Lithium-Sulphur Battery Market Global Report 2021: Market Size and Its Emerging Opportunities by 2026

According to MarkNtel Advisors' research report, the Global Lithium-Sulphur Battery Market is likely to grow at a CAGR of 72% in the forecast period of 2021-26. The constantly propelling demand for Lithium-Sulphur batteries among various end-users is because they are an environment-friendly and viable alternative to Lithium-ion batteries. Moreover, the rapidly increasing investments toward electric vehicles by prominent market players & governments across different nations to combat the surging carbon emissions from the transport sector and the growing requirements for batteries in energy storage systems are also likely to drive the market in the coming years.

Key Questions Answered in the Study
1. What are the current and future trends in the Global Lithium-Sulphur Battery Market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Lithium-Sulphur Battery Market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Lithium-Sulphur Battery Market service providers across various regions?

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Automotive to Witness the Fastest Growth During 2021-26

Based on Application, the Global Lithium-Sulphur Battery Market segments into Aviation, Automotive, Electronics, Power Sector, Manufacturing, and Others. Here, the Automotive sector is likely to display the fastest growth in the forecast period. It owes to the battery-driven vehicles, being prominent consumers of lithium batteries, propelling their demand significantly. Besides, the Automotive sector is actively establishing numerous plants & production units across the globe for a better supply chain & easy availability and building lucrative opportunities for market players in the forecast period. All these factors are likely to lead the Automotive sector to attain the fastest growth in the forecast period.

"Global Lithium-Sulphur Battery Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Lithium-Sulphur Battery providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

North America Dominated the Global Lithium-Sulphur Battery Market

The Global Lithium-Sulphur Battery Market is expanding exponentially worldwide, where North America dominated the market with the largest share in recent years. The region is likely to continue its dominance in the forecast years, primarily due to the abundant presence of prominent market players in the US and the active participation by governments toward providing flexible regulations and availability of Lithium-Sulphur batteries in the region.

For detailed analysis: https://www.marknteladvisors.com/research-library/global-lithium-sulphur-battery-market.html

Besides, the massive demand from numerous end-users, such as aviation & automotive, is another crucial aspect further propelling the market growth in North America. Therefore, with such supporting factors, the region shall attain the largest share in the forecast period and contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, "Global Lithium-Sulphur Battery Market Analysis, 2021."

According to MarkNtel Advisors, the leading players in the Global Lithium-Sulphur Battery Market are 123 Systems LLC, Automotive Energy Supply Corporation, GS Yuasa International Ltd., Hitachi Chemical Co., Ltd., Johnson Controls International PLC, LG Chem Ltd., Panasonic Corporation, Samsung SDI Co., Ltd., Tesla, Inc., Toshiba Corporation.

Market Segmentation:
1. By Application (Aviation, Automotive, Electronics, Power Sector, Manufacturing, Others)
2. By Sales Channel (Manufacturer, Aftermarket)
3. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)
4. By Countries (US, Canada, Mexico, Brazil, Chile, Argentina, Germany, France, UK, Russia & CIS South Africa, Nigeria, UAE, Saudi Arabia, Kuwait, Qatar, China, India, Southeast Asia, Japan, Others)
5. By Competitors (123 Systems LLC, Automotive Energy Supply Corporation, GS Yuasa International Ltd., Hitachi Chemical Co., Ltd., Johnson Controls International PLC, LG Chem Ltd., Panasonic Corporation, Samsung SDI Co., Ltd., Tesla, Inc., Toshiba Corporation)

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MarkNtel Advisors
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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.