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Lithium Sulfur Battery Market By Application (Aviation, Automotive, Electronics, Power Sector, Manufacturing) By Sales Channel (Manufacturers /Distributors /Service Providers, Aftermarket) – Growth, Future Prospects & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 12082 | Category: Energy

About this report

The Global Lithium Sulfur Battery Market report explores the critical analysis of the lithium-sulfur battery industry using key parameters. The report consists of investment strategies, the need for investments in the lithium-sulfur battery industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the lithium-sulfur battery industry and how economic and non-economic barriers are helping the market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses include Porter’s five forces analysis, PESTEL analysis, value chain analysis, etc.

Lithium Sulfur Battery Market

Key Highlights of the report

How are the major segments performing in the Lithium Sulfur Battery Market?

The aviation industry segment led the market in terms of application in 2021 and is expected to continue throughout the projection period. The lithium-sulfur battery is in high demand in the aviation industry owing to its ultra-lightweight and potential to double the range of electric aircraft. The use of batteries in electric aerospace propulsion is also expanding, intending to make vertical take-off and landing (VTOL) possible for electric passenger aircraft. A lithium-sulfur battery is also in high demand in electric aviation due to its relatively high energy density, long cycle life, low cost, and safer alternative to lithium-ion. As a result, increased drone adoption in aviation will drive market growth over the forecast period.

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In 2021, the sales channel’s manufacturers/distributors/service providers segment led the global market. The demand for high-capacity batteries is growing rapidly among automotive OEMs, fueling the demand for lithium-sulfur batteries. In addition, the growing use of plug-in hybrid electric vehicles is another significant factor boosting the market. It also has the potential to increase the aircraft’s payload, enhancing its capability and lowering overall operational costs. As a result, the increasing number of aircraft used for various purposes will contribute to manufacturers’ demand for lithium-sulfur batteries during the forecast period.

Which region dominated the Lithium Sulfur Battery Market?

North America dominated the lithium-sulfur battery market in 2021 and is expected to continue its dominance over the forecast period. The regional market growth is attributed to various innovations in the energy and power sector and the emerging trend of energy storage systems due to an increasing preference for renewable energy sources, particularly in the United States and Canada. Besides, various government initiatives promoting electric mobility to reduce carbon emissions, combined with the widespread presence of electric vehicle manufacturers such as Tesla, have increased the demand for stable and low-cost battery packs across North America. Leading companies like Google, Microsoft, Apple, and others have also positively impacted the requirement for emergency power backup systems for large servers to provide customers with better services. As a result, these factors are expected to boost the North American lithium-sulfur battery market during the forecast period.

What is the competitive environment of the Lithium Sulfur Battery Market?

Key manufacturers are innovating and expanding their production capacities to meet global market demand. Additional growth strategies, such as new product development, acquisition, and business expansion, are used to achieve key developments in the lithium-sulfur battery industry. For instance, Lyten, an advanced materials company, introduced the LytCell EV Lithium-Sulfur battery platform in 2021, specifically designed for the EV industry and delivering three times the gravimetric energy density of conventional lithium-ion batteries. Lyten has collaborated on military projects with the US government. The LytCell EV was designed to have multiple times the energy density of standard lithium-particle batteries. The organization specified 900 Wh/kg, which is exactly three times the capacity of today’s batteries. Lyten Sulfur Caging is the name of the technology used in LytCell batteries to open the presentation capability of sulfur by stopping the development of polysulfide, a cycle-life compromising factor that has, until now, prevented the reasonable use of Li-S in battery-powered electric vehicles.

Executive Summary

What are all technical developments being developed in the Lithium Sulfur Battery Market?

Numerous technologies are gaining traction in the energy storage market. Lithium-sulfur (Li-S) batteries are one such form of energy storage technology. The device can store twice as much energy per kilogram as standard lithium-ion batteries. The high energy density, theoretical capacity, and abundant sulfur found naturally in lithium-sulfur batteries make them promising battery systems. The lithium-sulfur battery market has some of the most competitive players, which means that some players share their technology through mergers and acquisitions. For instance, in December 2021, scientists developed a permeable 3D carbon fiber network doped with a cobalt matrix to fabricate anodes and cathodes for Li-S batteries concurrently. Due to their high hypothetical energy density, lithium-sulfur batteries (LSBs) are ideal next-generation fuel cells.

