A number of new generation batteries are expected to make an entry in the worldwide transportation as well the stationary grid tied energy storing markets as the R&D units of various companies look towards exceeding the safety of Lithium ion batteries at lower prices. These batteries which are mostly not available commercially are Lithium solid state and Lithium sulfur chemistries.
In this context the Lithium Sulfur batteries offer good theoretical capacities and high energy densities but several challenges persist which hamper their practical application. The market penetration globally is estimated at around 7 to 8% percent when it comes to the transportation and energy storage sector within the year 2025.
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To describe the market dynamics of next generation advanced batteries one has to keep in mind that their evolution occurs alongside a tremendous surge in the world demand for evolved energy storage equipments and devices. This will include, increasingly, consumer electronics, energy storage as well as electric vehicles.
The other thing to be kept in mind is that the cycle life as well as the stability of lithium ion batteries is limited by unfavorable reactions occurring between the electrolyte and the electrodes. In fact as per estimates in about five years established Li-ion technology companies will be equipied to add such technologies in their value chain
The market for next generation advanced batteries can be segmented on the basis of regions – North America, Asia Pacific, South America, Africa , Middle East and Europe; on the basis of type – Lithium Sulfur, Metal -Air, Ultra capacitors, Magnesium Ion, Solid Electrodes and also on the basis of transportation as transportation, consumer electronic and energy storage.
Regional/ Geographic Analysis:-
Geographically speaking Asia Pacific has taken major strides when it comes to the evolution of technology in the battery space especially in case of countries like China which have facilitated the growth of this industry to a large extent. Following very closely has been North America and Europe where growth is expected to surge in coming years.
The major manufacturers are – Pathion, Polyplus, Sion Power, ohm Technologies, 24M, Phinergy, Amprius, Lockheed Martin, Seeo, Maxwell, ESS and GS Yuasa, Sakti3, Watt Joule, Solid Power.
Report Contents Regional Analysis Report Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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