According to a market report by Lucintel, the future of the global sulfur-based battery market looks promising with opportunities in the automotive energy storage, stationary energy storage, consumer electronic, and aerospace & defense markets. The global sulfur-based battery market is expected to grow with a CAGR of 16.8% from 2025 to 2031. The major drivers for this market are global rise in funding for the construction of EV charging station infrastructure, battery energy storage systems, and renewable power generation, growing next-generation high-power and high-performance battery systems, such as sulfur-based batteries, as well as, surge in renewable energy power output.A more than 150-page report to understand trends, opportunity and forecast in sulfur-based battery market to 2031 by product type (sodium-sulfur batteries and lithium-sulfur batteries), application (automotive energy storage, stationary energy storage, consumer electronics, and aerospace & defense), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, sodium-sulfur batteries is expected to witness the higher growth over the forecast period.
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In terms of regions, APAC will remain the largest region over the forecast period due to growth in the production of distributed electricity, renewable energy, and electric car sales.
NGK Insulators, Lyten, LG Energy Solution, Li-S Energy, Giner, Xcel Energy, NexTech Batteries, Johnson Matthey, Zeta Energy, Theion are the major suppliers in the sulfur-based battery market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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