Which are the key investments by the Lithium Sulfur Battery Market players?

The increased investment of key government organizations and private institutes in developing sustainable power resources worldwide through renewable energy power generation has increased the demand for energy storage devices. Several battery manufacturers and research institutes are taking many initiatives and investing heavily in lithium-sulfur battery R&D to commercialize them.

Rising government investment in electric vehicles is propelling the lithium-sulfur battery market forward. Governments encourage the development and adoption of electric vehicles through investment, subsidies, and other legislative mechanisms. In the future, lithium-sulfur (Li-S) batteries will be the most promising battery technology for electric vehicles (EVs). For instance, in January 2021, US President Joe Biden pledged to invest USD 400 billion in clean energy, specifically battery technology and electric vehicles. The strategy calls for the government to allocate funds to help electric vehicles, with 500,000 new charging stations expected by 2030. As a result, rising government investment in electric vehicles is expected to propel the lithium-sulfur battery market forward.

Some major players in the market are A123 Systems LLC, GS Yuasa International Ltd, Samsung SDI Co. Ltd, Automotive Energy Supply Corporation, LG Chem Ltd, Hitachi Chemical Co. Ltd, Johnson Controls International PLC, Panasonic Corporation, Tesla Inc, and Toshiba Corporation.

What are the Major Driving Factors for the Lithium Sulfur Battery Market?

The growing inclination of many governments worldwide toward electrification in the transportation sector, combined with their various initiatives to promote the use of electric vehicles to reduce carbon emissions, is driving the market growth. Lithium-sulfur batteries are not only lighter and less expensive than their alternatives, but they are also safer. Lithium-sulfur batteries have enabled widespread use in drones, satellites, and military vehicles and are expected to contribute to overall market growth during the forecast period. Moreover, lithium-sulfur batteries will have lucrative growth opportunities in the aviation sector with the future development of flying taxis and other short-range flights.

What are the Major Risks for the Lithium Sulfur Battery Market?

The lithium-sulfur battery is more expensive than the lithium-ion battery, and its complex mechanism is the main factor limiting the market growth. Another impediment to market growth is the need for graphite components that protect against short circuits and dendrites. Continuous developments and innovations to improve lithium-ion batteries are also factors impeding the growth of the lithium-sulfur battery market.

Which is the key Application in the Lithium Sulfur Battery Market?

The aviation sector dominated the lithium-sulfur battery market in 2021 due to the growing use of lithium-sulfur batteries in military aircraft, which need high energy storage. Any aircraft must be as light as possible. The more weight it has, the more energy it needs to function. Lithium-sulfur batteries are the perfect storage solution for airplanes as they are significantly lighter than lithium-ion batteries. Besides, the aviation industry’s expansion is attributed to High Altitude Long Endurance (HALE) UAVs for various purposes such as weather forecasting, surveying, and mapping. These aircraft are designed to operate continuously for months without stopping to provide end-users with consistent coverage. Furthermore, the increasing application of drones is expected to contribute to overall market growth over the forecast period significantly.

How is the Lithium Sulfur Battery Market performing in regions?

North America dominated the global lithium-sulfur battery market in 2021 due to the region’s high energy consumption and the industry’s overall technological advancements. The region’s and especially the US’s energy consumption has been rising; the main energy sources consumed are fossil fuels, coal, nuclear power, renewable energy, and natural gas. Moreover, the presence of key players drives the market growth in this region. For instance, Lyten, a high-level materials company, is upending the lithium-sulfur battery market by introducing its LytCell E battery stage. This latest advancement is intended to provide multiple times the gravimetric energy density of conventional lithium-ion batteries.

Besides, the Asia Pacific region is expected to have the fastest growth in the global lithium-sulfur battery market due to increased aviation industry demand and awareness of renewable energy devices. In addition, the growing need for electricity in the manufacturing and electrical industries is enhancing the demand for lithium-sulfur batteries in grid-connected solutions. Moreover, rising investment in the development of high-performance lithium-sulfur batteries, as well as their increasing demand in the aerospace and electronics industries, are driving the regional market growth.

What is the regulatory landscape for the Lithium Sulfur Battery Market?

