Global Next-Generation Advanced Batteries Market Insights and Forecast to 2028

Despite the progress made to date by commercially available lithium ion (Li-ion), advanced lead-acid, flow, and molten salt batteries, the path toward the commercialization of new battery chemistries continues. The next-generation advanced battery chemistries at laboratory-scale research or pilot-scale production levels today include lithium sulfur (Li-S), lithium solid-state (Li-SS), next-generation flow, and metal-air. Their advent is occurring alongside an enormous growth in the world’s appetite for advanced energy storage devices. Increasingly, this will include electric vehicles, energy storage and consumer electronics.
Market Analysis and Insights: Global Next-Generation Advanced Batteries Market
Due to the COVID-19 pandemic, the global Next-Generation Advanced Batteries market size is estimated to be worth US$ 859.4 million in 2022 and is forecast to a readjusted size of US$ 4343.1 million by 2028 with a CAGR of 31.0% during the review period. Fully considering the economic change by this health crisis, Lithium Sulfur accounting for % of the Next-Generation Advanced Batteries global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Transportation segment is altered to an % CAGR throughout this forecast period.
Global Next-Generation Advanced Batteries key players include OXIS Energy, PATHION, Sion Power, GS Yuasa, Nohm Technologies, etc. North America is the largest market, with a share about 35%, followed by Europe, with a share about 30 percent. In terms of product, Lithium Sulfur is the largest segment, with a share about 40%. And in terms of application, the largest application is Transportation, followed by Energy Storage, Consumer Electronic, etc.
In terms of production side, this report researches the Next-Generation Advanced Batteries capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Next-Generation Advanced Batteries by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Next-Generation Advanced Batteries Scope and Segment
Next-Generation Advanced Batteries market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Next-Generation Advanced Batteries market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Lithium Sulfur
Magnesium Ion
Solid Electrodes
Metal-Air
Ultracapacitors
Others
Segment by Application
Transportation
Energy Storage
Consumer Electronic
Others
By Company
OXIS Energy
PATHION
Sion Power
GS Yuasa
Nohm Technologies
PolyPlus
Lockheed Martin
Pellion Technologies
Seeo
Solid Power
Amprius
24M
Phinergy
Fluidic Energy
Maxwell
Ambri
ESS
Production by Region
North America
Europe
Japan
Latin America
Middle East and Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE