The lithium-sulfur battery market is forecasted to grow by USD 3921.9 mn during 2023-2028, accelerating at a CAGR of 44.97% during the forecast period. The report on the lithium-sulfur battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by harmful usage of lead batteries leads to higher adoption of li-s batteries, stringent government regulations on emissions, and need to improve flying time in drones.
Technavio's lithium-sulfur battery market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
34.37%
CAGR
44.97%
Incremental Value
$3921.9mn
By Type
High energy density
Low energy density
By End-user
Aviation
Automotive
Others
By Geography
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the use of nanotechnology in batteries as one of the prime reasons driving the lithium-sulfur battery market growth during the next few years. Also, increasing deployment of microgrids and rising number of vendors and collaborations for research and development will lead to sizable demand in the market.
The report on the lithium-sulfur battery market covers the following areas:
Lithium-sulfur battery market sizing
Lithium-sulfur battery market forecast
Lithium-sulfur battery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium-sulfur battery market vendors that include Bettergy Corp., CIC energiGUNE, Gelion Technologies Pty Ltd., Giner Inc., Guang Dong Fullriver Industry Co. Ltd., Ilika, Iolitec Ionic Liquids Technologies GmbH, LG Chem Ltd., Li-S Energy Ltd., Lyten Inc., Merck KGaA, NexTech Batteries, Poly Plus Battery Co., Rechargion Energy Pvt. Ltd., Shenzhen Uscender Industrial Co. Ltd., Sion Power Corp., Solid State PLC, TRU Group Inc., VTC Power Co. Ltd., and Zeta Energy LLC. Also, the lithium-sulfur battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Lithium-Sulfur Battery Market 2018 - 2022
Historic Market Size - Data Table on Global Lithium-Sulfur Battery Market 2018 - 2022 ($ million)