Governments worldwide have set their sights on developing renewable energy sources, which necessitate high energy density storage batteries, in response to the rapidly increasing demand for energy in recent years. The implementation of various government policies aimed at reducing the use of fossil-fuel-powered vehicles, as well as the zero-carbon targets set by regulatory bodies in various regions, are expected to increase demand for electric transportation and, as a result, boost the global market during the forecast period. Government policies aimed at phasing out most fossil-fuel-powered vehicles will play a significant role in the market growth. The environmental impact evaluation results show that Li-S batteries have a lower environmental impact than traditional NCM-Graphite batteries, with a 9% to 90% minimum impact.

What is the Market Size of the Lithium Sulfur Battery Market regarding value?

The global lithium-sulfur battery market is anticipated to grow at a substantial CAGR of 30.5% in the upcoming years. The global sustainable plastic packaging industry was estimated to be worth USD 528.5 million in 2021 and was expected to be worth USD 2610.4 million by 2028.

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What are the major players planning for the future of the Lithium Sulfur Battery Market?

One of the market trends is the use of nanotechnology in batteries. Using nanotechnology to produce and develop batteries will improve power supply compatibility. The growing popularity of EVs, plug-in hybrid EVs, and hybrid EVs, as well as the increased emphasis on renewable energy, will drive market growth. Li-S nanotechnology-enabled batteries can deliver at least three times the energy density of traditional Li-ion batteries. Thus, the use of nanotechnology will boost the growth of the lithium-sulfur battery market throughout the forecast period. The growing application and successful trials of Airbus Defense and Space’s High Altitude Pseudo-Satellite Aircraft (HAPAS) prototype, powered by solar energy during the day and lithium-sulfur batteries at night, is a significant future step toward commercialization. For instance, LG Chem Ltd tested its lithium-sulfur nanotechnology-enabled battery in a solar unmanned aerial vehicle (EAV-3) into the stratosphere in 2020. After 2025, the leader plans to mass-produce these batteries with twice the energy density of lithium-ion batteries.

Segmentation of Global Lithium Sulfur Battery Market –

Global Lithium Sulfur Battery Market – By Application

  • Aviation
  • Automotive
  • Electronics
  • Power Sector
  • Manufacturing

 Global Lithium Sulfur Battery Market – By Sales Channel

  • Manufacturers/Distributors/Service Providers
  • Aftermarket

Global Lithium Sulfur Battery Market – By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Lithium Sulfur Battery Market
2.2. Global Lithium Sulfur Battery Market, By Application
2.3. Global Lithium Sulfur Battery Market, By Sales Channel
2.4. Global Lithium Sulfur Battery Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Lithium Sulfur Battery Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Application
3.3.2. Sales Channel
3.3.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID 19 Impact Analysis
6.1. Global Lithium Sulfur Battery Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Lithium Sulfur Battery Market
7.1. Global Lithium Sulfur Battery Market, by Application, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Lithium Sulfur Battery Market, By Application, 2021 vs 2028 (in%)
7.1.3. Global Lithium Sulfur Battery Market, By Aviation, 2016-2028 (US$ Bn)
7.1.4. Global Lithium Sulfur Battery Market, By Automotive, 2016-2028 (US$ Bn)
7.1.5. Global Lithium Sulfur Battery Market, By Electronics, 2016-2028 (US$ Bn)
7.1.6. Global Lithium Sulfur Battery Market, By Power Sector, 2016-2028 (US$ Bn)
7.1.7. Global Lithium Sulfur Battery Market, By Manufacturing, 2016-2028 (US$ Bn)
7.2. Global Lithium Sulfur Battery Market, by Sales Channel, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Lithium Sulfur Battery Market, By Sales Channel, 2021 vs 2028 (in%)
7.2.3. Global Lithium Sulfur Battery Market, By Manufacturers/Distributors/Service Providers, 2016-2028 (US$ Bn)
7.2.4. Global Lithium Sulfur Battery Market, By Aftermarket, 2016-2028 (US$ Bn)

8. North America Lithium Sulfur Battery Market Analysis
8.1. North America Lithium Sulfur Battery Market, by Application, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Lithium Sulfur Battery Market, by Sales Channel, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
8.3.1. U.S.
8.3.1.1. U.S. Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.3.1.2. U.S. Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
8.3.1.3. U.S. Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
8.3.2. Canada
8.3.2.1. Canada Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.3.2.2. Canada Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
8.3.2.3. Canada Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)

