Lithium-Air Battery Market

Lithium-Air Battery Market by End-User (Automotive, Consumer Electronics, Energy Storage, and Other Applications) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-1122
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 175
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The lithium-air battery market market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand of sustainable energy and growth of sustainable energy source. Lithium-air batteries are the advanced light-weight batteries. They are metal-air batteries which form an electrochemical cell and work on redox reaction; oxidation of the lithium metal followed by reduction of oxygen produces the current flow. These batteries are used in the medical, automotive, electronics, defense and military, and marine industries and in power backup systems is fueling the growth of the market. Various batteries are used as per their application requirements. Manufacturers are conducting extensive research in order to develop batteries that have longevity, low weight, density, high-power and low cost of production, without compromising on the performance of the end product. Creating eco-friendly products is boosting the global batteries market. Batteries are essential equipment in households as well as in industries; thus, the demand for batteries is everlasting. Technological advancements ensure the continuous development of new equipment and gadgets that require batteries; this is estimated to create high demand for battery materials in coming years.
 

Lithium-Air Battery Market Key Takeaways


The Covid-19 pandemic had an adverse impact on the lithium-air battery market. The production and supply in the market has been on halt owing to lockdown; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing demand of lithium-air battery in the automotive industry, especially in the hybrid and electric vehicles is expected to drive the market.
  • Characteristics such as low weight and compact size are estimated to propel the market during the forecast period.
  • Rise in demand for electric vehicles and improvement in manufacturing processes are the key factors propelling lithium-air batteries market
  • Rising application of lithium-air battery in electronic, electrical, industrial equipment are projected to spur the market
  • R&D investment and technological advancement in lithium-air battery market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on lithium-air battery market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Lithium-Air Battery Market –Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

End-User (Automotive, Consumer Electronics, Energy Storage, and Other Applications)

Regions

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Mullen Technologies, Inc, Tesla, Inc., and Poly Plus Battery Co

 

Market Segment insights

The automotive segment is projected to constitute a large market share
Based on end user, the lithium-air battery market is segregated into automotive, consumer electronics, energy storage, and other applications. The automotive segment is expected to account for a key share of the market during the forecast period owing to the rising demand from electric vehicles. The standard lithium-ion batteries provide a driving range of approximately 100 miles on a single charging cycle. They are, therefore, considered to be expensive in the manufacturing of an electric vehicle. Therefore, the innovative and new lithium-air batteries have been gaining traction in the automotive industry on account of high-performance features provided at a cheaper cost.
 

Lithium-Air Battery Market By end Users


North America is expected to dominate the market
In terms of regions, the market is broadly classified into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is anticipated to expand at a robust CAGR during the forecast period. The developing automotive industry in the regions wherein lithium-air batteries are predominantly used in electric and hybrid cars is expected to drive the market growth in near future. Furthermore, adoption of electric vehicles in countries such as the U.S., Germany, Denmark, the Netherlands, France, and Finland is projected to create high demand for lithium-air batteries.
 

Lithium-Air Battery Market by Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium-Air Battery Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Lithium-Air Battery Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Lithium-Air Battery Market - Supply Chain
  4.5. Global Lithium-Air Battery Market Forecast
     4.5.1. Lithium-Air Battery Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Lithium-Air Battery Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Lithium-Air Battery Market Absolute $ Opportunity
5. Global Lithium-Air Battery Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Lithium-Air Battery Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Lithium-Air Battery Demand Share Forecast, 2019-2026
6. North America Lithium-Air Battery Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Lithium-Air Battery Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Lithium-Air Battery Demand Share Forecast, 2019-2026
7. Latin America Lithium-Air Battery Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Lithium-Air Battery Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Lithium-Air Battery Demand Share Forecast, 2019-2026
8. Europe Lithium-Air Battery Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Lithium-Air Battery Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Lithium-Air Battery Demand Share Forecast, 2019-2026
9. Asia Pacific Lithium-Air Battery Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Lithium-Air Battery Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Lithium-Air Battery Demand Share Forecast, 2019-2026
10. Middle East & Africa Lithium-Air Battery Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Lithium-Air Battery Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Lithium-Air Battery Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Lithium-Air Battery Market: Market Share Analysis
  11.2. Lithium-Air Battery Distributors and Customers
  11.3. Lithium-Air Battery Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Mullen Technologies, Inc
     11.4.2. Tesla, Inc.
     11.4.3. Poly Plus Battery Co

Segments Covered in the Report
The lithium-air battery market has been segmented on the basis of:-

End-User

  • Automotive
  • Consumer Electronics
  • Energy Storage
  • Other Applications

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Companies

  • Mullen Technologies, Inc
  • Tesla, Inc.
  • Poly Plus Battery Co

Key players competing in the lithium-air battery market include Mullen Technologies, Inc, Tesla, Inc., and Poly Plus Battery Co.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
 

Lithium-Air Battery Market By Key Players

 

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