and electronic components sectors. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.
By applying that heritage of patented materials invention, the company has developed ground-breaking solid state battery technology to meet the specific demands of a wide range of applications in the Internet of Things (IoT). Ilika is now licensing its battery technology IP to partners for IoT sensors for the Smart Home/Building; Medical; Automotive and Transportation sectors around the world.