9. Europe Lithium Sulfur Battery Market Analysis
9.1. Europe Lithium Sulfur Battery Market, by Application, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Lithium Sulfur Battery Market, by Sales Channel, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
9.3.1. Germany
9.3.1.1. Germany Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.1.2. Germany Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
9.3.1.3. Germany Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
9.3.2. France
9.3.2.1. France Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.2.2. France Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
9.3.2.3. France Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
9.3.3. UK
9.3.3.1. UK Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.3.2. UK Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
9.3.3.3. UK Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
9.3.4. Italy
9.3.4.1. Italy Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.4.2. Italy Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
9.3.4.3. Italy Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
9.3.5. Spain
9.3.5.1. Spain Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.5.2. Spain Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
9.3.5.3. Spain Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
9.3.6. Rest of Europe
9.3.6.1. Rest of Europe Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.6.2. Rest of Europe Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
9.3.6.3. Rest of Europe Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)

10. Asia Pacific Lithium Sulfur Battery Market Analysis
10.1. Asia Pacific Lithium Sulfur Battery Market, by Application, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Lithium Sulfur Battery Market, by Sales Channel, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
10.3.1. China
10.3.1.1. China Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.1.2. China Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
10.3.1.3. China Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
10.3.2. Japan
10.3.2.1. Japan Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.2.2. Japan Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
10.3.2.3. Japan Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
10.3.3. India
10.3.3.1. India Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.3.2. India Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
10.3.3.3. India Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
10.3.4. South Korea
10.3.4.1. South Korea Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.4.2. South Korea Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
10.3.4.3. South Korea Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
10.3.5. South-East Asia
10.3.5.1. South-East Asia Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.5.2. South-East Asia Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
10.3.5.3. South-East Asia Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
10.3.6. Rest of Asia Pacific
10.3.6.1. Rest of Asia Pacific Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.6.2. Rest of Asia Pacific Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
10.3.6.3. Rest of Asia Pacific Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)

11. Latin America Lithium Sulfur Battery Market Analysis
11.1. Latin America Lithium Sulfur Battery Market, by Application, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Lithium Sulfur Battery Market, by Sales Channel, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
11.3.1. Brazil
11.3.1.1. Brazil Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.3.1.2. Brazil Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
11.3.1.3. Brazil Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
11.3.2. Mexico
11.3.2.1. Mexico Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.3.2.2. Mexico Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
11.3.2.3. Mexico Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
11.3.3. Rest of Latin America
11.3.3.1. Rest of Latin America Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.3.3.2. Rest of Latin America Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
11.3.3.3. Rest of Latin America Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)

12. Middle East and Africa Lithium Sulfur Battery Market Analysis
12.1. Middle East and Africa Lithium Sulfur Battery Market, by Application, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Lithium Sulfur Battery Market, by Sales Channel, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
12.3.1. GCC Countries
12.3.1.1. GCC Countries Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.3.1.2. GCC Countries Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
12.3.1.3. GCC Countries Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
12.3.2. South Africa
12.3.2.1. South Africa Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.3.2.2. South Africa Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
12.3.2.3. South Africa Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)
12.3.3. Rest of Middle East and Africa
12.3.3.1. Rest of Middle East and Africa Lithium Sulfur Battery Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.3.3.2. Rest of Middle East and Africa Lithium Sulfur Battery, By Application, 2016-2028 (US$ Bn)
12.3.3.3. Rest of Middle East and Africa Lithium Sulfur Battery, By Sales Channel, 2016-2028 (US$ Bn)

13. Company Profiles
13.1. A123 Systems LLC
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. GS Yuasa International Ltd
13.3. Samsung SDI Co. Ltd
13.4. Automotive Energy Supply Corporation
13.5. Hitachi Chemical Co. Ltd
13.6. LG Chem Ltd
13.7. Johnson Controls International PLC
13.8. Panasonic Corporation
13.9. Tesla Inc
13.10. Toshiba Corporation
13.11. Others

