Global Lithium-Air Batteries Market Size Is Predicted To Rise At CAGR of over 10% during the forecast period

Global Lithium Air Batteries Market with Size and Emerging Trends 2022, Top Key Players Updates, Competitive Dynamics, Industry Segmentation & Forecast to 2028

SUITE N202, NEW YORK, UNITED STATES, December 8, 2022 /EINPresswire.com/ -- The global lithium-air batteries market¹ Size is projected to grow with a high CAGR of 10% during the forecast period. The report analyzes the lithium-air battery market’s drivers, challenges, and impact on demand during the forecast period. Additionally, the report will help navigate and grab emerging opportunities in the lithium-air batteries market.

The lithium-air battery is also called a lithium-oxygen battery. It is a battery that generates power with the help of the lithium oxidation process. In comparison to standard lithium-ion batteries, it offers the combined benefits of both oxygen and lithium, offering around 5 to 15 times the energy along with three times more power.

Browse through 29 Market Tables and 20 Figures spread through 110 Pages and in-depth TOC on "Global Lithium-Ion Battery Market: By Type, Application, Size, Share, Analysis and Forecast 2022– 2028”.

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These are a kind of metal-air battery that works on the process of redox in which current is generated with the help of oxidation of lithium metal and reduction of oxygen. These batteries find a large number of applications in marine, electronics, military, defense, medical, and automotive. It has emerged as vital equipment in both industrial and household appliances.

The global lithium-air batteries market is likely to spur significantly in the forthcoming year due to the surge in the need to lower imported oil and emissions. However, it has led to the development of electric cars, thereby expanding the scope of lithium-air batteries exponentially. The growing use of sophisticated industrial applications like robots and drones is likely to create several lucrative growth opportunities in the global lithium-air batteries market. Equipment like aerial drones, mobile robots, and underwater robots are powered by a new lithium-air battery. However, the battery also helps in perceiving and modifying data in unreachable locations.

The high penetration rate of smart gadgets like phones and watches is likely to further fuel the demand for lithium-air batteries globally. Manufacturers are driving research and development activities to innovate batteries with low cost of production, high power density, longevity, and lightweight without compromising the performance of the battery.

Additionally, manufacturers are looking for ways to develop eco-friendly products due to the rising concerns regarding environmental health. Manufacturers and big organizations are investing heavily in the continuous development of equipment and gadgets, thereby propelling demand for lithium-air batteries in the near future.

Furthermore, the high cost of lithium-ion batteries and limited storage capacity is likely to emerge as another key factor for increasing the customer base for lithium-air batteries. Government initiatives to encourage electric vehicles and smart transportation will pave the positive trajectory for the growth of the global market in the forthcoming years.

Browse the full “Lithium-Air Batteries Market By Type (Aprotic Li-Air Batteries, Aqueous Li-Air Batteries, Mixed Aqueous/Aprotic, And Solid-State Li-Air Batteries), And Application (Automotive & Transportation, Consumer Electronics, Medical Devices, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/lithium-air-batteries-market

The global lithium-air batteries market can be segmented into application, type, and region.

By application, the market can be segmented into medical devices, consumer electronics, automobiles, transportation, and others. The automotive sector holds the largest share in the global market due to the rising trend of electric vehicles globally. Furthermore, the growing government initiatives to encourage the adoption of electric vehicles and smart transportation will further complement the growth of the segment in the forthcoming years.

By type, the market can be segmented into solid-state, mixed aqueous, aqueous, and other lithium-air batteries. The solid-state lithium-air battery segment accounts for the largest share in the global market due to its requirement for less space and higher theoretical air density. Additionally, the solid-state lithium-air battery poses the least risk of fire explosion.

North America accounts for the largest share in the global lithium-air batteries market due to the high penetration rate of lithium-ion batteries in different end-user sectors in the region. The high adoption rate of smart home appliances, smart wearables, and smartphones in the region will further pave the way for huge opportunities in the regional market. Additionally, the growing awareness among people regarding the benefits of electric vehicles is further likely to propel the demand for lithium-air batteries in the region.


