Market Challenges And Opportunities

Significant challenges in these batteries that include fundamental limitations in terms of electrochemical stability are expected to be the major factors delaying the commercialization of the technology

Several number of studies that were carried out over the past few years have revealed that high reactivity of the lithium peroxide, which is the after product leads to corrosion of both the carbon cathode layers and electrolyte layer. Moreover, owing to utilization of introduction air humidity, carbon dioxide and other impurities will hamper the utilization of these cells. High heat dissipation, large mechanical stress on the structure, low number of charge cycles, high charge degradation rates also add up to the existing challenges, which are expected to hamper the overall industry growth though the forecast period.

Considerable number of ongoing and existing alternative approaches for power storages will hinder the Li-air battery market

Li-ion battery market is the major addressable that the ongoing research and development activities are expected to disrupt over the next few years. Some of these include gold nanowire cell, graphene cells, Micro supercapacitors, sodium ion, and foam batteries are few of the alternatives that can present substantial to the ongoing development in this industry segment. Advent of the technology is expected to create significant demands in the developed economies which will eventually expand to Asia Pacific representing the largest industry share. Addressing the existing technical problems is expected to remain the primary concerns of the industry participants over the next couple of years.