List of Figures

FIG. 1 Global Lithium Sulfur Battery Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Lithium Sulfur Battery Market Segmentation
FIG. 4 Global Lithium Sulfur Battery Market, by Application, 2021 (US$ Bn)
FIG. 5 Global Lithium Sulfur Battery Market, by Sales Channel, 2021 (US$ Bn)
FIG. 6 Global Lithium Sulfur Battery Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Application, 2021
FIG. 8 Attractive Investment Proposition, by Sales Channel, 2021
FIG. 9 Attractive Investment Proposition, by Geography, 2021
FIG. 10 Global Market Share Analysis of Key Lithium Sulfur Battery Market Manufacturers, 2021
FIG. 11 Global Market Positioning of Key Lithium Sulfur Battery Market Manufacturers, 2021
FIG. 12 Global Lithium Sulfur Battery Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 13 Global Lithium Sulfur Battery Market, by Aviation, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Lithium Sulfur Battery Market, by Automotive, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Lithium Sulfur Battery Market, by Electronics, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Lithium Sulfur Battery Market, by Power Sector, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Lithium Sulfur Battery Market, by Manufacturing, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Lithium Sulfur Battery Market Value Contribution, By Sales Channel, 2021 & 2028 (Value %)
FIG. 19 Global Lithium Sulfur Battery Market, by Manufacturers/Distributors/Service Providers, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Lithium Sulfur Battery Market, by Aftermarket, Value, 2016-2028 (US$ Bn)
FIG. 21 U.S. Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 22 Canada Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 23 Germany Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 24 France Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 25 U.K. Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 26 Italy Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 27 Spain Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 28 Rest of Europe Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 29 China Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 30 Japan Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 31 India Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 32 South Korea Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 33 Southeast Asia Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 34 Rest of Asia Pacific Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 35 Latin America Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 36 Brazil Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 37 Mexico Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 38 Rest of Latin America Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 39 Middle East & Africa Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 40 GCC Countries Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 41 South Africa Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)
FIG. 42 Rest of Middle East and Africa Lithium Sulfur Battery Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Lithium Sulfur Battery Market
TABLE 2 Global Lithium Sulfur Battery Market, by Competitive Benchmarking, 2021
TABLE 3 Global Lithium Sulfur Battery Market, by Geographical Presence Analysis, 2021
TABLE 4 Global Lithium Sulfur Battery Market, by Key Strategies Analysis, 2021
TABLE 5 Global Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 6 Global Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 7 Global Lithium Sulfur Battery Market, by Geography, 2016-2028 (US$ Bn)
TABLE 8 North America Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 9 North America Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 10 North America Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
TABLE 11 US Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 12 US Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 13 Canada Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 14 Canada Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 15 Europe Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 16 Europe Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 17 Europe Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
TABLE 18 Germany Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 19 Germany Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 20 France Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 21 France Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 22 UK Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 23 UK Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 24 Italy Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 25 Italy Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 26 Spain Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 27 Spain Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 28 Rest of Europe Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 29 Rest of Europe Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 30 Asia Pacific Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 31 Asia Pacific Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 32 Asia Pacific Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
TABLE 33 China Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 34 China Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 35 Japan Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 36 Japan Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 37 India Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 38 India Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 39 South Korea Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 40 South Korea Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 41 South East Asia Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 42 South East Asia Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 43 Rest of Asia Pacific Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 44 Rest of Asia Pacific Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 45 Latin America Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 46 Latin America Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 47 Latin America Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
TABLE 48 Brazil Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 49 Brazil Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 50 Mexico Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 51 Mexico Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 52 Rest of Latin America Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 53 Rest of Latin America Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 54 Middle East and Africa Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 55 Middle East and Africa Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 56 Middle East and Africa Lithium Sulfur Battery Market, by Country, 2016-2028 (US$ Bn)
TABLE 57 GCC Countries Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 58 GCC Countries Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 59 South Africa Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 60 South Africa Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 61 Rest of Middle East and Africa Lithium Sulfur Battery Market, by Application, 2016-2028 (US$ Bn)
TABLE 62 Rest of Middle East and Africa Lithium Sulfur Battery Market, by Sales Channel, 2016-2028 (US$ Bn)

Frequently Asked Questions:

How has COVID-19 impacted the global lithium-sulfur battery market?

The global lithium-sulfur battery market also suffered from the COVID-19 pandemic, which resulted in a decline of over 12.5% in revenue generated in 2020.

Which is the leading market for the global lithium-sulfur battery market?

The North American region accounted for the highest share in the global lithium-sulfur battery market in value and volume.

What are the key drivers for the growth of the global lithium-sulfur battery market?

Growing demand for electric vehicles and the aviation industry, rising adoption of renewable energy, and increased R&D are some of the major factors driving the global lithium-sulfur battery market’s growth.

Which is the major segment in the lithium-sulfur battery market by Application?

The aviation industry segment had a major share in 2021, with more than 55% of the market revenue. Besides, the automotive sector is projected to witness the fastest growth.

Which is the major segment in the lithium-sulfur battery market by Sales Channel?

Manufacturers/distributors/service providers segment had a major share in the global market in 2021 and is projected to continue its dominance over the forecast period.

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