Asia Pacific is another leading region in the global market due to the growing disposable income of the people in the region.

Some of the significant players in the global lithium-air batteries market include

Mullen Technologies Inc.
Tesla, Inc.
PolyPlus Battery Co.

Recent developments:

Zinc8 Energy Solution in April 2021 introduced a battery technology for energy storage. It worked in collaboration with New York State for the installation of the technology. The system makes use of air and zinc as fuel to focus on enhancing the speed of response and storage.
Attero, an e-waste recycling firm, reveals its plan to invest INR 300 crore in a bid to enhance its current lithium-ion battery recycling capacity by 11 times.
Global lithium-air batteries market is segmented as follows:

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By Application

Automotive
Consumer Electronics
Energy Storage
Other Applications
Global Lithium-Air Battery

By Type

Aprotic Li-Air Battery
Aqueous Li-Air Battery
Mixed Aqueous/ Aprotic Li-Air Battery
Solid State Li-Air Battery

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By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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FREQUENTLY ASKED QUESTIONS

What was the value of the global Lithium-Air Batteries Market in 2020?
What will be the size of the global Lithium-Air Batteries Market in 2028?
What are the key factors driving the global Lithium-Air Batteries Market growth?
Which region will make notable contributions to the global Lithium-Air Batteries Market?
Who are the major companies operating in the global Lithium-Air Batteries Market?

What’s included In the Report?

Top Market Players with Sales, Revenue, and Business Strategies Analysis
Market Growth Drivers and Restraints
Market Opportunities & Challenges
Research Methodology
Analysis of the market of various perspectives

Table Of Content

Chapter 1 Preface

1.1 Report description
1.1.1 Objective
1.1.2 Target Audience
1.1.3 Unique Selling Proposition (USP) & Offerings
1.2 Research scope
1.3 Market Research Methodology
1.3.1 Level 1: Primary Research
1.3.2 Level 2: Secondary Research
1.3.3 Level 3: Data Validation and Expert Panel Assessment

Chapter 2 Executive Summary

2.1 Global Lithium air batteries Market, 2014 - 2022 (USD Million)
2.2 Global Lithium air batteries Market: Snapshot

Chapter 3 Lithium air batteries – Industry Analysis
3.1 Introduction
3.1.1 Classification of Lithium air batteries
3.2 Key Trend Analysis
3.3 Market drivers
3.3.1 Growing demand for smart devices
3.3.2 Increase in demand for electric vehicles
3.3.3 Development towards enhancement of lithium air batteries
3.4 Restraints
3.4.1 Improvement to battery capacity
3.5 Opportunities
3.5.1 High Demand from emerging economies
3.6 Porter’s five forces analysis
3.7 Attractive Investment Proposition
3.7.1 Market attractiveness analysis by Type
3.7.2 Market attractiveness analysis by Application
3.7.3 Market attractiveness analysis by Region

Chapter 4 Competitive Landscape

4.1 Company Market Share Analysis (Subject To Data Availability)
4.1.1 Global Lithium Air Batteries Market: Company market share, 2016
4.2 Price trend analysis (2014-2022)
4.3 Potential Buyers of Lithium air batteries
4.4 Strategic Development
4.4.1 Acquisitions & mergers
4.4.2 New product launch
4.4.3 Agreements, partnerships, collaborations and joint ventures
4.4.4 Research and development, product and regional expansion

Chapter 5 Lithium Air Batteries Market – Type Analysis
5.1 Global Lithium air batteries Market Overview: By Type
5.1.1 Global Lithium air batteries market share, by type, 2016 & 2022
5.2 Conventional Lithium Air Batteries
5.2.1 Overview
5.2.2 Global Conventional Lithium Air Batteries market, 2014 – 2022 (USD Million)
5.3 Nano Lithium Air Batteries
5.3.1 Overview
5.3.2 Global Nano Lithium Air Batteries market, 2014 – 2022 (USD Million)

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