Dublin, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The "Lithium-Sulfur Battery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The report highlights the market presence of Lithium-Sulfur Battery technologies in different regions, categorizing it as Strong, Active, Niche, or Trivial. Additionally, it provides a competitive landscape, identifying key competitors for the year 2023.
The geographic analysis presents a comprehensive overview of the Lithium-Sulfur Battery market's performance in the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The report delves into the percentage breakdown of value sales for different end-uses, types, and power capacities of the batteries for the years 2023 and 2030.
Global Lithium-Sulfur Battery Market to Reach $3.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Lithium-Sulfur Battery estimated at US$607.6 Million in the year 2022, is projected to reach a revised size of US$3.7 Billion by 2030, growing at a CAGR of 25.4% over the analysis period 2022-2030.
High Energy Density, one of the segments analyzed in the report, is projected to record 25.9% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Low Energy Density segment is readjusted to a revised 24.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $158.2 Million, While China is Forecast to Grow at 31.8% CAGR
The Lithium-Sulfur Battery market in the U.S. is estimated at US$158.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 31.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.5% and 22.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.3% CAGR.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
A selection of companies mentioned in this report includes
- 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
For more information about this report visit https://www.researchandmarkets.com/r/vgmsxy
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