The Global Lithium Sulfur Battery Market size is anticipated to grow at a CAGR of around 72% during the forecast period, i.e., 2021-26. According to MarkNtel Advisors Study.

Global Lithium Sulfur Battery Market Driver:

Low Costs of Lithium-Sulfur Batteries: AESBs based on Li-ion intercalation chemistry is responsible for around 50% of the cost of electric vehicles and have been stalling the electrification of road transportation. Sulfur is one of the most abundant elements found on the Earth and has an average price of $0.25/kg, which is less than a hundredth of that of LiCoO2 ($40/kg). Also, it is more cost effective to recycle sulfur than the metal elements in conventional cathode materials because of sulfur’s easier solubilization and sublimation. Therefore, lithium sulfur batteries are cheaper than lithium ion batteries and can be used in wide-range of application.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Lithium Sulfur Battery Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2020

-Historical Period: 2016 to 2019

-Forecast Period: 2021 to 2026

• By Application
• Aviation
• Automotive
• Electronics
• Power Sector
• Manufacturing
• Others
• By Sales Channel
• Manufacturer/Distributor/Service Provider
• Aftermarket
• By Region
• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including A123 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, etc.. are looking forward to strengthening their market positions.

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We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

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