Press release
Lithium-air Battery Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031
Lithium-air battery market is anticipated to grow at a CAGR of 7.2% during the forecast period. Considering recent developments, Lithium-air batteries represent a significant advancement in energy storage technology, in various sectors such as electric vehicles (EV), aircraft, and grid power. Unlike traditional lithium-ion batteries, which rely on internal metal oxides, lithium-air batteries utilize atmospheric oxygen, theoretically providing 5 to 10 times higher energy density. This growth in capacity addresses the growing demand for energy in a variety of applications, including renewable energy integration, grid modernization, and sustainable transportation. Additionally, the environmental advantages of lithium-air batteries, such as the use of non-toxic materials and the potential for closed-loop operation, are contributing to its further market growth.Get Free Sample link @ https://www.omrglobal.com/request-sample/lithium-air-battery-market
Among the techniques, the automotive industry contributes the highest share in the global lithium-air battery market. Lithium-air batteries present the potential for higher energy densities compared to current lithium-ion batteries, with theoretical capacities that could potentially double or triple the driving range of electric vehicles which is a major problem among EV automakers and consumers. The global EV market is growing significantly, leading to an increased demand for improved batteries, eventually driving the progression of lithium-air technology. Major automotive manufacturers and research institutions are heavily investing in battery technology, with initiatives such as IBM's Battery 500, which targets a 500-mile electric vehicle range, focusing on the improvements of energy density, an area where lithium-air displays considerable promise.
full report of Lithium-air Battery Market available @ https://www.omrglobal.com/industry-reports/lithium-air-battery-market
Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Lithium Air Battery Market by Type
Aprotic
Aqueous
Solid-state
Mixed aqueous-aprotic
Global Lithium Air Battery Market by End-user
Automotive
Consumer Electronics
Energy Storage
Other(Aerospace and Defense, Medical Devices)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Company Profiles
Baker Hughes Company
Contemporary Amp Technology
EV Express, Inc.
Fuji Pigment Co. Ltd.
Lithium Air Industries Inc.
MTI Corporation
PolyPlus Battery Company (PPBC)
Robert Bosch GmbH
Samsung Advanced Institute of Technology (SAIT)
Shenzhen Beide New Energy Technology Co., LTD
Sion Power Corporation
The Report Covers
Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the lithium air battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lithium-air-battery-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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