Global Lithium-Air Battery Market Report Size, Trends & Growth Opportunity , By Industry (Automotive, Consumer Electronic, Energy Storage, Others), By Type (Aprotic Lithium-air batteries, Aqueous Lithium-air batteries, Mixed aqueous/aprotic, Solid state Lithium-air batteries) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Global Lithium-Air Battery Market
The Global Lithium Air Battery Market has a value of USD 58 Billion in 2021 and is anticipated to increase at an 11.16 % CAGR from 2022 to 2027 to reach USD 109.43 Billion.
The lithium-air battery (also known as the Li-air battery) is an electrochemical cell that typically relies on either non-aqueous or aqueous electrolytes and employs an anode made of pure lithium metal and a cathode that is based on ambient air to induce the passage of a current. In a Li-air battery, the anode and cathode are based on oxidation and a reduction reaction, respectively.
Market Drivers
The primary driver of market growth is the rapid adoption of Li-air batteries in automotive and consumer electronics applications. Increasing demand for technologically advanced and lightweight battery solutions, the growing importance of Lithium-air batteries in the medical, marine, military, and defence industries, as well as in power backup systems, the increasing introduction of advanced technology-based battery-powered devices, the growing trend of hybrid and electric vehicles around the world, and the increasing use of Li-air batteries for grid backup applications are expected to drive market growth during the forecast period.
Market Restraints
The need for additional expensive components, the availability of alternative battery solutions or technology, and challenges such as poor chemical stability are major impediments to market growth.
Market Segmentation
The Global Lithium-Air Battery Market is segmented into Industry (Automotive, Consumer Electronic, Energy Storage, Others), Type (Aprotic Lithium-air batteries, Aqueous Lithium-air batteries, Mixed aqueous/aprotic, Solid-state Lithium-air batteries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
Throughout the projection period, North America is anticipated to continue to rule the market. The main drivers of the market expansion in the region are the US and Canada. The expansion is linked to the region's expanding use of Li-air batteries in the automobile sector. The expansion of the market in the NA region is being driven by an expanding market for the automotive sector, rising production and sales of automobiles, escalating demand for hybrid and electric vehicles, and rising expenditure in research and development activities in the field of Li-air batteries.
Throughout the forecast period, fast growth is anticipated in the Asia Pacific area. It is anticipated that the economies of China, India, Japan, and South Korea would help the market expand. Major factors driving the market growth during the forecast period include rising industrialization, expanding consumer electronics and automotive markets, rising adoption of handheld or portable electronics products, rising awareness of electric vehicles, and rising government initiatives and investments in the electronics sector to boost the nation's economy.
Key Players
The Key Players in the Global Lithium Air Battery Market are Lithium Air Industries, Inc., PolyPlus, Mullen Technologies, LG Chem, Tesla, eCobalt Solutions, BYD, Samsung, Johnson Controls, and Contemporary Amperex Technology.
Market Taxonomy
Industry
• Automotive
• Consumer Electronic
• Energy Storage
• Others
Type
• Aprotic Lithium-air batteries
• Aqueous Lithium-air batteries
• Mixed aqueous/aprotic
• Solid state Lithium-air batteries
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Lithium Air Battery Market
1 Introduction
1.1 Objective the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Lithium Air Battery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Lithium Air Battery Market, By Industry
5.1 Y-o-Y Growth Comparison, By Industry
5.3 Global Lithium Air Battery Market Share Analysis, By Industry
5.3 Global Lithium Air Battery Market Size and Forecast, By Industry
5.3.1. Automotive
5.3.2. Consumer Electronic
5.3.3. Energy Storage
5.3.4. Others
6 Global Lithium Air Battery Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Lithium Air Battery Market Share Analysis, By Type
6.3 Lithium Air Battery Market Size and Forecast, By Type
6.3.1 Aprotic Lithium -air batteries
6.3.2 Aqueous Lithium - air batteries
6.3.3 Mixed aqueous/aprotic
6.3.4 Solid state Lithium -air batteries
7 Global Lithium Air Battery Market, By Region
7.1 Global Lithium Air Battery Market Share Analysis, By Region
7.2 Global Lithium Air Battery Market Size and Forecast, By Region
8 North America Lithium Air Battery Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Lithium Air Battery Market Size and Forecast, By Industry
8.3 North America Lithium Air Battery Market Size and Forecast, By Type
8.4 North America Lithium Air Battery Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Lithium Air Battery Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Lithium Air Battery Market Share Analysis, By Industry
9.3 Europe Lithium Air Battery Market Size and Forecast, By Type
9.4 Europe Lithium Air Battery Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Lithium Air Battery Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Lithium Air Battery Market Share Analysis, By Industry
10.3 Asia Pacific Lithium Air Battery Market Size and Forecast, By Type
10.4 Asia Pacific Lithium Air Battery Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Lithium Air Battery Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Lithium Air Battery Market Share Analysis, By Industry
11.3 Latin America Lithium Air Battery Market Size and Forecast, By Type
11.4 Latin America Lithium Air Battery Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Lithium Air Battery Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Lithium Air Battery Market Share Analysis, By Industry
12.3 Middle East Lithium Air Battery Market Size and Forecast, Type
12.4 Middle East Lithium Air Battery Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Lithium Air Industries, Inc
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. PolyPlus
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Mullen Technologies
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 LG Chem
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Tesla
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 E Cobalt Solutions
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 BYD
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Samsung
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Johnson Controls
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Contemporary Amperex Technology
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
